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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Brad Bolen who wrote (32268)	10/23/1998 8:16:00 PM
From: Berney	Respond to of 94695

Brad, Ok, I'll play. Financial statements are the representations of management and, as such, there is always a unique level of trust between investors and the company. When that trust is violated, I write that company off the investment list forever. There are just too many fish in the sea. Since there was no need for management to provide guidance at that point and the quarter was over, I believe it would be reasonable for an investor to rely on the assertions. It stinks! But, no less so than G having a conference call with analysts. The next day, after getting their house in order, they lower the earnings estimates. Investor gets screwed. When G is contacted, they note that it is their policy to not comment on analyst earnings expectations. Give me a break. Berney