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.
Technology Stocks : Diamond Multimedia
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: PaperChase who wrote (4538)7/2/1999 3:50:00 PM
From: lml  Read Replies (1) of 4679
 
P-Chase:

Stop looking in the rear view mirror & focus on the road ahead. You seem to think that you & not the market have the keener sense of the road ahead for SIII. Granted, you are entitled to your own conclusions, but they are obviously in the minority.

As far as your conclusion that SIII's statement is within the safe harbor of a forward looking statement typically found in the MD&A section of the 10-Q or 10-K, may I remind you that SIII's statement was a "preannouncement" of earnings expectations & does not necessarily fall within the safe harbor provisions that you appear to know little about.

The intent of SIII's statement was to provide guidance to the Street, in particular the analyst community so that they may adjust their projections accordingly. Your conclusion of the prospects of any potential litigation on the failure of SIII to meet the expectations created by this statement is another "complete joke" if you believe that if SIII fails to perform that this statement would fall within a safe harbor provision & that every securities lawyer would be deterred by your conclusions. Give me a break.

Notwithstanding any legal liability, the bottom line of my comment, which I obviously need to state more clearly to you, is why would SIII release such a statement unless it was confident that it could stand behind it. Are they a "complete joke" in your mind as well?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News