In message
Arthur Figgis wrote:

On 23/11/2010 23:17, Mizter T wrote:

On Nov 23, 10:52 pm, Arthur
wrote:

On 23/11/2010 13:35, Graham Harrison wrote:

This is true. Let's face it when some of us were younger we just headed
off and hoped. On the other hand we are where we are. Look at what
happened to Rolls Royce recently, the Trent on the Qantas Airbus blows.
RR put their head down to identify the problem and say nothing in the
meantime. What happens? Armchair experts and "the markets" all panic and
the share price drops. That's just an example of how we all react these
days. Bottom line seems to be that these days we assume no news is BAD
news.

And it often is.

Is it? (Not a cryptic question - but I'm probably just being dense and
missing your nuanced point.)

How often does someone announce bad news if they don't have to?


They usually wait until someone blows up New York before announcing it.

--
Graeme Wall

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