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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Uncle Frank who wrote (7339)	10/2/1999 11:36:00 AM
From: Mike Buckley	Read Replies (1) of 54805

or is he just managing the stock? Frank, your comment reminds me of something I've been meaning to post for awhile. I think the upcoming earnings report will be very revealing about management's approach to the market. For quite awhile now they have been issuing press releases saying that they expect the company to "meet or beat" analysts' expectations. That leaves room for only meeting the consensus estimates. If the numbers blow away the estimates as they have in the past, I think we'll learn that management is adopting Softie's and Intel's approach of always building in room for investors' doubt. --Mike Buckley

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