yeah, right

Author	All Replies
hopeflicker Capitalism breeds greed Premium join:2003-04-03 Long Beach, CA kudos:1	yeah, right Do you really believe what these companies spew in their PR releases?
	to forum · permalink · 2008-07-30 11:55:21 ·
hobgoblin Sortof Agoblin Premium join:2001-11-25 Orchard Park, NY kudos:4	said by hopeflicker: Do you really believe what these companies spew in their PR releases? Yes I do mostly when it relates to figures. Hob -- "A foolish consistency is the hobgoblin of little minds." - Ralph Waldo Emerson
	to forum · permalink · 2008-07-30 12:01:37 ·

moonpuppy join:2000-08-21 Glen Burnie, MD	said by hobgoblin: said by hopeflicker: Do you really believe what these companies spew in their PR releases? Yes I do mostly when it relates to figures. Hob Figures don't lie but you can lie with figures.
	to forum · permalink · 2008-07-30 12:16:30 ·
openbox9 join:2004-01-26 Alexandria, VA kudos:2	reply to hopeflicker When it involves an earnings report and the SEC, yes!
	to forum · permalink · 2008-07-30 12:23:15 ·
BareSterns @comcast.net	reply to hopeflicker said by hopeflicker: Do you really believe what these companies spew in their PR releases? Trust us!
	to forum · permalink · 2008-07-30 21:32:07 ·
MrSpock29 join:2008-02-09 Hammonton, NJ	reply to openbox9 said by openbox9: When it involves an earnings report and the SEC, yes! the years are littered with examples of restatements, false statements, etc.
	to forum · permalink · 2008-07-31 02:41:00 ·
openbox9 join:2004-01-26 Alexandria, VA kudos:2	Ok, but I'll still trust earning reports regulated by the SEC more than random press releases and various other ramblings by many corporations and govt entities.
	to forum · permalink · 2008-07-31 05:45:28 ·
MrSpock29 join:2008-02-09 Hammonton, NJ	said by openbox9: Ok, but I'll still trust earning reports regulated by the SEC more than random press releases and various other ramblings by many corporations and govt entities. I've been in the business a long time, be wary of both. The SEC does not vouch for accuracy of earnings reports or press releases for that matter. Earnings reports are done by accountants, and there are more tricks in reports than most people realize. Over the years, how certain revenue is allowed to be recognized has changed, etc. Some accountants will show things one way, others another way. You have to go through those things very carefully. Also, any press release put out by a company is filed with the SEC also, as a Form 8k.
	to forum · permalink · 2008-07-31 06:09:35 ·
openbox9 join:2004-01-26 Alexandria, VA kudos:2	I'm very aware of SEC filings and various accounting measures and I'm still willing to put my money where my mouth is. You are correct about public companies' press releases and the SEC.
	to forum · permalink · 2008-07-31 06:17:40 ·

Comcast Beats Back Telcos In Q2 > yeah, right