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DewDiligence

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DewDiligence

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Re: alertmeipp post# 96469

Thursday, 05/27/2010 11:03:45 AM

Thursday, May 27, 2010 11:03:45 AM

Post# of 251692
MON lost a lot of credibility today by not only taking down FY2010 guidance, but also lowering EPS guidance for all future years implicitly. Management should have come clean when they reduced FY2010 and long-term guidance in February; doing this twice in three months ensures that no one will believe anything they say for years to come. All told, a very big ouch.


“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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