May 29-June 4

Publish date:

A June 2 column,

Are Health Care REITS on the Mend?, incorrectly said every 100 basis-point increase in interest rates would translate to an additional interest rate expense of $5 billion for


(MT:NYSE). In fact, it would raise the company's interest rate expense by $5 million.

(corrected June 2.)

A May 29 story,

Old World Barn: Cisco Gets Set to Open Manufacturing Plant, incorrectly referred to the

Financial Accounting Standards Board

as the Federal Accounting Standards Board. (

corrected May 31


A headline on a May 30 market report incorrectly said that the


254.3 point gain was the largest point gain ever. In fact, it was the second-largest point gain ever. (

corrected May 30


The May 26 Stock Strategies column,

Dot-Coms With a Well-Heeled Big Brother More Likely to Weather the Storm, incorrectly stated that


(ELNK:Nasdaq) bought


. In fact, the two companies merged. (

corrected May 30


The May 5 Tish on Tech column,

Princely Deals With AOL Turn Into Cash-Draining Curse, reported that


(TURF:Nasdaq) had $19 million in cash at the end of the fourth quarter of 1999. The piece neglected to mention that iTurf also had $32.9 million in short-term investments and a total $56.6 million in current assets at that time. (

corrected May 30


A May 29 story,

i2 May Be Fit to Survive in the B2B Rubble, misstated

i2 Technologies'

(ITWO:Nasdaq) revenue for its most recent quarter. For its first quarter ended March 31, i2 reported revenue of $186.3 million, not $638.4 million. (

corrected May 30