Based upon companies May earnings announcement, there was no indication that this level of slowdown was going to occur. In fact they talked as if accelerated earnings and sales should be expected the rest of 2004 when they knew in fact that engine sales had slowed significantly from the first quarter. I believed they PUBLISHED comments and got SCREWED BIG TIME. Count me in on a LAW SUIT--F-ing liars.
Disclaimers would cover market trends after the comments--I'm saying in May, they already knew slow down waas occurring, and should have been issuing a profit warning. Also, they could have commented in June, reverseing their hefty comments from May. But they chose to keep all information of a slow down to themselves. Full disclosure of known facts in May are not considered "forward looking statements". I say they owe me!!!