March 2005
A March 31 James Altucher column, 'Search, Hot' Query Yields Two Results misstated CGI Holding's (THK:Amex) change in net income in the nine months ending Sept. 30, 2004. Net income went to $2.2 million from $277,000; it was inverted as originally published. TheStreet.com regrets the error. ( Corrected March 31)
A March 29 story,
Nanotech: Dissecting What It Is, and Isn't misstated the origin of the term nanotechnology. The term was first published by Norio Taniguchi in 1974, a professor at Tokyo Science University. It was later popularized by Eric Drexler.
TheStreet.com
regrets the error. (
Corrected March 30
)
A March 22 story,
IBM Hones Blade Server Plans, incorrectly stated that
IBM
(IBM:NYSE) currently makes blades only with
Intel's
(INTC:Nasdaq) Xeon processors. IBM makes blade servers using its own Power processors, as well as Intel's Xeon processors.
TheStreet.com
regrets the error. (
Corrected March 24
)
A March 23 item,
Early Stocks in Motion, incorrectly reported that
Oracle's
(ORCL:Nasdaq) third-quarter revenue was about $140 million short of analysts' forecasts. In fact, adding back a pro forma adjustment related to PeopleSoft's sales that was incorporated in analysts' estimates, Oracle's third-quarter revenue was $3.09 billion, slightly higher than expected.
TheStreet.com
regrets the error. (
Corrected March 23.
)
A March 21 column by Dan Fitzpatrick,
Nasdaq May Be the Factor That Matters, incorrectly indicated that
Dell
(DELL:Nasdaq) shares would reach $43 before they hit $44. Fitzpatrick intended to emphasize the $33 level.
TheStreet.com
regrets the error.
(Corrected March 21)
A March 21 post by Norm Conley to Ask Our Pros,
What Worked in the 1970s, incorrectly stated that energy stocks peaked at 30% of the
S&P 500
in late 2000. In fact, the year in which they peaked was 1980.
TheStreet.com
regrets the error.
(Corrected March 21)
A March 16 column by Cody Willard,
Tech Stocks Yield a Pained Disinterest, incorrectly stated that
Cisco's
(CSCO:Nasdaq) price-to-earnings ratio, when calculated excluding cash, was 14. In fact, Cisco's P/E of 14 is calculated including the cash on its balance sheet.
TheStreet.com
regrets the error.
(Corrected March 18)
A March 18 post by Howard Simons in Ask Our Pros,
Collectibles in IRA?, incorrectly stated that real estate cannot be held in an IRA. In fact, title to real estate and investments in trust deeds can be held in a
self-directed
IRA.
TheStreet.com
regrets the error.
(Corrected March 18)
A March 16 Cody Willard column,
AOL Pitches Strong Ad Business, incorrectly stated that AOL expects to exceed the industry average of 20% to 25% growth in online advertising, based on comments by vice chairman Ted Leonsis. In a clarifying press release on March 15, the company actually said it expects to match the industry's average growth. TheStreet.com regrets the error.
TheStreet.com
regrets the error.
(Corrected March 17)
A March 9 story,
Oil Prices Test Record High, incorrectly said that the April crude contract settled 14 cents lower at $54.45 in Nymex trading Wednesday. In fact, the contract rose 18 cents to $54.77.
TheStreet.com
regrets the error.
(Corrected March 9)
A March 9 column,
Star Gas Saga Takes Star Turn, misstated the location of Third Point LLC. The firm is based in New York.
TheStreet.com
regrets the error.
(Corrected March 9)
A March 7 story,
Israeli Stocks Dig Peace, mistakenly failed to note two mutual funds tracking the region. They are the open-ended
Amdex35 Israel
fund and the closed-end
First Israel
(ISL:NYSE) fund.
TheStreet.com
regrets the error.
(Corrected March 9)
A March 7 story,
One Stock to Buy, One to Shun, incorrectly stated that
Krispy Kreme
(KKD:NYSE) has long-term debt of $50 million; in fact, it's $133.63 million.
TheStreet.com
regrets the error.
(Corrected March 8)
In a Feb. 24 column,
Branding to Anonymity, Jon Markman mistakenly referred to the business consulting firm Trendwatching as Trendspotting, and said that the firm is based in Paris. It is based in Amsterdam.
TheStreet.com
regrets the errors.
(Corrected March 3)
Due to an editing error, a March 3 post to Ask Our Pros by James J. Cramer,
Lucent Warrants 'Recycled'?, mistakenly indicated Cramer was not long
Lucent
(LU:NYSE) at the time of publication. He did have a long position in Lucent when the item was published.
TheStreet.com
regrets the error.
(Corrected March 3)