Sometimes they work and sometimes they don't. However if you would have listened
to APC's conference call on September 9th the company gave enough hints the
Venus well was a discovery and the stock over that time frame was up about 10
points over a weeks time.

peter just wants someone to do the work for him....(just kidding). some ceo's
give hints as to the direction of their stock (if they've been the ceo for a
long time), some cc's give you the direction of the industry. only by listning
to several cc's in the same industry can you form a conclusion. but if your only
into repetative emotional trading (technicals).....news doesn't come into play.
you need both fundies and techies to be really good. only one to be lucky.

i see no one particularly taking on Peters challenge.

CC's have intellectual value, and if you need such things i could see it helping
someone.

the direct connection to wealth building is sorely lacking though

Listening to conference calls is time consuming.Skimming over the transcripts
occasionally is okay if questions arise.Most of them sound the same with limited
trading value gained.

i disagree with that ,i have saved myself money before by listening to CC. rimm
is a great example ,by listening to the CC and not likeing what i heard at all i
was able to sell in the after hours at 131 makeing a nice profit in 3 months,and
it was all down hill from there for rimm. u should not base trades on CC alone
,but its the best way to gain info on a company

Peter, I have a slightly different approach. I sometimes listen to the CC, if
my impression after reading the transcript does not correlate with stock
movement. Yes, I have made money from it. Buying a post-cc brutal sell off in
an issue, essentially going against the grain, has worked for me. But only when
I was convinced (like so convinced I would bet my internal organs on it) the
recent downtrend is from misinformation and not reality. But I am not arguing
that you are wrong at all. Only pointing out that it has it's place and in some
uncommon circumstances can be very profitable.

If its a long term holding , I'll speed read the parts that are imformative.
Listen to them? LOL.. Only if your blind or illiterate.

I have to agree with Peter. I did try to listen to a few in the past, but it is
torturous to get through. If you do insist on listening just skip to the
question section & if mgmnt sounds like their skating around key issues, sell
their stock.

leaves me out, cause i dont listen to cc's they are a waste of time. listen to
a bunch of bull artists to try and make an analyst think that everything is o.k.
when 10 days later its not.