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Technology Stocks : Gemstar Intl (GMST)
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To: RoseCampion who wrote (3052)5/24/2000 6:06:00 PM
From: Uncle Frank  Read Replies (3) of 6516
 
>> Henry's seen lots of companies report stellar earnings and then still get their prices whacked the next day. If he's got the flexibility about when to report, why not just wait a bit for the possibility of market conditions that might actually allow a good earnings report to actually make the stock go up?

That's an interesting concept, Rosa. I wonder how much flexibility the SEC allows publicly traded companies? We've seen IPO's delayed to await a more favorable market, but I never knew a company had the latitude to "time" its earnings reports.

I'm thinking this is just another example of Henry's piss poor communications skills. He doesn't own this company - the shareholders do. It's high time for him to cut out the secrecy crap and let me in on how he's utilizing my capital.

uf
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