Maxman, it seems this practice of excluding the press and public from earnings cc is quite common, see the following excerpt from a Humana story ("investors" would mean BIG INVESTORS):
Humana Excludes Press, Public From Earnings Conference Call
Bloomberg News October 29, 1998, 6:59 p.m. ET
Humana Excludes Press, Public From Earnings Conference Call
Louisville, Kentucky, Oct. 29 (Bloomberg) -- Humana Inc. excluded the news media and the public from the conference call it conducted this morning after the managed health-care company released its third-quarter earnings.
Analysts said the conference call was at 10 a.m. New York time. Humana executives spoke to analysts and investors on the call.
An operator handling calls into the conference said Humana had reserved a limited number of lines, to be used only by investors. |