Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: fedhead who wrote (139329)	2/14/2002 7:03:44 PM
From: H James Morris	Read Replies (1) \| Respond to of 164684

That's old news. >>14 Feb 17:25 Last November, the SEC filed a lawsuit against four former Nvidia employees charging them with illegally trading Nvidia shares after they received early news that Nvidia had won a contract to supply chips for Microsoft Corp.s' (MSFT) Xbox video-game system. The SEC alleges the employees along with 11 others earned more than $1.7 million in illicit profits. Nvidia said Thursday that in connection with the SEC's previously announced investigation of alleged insider trading by the non-executive employees, Nvidia provided e-mails and other materials to the SEC for the period from December 1999 to March 2000. Based on its review of these materials, the SEC informed Nvidia in January of specific questions relating to the recording of reserves in the fourth quarter of fiscal 2000 and the first quarter of fiscal 2001. In addition, questions were raised about the possibility that certain product costs of up to $3.6 million should have been recorded in the first quarter of fiscal 2001, but were recorded in the second and third quarters in that same year. On Thursday, the company reported fourth quarter pro forma earnings of 43 cents a share, above the consensus estimate of 34 cents, on revenue of $499.9 million. -Stephen Lee; Dow Jones Newswires; 201-938-5400