News Focus
News Focus
icon url

Moron

11/28/03 6:06 PM

#14897 RE: New_investor_2_STEH #14895

If three years is too long, try three months. The CEO of a publicly traded company issued a statement that they expect to break even by the end of Q4. Some may not like to read between the lines, but it seems to me that making such a statement if it wasn't already a done deal is extremely irresponsible. That being said, if they had secured a deal that would have such a monumental impact on the company (and their investors), it seems equally irresponsible (to the shareholders, if no one else) to fail to disclose such a deal for months (since GB made the statement).

If this was an isolated incident I'd be very critical and suspect, but since it's the latest in a very long list of mis-fires it's pretty hard for some of us to be supportive.