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Lojiko

07/28/12 12:37 PM

#16206 RE: gabbs #16205

I don't think missing projections is as big a deal as some people make it out to be. Google "company misses projections" and it will give you a long list of recent headlines from major corporations. Perhaps investors are a little more forgiving when a large-market-cap company misses its estimates, but missing projections comes with the territory with smaller companies like PTQ. I would think investors already know that. IMO, profit is still king.

A small sampling of the headlines I got from the above search ... I limited my results to only those posted in the last 24 hours.

Apple Drops as Results Miss Estimates

Zynga Misses Estimates

UPS misses estimates, cuts 2012 outlook

Newmont Gold Quarterly Profit Misses Estimates as Costs Rise

Starbucks Stock Plummets on Earnings Miss

Kaydon 2Q profit falls, misses predictions

Vulcan Materials Misses on Both Revenue and Earnings

VeriSign Misses

Green Dot Sharply Lowers Profit Forecast

Facebook shares sink to new low after Q2 results

Sprint Nextel Misses


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Implanting

07/28/12 2:25 PM

#16213 RE: gabbs #16205

Gabbs, I agree with your points. I'm not sure if it's in this company's DNA to underpromise and overdeliver. Fifer's logic seems to be overpromise and to miss horribly to the low-end. Accuracy in forecasting is important to any investor.