Mr. Pink's Picks: selected event-driven value investments Message Board

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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments

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To: Mr. Pink who wrote (16498)	4/17/2002 4:52:30 PM
From: StockDung	of 18998

Wal-Mart says not aware of any SEC probe CHICAGO, April 17 (Reuters) - Wal-Mart Stores Inc.<WMT.N>, the world's largest company in terms of annual sales, responding to rumors broadcast over a cable news channel, said on Wednesday it was not aware of any investigation involving the U.S. Securities and Exchange Commission. Earlier, CNBC reported on a television broadcast that there were rumors that the SEC was investigating Wal-Mart over an unspecified matter. "We're not aware of any investigation involving Wal-Mart and the SEC, Jay Allen, a Wal-Mart spokesman, said. "We think that the rumor started on the Internet." A spokesperson for the SEC would not comment on the matter. Shares of Wal-Mart were off 61 cents, or 1.02 percent, at $59.39. Earlier, the stock had fallen as much $1.35. 04/17/02 15:52 ET

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