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TELESTA THERAPEUTICS INC T.TST

"Telesta Therapeutics Inc is a biopharmaceutical company. The Company is engaged in the research, development, manufacturing and commercialization of human health products and technologies."


TSX:TST - Post by User

Bullboard Posts
Comment by logical1234on Feb 04, 2006 10:41am
120 Views
Post# 10311590

RE: BNC and Missed Deadlines

RE: BNC and Missed DeadlinesIn business, almost any date is plus or minus a few days. (Or a few weeks depending on the size of the work to be completed.) Everything always takes a bit longer than people estimate. Usually people estimate the best possible case, which almost never happens. Especially managers, who are naturally optimistic. If you want a good estimate, hire a pessimist, and you might even get it earlier than the date. However, pessimists are out-of-favor at companies because they are perceived as downers and doubters. Similarly costs are almost always underestimated, even after decades of modern business practice.
Bullboard Posts