Hugh Massie in his Chairman address in BIG also said they are being conservative in their revenue recognition (now we know their cash revenues include prepayments), as GSW said the same about not announcing based on MoU ; if it is, you don't really need to say it. That said, I don't think it is all calamity, just that they are not as Big (punt intended) as many would like to believe (and yes the diehards will probably still ). Whatever the case may be, risk management is warranted (that's why I suggested looking closely at BIG's price action over past trading days).
BUD Price at posting:
21.5¢ Sentiment: None Disclosure: Not Held
