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To: nolimitz who wrote (53018)5/20/2002 1:33:49 PM
From: nolimitz  Read Replies (1) | Respond to of 208838
 
Shares of Applied Digital Solutions (ADSX: news, chart, profile) added more than 8 percent in midday action. The stock has re-opened for the first time since being halted for additional information by the Nasdaq exchange on Friday. Applied Digital made a statement saying that halt followed a television report that the Food and Drug Administration had launched a formal probe of the use of the company's VeriChip product to access a medical database. Applied Digital said it spoke to the FDA and that it's clear that VeriChip is not an FDA regulated device "for security, identification, and financial applications." The FDA has, however, asked for information regarding the linking of a VeriChip verification number with a medical database. Applied Digital plans to abide by the FDA's requests and cooperate fully. The volatile stock had been down as much as 30 percent in early trades.



To: nolimitz who wrote (53018)5/20/2002 1:35:32 PM
From: X Y Zebra  Read Replies (1) | Respond to of 208838
 
Maybe I need a felt tip brain to understand how a marker can make the difference....

and I wonder how many companies can be affected in their stock price like this one.... ADVS

biz.yahoo.com

Reuters Company News
Advent Software says CFO to retire; shares fall

(adds share price, analyst comment)

NEW YORK, May 20 (Reuters) - Advent Software Inc. (NasdaqNM:ADVS - News) said on Monday its chief financial officer will retire at the end of August, sending its stock down more than 11 percent even though analysts said the news was not a surprise.

The company, which makes financial software used by money management firms to automate operations and manage accounts, said it is looking for a replacement for departing CFO Irv Lichtenwald, but gave no timeframe for a new appointment.

Shares of Advent were off $5.70 at $45.30 in afternoon Nasdaq trade, where the stock was among the worst net losers.

The stock dropped even though most analysts said Lichtenwald's resignation didn't come as a surprise.

"We knew that the CFO was considering retirement and we don't expect this to have any near-term impact on the company's operating results," said J.P. Morgan analyst Adam Holt. "It's probably an overreaction in a difficult (market)."

Lichtenwald has been with Advent for about seven years, the company said.

are dependant



To: nolimitz who wrote (53018)5/20/2002 1:42:19 PM
From: SirRealist  Read Replies (1) | Respond to of 208838
 
SNE's next copy-proof technology: the guy at the next desk says "I'm telllling !"