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Non-Tech : Auric Goldfinger's Short List

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To: afrayem onigwecher who wrote (11589)5/6/2003 1:16:22 PM
From: StockDung  Read Replies (2) of 19428
 
Nasdaq Halts Trading in EUniverse Pending More Info
Tuesday May 6, 10:46 am ET

NEW YORK (Dow Jones)--The Nasdaq Stock Market requested additional information from EUniverse Inc. (NasdaqSC:EUNI - News) after the company said it plans to restate results.

Nasdaq halted trading in the company's shares for news dissemination earlier Monday.

EUniverse wasn't immediately available to comment.

In a press release Tuesday, Nasdaq said trading will remain halted until the company fully satisfies the request for more information.

Earlier Monday, EUniverse said in a statement that the reported results for the first three quarters of its fiscal year "should not be relied upon" due to incorrect processing of certain transactions within its accounting system.

Web sites: nasdaq.com and euniverse.com

-Jason Philyaw; Dow Jones Newswires; 201-938-5400
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