January 2005

A Jan. 31 story, Indian Summer for Subcontinental Stocks, mistakenly named Zaheer Sitabkhan as the manager of the Eaton Vance Greater India (ETGIX) fund. Samir Mehta manages the fund. TheStreet.com regrets the error. (Corrected Jan. 31)


A Jan. 27 story, Openwave Software Reverses Loss, incorrectly reported that the company's earnings fell a penny shy of expectations. The company's non-GAAP profits of 7 cents per share exceeded the analyst consensus estimate by 3 cents. TheStreet.com regrets the error. (Corrected Jan. 28)


The Jan. 26 StreetNotes incorrectly reported old Morgan Stanley research notes on the following companies and sector: Silicon Labs (SLAB:Nasdaq), Aramark (RMK:NYSE), St. Jude Medical (STJ:NYSE) and the health care sector. These items have been deleted. TheStreet.com regrets the error. (Corrected Jan. 27)


A Jan. 26 story, Stocks' Second Verse Tops First, misstated the name of Charles Kirk's newsletter. It is The Kirk Report, not The Kirk Newsletter. TheStreet.com regrets the error. (Corrected Jan. 27)


A Jan. 26 story, Revenue Slumps at LSI Logic, incorrectly reported LSI Logic's (LSI:NYSE) outlook for earnings under generally accepted accounting principles in the first quarter. The company expects to post a profit, excluding charges, of 1 cent to 4 cents a share in the first quarter. But on a GAAP basis, LSI predicted it would lose 1 cent to 4 cents a share in the current quarter, not earn that amount. TheStreet.com regrets the error. (Corrected Jan. 26)


Due to an editing error, a Jan. 25 column by James J. Cramer, Too Early to Bet Against Sell Mode, did not note that he was long Urban Outfitters (URBN:Nasdaq) at the time of publication. He did in fact have a long position in Urban Outfitters when the column was published. TheStreet.com regrets the error. (Corrected Jan. 25)


A Jan. 18 column by James J. Cramer, Telcos Are Losing Battle Against Cable, indicated that JDS Uniphase (JDSU:Nasdaq) had announced that it would have an earnings shortfall because customers were canceling orders for products used in the fiber-to-the-premises buildout. This was incorrect. The main cause JDS Uniphase gave for its shortfall was cancellation of an order for its display products. TheStreet.com regrets the error. (Corrected Jan. 18)


A Jan. 13 post in Columnist Conversation, "Data Points," by Steven Smith, initially misstated the initial jobless claims for the week ended Jan. 7. Claims rose to 367,000. TheStreet.com regrets the error. (Corrected Jan. 13)


A Jan. 7 story, UTStarcom Finds Options Loophole, misstated the number of stock options held by six executives at UTStarcom (UTSI:Nasdaq). Together they hold options on 940,000 shares, not 6.4 million as originally reported. TheStreet.com regrets the error. (Corrected Jan. 10)


A Jan. 6 story, Accenture Earnings Slip, incorrectly said Accenture's first-quarter earnings were $318.0 million in the three months to Nov. 30 and $334.5 million in the same quarter last year. In fact, subtracting minority interests, the company earned $196.3 million in the latest quarter and $174.3 million a year ago. TheStreet.com regrets the error. (Corrected Jan. 6)


A Jan. 5 RealMoney column by Norm Conley, Investor Sentiment Looks Tepid for 2005, gave the incorrect years for the recent bear market. Instead of 2000-03, it should have been 2000-02. TheStreet.com regrets the error. (Corrected Jan. 5)


In a Jan. 5 column, The Missing Rally, a stock index's resistance level was misstated. It should have read: "If the S&P futures can hold above 1103.00 for more than a few minutes, especially on a closing basis, this would signal that a near-term low is in place and a further rebound could be expected." TheStreet.com regrets the error. (Corrected Jan. 5)


A Jan. 4 post by Steven Smith to Ask Our Pros, IRA Option Trading, incorrectly stated that IRA investors can't trade put or call options in isolation or independent of a stock position in their IRAs. In fact, some brokers or firms managing IRA accounts will allow the purchase of options that have a limited risk, while other firms do not. IRA investors should check what each broker's rules are. TheStreet.com regrets the error. (Corrected Jan. 4)

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