PALM BEACH GARDENS,Weiss Ratings, Inc., a provider of ratings and analysis for financial services companies, mutual funds and stocks, included several high-tech firms on its latest “weak” and “very weak” watch list.
According to Weiss, the firms are “vulnerable to further market declines or even failure.”
The list includes: EarthLink, Lucent Technologies, Nortel Networks, Silicon Graphics, Solectron Corp., and Sprint PCS Group.
The firms were rated D (weak) or E (very weak).
Weiss Ratings: www.weissratings.com