Feb 17, 2008

Earnings Conference Call Mayhem

Some dork is joining the earnings calls of big public companies, like Coca-Cola and Rubbermaid, and asking stupid questions cloaked in analyst-speak:
"Can you provide some more color as to what you are doing for your supply chain initiatives to reduce manufacturing costs per hectoliter, as you originally promised $150 million in synergy or savings to decrease working capital?"
The legitimate analysts claim the guy's questions are off the mark because they sound more like 'consultant-speak.' I didn't know there's a difference.

Like everyone who's had to suffer through more than about two of these calls for the sake of research, I thought it was funny to do the same thing, but I never went through the trouble of actually calling. That's like pointing and laughing at an AA meeting. Going foward, this won't happen again.

No comments: