SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: tejek who wrote (61854)6/15/1999 11:59:00 AM
From: A. A. LaFountain III  Read Replies (1) of 1573197
 
Ted: re "how amd's quiet period works"

If I understand it correctly, a quiet period can be implemented at any point by a company - it's not necessarily after the quarter has closed, but before it has been reported. It's the period in which a company will not discuss the financial or operating performance with investors on an individual basis.

However, there is no such thing as a "lockdown" in which a company would not be able to communicate with investors AS A GROUP. So a company can (and, in fact, should) issue preannouncements at any time if they are deemed material - even a day before the release if that is warranted (of course, logistical considerations often prevent that sort of extremism).

The notion of a quiet period is an acknowledgement that as you get closer to reporting time, "body language" and reading between the lines can lead to changes in investor perception that can have as much or more of an impact on the share price as more signficant news earlier in the quarter. - Tad LaFountain
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext