Investor's Business Daily articles from January 2002

Investor's Business Daily archives from January 2002

Low-Priced Stocks Reflect Low Quality.(A)(INVESTOR'S CORNER)
January 31, 2002... Byline: MONIKA TJIA Buying a good TV or car at bargain-basement prices deserves bragging rights. But it doesn't work the same way with cheap stocks. You can nab more shares of low-priced stocks than ones that trade in higher ranges....

Surprise Rise In GDP Of 0.2% Is Fueled By Huge Consumer Binge 4th-Qtr Drop Was Expected Fed ends rate-cut spree amid signs the economy is heading into recovery.(A)
January 31, 2002... Byline: DONALD H. GOLD The economy grew 0.2% in the fourth quarter, the Commerce Department said Wednesday, far better than the 1% decline expected by economists. Separately, the Federal Reserve, noting the improving economy, voted...

U.S.' War Footing Isn't Helping Our Uneasy Alliance With Saudis The military's presence in kingdom could soon end as royals grow edgy.(A)
January 31, 2002... Byline: PETER BENESH The Saudi and U.S. governments are like two homeowners trying to make their house salable after an earthquake. They're covering the cracks but know the structure will collapse when the Big One hits. Seismic...

IBD'S TOP 10.(A)
January 31, 2002... Autos Lead Q4's GDP Up 0.2% 1Economists expected a 1% decline. Consumer durables soared 38%, thanks to free car financing. The spending can't last, experts say. Government spending surged 9.2%, the biggest rise since Q3 1985. If it were...

AFTER THE CLOSE.(TO THE POINT)
January 31, 2002... ELECTRONICS ARTS earned $1.03 in Q3, up 56% and 14 cents over views, the video game firm said. ALLIANCE DATA SYSTEMS met Q4 views of 12 cents, up 33%. Sales increased 18% to $209 mil. MURPHY OIL'S net fell 70% to 63 cents vs. views...

BUSINESS BRIEFS.(TO THE POINT)
January 31, 2002... ENERGY ChevronTexaco silent on bid talk Its board met, but wouldn't say if it considered an offer for Conoco or Phillips Petroleum. A published report said Chevron was mulling a bid to break up the firms' planned merger. French oil...

BUSINESS BRIEFS.(TO THE POINT)
January 31, 2002... FINANCE BofA ousts 4 who handled Enron Bank of America said three Texas bankers who managed its Enron business have left and the head of its natural resources group will resign. BofA lost $231 mil from the energy firm's bankruptcy....

BUSINESS BRIEFS.(TO THE POINT)
January 31, 2002... MEDICAL Mentor's Q3 profit swelled 21% The maker of breast implants and other medical items jumped 3.65, or 13%, to 32.56. Mentor earned 41 cents, beating the Street by 3 cents. Sales rose 28% to $79 mil. It cited an 83% surge in...

BUSINESS BRIEFS.(TO THE POINT)
January 31, 2002... TELECOM AT&T's Q4 earnings slide 79% The telecom and cable giant netted 5 cents a share, a penny over views. That excluded a $1 bil charge to cut 10,000 jobs and other items. AT&T revenue fell 9.5% to $12.59 bil. It expects Q1...

THE ECONOMY.(TO THE POINT)
January 31, 2002... Index shows consumers negative The ABC News/Money Magazine consumer comfort index inched up to -12 in the week ended Sunday from -13 the prior week. Economists say the gauge shows the economy is still in recession, since it's based on...

IN BRIEF.(TO THE POINT)
January 31, 2002... Chrysler will offer rebates up to $2,500 on some '02 models through Feb. 28, following similar moves by GM and Ford. DaimlerChrysler hoped to avoid costly incentives. United Air will furlough fewer pilots than forecast through spring. ...

NATION.(TO THE POINT)
January 31, 2002... Daschle wants Sept. 11 hearings Senate Majority Leader Tom Daschle said hearings are needed on what went wrong Sept. 11. He shares White House worries about diverting intelligence officials from the war on terror. He said Vice President...

WORLD.(TO THE POINT)
January 31, 2002... Afghan leader seeks bigger force Hamid Karzai appealed to the U.N. to expand the multinational force in Kabul to other cities as a guarantee that the international community won't abandon his country. Karzai said Afghans from around the...

Better Late Than Never For Boomers THE REALIZATION Oregon's Sylvia Gercke is one of many who are pushing investments as they make plans beyond their careers.(SERIES: THE NEW RETIREE)(IBD SPECIAL REPORT)
January 31, 2002... Byline: PAUL KATZEFF Sylvia Gercke plans to take advantage of new rules that will let her put extra money into her individual retirement account. She also intends to boost how much she puts into her workplace thrift plan. "I realized...

The Best Place To Retire? Start With San Antonio THE LOCATION Cost, climate and culture stake their claim as high priorities on the list of favorite American cities.(SERIES: THE NEW RETIREE)(IBD SPECIAL REPORT)
January 31, 2002... Byline: DAN MOREAU The best place to live when you retire is . . . Anyone thinking about retirement knows how compelling that tease can be. Looking for the right combination of climate, activities and costs is important work. ...

One Way To Avoid A Nightmare: Diversify THE TRAP Investors see Enron as an alarming reason to spread out the money.(SERIES: THE NEW RETIREE)(IBD SPECIAL REPORT)
January 31, 2002... Byline: PAUL KATZEFF Gary Kemper had a dream. It turned into a nightmare. The 58-year-old hoped to retire, buy a motor home, purchase land by Lake Havasu near his home outside Portland, Ore., and catch up on his fishing. Now he...

Growth Slows To Safer Pace For Investor THE SURVIVOR Valeri Olson uses her experience to step on the investment brake while steeing towar hoped-for comfort.(SERIES: THE NEW RETIREE)(IBD SPECIAL REPORT)
January 31, 2002... Byline: MARILYN MUCH Valeri Olson considers herself lucky. When she was 18, her father urged her to start saving for retirement while she was still young. He explained the investment process, gave her strategy tips and put her on a...

Is The Good Old Pension Plan The Best Cushion? THE TRADITIONAL PATH After Enron's debacle, workers wonder what's the best way to make sure the money won't vanish.(SERIES: THE NEW RETIREE)(IBD SPECIAL REPORT)
January 31, 2002... Byline: CLAIRE MENCKE If you put money in a 401(k) or similar retirement plan, you've heard many tales of woe. Your account may have plunged with the stock market. That may have left you rattled about a couple of things. You wonder if...

A New Day In Planning For A Long Retirement THE BIG CHANGE Two-thirds figure they can make it when work ends, but how easily?(SERIES: THE NEW RETIREE)(IBD SPECIAL REPORT)
January 31, 2002... Byline: KEN HOOVER The vanguard of the baby boom generation, those born in 1946, hit age 55 last year and are looking ahead to their golden years, whether they like it or not. They made it through Vietnam, inflation of the 1970s and...

An Early Watch On Tiring Taxes.(SERIES: THE NEW RETIREE)(IBD SPECIAL REPORT)
January 31, 2002... Byline: Paul Katzeff When you withdraw money from a regular 401(k) plan, you must pay tax on it as ordinary income. Not so for money you kicked in with after-tax contributions. That's because you paid taxes on that money before...

It's About Time To Fatten Up That Portfolio TOUGH CHOICES Warren Saufferer hopes IBD's CAN SLIM method helps him muscle through life without regular income.(SERIES: THE NEW RETIREE)(IBD SPECIAL REPORT)
January 31, 2002... Byline: JONAH KERI Retired since 1999, now 73 years old, Warren Saufferer faces some tough choices. On one hand, he knows he's into his third year of dipping into his nest egg, with no regular income to support him. On the other, he...

The Question Of The Age: To Keep Working Or Retire? THE TIMING ISSUE Leaping into retirement may sound like nirvana, but it pays to establish a solid post-work lifestyle.(SERIES: THE NEW RETIREE)(IBD SPECIAL REPORT)
January 31, 2002... Byline: DAN MOREAU Everybody wants to. Retire early, that is. Seven out of 10 at least, according to a recent survey from the National Council on Aging. One in four of us have already picked a date we would like to be out the door. ...

Running Up Big Savings THE TEAM Cliff and Suzanne Held of Brooklyn have made their bundle of money count for the long haul.(SERIES: THE NEW RETIREE)(IBD SPECIAL REPORT)
January 31, 2002... Byline: MARILYN ALVA Cliff Held retired in March at age 55. His wife, Suzanne, threw in the towel on Jan. 1 at 54. To celebrate her retirement, the couple, who live in Brooklyn, N.Y., took a three-week vacation to Hawaii. Then they...

Trying To Ensure Nest Egg's Intact THE NEW LAW Taking advantage of new tax law can help retirement game plan.(SERIES: THE NEW RETIREE)(IBD SPECIAL REPORT)
January 31, 2002... Byline: STUART WEISS Many features in June's tax reform law can help people invest and save for retirement. Several key rules didn't kick in until Jan. 1. This is especially good news for baby boomers. The oldest are in their...

Work May Stop, But The Paychecks Can Keep On Coming THE ENDLESS SALARY The trick is setting up a growth-for-income plan, which lets investors draw income every month.(SERIES: THE NEW RETIREE)(IBD SPECIAL REPORT)
January 31, 2002... Byline: NANCY GONDO When Scandinavian Airlines System shuttered its Los Angeles operations in the mid-1990s, Marcelo Olavarria found himself out of work. Since he was in his mid-50s at the time, he wasn't ready to retire. Nor did he want...

Accounting For Taxing Withdrawals THE 401(K) There might be gold in retirement plans, but getting at it is tough.(SERIES: THE NEW RETIREE)(IBD SPECIAL REPORT)
January 31, 2002... Byline: PAUL KATZEFF In 2001, a whopping 80% of U.S. diversified stock funds lost money, says Morningstar Inc. Odds are the funds in your 401(k) plan were among the losers. But it's not easy to invest the money more productively. ...

Mantell At A Glance.(LEADERS & SUCCESS)
January 31, 2002... Mantell At A Glance Born: 1790 in Lewes, England. Died: 1852 in London. Education: Informal schooling; apprenticed in medicine. Achievements: Discovered Iguanodon, one of the first known dinosaurs, in 1821. Become a...

Laurindo Almeida Followed His Dream Sound Of Success: The guitarist's innovations broadened jazz and paved the way for Bossa Nova.(LEADERS & SUCCESS)
January 31, 2002... Byline: CAROL TALBOTT Laurindo Almeida had a choice: Play the guitar and be scorned by other boys, or give it up and fit in. He chose the scorn. His rejection of the status quo helped make Almeida (1917-95) one of the world's...

COMMUNICATE EFFECTIVELY Lead Them Arm In Arm.(LEADERS & SUCCESS)(IBD'S 10 SECRETS TO SUCCESS)
January 31, 2002... Byline: Cord Cooper 9 To move your company forward, try leading side by side instead of out front. Side-by-side leaders ask for others' opinions before expressing their own, and often widen their "idea pool" as a result. They not...

Scientist Resurrected Dinosaurs Focus On Goals: Gideon Mantell persevered till his books were Jurassic classics.(LEADERS & SUCCESS)
January 31, 2002... Byline: AMY REEVES Gideon Algernon Mantell knew he was on to something. The trouble was, no one else believed him. The son of a rural English shoemaker, Mantell was a doctor who loved fossils. He'd been puzzling over some large...

TECHBITS.(INTERNET & TECHNOLOGY)
January 31, 2002... Byline: Katharine Stalter Director Lynch Starts For-Pay Site Long-gone firms like Pop.com and Digital Entertainment Network crashed and burned trying to sell short films by unknown directors over the Web. But well-known filmmaker...

Is Free Shipping A Risky Bet? Analysts divided over Amazon's decision to offer free shipping.(INTERNET & TECHNOLOGY)
January 31, 2002... Byline: PETE BARLAS Amazon.com Inc. wants to prove it can profit from offering a free lunch on the Web. Last week, the online retailer began offering free shipping on some orders of $99 or more for the entire year. Previously, Amazon...

Group Looks To Cut Spam By Labeling Genuine Mail.(INTERNET & TECHNOLOGY)
January 31, 2002... Byline: DONNA HOWELL E-mail users have a dilemma. Which messages are spam and should be canned? Spam, which is unwanted marketing messages, accounts for at least 30% of e-mails sent, by some tallies. But telling spam from normal...

AT&T Results Show Long-Distance Market Far From Healthy Data Services Slowing As Well Telecom industry could see shakeout, with many firms buried by too much debt.(INTERNET & TECHNOLOGY)
January 31, 2002... Byline: REINHARDT KRAUSE AT&T Corp. did little to calm telecom investors Wednesday when it reported fourth-quarter results. The company beat earnings expectations by a penny, but it gave a dour forecast for long-distance services....

Despite Slowing Growth, Cingular Won't Pursue Prepaid Plan Customers Prepaid "Doesn't Make Sense' Company trails competition in adding new subscribers as it looks for "quality' users.(INTERNET & TECHNOLOGY)
January 31, 2002... Byline: REINHARDT KRAUSE Is Cingular Wireless Inc. making excuses or doing the right thing? Subscriber growth is slowing at the No. 2 wireless phone service, a joint venture of SBC Communications Inc. and BellSouth Corp. But...

E-Mail Can Get Lost When Changing Internet Providers The No. 1 Complaint But ways exist to help individuals, companies ease a tricky transition.(INTERNET & TECHNOLOGY)(COMPUTERS MADE PLAIN)
January 31, 2002... Byline: LYNN WALFORD Getting high-speed Internet service installed can be a hassle, with long waits and technical problems. Switching broadband services can be even worse. If you don't take precautions, you may suffer headaches. ...

It's Nokia And Also-Rans In The 2002 Handset Race.(INTERNET & TECHNOLOGY)
January 31, 2002... Byline: SARAH Z. SLEEPER The 2002 cell phone race begins with Nokia widening its lead, Motorola hanging onto the No. 2 position and Siemens possibly nosing into third place. Also among the leaders, Ericsson likely lost its standing...

Telling The Truth.(TO THE POINT)(EDITORIALS)
January 31, 2002... Enron: Lawmakers are using the energy firm's collapse to push their pet cause. But all the incident shows is that capitalism requires transparency. From campaign finance reform to more energy rules to killing private retirement accounts,...

Stamps.com Looking To Stick Around New Web Site Easier To Use Seller of postage via Web took a licking as its service proved to be no killer app.(INTERNET & TECHNOLOGY)
January 31, 2002... Byline: PETE BARLAS Stamps.com Inc. has taken a licking, but the company is sticking to its business of selling postage over the Internet -- with a few changes. By midyear, Stamps.com plans to sell a revised version of its online...

Software From Laplink Is Helping Wireless PDA Users Stay Connected Business Travelers Key Users Firm faces challenges at a time when software is sold as a service, not a product.(INTERNET & TECHNOLOGY)(Q & A)
January 31, 2002... Byline: LYNN WALFORD In the 19-year life of his company, Mark Eppley has been called many things: computing's clown prince, visionary and survivor. Eppley is founder and chief executive of LapLink -- formerly Traveling Software --...

HOVNANIAN ENTERPRISES INC. Red Bank, New Jersey Builder Constructs A Whole New Market.(THE NEW AMERICA)
January 31, 2002... Byline: ROBIN M. GRUGAL Prospects for 2002 already looked good for Hovnanian Enterprises Inc. before its January purchase of the Forecast Group. The combination places Hovnanian No. 8 among U.S. home builders, up from No. 10 before...

ARTHUR J. GALLAGHER & CO. Itasca, Illinois As Premiums Rise, So Does This Firm.(THE NEW AMERICA)
January 31, 2002... Byline: STEVE WATKINS Insurance prices have been shooting through the roof. That's bad for companies buying insurance, but great for those selling it. As an insurance broker, Arthur J. Gallagher & Co. gains from those price hikes. It...

NASTECH PHARMACEUTICAL CO. Hauppauge, New York Small Drug Firm Looks To Big Guys For Help.(THE NEW AMERICA)
January 31, 2002... Byline: GLORIA LAU Nastech Pharmaceutical, a tiny drug firm based in a nondescript Long Island, N.Y., suburb, is faced with the daunting task of signing up a big corporate partner. Unlike most drug makers, Nastech doesn't discover or...

KEY FUND HOLDINGS.(MUTUAL FUNDS)
January 31, 2002... Key Fund Holdings / PMI Group was a top holding of Franklin California Growth Fund in the latest reporting period. Shares are trading in a base that began June 13 when the stock reached 74.50. The stock is 8% off that mark. Earnings rose 17%...

Vanguard Leads In 2001 Inflow Group Took In $35 Bil T. Rowe's stock funds protected assets best among the big families.(MUTUAL FUNDS)
January 31, 2002... Byline: DAN MOREAU Vanguard Group was the top selling fund group last year. Among the 20 biggest fund groups, T. Rowe Price Group took top honors for having the best performing U.S. stock funds last year. American Funds' U.S. stock...

Stock Fund Inflow Slowed During Dec. Tapered Off To $3 Billion But several large groups say investor buying turned vigorous again in January.(MUTUAL FUNDS)
January 31, 2002... Byline: DAN MOREAU After sharply curtailing purchases of stock mutual funds in December, investors' appetite for them at several large groups snapped back in January. The results came as the Nasdaq rose 1% in December and then fell...

Half Measures: Argentina Failed To Fully Accept Free Markets.(ISSUES & INSIGHTS)(BRAIN TRUST)
January 31, 2002... Byline: DOUG BANDOW Argentina, one of the world's richest countries after World War II, is falling into chaos. Its new government has desperately lurched leftward, back to the old-fashioned populism that virtually destroyed the economy...

A Spending Spigot?(ISSUES & INSIGHTS)(EDITORIALS)
January 31, 2002... Budget: For obvious reasons, President Bush wants more dollars for security. That's an honorable request, but there should be no blank check. While Bush readies a $2.1 trillion package that reportedly will include a 9% hike in defense...

Capitalism's Children.(ISSUES & INSIGHTS)(EDITORIALS)
January 31, 2002... Protest: Malcontents will descend this week on the World Economic Forum in New York City -- all to carp at the capitalism that cradles them. With all the accouterments of capitalism at their disposal -- cell phones, pagers, Palms, etc....

Thinking The Unthinkable -- Can Israel Survive "Holy War'?(ISSUES & INSIGHTS)(NATIONAL ISSUE)
January 31, 2002... Byline: BRIAN MITCHELL Software millionaire Ron Unz expected outrage when he wrote to Commentary magazine to say that Israel's days are numbered. What he got instead was applause. That's not good for Israel. It's not good for the...

THE REAL MOST ACTIVE Fed's Positive View Buoys NYSE Stocks.(MAKING MONEY)
January 31, 2002... Byline: JONAH KERI Encouraging words from the Federal Reserve boosted the major indexes Wednesday, turning tepid NYSE stocks into winners on higher volume. The Fed declined to raise rates, citing the improving economy. That helped push...

THE REAL MOST ACTIVE Nasdaq Wrings Win From News-Filled Day.(B)
January 31, 2002... Byline: Christina Wise The Nasdaq composite slipped south for much of Wednesday, but changed direction in the afternoon to close with a 1.1% gain. Selected computer names moved north. Internet banking firm Digital Insight popped up...

Dime Bancorp Tops Views, Then Pulls Back.(B)(NASDAQ STOCKS IN THE NEWS)
January 31, 2002... Byline: Christina Wise Dime Community Bancshares more than doubled in price in a year, then fell into its current base in August. By Jan. 16, the stock had clawed its way back within 0.50 point of its old high. It's since pulled back and...

Checking Your Stocks' Vital Signs.(THE SMART INVESTOR)(INVESTORS.COM CORNER)
January 31, 2002... If you've been following this column recently, you are aware of IBD Stock Checkup's ability to separate the leaders from the laggards in the market. This makes it a useful validation tool. You also know that proprietary ratings found here...

System Speeds His Screening Process.(THE SMART INVESTOR)(IBD INVESTOR PROFILE)
January 31, 2002... Byline: CLAIRE MENCKE George Gunn, a Federal Aviation Administration safety inspector, does not have tons of time for researching and tracking investments. He's on call with his job 24-7. And during evenings, he's training on new...

Always Keep Your Losses Small.(A)(INVESTOR'S CORNER)
January 30, 2002... Byline: JONAH KERI It keeps you safe from damage during a bear market. It helps you save your capital for big winners in bull markets. It's the cardinal rule of growth investing. So why do so many investors fail to cut losses? How...

New Tyco Disclosures, Auditing Woes At PNC, Williams Crush Stocks Near 3% Losses All Around Ties to related businesses and their liabilities raise fears of debt time bombs.(A)
January 30, 2002... Byline: IBD STAFF Fresh worries over accounting at Tyco, Williams Cos. and PNC Financial on Tuesday slammed a stock market already skittish over the scandal at Enron. Despite good news on durable goods and consumer confidence, the...

Solid 2% Rise In Durable Goods Orders Sends Another Sign Economy Is Reviving Is Inventory Downturn Over? Sept.11 defense outlays gave big boost to orders; high tech bounces back.(A)(ECONOMY IN PERSPECTIVE)
January 30, 2002... Byline: CHARLES OLIVER Durable goods orders climbed sharply in December, suggesting that the worst of the recession may be over. The Commerce Department said orders for items intended to last three years or more rose 2% to $176.4...

IBD'S TOP 10.(A)
January 30, 2002... Sellers Trample Market Indexes 1Traders ignored positive economic reports amid mounting earnings and accounting worries. The S&P 500 dropped 2.9%, the Dow industrials 2.5% and the Nasdaq 2.6%. Volume was up. Though the losses were spread...

AFTER THE CLOSE.(TO THE POINT)
January 30, 2002... KRAFT FOODS met Q4 views of 32 cents, up 10%. Sales swelled 27% to $8.7 bil. It sees $2-$2.05 in '02 vs. analysts' $1.99, up 66%. DARDEN RESTAURANTS said Jan. same-store sales at Red Lobster grew 15%-16%. Olive Garden's jumped 11%-12%....

BUSINESS BRIEFS.(TO THE POINT)
January 30, 2002... CONSUMER Coke meets views, volume weak The No. 1 soft drink maker earned 37 cents in Q4, down 3% and in line with analyst targets. Coca-Cola warned that volume growth in '02 will likely be at the low end of views, due to weak...

BUSINESS BRIEFS.(TO THE POINT)
January 30, 2002... MEDICAL Merck plans IPO for Merck-Medco The drug maker plans to offer a portion of the pharmacy benefits management unit's shares by mid-'02. The move should help Merck boost profit by shedding the lower-margin business, analysts...

BUSINESS BRIEFS.(TO THE POINT)
January 30, 2002... TRANSPORTATION Ford defends safety of Mustang The automaker rejected claims it compromised safety on convertible models of the popular sports car from '94 to '98. Joseph Fried, an Atlanta lawyer, said he had proof, including Ford...

BUSINESS BRIEFS.(TO THE POINT)
January 30, 2002... TELECOM WorldCom dives 13% on rumors The long-distance company fell 1.60 to a five-year low of 10.40 on fears credit rating agencies will downgrade its debt to junk status. Standard & Poor's denied such action was planned. It rates...

THE ECONOMY.(TO THE POINT)
January 30, 2002... ISI weekly company index gains It rose to 39.2 in the Jan. 25 week from 38.5 the week before. The besieged airlines and manufacturing sectors improved. Autos, with the lure of free financing fading, weakened for the third week in a row....

IN BRIEF.(TO THE POINT)
January 30, 2002... Cendant fell 1.83, or 10%, to 16.52 amid accounting fears. The travel services and real estate firm said it wasn't aware of any upcoming negative media coverage. It also plans to top Q4 and '02 profit views. Boeing won a deal worth up to...

NATION.(TO THE POINT)
January 30, 2002... Afghan leader vows democracy Hamid Karzai said democracy will thrive in his country and elections will be held in two years. He promised his interim government will never abandon the war against terror. Karzai said his government will...

WORLD.(TO THE POINT)
January 30, 2002... Japan's foreign minister ousted Prime Minister Junichiro Koizumi fired his popular foreign minister and her top deputy over a feud that has held up passage of budget legislation in Parliament. Foreign Minister Makiko Tanaka has been key...

TRENDS & INNOVATIONS.(TO THE POINT)
January 30, 2002... Men with PCBs have more boys Those with higher levels of the polluting chemicals in their bodies are slightly more likely to father boys, a Michigan State University study found. PCBs act like hormones and can cause cancer and...

TRENDS & INNOVATIONS.(TO THE POINT)
January 30, 2002... Teddy bears may be banned from doctors' waiting rooms because they can spread infections to already sick kids, New Zealand public health specialists said. Yoga-based meditation can provide short-term relief for people with mild to severe...

Robinson At A Glance.(LEADERS & SUCCESS)
January 30, 2002... Robinson At A Glance Born: 1919 in Jackson, La. Education: Bachelor's degree from Leland College in Baker, La. Master's degree from the University of Iowa. Achievements: Coached at Grambling from 1941 to 1998. Holds...

Robert Ludlum Penned Way To Mastery Power Of Words: His focus helped him write more than 20 books, sell more than 220 million copies.(LEADERS & SUCCESS)
January 30, 2002... Byline: KERRY JACKSON Focus is the key to great work, Robert Ludlum knew. And for him, solitude was the only way to get it. So Ludlum (1927-2001) rose at 4:30 in the morning to start to write. Not in an attempt to capture the...

INNOVATE; BE DIFFERENT Follow Innovators' Traits.(LEADERS & SUCCESS)(IBD'S 10 SECRETS TO SUCCESS)
January 30, 2002... Byline: Cord Cooper 8A quick look through history shows innovators in a range of fields developed traits we can all use. They were endlessly curious. Artist, architect and engineer Leonardo da Vinci drew the first known plans for...

Eddie Robinson Is The Champ Play To Win: Integrity helped make him the winningest college football coach.(LEADERS & SUCCESS)
January 30, 2002... Byline: MICHAEL MINK Eddie Robinson had big dreams. Too big, it seemed to many, for a poor black youth in the segregated South of the early 20th century. But Robinson wasn't going to let his disadvantages stop him. "I was...

TECHBITS.(INTERNET & TECHNOLOGY)
January 30, 2002... Byline: Jed Graham and Patrick Seitz Searching For Chu Mei-Feng You don't have to look hard to find the latest Enron news on the Web. But the interest generated by the Texas-sized accounting scandal can't hold a candle to the fervor...

Thin Clients Back In Spotlight Once overhyped, devices win praise for low cost, ease of use.(INTERNET & TECHNOLOGY)
January 30, 2002... Byline: PATRICK SEITZ Companies looking to cut the cost of buying and maintaining computers are giving "thin client" devices a second look. Unlike "fat client" personal computers, thin clients do little data processing. They let a...

Brainhat's Goal: Computers That Can Converse Intelligently Discerning Speech Patterns Company's software could be useful for entertainment and customer service calls.(INTERNET & TECHNOLOGY)
January 30, 2002... Byline: J. BONASIA Machines can talk. That is, recorded voices put in machines can mouth some simple words. But the Holy Grail of speech recognition is to make machines that can converse "intelligently" back and forth with people in...

Palmisano To Lead IBM, Putting An Insider Back In Charge After Gertsner Some Tough Decisions Ahead Gertsner brought outsider perspective, but Palmisano has always worked at IBM.(INTERNET & TECHNOLOGY)
January 30, 2002... Byline: DOUG TSURUOKA It's a tough act to follow. But the man replacing Louis Gerstner has been on stage a long time. IBM Corp. Tuesday named Samuel Palmisano its new chief executive. The nearly 30-year veteran of the company takes...

Subscriber Growth Beat Expectations At AT&T Wireless Cut Customer Turnover Rate Despite a large Q4 loss, analysts say the results produced a "solid quarter'.(INTERNET & TECHNOLOGY)
January 30, 2002... Byline: FROM REUTERS AT&T Wireless Services Inc., the nation's third-largest wireless operator, on Tuesday posted a fourth-quarter net loss. But the company said it added more customers than analysts had expected, countering an industry...

New Handhelds Seen Elevating E-Books Sales Still Need Spark Microsoft, Adobe, Palm all have new products that could open door.(INTERNET & TECHNOLOGY)(COMPUTERS MADE PLAIN)
January 30, 2002... Byline: LYNN WALFORD E-books had a rough start. There was much fanfare when they first emerged, but few titles were available, prices were high and they were cumbersome to buy and download. Now there are some promising signs for...

Hackers Often Choose Their Corporate Targets Not So Many Random Acts Study says technology, finance, power companies are most often victimized.(INTERNET & TECHNOLOGY)
January 30, 2002... Byline: DONNA HOWELL Tech, finance and power firms are among those most hit by hackers, says a new study. The study also concludes that attackers target their victims, rather than simply seek systems that are easy to get into. "To...

RSA Security Wrestles With Fallout From SEC Investigation Investors Wary Post-Enron Way company disclosed how it now records sales sparked a steep sell-off.(INTERNET & TECHNOLOGY)
January 30, 2002... Byline: DONNA HOWELL Charges of financial impropriety in the Enron Corp. collapse are surfacing daily. That makes it a bad time for any company to unearth an accounting issue. Computer security firm RSA Security Inc. learned that the...

VIRAGE LOGIC CORP. Fremont, California A Logical Way To Make Money In The Chip Sector.(THE NEW AMERICA)
January 30, 2002... Byline: AMY REEVES Since the start of the semiconductor slump, chipmakers have been trying to cut production costs. But some firms have an advantage: They don't have any production costs to cut. One such company is Virage Logic...

AZTAR CORP. Phoenix, Arizona Success In Atlantic City Helps This Firm Cash In.(THE NEW AMERICA)
January 30, 2002... Byline: ALAN R. ELLIOTT United we bet. Gaming tables across the U.S. briefly went quiet following Sept. 11, and a muted Las Vegas strip is still recovering. But in Atlantic City, N.J., gamblers quickly returned to ante up their...