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Strategies & Market Trends : Gorilla and King Portfolio Candidates
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To: DownSouth who wrote (27015)6/28/2000 4:28:00 PM
From: Mike Buckley  Read Replies (1) of 54805
 
Jerry,

As far as how quarter to quarter reports affect us ggamers, we use the quarterly performance as a set of clues to explore for trends, threats, problems, etc. We also use these reports to see how well management is doing in managing the street's expectations. Management than cannot do that has other problems.

On that last point about managing expectations, I don't follow that and that isn't part of the criteria in the manual. I also disagree that a management team that can't manage expectations necessarily has other problems. Sometimes that's their only problem, in which case long-term investors don't see it as an issue, much less a problem.

--Mike Buckley
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