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To: helkel who wrote (24915)6/26/1998 2:39:00 PM
From: Eric Goethals  Read Replies (1) | Respond to of 36349
 
Because the BIG deal logistics are thought of way before hand. People discuss things like "OK, its a deal. When we going to announce this?" They look at the calendar at all those months starring them in the face and say the "first of... ".

Go back and look at when the bigest contracts or news announcements are given out and you will note the first of month bias.