Investor's Business Daily articles from January 2001, page 3

Investor's Business Daily archives from January 2001

STORAGE NETWORKS Emulex Beat Hoax With Solid Products, Sales.(A)(Internet & Technology)
January 25, 2001... Byline: Diane Lindquist Investor's Business Daily In August, First Albany Corp. analyst Mark Kelleher visited Emulex Corp. The same day, FBI agents nabbed a suspect for sending a fake news release that had torpedoed the company's...

ONLINE MEDIA AOL Time Warner Among Many Firms Cutting Work Force.(A)(Internet & Technology)
January 25, 2001... Byline: Doug Tsuruoka Investor's Business Daily A slowing economy has sucker-punched the online ambitions of many media companies, prompting them to slash jobs the past two months. Slower online ad spending is one problem,...

FOURTH-QUARTER EARNINGS Wireless Sales Spark Qwest's Better-Than-Expected Report.(A)(Internet & Technology)
January 25, 2001... NEW YORK (Reuters) - Telephone and data services provider Qwest Communications International Inc. on Wednesday posted a better-than-expected 44% jump in fourth-quarter profit. The company said its results were paced by robust growth in...

Will Boom In Mortgage Refinancing Give Shot In Arm To Ailing Economy?(A)(Company In The News)
January 25, 2001... By Donald H. Gold Investor's Business Daily The middle class may not have to wait for a tax break to get a break. Mortgage rates have sunk more than a full point since May, and thousands have refinancedtheir homes. Lower...

Finding $10, Not Hanging 10, Goal Of These Surfers Web sites can help people recover money that government or businesses owe them.(A)(Internet & Technology)
January 25, 2001... Byline: Lynn Walford Investor's Business Daily Have you ever wondered what happens to forgotten bank accounts, rent deposits, life insurance policies and utility refunds? In most cases, the holder of the money must report it and...

WIRELESS COMMUNICATIONS Reality Of Vast Chinese Market Seldom Meets Western Claims.(A)(Internet & Technology)
January 25, 2001... Byline: Peter Benesh Investor's Business Daily Want to get wireless investors wound up? Just say "China." The image of 1 billion Chinese consumers dialing into the 21st century sends expectations, and share prices, soaring. But...

The Logistics Of E-Commerce Getting Transported To Web.(A)(Internet & Technology)
January 25, 2001... Byline: Murray Coleman Investor's Business Daily As businesses sell more goods to other businesses online, they're finding they need more offline support, such as trucks to deliver the products. As a result, e-logistics business...

KEYSPAN CORP. /Brooklyn, New York Energy Supplier Finds Deregulation A Real Gas.(A)(The New America)
January 25, 2001... Byline: Laura Dunphy Investor's Business Daily Deregulation of the energy business has created new opportunities and challenges for natural gas and oil suppliers. For KeySpan Corp., a holding company with gas and electric generation...

EXPRESS SCRIPTS INC. /Maryland Heights, Missouri Drug Benefit Manager Declares Election Win.(A)(The New America)
January 25, 2001... Byline: Tom Gray Investor's Business Daily So who really won the presidential election of 2000: George W. Bush, Al Gore orthe pharmacy benefit managers? Partisans can argue all they want about the two candidates. But it's hard...

IDEC PHARMACEUTICALS CORP. /San Diego, California New Drugs Please Patients And Shareholders.(A)(The New America)
January 25, 2001... Byline: Gloria Lau Investor's Business Daily Mary Colclasure of Cedar Lake, Ind., can thank two new cancer drugs for gettingrid of her tumors and keeping her alive. Colclasure has non-Hodgkin's lymphoma, which is usually...

Bush Holds First Meeting With Democrats They Say They're Ready To Cooperate - Up To A Point.(A)(BUSH)
January 25, 2001... WASHINGTON (AP) - Sitting down for the first time at the White House with Democratic leaders, President Bush said Wednesday it's time "to come together and get things done" despite expectations of gridlock and acrimony in the nation's...

California Gets Enough Juice, But Crisis Isn't Over.(A)(CALPOWER)
January 25, 2001... SAN FRANCISCO (Reuters) - California was pulled back from the brink of further power blackouts Wednesday as electricity supplies increased, but officials warned that the state's power emergency was far from over. The California...

The Real Most Active - NYSE.(A)(The Real Most Active - NYSE)
January 25, 2001... The Real Most Active Volume spikes on the major markets weren't reflected in price moves Wednesday, as the Dow industrials closed nearly unchanged. The Dow edged down 2.84 points to 10,646.97. The S&P 500 rose 0.3%. NYSE...

Stocks In The News - NYSE.(A)
January 25, 2001... SunGard Data Systems has climbed more than 40% since its Sept. 14 breakout. Thestock peaked Dec. 4, and is now trading in a seven-week base. It popped back above its 50-day moving average Tuesday and is 9% off its high. The Wayne,...

IBD's Top 10.(A)(IBD's Top 10 1-5)
January 25, 2001... Lucent To Cut 16,000 Jobs; 30-Cent Loss Misses Views 1The telecom-gear maker's first-quarter loss came against a year-ago profit of 33 cents. It missed views by 3 cents. Revenue fell 26% to $5.84 billion. Lucentplans to cut annual...

Bonds Stuck In Holding Pattern As Greenspan Heads To Capitol.(A)(Credit Markets)
January 25, 2001... By Reuters U.S. Treasuries fell for a fourth straight day Wednesday in a session devoid offresh economic data and dominated by more hand-wringing over how much the Federal Reserve will cut rates next week. A $10 billion sale of...

The Big Picture.(A)(The Big Picture)
January 25, 2001... THE BIG PICTURE More shares traded Wednesday. But the stock market had little to show for the heavier activity. Nasdaq volume increased 12% to 2.56 billion shares, a level that no longer ranks among the top 10 heaviest days 1. The...

A Protection Racket: McCain's 'Reform' Is A Trojan Horse For Incumbent Class.(A)(View Point)
January 25, 2001... By Thomas E. Woods Jr. John McCain has resurfaced with his Bipartisan Campaign Reform Act of 2001. Thus we are treated to yet another example of McCourage: a superficially bold stance whose actual effect is to reinforce the status quo...

Challenge To New FCC Head Powell: Regulate New Economy, Don't Kill It.(A)(National Issue)
January 25, 2001... Byline: Sean Higgins Investor's Business Daily Years ago, the Federal Communications Commission was a bureaucratic backwater. But times change. Today, the digital revolution has made the FCC lord of the high-tech new economy....

IT'S THE RIGHT THING TO DO.(A)(Editorial)
January 25, 2001... The elite media have told us in recent years that tax cuts were not only unnecessary, there was no interest in them. People were simply too busy making money to feel government's burden on their lives. Well, that disinterest now has grown...

NOT YOUR FATHER'S UNION.(A)(Editorial)
January 25, 2001... Like a man who has jumped from a plane without his parachute, union membership is in a long fall. No surprise. Unions' place in American life, and their impact on vital industries, has been waning for decades. According to the Bureau of...

Key Fund Holdings.(B)
January 25, 2001... Key Fund Holdings / BEA Systems was a top holding of Fidelity OTC Portfolio Fund in the latest reporting period. Shares are trading in a base that began Oct. 24 when the stock reached a high of 89 1/2. They're 24% off that mark, having just...

Beleaguered Internet Funds Catch A Rally Sector is ahead of S&P 500, but 2001 should be 'transitional' year.(B)(Making Money In Mutuals)
January 25, 2001... Byline: Paul Katzeff Investor's Business Daily Out with the old. In with the new. Internet funds, the dogs of 2000, are looking good again. At least for the moment. The 29 Net funds that have been open at least a year were...

Buying High And Selling Low Is On The Rise Fund investors more likely to chase returns today, Phoenix study shows.(B)(Making Money In Mutuals)
January 25, 2001... Byline: Nancy Gondo Investor's Business Daily Before you sell a diversified stock fund to buy a better-performing one, you might want to think about it. Chasing returns often doesn't pay off in the long run. A study released...

The Real Most Active - NASDAQ.(B)(The Real Most Active - NASDAQ)
January 25, 2001... The Real Most Active After a strong morning session, the market ended mixed on Wednesday. The Nasdaq composite rose 2% intraday before closing up 18.76 points, or 0.7%, to 2859.15. The Nasdaq 100 lost 0.13% to 2726.45. Volume...

IBD's Top 10.(A)(IBD's Top 10 6-10)
January 25, 2001... Calif. Gets Breathing Room But No Power Plan Is Set 6The agency that regulates California's supposedly unregulated system said an emergency order from Washington kept juice flowing from the Pacific Northwest. The Bush...

Stocks In The News - NASDAQ.(B)
January 25, 2001... On Oct. 2, Rare Hospitality International broke out of a 20-week base. After a few steps north, the stock hit resistance around 27. It's currently working on the right side of a 12-week base, and is sitting 6% off its Oct. 31 high. The...

Supplies On Way, Palladium Sags; Gold Edges Lower, Corn Advances.(B)(FUTURES)
January 25, 2001... By Reuters Palladium prices fell Wednesday ahead of the arrival of supplies in Japan from top producer Russia, while corn edged higher on expectations of reduced plantings this year due to soaring fertilizer costs. In other commodity...

Business News.(A)(After The Close)
January 25, 2001... NEWPORT earned 36 cents in the fourth quarter, up 260%. That beat views by 3 cents. Sales rose 105% to $86.7 million. But the chip and fiber-optic test gearmaker sees this quarter's sales flat with the fourth. VERITAS SOFTWARE netted 19...

Business News.(A)(Business News)
January 25, 2001... SDL profit up 211% in 4th qtr, but puts off merger vote again The fiber-optics systems maker earned 53 cents a share in the quarter vs. 17 cents a year ago. That beat views of 49 cents. SDL Inc.'s sales shot up 199% to$175.6 million....

Business News.(A)(Business News)
January 25, 2001... Morgan Stanley says Mack quits Morgan Stanley Dean Witter said John Mack quit as president and chief operatingofficer. CFO Robert Scott will succeed him. It's the latest departure following losses on junk bonds and bad loans. Mack was...

Business News.(A)(Business News)
January 25, 2001... AOL Time Warner will fire 2,000 to cut costs, meet financial goals Combined with previously announced plans to lay off 400 people at its CNN news network, the media giant plans to ax 3% of its work force. The job cuts are part of an...

The Economy.(A)
January 24, 2001... Credit crunch is not in the cards for U.S. economy: Fed's Guynn Even as Atlanta Fed President Jack Guynn praised U.S. banks for toughening up lending standards, he played down the risk of a credit crunch - where loans arein short...

WASHINGTON.(A)
January 24, 2001... Senate panel to tackle legislation on controlling technology exports Senate Banking Committee members promised early action on legislation to updaterules on dual-use technology exports, removing controls on most computers and...

WW.(A)
January 24, 2001... Israelis suspend peace parley after 2 killed in West Bank attack It was not immediately clear how long the talks would be on hold. Israel has briefly suspended negotiations in the past over Palestinian attacks on Israelis. The two...

10SECRETS.(A)
January 24, 2001... Illness or injury that takes you away from work on extended medical leave doesn't have to spell a professional setback if you have some time to plan foryour absence. Just ask Thomas Van Berkem. In July, the senior vice president of...

Football Coach Joe Gibbs His Focus On Teamwork Pushed His Players To Be The Very Best.(A)(Leaders & Success)
January 24, 2001... Byline: Michael Richman Investor's Business Daily When Joe Gibbs spoke, his players listened. That's because the pro football coach showed brilliant people skills. He knew which motivational buttons to press, and when to press them....

Football Player Jerry Rice His Drive Ran Him Right To The Top.(A)(Leaders & Success)
January 24, 2001... Byline: Michael Mink Investor's Business Daily For Jerry Rice, time off doesn't mean it's time to kick back and relax. It means an opportunity to improve. Even when he was the Super Bowl's reigning Most Valuable Player. Rice, a...

Wisdom To Live By.(A)(Leaders & Success)
January 24, 2001... {TEXT} Wisdom To Live By . {TEXT} ON EXCUSES The longer the excuse, the less likely it's the truth. Robert Half, employment coach ON HONESTY Truth is the cry of all, but the game of few. Bishop George...

Internet & Technology.(A)
January 24, 2001... Byline: James DeTar Investor's Business Daily Government labs that once worked on "Star Wars" missile defense and the intricate parts of the Hubble Space Telescope have a new mission. Their goal: develop gear to build...

Tech Bits.(A)(Internet & Technology)
January 24, 2001... Can Internet Toy Vendors Re-Assemble The Piggy Bank? ToysRUs.com sells an electronic piggy bank. It oinks when you hold it upside down and shake out too many coins. The online store rang in the new year with a threefold increase...

ELECTRONIC BUSINESS Vastera Irons Out Wrinkles In Global Electronic Trade.(A)(Internet & Technology)
January 24, 2001... Byline: Murray Coleman Investor's Business Daily The world is shrinking. And that's good news to Vastera Inc. As a developer of software that helps businesses trade across borders, the Dulles, Va.-based firm is keying in on the...

For Leaders, Bigger Isn't Necessarily Better.(A)(Investor's Corner)
January 24, 2001... Byline: Christina Wise Investor's Business Daily Being No. 1 doesn't mean being the biggest. It means being the best. In corporate America, to get to the winner's circle, your sales, earnings and stock performance must eclipse...

STORAGE SYSTEMS EMC Plans To Keep Fast Growth Pace As Economy Slows.(A)(Internet & Technology)
January 24, 2001... Byline: Brian Deagon Investor's Business Daily EMC Corp. met bullish expectations with its fourth-quarter earnings report Tuesday and reaffirmed that it expects sales of $12 billion this year, up 35% on the year. The leading...

BroadVision Is Broadening Its Vision For E-Commerce.(A)(QA)
January 24, 2001... Byline: Murray Coleman Investor's Business Daily BroadVision Inc. has become a leader in selling e-commerce software. But business e-commerce wasn't a friendly field last year. BroadVision's stock lost more than 80% of its value...

TELECOMMUNICATIONS WorldCom's Fate May Hinge On Big-Business Connections.(A)(Internet & Technology)
January 24, 2001... Byline: Reinhardt Krause Investor's Business Daily With its future hinged on providing high-end business services, WorldCom Inc. is rolling out the heavy artillery. It's gunning for large companies with a salvo of new Internet...

Slopes Not Quite As Slippery When Web Aids Ski Outings.(A)(Computers Made Plain)
January 24, 2001... Byline: Julie Mitchell Investor's Business Daily With winter in full swing, ski buffs have already waxed their skis, fastened onthe overhead racks and headed off to the slopes. Others may be thinking of taking to the snow for the...

FOURTH-QUARTER EARNINGS Tellabs' Solid Results Boost Tech Outlook.(A)(TEK3RT)
January 24, 2001... CHICAGO (Reuters) - Telecommunications equipment company Tellabs Inc. on Tuesday reported fourth-quarter earnings and sales rose more than 40% and reiterated a strong outlook for 2001, triggering a jump in its share price. The Lisle,...

SEROLOGICALS CORP. /Atlanta, Georgia Troubles Behind It, Medical Firm Moves Ahead.(A)(The New America)
January 24, 2001... Byline: Janet Purdy Levaux Investor's Business Daily Pumped up. That's the feeling executives at Serologicals Corp. exude as they start the new year. And it's no wonder. It appears the worst of the company's troubles are behind...

RUBY TUESDAY INC. /Maryville, Tennessee Worker-First Strategy Gives Restaurant Edge.(A)(The New America)
January 24, 2001... Byline: Erik Spanberg Investor's Business Daily Feed people for $10 without serving gobs of grease or invoking the dreaded phrase "supersize it" and you, too, might win over Wall Street. Just ask Sandy Beall. He's chief...

BOMBARDIER INC. /Montreal, Quebec Small-Jet Manufacturer Makes Big Headlines.(A)(The New America)
January 24, 2001... Byline: Marilyn Alva Investor's Business Daily With its focus on small regional and business jets, Canadian aircraft manufacturer Bombardier Inc. hasn't gotten the notice of aerospace giants Boeing Co. and Airbus Industrie. That...

Bush Wants Democrats Aboard On Education Plan He Promises More Help To Ailing Schools Before Shifting U.S. Funds To Vouchers.(A)(BUSH)
January 24, 2001... WASHINGTON (AP) - President Bush, seeking Democratic support for an education package submitted to Congress on Tuesday, promised more help to troubled schools before shifting federal funds to private schools. "Our goal is to improve...

Starbucks Brews Up Better Profit After Writing Down Web Holdings.(A)(Company In The News)
January 24, 2001... Byline: Steve Watkins Investor's Business Daily After a less-than-stellar flirtation with Internet investments, Starbucks Corp.once again is concentrating on what it does best. The Seattle-based coffee retailer wrote down its...

Blackouts Averted, But California Still Is Tight On Power.(A)(CALPOWER)
January 24, 2001... SACRAMENTO, Calif. (AP) - Northern California got a reprieve from rolling blackouts Tuesday morning, but residents were warned that their lights still could go out as authorities continued to scrounge the market for more electricity. ...

The Real Most Active - NYSE.(A)(The Real Most Active - NYSE)
January 24, 2001... The Real Most Active A broad-based rally Tuesday buoyed techs and had enough left over to give the Dow industrials a modest gain. The Dow climbed 71.57 points, or 0.7%, to 10,649.81. The S&P 500 rose 1.3%. NYSE volume picked up 6% to...

Stocks In The News - NYSE.(A)
January 24, 2001... LaBranche had a big day Tuesday, jumping 10% on brisk trade. The stock broke out, clearing a tight five-day trading range near the top of its 12-week base and closing at a new high. But the breakout may not be all that sound. LaBranche hasn't...

Hope For Fed Rescue Takes Hit, Sending Seesawing Bonds Lower.(A)(Credit Markets)
January 24, 2001... By Reuters U.S. Treasuries staggered lower late on Tuesday as traders speculated that the Federal Reserve may not slash interest rates next week as deeply as the market has anticipated. Treasuries had risen for most of the day on...

The Big Picture.(A)(The Big Picture)
January 24, 2001... THE BIG PICTURE Investors ignored bad profit news Tuesday. Instead, they focused on the good earnings, driving the stock market broadly higher. The day didn't start off in such a positive frame of mind. Disappointing profitreports...

Krugman Is All Wet: Market Meddling, Not Deregulation, Led To Energy Crisis.(A)(View Point)
January 24, 2001... By Sally Pipes The power shortages in California provide an opportunity for a basic lesson in economics, one in which facts dispel hysteria and fanaticism. Paul Krugman writes in The New York Times that a "blind faith in markets" is...

Debate Over 'New Economy' Revives As U.S. Growth Slows To Snail's Pace.(A)(National Issue)
January 24, 2001... Byline: Charles Oliver Investor's Business Daily Meet the new economy. Same as the old economy? Just a year ago, the future looked so bright. The U.S. had just entered its 10th year of unbroken growth. Some economists saw no...

THE INTEREST RATE/DEFICIT MYTH.(A)(Editorial)
January 24, 2001... In one of his many parting shots, former President Clinton took a coded yet obvious swipe at the Bush tax-cut plan. It was a reprise of an argument that should have been abandoned long ago. There's no room for a tax cut, Clinton implied...

BUSH'S UNDERWHELMING PLAN.(A)(Editorial)
January 24, 2001... It is a good rule of thumb not to build any bridges with Ted Kennedy. But George Bush seems ready to take the plunge. According to the Massachusetts senator, Bush is in "broad agreement" with him on key "education and policy" issues. In...

Key Fund Holdings.(B)
January 24, 2001... Key Fund Holdings / Brocade Communications Systems was a top holding of PBHG Core Growth Fund and a top buy of Firsthand Technology Value Fund as of the latest reporting period. The stock has been basing for 13 weeks since hitting an intraday...

IBD's Top 10.(A)(IBD's Top 10 1-5)
January 24, 2001... Bush Unveils School Plan, Seeks Democrats' Backing 1President Bush pledged more help for troubled schools before shifting federal funds to private schools. Still, his education agenda calls for vouchers for private school education....

Are Fed's Rate Cuts Too Little Too Late? Some Top Fund Managers Worry A Recession Can't Be Averted.(B)(Making Money In Mutuals)
January 24, 2001... Byline: Peter McKenna Investor's Business Daily What happens if the Fed cuts rates again next week? What happens if the Fed doesn't cut rates next week? IBD asked top fund managers these questions, with the following results....

Chasing Winners Is Often A Loser's Game Funds that shoot to top of performance lists usually take a rest.(B)(Making Money In Mutuals)
January 24, 2001... Byline: Julie Huynh Investor's Business Daily Open up any investment brochure and you'll find a disclaimer in small print that reads something like: "Past performance is not indicative of future results." It's true there's no...

MERRILL.(B)
January 24, 2001... NEW YORK (Reuters) - Merrill Lynch & Co., the No. 1 U.S. brokerage, on Tuesday posted an 11% increase in fourth-quarter profit that topped estimates, as fees from trading and advising companies on mergers rose, sending its stock surging. ...

The Real Most Active - NASDAQ.(B)(The Real Most Active - NASDAQ)
January 24, 2001... The Real Most Active Investors picked up techs as the market rallied Tuesday. The Nasdaq composite gained 82.48 points, or 3%, to 2840.39. The Nasdaq 100 added 3.3% to 2730.05. Volume swelled 12% to 2.27 billion shares. MapInfo...

Stocks In The News - NASDAQ.(B)
January 24, 2001... After breaking out of a seven-month base on Oct. 31, Starbucks ran up as high as 50 13/16. Since then it has formed a nine-week base, and now sits 8% off itshigh. The specialty coffee retailer has seen earnings growth range from 20% to...

Crop Outlook Torpedoes Soybeans; Crude Oil Sinks, Gold Dips Slightly.(B)(FUTURES)
January 24, 2001... By Reuters U.S. soybean prices slumped Tuesday on prospects of a record-large crop in South America, while gold was marginally lower despite stronger-than-expected demand at a gold auction in Britain. F U T U R E S In other...

IBD's Top 10.(A)(IBD's Top 10 6-10)
January 24, 2001... Compaq Strong In 4th Qtr But 1st Half Looks Rocky 6Compaq Computer earned 30 cents a share in the quarter, up 58% from 19 cents ayear ago. That beat views by 2 cents. Sales grew 10% to $11.5 billion. Compaq backed earnings growth...

Business News.(A)(After The Close)
January 24, 2001... ADVENT SOFTWARE earned 26 cents in the fourth quarter, up 24%, topping views bya penny. Sales rose 35% to $40.5 million. FEDERATED INVESTORS met fourth-quarter views on earnings of 34 cents, up 21% vs. a year ago. Revenue rose 8% to...

Business News.(A)(Business News)
January 24, 2001... Siebel takes off in fourth quarter as sales rise 111% to $581.6 mil Siebel Systems earned 20 cents a share in the quarter, up 150% from 8 cents a year ago. The customer relationship management software maker beat estimates bya...

Business News.(A)(Business News)
January 24, 2001... Broadcom tops 4th-qtr estimates The communications chip maker earned 32 cents a share, up 146% from 13 cents a year ago. That beat views by a penny. Sales rose 132% to $376.1 million, its third straight quarter of faster growth. Analysts...

WASHINGTON.(A)
January 23, 2001... One Republican, one Democrat offer tax cut modeled on Bush's Sens. Phil Gramm, R-Texas, and Zell Miller, D-Ga., will offer the plan based onPresident Bush's $1.3 trillion tax-cut plan. Gramm, who said he spoke with Bush, Vice...

WW.(A)
January 23, 2001... Estrada hints challenge of ouster as new president calls for unity Former Philippines President Joseph Estrada has set the stage for a legal challenge of his weekend ouster, even as prosecutors promised a criminal corruption case...

10SECRETS.(A)
January 23, 2001... People don't usually leave their jobs out of the blue. "In spite of what you might hear in an exit interview, most people do not arbitrarily leave a place where they are happy," according to Mary Ellen Brantley and Chris Coleman. ...

Emperor Vespasian Dedication Made Him One Of Rome's Top Rulers.(A)(Leaders & Success)
January 23, 2001... Byline: Pete Barlas Investor's Business Daily Walking into a nation's top job is never easy. But Titus Flavius Vespasianus had it rougher than most. Vespasian, as he was known, was already 60 years old - one of the oldest...

Wisdom To Live By.(A)(Leaders & Success)
January 23, 2001... {TEXT} Wisdom To Live By . {TEXT} ON LISTENING A good listener is not only popular everywhere, but after a while he knows something. Wilson Mizner, playwright ON INDEPENDENCE It is easy in the world to live...

Leading Indicators Slid 0.6% In Dec., Worst Since 1996.(A)(INDICATORS)
January 23, 2001... NEW YORK (AP) - A key gauge of U.S. economic activity plunged 0.6% in December,the largest drop in five years and a signal of continued weakness in the U.S. economy. The New York-based Conference Board said its Index of Leading Economic...

Calif. May Buy Ailing Utilities' Power Plants Legislature Mulls Step As State Seems To Avert Blackout Monday.(A)(POWER)
January 23, 2001... SACRAMENTO, Calif. (AP) - California faced another week of power problems Monday after a weekend that was supposed to provide some relief instead turned to unprecedented alerts of impending shortages. The state appeared to skirt more...

Internet & Technology.(A)
January 23, 2001... Byline: Brian Deagon Investor's Business Daily The dot-com boom may be a bust, but that hasn't stopped top guns in technology from spending heavily to build Web hosting centers. Web hosting is a form of outsourcing where...

Tech Bits.(A)(Internet & Technology)
January 23, 2001... Melissa Once Again Rears Her Ugly Head She's back. The Melissa computer virus got a makeover and is again power-flirting with e-mail. Security firms say she infected several dozen European companies last week despite their use...

BUSINESS SOFTWARE Great Plains Purchase Opens B2B Field To Microsoft.(A)(Internet & Technology)
January 23, 2001... Byline: Murray Coleman Investor's Business Daily When Bill Gates and company go fishing, they usually make a splash. So when the Microsoft Corp. chairman last month announced plans to buy Great Plains Software Inc. in a $1.1...