I hate to be the naysayer but.....
posted on
Nov 06, 2007 12:52PM
I don't like that one day PTSC announces a webcast, and then hours later cancels it without explanation. Smacks of unprofessionalism and poor coordination and management in my opinion.
It has happened to me before on another comapany and turned out to be a terrible outcome. That company turned out to be truly criminal in its management and I don't suspect that here in the least, BUT, in these times, when it seems that PTSC should be managing information VERY carefully so as not to disrupt any potential settlement talks (if in fact there are any) and/or give the defendants any measure of negotiating strength, I think if Turley has plans to do something and makes a point of announcing it, he better follow thru with it or explain clearly and succintly why he can't. If for some reason he's in a position where he can't disclose the reason for cancellation, he really NEVER was in a position where he should have scheduled something so publicly.
I can't tell you how much I hope to be proven wrong, but I don't like such an abrupt about face when clearly something seems to be brewing.