Genworth Finl Inc (NYSE:GNW)

CAPS Rating: 4 out of 5

A financial security company dedicated to developing solutions that help meet the investment, protection, homeownership, retirement and independent lifestyle needs of customers, with a presence in more than 25 countries.


Player Avatar castingfool (< 20) Submitted: 1/14/2008 4:31:07 PM : Underperform Start Price: $22.55 GNW Score: +88.78

The CTO Michael McGarry disclosed in a presentation to Penn State University that they have had serious security breaches that "... coincidentally occurred during the most crucial stage of its IPO." You will have to search for yourself (Google) I've looked, and no customer notifications were filed during this timeframe and no other disclosures were made. Therefore I question the managments ability and the true valuation of the stock.

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