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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today

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To: Art Vandelay who wrote (13359)1/7/1999 9:53:00 AM
From: Dr. Moze  Read Replies (1) of 19331
 
One reason why the release of "positive" PRs like the one yesterday by DCTC has to do with motivation. Why does a company release a bullish projection of earnings increases that contains no material information? Methinks most market watchers take such an airball as a sign that the company is merely trying to boost a sagging stock price by making non-binding bullish statements. It does happen a lot. In the long run, the company's revenues and audited figures will speak for themselves, so the issuance of a "rah rah" release is often taken to be a bearish indicator.

On a somewhat related topic, has CCEE met their bullishly projected earnings forecasts for the past year? [ $^) or $^( depending on your point of view....]
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