61. They made their forecasts after Polaroid said in October that it planned to spend more money to promote the new cameras. 62. These forecasts are made a time when several chip makers have announced major investment programs. 63. These proposals would omit the requirement that forecasts be made in good faith or with a reasonable basis for thinking they are true. 64. They declined to make any forecast of how far revenues would fall in the coming quarters. 65. This, he hopes, will lead to methods by which forecasts can be made regarding changes in the ozone layer. 66. Traders and marketers have a vested interest in making optimistic forecasts because their bonuses are based on the income they generate for the company. 67. Yet because we are human and crave certainty in the face of uncertainty, we keep making forecasts. 68. BANK Negara will, from April, establish a new liquidity support facility and make forecasts on cashflows to enable banking institutions to better manage their liquidity situation. 69. But analysts expect an upward revision when a new forecast is made later this month. 70. But investors were also cautious because few companies have been able to make optimistic forecasts for future quarters and the remainder of the year. |