Accentuating the caveat emptor perspective with critical commentary on financial disclosure. I adopt a skeptical persona and look for chinks in the teflon coating of financial disclosure. My job is to identify financial warts. Perhaps a Black Swan. Disclosure: I do not hold positions in stocks mentioned for three trading days before or after blog post.
Friday, November 20, 2009
Dell Investors Relations By Lawsuit
Dell (DELL) unloads poor results on its investors and watches as 10% of its value disappears. No significant comment from management they just put the numbers out there and watched the slaughter. All this in the context of buying EDS which supposedly is a game changer. No leadership in communications. Then again when you have so many snakes jumping out the lawyers will say the less you say the better. The more you say the more attack angles for lawyers. Investors may have to demand investor relations by lawsuit.