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Hasbro CEO: "D&D is Really on a Tear"
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<blockquote data-quote="Mistwell" data-source="post: 7668656" data-attributes="member: 2525"><p>Again, you're coming at this from a layman's perspective, and I am coming at it from the perspective of an in-house council for a public corporation that did these calls (which I was). It doesn't matter what they might not do - the assumptions are in place, put there by law and the threat of lawsuits, that you must do things a certain way. You can't guess what people might do - you assume they will take anything you say the worst possible way, and so you simply can't say anything that can be misconstrued different than reality. So yes you keep it vague - but you don't say it at all if it's not a material change in revenue for the overall company. Period. It's not based on internal projections - unless you make those projections public knowledge. It must be based on a general accounting criteria, and in this case it's just that it must be a materially important change for the positive in overall Hasbro revenue - NOT a projection, unless you mention it's based on a projection (which he does not). If you beat projections, you have to say you beat projections, and you have to have previously mentioned what the projection is so people can see you beat it. There are rules to these things. Rules way more complicated than D&D rules.</p><p></p><p></p><p></p><p>No, they cannot - unless they made those projections public which they did not (or in the very least they'd have to say "based on our projections" - it cannot be implied). Seriously, if you don't know the rules involved with these things, don't guess at them. They are way too complicated for you to guess at them and assume your guess is right.</p><p></p><p></p><p></p><p>Ah, so that is what this is about, you don't want to admit the business plan might be working? Why, because you said something in the past about it, or because you don't like the edition, or because you want them doing something else? Why is that idea something that seems to bother you?</p></blockquote><p></p>
[QUOTE="Mistwell, post: 7668656, member: 2525"] Again, you're coming at this from a layman's perspective, and I am coming at it from the perspective of an in-house council for a public corporation that did these calls (which I was). It doesn't matter what they might not do - the assumptions are in place, put there by law and the threat of lawsuits, that you must do things a certain way. You can't guess what people might do - you assume they will take anything you say the worst possible way, and so you simply can't say anything that can be misconstrued different than reality. So yes you keep it vague - but you don't say it at all if it's not a material change in revenue for the overall company. Period. It's not based on internal projections - unless you make those projections public knowledge. It must be based on a general accounting criteria, and in this case it's just that it must be a materially important change for the positive in overall Hasbro revenue - NOT a projection, unless you mention it's based on a projection (which he does not). If you beat projections, you have to say you beat projections, and you have to have previously mentioned what the projection is so people can see you beat it. There are rules to these things. Rules way more complicated than D&D rules. No, they cannot - unless they made those projections public which they did not (or in the very least they'd have to say "based on our projections" - it cannot be implied). Seriously, if you don't know the rules involved with these things, don't guess at them. They are way too complicated for you to guess at them and assume your guess is right. Ah, so that is what this is about, you don't want to admit the business plan might be working? Why, because you said something in the past about it, or because you don't like the edition, or because you want them doing something else? Why is that idea something that seems to bother you? [/QUOTE]
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