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Politics : Ask Michael Burke
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To: Knighty Tin who wrote (72698)1/2/2000 9:56:00 AM
From: Les H  Read Replies (1) of 132070
 
THE LESS IS MORE AWARD (courtesy of NY Times)

To Carly Fiorina, the new chief executive of Hewlett-Packard. Under her leadership, the company -- which had been known as a model for full disclosure of quarterly results -- has significantly reduced the amount of data it gives to investors and analysts in its conference calls. In its fourth-quarter conference call on Nov. 17, the company said it would henceforth provide actual figures on companywide orders only when it thought they were meaningful.

"What we want to do is spend time providing accurate, insightful information," said Marlene Somsak, manager of media and financial communications for Hewlett-Packard, "not information that is potentially misleading." It was not immediately clear how dispensing more information could be misleading.
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