Indian Education: Actually Terrible !!! 1781

To your parenthetical, true, but no one gives a rat's butt about any projection you or I may do, while a projection done by an analyst of a major investment house will affect the market. Yes, in the sense that if an analyst is consistently projecting 10% growth and the company's profits consistently grow at 5%, the market will start to ignore that analyst's work. Almost never, unless in response to a shareholder proposal. If discussed at all, it would be in a conference call with analysts. Most such issues are not significant enough to get attention of analysts. But take a very labor intensive industry like the airlines, and analysts will be asking questions about comp issues.

True of first-line supervision, and largely up through middle management, i.e., tactical management. But management is also about strategic direction.

Snipped only because I like to quote only that portion of a message to which I am replying, figuring that others can read the original message.

I had no disagreement with, or at least felt no compulsion to comment on, the parts of you message that I did not quote. -- Alex -- Replace "nospam" with "mail" to reply by email. Checked infrequently.