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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Sully- who wrote (33074)	3/12/2001 1:02:18 PM
From: im a survivor	Respond to of 65232

<<Guide down numbers for the qrtr>> This is just ridiculous.......are these companies that in the dark that they have to keeep revising numbers every other week?? Personally, I'd rather have no guidance then the type of gyidance we have ben getting. CEO's are constantly saying everything is great one day, just to lower estimates a few days later...then two weeks later, they lower them again......What a bunch of rubbish...I say abolish the fed....abolish guidance from companies. I'd rather just hear the numbers each qrtr, do my homework as good as I can, and let the chips fall where they may. As it is...in this "new age stock market"....too many damn people have too much control over the movement of a stock....lets get back to the old days where evrybody kept their mouth shut, and we looked at earnings as they happened. The problem with guidance is....back then, guidance was relatively easy to see...today, companies readily admitt in this quickly changing economic environment, they can't see a week ahead accurately, let alone several qrts....it's all guesswork....we dont need guesswork......guesswork should be abolished<ggg>........I am sick of so many people having an effect on my personal finances......JMO, but I'll bet others agree at this point...too many people pushing the manipulation button and in the end, the rich survive, the small and meek get gobbled up and spit out..... Keith