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Smith111

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Smith111

Re: None

Saturday, 08/20/2005 2:33:02 PM

Saturday, August 20, 2005 2:33:02 PM

Post# of 10733
One thing that conerns me is that they did not reaffirm their guidance for the rest of 2005. It seems as though the earnings release is the ideal place to reaffirm guidance, and it's usually the most common place. It makes me a little nervous. I don't care about what the bashers say about audited financials, because that is in the works. In due time we'll see the audits. The non-reaffirmation of guidance, on the other hand, is what I'm dwelling on right now.

"Most of the time common stocks are subject to irrational and excessive price fluctuations in both directions as the consequence of the ingrained tendency of most people to speculate or gamble... to give way to hope, fear and greed."

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