Thursday, March 8, 2007

Future Not Looking Bright...


CEOs are getting a little rash with their expletives these days. This is hilarious! Nice choice of words.

From Bloomberg

D.R. Horton erased its gain to end 1 cent lower at $24.55. Tomnitz said closings will likely drop below last year's 53,000. Closings are the final sale of a home. ``I don't want to be too sophisticated here, but 2007 is going to suck, all 12 months of the calendar year,'' D.R. Horton Chief Executive Officer Donald Tomnitz said at a Citigroup Inc. conference in New York. ``Our future is not as bright as what we would like it to be.''

``It was very odd that a CEO would use a term like that,'' said Joseph Saluzzi, co-founder of Themis Trading LLC in Chatham, New Jersey. ``Maybe they've got some issues over there.''

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