management is using such conservative numbers?

Is it the typical sanbagging of numbers?

"Management's assumptions regarding the full year 2009 average exchange rates used in preparing this guidance have decreased from 3.20-3.30 PLN/USD to 3.10-3.20 PLN/USD and from 32.00-33.00 RUR/USD to 31.50-32.50 RUR/USD"

PLN to the USD has moved from 3.25 ( early june 2009 ) to now a exchange of 2.78 today

Russian Ruble is 28.98 rubles to the dollar

Anyway, Q4 results, sometime in February if history in any indication, should be a nice surprise if the dollar continues to stay weak or weaken even more.

http://finance.yahoo.com/news/Central-Eu...