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To: SalmonMan who wrote (36382)1/16/1999 5:11:00 PM
From: Ronaldo  Read Replies (1) | Respond to of 50264
 
I was upset with this mess up too. After some time I have been able to separate things pertaining to "form" from those pertaining to "substance".

I think that at DGIV they are particularly messy in the "form" front. In the "substance" aspects I continue to feel confortable.

I think the clarification added some information that is useful for us.

With regards to your opinion that this was an opportunity created by some insiders to unload, I doubt it, but lets find out if some sold.....I see the share movement as a flow and ebb situation with an upward trend as the central theme.

IMO this situation was NOT a "pump" by the Co or its officers but a major screw up.

IMO we have a right to vent. The Co. could do itself and us a favor by getting a more professional hand at this news release thingy.

#50




To: SalmonMan who wrote (36382)1/16/1999 5:25:00 PM
From: Ronaldo  Read Replies (1) | Respond to of 50264
 
I was looking at news release from Merrill Lynch, figured it is a high profile Co. and an example to follow....

"Merrill Lynch Japan to boost sales staff  (Reuters)
TOKYO, Jan 12 (Reuters) - Merrill Lynch Japan Securities, a unit of Merrill Lynch & Co (NYSE: MER - news ), said on Tuesday it planned to boost its sales staff by about 200 by the end of this year from a current 1,000.."

They don't write that they cannot give assurances that they will fully hit that number of employees.

They don't tell us that they have (or do not have) the clients to be served by these employees.

They don't tell us how they will pay those employees.

Neither do they say that the business climate could change for the worse making these hirings not necessary and the firing of personnel necessary (and the market has its ups and downs, and MER has been known to fire boatloads of employees).

This is what gets me with these clarifications. The genius that wrote it wants to be, as we say here, "more catholic than the Pope". MER does not have to do these masochistic "doom and gloom" "clarifications", we do.

I suggest that we should change their names to "obscure-izations" or "scare-izations" or "upset-izations".

#50