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Chapter 6. Growing Mushrooms: The Art of... > Red Flag 16: When a Company Doesn’t ...

Red Flag 16: When a Company Doesn’t Hold Conference Calls

This may indicate a lack of openness. Most companies hold conference calls at which analysts and investors have the chance to ask questions about quarterly results. One hold-out from this practice is drugs company Schering-Plough, which produces “listen-only” calls, meaning no questions are allowed. Wal-Mart also does the same sometimes. Usually, its conference call consists of little more than a reading of the press statement and a few more comments.


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