While the focus on quarterly earnings still exists, I think the pendulum is slowly swinging back to a slightly longer term view. Numerous companies have over the last year or two come out against providing quarterly earnings guidance and this, I think, offers the best hope that decision making moves towards the longer-term.
That said, if your income depends to a significant extent on what your options are doing, and the analysts are driving your share price based on quarterly results, change is unlikely to happen overnight...
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Date: 2006-04-14 12:29 am (UTC)That said, if your income depends to a significant extent on what your options are doing, and the analysts are driving your share price based on quarterly results, change is unlikely to happen overnight...