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Pick The Strongest Stock In Its Pack.(A)(INVESTOR'S CORNER)
February 1, 2002... Byline: DAVID SAITO-CHUNG
Every bull market has, and probably will, differ from the one before it. But that doesn't mean you should adjust your strategy on choosing good stocks.
As always, find an industry sector that has taken the...
Personal Incomes Rise 0.4% As Outlays Ease, Lifting Recovery Hopes Consumers In Good Shape? With incomes up briskly, people can spend even if some needs are satisfied.(A)
February 1, 2002... Byline: DONALD H. GOLD
Personal incomes rose 0.4% in December, the first gain since August, the Commerce Department said Thursday in another positive sign for an economy struggling to get back on its feet.
The government also reported...
IBD's "Big Money' Gets Sharper Focus.(A)
February 1, 2002... In order to highlight the market's best stocks, IBD is improving Where The Big Money's Flowing. The tables for leading NYSE and Nasdaq stocks will become more relevant and restrictive Monday. Stocks up in volume must have EPS and RS Ratings of...
Why Top Managers Move Fast In Integrating Firms They Buy Stericycle, MedImmune knew they weren't just adding another division.(A)(MANAGING A SUCCESSFUL COMPANY)
February 1, 2002... Byline: GLORIA LAU
In these practical times, most mergers are marriages of money and property.
The unions are not for true love, despite what executives say about "synergies," "speaking the same language" or sharing a "culture."
...
IBD'S TOP 10.(A)
February 1, 2002... Incomes Rise, But Spending Dips
1Personal incomes rose 0.4% in Dec., led by a 0.6% climb in wages, a clue the labor market may be stabilizing. Personal spending fell 0.2%. As 0% auto financing fades, the loss of car sales weighs on results....
AFTER THE CLOSE.(TO THE POINT)
February 1, 2002... CHEESECAKE FACTORY earned 22 cents a share in Q4, up 22% and 2 cents above views.
STARBUCKS same-store sales grew 7% in Jan., its best showing in 12 months.
BORDERS' Q4 same-store sales rose 3.3%. It backed Q4 views of $1.33 a share,...
BUSINESS BRIEFS.(TO THE POINT)
February 1, 2002... CHEMICALS
Dow Chemical lost 1 cent in Q4
Analysts expected the chemical firm to earn a nickel, ex-items. Dow Chemical earned 36 cents a share a year ago. Sales fell 12% to $6.3 bil due to weak demand and lower operating rates. Dow...
BUSINESS BRIEFS.(TO THE POINT)
February 1, 2002... ENERGY
Enron workers press 401(k) suit
They asked a bankruptcy judge to let their case go forward, saying Enron has a $1 bil liability for workers' retirement losses. They also want a ban on Enron using insurance proceeds to pay...
BUSINESS BRIEFS.(TO THE POINT)
February 1, 2002... LEISURE
Multimedia's profit, sales rocket
The interactive bingo game maker earned 49 cents a share in Q1 vs. 6 cents a year ago. That beat views by 8 cents. Sales soared 173% to $59 mil, its fourth straight quarter of faster growth....
BUSINESS BRIEFS.(TO THE POINT)
February 1, 2002... FINANCE
Accounting fears squash M&A
Firms are spending so much time accounting properly for past acquisitions that future deals took a back seat in Jan., research firm Thomson Financial said. After a burst of merger activity in Dec.,...
THE ECONOMY.(TO THE POINT)
February 1, 2002... U.S. mortgage rates rise again
The 30-year fixed rate rose 6 basis points to 7.02% this week. The 15-year mortgage rose 7 points to 6.51%. One-year adjustables rose 2 points to 5.12%. A year ago, the 30-year rate was 7.09%, the 15-year...
IN BRIEF.(TO THE POINT)
February 1, 2002... M/I Schottenstein Homes earned $1.91 in Q4, up 20% and 9 cents over views. Sales rose 10% to $309.4 mil. The home builder rose 0.99 to a high of 57.50. Ten builders hit 52-week highs Thursday.
Kmart set July '03 as its target date to emerge...
NATION.(TO THE POINT)
February 1, 2002... Rumsfeld is wary of more attacks
Defense Secretary Donald H. Rumsfeld said the U.S. must prepare now for potential surprise attacks "vastly more deadly" than those on Sept. 11. Rumsfeld said the U.S. is vulnerable to new terrorism from...
WORLD.(TO THE POINT)
February 1, 2002... Bush call fuels more Mideast ire
President Bush renewed his call to Iran, Iraq and North Korea to "get their house in order." Iraq's official Al-Iraq newspaper called the U.S. "the sole evil on earth," and Iran's Supreme Leader Ali...
TRENDS & INNOVATIONS.(TO THE POINT)
February 1, 2002... Glaxo to start HIV vaccine trials The British drug maker later this year will enroll healthy adults who haven't been exposed to the virus. The GlaxoSmithKline vaccine consists of two key proteins found on the virus as well as an "adjuvant"...
TRENDS & INNOVATIONS.(TO THE POINT)
February 1, 2002... Advanced Cell Technology constructed miniature kidneys that seem to function like genuine organs. It used building material from cloned cow embryos.
Dinosaurs were born to run, some at speeds of up to 19 mph for short bursts, University of...
Arcaro At A Glance.(LEADERS & SUCCESS)
February 1, 2002... Arcaro At A Glance
Born: 1916 in Cincinnati.
Died: 1997 in Miami.
Education: Left school at 13.
Achievements:
Became the only jockey to win two Triple Crowns.
Captured 17 victories in Triple Crown races five Kentucky...
Duncan Hines Whipped Up Expectations Innovate To Succeed: Entrepreneur's insistence on high quality transformed the hospitality industry.(LEADERS & SUCCESS)
February 1, 2002... Byline: KATHRYN LINDERMAN
It was 1935, and Duncan Hines and his wife, Florence, were at a loss. What on earth could they give friends for Christmas?
The couple was tired of sending the same old holiday cards everyone else sent. But...
TAKE RESPONSIBILITY Twenty-Something Myth.(LEADERS & SUCCESS)(IBD'S 10 SECRETS TO SUCCESS)
February 1, 2002... Byline: Amy Alexander
10 Twenty-somethings. They were children during the go-go 1980s, graduated from college to launch their professional careers in the middle of the dot-com craze and got a bad reputation in the process. They're...
Eddie Arcaro Had Horse Sense Focus On Goals: Jockey used his rapport with mounts in effort to win every race.(LEADERS & SUCCESS)
February 1, 2002... Byline: MICHAEL RICHMAN
Eddie Arcaro knew there were good, strong jockeys. He knew there were also good, intelligent jockeys. But there weren't many who combined those assets. And none who did so on a regular basis.
So he would.
...
Disaster Spurs Recovery Field Protecting data continues to be a top priority after Sept. 11.(INTERNET & TECHNOLOGY)
February 1, 2002... Byline: BRIAN DEAGON
It's an old story that recently has become the talk of the town. Disaster recovery planning, traditionally loathed as another form of business insurance, is showing up as a top business priority this year.
The...
Top Pollsters Disagree On Using Web For Surveys.(INTERNET & TECHNOLOGY)
February 1, 2002... Byline: GARY M. STERN
Harris Interactive, the polling/market research company formerly known as Louis Harris & Associates, sees the future on the Internet.
But the rival Gallup Organization, says 37% of Americans lack Net access,...
Enron Collapse Took The Energy Out Of Bandwidth Trading Fledgling Concept On Hold But observers do expect a return at some point in trading of Net capacity.(INTERNET & TECHNOLOGY)
February 1, 2002... Byline: ANTONIO A. PRADO
The recent collapse of Enron Corp. has cast a dark cloud over what some say was an already dour market for bandwidth trading.
But backers of trading Internet traffic capacity as a commodity aren't ready to...
Sunday's Super Bowl Won't Be Just A Game For Some Tech Firms It's A Showcase Beyond Ads Big event's security effort uses advanced biometrics, will be interactive TV test.(INTERNET & TECHNOLOGY)
February 1, 2002... Byline: NANCY GONDO
What bigger event than the Super Bowl to showcase -- or test -- a new technology?
Last year, football fans were treated to a Viisage Inc. biometrics system called Facefinder. It scanned their faces and matched them...
Many Uses For Multiple Monitors Easy-To-Use Feature Windows software has built-in option for using more than one monitor.(INTERNET & TECHNOLOGY)(COMPUTERS MADE PLAIN)
February 1, 2002... Byline: NANCY GONDO
Anyone who's tried to work on a report or spreadsheet while referencing a Web page knows how annoying it can be.
You have to keep clicking back and forth between windows. It can be especially tricky if you're typing...
IBM's Linux Mainframe Helps Users Slash Costs.(INTERNET & TECHNOLOGY)
February 1, 2002... Byline: DOUG TSURUOKA
With firms looking to cut costs in tough times, IBM Corp. says it can help by taking mainframes to a new step.
The company says it's making mainframes less expensive and easier to run by coming out with the first...
Sycamore Exec Sees A Continuing Demand For Optical Products Key Is Landing Big Customers Early bandwidth-trading customers included Enron, Williams and 360networks.(INTERNET & TECHNOLOGY)(Q & A)
February 1, 2002... Byline: MIKE ANGELL
Is optical telecom gear maker Sycamore Networks Inc. ready to branch out?
A highflying stock in 1999, Sycamore enjoyed early success with customers like Williams Communications Group Inc., 360networks Corp. and...
NEW AMERICA REVISITED Good News, Bad News For Drug Maker.(THE NEW AMERICA)(NEW AMERICA REVISITED)
February 1, 2002... Byline: Marilyn Alva and Steve Watkins
Sales were anything but depressed for Dr. Reddy's Laboratories Ltd. (New America, Nov. 9) in the fiscal third quarter ended Dec. 31.
Thanks in part to its 40-milligram generic version of the...
GENTIVA HEALTH SERVICES INC. Melville, N.Y. Health Firm's Plan: Slim And Slimmer Another Unit Gets Sold It continues a strategy to shed fat and focus on the core business.(THE NEW AMERICA)
February 1, 2002... Byline: KIRK SHINKLE
Has Gentiva Health Services Inc. finally finished slimming down?
The home health services firm has been selling off businesses for years. Last month, it announced it would shed its specialty pharmaceuticals...
BRINKER INTERNATIONAL INC. Dallas, Texas As Others Retreat, This Company Advances.(THE NEW AMERICA)
February 1, 2002... Byline: MARILYN ALVA
A lot of companies tighten their belts during a sluggish economy. Not Brinker International Inc.
The parent company of Chili's Grill & Bar and six other casual-dining concepts takes a more expansive approach.
...
KEY FUND HOLDINGS.(MUTUAL FUNDS)
February 1, 2002... Key Fund Holdings / Christopher & Banks was a top new buy and JDA Software a top holding of Liberty Acorn Fund as of the latest reporting period. Christopher & Banks posted earnings increases of 24% and 32% in each of the past two quarters. Net...
Fund Firms Tally Bearish Year Most Saw Earnings Fall Right product mix and distribution were key to those posting growth.(MUTUAL FUNDS)
February 1, 2002... Byline: CLAIRE MENCKE
Some fund companies led a round of applause for employees when they reported earnings recently. Others breathed a sigh of relief that the year was over. Yet others had a lot of explaining to do.
The bear market...
Stock Funds Took Back Seat In January Small And Simple Sought Many of top funds' winners were mounting rebounds from very depressed levels.(MUTUAL FUNDS)
February 1, 2002... Byline: CLAIRE MENCKE
January wasn't kind to stock funds. Optimism over a coming recovery wasn't enough to carry the day.
First came concerns of earnings quality. Then fear of more Enron-type meltdowns punished stock funds. As it did,...
Wealthonomics.(ISSUES & INSIGHTS)(EDITORIALS)
February 1, 2002... Fiscal Policy: It seems you can't mention taxes and spending without touching off class warfare at its most strident. A new perspective is needed.
In their public words, politicians of both stripes agree on some basic points. A job is...
Protection Racket.(ISSUES & INSIGHTS)(EDITORIALS)
February 1, 2002... Money Politics: Terry McAuliffe still hasn't explained his Global Crossing bonanza. But it's easy to find his views on campaign finance reform.
Borrowing a page from his mentor, Bill Clinton, Democratic Party chief McAuliffe is simply...
LETTERS.(ISSUES & INSIGHTS)
February 1, 2002... Doing It For The Oil
From "Double Game" (Editorial, Jan. 17), it sounds like Sen. Carl Levin, D-Mich., is unfamiliar with where our bases are in the Middle East. He claims that the U.S. troops should leave Saudi Arabia if they don't want...
Best Weapon In Terror War? High Tech, Says NCR's Hurd.(ISSUES & INSIGHTS)(NATIONAL ISSUE)
February 1, 2002... Byline: PETER BENESH
The FBI was quick to identify the hijackers in the days after Sept. 11. The Immigration and Naturalization Service found out how they got into the country. But nobody had connected the dots before the fact.
The...
THE REAL MOST ACTIVE Breakouts Pop Up, NYSE Trade Doesn't.(MAKING MONEY)
February 1, 2002... Byline: JONAH KERI
A day after hearing reassuring words from the Federal Reserve, NYSE stocks rose again Thursday. The Dow added 1.6% and the S&P 500 1.5% after the Fed expressed optimism for an economic recovery. NYSE volume fell sharply,...
THE REAL MOST ACTIVE Nasdaq Edges Higher, Stops Shy Of 200-Day.(B)
February 1, 2002... Byline: Christina Wise
The Nasdaq fought its way higher Thursday, tacking on 1.1%.
Earnings scores determined the fate of many of the day's biggest movers. These included OSI Systems, which shot out of a nine-week base as it popped up...
Whole Foods Moves Back Above 50-Day.(B)(NASDAQ STOCKS IN THE NEWS)
February 1, 2002... Byline: Christina Wise
New York Community Bancorp saw its yearlong climb come to an abrupt halt in late August. By Sept. 20 it had fallen to as low as 16.25 a share. It's since worked its way back to within 12% of its high.
The firm is...
A New View Of Truly Active Stocks.(A)(INVESTOR'S CORNER)
February 4, 2002... Byline: CHRISTINA WISE
In the wake of the vicious bear market, investors are demanding better-quality stocks.
Gone are the days when a company with a string of losses -- and no real hope of turning a profit in the near future -- saw...
Jan. Jobless Rate Fell To 5.6%, Ending 8-Mo. Rise; Job Cuts Slowed Loss Of 89,000 Is Still High Data show payrolls likely to lag even as recovery for factories gains steam.(A)
February 4, 2002... Byline: DONALD H. GOLD
The jobless rate fell to 5.6% in January from December's 5.8%, the first drop in eight months, the Labor Department said Friday.
And fewer jobs were lost. Employers cut just 89,000 nonfarm jobs, the smallest loss...
IBD's "Big Money' Gets Sharper Focus.(A)
February 4, 2002... In order to highlight the market's best stocks, IBD is improving Where The Big Money's Flowing. The tables for leading NYSE and Nasdaq stocks will become more relevant and restrictive Monday. Stocks up in volume must have EPS and RS Ratings of...
Marketing Basics: The Four P's Are As Relevant Today As Ever They force you to pose important questions on where you're heading.(A)(MANAGING A SUCCESSFUL COMPANY)
February 4, 2002... Byline: STEVE WATKINS
Harley-Davidson was at the brink in 1985 -- days from bankruptcy.
New financing stemmed the tide. But to turn around its operations, Harley had to get back to basics. Its efforts over the past decade come right...
IBD'S TOP 10.(A)
February 4, 2002... Jobless Rate Fell To 5.6% In Jan.
1It was down from Dec.'s 5.8%. Experts expected 5.9%. But many job seekers gave up or delayed their search, making the statistic look better. There were 89,000 jobs lost, mostly in manufacturing. That was...
AFTER THE CLOSE.(TO THE POINT)
February 4, 2002... CONTINENTAL AIR'S Jan. load factor rose 3 points to 70.1% from Jan. '01 as air traffic continues to recover from Sept. 11.
GOODYEAR TIRE closed a plant in the Philippines that employed 175 people. It blamed market softness.
PRUDENTIAL...
BUSINESS BRIEFS.(TO THE POINT)
February 4, 2002... BUSINESS SERVICES
TMP's accounting practices eyed
TMP Worldwide fell 4.36, or 10%, to 38.21 after Forbes said the ad and marketing firm "glosses" over one-time merger costs to boost results. Forbes said TMP, which owns Net jobs site...
BUSINESS BRIEFS.(TO THE POINT)
February 4, 2002... TRANSPORTATION
UAL loss mushrooms, tops views
The No. 2 U.S. carrier lost $11.47 a share vs. a $2.41 loss a year ago. Analysts expected a loss of $14.96. Revenue slid 40% to $2.9 bil. It sees another "significant loss" in Q1. Feb.'s...
BUSINESS BRIEFS.(TO THE POINT)
February 4, 2002... TECHNOLOGY
Adobe up 7% on key Accelio buy
Adobe Systems will buy electronic forms company Accelio for $72 mil. It's the desktop publisher's third strategic deal in two months as it uses the tech slowdown to bolster key growth areas....
BUSINESS BRIEFS.(TO THE POINT)
February 4, 2002... FINANCE
Accounting firms back some limits
Big Five firms PricewaterhouseCoopers, Arthur Andersen and KPMG now support plans to prevent them from providing certain consulting services to audit clients. The move comes as the accounting...
THE ECONOMY.(TO THE POINT)
February 4, 2002... ECRI weekly leading index dives
It fell to 119.4 in the Jan. 25 week from 121 the week before. The Economic Cycle Research Institute's activity gauge was weighed by more jobless claims and fewer mortgage originations. And bond spreads...
IN BRIEF.(TO THE POINT)
February 4, 2002... AT&T Wireless was to launch its "mLife" ad campaign during the Super Bowl, but MetLife sued to block it, claiming a similarity to its trademark.
No. 1 U.S. dairy Dean Foods is in talks with investors to take its pickle business private,...
NATION.(TO THE POINT)
February 4, 2002... Bush still wants stimulus package
He voiced his wishes despite Fed Chairman Alan Greenspan's comments questioning the need for a stimulus. "I believe we're still not out of our economic problems," Bush said. "The economy is still soft. Too...
WORLD.(TO THE POINT)
February 4, 2002... Hostage reporter's fate unclear
Conflicting reports emerged on the Wall Street Journal's Daniel Pearl. Pakistani police said the U.S. Consulate got a ransom demand and an e-mail claiming he had been killed. U.S. officials said they had no...
TRENDS & INNOVATIONS.(TO THE POINT)
February 4, 2002... Economic Forum sees grim future
Scientists at the World Economic Forum predicted the spread of biological threats, global warming and the possible takeover of humans by robots. U.K. experts were especially concerned about new biological...
TRENDS & INNOVATIONS.(TO THE POINT)
February 4, 2002... Suicide is most common when there is plenty of sunshine, a Harvard study showed. The findings suggest environmental factors beyond behavioral ones may also trigger suicide.
Kids who play sports in areas with high levels of air pollution are...
Porter At A Glance.(LEADERS & SUCCESS)
February 4, 2002... Porter At A Glance
Born: 1891 in Peru, Ind.
Died: 1964 in Santa Monica, Calif.
Education: Graduated from Yale University in 1913. Attended Harvard University's school of music.
Achievements:
Considered one of the best...
HOW YOU THINK IS EVERYTHING Use Structure To Solve Problems.(TO THE POINT)(IBD'S 10 SECRETS TO SUCCESS)
February 4, 2002... Byline: Cord Cooper
1 Become a strong problem-solver and you've won half the battle in management, according to two alumni of the world-renowned management/coaching firm McKinsey & Co., headquartered in New York City.
Two keys to...
Cole Porter Tickled The Ivories With Grace Drive To Succeed: Passion and perseverance led this composer to produce Broadway and film hits for four decades.(LEADERS & SUCCESS)
February 4, 2002... Byline: J. BONASIA
Cole Porter had no time for convention.
Others wrote upbeat tunes, but Porter disdained the sappy lyrics they included. He wanted witticism. He wanted humor. And he was determined to bring that out in his music.
...
Perot Systems Succeeds In Tough Times By Helping Clients Cut Costs.(INTERNET & TECHNOLOGY)(Q & A)
February 4, 2002... Byline: J. BONASIA
Ross Perot Jr. wears a size 10 1/2D, which is good, because the chief executive of Perot Systems Corp. has some big shoes to fill.
Perot's famous father, two-time presidential candidate Ross Perot, founded the...
Accelio Buy Gives Adobe Inside Track In Form Field.(INTERNET & TECHNOLOGY)
February 4, 2002... Byline: PATRICK SEITZ
Desktop publishing king Adobe Systems Inc. made its third key deal in two months Friday. It agreed to buy electronic-forms company Accelio Corp.
Adobe, the second largest desktop software maker behind Microsoft...
HP Looks To Gain Ground In Multifunction Printers New Focus On So-Called MFPs As market picks up steam, HP hopes to grab sales from leaders Canon, Xerox.(INTERNET & TECHNOLOGY)
February 4, 2002... Byline: MURRAY COLEMAN
Behold the office printer -- while you can. Printers, copiers, faxes and scanners are being phased out in favor of multifunctional machines that do all those tasks.
Copier leaders Canon Inc. and Xerox Corp. have...
Bad Year, Good Quarter For Venture Capital Q4 Investments Increased Despite a sizable decline, 2001 ends up ranked as third best of all time.(INTERNET & TECHNOLOGY)
February 4, 2002... Byline: ANTONIO A. PRADO
Though venture capital investing plunged in 2001, the year finished as the third strongest on record. And funding actually rose in the fourth quarter, a new report says.
Start-ups received more than $7.1...
PANERA BREAD CO. Richmond Heights, Missouri Hey, Burgers: You Wanna Fight About It?(THE NEW AMERICA)
February 4, 2002... Byline: ADELIA CELLINI LINECKER
For years, food experts have predicted the demise of the burger. It hasn't happened yet, and it probably won't soon.
Still, some observers say the old favorite might be in for a run for its money. Food...
DEL LABORATORIES INC. Uniondale, New York Cosmetics Supplier Nails A Hot Market.(THE NEW AMERICA)
February 4, 2002... Byline: MARILYN MUCH
Marketers at Del Laboratories Inc. knew they could make a splash with a new metallic nail polish line launched early last year.
But they didn't know that the product, Sally Hansen Chrome Nail Makeup, would become...
COMMERCE BANCORP INC. Cherry Hill, New Jersey It's A Bank, It's A Retail Firm, It's . . . Both?(THE NEW AMERICA)
February 4, 2002... Byline: STEVE WATKINS
To hear Vernon Hill talk about same-store sales growth, location, service and convenience, you'd swear he was running some fast-growing retailer.
But Hill is chairman and president of Commerce Bancorp Inc. He just...
KEY FUND HOLDINGS.(MUTUAL FUNDS)
February 4, 2002... Key Fund Holdings / DRS Technologies was a top holding of Target Small Cap Value Portfolio as of the latest reporting date. The stock is within 10% of its Oct. 8 high of 46.10. Earnings rose 67% and 70% the past two quarters. Analysts see net...
Tech Managers Cautious Near Term Fundamentals Still Shaky But over the longer haul, tech revolution still intact despite tough bear market.(MUTUAL FUNDS)
February 4, 2002... Byline: KEN HOOVER
The old lions of technology led stocks higher after the post-Sept. 11 sell-off, giving brief cheer to investors who had lost a bundle in the bear market.
Intel, Dell Computer and Cisco Systems doubled in the last...
Now And Forever.(ISSUES & INSIGHTS)(EDITORIALS)
February 4, 2002... Fiscal Policy: President Bush's call to make his tax cut permanent is the right step. He should also make it immediate, and expand it.
It won't be easy. In one of the few instances where partisanship was clear during the State of the...
Slide In California.(ISSUES & INSIGHTS)(EDITORIALS)
February 4, 2002... Education: The University of California's slide toward low standards continues. One of its main faculty committees proposes junking the SAT exam.
The university's Academic Council wants the UC Board of Regents to approve this summer a plan...
Lies And Statistics.(ISSUES & INSIGHTS)(EDITORIALS)
February 4, 2002... Equity: A couple of lawmakers made quite a media splash last month with a glass ceiling report. But their claims don't hold up.
Women still lag behind men when it comes to pay, say Reps. John Dingell, D-Mich., and Carolyn Maloney, D-N.Y.,...
Liberal Racism? The Left Scorns Minorities Who Aren't An Echo.(ISSUES & INSIGHTS)(VIEWPOINT)
February 4, 2002... Byline: LARRY ELDER
Do white liberals think blacks are too stupid to reason for themselves?
Tom Hayden, former California state senator and 1960s radical, ran for mayor of Los Angeles a few years ago. On a campaign swing in a San...
Enron's Political Toll Grows As White House Keeps Quiet.(ISSUES & INSIGHTS)(NATIONAL ISSUE)
February 4, 2002... Byline: SEAN HIGGINS
So far, the Enron scandal in Washington has lacked one major ingredient: evidence of scandal.
When it broke late last year, the White House's critics salivated at the opportunity to link it to the energy giant's...
THE REAL MOST ACTIVE NYSE Stocks Digest Gains To End Week.(MAKING MONEY)
February 4, 2002... Byline: JONAH KERI
NYSE stocks digested some recent gains on lighter volume Friday, ending a two-day winning streak. The Dow fell 0.1%, but rose 0.1% for the week. The S&P 500 lost 0.7% Friday and 0.1% for the week.
Waste Management...
THE REAL MOST ACTIVE Nasdaq Stocks Finish Lower On Lighter Volume.(B)
February 4, 2002... Byline: CHRISTINA WISE
Nasdaq stocks slipped lower Friday amid mixed economic reports. The composite index finished the day down 1.2%.
Traders unloaded retailers, including United Stationers, which fell 2.38 to 37.04 on nearly four...
Career Education Tops Estimates, Hits High.(B)(NASDAQ STOCKS IN THE NEWS)
February 4, 2002... Byline: Christina Wise
Career Education shot out of a seven-week consolidation Friday, notching a new closing high.
The move came after the for-profit, post-secondary education chain weighed in with fourth-quarter earnings of 42 cents...
Patience Drives Profits For Motor City Investor.(THE SMART INVESTOR)(IBD INVESTOR PROFILE)
February 4, 2002... Byline: KEN HOOVER
With his first child on the way, Brian Bass figures investing is going to be important to him for a long time.
He hopes his stock market success will help him lead a better life, educate his children and enjoy a...
IBD'S 20 RULES FOR INVESTMENT SUCCESS.(THE SMART INVESTOR)
February 4, 2002... 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...
Bear Couldn't Halt Green Mountain.(THE SMART INVESTOR)(WINNING WAYS)
February 4, 2002... Byline: KEN HOOVER
Investing in a bear market is a dangerous game. Most stocks tank along with the general market. But occasionally, the skillful investor can score a quick winner, which wakes up a portfolio like a morning cup of java.
...
Big Winners Start Their Move Quietly.(A)(INVESTOR'S CORNER)
February 5, 2002... Byline: JONAH KERI
Investors love to say "What if?" with great stocks of the past. Yet it's also a futile exercise.
"What if I'd bought Cisco Systems during its first breakout in October 1990, or even a few years after that?" Buy a...
Bush's 2003 Budget Sees Jump In Defense Outlays, More Deficits Overall Spending Rises 3.7% To pay for anti-terror war, many domestic programs will see budgets reined in.(A)
February 5, 2002... Byline: JOSEPH GUINTO
The war on terror now has a price tag. And it's large enough to put the budget in the red next year.
President Bush's 2003 budget, released Monday, calls for the biggest one-year surge in military spending in two...
Why Bother With Stock Analysts If They Liked Enron As It Died? They do offer research and earnings guidance, but aren't great sleuths.(A)(WRONG TURN ON WALL ST.)
February 5, 2002... Byline: KEN HOOVER
Fresh from embarrassment over their coziness with failing Internet companies, Wall Street analysts have egg on their faces again because they touted Enron practically to the end.
Analysts stayed high on the stock as...
IBD'S TOP 10.(A)
February 5, 2002... NYSE Fears Spread Into Nasdaq
1Tumbling techs joined embattled NYSE losers like Tyco on the downside. The Nasdaq skidded 2.9% as volume picked up slightly. That took out last week's Nasdaq low, killing its attempted rally. The Dow lost...
AFTER THE CLOSE.(TO THE POINT)
February 5, 2002... THE LIMITED will buy up the rest of Intimate Brands. It now owns 84%. Limited will swap 1.046 shares per Intimate share, or $18.57 based on Monday's close. Also, Limited's Jan. same-store sales and Q4 net will top views.
SPRINT PCS lost 32...