Tune up: Speaking of business magazines, Joe Friedman of cbs.marketwatch looks at the future of Money Magazine. I think it is somewhat ironic that many of the problems Friedman says are facing Money are also problems facing cbs.marketwatch.
Meanwhile, investors grouse that the media helped Wall Street inflate the value of tech stocks in the late 1990s by writing an array of puffy stories. “The challenge is to relate to people,” said Fred Frailey, the editor of Kiplinger’s Personal Finance magazine…. “Investors are tuned out, burned out, unhappy,” said Frailey. “We said, `Buy these stocks’ — and see what happened?”