Auric Goldfinger's Short List Message Board

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Non-Tech : Auric Goldfinger's Short List

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To: afrayem onigwecher who wrote (8769)	1/18/2002 11:38:07 AM
From: StockDung	Read Replies (1) of 19428

NECO - Didn't take long for the SEC to act on this one. How much are your massive losses? Friday January 18, 9:56 am Eastern Time SEC suspends trading of New Energy securities WASHINGTON, Jan 18 (Reuters) - The U.S. Securities and Exchange Commission suspended Friday trading of New Energy Corp. (OTC BB:NECO.OB - news) securities over questions involving the adequacy and accuracy of public disclosures. Trading of securities in the La Jolla, California-based company will be suspended from Friday through February 1, the SEC said in a statement. The SEC said questions were raised about the ``adequacy and accuracy'' of information concerning the value of certain power generation contracts, the existence and size of certain purchase orders for solar chips and its partner's relationship with the Los Angeles Department of Water and Power." Its shares were down 55 cents at $2.90 in over-the-counter Nasdaq trading. biz.yahoo.com

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