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Technology Stocks : Micron Only Forum -- Ignore unavailable to you. Want to Upgrade?


To: Thomas G. Busillo who wrote (43696)3/11/1999 11:05:00 PM
From: Peter Piper  Respond to of 53903
 
This seems to be a continuing cat and mouse game between analysts and company officials in all the heavily followed listed companies. "I can't tell you but were comfortable" It's like telling without telling in order to skirt the law. I've seen in at Intel, Cisco, Microsoft.

The "We really don't comment on analysts' expectations" was from their PR lady, trying to cover up any "direct comments" from the executive. Like what PR folks have to constantly do when Larry Ellison at Oracle speaks.

So if you want to ridicule Micron, you might as well ridicule the whole industry.

By the way, I think it's unfair that company officials play this game with analysts, while leaving the small investors in the cold. It becomes privileged information that the analysts hold, regurgitate, then spew out with bravado, as if they have their how insights.

Peter Piper (your electronic plumber)

Peter Piper (your electronic plumber)



To: Thomas G. Busillo who wrote (43696)3/12/1999 11:00:00 AM
From: Skeeter Bug  Respond to of 53903
 
>>Memo to whoever wrote that piece:
The preceding question is called "a follow-up question". The ability to ask a relevant
follow-up question has been known to be somewhat useful in the practice of journalism,
as it prevents the writer from using quotes that insult the intelligence of the reader.<<

tom, they had that guy but canned him. ;-)



To: Thomas G. Busillo who wrote (43696)3/12/1999 6:05:00 PM
From: Kerry Phineas  Read Replies (1) | Respond to of 53903
 
TB, I like << News about the positive sales picture first surfaced on Wednesday after Dow Jones quoted a company official as saying, "From the point where [analysts] were expecting a loss, we ended the quarter with higher shipments." >>

ie, from the point we managed to guide analysts down from profit to loss, we managed to dump chips on the market in order to make our shipments look good, and at the same time have lower earnings expectations that we can beat.