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Technology Stocks : GX Investors Thread
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To: HW Bowman who wrote (17)8/20/2001 9:36:03 AM
From: Bill Fischofer   of 586
 
In many ways management-by-press-release was part of the late 90s bubble mindset which was driven by investor impatience. Like it or not, the investor clock ticks in quarters because that's how often investors get a meaningful read on how the business is really doing. In a post-bubble, post-RegFD environment investors are going to have to reset their internal clocks to resynchronize with this fundamental heartbeat of the markets. I'm not sure that's such a bad development even if the adjustment is at times painful.
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