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The new "quiet period".

Publication: San Diego Business Journal
Publication Date: 29-OCT-07
Format: Online
Delivery: Immediate Online Access
Full Article Title: The new "quiet period".(risk & rewards)

Article Excerpt
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"Once," says Goodwin Procter corporate partner John Egan, "senior public company executives would 'whisper numbers' to select analysts and institutional investors in relative security. By 'guiding' analyst interpretation of earnings models, management could encourage analyst coverage." Such private conversations and "market conditioning" withered away under new federal regulations and the scrutiny fathered by the Enron era. Now, when issuing earnings guidance and conducting road shows--either via the traditional method or...

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