Small Cap Stock Report: Quest Software's Stock Option Probe; Trident and Zoran Down Hard

Excerpt from our One Page Annotated Wall Street Journal Summary (get it e-mailed to you every morning by signing up here):

Quest Software Will Restate Results After Options Probe
SMALL STOCKS: Trident, Zoran Tumble Sharply; Duquesne Surges

• Summary: Quest Software (QSFT) fell 9.9% on its announcement of restating financials due to failure to properly recognize stock option grants; Trident Microsystems (TRID) dropped 17% yesterday on a Thomas Wiesel downgrade; Zoran (ZRAN) fell 10% on a grand jury subpoena regarding stock options irregularities; Duquesne Light Holdings (DQE) rose 18% on its buyout from a private equity group; Directed Electronics (DEIX) dropped 7.3% upon receipt of a FCC letter that two of its radios it supplies to Sirius Satellite Radio (SIRI) are not compliant with regulations.
• Comment on related stocks/ETFs: Here's an updated chart of all the companies under investigation for irregularities in their stock-option grants.