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Strategies & Market Trends : The New Economy and its Winners

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To: Bill Harmond who wrote (4728)	1/11/2001 5:59:07 PM
From: 16yearcycle	Read Replies (1) of 57684

If I was the ceo of ARBA, I would have directed the financial team to sell 2002 120 leaps back in late November. Hundreds of thousands of them. Then, I would have announced on 12/15 that the outlook "is cloudy" for the current quarter, and "we may not" make estimates. Then we buy the leaps back on 1/3/2001. Then we delay the earnings announcement until 1/20, and at the same time buy back the leaps as a good faith gesture;>). Then buy March calls at 20, and release the current blow out and apologize for the accounting confusion and announce the resignation of the cfo. Guide to 300% growth, sue the cfo, sell the calls and sell puts again and then miss the next quarter. Then suggest that maybe folks shouldn't worry so much about each quarters report. Where is my medication? ---------------------------- All the sarcasm aside, now the jerks on cnbc are wondering wether arba's guidance was "too strong and they won't be able to meet it." I am totally serious.

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