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Technology Stocks : Diamond Multimedia -- Ignore unavailable to you. Want to Upgrade?


To: lml who wrote (4540)7/3/1999 1:16:00 AM
From: PaperChase  Read Replies (1) | Respond to of 4679
 
Any statement that SIII makes about future events, including expectations of future earnings or revenue, is covered under the safe harbor act, if invoked. This of course does not apply to statements about past performance.

You are a very confused individual. You seem to think that guidance and earnings estimates are like a sure thing, even for a merger that hasn't occurred yet. Perhaps you should have listened to Starbucks estimates a couple of months ago which have since been revised downward twice.

What happens if prices in the modem market collapse further?
What happens if a typhoon wipes out a manufacturing plant in Taiwan?

These are all unknown future events and thus management's earnings projections and guidance tied to the occurrence of anticipated future events are covered under the safe harbor act, if invoked.

Stop this silliness and see the hype for its intended purpose. Do you think SIII management is actually going to admit that acquiring DIMD is going to be earnings destructive? Do you think shareholders would approve an earnings destructive deal? SIII's only hope is to listen to the advice offered in Hiram's post on how to turn around the DIMD monster.