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Cal-Maine Foods, Inc. Message Board

  • georgespelvin@rocketmail.com georgespelvin Jul 28, 2008 1:51 PM Flag

    Forbes

    Melinda Peer started the mini rout by putting up on Forbes a headline about feed costs eating into profits and then mentioning two compnaies. The first is Tyson which lost money and the next is CALM which doubled its profits. So she put CALM second, after the detail that justified the headline but in a story about companies that are suffering from feed costs when in fact CALM is not suffering from feed costs but rather profiting from higher feed costs.

    This is simple dishonesty. Not the kind you go to jail for (in this country you have to prove that you intended to do harm).

    If you move the whole discussion to that of a gun in a crowded school you have to prove that you knew you would cause harm if you shot your Ouzi in a school cafeteria while blindfolded.

    Of course nobody has a problem with that. We all agree that person should wind up in the cooler for life.

    But if a nice little blonde reporter from Forbes write a piece about companies losing money and happens to include CALM second with merely a phrase that it doubled its profits the only thing people see are the headline and the ticker symbol.

    Lyndon Johnson once told his press aid to let leak that an adversary of his in Congress was a homosexual. The aide said, "But Mr. Johnson, So and So is NOT a homosexual." Johnson said, "I know that. But let him deny it for two weeks."

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CALM
73.50-2.47(-3.25%)Jul 30 4:00 PMEDT

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