Aug. 9-15

<I>TSC</I> corrects its mistakes for the week.
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The Aug. 12 Under the Hood column,

Despite the Flow of Red Ink at Fund Firms, Think Twice Before Bailing Out, incorrectly reported that the average U.S. diversified fund returned 20% from July 16, 1998, through Aug. 6, 1999, according to

Morningstar

. In fact, that figure should be 4%. (

corrected Aug. 13

)

The Aug. 13 Stock Strategies column,

Daytraders or Daydreamers? Separating the Successful From the Wannabes, misstated the name of a daytrading book co-written by Marc Friedfertig. The correct title is

The Electronic Day Trader

. (

corrected Aug. 13

)

An Aug. 12 story,

Making Room for Data Gen Is Daunting Task for Storage Giant EMC, incorrectly referred to Mark Fredrickson as

EMC's

(EMC:NYSE) vice president of marketing. In fact, his title is director of global public relations. (

corrected Aug. 12

)

The Aug. 11 Evening Update,

Iridium Defaults on $1.5 Billion in Loans; Several IPOs Are Postponed, incorrectly said

Iridium

(IRID:Nasdaq) has a $90 billion interest payment coming due Sunday. The payment is $90 million. (

corrected Aug. 12

)

The Aug. 10 TaskMaster column,

Bully for What?, incorrectly referred to

Tiger Management

analyst Paul Brooke as Phil Brooke. (

corrected Aug. 11

)

A table in the Aug. 10 Evening Update,

Cisco Rises After Hours; Blockbuster IPO Priced Below-Range, incorrectly said

U.S. Concrete

(RMIX:Nasdaq) reported second-quarter earnings of 8 cents a share vs. the consensus estimate of 28 cents. The company's adjusted pro-forma net income was 27 cents a share. (

corrected Aug. 11

)