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OmniVision Technologies, Inc. Message Board

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  • tinasbananaboard tinasbananaboard Mar 7, 2008 11:24 AM Flag

    Why hasn't the transcript been released?

    One week later Hong still refuses to release transcripts.

    Why Companies Scared of Transparency

    It’s NOT because investors don’t want them... It’s NOT because transcripts are expensive... It’s NOT because transcripts are ineffective... It’s NOT because accuracy is an issue... It’s NOT a legal issue... So why don’t companies post transcripts?

    It’s a transparency issue. Plain and simple. Companies don’t want to provide transcripts because they believe transcripts make management vulnerable to investor criticism... Companies that currently do provide transcripts of their conference calls and presentations demonstrate higher levels of accountability and openness....

    Investor relations officers can email Seeking Alpha to discuss publishing transcripts on their web site and on Seeking Alpha. Hopefully, that will lead to greater transparency from companies and better resources for investors.

    Omnivision has always done this in the past, but not this time.

    They must have decided only in good times not in bad.

    At 34 they had no problem telling the world about 2mp growth, vga declining, 34% margins, 300mm wafers, investment in Tessera(boy they don't want to talk about that now) and my favorite... We are on track to deliver the first sample of our first product incorporating wafer encoding technology in September.

    Two years later none of this is true!! I guess I would not want them released either.

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