American Medical Alert Corp. Announces That Report of CIBC Initation of Coverage was Erroneous.Business & Medical Editors OCEANSIDE, N.Y.--(BUSINESS WIRE)--Dec. 5, 2001 American Medical Alert Corp. (Nasdaq:AMAC AMAC Adults Molested As Children AMAC Assistance to Mine-Affected Communities AMAC Aircraft Monitor And Control AMAC Approximate Message Authentication Code AMAC American Military Arms Corporation AMAC Asset Management Assistance Center ) today announced that it had discovered that a report which was posted by Yahoo Financial News on November 30, 2001, and which stated that CIBC World Markets CIBC World Markets is the investment banking division of the Canadian Imperial Bank of Commerce. It helps governments, large companies, and other large institutions obtain capital and credit and is a primary dealer in U.S. Treasury securities. had initiated coverage on AMAC, was erroneous erroneous adj. 1) in error, wrong. 2) not according to established law, particularly in a legal decision or court ruling. . AMAC determined after the report was posted, that CIBC CIBC Canadian Imperial Bank of Commerce CIBC Centres Interinstitutionnels de Bilan de Compétences CIBC Commonwealth Institute of Biological Control (Trinidad) CIBC Commercial International Brokerage Company had not in fact initiated coverage of AMAC. AMAC, which was not the source of the original report, alerted Yahoo of the error, and Yahoo has removed the report from its Financial News page. |
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