Investor's Business Daily articles from August 2003

Investor's Business Daily archives from August 2003

July Durables Climb 1% In Back-To-Back Gains; Momentum Is Building; Consumer Optimism Climbs; Americans more upbeat about future, but gloomy about job prospects now.(A)
August 27, 2003... Byline: CHRISTINA WISE The budding manufacturing recovery showed staying power in July as orders for durable goods rose 1%, matching forecasts. That followed June's 2.6% increase and marked the first back-to-back monthly gains since...

Utilities Face A Talent Squeeze As Trendy Techs Tap Engineers; A Shortage May Loom.(A)
August 27, 2003... Byline: DOUG TSURUOKA Power drains and brain drains may be related. This month's blackout on the East Coast and Midwest was likely due -- in part, anyway -- to a little-noticed shift in the tech jobs market. Ask the best...

IBD'S TOP 10.(A)
August 27, 2003... Durables Orders Rose 1% In July 1Along with June's 2.6% gain, it was the first back-to-back monthly rise since Feb.-March '01. Ex-transportation, orders rose 1.7%. Nondefense orders and core capital orders rose for a 3rd month....

AFTER THE CLOSE.(TO THE POINT)
August 27, 2003... DOLLAR TREE'S Q2 net rose 19% to 25 cents, 1 cent above views. Sales grew 22% to $626 mil. The discount retailer sees at least $1.56 in '03 vs. views for $1.55. SEARS said Aug. same-store sales were tracking ahead of forecasts, boosted...

BUSINESS BRIEFS.(TO THE POINT)
August 27, 2003... RETAIL Regis meets Q4, guidance mixed The hair salon operator's profit rose 11% to 50 cents a share. Sales rose 16.6% to $448.2 mil, aided by new salons and acquisitions. Regis owns 9,600 outlets, including its Regis salons and...

BUSINESS BRIEFS.(TO THE POINT)
August 27, 2003... DEFENSE Engineered Support net up 67% The maker of military support gear earned 72 cents a share in Q3, beating views by 14 cents. Sales jumped 46% to $155.7 mil. Engineered Support Systems expects to earn $2.40-$2.45 in '03, up 42%...

BUSINESS BRIEFS.(TO THE POINT)
August 27, 2003... TECHNOLOGY Harmon Int'l beats Q4 forecasts The high-end stereo firm earned $1.10 a share, 8% over views and 45% over last year. Sales grew 24% to $623.3 mil. The firm acquired Wavemakers to add hands-free microphone and speech...

BUSINESS BRIEFS.(TO THE POINT)
August 27, 2003... TELECOM Comtech up 29% on raised view The wireless gear maker expects to earn 24-26 cents a share in Q4, well above its old outlook for 18-19 cents. Comtech Telecom sees sales of about $51 mil. That would be a 79% gain, the 3rd...

Bernbach At A Glance.(LEADERS & SUCCESS)
August 27, 2003... Bernbach At A Glance Born: 1911 in the Bronx, N.Y. Died: 1982 In New York City. Education: B.A. in English from New York University in 1933. Achievements: ** Co-founded Doyle Dane Bernbach ad agency in 1949. Served as...

THE ECONOMY.(TO THE POINT)
August 27, 2003... Chain-store sales rose last week Same-store sales at major discount and department chains last week rose 0.2% vs. the prior week, Bank of Tokyo-Mitsubishi and UBS said. The 4.5% year-over-year gain was the biggest since mid-Dec....

IN BRIEF.(TO THE POINT)
August 27, 2003... The Pantry will buy 138 Golden Gallon convenience stores in Georgia and Tennessee from Dutch supermarket operator Ahold, the convenience store chain said. Terms weren't given. America Online expanded an existing deal with the NFL to...

NATION.(TO THE POINT)
August 27, 2003... U.S. sued over anthrax probe The bioterrorism expert under scrutiny in the 2001 anthrax attacks accuses Attorney General John Ashcroft and other officials of violating his rights and using him as a scapegoat for their failure to make an...

WORLD.(TO THE POINT)
August 27, 2003... Rich nations' farm policy faulted The world's well-to-do, especially the EU and U.S., are costing farmers in poor nations about $24 bil in lost income each year, claimed the International Food Policy Research Institute. The group said...

TRENDS & INNOVATIONS.(TO THE POINT)
August 27, 2003... World facing diabetes pandemic More than 300 mil people risk developing the disease, much of that due to rising obesity, says the Int'l Diabetes Federation. The economic impact in some countries could be bigger than AIDS. Diabetes'...

TRENDS & INNOVATIONS.(TO THE POINT)
August 27, 2003... ** Labor Day auto traffic will be the heaviest since '95, amid record gas prices, says the American Automobile Association. Some 28 mil people will drive 50 miles or more. ** Money doesn't buy happiness, and despite popular theories...

DON'T BE AFRAID TO INNOVATE; BE DIFFERENT New Approaches Pay Off.(LEADERS & SUCCESS)(IBD'S 10 SECRETS TO SUCCESS)
August 27, 2003... Byline: Doug Tsuruoka 8 Sam DiVita wanted to shed some light on a dilemma. Scientists dreamed of making light travel through glass fibers like electricity through wires. There were huge rewards if this could be done. One was that...

Advertising Exec Bill Bernbach; Follow Your Vision: He created a corporate culture that encouraged inspiration.(LEADERS & SUCCESS)
August 27, 2003... Byline: DAN MOREAU When it came to grabbing people's attention, William Bernbach knew it was all about the smile. Scan Advertising Age's list of the top 100 advertising campaigns, and the great agency names of advertising appear:...

TECHBITS.(INTERNET & TECHNOLOGY)
August 27, 2003... Byline: J. Bonasia Company Issues An Apology For Promoting Dalai Lama Event Salesforce.com Inc. has issued a public apology for making posters that promote a speech by the Dalai Lama without first getting permission from the...

Silicon Valley Offers Advice To Next Chief Of California On Polishing Golden State; Costs Of Business Too High; Some focused on taxation; others look for advances in education, infrastructure.(INTERNET & TECHNOLOGY)
August 27, 2003... Byline: James DeTar, J. Bonasia & Mike Angell As if their world weren't already interesting enough, California's business leaders now face the wackiest election in California history. On Oct. 7, voters will decide whether Democratic Gov....

Sprint Gears Up To Push Bundled Services.(INTERNET & TECHNOLOGY)
August 27, 2003... Byline: REINHARDT KRAUSE Sprint Corp. is on the move. The phone company is readying new service packages in 36 states after reviewing Federal Communications Commission rules issued last week. The rules cleared the way for...

Best Buy Gets Jump On Retailers; First With Music Plan; Offers download service via Internet site, kiosks; others waiting for Echo.(INTERNET & TECHNOLOGY)
August 27, 2003... Byline: PETE BARLAS Best Buy Co., best known for its offline electronics stores, is blazing a trail online. It's the first major bricks-and-mortar retailer to sell music downloads on its Web site. The Richfield, Minn.-based company...

CHICAGO BRIDGE & IRON Amsterdam, N'lands; Clean Air Regulations Will Fuel Growth Here.(THE NEW AMERICA)
August 27, 2003... Byline: MARILYN MUCH In the race to help oil refineries meet clean fuel regulations next year, Chicago Bridge & Iron Co. is fast becoming a front-runner. CB&I is best known for designing and building oil tanks, liquefied natural gas...

GUIDANT CORP. Indianapolis, Indiana; Rival's Product Is A (Short-Term) Concern.(THE NEW AMERICA)
August 27, 2003... Byline: GLORIA LAU Officials at Guidant Corp. got some tough news earlier this year when they learned that a rival firm would introduce an advanced version of one of its top-selling products. Guidant makes stents, the mesh coils...

Should Terrorism, Other Threats Keep You Off Cruises?(A)(NEWS FOR YOU: TRAVEL)
August 27, 2003... Byline: PETER BENESH After 9-11, cruise ship lines had to act fast as fearful passengers canceled bookings. The savvy outfits changed routes. The Mediterranean was out; destinations closer to the U.S. were in. The cruise industry...

Calamos Bets On Capital Spending Rise; Career Ed A Big Winner; Manager's expertise in convertibles and high yield helps growth fund.(MUTUAL FUNDS)(MUTUAL FUND PROFILE)
August 27, 2003... Byline: PAUL KATZEFF For another sign that a new bull market is under way, look no further than the return to front-runner status by Calamos Growth Fund. The $4.1 billion portfolio was up 25.94% for the year going into Tuesday. That...

Laying A Foundation.(ISSUES & INSIGHTS)(EDITORIALS)(Editorial)
August 27, 2003... Foreign Affairs: The six-nation talks to discuss North Korea's nuclear threat begin today in China. We hope the two-day dialogue is more than an empty exercise. We have modest expectations for this round of talks. History shows North...

Rethinking NASA.(ISSUES & INSIGHTS)(EDITORIALS)(Editorial)
August 27, 2003... NASA: Do we really need this agency? If so, for what? Those questions lurk between the lines of a tough report on the Columbia space shuttle disaster. In 1986, it was O-rings. In 2003, it was insulating foam. Beyond this difference in...

FACT BOX.(ISSUES & INSIGHTS)
August 27, 2003... ON THIS DAY In 1920, Irish nationalists, protesting British rule and led by well-equipped Sinn Feiners, set off fighting in the streets of Belfast, leaving 13 dead and more than 40 wounded. In 1957, after three years and $250 million...

THE REAL MOST ACTIVE Stocks Start Weak But End With Mild Gains.(MAKING MONEY)
August 27, 2003... Byline: DAVID SAITO-CHUNG The Dow fell as much as 0.9% intraday, but closed with a 0.2% gain Tuesday. The S&P 500, down 1% intraday, rose 0.3%. Overseas firms experiencing sharp growth in earnings and revenue continued to enjoy...

Analyze, Profit From IBD's Market Charts.(GENERAL MARKET & SECTORS)
August 27, 2003... Analyzing the price and volume changes in the major market averages each day is essential to successful investing. They reveal major tops and bottoms in the stock market. Most stocks follow the general market's trend. They tend to rise...

California Builder Accelerates Its Growth.(B)(NYSE STOCKS IN THE NEWS)
August 27, 2003... Byline: David Saito-Chung Ryland Group finished a yearlong cup-shaped base without a handle in late May and rallied 34% to a high of 79. Since then, the stock has slipped into a new base. The Calabasas, Calif.-based home builder has...

THE REAL MOST ACTIVE Late Reversal Leaves Nasdaq With 0.4% Gain.(B)
August 27, 2003... Byline: CRAIG SHAW An afternoon spurt lifted stocks Tuesday as the market absorbed positive factory, consumer and durable goods data. The Nasdaq closed ahead 0.4% on heavier trade after spending most of the day in negative territory....

Army Spending Boosts Telecom Firm's Profit.(B)(NASDAQ STOCKS IN THE NEWS)
August 27, 2003... Byline: Craig Shaw Comtech Telecommunications gapped up 29% Tuesday on the year's heaviest trade after raising its fourth-quarter profit guidance. The stock is building a 6 1/2-week base after tripling from March to July. The maker...

Several Chinese Firms Deliver Huge Earnings Serving Home Market 7 "China' Stocks In IBD 100 Rising middle class offers lots of potential business, but competition is fierce.(A)
August 26, 2003... Byline: MARILYN ALVA In the past year, at least one energy giant was busy restructuring its organization to keep pace with the times. It rolled out new governance rules following the Enron and WorldCom scandals. It flattened management...

More Companies Exit Public Markets; New Accounting Rules Get The Blame Burden For Small Companies.(A)
August 26, 2003... Byline: MURRAY COLEMAN Like many small businesses, Tumbleweed is feeling the impact of a slow economy. Sales at the Kentucky-based restaurant chain are expected to fall 5% to $55 million this year. But just a few years ago,...

AFTER THE CLOSE.(A)(AFTER THE CLOSE)
August 26, 2003... FULTON FINANCIAL will buy Resource Bankshares for $195.6 mil to enter Virginia. It'll issue 2.2 shares per Resource share. That's $44.26 a share. Resource closed Monday at 38.94. AMERICREDIT lost 11 cents in Q4 after items vs. last year's...

BUSINESS BRIEFS.(A)
August 26, 2003... Vivendi auction down to the wire The French media firm was embroiled in last-minute talks after NBC, the favorite, made a formal proposal ahead of a Tuesday board meeting. Vivendi Universal is looking at other proposals, but the two main...

BUSINESS BRIEFS.(A)
August 26, 2003... TECHNOLOGY McData falls 18% on Q3 outlook The maker of data storage switches earned 8 cents a share in Q2, reversing last year's 3-cent loss and a penny above views. On a non-GAAP basis, McData earned 10 cents vs. last year's 2-cent...

BUSINESS BRIEFS.(A)
August 26, 2003... TELECOM Verizon, unions near labor deal The phone firm and its unions are close to an agreement, union leaders said. Negotiators worked from Sunday through Monday morning. Neither party disclosed what issues had been resolved or...

THE ECONOMY.(A)
August 26, 2003... Latest WTO plan draws criticism The latest effort to balance the demands of major exporting states for deep cuts in subsidies to farmers with offers for more modest cuts made by the U.S. and EU met with a cool reception on all sides just...

NATION.(A)
August 26, 2003... $100 billion needed to fix grid U.S. consumers would have to foot the big bill to upgrade the nation's electric transmission system, but could reap fivefold savings from cheaper power, an industry report found. The utility-funded...

WORLD.(A)
August 26, 2003... Milosevic denies massacre role The ex-Yugoslav president said he had no personal involvement in the killing of nearly 8,000 Bosnian Muslim men and boys in 1995. Slobodan Milosevic is charged with genocide, crimes against humanity and war...

TRENDS & INNOVATIONS.(A)
August 26, 2003... Red wine may uncork longer life A molecule called resveratrol extended the life of yeast cells 80% and may do the same for animals, say Harvard Medical School researchers. The molecule, which mimics the life-extending properties of a...

TRENDS & INNOVATIONS.(A)
August 26, 2003... ** Some 36 children have died this year after being left in hot vehicles with the windows rolled up, more than in any full year. Even at a mild 75 degrees, a car can heat up to 105 degrees in 30 minutes. ** Japan's national ID system...

Meet Conflicts Head-On.(A)(IBD 10 SECRETS TO SUCCESS)
August 26, 2003... Byline: Brian Deagon 7Don't avoid conflict, embrace it, says Howard Guttman, principal of Guttman Development Strategies Inc. "The biggest misconception people hold about conflict is that it is intrinsically bad," said Guttman, a...

Cartoon Creator Marc Brown Focus On Goals: He chased his artistic dreams to create a children's hit.(A)
August 26, 2003... Byline: PAUL KATZEFF It seemed like Marc Brown just couldn't keep it together. He'd tried a series of jobs, from short-order cook to chicken farmer. None of them worked. Each time, he tried to reach for his big opportunity. It just...

Siebel Blames Woes On Economy But Rivals Fare Better Sellers of software suites could be better suited to today's environment.(A)
August 26, 2003... Byline: J. BONASIA Siebel Systems Inc., the world's leading maker of software to manage customers, is having a tough time managing itself. Siebel's software sales dropped 47% in the first half of 2003 compared with last year. The...

CDMA Mobile Phones Growing Fast In India.(A)
August 26, 2003... Byline: MIKE ANGELL U.S. cell phone stores should have such problems. When a carrier launched a new low-cost service in India this year, police had to be called out to control crowds clamoring to buy a phone. News reports said some...

Lexar's Flash Memory Not Solely Focused On Cameras.(A)
August 26, 2003... Byline: JAMES DETAR A few years ago, chipmaker SanDisk Corp. pretty much had the flash memory card business to itself. No longer. In recent years, rivals like M-Systems Flash Disk Pioneers Ltd. and Lexar Media Inc. have sprung up....

Truck Manufacturer Hugs The Fast Lane While Rivals Sputter.(A)
August 26, 2003... Byline: MARILYN ALVA Known in trucking circles for brands such as Peterbilt and Kenworth in North America and DAF Trucks in Europe, Paccar Inc. itself is less known to the general public. Yet the $7.2 billion truck manufacturer...

POWER INTEGRATIONS INC. San Jose, California While You Slumber, Power Is Being Wasted.(A)
August 26, 2003... Byline: AMY REEVES The recent blackout in the Northeast and Midwest highlighted an uncomfortable fact: While American electricity use has run wild in the last decade, the power supply hasn't grown apace. A large part of the problem...

Flexibility At Franklin Proving Fruitful Going For The Growth Managers feel California continues to offer stocks driven by innovation.(A)
August 26, 2003... Byline: DOUG ROGERS Conrad Herrmann has long had technical gauges in his tool belt. He says he's inclined to reach for them a bit quicker since the bear market gouged 23% from his Franklin Flex Cap Growth Fund in 2001 and bit off 25%...

Gassing Growth.(A)(EDITORIALS)(Editorial)
August 26, 2003... Energy: As gasoline prices continue to soar, the rise has become more than just a pocketbook inconvenience. It's endangering our nascent economic recovery. Each day seems to bring more bad news about gasoline. On Monday, the widely...

History In Hiding.(A)(EDITORIALS)(Editorial)
August 26, 2003... Ten Commandments: The text that Alabama's top jurist calls the "moral foundation of law" now seems headed to a back room. We see some symbolism here. Roy S. Moore, chief justice of the state of Alabama, has lost his fight to keep a Ten...

The Key To Immigration Is Assimilation, Not Separatism.(A)(NATIONAL ISSUE)
August 26, 2003... Byline: SEAN HIGGINS Victor Davis Hanson says he didn't actually want to write a book about immigration. But when his editor suggested it, he decided the issue needed to be addressed. It's the 800-pound gorilla nobody's talking about, he...

Major Indexes Finish Mixed In Quiet Trading.(B)
August 26, 2003... Byline: DAVID SAITO-CHUNG The Dow eased 0.3% and the S&P SmallCap 600 0.2% Monday, but the S&P 500 edged up less than 0.1%. NYSE volume dropped sharply and was well below average. Trading continued to drag during the last week of...

Photo Image Supplier Teams Up With GM.(B)
August 26, 2003... Byline: David Saito-Chung Getty Images surged out of a long base in the week ended April 25 and rallied 35% in nearly three months. The stock is now working on a new base, having fallen as much as 15%. Notice on the weekly chart to the...

Tech Stocks Tread Water In Whisper-Thin Trade.(B)
August 26, 2003... Byline: CRAIG SHAW The Nasdaq closed nearly flat in quiet trade Monday as the August doldrums took full hold. The composite index lost 0.1%, but the big-cap Nasdaq 100 closed ahead 0.2%. Metrologic Instruments vaulted 5.44, or 17.1%,...

Bear Market Winners Trade Near New Highs.(B)
August 26, 2003... Byline: Craig Shaw Two of the successful stocks of the bear market are shaping fresh patterns. A.C. Moore Arts & Crafts corrected 58% from September to February, then climbed its rising 50-day line to 52-week highs. It's been moving...

Philly Fed Index Soars To A New 5-Year High; Factories Ramping Up; Aug. Outlook Best Since '93; Jobs picture is still mixed, but experts note growth seems to be accelerating.(A)
August 22, 2003... Byline: JED GRAHAM Mid-Atlantic factory activity this month grew at its fastest pace in five years, a Philadelphia Federal Reserve survey showed. Thursday's regional report, seen as a good gauge of national activity, suggests U.S....

Fewer Americans Planning To Buy PCs; Market May Be Saturated, Analysts Say; August's 17% slide from July is more than seasonal drop, says one researcher.(A)(IBD/TIPP POLL)
August 22, 2003... Byline: PATRICK SEITZ With consumer confidence waning, many U.S. households plan to put off buying personal computers. The percentage of likely PC buyers fell sharply in early August, hitting its lowest point since early May, a new...

IBD'S TOP 10.(A)
August 22, 2003... Mid-Atlantic Factory Index Jumps 1The Philly Fed's manufacturing index shot up to 22.1 in Aug. from 8.3 in July, far above forecasts and the best reading in six years. The six-month outlook index hit a 10-year high. But the report's jobs...

AFTER THE CLOSE.(TO THE POINT)
August 22, 2003... SHUFFLE MASTER met Q3 views of 27 cents a share, 23% over last year. Sales for the casino supplier rose 15% to $17.4 mil. It sees 27-29 cents in Q4. Analysts see 29 cents. Shuffle Master fell late. NORDSTROM earned 48 cents, 9 cents over...

BUSINESS BRIEFS.(TO THE POINT)
August 22, 2003... CHEMICALS Settlement lifts Monsanto, Solutia Seeds, herbicide and agricultural products maker Monsanto jumped 6% to a 52-week high of 24.13. Chemical firm Solutia surged 344% to 4. Late Wednesday, the firms and Pfizer settled PCB...

BUSINESS BRIEFS.(TO THE POINT)
August 22, 2003... MARKETS Pension funds looking to rebound A rising stock market and stable interest rates should boost the value of pension funds, says a Bear Stearns report. That'll be relief for firms that have had to buoy their pensions as the...

BUSINESS BRIEFS.(TO THE POINT)
August 22, 2003... RETAIL Joseph A. Bank's Q2 beats views The suit seller earned 27 cents a share, 6 cents over views and more than double last year. Sales rose 24.1% to $64.4 mil, with same-store sales up 12.5%. It raised its full-year outlook to...

BUSINESS BRIEFS.(TO THE POINT)
August 22, 2003... MEDICAL Cephalon bids $384 mil for Cima The biotech's $26-a-share cash bid tops a stock offer of $23 a share by AaiPharma that Cima accepted this month. Cima, known for fast-dissolving depression drug Remeron SolTabs, will consider...

THE ECONOMY.(TO THE POINT)
August 22, 2003... Mortgage rates resuming climb The average interest rate on a 30-year fixed mortgage increased to 6.28% this week from 6.24% last week, lender Freddie Mac said. A year ago, the 30-year rate averaged 6.27%. The average 15-year mortgage rate...

IN BRIEF.(TO THE POINT)
August 22, 2003... AOL got the FCC's formal OK to offer advanced instant messaging services such as live video. Under a condition of AOL's '01 buy of Time Warner, the online giant couldn't offer such services until it opened its IM network to rivals. Roy...

NATION.(TO THE POINT)
August 22, 2003... Schwarzenegger leads in poll Among the 135 candidates vying to replace Calif. Gov. Gray Davis in the Oct. 7 recall vote, he gets 23%, according to an Associated Press poll. Democrat Cruz Bustamante is second with 18%. Davis remains...

WORLD.(TO THE POINT)
August 22, 2003... France delays Lockerbie deal A U.N. Security Council vote to lift sanctions against Libya has been delayed for a week. Libya had agreed to take blame for the 1988 terrorist bombing of Pan Am Flight 103 and pay restitution to get the...

TRENDS & INNOVATIONS.(TO THE POINT)
August 22, 2003... Health bureaucracy wastes money The U.S. could provide health care to the millions of uninsured Americans with what it wastes on health bureaucracy, New England Journal of Medicine said. Of each dollar spent on health care, 31 cents goes...

TRENDS & INNOVATIONS.(TO THE POINT)
August 22, 2003... ** Angioplasty, surgery to reopen clogged arteries, works better than anti-clot drugs and should be the standard treatment for heart attack victims, Danish researchers said in New England Journal of Medicine. ** Though vitamins may...

BE PERSISTENT AND WORK HARD Selling It -- With Feeling.(LEADERS & SUCCESS)(IBD'S 10 SECRETS TO SUCCESS)
August 22, 2003... Byline: Cord Cooper 5 Whether you're selling investments, insurance or products door to door, consider this: People don't buy products and services -- they buy "good feelings" and solutions to problems, sales trainer Michael LeBoeuf says...

Pioneer Nurse Linda Richards; Be Bold: Her efforts, innovations made nursing a profession and helped millions.(LEADERS & SUCCESS)
August 22, 2003... Byline: JAMES DETAR Linda Richards had enough. Richards graduated in 1873 from the New England Hospital nursing program. The program was the first in America to train nurses. She was the program's first graduate and the first...

FCC Clarifies Competition Rules.(INTERNET & TECHNOLOGY)
August 22, 2003... Byline: REINHARDT KRAUSE A divided Federal Communications Commission Thursday issued a long-awaited report that's expected to affect competition in local phone markets and spur investment in speedy Internet services. The report...

AT&T Wireless Calls Self Ready For New Era.(INTERNET & TECHNOLOGY)(Q & A)
August 22, 2003... Byline: REINHARDT KRAUSE Wireless phone companies posted what analysts called solid second-quarter subscriber growth. And average wireless use rose 21% to 571 minutes per month, says Merrill Lynch. Yet most wireless stocks retreated...

"Juice' Product Is A Smoothie For Power Adapter Company.(INTERNET & TECHNOLOGY)
August 22, 2003... Byline: PATRICK SEITZ Mobility Electronics Inc. has found the right product to juice up its sales. The maker of peripherals and software for mobile computing has had early success selling an all-in-one mobile adapter that can connect...

With Medco Spinoff, A New Giant Emerges.(THE NEW AMERICA)(Q & A)
August 22, 2003... Byline: GLORIA LAU Wednesday's spinoff of Medco Health Solutions Inc. by Merck & Co. ends a 10-year marriage that investors and analysts often criticized for its conflicts of interest. With $33 billion in yearly sales, Medco is the...

OMNIVISION TECHNOLOGIES INC. Sunnyvale, California; Chipmaker Gets The Digital Camera Picture.(THE NEW AMERICA)
August 22, 2003... Byline: KIRK SHINKLE With digital cameras sending their film-based counterparts the way of the dinosaur, it looks as though consumer tastes have caught up with one company's technology. That company, OmniVision Technologies Inc.,...

Led By A Hot China, Asian Funds Soar; Cars: Like U.S. In 1910; China aided by exports, infrastructure buildup, shift to market economy.(MUTUAL FUNDS)(INVESTMENT TRENDS)
August 22, 2003... Byline: KEN HOOVER Mutual funds that invest in China and its neighbors are soaring. They're being driven by a Chinese economy that is transforming itself into the capitalist hub of Asia. Funds that invest in Asia Pacific countries...

Refined Tastes.(ISSUES & INSIGHTS)(EDITORIALS)(Editorial)
August 22, 2003... Energy: Gasoline prices are soaring again, especially in the West. Is this another oil company "conspiracy" to jack up prices? Or is something else at work? You've probably seen the images on the evening news: long lines of frustrated...

Answering Albright.(ISSUES & INSIGHTS)(EDITORIALS)(Editorial)
August 22, 2003... Terrorism: Bill Clinton's secretary of state says Al Gore would have acted differently after 9-11. No doubt -- but is it really in the Democrats' best interest to remind us? The outlines of the foreign policy debate in the 2004...

THE REAL MOST ACTIVE Win Streak For Small Caps Hits 11 Straight Days.(MAKING MONEY)
August 22, 2003... Byline: CRAIG SHAW Strong factory and jobs data helped propel NYSE stocks Thursday. The Dow industrials and benchmark S&P 500 each rose 0.3% on the heaviest trade in several weeks. The small-cap S&P 600 led again with an 0.9% advance,...