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Get It Right, Or Walk.(ISSUES & INSIGHTS)(EDITORIALS)
December 11, 2001... Economy: The White House victory on limits to anti-terror spending gives us hope that a good stimulus plan may yet result.
As the economists polled by Blue Economic Indicators suggested, signs of recovery have begun to show up. As a...
Planners' Hubris.(ISSUES & INSIGHTS)(EDITORIALS)
December 11, 2001... Human Endeavor: College football officials have fallen prey to the curse that afflicts most economists and bureaucrats. Call it planners' hubris.
As Austrian economist Ludwig von Mises noted seven decades ago, mathematical formulas can't...
Hugo's Yugo.(ISSUES & INSIGHTS)(EDITORIALS)
December 11, 2001... Venezuela: Its workweek began with millions staying home. The country's producers are fed up with their president's central planning.
Monday's work stoppage virtually shut down Caracas and other cities. The protest was called by...
Freedom To Fail: Farmers Don't Need Another Socialist Handout.(ISSUES & INSIGHTS)(BRAIN TRUST)
December 11, 2001... Byline: STEPHEN MOORE
Legend has it that some 75 years ago an angry delegation of Midwestern farmers stormed into the White House to see President Calvin Coolidge at the White House. They were seeking a taxpayer bailout after a bad crop...
Got Subsidy? Congress Mulls A Bailout For Dairy Farmers.(ISSUES & INSIGHTS)(NATIONAL ISSUE)
December 11, 2001... Byline: SEAN HIGGINS
If you ask Sen. Joe Lieberman, D-Conn., why dairy farmers need federal subsidies, don't expect a lecture on milk shortages, high consumer prices or foreign markets.
Expect a lecture on history.
"We have...
THE REAL MOST ACTIVE Investors Toss NYSE Stocks, Trade Down.(MAKING MONEY)
December 11, 2001... Byline: MONIKA TJIA
Blue chips fell for the third straight session Monday. The Dow Jones industrials lost 1.3% on lighter volume.
Gtech Holdings gapped down 3.45 to 43.16 as trade nearly tripled. On Monday, the operator of online...
THE REAL MOST ACTIVE Nasdaq Slips South; Medicals, Chips Fall.(B)
December 11, 2001... Byline: Christina Wise
Nasdaq stocks lost ground Monday, which marked the eve of the year's last Fed meeting. The composite index shed 1.4% on lower trade.
Traders unloaded medical stocks, including Protein Design Labs. The biotech...
Online Educator Scales Right Side Of Its Base.(B)(NASDAQ STOCKS IN THE NEWS)
December 11, 2001... Byline: Christina Wise
University of Phoenix Online, which came public in September 2000 at $9 a share, is working on the right side of a 20-week base. It finished Monday 16% off its high.
The firm, which has been in operation since...
Charts Always Give Early Sell Signal.(A)(INVESTOR'S CORNER)
December 10, 2001... Byline: DAVID SAITO-CHUNG
There's plenty to read about Enron's accounting trickery.
In the first and second quarter of this year, the Houston-based firm posted earnings per share growth of 76% and 53%. And that was on top of 53% and...
Job Losses Hitting Home For Fourth Of Americans Everyone Knows Someone A fifth tell IBD's pollsters own jobs may be in peril; holiday budgets pinched.(A)(IBD/TIPP POLL)
December 10, 2001... Byline: CHARLES OLIVER
Unemployment is still on the rise, and the economy is officially in recession. So it's no wonder that many Americans feel uneasy.
Early results from the IBD/TIPP Poll, based on 467 interviews, show job losses...
IBD'S TOP 10.(A)
December 10, 2001... Jobless Rate Soars To 6-Yr High
1The jobless rate jumped in Nov. to 5.7% -- the highest since Aug. 1995 -- from 5.4% in Oct. Nonfarm payrolls fell 331,000 jobs in Nov., and Oct.'s result was revised to a loss of 468,000 from the 415,000...
AFTER THE CLOSE.(TO THE POINT)
December 10, 2001... A U.S. APPEALS COURT upheld a decision to require satellite TV firms to carry all local signals if they carry one. It's a defeat for Hughes Electronics' DirecTV and EchoStar Communications.
MOHAWK INDUSTRIES will earn 90-95 cents in Q4...
BUSINESS BRIEFS.(TO THE POINT)
December 10, 2001... LEISURE
AMC buys bankrupt cinema chain
AMC Entertainment will buy GC Cos. as part of a reorganization plan in GC's bankruptcy case. It would pay GC creditors up to $195 mil in cash, subordinated notes and stock. Creditors back the...
BUSINESS BRIEFS.(TO THE POINT)
December 10, 2001... ENERGY
Halliburton dives on lawsuit fears
The oil-field services and engineering firm's Dresser unit will pay $30 mil damages over health problems caused by asbestos products. That brings recent asbestos awards against Halliburton to...
BUSINESS BRIEFS.(TO THE POINT)
December 10, 2001... FINANCE
Merrill scales back venture role
The investment bank may trim its role in the $1 bil online banking venture unveiled last year with U.K. giant HSBC. It offers high-interest bank accounts, share dealing and other investment...
BUSINESS BRIEFS.(TO THE POINT)
December 10, 2001... MEDICAL
Bayer touts impotence drug study
Late-stage trials showed up to 85% of men using vardenafil had improved erections. Rival Pfizer has said its Viagra helps 82% of men. Earlier studies of Bayer's pill found it improved...
THE ECONOMY.(TO THE POINT)
December 10, 2001... ECRI weekly index at 3-mo. high
The U.S. activity index rose for the third straight week to its highest level since Sept. 7. But it's too early to call a recovery, the Economic Cycle Research Institute said. The index rose 1.1 points to...
IN BRIEF.(TO THE POINT)
December 10, 2001... Delta Air Lines will extend a code sharing pact with Korean Air, pending FAA approval.
ISP EarthLink will buy bankrupt wireless data firm OmniSky's subscriber list and assets. That'll let it offer wireless data services to handheld...
NATION.(TO THE POINT)
December 10, 2001... Rights panel won't seat nominee
The Commission on Civil Rights refused to seat -- or recognize -- a member appointed by President Bush. Cleveland lawyer Peter Kirsanow watched as three GOP members sought to have him seated or...
WORLD.(TO THE POINT)
December 10, 2001... NATO, Russia in cooperation pact
The two agreed to what Russian Foreign Minister Igor Ivanov called "a profound change" in relations. They'll create a council to work out joint action on issues ranging from civil emergencies to missile...
LTV Facilities To Stay Operational For Now.(A)
December 10, 2001... A U.S. bankruptcy judge signed an agreement hammered out between the LTV Corp., its creditors, the company and the union, local reports indicated. It'll let LTV plan for a shutdown while a buyer or rescue is sought.
The agreement was...
Federal Reserve HQ Anthrax-Free.(WORLD WAR ON TERRORISM)(NEWS BRIEFS)
December 10, 2001... Test results came back a day after mail at a detached handling facility tested positive for the bacteria. Chairman Alan Greenspan was at work on Friday, and a scheduled meeting at which central bankers are expected to cut interest rates will...
Pentagon Seeking Radiation Drug.(WORLD WAR ON TERRORISM)(NEWS BRIEFS)
December 10, 2001... The Defense Department is pressing for the approval of a new drug that could help against radiation amid worries Osama bin Laden and his al-Qaida network may have radioactive weapons, The New York Times reported. So far the drug, which...
Lawyer Group Questions Tribunals.(WORLD WAR ON TERRORISM)(NEWS BRIEFS)
December 10, 2001... A group of judges and lawyers urged President Bush to rethink his plans for military tribunals to try accused terrorists. The International Commission of Jurists is "deeply concerned" by Bush's order authorizing tribunals, adding they may...
Fate Of American Taliban Up In Air.(WORLD WAR ON TERRORISM)(NEWS BRIEFS)
December 10, 2001... The U.S. has made no decision about the fate of a 20-year-old American captured fighting for the Taliban, White House spokesman Ari Fleischer said on Friday. John Walker is being held by U.S. forces. He was among 80 foreign al-Qaida fighters...
U.S. Not Going Solo With New Powers To Fight Terrorists Allies May Get Tougher Very few countries have individual rights similar to those honored in U.S.(WORLD WAR ON TERRORISM)
December 10, 2001... Byline: PETER BENESH
Civil libertarians say new U.S. laws to fight terrorism are extreme. But the U.S. is not alone in adopting tough laws to fight terror. Many allies have new laws that are just as tough, and some are tougher.
...
Philippine Troops Kill 11 Islamists.(WORLD WAR ON TERRORISM)(NEWS BRIEFS)
December 10, 2001... Special forces killed 11 members of Abu Sayyaf, a Muslim guerrilla group holding an American couple hostage on a southern island. Troops from the Light Reaction Company tracked down a band of Abu Sayyaf men near the town of Isabela and killed...
Panel On Bio And Nuclear Arms To Detail Post 9-11 Game Plans Va. Gov. Gilmore On Security Group was formed before the terror attack, but has tried to reassess demands.(WORLD WAR ON TERRORISM)(Q & A)
December 10, 2001... Byline: PETER BENESH
Before Sept. 11, the press paid scant attention to several commissions examining the terrorist threat to the U.S. One is the Congressional Advisory Panel to Assess Preparedness for Weapons of Mass Destruction.
...
Heroes At A Glance.(LEADERS & SUCCESS)
December 10, 2001... Heroes At A Glance
Todd Beamer
Born: 1968 in Flint, Mich.
Education: B.S., Wheaton College in 1991.
Jeremy Glick
Born: 1970 in Bergen County, N.J.
Education: B.A., University of Rochester in 1993.
Thomas...
James Whistler Painted Path Of His Own Art Of Success: Dedication to portraying his unique vision set him apart from less-innovative artists.(LEADERS & SUCCESS)
December 10, 2001... Byline: CURT SCHLEIER
James McNeill Whistler knew only one direction to go: his own.
The painter advised young artists "that they should paint exactly what they saw, not in the style of this or that man, but just how things appeared...
HOW YOU THINK IS EVERYTHING Focus On The Endgame.(LEADERS & SUCCESS)(IBD'S 10 SECRETS TO SUCCESS)
December 10, 2001... Byline: Cord Cooper
1 Leadership skills do little good without results. The best leaders harness their skills for maximum impact.
"Capability must be put to appropriate, purposeful use," Dave Ulrich, Jack Zenger and Norm Smallwood...
Heroes Of Flight 93 Gave All Focus On Resolve: Their courage saved others and captured the nation's spirit.(LEADERS & SUCCESS)
December 10, 2001... Byline: AMY ALEXANDER
Todd Beamer, Jeremy Glick, Thomas Burnett and Mark Bingham were everyday people. They worked hard. They loved their families. They liked sports and took their jobs seriously.
Each of them got on a plane Sept. 11...
TECHBITS.(INTERNET & TECHNOLOGY)
December 10, 2001... Byline: J. Bonasia
Start-Ups Face Funding Hurdles
Start-ups that seek funding in 2002 will need to generate revenue quickly, says a survey of 25 venture capital firms by PR agency Golin/Harris International.
The PR firm says VC...
Sun Heats Up The Video Server Market Big hardware maker joins those pitching gear that will enable video on demand.(INTERNET & TECHNOLOGY)
December 10, 2001... Byline: PATRICK SEITZ
After years of tests and trials, the video-on-demand market finally appears ready for a broad rollout.
Makers of server computers that deliver movies and other programming to viewers say major cable TV providers...
Online Travel Sites Flying High Despite Economic Slowdown Sector's Shaken Off Sept. 11 New studies reveal gains in bookings via the Web for consumers, businesses.(INTERNET & TECHNOLOGY)
December 10, 2001... Byline: ANTONIO A. PRADO
Neither the recession nor the Sept. 11 attack has been able to beat down online travel. New data show the sector's sales have held up or bounced back.
Reston, Va.-based market tracker comScore Networks Inc....
Computer Virus Attacks Are Forcing Businesses To Cough Up Less Cash "Only' $12.3 Billion This Year Damages down because cleanup getting easier and no new "Love Bug'.(INTERNET & TECHNOLOGY)
December 10, 2001... Byline: ANTONIO A. PRADO
Viruses and worms have caused $12.3 billion in worldwide damage this year. That's the good news.
Last year's economic impact of malicious code attacks was $17.1 billion, according to Computer Economics Inc....
Software Entrepreneur Sees A Market For His "Market Maker Map" Product Also Providing Historical Data Notifying users when the 28 biggest market-makers move in or out of a stock.(INTERNET & TECHNOLOGY)
December 10, 2001... Byline: JED GRAHAM
One key to doing well in the stock market is knowing how to follow the money, and broker Serge Chistov says he has a way to help the general public do just that.
Already, it has become easier for anyone to watch...
Clothing A Top Gift Among Net Shoppers.(INTERNET & TECHNOLOGY)
December 10, 2001... Byline: LYNN WALFORD
If you're looking to give clothing as gifts this holiday season, you'll likely find everything you need online.
But Internet shopping can be a challenge, since there are so many sites to sift through. A few...
Where To Begin? Try Shopping Guides Sites Offer Suggestions BizRate, others help you find the best online deal, avoid Internet scams.(INTERNET & TECHNOLOGY)(COMPUTERS MADE PLAIN)
December 10, 2001... Byline: JULIE MITCHELL
With the holiday shopping season in full swing, many Americans are shying away from crowded malls and turning to their computers.
Despite the recession and the impact of Sept. 11, online shopping is showing...
Virus Researcher Says IT Staffs Are Detecting Bugs Earlier These Days Cleanup Is Now Automated Computer users are less lackadaisical now than at the time Love Bug virus hit.(INTERNET & TECHNOLOGY)(Q & A)
December 10, 2001... Byline: DONNA HOWELL
Computer viruses have taken more than $12 billion out of the economy so far this year. Code Red cost $2.62 billion. Sircam ran to $1.05 billion. Nimda's rampage spirited away more than half a billion dollars.
...
NEW-ISSUE PIPELINE Software Developer Shows Good Timing.(THE NEW AMERICA)
December 10, 2001... Byline: Robin M. Grugal
Lawson Software Inc.
St. Paul, Minn.
651-767-7000
lawson.com
Lead underwriter:
Lehman Bros.
Offering price: $14
Date: Dec. 7
Ticker: LWSN
THE BUZZ
Health care, once...
PIER 1 IMPORTS INC. Fort Worth, Texas Strong November Sales Lift Holiday Spirits Here.(THE NEW AMERICA)
December 10, 2001... Byline: MARILYN MUCH
The team at Pier 1 Imports Inc. is ringing in the holidays with a lot more cheer than it expected.
After going through a rough stretch the previous two quarters, the company is starting to see the tide turn. On...
ADMINISTAFF INC. Kingwood, Texas HR Firm Hanging Tough Despite Dour News.(THE NEW AMERICA)
December 10, 2001... Byline: ADELIA CELLINI LINECKER
Unless you've been living in a cave without satellite TV for the past year, you've heard about the thousands of layoffs.
The Labor Department says 331,000 nonfarm jobs were lost last month, dwarfing...
KEY FUND HOLDINGS.(MUTUAL FUNDS)
December 10, 2001... Key Fund Holdings / Metro One Telecom was a top holding of Harris Insight Small Cap Opportunity Fund as of its latest reporting period. The stock is 24% off its July 18 high of 45.75. Earnings the past three quarters rose 267%, 343% and 100%....
Brokers Revealing Order Flow Quarterly Web Reports But most are directing large chunks of orders to market-making units.(MUTUAL FUNDS)
December 10, 2001... Byline: KEN HOOVER
If you've ever asked your broker how your orders are executed, you probably got the standard industry line: "We have sophisticated computers that route your order to the market center with the best price."
You...
High-Yield Funds: Rally Or Frenzy? Heavy November Inflow Junk may be overpriced if a recovery is delayed, some fund managers fear.(MUTUAL FUNDS)
December 10, 2001... Byline: CLAIRE MENCKE
High-yield bonds roared back last month from a lagging performance earlier in the year. And investors poured more than $2 billion into junk-bond funds in November.
Why? For one thing, as bond investors look past...
Two Paths Collide.(ISSUES & INSIGHTS)(EDITORIALS)
December 10, 2001... Choices: We all know John "Taliban" Walker's story. Meanwhile, who recalls the young American who was killed shortly after talking to him?
Since the story of Walker's capture emerged a little more than a week ago, the American public has...
Low-Tech Success.(ISSUES & INSIGHTS)(EDITORIALS)
December 10, 2001... Education: As U.S. troops and high-tech gear lead the world in fighting terrorism, its education system is turning out low-tech students.
A better word might be average. Or mediocre. Or just so-so. That's what we can infer from the...
Whose Recession?(ISSUES & INSIGHTS)(EDITORIALS)
December 10, 2001... Blame Game: President Bush has been hammered recently. Why? Some in Congress say it's "his" recession and "his" deficit. Well, not exactly.
Senate Majority Leader Tom Daschle now calls Bush's 10-year, $1.3 trillion tax cut this year "a...
A War Casualty: Spending Spree Dooms Reform Of Social Security.(ISSUES & INSIGHTS)(VIEWPOINT)
December 10, 2001... Byline: JOEL MOWBRAY
When George W. Bush boldly went where no presidential candidate had gone before -- proposing personal savings accounts for Social Security -- conservatives and free-market types were giddy at the prospect of true...
Does Media Bias Still Exist? Ask CBS' Bernard Goldberg.(ISSUES & INSIGHTS)(NATIONAL ISSUE)
December 10, 2001... Byline: GEORGE NEUMAYR
Bernard Goldberg spent 28 years at CBS as a news correspondent. But tired with CBS' "liberal bias" and denied a job on "60 Minutes II," he left the network last year.
In his new book, "Bias: A CBS Insider...
THE REAL MOST ACTIVE Quiet Day Preserves Week For Dow, S&P.(MAKING MONEY)
December 10, 2001... Byline: JONAH KERI
NYSE stocks digested gains for the second straight day Friday, sliding on light volume. The Dow slid 0.5%, the S&P 500 0.8%. The market's huge gains of Tuesday and Wednesday were largely intact. The Dow rose 2% for the...
THE REAL MOST ACTIVE Nasdaq Eases, Still Up For Week; Casinos Jam.(B)
December 10, 2001... Byline: David Saito-Chung
The Nasdaq gave back 1.6% Friday on lighter trade. It still finished the week ahead 4.7%, its fifth straight weekly gain.
PEC Solutions succumbed to more profit-taking, down 3.05 to 34 on 2 1/2 times its...
Gaming Firm Passes Pivot, Volume Heavy.(B)(NASDAQ STOCKS IN THE NEWS)
December 10, 2001... Byline: Monika Tjia
Penn National Gaming broke out of a 23-week base Friday on five times its typical volume. The stock closed 1% above its pivot point of 26.86. The firm operates horse racing and casino gaming facilities.
Earnings...
INVESTORS.COM CORNER.(THE SMART INVESTOR)
December 10, 2001... Investor's Business Daily's Web site publishes some of the most important market coverage from each day's edition usually by 5 p.m. Pacific time the previous night. This gives readers a speedy review of the day's news and markets -- and a...
24 ESSENTIAL LESSONS Too Busy? Take In IBD In 20 Minutes.(THE SMART INVESTOR)(24 ESSENTIAL LESSONS)
December 10, 2001... Investor's Business Daily was designed specifically to present efficiently all the important news of the day and cut down on the time it takes to research profitable investment decisions. In this lesson, founder and Chairman Bill O'Neil...
Learning To Base Buys On Rules, Not Rumors.(THE SMART INVESTOR)(IBD INVESTOR PROFILE)
December 10, 2001... Byline: PAUL KATZEFF
You learn some lessons the hard way. One is to resist buying stocks on the basis of rumors and hunches.
Marilyn Biernat was reminded in the summer of 2000 why that's a bad idea .
In late June of that year,...
IBD'S 20 RULES FOR INVESTMENT SUCCESS.(THE SMART INVESTOR)
December 10, 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...
Look For Support Area After Breakout.(A)(INVESTOR'S CORNER)
December 7, 2001... Byline: MONIKA TJIA
After a stock breaks out of a solid base, you expect it to go up, quickly, even more. Like the major averages at the start of a new rally, you want to see a follow-through.
Yet sometimes the stock falls back in...
Who Needs Plants Or Salesmen If Anything Can Be Outsourced? Tiny Redox, which owns old P&G lines, rewrites the rules on what's core.(A)(MANAGING THE SUCCESSFUL COMPANY)
December 7, 2001... Byline: KIRK SHINKLE
Twenty years ago, two guys sitting in a room talking about taking on Procter & Gamble or Unilever might have drawn a few chuckles.
But that's changing, thanks to outsourcing. That normally involves things like...
IBD'S TOP 10.(A)
December 7, 2001... Taliban Looks Set To Surrender
1The Taliban sought amnesty for its leader, Mullah Mohammad Omar. The Taliban and Hamid Karzai, who is to head a new Afghan government, seemed ready to spare Omar if he denounces terrorism. Defense Secretary...
AFTER THE CLOSE.(TO THE POINT)
December 7, 2001... APPLE COMPUTER told a federal judge to make Microsoft give cash, not software, to schools as part of a settlement. Schools are a big market for Apple.
NORDSTROM'S Nov. same-store sales fell 5.2%, meeting views.
KNIGHT TRANSPORTATION...
BUSINESS BRIEFS.(TO THE POINT)
December 7, 2001... ENERGY
Enron faces labor, SEC probes
The Labor Dept. wants to know if thousands of laid-off Enron staffers' 401(k) plans were unfairly handled. Enron banned workers for weeks from selling company stock in their plans while the stock...
BUSINESS BRIEFS.(TO THE POINT)
December 7, 2001... TECHNOLOGY
Hynix wants cash from Micron
South Korea's Hynix Semiconductor wants rival memory chip maker Micron to buy a stake with cash under a proposed alliance. But sources say Micron isn't interested in a stake. It wants to buy...
BUSINESS BRIEFS.(TO THE POINT)
December 7, 2001... MEDICAL
Prilosec drug patent trial begins
AstraZeneca squared off in U.S. district court against four generic drug makers that want to make their own forms of the world's top-selling drug, Prilosec. Andrx, Pharmaceutical Resources,...
BUSINESS BRIEFS.(TO THE POINT)
December 7, 2001... TELECOM
AT&T Wireless adds to 3G cost
The No. 3 wireless firm will spend another $1 bil to upgrade its network to 3G. AT&T Wireless already planned to spend $2.5 bil on an interim upgrade to GPRS, and says it may spend a "few hundred...
THE ECONOMY.(TO THE POINT)
December 7, 2001... Argentina may tap pension funds
in hopes of avoiding debt default
Analysts warn that turning the funds' $3.55 bil of bank-held term deposits into bonds and loans could sap liquidity. Also, Argentines continue a run on banks. After...
IN BRIEF.(TO THE POINT)
December 7, 2001... Albertson's will sell 80 Osco Drug stores in New England to privately held Brooks Pharmacy for $240 mil.
AOL Time Warner's U.K. magazine publisher IPC Media plans to ax another 118 jobs.
Barr Labs raised its '02 target to...
NATION.(TO THE POINT)
December 7, 2001... GOP stimulus plan a start: Daschle
Senate Majority Leader Tom Daschle praised a House GOP offer to boost jobless and health care assistance for workers as "not a bad start." But he said $30 bil over two years to expand jobless benefits...
WORLD.(TO THE POINT)
December 7, 2001... Islamic militants defying Arafat
A Hamas leader urged fellow fugitives not to turn themselves in to Palestinian police, and the Islamic Jihad vowed more bomb attacks. Palestinian leader Yasser Arafat is under heavy U.S. and Israeli...
TRENDS & INNOVATIONS.(TO THE POINT)
December 7, 2001... Drugs, drinking up after Sept. 11
The emotional strain of the terror attack and bioterror threats led more Americans to seek treatment for drug and alcohol abuse, a Columbia University center found. New York, New Jersey and Pennsylvania...
TRENDS & INNOVATIONS.(TO THE POINT)
December 7, 2001... Teeth fossils show Neanderthals were the first to mature slowly like modern humans, the journal Nature said. They lived 120,000 years ago, much more recently than when scientists thought the change to prolonged growth took place.
German...
Two Anthrax Letters Matching Up.(WORLD WAR ON TERRORISM)(NEWS BRIEFS)
December 7, 2001... The anthrax-tainted letter to Sen. Patrick Leahy that investigators opened this week is identical to the one to Senate Majority Leader Tom Daschle. Army scientists opened the Leahy letter Wednesday. The event was delayed so technicians could...
Ridge Sees Shared Security Costs.(WORLD WAR ON TERRORISM)(NEWS BRIEFS)
December 7, 2001... State and local governments will have to share the burden for new homeland defenses, Tom Ridge (right) said Thursday, though the federal government will make a big down payment. "We can't do it all. Responsibilities and costs have to be...
U.N. Approves Afghan Unity Gov't.(WORLD WAR ON TERRORISM)(NEWS BRIEFS)
December 7, 2001... The Security Council unanimously endorsed a power-sharing agreement for a temporary post-Taliban government and called on all Afghan groups to fulfill its goal of restoring peace. The council declared its willingness to back implementation of...
Powell Sees Peacekeepers Soon.(WORLD WAR ON TERRORISM)(NEWS BRIEFS)
December 7, 2001... Secretary of State Colin Powell also said the fall of the last Taliban stronghold helps usher in "the return of legitimate government" in war-torn Afghanistan. Powell said the U.S. has begun talks with other nations on the shape of the...
Man Who Helped Hijackers Guilty.(WORLD WAR ON TERRORISM)(NEWS BRIEFS)
December 7, 2001... A man who helped two of the Sept. 11 hijackers fraudulently obtain Virginia ID cards also misled FBI agents into believing other attacks were imminent, a prosecutor said. Luis Martinez-Flores, 28, pleaded guilty to document fraud linked to...
Shula At A Glance.(LEADERS & SUCCESS)
December 7, 2001... Shula At A Glance
Born: 1930, Grand River, Ohio.
Education: B.S. in social science from John Carroll University, Ohio, in 1951; masters in physical education from Case Western Reserve University in Cleveland in 1954.
...
Practice Perfect Integrity.(LEADERS & SUCCESS)(IBD'S 10 SECRETS TO SUCCESS)
December 7, 2001... Byline: Amy Alexander
10 Integrity, like a big shawl, is woven throughout our lives, from one minute to the next.
Each interaction, choice and statement is a chance to build upon -- or unravel -- your best intentions, says Linda...
Don Shula Pursued Perfection Focus On Goals: Football coach was relentless in intensity, preparation.(LEADERS & SUCCESS)
December 7, 2001... Byline: MICHAEL MINK
Many believe perfection is an aim. Don Shula thought it was a necessity.
In 1972, his Miami Dolphins went 17-0 and won Super Bowl VII. It remains the only undefeated season in National Football League history....
TECHBITS.(INTERNET & TECHNOLOGY)
December 7, 2001... Byline: Donna Howell
Goner Worms Way Into Trouble
Early tallies show the e-mail worm of the week, Goner, has done about $5 million in damage.
Who got Goner? "Right now it looks like about 6% or 7% of the 600,000 computers that...
Reducing Debt Can Cost Shareholders A company's recapitalization moves can be good, bad or ugly for equity holders.(INTERNET & TECHNOLOGY)
December 7, 2001... Byline: JED GRAHAM
In the quarter leading up to last week's equity-killing recapitalization plan, XO Communications Inc. tried to turn investor skepticism to its advantage.
With its bonds trading at a fraction of their face value,...
Micron-Hynix Pact Would Help Troubled Memory-Chip Field Two Market Leaders In Talks Analysts say the industry must push consolidation to offset boom-bust cycle.(INTERNET & TECHNOLOGY)
December 7, 2001... Byline: JAMES DETAR
Talks between memory chipmakers Micron Technology Inc. and South Korea's Hynix Semiconductor Inc. are proceeding, but at a cautious pace, a Micron spokesman says.
Boise, Idaho-based Micron, the last major U.S....
A Once-Hot Incubator Making A Comeback Despite Dot-Com's Fall Internet Capital Rebounding Company almost crushed when B2B field crashed, but proved to be survivor.(INTERNET & TECHNOLOGY)
December 7, 2001... Byline: JED GRAHAM
Once upon a time, Internet Capital Group had a $50 billion market cap, more than a billion in the bank and countless friends and family -- not to mention investment bankers -- eager to share its IPO bounty.
But the...