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Strategies & Market Trends : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?

To: Softechie who wrote (2472)	2/7/2002 12:35:20 PM
From: Dave Gore	Read Replies (1) \| Respond to of 16631

Softechie, don't be so black and white about things, man! LOL! The investigation is NON-material to earnings and involves a relatively minor violation, IMHO. It is always serious, but there are degrees of seriousness. ``The investigation will not require any change to RSA Security's financial statements,'' the company said in the second of two statements released on Friday. ``The SEC has not concluded that there has been any wrongdoing, and we don't believe that there has been any,'' Art Coviello, chief executive and president, said in the statement. ``We are cooperating fully with the SEC on this matter.'' That said, I can't blame anyone if they want to avoid any stock with a hint of a problem. But you got to admit, buying TYC at $22-$25 the last couple days wasn't such a bad thing. Also, RSAS guided this year to earnings of 25 to 33 cents vs. consensus of .27 eps Also insider buying is strong: biz.yahoo.com