Investor's Business Daily articles from February 2003

Investor's Business Daily archives from February 2003

Review Good Sell Rules For All Kinds Of Markets.(A)(INVESTOR'S CORNER)
February 3, 2003... Byline: DAVID SAITO-CHUNG This series has aimed to help every investor know the value of good sell rules. If individual investors used them these past few years, just imagine how much in losses could have been avoided. Of course,...

Midwest Industry Stirs, Consumer Still Buying In Hopeful New Signs But View Remains Cautious Factory payrolls are weak, Michigan sentiment index takes a downward turn.(A)
February 3, 2003... Byline: JED GRAHAM Midwest factory activity surged in January even as consumer expectations fell to their lowest level since November 1993, two separate economic reports revealed Friday. Yet despite their increasingly gloomy outlook,...

Applied Materials Sees Order Shortfall, Dashing Hopes For Industry's Recovery Q1 Orders Off 35% From Q4.(A)
February 3, 2003... Byline: JAMES DETAR Applied Materials Inc. on Friday dashed hopes for even a mild near-term recovery in chip gear, saying its latest orders came in far below expectations. The No. 1 maker of equipment used to manufacture chips...

AFTER THE CLOSE.(A)(AFTER THE CLOSE)
February 3, 2003... VIVENDI UNIVERSAL is mulling an offer by Marvin Davis for its U.S. entertainment assets, after rejecting a $20 bil bid, Bloomberg reported. ENERGY EAST earned 54 cents in Q4, down 3 cents from a year ago but 18 cents above views. The...

BUSINESS BRIEFS.(A)
February 3, 2003... TECHNOLOGY EBay unveils buyout, partner plan The online auctioneer is buying certain assets of Carad.com, which runs online auction management services for car dealers. Financial terms weren't given. EBay also struck a deal to be the...

BUSINESS BRIEFS.(A)
February 3, 2003... MEDIA AOL may shed music, other units Published reports say the ailing media giant is mulling such a move to cut its $26 bil debt. In addition to Warner Music, its magazine and online units may go on the market. The firm is already...

BUSINESS BRIEFS.(A)
February 3, 2003... TRANSPORTATION Airborne soars 20% on Q4 profit The express-delivery firm earned 25 cents, well above last year's 5 and views for 6. Revenue rose 12% to $897 mil. Airborne cited a pickup in ground deliveries, cost cuts and lower fuel...

THE ECONOMY.(A)
February 3, 2003... Fed: mortgage credit tightening Of the 79 banks that responded, 11.1% reported tighter home mortgage standards, up from 10% last quarter. The past two polls revealed the first signs of tighter mortgage credit "in over a decade," the Fed...

NATION.(A)
February 3, 2003... Net security expert sees trouble Richard Clarke, the top cybersecurity adviser to President Bush, confirmed he's resigning and warned colleagues about the destructive effects of future attacks on the Internet. Clarke cited damage from the...

WORLD.(A)
February 3, 2003... Turkey paves way for U.S. troops The National Security Council endorsed basing foreign troops in the country, opening the way for GIs to use Turkey as a base against Iraq. It also called for making it possible to send Turkish soldiers...

TRENDS & INNOVATIONS.(A)
February 3, 2003... FDA to streamline medical OKs The agency wants to cut down on rejections of drugs, vaccines and medical devices by making clearer from the start what it expects in the testing process. It'll also train reviewers better and issue new...

TRENDS & INNOVATIONS.(A)
February 3, 2003... ** More U.S. servicemen are freezing their sperm, according to several fertility clinics. Many being deployed to Iraq are afraid of becoming sterile from vaccines or chemical exposure. Some studies have suggested such a link. ** India...

Time For A Facts Audit.(A)(IBD 10 SECRETS TO SUCCESS)
February 3, 2003... Byline: Cord Cooper 1To expand your market niche, ask the tough questions. Then fine-tune strategy and product lines based on honest answers. Gather your team's best and brightest, Brian Tracy suggests in "Victory," and home in on the...

Gruden Goes Somewhere Fast Coach To Win: His young enthusiasm leads Tampa Bay to football's peak.(A)
February 3, 2003... Byline: MICHAEL MINK Jon Gruden has one message for his players: They can -- and will -- excel on the football field. He challenges them to do exactly that every day. Just ask the man many consider the game's greatest player ever,...

Take A Lesson From EBay In Buying, Selling Fourth Year Of Classes.(A)
February 3, 2003... Byline: PETE BARLAS Are you ready for eBay U? Last month, eBay Inc., the world's largest online auctioneer, started its fourth annual university program. A group of roving instructors hold on-site classes at various U.S. cities...

Firms Rushing To Offer High-Speed Internet Service.(A)
February 3, 2003... Byline: PETE BARLAS Companies are finally using the words "cheap" and "broadband" in the same sentence. More and more firms are scrambling to sell high-speed Internet access, known as broadband, at cut-rate prices. Some are...

New Speedier Storage System From EMC Could Leave Rivals In Dust, Analysts Say Details To Emerge On Monday.(A)
February 3, 2003... Byline: BRIAN DEAGON A new line of storage products from EMC Corp. is expected to put the fear back in its competitors. EMC won't talk about what's coming until Monday, but enough information has leaked out to keep the storage industry...

Parsons Game Plan: Lower Expectations, Improve Gradually.(A)
February 3, 2003... Byline: THE ASSOCIATED PRESS In a conglomerate assembled by a cast of outsized personalities, AOL Time Warner Inc. chief Richard Parsons is showing shareholders how he'll play the lead: with cautious realism and a deliberate absence of...

Market Tracker Says Tech Growth Predictions Were On The Mark.(A)(Q AND A)
February 3, 2003... Byline: MIKE ANGELL It's tough to make predictions, especially about the future. Just ask George Colony. As the chief executive of Forrester Research Inc. in Cambridge, Mass., Colony is paid to predict the impact of technology on...

Big Blue, AOL Strengthening Messaging Link.(A)
February 3, 2003... Byline: DOUG TSURUOKA IBM Corp. and America Online are making it easier for their business-based instant messaging systems to mesh. The two companies are conducting a test that will make it easier for the users of their two systems to...

Microsoft Giving Passport Users More Control Over Data Result Of Pressure From EU EU said the software raised concerns about legalities, as well as security of data.(A)
February 3, 2003... Byline: THE ASSOCIATED PRESS Microsoft Corp. will give all users of its Passport online authentication system more control over how their personal information is shared, following months of discussions with the European Union. Among...

ABERCROMBIE & FITCH CO. New Albany, Ohio Retailer Surprises Street By Raising Views.(A)
February 3, 2003... Byline: MARILYN MUCH Pounded by the worst holiday season in 30 years, many major retailers cut earnings views for the most recent quarter. Not Abercrombie & Fitch Co. On Jan. 9, the young men and women's clothes chain surprised...

Burger Chain One-Ups Top Rival.(A)
February 3, 2003... Byline: FROM IBD NEWS SERVICES Wendy's International Inc. (New America, Feb. 21, 2001) on Friday reported a 2% gain in fourth-quarter earnings, thanks mostly to strong sales at its namesake hamburger chain and its Canadian chain of Tim...

Few Funds Resist Market's Downdraft Bonds And Stocks Hit Diversified stock funds sink 4% in latest week as real estate slows slide.(A)
February 3, 2003... Byline: DAN MOREAU Reflecting a stock market in retreat, S&P 500 index mutual funds led other diversified stock funds lower, falling 4.79% in the week of Jan. 23-30, Lipper Inc. said. Big-cap growth mutual funds took the second-biggest...

A Gold Watch, Too?(A)(EDITORIALS)
February 3, 2003... Iraq: Talk is spreading of a possible "deal" to send Iraqi dictator Saddam Hussein into cozy exile, thus writing a neat end to a possible war. It would be a huge mistake. The latest rumor to sweep Washington is that Iraq wants to...

New Issues' New Low.(A)(EDITORIALS)
February 3, 2003... The Market: Just when we thought the new-issue market couldn't get any worse, it did. Not a single company came public in January. Reach for the paddles. Granted, January's never been a big month for IPOs. Like crocuses, they push up as...

Nimitz Asserts American Strength.(A)(NATIONAL ISSUE)
February 3, 2003... Byline: PETER BENESH A 1980 Hollywood film made a star of the USS Nimitz, the first in a class of nuclear aircraft carriers that will project American power for decades to come. The film, "The Final Countdown," flung the Nimitz and her...

A Symbol Of Strength, Resolve.(A)
February 3, 2003... Byline: Peter Benesh A product of the Cold War, the USS Nimitz entered service in 1975, seven years after construction began and 15 years before the collapse of Soviet and European communism. The Nimitz's official mission is: "To...

Dow's Gains Can't Erase Week's Loss.(B)
February 3, 2003... Byline: JONAH KERI A strong earnings report from Walt Disney Co. buoyed the Dow Friday, but the rest of the market, especially techs, posted another so-so day. The Dow industrials rose 1.4%, the S&P 500 1.3%, as NYSE volume closed about...

Nasdaq Sits Out Broad Gain After Earnings Warning.(B)
February 3, 2003... Byline: CHRIS GESSEL The stock market ranged from treacherous to tempting on Friday. Decent economic data helped the Dow industrials, S&P 500 and small-cap S&P 600 take the first step in another attempted rally. But chip-equipment...

Stocks Drop Back To 50-Day, Bounce Back.(B)
February 3, 2003... Byline: Jonah Keri Stock after stock has tried to break out lately, only to quickly wipe out its gains and fall below its pivot point. Rather than implode, though, many stocks have found support at their 50-day moving averages. In a...

Mild Loss Leaves Nasdaq With 3rd Down Week.(B)
February 3, 2003... Byline: CRAIG SHAW The Nasdaq ended a seesaw session down 0.1% Friday as a soft forecast from chip gear maker Applied Materials hurt sentiment. Volume rose. For the week, the index dipped 1.6%, its third down week in a row. Columbia...

X-Ray Inspection Firm Beats 2Q Profit Views.(B)
February 3, 2003... Byline: Craig Shaw OSI Systems rocketed after the 9-11 attack, posting a sevenfold gain between September 2001 and March 2002. It's now building the bottom of a 10 1/2-month base. It rose 12% last week but still has a ways to climb at 33%...

Midwest Industry Stirs, Consumer Still Buying In Hopeful New Signs; But View Remains Cautious; Factory payrolls are weak, Michigan sentiment index takes a downward turn.(A)
February 3, 2003... Byline: JED GRAHAM Midwest factory activity surged in January even as consumer expectations fell to their lowest level since November 1993, two separate economic reports revealed Friday. Yet despite their increasingly gloomy outlook,...

Applied Materials Sees Order Shortfall, Dashing Hopes For Industry's Recovery; Q1 Orders Off 35% From Q4.(A)
February 3, 2003... Byline: JAMES DETAR Applied Materials Inc. on Friday dashed hopes for even a mild near-term recovery in chip gear, saying its latest orders came in far below expectations. The No. 1 maker of equipment used to manufacture chips...

IBD'S TOP 10.(A)
February 3, 2003... Dec. Consumer Spending Rose 1Consumers pushed up spending 0.9%, the fastest pace in five months. The gain was largely built on zero-financing deals that lured car buyers to dealers. Spending rose 0.4% in Nov. Incomes rose a solid 0.4%, up...

AFTER THE CLOSE.(TO THE POINT)
February 3, 2003... VIVENDI UNIVERSAL is mulling an offer by Marvin Davis for its U.S. entertainment assets, after rejecting a $20 bil bid, Bloomberg reported. ENERGY EAST earned 54 cents in Q4, down 3 cents from a year ago but 18 cents above views. The...

BUSINESS BRIEFS.(TO THE POINT)
February 3, 2003... FINANCE Schwab names Pottruck sole CEO The No. 1 U.S. discount brokerage named President and co-CEO David Pottruck sole CEO to improve the firm's corporate governance structure. Charles Schwab remains chairman. The firm also said it'll...

BUSINESS BRIEFS.(TO THE POINT)
February 3, 2003... TECHNOLOGY EBay unveils buyout, partner plan The online auctioneer is buying certain assets of Carad.com, which runs online auction management services for car dealers. Financial terms weren't given. EBay also struck a deal to be the...

BUSINESS BRIEFS.(TO THE POINT)
February 3, 2003... TRANSPORTATION Airborne soars 20% on Q4 profit The express-delivery firm earned 25 cents, well above last year's 5 and views for 6. Revenue rose 12% to $897 mil. Airborne cited a pickup in ground deliveries, cost cuts and lower fuel...

IN BRIEF.(TO THE POINT)
February 3, 2003... Ex-GE Chairman Jack Welch won a court order to keep details of his divorce private, including possibly awkward depositions from estranged wife Jane about his compensation and lifestyle. Merck overcharged Medicare for ulcer drug Pepcid,...

TRENDS & INNOVATIONS.(TO THE POINT)
February 3, 2003... ** More U.S. servicemen are freezing their sperm, according to several fertility clinics. Many being deployed to Iraq are afraid of becoming sterile from vaccines or chemical exposure. Some studies have suggested such a link. ** India...

Gruden Goes Somewhere Fast; Coach To Win: His young enthusiasm leads Tampa Bay to football's peak.(LEADERS & SUCCESS)
February 3, 2003... Byline: MICHAEL MINK Jon Gruden has one message for his players: They can -- and will -- excel on the football field. He challenges them to do exactly that every day. Just ask the man many consider the game's greatest player ever,...

Take A Lesson From EBay In Buying, Selling; Fourth Year Of Classes.(INTERNET & TECHNOLOGY)
February 3, 2003... Byline: PETE BARLAS Are you ready for eBay U? Last month, eBay Inc., the world's largest online auctioneer, started its fourth annual university program. A group of roving instructors hold on-site classes at various U.S. cities teaching...

New Speedier Storage System From EMC Could Leave Rivals In Dust, Analysts Say; Details To Emerge On Monday.(INTERNET & TECHNOLOGY)
February 3, 2003... Byline: BRIAN DEAGON A new line of storage products from EMC Corp. is expected to put the fear back in its competitors. EMC won't talk about what's coming until Monday, but enough information has leaked out to keep the storage industry...

Market Tracker Says Tech Growth Predictions Were On The Mark.(INTERNET & TECHNOLOGY)(Q & A)
February 3, 2003... Byline: MIKE ANGELL It's tough to make predictions, especially about the future. Just ask George Colony. As the chief executive of Forrester Research Inc. in Cambridge, Mass., Colony is paid to predict the impact of technology on...

Big Blue, AOL Strengthening Messaging Link.(INTERNET & TECHNOLOGY)
February 3, 2003... Byline: DOUG TSURUOKA IBM Corp. and America Online are making it easier for their business-based instant messaging systems to mesh. The two companies are conducting a test that will make it easier for the users of their two systems to...

Microsoft Giving Passport Users More Control Over Data; Result Of Pressure From EU; EU said the software raised concerns about legalities, as well as security of data.(INTERNET & TECHNOLOGY)
February 3, 2003... Byline: THE ASSOCIATED PRESS Microsoft Corp. will give all users of its Passport online authentication system more control over how their personal information is shared, following months of discussions with the European Union. Among other...

ABERCROMBIE & FITCH CO. New Albany, Ohio; Retailer Surprises Street By Raising Views.(THE NEW AMERICA)
February 3, 2003... Byline: MARILYN MUCH Pounded by the worst holiday season in 30 years, many major retailers cut earnings views for the most recent quarter. Not Abercrombie & Fitch Co. On Jan. 9, the young men and women's clothes chain surprised analysts...

Burger Chain One-Ups Top Rival.(THE NEW AMERICA)(NEW AMERICA REVISITED)
February 3, 2003... Byline: FROM IBD NEWS SERVICES Wendy's International Inc. (New America, Feb. 21, 2001) on Friday reported a 2% gain in fourth-quarter earnings, thanks mostly to strong sales at its namesake hamburger chain and its Canadian chain of Tim...

Few Funds Resist Market's Downdraft Bonds And Stocks Hit Diversified stock funds sink 4% in latest week as real estate slows slide.(MUTUAL FUNDS)(INVESTMENT TREND)
February 3, 2003... Byline: DAN MOREAU Reflecting a stock market in retreat, S&P 500 index mutual funds led other diversified stock funds lower, falling 4.79% in the week of Jan. 23-30, Lipper Inc. said. Big-cap growth mutual funds took the second-biggest...

THE REAL MOST ACTIVE Dow's Gains Can't Erase Week's Loss.(MAKING MONEY)
February 3, 2003... Byline: JONAH KERI A strong earnings report from Walt Disney Co. buoyed the Dow Friday, but the rest of the market, especially techs, posted another so-so day. The Dow industrials rose 1.4%, the S&P 500 1.3%, as NYSE volume closed about...

Stocks Drop Back To 50-Day, Bounce Back.(B)(NYSE STOCKS IN THE NEWS)
February 3, 2003... Byline: Jonah Keri Stock after stock has tried to break out lately, only to quickly wipe out its gains and fall below its pivot point. Rather than implode, though, many stocks have found support at their 50-day moving averages. In a...

THE REAL MOST ACTIVE Mild Loss Leaves Nasdaq With 3rd Down Week.(B)
February 3, 2003... Byline: CRAIG SHAW The Nasdaq ended a seesaw session down 0.1% Friday as a soft forecast from chip gear maker Applied Materials hurt sentiment. Volume rose. For the week, the index dipped 1.6%, its third down week in a row. Columbia...

X-Ray Inspection Firm Beats 2Q Profit Views.(B)(NASDAQ STOCKS IN THE NEWS)
February 3, 2003... Byline: Craig Shaw OSI Systems rocketed after the 9-11 attack, posting a sevenfold gain between September 2001 and March 2002. It's now building the bottom of a 10 1/2-month base. It rose 12% last week but still has a ways to climb at 33%...

ARM Holdings Handed In Large Gains.(THE SMART INVESTOR)(WINNING WAYS)
February 3, 2003... Byline: KEN HOOVER Telecom was among the hottest sectors in the bull market that ran from October 1998 to March 2000. One of the biggest winners was ARM Holdings, a British company that makes chips for cell phones, modems, cars and TV...

Watch Volume At Base's Bottom.(A)(INVESTOR'S CORNER)
February 4, 2003... Byline: JONAH KERI Volume plays a pivotal role at the top of a stock's base. A high-volume breakout shows institutional investors are on board. And in a healthy market, they can propel a stock to huge gains. Don't focus only on volume...

Bush Seeks $2.23 Tril For '04 Budget, Sees Record $307 Bil Deficit Reflects War And Recession Total spending, defense earmarked for 4.2% rise; some agencies face cuts.(A)
February 4, 2003... Byline: JOSEPH GUINTO President Bush sent Congress a $2.23 trillion fiscal '04 budget Monday that seeks a major spending increase for the military and slashes billions of dollars in taxes -- but does not count the costs of a possible war...

Bush Savings Proposal Would Let People Squirrel Away Up To $29,000 Every Year Most Would Grow Tax-Free.(A)
February 4, 2003... Byline: PAUL KATZEFF INVESTOR'S BUSINESS DAILY President Bush has proposed three new tax-free savings accounts that would let individuals sock away up to $29,000 a year for retirement and general purposes. The proposals, contained in...

AFTER THE CLOSE.(A)(AFTER THE CLOSE)
February 4, 2003... MICROSOFT got a stay blocking a court order to force it to include Sun Micro's Java programming language in Windows. U.S. GASOLINE PRICES jumped 5.4 cents a gallon last week to $1.527, the biggest gain in 10 months, the Energy Dept. said....

BUSINESS BRIEFS.(A)
February 4, 2003... MEDICAL Accredo tumbles on '03 warning The biotech distributor earned 35 cents a share, a penny above views and nearly double last year's EPS. Sales rose 127% to $364.4 mil on its buy of Gentiva. But Accredo dived 21% to 29.50 after...

BUSINESS BRIEFS.(A)
February 4, 2003... AEROSPACE/DEFENSE Alliant, Boeing fall on shuttle halt Suppliers fell as NASA grounded its shuttle fleet pending its Columbia probe. Alliant Techsystems, whose Thiokol unit makes rocket boosters for space shuttles, fell 12%. Boeing...

BUSINESS BRIEFS.(A)
February 4, 2003... TECHNOLOGY Global chip sales rose 1.3% in '02 They grew to $140.7 bil last year, the Semiconductor Industry Association said. In '01 chip sales fell a record 32%. SIA sees a 19.8% rise in '03 to $169.3 bil, but has been wrong the past...

THE ECONOMY.(A)
February 4, 2003... Housing affordability improves The National Association of Realtors' affordability index rose to 140.7 in Q4 '02 from 135.9 in Q3. That left it just shy of the record 141.3 in Q4 '01. The NAR cited lower mortgage rates and higher incomes....

NATION.(A)
February 4, 2003... McConnell has bypass surgery Sen. Mitch McConnell of Ky., 60, the No. 2 Republican in the Senate, underwent triple bypass heart surgery for arterial blockages and was expected to make a full recovery. Doctors discovered arterial blockages...

WORLD.(A)
February 4, 2003... U.S. may send carrier to Korea The Pentagon would send the vessel off the coast of the Korean peninsula as a show of force amid the developing nuclear crisis with the North. Defense Secretary Donald Rumsfeld may also enlarge the Air...

TRENDS & INNOVATIONS.(A)
February 4, 2003... "Molecular clock' predicts death The "clock,' buried deep in human cells, may predict how likely people were to die from certain old age-related diseases, researchers said in The Lancet. They found that initially healthy folks over 60 with...

TRENDS & INNOVATIONS.(A)
February 4, 2003... ** An altered form of a chimpanzee virus has potential as a protective vaccine against HIV, the Journal of Immunology reported. ** Drugs commonly used to anesthetize children can cause brain damage and long-term learning and memory problems in...

Drawn To A Life In The Trenches Art Of Success: Cartoonist Bill Mauldin depicted reality of a soldier's life.(A)
February 4, 2003... Byline: BRIAN DEAGON William Henry Mauldin called 'em as he saw 'em -- and never mind if what he saw ticked off one of the most powerful generals in the U.S. Army. Early in 1945, Gen. George Patton demanded that the Stars and Stripes...

DECIDE UPON YOUR TRUE GOAL Find Someone To Hold You To It.(A)
February 4, 2003... Byline: Robin Grugal 2Sharing your goals and dreams with the right people can mean the difference between a life of success and one of mediocrity. Accountability produces the leverage needed to follow through with your aspirations, says...

SIA's Forecast Far Too High, Analysts Say Sales Outlook At Odds Some investment pros saying chip trade group has rose-colored glasses.(A)
February 4, 2003... Byline: JAMES DETAR Ignore those signs pointing the other way. Things are looking up for the semiconductor industry, says a leading trade group. On Monday, the Semiconductor Industry Association gave an updated 2003 sales forecast. It...

WorldCom Axing More Employees In Bid To Exit Bankruptcy.(A)
February 4, 2003... Byline: THE ASSOCIATED PRESS WorldCom Inc. said Monday it will cut 5,000 more jobs, or 8% of its work force, under a plan to emerge from bankruptcy in April. The cuts are part of $2.5 billion in cost cuts the telecom giant announced...

HP, Dell Engaging In Handheld-To-Handheld Combat Rivals Eye Consumers Hewlett-Packard aims its latest iPaq PDAs at lower-cost markets.(A)
February 4, 2003... Byline: MURRAY COLEMAN Small and sleek win out over big with consumers in the U.S. handheld market. At least that's what Hewlett-Packard Co. is betting with its new iPaq Pocket PC H1910. In the past, the computer maker focused on...

More Computer Systems Open To Attacks Some Security Specialists Say Today's networked world brings "Slammer' threats to firms, then consumers.(A)
February 4, 2003... Byline: DONNA HOWELL Bull's-eye. Now what? Some new threat trend forecasts are already on target. They said we'd see a problem like Slammer. The worm, similar to a computer virus, dented Internet use as much as 25% on Jan. 25. It...

New Rules Could Jeopardize AT&T's Local Service Is A Merger Necessary?(A)
February 4, 2003... Byline: REINHARDT KRAUSE As federal regulators study changes in rules that govern competition in local phone markets, AT&T Corp.'s fate could hang in the balance. Pressure on Ma Bell to merge with another company would grow if federal...

WildBlue Looks To Beat The Odds With Its Satellite Internet Service.(A)(Q AND A)
February 4, 2003... Byline: REINHARDT KRAUSE Sure, you can make money beaming TV to homes via satellite. EchoStar Corp. and DirecTV proved that. But other satellite services haven't fared so well. Iridium failed in trying to whisk phone calls globally by...

AutoTrader Revs Up Its Auctions Former EBay Partner.(A)
February 4, 2003... Byline: PETE BARLAS AutoTrader.com LLC is moving into the fast lane to chase after eBay Inc.'s car auction market. Earlier this month, AutoTrader, which operates a Web site for selling used cars, launched its first online car auction...

ADVANCEPCS INC. Irving, Texas Amid Ongoing Battles, This Firm Remains Fit.(A)
February 4, 2003... Byline: AMY REEVES They say in Hollywood there's no such thing as bad publicity. That might be true in entertainment, but it isn't always so in business. Such has been the problem for pharmacy benefit managers such as AdvancePCS....

Biotech's Stock Takes A Tumble After Warning.(A)
February 4, 2003... Byline: FROM IBD NEWS SERVICES Shares of Accredo Health Inc. (New America, Oct. 31) tumbled Monday after the biotechnology firm reported lower-than-expected quarterly sales and lowered its revenue forecast for the year. The Memphis,...

MYLAN LABORATORIES INC. Pittsburgh, Pennsylvania Run Of Approvals Is Right Rx For Drug Maker.(A)
February 4, 2003... Byline: GLORIA LAU With medical expenses on the rise, companies that provide products or services to help cut those costs are flourishing. One of them is Mylan Laboratories Inc. It's one of the nation's top generic drug makers, with...

Buying Growth Stocks In Value Sectors Fund Likes CheckFree Century Small Select is in pursuit of business services and tech stocks.(A)
February 4, 2003... Byline: PAUL KATZEFF Like many other small-cap funds, $31 million Century Small Cap Select has beaten the market in recent years. It did this with a double-barreled strategy, using value and growth tactics. "The price-earnings...

Moment Of Decision.(A)(EDITORIALS)
February 4, 2003... NASA: The loss of seven astronauts Saturday morning is cause to grieve. It also is cause to ask some hard questions about our nation's space program. The National Aeronautics and Space Administration is a key part of America's greatness....

How Quotas Happen.(A)(EDITORIALS)
February 4, 2003... College Sports: Does fairness have to be a zero-sum game? Not at all. But in the case of Title IX, misguided enforcement has made it so. After working for months to come up with an equitable way to apply civil rights law to college...

Private Accounts Still Popular Despite Meltdown Of Market.(A)(NATIONAL ISSUE)
February 4, 2003... Byline: SEAN HIGGINS The Dow has been down from its highs above 10,000 for well over a year. It now hovers around 8,000, and any new bull market still seems far off. For that reason, the White House isn't pushing partial privatization...