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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts

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To: Rich1 who wrote (57385)10/23/2000 11:02:45 AM
From: Junkyardawg  Read Replies (2) of 63513
 
LU>I would think that when they find a new CEO and get him/her in office that he/she will want to clean the slate.
In other words, my guess is that they will put out all the dirty laundry in the next earnings and may miss by a bunch.
I know if I was coming into a company to take over that had been doing bad I would go through the books and anything that even hints of a loss I would go ahead and get it over with. That way I can start fresh and I would look a lot better if and when things start to turn around.
Kinda like a new football couch. The last thing a new couch wants to do is to win big his first year.
dawg
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