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December 10, 2008

REMINDER: Forest City Enterprises Third-Quarter 2008 Earnings Conference Call

As Atlantic Yards Report blogger Norman Oder wrote yesterday:

The Plain Dealer pointed out that companies typically hold conference calls only for second- and fourth-quarter earnings reports.

So this one's special.

Here's the press release reminder from PR NewsWire:

CLEVELAND, Dec. 9 /PRNewswire-FirstCall/ -- Forest City Enterprises, Inc., (NYSE: FCEA and FCEB) has released its third-quarter 2008 financial results and will hold a conference call on Wednesday, December 10, 2008 at 11:00 a.m. ET to discuss these results. Investors are invited to dial into the conference call hosted by Charles A. Ratner, president and chief executive officer, or to listen to a live webcast of the call through www.forestcity.net .

The conference call is scheduled for 11:00 a.m. ET, Wednesday, December 10, 2008. To participate, dial 888-680-0865 using access code 53917944, approximately five minutes before the call. Tell the operator you wish to join the Forest City 3rd Quarter Earnings Conference Call. (International callers, please dial 617-213-4853)

A live webcast of the call will also be available online at www.forestcity.net .

Please use the following link to pre-register for this conference call. Callers who pre-register will be given a unique PIN to gain immediate access to the call and bypass the live operator. You may pre-register at any time, including up to and after the call start time.

To pre-register please go to: https://www.theconferencingservice.com/prereg/key.process?key=PTBD78GPL

The call will be replayed from December 10, 2008, 1:00 p.m. ET to January 10, 2009, 11:59 p.m. ET. The replay number is 888-286-8010, access code 53989009. (International callers, please dial 617-801-6888) The webcast replay will be available at www.forestcity.net.

Atlantic Yards Report, At today's conference call, will investment analysts finally ask FCE some tough questions about Atlantic Yards?

Since investors and watchdogs are being invited to LISTEN IN to the conference call, there will be no opportunity for Norman Oder to ask questions. But that didn't stop him from creating a crib sheet for analysts who can:

At the conference call and webcast today, perhaps the analysts will finally have done some homework. I've provided a cheat sheet below.

The questions range from the timeline of the project in general, to the timing of the disposition of lawsuits, to the ownership of the land, to the suspension of work and the need for additional subsidies.

Posted by lumi at December 10, 2008 5:39 AM