Uh, Sal--
The "SI conference call" thing was a joke.
As for what I'd have had Sood ask management, that'd be his call. I know that if given the opportunity, there's lots of stuff I'd like to ask. Even if I thought I already knew the answer: it's best to be sure.
In what way was Sood "partially right"? Net was above his predictions, and as far as I know so were revenues (doubt very much whether they fell below). We're all aware that sequential revenue growth didn't please, but then the company made a point of noting that they considered this to be a particularly "difficult" quarter, which at least suggests that they believe it to have been atypical.
And, as I noted in another post, they said only about a month ago that they were "comfortable" with FY '97 estimates as they were then. Has that changed? Did Sood address this point?
Seems to me that in these cases it's important to listen very carefully to what the company's saying--if the company has a reputation for reliability, in any case--when it makes forward-looking statements.
I recall a WSJ article of about a year ago, in which the CEO of a large concern lamented: "Why is the company always wrong and the analyst always right?" He had a point.
Any real Robots out there? It'd be helpful for all if you'd post a transcript of the conference call at your website.
Janice |
