John, that's just an unbelievably ridiculous quote.
"We really don't comment on analysts' expectations, the point he was trying to make in his presentation is that as the quarter (goes on), the analysts have continued to raise their expectations," the spokeswoman told CBS.MarketWatch.com.
If he was commenting "in his presentation...that as the quarter (goes on), the analysts have continued to raise their expectations," then wouldn't that be commenting on analyst expectations.
If he's not commenting on analyst expectations, then what specifically is he commenting on?
Memo to whoever wrote that piece:
The preceding question is called "a follow-up question". The ability to ask a relevant follow-up question has been known to be somewhat useful in the practice of journalism, as it prevents the writer from using quotes that insult the intelligence of the reader.
Another follow-up question would be something along the lines of, "so you're saying that the company throughout the quarter has maintained the guidance it gave back in December regarding sequential bit growth? For example, if guidance was for 20%, then 25%, and then at a conference you later put it at 35%, then really in commenting on analyst expectations rising aren't you really commenting to some degree on your own ability to manage those expectations?"
Good trading,
Tom |
