Investor's Business Daily articles from August 2001

Investor's Business Daily archives from August 2001

Market Washout Paves Way For New Bases.(A)(INVESTOR'S CORNER)
August 31, 2001... Byline: David Saito-Chung Yes, the market still looks like a lint screen. Investors are still hanging big-time gainers from past rallies out to dry. Virtually no growth stocks have escaped the washout. When it's over, most will come...

Value Of "Human Capital' Rethought In Aftermath Of Dot-Com Disasters.(A)(MANAGING THE SUCCESSFUL COMPANY)
August 31, 2001... Byline: Nick Turner The debate over whether the new economy is all that new has raised a related question of whether methods of valuing "human capital" are all that accurate. During the recent boom, high-tech and drug companies in...

IBD'S TOP 10.(A)
August 31, 2001... See Ya Later, Dow 10,000; Stocks Take Another Dive 1 The sell-off came on higher volume for a second straight day. The Dow industrials fell 1.7% to a 4 1/2-month closing low. Microsoft, IBM and 3M alone fueled a third of the decline....

AFTER THE CLOSE.(TO THE POINT)
August 31, 2001... STARBUCKS August same-store sales rose 1% as total sales grew 18% to $214 million. CORINTHIAN COLLEGES fourth-quarter profit rose 55% to 34 cents, a cent over views. Sales grew 43% to $244 million. It sees 25-28 cents this quarter vs....

BUSINESS NEWS.(TO THE POINT)
August 31, 2001... TELECOM GEAR Ericsson sees no recovery yet The Swedish wireless system and handset maker is struggling to return to profitability amid a global slowdown and high costs of third-generation licenses. It said R&D costs are no longer...

BUSINESS NEWS.(TO THE POINT)
August 31, 2001... RETAIL Chico's bucks soft retail trend The women's apparel chain earned 40 cents a share in its second quarter, up 48% from a year ago. It topped analyst views by 2 cents. Sales rose 48% to $89.5 million as same-store sales grew...

BUSINESS NEWS.(TO THE POINT)
August 31, 2001... FINANCE Citigroup drops lending brokers The financial giant stopped doing business with more than 3,600 consumer finance brokers to clean house after last year's controversial buy of subprime lender Associates First Capital....

THE ECONOMY.(TO THE POINT)
August 31, 2001... Mortgage rates about unchanged The 30-year fixed rate rose a tick to 6.92%, while the 15-year rate held steady at 6.47%. The one-year adjustable fell 1 basis point to 5.67%. A year ago, the rates were 7.96%, 7.67% and 7.27%, respectively....

TRENDS & INNOVATIONS.(TO THE POINT)
August 31, 2001... The number of kids killed in the U.S. by air bags fell sharply in the last five years, the National Safety Council said. The group credited the decline to automakers' improvements. Bell Labs scientists created a new superconductor that...

TRENDS & INNOVATIONS.(TO THE POINT)
August 31, 2001... Motorola packing circuitry into chips Motorola developed a technology that can create chips with microscopic circuitry 50% more densely packed than has been done. The process allows for features smaller than 100 nanometers in width. A...

THE WORLD.(TO THE POINT)
August 31, 2001... Milosevic complains, is charged Former Yugoslav President Slobodan Milosevic clashed with U.N. judges at the war crimes tribunal, complaining of discrimination and isolation in prison. Chief Prosecutor Carla Del Ponte said she will file...

WASHINGTON.(TO THE POINT)
August 31, 2001... Bush, greens reach species deal The Interior Department agreed to speed up federal protections for 29 animal and plant species as part of a deal with three conservation groups that say the move will avert a legal challenge from them....

4. Make Learning Part Of The Job.(LEADERS & SUCCESS)(IBD'S 10 SECRETS TO SUCCESS)
August 31, 2001... Byline: Linda Stockman-Vines Joe Phelps isn't a professor, but that hasn't stopped him from designing a corporate learning program that keeps his 62 employee-associates curious, conversant and captivated with their work and the world...

Writer Rudyard Kipling He Gave His All To Follow His Muse And Inspired Generations.(LEADERS & SUCCESS)
August 31, 2001... Byline: Michael Richman To get the most out of your efforts, Rudyard Kipling knew, there is only one surefire method -- love what you do, and do it wholeheartedly. Case in point: In the 1880s, Kipling committed himself to acquiring a...

Aviation Pioneer Donald Douglas His Attention To Detail Spurred Cutting-Edge Aeronautics.(LEADERS & SUCCESS)
August 31, 2001... Byline: Reinhardt Krause At 22, Donald Douglas looked too young to be chief engineer at aircraft maker Glenn L. Martin Co. in 1915. Nor could Douglas fly planes. So nearly everyone ignored his precise designs based on meticulous...

Wisdom To Live By . . .(LEADERS & SUCCESS)
August 31, 2001... ON LEARNING When you stop learning, stop listening, stop looking and asking questions, always new questions, then it is time to die. Lillian Smith, author Our progress as a nation can be no swifter than our progress in...

TECHBITS.(INTERNET & TECHNOLOGY)
August 31, 2001... Byline: James DeTar Intel Debuts Pentium 4, Shows Off XP Smart Tags Intel Corp. rolled out its newest chip, the 2-gigahertz Pentium 4, on Monday at an event in San Jose, Calif. Intel Vice President Louis Burns jumped up on a...

E-COMMERCE Online Sales Growing, But Not Like In The Old Days.(INTERNET & TECHNOLOGY)
August 31, 2001... Byline: Antonio A. Prado The slump in the economy is finally hitting Web retail sales. They're still strong, but aren't growing as much as they used to. The Commerce Department says $7.46 billion of retail sales, nonseasonally...

SALARY SURVEY What Tech Wreck? Many IT Workers See Bigger Payday.(INTERNET & TECHNOLOGY)
August 31, 2001... Byline: Antonio A. Prado Even with the flood of layoffs in the dot-com and telecom sectors, tech job pay is rising faster than the national average. That's according to the 15th annual salary survey by trade magazine Computerworld....

TELECOM What's Next Move For Nextel? Analysts say stock may founder until firm reveals plans for wireless network.(INTERNET & TECHNOLOGY)
August 31, 2001... Byline: Reinhardt Krause With final plans still not set, Nextel Communications Inc. is being tight-lipped about its new wireless network. For that, it's paying a price with some Wall Street analysts. Nextel, the fifth-biggest U.S....

Web Conferencing Gains As Travel Falls.(INTERNET & TECHNOLOGY)(COMPUTERS MADE PLAIN)
August 31, 2001... Byline: Julie Mitchell Meetings are a big part of any business, small or large. But with corporate America slashing budgets and trimming staff, meetings that require travel are increasingly rare. Conference calls, on the other...

CORPORATE OPERATIONS ONLINE Microsoft Makes Plans To (Dot) Net More Business.(INTERNET & TECHNOLOGY)(Q & A)
August 31, 2001... Byline: Murray Coleman In the global economy of the future, the Internet will replace phones and faxes. Departments and entire companies will share their data electronically. Employees and their managers will head to cyberspace to...

SEARS, ROEBUCK & CO. /Hoffman Estates, Illinois Will Ad Campaign Bring Retailer Back To Life?(THE NEW AMERICA)(NEW AMERICA REVISITED)
August 31, 2001... Byline: Marilyn Much -- Adelia Cellini Linecker As part of a plan to jump-start sales and revive its ailing business, Sears, Roebuck & Co. (Companies In The News, Aug. 30, 2000) is about to try a new image ad campaign. Set to launch...

DAISYTEK INTERNATIONAL CORP. /Allen, Texas A Replacement Strategy That Jets Out Black Ink.(THE NEW AMERICA)
August 31, 2001... Byline: Alison Young If you're in the market for an inkjet printer, you've noticed they're practically giving them away. Why? Because once you acquire the printer, you still need supplies to use it. "Over the life of an inkjet...

SEACOAST FINANCIAL SERVICES CORP. /New Bedford, Massachusetts Buyouts Keep Bank Anchored To Profitability.(THE NEW AMERICA)
August 31, 2001... Byline: Steve Watkins There once was a bank in Nantucket. . . . But now it belongs to Seacoast Financial Services Corp., which has gone on an acquisition tear near its southeastern Massachusetts base. The firm's latest buyout took...

IBD'S 20 RULES FOR INVESTMENT SUCCESS.(THE SMART INVESTOR)
August 31, 2001... A VITAL POINT IS THESE RULES are not based on our personal opinion, our beliefs or those of Wall Street's analysts and experts. Investor's Business Daily built models of the most successful stocks and investors of the last half-century. We...

24 ESSENTIAL LESSONS How Chart Patterns Lead To Big Gains.(THE SMART INVESTOR)(24 ESSENTIAL LESSONS)
August 31, 2001... There are several different patterns to look for when doing technical analysis. In this lesson, IBD founder and Chairman Bill O'Neil discusses a couple of patterns and goes over some mistakes to avoid when reading charts. Q: When did you...

INVESTORS.COM CORNER.(THE SMART INVESTOR)
August 31, 2001... Just as it's important to check the performance characteristics of a stock, it's also critical to know how its industry is doing. Research shows nearly half of a stock's move can be attributed to the health of its industry. Investor's...

IBD READER PROFILE Firefighter's Pension Experience Sparks Interest In Stock Market.(THE SMART INVESTOR)(IBD READER PROFILE)
August 31, 2001... Byline: Claire Mencke Most investors start out small. Harold Rogers began his investment education with millions of dollars. Rogers got his feet wet in a big way in 1985, after a 14-year stint with the North Kansas City, Mo., fire...

NYSE Stocks In The News.(A)
August 31, 2001... Byline: Jonah Keri As the market gropes for direction, a few of the stocks and industries that led the major indexes on its brief spring rally have started to rebound. When a new bull market emerges, look for leading stocks in leading...

A FREE-MARKET AWAKENING?(ISSUES & INSIGHTS)(EDITORIALS)
August 31, 2001... Let's face it: There's a lot of doom and gloom these days. That's true not just in America, but also in other places around the world, from the European Union to Japan. But even at the edge of the darkness, a glimmer of light may be seen. ...

ENFORCING AN EXTINCT LAW.(ISSUES & INSIGHTS)(EDITORIALS)
August 31, 2001... Under green pressure, the Bush administration promised Thursday to place another 29 plant and animal species under federal protection. Bad enough that the Endangered Species Act has yet to save a species. Worse, the law has expired. Yet...

THE NEA'S CREATIVE ACCOUNTING.(ISSUES & INSIGHTS)(EDITORIALS)
August 31, 2001... "The educator accepts the responsibility to adhere to the highest ethical standards." So reads the National Education Association's Code of Ethics. Some in the NEA, though, don't seem to have read this particular commandment. At least...

LETTERS.(ISSUES & INSIGHTS)
August 31, 2001... Who'll Care For The Aged? "As Population "Boom' Goes Bust" (Perspective, Tuesday) is on target with the observation that the real problem facing future retirees is not the money, but the people needed to care for them. As a practicing...

Investors Shifted From Stock To Bond Funds In July, August.(FUNDS & PERSONAL FINANCE)
August 31, 2001... Byline: Dan Moreau Investors abandoned stock mutual funds in July and remained wary of them in August, according to reports from major fund families and the Investment Company Institute. Bond fund inflow rose sharply. The ICI...

Don't Just Reform Social Security, Leading Critic Says -- Privatize It.(ISSUES & INSIGHTS)(NATIONAL ISSUE)
August 31, 2001... Byline: Charles Oliver Earlier this year, President Bush named a bipartisan commission to find ways to reform and strengthen Social Security. Chaired by former Democratic Sen. Daniel Moynihan of New York, the panel has a number of...

ANXIETY IN AUGUST Bond Funds Advance As Stock Side Slides; Gold, REITs And Health Buck Trend.(FUNDS & PERSONAL FINANCE)(INVESTMENT TRENDS)
August 31, 2001... Byline: Claire Mencke Most stock funds ground out negative returns in August as they continued to hit the wall of recession worries. Meanwhile, bond funds got another tailwind from the Federal Reserve's seventh rate cut this year and...

Muhlenkamp Favors Housing And Financial Stocks.(FUNDS & PERSONAL FINANCE)(FUND MANAGER Q & A)
August 31, 2001... Byline: Dan Moreau Ron Muhlenkamp belongs to that increasingly select band of fund managers who can show black ink in 2001. The average diversified stock fund was down 12% this year going into Thursday. His Muhlenkamp Fund, with just...

Slump Gives Banks A Chance To Grab Investors.(FUNDS & PERSONAL FINANCE)(INVESTMENT TRENDS)
August 31, 2001... Byline: Peter McKenna Like thousands of other investors, Bob Gardello closed his discount brokerage account when the bottom fell out of the stock market last year. "During the bull market in 1999," said the 39-year-old software...

Mairs & Power Growth Finds Gems Near Its St. Paul Home.(FUNDS & PERSONAL FINANCE)(FUND PROFILE)
August 31, 2001... Byline: Nancy Gondo George A. Mairs III was no stranger to Wall Street even as a youngster, since the stock market was often discussed at the dinner table. After all, his father founded investment advisory firm Mairs & Power in St....

Make Sure A Bank Accepts Your Power Of Attorney.(FUNDS & PERSONAL FINANCE)
August 31, 2001... Byline: Paul Katzeff Suppose you're in a bad car accident. You suffer permanent brain injury and can no longer make decisions for yourself. The one bright light for your loved ones is that you've planned in advance. Earlier, you had...

Janus Funds' 1st-Qtr Picks Struggle Along AOL, Viacom and Goldman Sachs were group's top buys.(FUNDS & PERSONAL FINANCE)(ALL IN THE FAMILY)
August 31, 2001... Byline: Julie Huynh Janus Group's funds have taken a more cautious road this year. Poor performance and investors jumping ship have Janus cleaning up its holdings. The Denver-based fund firm is known for taking aggressive positions...

KEY FUND HOLDINGS.(FUNDS & PERSONAL FINANCE)
August 31, 2001... Key Fund Holdings / Invacare was a top holding of CS Warbus Pincus Small Company Value Fund and Lord Abbett Research Small Cap Value Fund in the latest reporting periods. The stock has been trading in a 22-week base since notching a high of...

Variable Annuities Deal With Sure Things Instruments Offer A Vehicle For Deferring Taxes, Providing Death Benefits.(FUNDS & PERSONAL FINANCE)(TAXES)
August 31, 2001... Byline: Donald Jay Korn Many mutual fund investors were shocked this year. Share prices fell, yet they owed tax on distributions paid to them by their funds in 2000. So far, investors face the same unhappy market result for 2001....

The Real Most Active - NASDAQ.(B)
August 31, 2001... Byline: Christina Wise Techs continued their southbound streak Thursday. The Nasdaq composite logged its fourth straight loss, falling 2.8% to its lowest point since April. Traders unloaded computer and chip names in the wake of bad...

Where The Big Money's Flowing - NASDAQ.(B)
August 31, 2001... 3888B26.81MicrosSys MCRS27.05+1.50228+164 9461C34.36Biomet oBMET28.05+1.604,938+75 7799C42.22AmerHlth AMHC31.27+0.64283+75 9851B81.56Impath oIMPH42.90+0.90372+73 9952D76.50AdvntSftw oADVS53.68+0.641,134+55 ...

NASDAQ Stocks In The News.(B)
August 31, 2001... Byline: Christina Wise Apollo Group shot out of a 19-week base on June 25, and by early August had climbed as high as 46.13. The stock then turned tail, falling into its current four-week consolidation. The for-profit firm offers...

Yesteryear's Big Hitters Striking Out Today.(A)(INVESTOR'S CORNER)
August 30, 2001... Byline: Monika Tjia Now may not be the best time to jump into the market. But when the next bull market does take off, watch for new stocks to lead the way. New rallies produce new leaders. Don't rely on stocks that have done well in...

Increased Online Focus Helps Sabre Travel Into New Financial Territory.(A)(COMPANY IN THE NEWS)
August 30, 2001... Byline: Adelia Cellini Linecker Americans will take a billion trips this year, according to the Travel Industry Association of America. Many will use the Internet to plan those trips. And they'll spend a lot of cash doing it....

IBD'S TOP 10.(A)
August 30, 2001... Economy Grew Just 0.2%, Slowest Pace In 8 Years 1The Commerce Department revised its data on second-quarter gross domestic product to show a 0.2% gain. That's down sharply from the 0.7% rise reported a month ago and the weakest since...

AFTER THE CLOSE.(TO THE POINT)
August 30, 2001... CORNING will cut 1,000 jobs from its fiber unit. It will also idle two plants amid slack demand. It said the optical fiber market will grow far less this year than its prior 15% forecast. KYOCERA, a Japanese electronics giant, will cut...

BUSINESS NEWS.(TO THE POINT)
August 30, 2001... TECHNOLOGY AMD cuts 3rd-qtr sales forecast Advanced Micro Devices now says sales will fall 15% from the second quarter, or 31% from a year ago. The chipmaker had seen a 10% to 15% sequential decline. AMD blamed a sharp drop in flash...

BUSINESS NEWS.(TO THE POINT)
August 30, 2001... PAPER PRODUCTS Mead, Westvaco in $3 bil merger The midsize paper firms hope to form a global heavyweight. MeadWestvaco will have over $8 billion in sales. Mead and Westvaco expect to restructure, sell or close select paper, woodland...

BUSINESS NEWS.(TO THE POINT)
August 30, 2001... DEFENSE Northrop discounts talk Pentagon warms up to rival's Newport bid Northrop Grumman said it's seen no sign the Defense Department favors General Dynamics' $2.1 billion bid for Newport News Shipbuilding. Northrop has made a...

THE ECONOMY.(TO THE POINT)
August 30, 2001... Interest rate drops spark surge in home mortgage refinancings U.S. mortgage applications soared 7.1% in the week ended Friday, says the Mortgage Bankers Association. The trade group says refinancings made up 53.7% of all home loans,...

TRENDS & INNOVATIONS.(TO THE POINT)
August 30, 2001... The tires of more than a quarter of passenger cars and almost a third of sport utility vehicles on the road are underinflated, which could lead to accidents, the federal government warned. Genetic differences may explain why some people...

TRENDS & INNOVATIONS.(TO THE POINT)
August 30, 2001... Web-only bank traffic off 8% in year A Jupiter Media Metrix study showed people prefer banks with branches and nearby automated teller machines to those that operate only online. Web traffic to brick-and-mortar banks that offer online...

THE WORLD.(TO THE POINT)
August 30, 2001... Cease-fire reached in West Bank Israel and the Palestinians made the agreement a day after Israel took over parts of Beit Jalla, where Palestinian snipers had been shooting at Israeli civilians in a Jerusalem suburb. Israel said it might...

WASHINGTON.(TO THE POINT)
August 30, 2001... Fast-track trade key to recovery, Commerce Secretary Evans says Secretary Don Evans called on Congress to give President Bush fast-track authority to negotiate broad new agreements, saying trade was "the second pillar" of the Bush...

3. Get Paid More And Promoted Faster.(LEADERS & SUCCESS)(IBD'S 10 SECRETS TO SUCCESS)
August 30, 2001... Byline: Cord Cooper There's no mystery to getting ahead, says executive coach and business owner Brian Tracy. It involves finding a need and filling it and doing so repeatedly -- faster and more effectively than co-workers. The good...

Cereal Maker William Kellogg His Determination Helped Change The Way The Nation Eats Breakfast.(LEADERS & SUCCESS)
August 30, 2001... Byline: Antonio A. Prado The right advertising campaign can capture the world's interest. William Keith Kellogg, with a simple wink and a smile, changed the way we eat breakfast. In ads that ran in all the major New York newspapers...

St. Ignatius Loyola He Touched The World Through Education.(LEADERS & SUCCESS)
August 30, 2001... Byline: Amy Alexander At 33, Inigo Lopez de Loyola decided he wanted to minister to others as a priest. The problem was he knew so little. He could barely read, and his math skills were scant. Learning, he knew, was key to success....

Wisdom To Live By . . .(LEADERS & SUCCESS)
August 30, 2001... ON GROWTH To grow faster than one is able to manage is flirting with disaster. An Wang, founder, Wang Laboratories ON LEADERSHIP The emphasis should be on what's wrong, rather than who's to blame. George S....

Do Some Digging To Find Out Your Worth.(A)(NEWS FOR YOU)
August 30, 2001... Byline: Kristen Kemp Most people would trash their employee ID cards, give their pillows more face time and exercise their fishing poles if it weren't for that one little never-ending need: cash. Since checks don't appear...

Don't Touch Military Budget, Don't Hike Taxes, Bush Says.(A)
August 30, 2001... Byline: AP Unbowed by the latest bad budget news, President Bush ratcheted up the stakes for his military spending increases Wednesday by painting a dark picture of a vulnerable America. "I know this nation still has enemies, and we...

TECHBITS.(INTERNET & TECHNOLOGY)
August 30, 2001... Byline: Sarah Z. Sleeper You're Happy, But Is Your E-mail Happy? What if we could see people's emotions within their e-mail or on a Web page? Instead of a typed sideways smiley face, what if we could really "see" their feelings...

COMPUTER GEAR At Bargain Rates, Peripherals Are Moving Off Shelves.(INTERNET & TECHNOLOGY)
August 30, 2001... Byline: Antonio A. Prado Makers and sellers of personal computer accessories finally may be getting it right. Their price slashing is clearing shelves of excess inventory. Though the economy has slowed and PC sales growth is in a...

COMPUTER ASSOCIATES Wyly's Challenge Gets Thumbs Down From Shareholders.(INTERNET & TECHNOLOGY)
August 30, 2001... Byline: J. Bonasia The votes are in, and the winners are . . . the incumbents. In a hotly contested proxy vote Wednesday, shareholders of Computer Associates International Inc. gave thumbs up to the company's existing board of...

PERSONAL COMPUTERS PC Pricing Could Baffle Buyers With numerous choices, consumers could spend more than they'd planned.(INTERNET & TECHNOLOGY)
August 30, 2001... Byline: Patrick Seitz For what's supposed to be a commodity product, personal computers sport a wide range of prices these days. PC ads in newspapers list product specifications for all to see. So the choice for consumers should be...

BUSINESS SYSTEMS Retailer The Limited Dresses Up Its Logistics.(INTERNET & TECHNOLOGY)(TECH TACTICS)
August 30, 2001... Byline: David Mutch Logistics might not sound too exciting, but it's a hot area of technology and the Internet. The use of technology by business to cut the cost of logistics -- the acquiring, shipping and storing of goods -- is...

TELECOM NETWORK GEAR Cisco, Lucent, Nortel Faced Cruel Choices In Cutbacks.(INTERNET & TECHNOLOGY)
August 30, 2001... Byline: Mike Angell The telecom gear industry got into trouble in large part by trying to grow too fast. Could it have the same troubles by shrinking too fast? Companies are cutting costs by laying off workers, in some cases by the...

AMD Says Sales To Come In Short.(INTERNET & TECHNOLOGY)
August 30, 2001... Byline: AP Computer chip maker Advanced Micro Devices Inc. said Wednesday it expects revenue in the current quarter to fall about 15% from the previous period, which would be at the low end of its most recent projections. Rob Herb,...

Electronic Payment Services Move Beyond Tollbooths McDonald's restaurants, vending machine operators testing the technology to speed up orders.(INTERNET & TECHNOLOGY)(COMPUTERS MADE PLAIN)
August 30, 2001... Byline: Julie Mitchell If one word sums up today's consumer tastes, it would have to be speed. From high-speed Internet access to drive-through fast food to motorized scooters, products all seem to be touted as faster than ever. ...

E-COMMERCE Content Delivery Networks Vie With Hosters For Web Clients.(INTERNET & TECHNOLOGY)
August 30, 2001... Byline: Paul Korzeniowski It was early 2000, and Barry Weber had to make a decision. As vice president of technology and infrastructure for the Barnes & Noble.com Web site, he had to handle traffic that was doubling every year. ...

Oracle Sees Voice Recognition As Ready For Mainstream Use.(INTERNET & TECHNOLOGY)(Q & A)
August 30, 2001... Byline: Murray Coleman Oracle Corp. is stepping up its efforts to get a bigger piece of the business software market. The Redwood Shores, Calif., company revamped its business applications line earlier this year. Now it's adding...

ORTHOFIX INTERNATIONAL NV /Curacao, Netherlands Antilles Device Maker Makes No Bones About Its Business.(THE NEW AMERICA)
August 30, 2001... Byline: Gloria Lau Nowadays when the old bones get brittle or broken, you don't have to limp around like a pirate for the rest of your life. Medical solutions abound. Suppose you have a spinal fusion procedure and the surgeon is...

TCF FINANCIAL CORP. /Minneapolis, Minnesota Bank's Retail Strategy Helps Fatten The Till.(THE NEW AMERICA)
August 30, 2001... Byline: Marilyn Much Talk to William Cooper about his banking style, and he'll find a way to tie it to retailing. The chief executive of TCF Financial Corp. points out that Wal-Mart stays open on Saturdays and Sundays, and Target...

MENTOR CORP. /Santa Barbara, California Even In Flat Market, A Firm That Busted Out.(THE NEW AMERICA)
August 30, 2001... Byline: Marilyn Alva You sell breast implants and sales go flat. What do you do? Mentor Corp. faced that dilemma last year as the economy slumped and elective surgeries dropped from the to-do lists of many women. Rather than sit by,...

NYSE Stocks In The News.(A)
August 30, 2001... Byline: Jonah Keri Ruby Tuesday rose nearly 2 1/2-fold from the Nasdaq's peak in March 2000 to an all-time high on April 2 of this year. The stock then fell into a cup-with-handle base, finding support above its 200-day moving average....

THE FALLOUT CONTINUES.(ISSUES & INSIGHTS)(EDITORIALS)
August 30, 2001... Sen. Zell Miller, D-Ga., calls Democratic Chairman Terry McAuliffe a "subpar golfer desperately in need of a mulligan." Well, he won't get one at the Ron Carey perjury trial this week. It will bring back some bad memories. McAuliffe...

THE MONEY TRAP.(ISSUES & INSIGHTS)(EDITORIALS)
August 30, 2001... You've got to hand it to President Bush on the issue of education. He's taken it from congressional Democrats. But he's perpetuating a myth -- more money equals better education. And that's a recipe for political defeat. In a speech...

PRESCRIPTION FOR GROWTH.(ISSUES & INSIGHTS)(EDITORIALS)
August 30, 2001... Wednesday's economic news was grim, with gross domestic product barely growing in the second quarter. Yet Washington is all a-dither about surpluses and trust funds. To update a famous phrase: It's the (free) economy, stupid. The...

United Nabobs: Report Slams U.S. For Poverty Even As Poor Flock Here.(ISSUES & INSIGHTS)(VIEWPOINT)
August 30, 2001... Byline: Brett D. Schaefer It would make a good assignment for an economics or statistics class: Design a measure of economic performance that shows the U.S. coming in last among all the countries of the industrialized world. The...

Economy Just Skirts Recession, Eking Out Tiny 0.2% 2nd-Qtr Gain.(ISSUES & INSIGHTS)
August 30, 2001... Byline: Donald Gold Perhaps never before has so little meant so much to so many. The economy grew a scant 0.2% in the second quarter, the worst posting in eight years. But many had been looking for zero growth -- or worse. Many were...