Financial analysts have a language type all of their own, generating phrases that no ordinary human would attempt. Not to be left out, corporate executives join right in.
Here are a few select phrases from Autodesk's conference call of last week:
Horacio: In terms of linearity, your transactional linearity in the quarter, or month to month, are you still seeing sort of an on and off strength, or is it pretty building consistently?
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Carl Bass: I think the other dynamic that we have seen that has helped us is generally speaking...
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Steve Ashley: You’ve talked about the business being reset. Is that an expense level that you are comfortable with going forward?
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Carl Bass: ...I think that’s all caveated by the fact of whether or not where we really are in this economic recovery.
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Sterling Aut: I thought I would reload -- Carl, you answered this but I wanted to ask it this way -- again, looking at a lot of the language that you talked about in terms of the business feels better than it did at the end of last year, beginning of this year -- and some of the other terms that you used, if that’s the case, why is the midpoint of the guidance range for next quarter actually showing a sequential decline?
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Michael Olson: Sorry about the background noise here. So again, just beating a dead horse on the OpEx [operating expenses], you know...
Source.
Ralph, thanks for calling out this widespread use of nonsensical lingo. Where do these people learn to speak English? When did asking simple, plain language questions go out of style? I think the analysts use these words to appear to be more sophisticated than the number crunching paper-pushers that they truly are.
Posted by: Clear The Air | Aug 17, 2009 at 07:36 AM