TSC Staff
A Sept. 15 column, Power Plays: Independent Producers Fueled by Surging Energy Demand, failed to note that Northern States Power had merged with another utility to form Xcel (XEL:NYSE). (corrected Sept. 15)
The Aug. 31 Options Buzz, Financial Firms' Options Belie Takeover Frenzy, incorrectly reported Mr. Stock's new commission rates included 12.5 cents per excess share charge. In fact, it should have been .125 cents per excess share. (corrected Sept. 15)
A Sept. 11 story, Hard-Hit Net Ad Stocks Rise Monday, incorrectly reported that L90 (LNTY:Nasdaq) said it is serving more than 100 billion Internet advertisements a day. In fact, the company said it is serving more than 100 million Internet ads per day. (corrected Sept. 15)
An Aug. 31 column, REITs a Treat for Insiders, misidentified a 1993 seller of CarrAmerica (CRE:NYSE) shares as current Chairman Thomas Carr. The seller was actually former Chairman Oliver Carr Jr. (corrected Sept. 15)
The Sept. 14 Options Buzz, Put Buying Could Be Signaling a Rally, incorrectly reported Wednesday's closing put/call ratio as 0.46. In fact, it was 0.58. (corrected Sept. 14)
Clarification: A Sept. 13 story, AT&T Exec Sees Data-Networking Spending 'Leveling Off', reported a pullback in 2001 data-network equipment spending at AT&T (T:NYSE). The company, which hasn't formulated numbers for 2001, prefers to characterize 2001 data-network equipment spending as "leveling off." (clarified Sept. 14)
A Sept. 13 story, Rambus Jumps On Licensing Deal With NEC, incorrectly reported that Rambus (RMBS:Nasdaq) sued both Hitachi (HIT:NYSE ADR) and Toshiba, which later signed patent agreements with the chip designer. In fact, Toshiba negotiated such an agreement without either party filing a lawsuit.(corrected Sept. 13)
A Sept. 11 story, Blodget Lowers Amazon Earnings Estimates , mistakenly reported that Merrill Lynch analyst Henry Blodget narrowed his 2000 loss-per-share estimate on Amazon.com (AMZN:Nasdaq) to $1.23 from $1.27. In fact, the analyst Monday widened his 2000 loss estimate to $1.27 a share, from $1.23. (corrected Sept. 11)
A Sept. 8 story, Goldman Reportedly Pursuing Purchase of Spear Leeds Kellogg, mistakenly attributed to Goldman Sachs analyst Mark Constant a remark about Wall Street firms' views on executing trades. The comment should read as follows and shouldn't be attributed:
An Aug. 28 story, Amerindo Adds Some Bio- to Tech Holdings, incorrectly reported that the Amerindo Technology fund (ATCHX) was down 32.6% for the year. In fact, it was down 18.5%. (corrected Sept. 14)
The Aug. 11 Stock Strategies column, Keeping Score on Insiders'Trading Success, incorrectly reported that Applied Analytical Industries (AAII:Nasdaq) had recently missed analysts' earnings estimates. In fact, for the company's June quarter, earnings handily beat expectations. (corrected Sept. 15)
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