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Eventually, in Mr. Piramal's perhaps overly optimistic forecast, only the very first and very last steps of the business — molecular drug discovery and marketing — will be run by the West's global drug giants.
If Vale somehow end up in League One next season Adams's stunt will be seen as having paid off but, from the outside, that looks an overly optimistic forecast.
Offering what outside experts described as an overly optimistic forecast, Michael D. West of Advanced Cell Technology told a Senate subcommittee that within the next six months he expected his company's scientists to extract stem cells from cloned human embryos and use them to create specialized cells, like heart muscle, skin cells or neurons.
Weiss promoted the legal doctrine of "fraud on the market," which argues that investors are defrauded by any false or overly optimistic forecast by a company.
An overly optimistic forecast (intentionally or not) means resources may get added that aren't needed, decisions may be made that aren't based on reality, and of course, revenue numbers are missed – a painful occurrence that the entire company feels.
For many on the pension committee, though, the fact that CalPERS continues to assume a 7.5% discount rate is a major sticking point in a system they allege has an overly optimistic forecast.
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The bigger picture, though, is that the fiscal forecasts are predicated on overly optimistic forecasts for economic growth.
He added: "The bigger picture, though, is that the fiscal forecasts are predicated on overly optimistic forecasts for economic growth.
Many companies, of course, try to defuse overly optimistic forecasts to manage investors' expectations and deliver "better-than-expected" results.
So why is the dismal science suddenly guilty of issuing overly optimistic forecasts that set the whole world up for disappointment?
Worse, this is based on what could well turn out to be overly optimistic forecasts of economic growth.At one time, it had looked as if the government was preparing the ground for serious budgetary tightening.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com