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  1. #1
    Join Date
    Jul 2001
    Location
    east lansing, michigan
    Posts
    1,558

    Post

    http://story.news.yahoo.com/news?tmp...ngs_guidance_8

    they won't release earnings reports? wait till the sec hears about this. christ almighty, these guys are corrupt as all hell. i hope SS keeps releasing earnings reports about his africola sales
    woot woot

  2. #2
    Join Date
    Jul 2002
    Location
    Delaware
    Posts
    4,702

    Post

    No, they won't release forcasts. Basically, they aren't going to predict how good the business is going to be in the next quarter, year, whatever.

    Lots of companies have stopped doing this, including Gilette and Berkshire Hathaway (Warren Buffet owns a lot of stock in both of them).

  3. #3
    Join Date
    Apr 2000
    Location
    Twin Cities/Kalamazoo MN/MI
    Posts
    706

    Post

    From what I have heard on "da street" this is hailed as a VERY smart move. In general the sentiment towards this is very stong indeed. It seems to be becoming a new trend as we see market predictions casuing more damage to a company then they ought to.
    <b>Hey Pepsi, Shasta called, they want their lemon-lime back.</b>

  4. #4

    Post

    Out of uncertainty can come great products. Bank on that.

  5. #5
    Join Date
    Apr 2000
    Location
    Twin Cities/Kalamazoo MN/MI
    Posts
    706

    Post

    True that so i suppose its unfortunatly Coke is doing so well. Maybe we ought to look to Jones to innovate
    <b>Hey Pepsi, Shasta called, they want their lemon-lime back.</b>

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