Have you ever read a corporation's quarterly earnings report that stated, "We had a terrible first three months. Prospects for our Company are turn- ing down due to inefficiencies in the home office. Our competition just came out with a better product, which will adversely affect our sales. Furthermore, we are losing our shirt on the new midwestern Operation, which was a real blunder on management's part."
No! Here's what you see：
"Greatshakes Corporation reports record sales of $7.2 million versus $6 million (+ 20%) for the quarter ended March
31." If you own their stock, this is wonderful news. You certainly are not going to be disappointed. You think this is a fine Company (otherwise you wouldn't own its stock), and the report confirms your thinking.
