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Strategies & Market Trends : Kendall's DUMPER STOCKS -- Ignore unavailable to you. Want to Upgrade?


To: kendall harmon who wrote (12)3/29/2001 8:49:04 PM
From: ~digs  Respond to of 70
 
Any thoughts on SFNT?

SFNT 12 13/16 c -20 9/16 (-61.61%) b 13 1/8 a 13 1/4 h 18 11/16 l 12 1/16 o 18 11/16 v 2,657,900 4:00PM

biz.yahoo.com
SafeNet sees weaker than expected first quarter

BALTIMORE, March 29 (Reuters) - Internet security services firm SafeNet Inc. (NasdaqNM:SFNT - news) said on Thursday it expects first quarter revenue and earnings to be lower than its previous forecasts, citing order cancellations.



To: kendall harmon who wrote (12)3/29/2001 9:32:03 PM
From: ~digs  Respond to of 70
 
In the category of REALLY HORRIBLE NEWS:

California Amplifier Announces Internal Financial Investigation - PR Newswire
California Amplifier may have overstated 2000 net income - Reuters Securities


Stock was subsequently halted. I wouldn't touch this one with the proverbial 10 foot pole when/if it opens back up.

And as if to add insult to injury, later today this comes out:

Calif. Amplifier downgraded by Needham & Co - Briefing.com

You have got to be kidding me...