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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?

To: SusieQ1065 who wrote (4381)	10/3/2002 9:12:10 AM
From: AugustWest	Read Replies (1) \| Respond to of 57110

And it the "But I knew what I was doing!" category..... (COMTEX) A: Veritas CFO Resigns, Misstates Educational Credentials - Com A: Veritas CFO Resigns, Misstates Educational Credentials - Company Reaffirms Boston, Oct 03, 2002 (MidnightTrader via COMTEX) -- VERITAS (VRTS) is declining on 49,697 Island shares after the company announced Kenneth E. Lonchar has resigned as chief financial officer. Veritas said that it had recently become aware that Lonchar had misstated his educational credentials, including incorrectly claiming to have received an MBA from Stanford University. The company also reaffirmed its outlook this morning, stating it expects results to be within its previously announced guidance, with third quarter revenue in the range of $350 to $370 million and pro forma earnings per share in the range of $0.11 to $0.13 per share, based on an operating margin of 21% to 23%. Price: 13.11, Change: -1.39, Percent Change: -9.6% URL: midnight-trader.com Copyright (C) 2002 MidnightTrader.com. All rights reserved. Unauthorized reproduction is strictly prohibited. -0- SUBJECT CODE: EARN.MN PMKT.MN * end of story *