2006-12-18 09:41:44 · 2 answers · asked by shahar a 1 in Business & Finance ➔ Investing
When a company is offering securities (stock or debt), they make presentations to potential investors. The company's officers -- the CEO and often the CFO -- do the presentations, accompanied by their investment bankers (the underwriters for the sale of the securities).
Road shows are normally used for heavy-hitters...often institutions who can make a big investment.
The presentations consist of describing the company's current innovating strategies, their strategic plan for the future, and financial analysis of the future of the company. The underwriters will hand out a preliminary prospectus (disclosure document).
Check everything you hear in the audio-visual presentation against the disclosures in the preliminary prospectus. If there is a conflict between the two, believe the prospectus. It is drafted by lawyers. The company's lawyers are very rarely allowed to attend a road show presentation, because companies tend to take some liberties that their lawyers would not allow (for fear the company is violating the securities laws).
2006-12-18 10:07:23 · answer #1 · answered by chapelheel66 2 · 1⤊ 0⤋
It's when a company is traveling around and giving presnetations on the firm, the funds, and services they offer. Some of them are pretty good, and most offer free food, and company swag.
2006-12-18 17:56:30 · answer #2 · answered by knihelpu 4 · 0⤊ 0⤋