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To: stellarstan who wrote (6991)3/12/2007 4:59:17 PM
From: kgr1137  Respond to of 20808
 
I believe they are required to pre-announce if they know they are going to miss by "x" amount- up or down.

Of course, it would be nice if they could/would announce an exact earnings date. You have to wonder where CEOcast is getting its info regarding the 16th earnings release date.

I could go on with the failing of the content of their pre-announcement but why go down that road.



To: stellarstan who wrote (6991)3/12/2007 5:53:04 PM
From: kbcpuck1  Read Replies (1) | Respond to of 20808
 
It seems that's what companies do now when they are about to miss projections. I wonder when they figured out this was happening. If it was a combination of slow pay and slowdowns, they had to know along the way, and why they were re-affirming in November, and what they expected to happen in December to make it up is what I'd like to know.

I have to admit my confidence is shaken, but I feel the opportunity is too great, they are too well-positioned and
(I know I'm inviting obvious retorts with this one) may be in a can't-screw-it-up situation.

I feel that on 3-15, they will announce earnings in the ballpark of the revised projections, then will project good growth in 2007, possibly with and without N.O. as a way to go about it.

Once people look at it objectively - meaning where we are now - not where they hoped to be based on earlier company promises - they will see a company growing at 20-30%/year, trading at 8X projected earnings or possibly lower.