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keyletoday at 1:44 AM1 replyview on HN

This is bad. If they came out announcing this, without a long winded explanation and further details, it's because they're staring at a bottomless pit and they haven't put the lid on it yet.

For a Fortune 100, to go out of your way to spook investors is the least desirable approach.


Replies

elitoday at 1:57 AM

Letting people know promptly is also the right thing to do and probably mandated by (at least some) customer contracts. You can't tell just some people; it would leak anyway.