Winds of change…

October 30, 2003

Though the number is still small, there’s a growing number of companies out there that are releasing their earnings on the same day that they file their 10-Qs, even though they don’t have to. That’s great news for average investors because it means we have access to the real information instead of the PR-spin that some companies try to put out in their earnings press releases. Dow component Boeing (BA) released both yesterday. Under current SEC rules, they weren’t required to file their Q until mid-November. Other conscientious companies include Boston Beer (SAM) , Phelps Dodge (PD) , and Oxford Health (OHP) . Informed investors can only hope that more companies start following this trend.

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