Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: marginmike who wrote (170329)	6/5/2002 12:01:10 PM
From: Earlie	Read Replies (2) \| Respond to of 436258

MM: Not sure I see a cover-up, so much as spin and "buy-back" program in overdrive. The actual news was exactly as I had earlier suggested..... problems and reduced sales in virtually every division, plenty of stealth lay-offs, and a forecast loss (the first in how many years?) for the coming quarter (by the way, too bad the WSJ folks don't go back and compare this new set of numbers with what Lou and his favourite analysts were saying a few months ago). I took advantage of this morning's head-in-sand response to "give 'em a bit more". I expect the stock to sell off as the evolving new reality for this company sinks in. Best, Earlie