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Strategies & Market Trends : The New Economy and its Winners

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To: 16yearcycle who wrote (4731)1/11/2001 9:06:00 PM
From: Libbyt  Read Replies (1) of 57684
 
>Where is my medication?<

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.


LOL! One of the funniest posts I've read in a long time!
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