"They were always optimistic about all their projections, painting a rosy picture, then the bottom fell out."

What the President says about his own actions in the past or his own projections for the future no longer has much relevance.

Calculating things himself, Mr. Parrott said he had no qualms about the mayor's projections.

That history makes analysts and investors just a mite nervous about this year's projections.

The stock then slumped to end the day down $2.375, to $71.625, as investors worried about the company's cautious projections for growth.

They're also about audiences' projections on a stranger.

So, they suggest, companies should produce much more information about their projections for the future.

Carleton S. Fiorina, the company's chairman and chief executive, said the company was "more cautious" about its projections for its fiscal third quarter.

"Management could be wrong about their projections but there is no penalty for potentially blowing smoke."

Several Democratic legislators also raised questions about the administration's projections for attendance and revenue.