YES - The sky is falling

This could not happen to better group of people - those that manage this organization. I feel sorry for the salesforce but the leaders of this company make the obama administration appear effective.

Oct 16 (Reuters) - Forest Laboratories Inc, which is battling generic threats to its antidepressant Lexapro, reported a 91 percent drop in quarterly earnings, and forecast 2013 results below analysts' estimates.

The company said it expects adjusted earnings per share of 45 cents to 60 cents for the year ending March 31. Analysts expected earnings of 66 cents per share, according to Thomson Reuters I/B/E/S.

Forest's second-quarter net income fell to $20.8 million, or 8 cents per share, from $249.8 million, or 91 cents per share, a year earlier

$249.8 MILLION TO 20.8 MILLION - THIS IS BAD!

Team: I think we need to have a conference call tomorrow morning. Everything is fine, keep marketing your products... as long as patients can breathe and poop they will be fine. Elaine cleared up everything on Wallstreet today, they have no further questions. Get some sleep and we will talk tomorrow.

 

Yes, it is happening. Thanks for the post, very true and accurate. But we will be pumping it up at the launch! Hahaha... Company treats people like shit, can't wait until the management idiots start getting some of there own medicine.

 

I am praying for a severance package. Winner winner chicken dinner