To my cynical and untrained eye, this disclaimer from HLSH's 8-K yesterday seems to go well beyond the norm.
CAUTIONARY STATEMENTS REGARDING PRESENTATION
>> Projections contained herein consist of a summary of revenues, cash, debt, expenses, EBITDA and EBITDA margin of HEALTHSOUTH and its divisions for the twelve months ending June 30, 2004
>> Projections are based on assumptions which HEALTHSOUTH believes, as of the date hereof, are reasonable; inevitably, there will be differences between the projections and actual results and those differences may be material to HEALTHSOUTH
>> There can be no assurance that projections will be realized
>> HEALTHSOUTH undertakes no duty to publicly update or revise the information contained herein
>> Projections were not prepared with a view to compliance with published guidelines of the SEC or the guidelines established by the American Institute of Certified Public Accountants and no independent auditors or other professionals have examined or expressed any opinion of the projections herein
>> Projections herein have been presented in a summary format and stakeholders may reach a different conclusion about HEALTHSOUTH's projected financial operations if full financial statements were available
>>You are cautioned not to place reliance on these projections