Feb. 1-7
A Feb. 2
story on
AstroPower
(APWR)
gave an incorrect comparison for the company's revenue and earnings for the first nine months of 1998. Revenue was $16.5 million for the nine months ended Sept. 30, up from $3.8 million for the comparable period in 1993. Net income rose to $912,000, up from $162,000 in the first nine months of 1993.
In addition, the story gave an incorrect date for AstroPower's IPO. The company came public in February 1998, not February 1997. (
corrected Feb. 5
)
A Feb. 2
story on managing employee stock options said the
Internal Revenue Service
requires that your current withholding cover 90% of this year's or 100% of last year's tax obligation. It should have said that for 1999, taxpayers with 1998 adjusted gross incomes over $150,000 (over $75,000 if married, filing separately) must pay either 90% of their 1999 tax or 105% of their 1998 tax. (
corrected Feb. 4
)
A Feb. 3 story,
It's Getting Harder to Beat the Benchmarks Without Net Stocks, misstated the total assets of the
(SRPEX)
Stein Roe Growth & Income fund. The fund has $420 million in assets, not $42 million. (
corrected Feb. 4
)
A Feb. 3
Tech Stock Update incorrectly said that
CNet
(CNET) - Get Report
would report quarterly earnings on Tuesday, Feb. 9. CNet will report earnings Wednesday, Feb. 10. (
corrected Feb. 4
)
Jim Seymour's Feb. 1 column,
Tech Savvy: Enter Cable Telephony, Stage Left, Right and Center, mistakenly referred to
Sprint PCS Group
(PCS)
instead of
Sprint Corp.
. (
corrected Feb. 3
)
The Feb. 3
Market Roundup incorrectly said
3Com
(COMS)
stock declined in part on concerns about the company's scheduled postclose earnings announcement. 3Com reported second-quarter earnings Dec. 22 and has no imminent earnings release scheduled. (
corrected Feb. 3
)
A Feb. 1 story,
Going to the Horsewhip at Polo Ralph Lauren, incorrectly indicated that
Morgan Stanley
led Polo's 1997 initial public offering. In fact,
Goldman Sachs
led the offering. (
corrected Feb. 3
)
Jeff Bronchick's Feb. 2 column,
Say Goodbye to Managed Earnings, incorrectly listed ADP as the stock symbol for
Automatic Data Processing
. The company's correct stock symbol is AUD.
(corrected Feb. 3)
A Feb. 2 piece,
Fraga Enters the Fray in Brazil, misstated the name of the former president of Brazil's central bank. He is Francisco, not Fernando, "Chico" Lopes. (
corrected Feb. 2
)
Jim Seymour's Jan. 31 column,
The Decapitalization of America, misstated the percentage decline in cash on
Time Warner's
(TWX)
balance sheet. Cash in the latest quarter actually fell 48% to $393 million, not 94% as originally stated. (
corrected Feb. 2
)
Saturday's
Tax Forum reported incorrectly that if you placed a winning bet on the Super Bowl in Las Vegas, you would receive a tax Form W2-G. In fact, you won't receive a form. But you still must report your winnings on your income tax return. (
corrected Feb. 1
)
The Midday Movers section of the Jan. 29
Midday Musings incorrectly said
LSI Logic
(LSI) - Get Report
was up 6 3/16, or 19.2%, to 38 9/16. The stock never saw a greater increase than 3 1/4 to 28 that day. (
corrected Feb. 1
)
The Feb. 1 Herb on TheStreet,
Will Family Golf Centers Dig Itself Into a Sand Trap?, misstated the net asset value of a closed-end healthcare fund known as
H&Q Life Sciences Investors
(HQL) - Get Report
. Its net asset value is around $16.55 a share vs. a stock price of 12 5/8. (As originally published, the story attributed those figures to another fund,
H&Q Healthcare
(HQH) - Get Report
.)
The same article mistakenly reported that the author attempted to buy a coffee maker Jan. 30. He tried to buy the appliance Dec. 30. (
corrected Feb. 1
)
The Jan. 31 Marrin's Chronicles,
Deception at the Altar, misstated the name of the company that joined with
CUC International
to form
Cendant
(CD)
. It was
HFS
, not HSC. (
corrected Feb. 1
)
