arsenic - it would be a mistake to confuse what management says in company presentations with 'fact'.
As the Intelligent Investor describes their services in a recent article:
"In layman’s terms, the company uses intelligence techniques to analyse the corporate guff gushing from the mouths of management and company investor and public relations departments. Clearly they have plenty of material to work with"
http://www.intelligentinvestor.com.au/2010/08/how-to-avoid-being-hoodwinked-by-corporate-spin/
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