Investor's Business Daily articles from May 2001

Investor's Business Daily archives from May 2001

How Kings Of Cash Keep It Flowing Leading Companies Hold Down Costs As They Invest Heavily.(A)(IBD CORPORATE LEADERS)
May 1, 2001... Byline: David Saito-Chung Show me the money, or more precisely, the cash. With the slowing economy, cash flow is more critical than ever. Firms with little or no cash flow are getting squeezed as sales and profit margins contract. ...

How And Where To Find Future Stock Winners.(A)(INVESTOR'S CORNER)
May 1, 2001... Byline: David Saito-Chung The Internet has become a wonderful source of information about stocks and companies. But don't let it bog you down. If you want to own future leaders of the market, don't waste valuable time trying to find...

IBD'S TOP 10.(A)
May 1, 2001... Cheney Warns On Energy: Blackout Disease Infectious 1Vice President Dick Cheney warned the U.S. could face California-style blackouts. He outlined a strategy relying heavily on oil, natural gas and nuclear power. Conservation, while...

AFTER THE CLOSE.(A)
May 1, 2001... RUDOLPH TECHNOLOGIES' first-quarter profit rose 111% to 38 cents, beating views by 2 cents. The chip gear maker sees second-quarter sales up 10% to 20%, but below the first. BARRETT RESOURCES rejected a revised $2 billion, $60-a-share...

BUSINESS NEWS.(A)
May 1, 2001... Oracle still can't see sales future The firm said its outlook remained cloudy, but sales should get a boost fromthe release of its new database software and shipments of its e-business applications. Oracle will begin shipping its 9i...

BUSINESS NEWS.(A)
May 1, 2001... Pier 1 Imports cuts 1st-qtr views The home furnishings retailer sees earnings of 12 to 16 cents a share in itsfirst quarter vs. views of 18 cents. The firm says April same-store sales wereflat to slightly negative. Same-store sales growth...

BUSINESS NEWS.(A)
May 1, 2001... Computer Associates shares fall on charge of dubious accounting The software maker defended its new accounting model that lets it count revenue from short-term subscriptions. The model will benefit the firm and customers and has been...

THE WORLD.(A)
May 1, 2001... Iran still tops in terrorism: report A State Department report said Iran's Revolutionary Guard Corps and the Ministry of Intelligence and Security "continued to be involved in the planningand execution of terrorist acts and continued to...

THE ECONOMY.(A)
May 1, 2001... Federal Reserve watchdog group blasts Fed's easy money policy The Shadow Open Market Committee, a group of private economists, sharply criticized the Federal Reserve's recent interest rate cuts, warning the Fed is ignoring the risk of...

WASHINGTON.(A)
May 1, 2001... U.S. inspectors ready Hainan trip to plan return of downed EP-3E A small group of defense contractors headed to Hawaii to prepare to fly to China's Hainan Island. They'll determine how to disassemble the Navy spy plane.The team of five...

6. Lessons From The Garden.(A)(IBD'S 10 SECRETS TO SUCCESS)
May 1, 2001... Byline: Amy Alexander Summer days for Carol McGarry begin with a walk through flowers. McGarry is executive vice president at Schwartz Communications Inc. inWaltham, Mass., and an avid gardener. Each summer morning, she peers at the...

Writer Pearl S. Buck Focus On Details Pushed Her Prose To The Top Of The Literary World.(A)
May 1, 2001... Byline: Nancy Gondo Most authors hope to get picked for the Book-of-the-Month Club, as it can help boost sales. But when Pearl S. Buck's "The Good Earth" was chosen in 1931, she had no idea what it meant. Buck (1892-1973) was so...

Newscaster Sam Donaldson Dedication Keeps Him At The Top.(A)
May 1, 2001... Byline: Curt Schleier Sam Donaldson had an epiphany between his first and second years at the New Mexico Military Institute. His widowed mother sent her rambunctious son to the high school hoping he'd pick up some discipline. But as...

Wisdom To Live By ...(A)
May 1, 2001... ON ATTITUDE Good thoughts bear good fruit, bad thoughts bear bad fruit -- and man is hisown gardener. James Allen, novelist ON RESULTS Gardening requires lots of water -- most of it in the form of perspiration. Lou...

TECHBITS.(A)
May 1, 2001... Byline: J. Bonasia U.S. Officials: Chinese Hackers Ready To Strike Back This Week Bad feelings about the downed American spy plane are dying hard. The National Infrastructure Protection Center has warned computer system...

NETWORKING CHIPS Infineon Acquisition Could Preface More Optical Chip Deals.(A)
May 1, 2001... Byline: James DeTar The Europeans have shown up for the latest round of mergers in the network chip market. Germany's Infineon Technologies AG announced Monday that it would buy San Jose, Calif.-based chipmaker Catamaran Communications...

SEMICONDUCTORS FEI Emerges As Defect Hunter As chips - and margin for error - shrink, company helps firms find problems.(A)
May 1, 2001... Byline: Jed Graham The devil may be in the details for chip manufacturers, but that's where the profit is for FEI Co. Consider that the chip industry is moving toward making chips with transistors that are just 0.13 micron in diameter...

PERSONAL COMPUTERS Remote Control: It's Not Just For Your TV.(A)(COMPUTERS MADE PLAIN)
May 1, 2001... Byline: Lynn Walford Even in an age of Palms, Blackberries and other sophisticated hand-held computers, you probably still have most of your important files on your desktop computer. Fortunately, there are a number of ways to access...

TELECOMS Digex Deal Should Give WorldCom A Data Boost.(A)
May 1, 2001... Byline: Reinhardt Krause When Mark Shull starts working for Bernie Ebbers, it looks like the chief executive of Digex Inc. will still run his own show. That could be key to making WorldCom Inc.'s latest acquisition a success. The...

BroadVision Looks Closely At Product Upgrades, Expansions.(A)(Q & A)
May 1, 2001... Byline: Murray Coleman It takes money to make money. Just ask BroadVision Inc. The software maker is seen as the leader in Internet applications that make it easier for companies to swap information online. But the Redwood City,...

PHARMACEUTICAL PRODUCT DEVELOPMENT INC. / Wilmington, North Carolina Diversity Is The Right Medicine For These Guys.(A)
May 1, 2001... Byline: Gloria Lau In 1997, when most companies in the contract research industry watched annual earnings grow more than 30%, one was busy making big changes. That company, Pharmaceutical Product Development Inc., is one of the...

SPINNAKER EXPLORATION CO. / Houston, Texas New Fuel Field In Gulf Has Supplier Revved Up.(A)
May 1, 2001... Byline: Kirk Shinkle In the long-tapped fuel reservoirs of the Gulf of Mexico, Spinnaker Exploration Co. hopes it can live up to the name of its new field: Front Runner. The petroleum exploration and production firm has a 25% stake in...

AFC ENTERPRISES INC. / Atlanta, Georgia This Fast Fast-Food Firm Is No Chicken Little.(A)
May 1, 2001... Byline: Marilyn Much Frank Belatti likes to connect with his team. So about twice a month, the chairman and chief executive of AFC Enterprises Inc. fires off a newsy e-mail called "Frankly Speaking" to inspire and motivateemployees....

Consumers Spend Less On Big Items But More Overall.(A)
May 1, 2001... Byline: AP Consumers spent modestly in March but cut back sharply on purchases of big-ticket items such as cars. Incomes rose more quickly than spending. The Commerce Department reported Monday that Americans' spending grew by 0.3%...

Voted Out Of A Job? It May Not Be So Bad.(A)(NEWS FOR YOU)
May 1, 2001... Byline: Lia Haberman Getting laid off is a little like having the tribal councilvote you off "Survivor." Sure, you no longer have a chance at the big prize, but you can finally start living like a human being again while the rest of your...

NYSE Stocks In The News.(A)
May 1, 2001... Byline: Christina Wise Houston Exploration more than doubled in price between March and December last year. The stock then fell into its current 18-week base. In recent weeks, it seems to have started to form the right side of its base....

Top Cash-Flow Firms Hit Demanding Marks.(A)(IBD CORPORATE LEADERS)
May 1, 2001... Byline: David Saito-Chung IBD built its cash-flow list first by culling stocks with an Earnings Per Share Rating of 80 or higher and a price of at least $12 ashare. These companies also had to have an earnings growth estimate of at least...

FEDERAL RAIL BARON TURNS 30.(A)(EDITORIALS)
May 1, 2001... One of the federal government's most visible flops turns30 years old Tuesday. But the celebrations for Amtrak should wait until it's carried its last passenger. There's no reason to honor a program that's taken taxpayers on a pocket-picking...

TOO LITTLE SAVINGS?(A)(EDITORIALS)
May 1, 2001... Another day, another set of data. And another reason to worry. This time, it's the savings rate. Economists and politicians wring theirhands and gnash their teeth over Americans spending more than they earn. They shouldn't. Monday's news...

POISONING BUSH'S PRESIDENCY.(A)(EDITORIALS)
May 1, 2001... "So you can look me in the eye and say that you are a president committed to cleaning up the environment?" NBC's Matt Lauer demanded of President Bush last week. Is it any wonder that media bias during Bush's first 100 days is clear even to the...

A True Democrat: Zell Miller Recalls His Party's Past By Opposing Taxes.(A)(BRAIN TRUST)
May 1, 2001... Byline: Merrill Matthews Jr. We have been subjected to a lot of nonsense over the past eight years about the difference between an Old Democrat and a New Democrat. Bill Clinton came waltzing into Washington in 1993 on the claim that he...

Strikes To Have Dramatic Impact Beyond Hollywood's Big Studios.(A)(NATIONAL ISSUE)
May 1, 2001... Byline: Charles Oliver Rolling blackouts. Soaring gasoline prices. A slow-growing national economy. What's next for the Southern California economy?How about strikes that could shut down one of the region's biggest industries? Well,...

KEY FUND HOLDINGS.(MAKING MONEY IN MUTUALS)
May 1, 2001... Key Fund Holdings / DaVita was a top new buy and HibbettSporting Goods was a top holding of Fidelity Small Cap Stock Fund in its latest reporting period. DaVita's earnings rose 433% and 114% in the past two quarters. The stock has formed a...

Record $20.6 Bil Pulled From Stock Funds But after March purge, investors resumed net buying at big groups.(B)(INVESTMENT TRENDS)
May 1, 2001... Byline: Dan Moreau Investors yanked a record $20.6 billion out of stock funds in March, the Investment Company Institute reported. But money apparentlymoved back into them in April. The record outflow occurred as the stock market was...

Small-Cap Funds Quietly Staging A Comeback Big-cap techs are out, so investors are looking for a value in new names.(B)(INVESTMENT TRENDS)
May 1, 2001... Byline: Ken Hoover Small-cap stocks are mounting a comeback after seven years of neglect. They went along for the ride with tech stocks in the wild run-up from 1999 to March 2000. They shared in the carnage that followed. But without...

Save Time. Use IBD SmartSelectF Corporate Ratings.(B)
May 1, 2001... SmartSelect' Composite Rating - Combines all 5 SmartSelect' Ratings into one easy-to-use rating. More weight is placed on EPS and RS Ratings, and the stock's percent off its 52-week high is also included in the formula. Results are then...

The Real Most Active - NASDAQ.(B)
May 1, 2001... Techs and medical stocks lifted the Nasdaq higher Monday. The index gained 40.56 points, or 2%, to 2116.24 on heavier volume. TheNasdaq 100 added 2.47% to 1855.15. BEI Technologies surged 3.13 to 25 on six times usual trade. The electronic...

Where The Big Money's Flowing - NASDAQ.(B)
May 1, 2001... 9197B15.38PECSltns PECS15.890.64480999 8770B17.88Clark Bardes CLKB12.900.90147571 7893B21.50WilsnLeathr WLSN22.132.681,008556 7697B17.63Powell Inds POWL17.850.90349526 9897B13.55I C T Group ICTG14.000.55135511 ...

NASDAQ Stocks In The News.(B)
May 1, 2001... On Monday, Cytyc hit a new high as it cleared a 41-week base on double typical volume. The stock closed 4% above its pivot point of 22.79. In the past six weeks, its Relative Price Strength Rating has improved to 82from 46. Its Relative...

Price Cuts And Earnings Slowdown Leave Carnival In Troubled Waters.(A)(COMPANY IN THE NEWS)
May 2, 2001... Byline: Marilyn Alva Cruise operators have been seasick for more than a year,what with all the fire-sale prices they've had to offer just to keep their ships filled with passengers. Carnival Corp. can tell you all about it. With 44...

Leading Companies Turn Inventory Quickly.(A)(INVESTOR'S CORNER)
May 2, 2001... Byline: Christina Wise In the 1990s, Dell Computer cut out distributors to sellits made-to-order PCs directly to customers. Discount retailer Wal-Mart focused on logistics and just-in-time inventory to keep its costs low. What do these...

IBD'S TOP 10.(A)
May 2, 2001... House, Senate Republicans Agree To $1.35 Tril Tax Cut 1The deal struck by leading Republicans shrinks President Bush's proposed 10-year, $1.6 trillion tax cut by $350 billion. Unlike Bush's initial plan, thedeal adds $100 billion in...

AFTER THE CLOSE.(A)
May 2, 2001... GENERAL MOTORS OK'd further talks to discuss merging itsHughes Electronics unit, which owns the DirecTV satellite TV provider, with News Corp.'s TV satellite network Sky Global. TRICON GLOBAL met first-quarter views of 59 cents a share,...

BUSINESS NEWS.(A)
May 2, 2001... Nextel lowers loss, to slash staff Nextel Communications lost 56 cents a share in the first quarter vs. a 59-cent loss a year ago. It beat views by a penny, as it added 695,400 global subscribers in the quarter. But the wireless operator...

BUSINESS NEWS.(A)
May 2, 2001... Apple getting serious with iBook The firm unveiled a thinner, lighter, cheaper version of its notebook computer. Gone are the old colorful, clamshell iBooks. The new consumer portable looks more like Apple's popular Titanium PowerBook for...

BUSINESS NEWS.(A)
May 2, 2001... Builder Pulte buying Del Webb The home builder will buy the builder of homes for active seniors for $800 million in stock. Pulte also will assume $1 billion in debt. The transaction will help Pulte cater to aging, wealthy baby boomers. It...

THE ECONOMY.(A)
May 2, 2001... Economic rebound in second half seen by Kansas City Fed chief President Thomas Hoenig says there are still risks, such as higher energy costs and shaky consumer and business confidence. But he sees the economy growing 2% to 3% this...

WASHINGTON.(A)
May 2, 2001... Bush urges leaders in Congress to extend immigration deadline President Bush wants to extend last Monday's deadline to let illegal immigrants remain in the U.S. while they pursue legal residency. White House spokesman Ari Fleischer...

THE WORLD.(A)
May 2, 2001... Anti-globalists raise global ruckus Hundreds of protesters fought with riot police in Australia on May Day, a labor holiday. Police in Berlin clashed with violent leftists before dawn. Stores in Britain boarded up windows as police braced...

7. Using People Skills To Focus Time.(A)(IBD'S 10 SECRETS TO SUCCESS)
May 2, 2001... Byline: Amy Alexander Improve your interpersonal skills and you'll make betteruse of your time, says Eugene Griessman, executive coach, professional speakerand author of "Time Tactics of Very Successful People" (McGraw-Hill, 1994). In...

Explorer Meriwether Lewis Commitment To Preparation Paved The Way To A Successful Expedition.(A)
May 2, 2001... Byline: Kerry Jackson Long before he would lead a famous expedition across thecontinent, Meriwether Lewis was preparing himself for the demands that are required of an explorer. "When he was 8 years old," wrote Thomas Jefferson, a...

T-Shirt Maker H. Greg Chamandy He Downsized A Family Business To Make It A Giant.(A)
May 2, 2001... Byline: Marilyn Much H. Greg Chamandy knew there were big bucks to be made inT-shirts. He and his brother Glenn started selling knit fabrics to Canadian T-shirt and sweatshirt makers in 1984. But they had to figure out how to tap into...

Wisdom To Live By . . .(A)
May 2, 2001... ON FOCUSING TIME Guard your spare moments. They are like uncut diamonds. Discard them and their value will never be known. Improve them and they will become the brightest gems in a useful life. Ralph Waldo Emerson, essayist I...

TECHBITS.(A)
May 2, 2001... Byline: Peter Benesh Rainwear Organizes Tech Gear, But Watch Out In A Downpour The latest thing from tech-happy Japan is rainwear with special pockets for wireless widgets. The company with the high-tech fashion gear is Sanyo...

TECH SERVICES CACI Goes Great Guns Amid Defense's Growth Plans.(A)
May 2, 2001... Byline: J. Bonasia Happy days are here again, at least for a handful of technology firms. As most of the tech sector swirls down the drain, the Bush administration's proposed increases in military spending are lifting the boats of...

COMPUTER MAKERS Apple Tones Down Its Designs A Bit With Latest iBook.(A)
May 2, 2001... Byline: Patrick Seitz Maverick personal computer maker Apple Computer Inc. is turning conservative. Known for its funky-shaped, wild-colored personal computers, Apple now realizes it needs to rein in its far-out design philosophy to...

INTERNET SERVICE PROVIDERS EarthLink Makes A Pricey Play Company sees demand for speedy satellite service, despite sky-high fees.(A)
May 2, 2001... Byline: Pete Barlas EarthLink Inc. is ready to bring speedy Internet serviceto rural customers -- if they're ready to pay for it. The No. 2 Internet service provider on Tuesday began offering Net access viasatellites to residents...

Why New CEO Took A Flier On Iridium.(A)(Q & A)
May 2, 2001... Byline: Peter Benesh In December, Iridium Satellite LLC, a consortium headed by Dan Colussy, bought assets of bankrupt Iridium LLC for $25 million. The system had cost Motorola Inc. and its partners $5 billion. Iridium Satellite is...

Got Bandwidth? Now It's Easier To Get More.(A)
May 2, 2001... Byline: Reinhardt Krause At gene researcher Incyte Genomics Inc., you'd expect tofind cutting-edge biotech tools. Incyte sells gene data and analytical tools to drug companies. Its research labs are filled with biotech gear and...

Making A Video Game Can Be Child's Play.(A)(COMPUTERS MADE PLAIN)
May 2, 2001... Byline: Nancy Gondo Tired of seeing your kids vegetate in front of video games? Why not turn their hobby into something useful by helping them create their own games? Or perhaps you'd like to try your hand at making a video game. ...

WIRELESS COMMUNICATIONS Round 2 Begins For Battered Satellite Phone Carriers.(A)
May 2, 2001... Byline: Peter Benesh They're like a pair of bruised and bleeding bare-knucklers trying for the big comeback. In this corner, Iridium. In the farcorner, Globalstar. Analysts say both could get knocked out, or both could survive the...

OLD REPUBLIC INTERNATIONAL CORP. /Chicago, Illinois Moon, Stars Back In Line With Recent Price Surge.(A)
May 2, 2001... Byline: Steve Watkins After hitting the skids in the mid- and late-1990s, prices are finally on the rebound in the property and casualty insurance sector. It couldn't have happened at a better time for Old Republic International Corp....

IVAX CORP. /Miami, Florida With Legal Battle Over, Drug Maker Forges On.(A)
May 2, 2001... Byline: Marilyn Alva Ivax Corp. is a drug company, but it could write a book about the law. The feisty firm has won a long, nasty legal battle with the big guys to sella generic version of Taxol, a cancer-fighting blockbuster marketed...

INTERNATIONAL GAME TECHNOLOGY /Reno, Nevada Game Maker Sees Payoff In Cashless Machines.(A)
May 2, 2001... Byline: Robin M. Grugal Imagine yourself seated at a Las Vegas slot machine. You're about ready to call it quits when suddenly you hear the clanging of coins dropping from the machine next to you. Not a big jackpot, but a sizable win...

Republicans To Settle For $1.35 Tril Tax Cut.(A)
May 2, 2001... Byline: AP House and Senate Republicans tentatively agreed Tuesdayto push for an 11-year, $1.35 trillion tax cut, GOP aides and lawmakers said. The deal would give President Bush most of the tax reduction he wants and resolve one of...

NYSE Stocks In The News.(A)
May 2, 2001... Byline: Christina Wise TRC Cos. more than doubled in price between October and March, and then fell into its current seven-week base. Its initial sell-off wasbrutal, as it shed more than a third of its value in just eight trading days....

A SUPERSTATE SPECTER STALKS.(A)(EDITORIALS)
May 2, 2001... If you can answer this question, maybe Anne Robinson won't scowl and drum you off the "Weakest Link" set. Here it is: Just what is the purpose of the European Union? Too fuzzy and rhetorical? OK, perhaps the icy British import would glare...

A CUT DELAYED IS A CUT DENIED.(A)(EDITORIALS)
May 2, 2001... The sausage-making machine in Washington is grinding down President Bush's tax cut. The equipment doesn't move fast. But it's thorough. Consequently, what was once $1.6 trillion in relief is now down to $1.35 trillion. We don't doubt a...

BUSH PICKS UP CLINTON FUMBLE.(A)(EDITORIALS)
May 2, 2001... George W. Bush vowed during last year's campaign to jump-start America's sluggish nuclear missile defense program. On Tuesday, he delivered an ambitious plan that could be ready as early as 2004. Mark this down as another promise kept. On...

Northern Exposure: Canadians Shower Clinton With Cash At A "Free' Hospital.(A)(BRAIN TRUST)
May 2, 2001... Byline: Sally C. Pipes Bill Clinton travels to Canada Wednesday to deliver a keynote address at St. Joseph's Hospital in Toronto, where he will be ideally positioned to understand why his attempt to impose government-controlled healthcare...

Senate Brawl On Judges Looms As Bush Delivers List Of Names.(A)(NATIONAL ISSUE)
May 2, 2001... Byline: Sean Higgins Senate Republicans are greasing the skids to confirm President Bush's picks for federal judgeships. And Senate Democrats are alreadycrying foul and threatening to hold up the process. The White House is expected to...

KEY FUND HOLDINGS.(MAKING MONEY IN MUTUALS)
May 2, 2001... Key Fund Holdings / Oil producer Weatherford International and mortgage lender Freddie Mac were top holdings of MFS Capital Opportunities Fund in the latest reporting period. Weatherford's stock is trading in a seven-week base that began...

Right 401(k) Rollover Steps Can Cut Costs Fund groups are eager to help you avoid expensive mistakes.(B)(PLANNING FOR RETIREMENT)
May 2, 2001... Byline: Paul Katzeff Think you're being bombarded by advice from mutual fund families about how to handle a rollover from your 401(k) account? It's not justyour imagination. Fund groups are working hard to advise individual investors...

Lord Abbett Mid-Cap Value Cashes Reality Check Fund, up 2.2%, uses revenue, earnings screens to locate solid winners.(B)(FUND PROFILE)
May 2, 2001... Byline: Tom Gray A 50% gain in a year is a hard act for any mutual fund to follow. But Lord Abbett Mid-Cap Value Fund, which had a total return of 53% in 2000, is holding its own so far this year. Some former growth-stock favorites may...

The Real Most Active - NASDAQ.(B)
May 2, 2001... Byline: Monika Tjia After struggling in the morning, techs made a strong midday rally Tuesday. The Nasdaq composite gained 52 points, or 2.4%, to 2168.24 on lighter volume. THQ Inc. added 6.75 to 44.84 on five times usual trade. On...

Where The Big Money's Flowing - NASDAQ.(B)
May 2, 2001... 8495A9.95BankWestFnl BWFC11.001.50454999 6094A12.00SouthsdBcCp SBCO13.351.35279999 7995B9.50S T V Group STVI10.594.5092999 9198A15.90PECSltns PECS18.752.86459999 9499B22.88US Physical T USPH21.403.151,012906 ...

NASDAQ Stocks In The News.(B)
May 2, 2001... Byline: Monika Tjia After sliding 80% from October 1999 to June 2000, American Eagle Outfitters made its way back up. On Feb. 15, the stock hit a newhigh of 40.04. Since then, it has formed a 10-week base and sits 2% off its high. The...

Breakouts Can Succeed Second Time Around.(A)(INVESTOR'S CORNER)
May 3, 2001... Byline: Jonah Keri You followed all the rules. You chose a leading stock ina leading group, with great fundamentals, breaking out of its base on heavy volume. But something went wrong. Instead of scoring huge gains, your stock turned tail...

With Car Production In Slow Lane, Lear Takes Different Growth Route.(A)(COMPANY IN THE NEWS)
May 3, 2001... Byline: Marilyn Alva When the new-car boom of the 1990s slowed to a crawl last year, Lear Corp. was pushed off the fast track. The supplier of auto interiors and parts saw first-quarter revenue slide 8% from year-ago levels, due mostly...

IBD'S TOP 10.(A)
May 3, 2001... GOP, Moderate Democrats Help Bush Clinch Budget 1The White House and top congressional Republicans tentatively resolved the last major issues. The House and Senate may vote Thursday on a final 2002 budget. The president settled for an...

AFTER THE CLOSE.(TO THE POINT)
May 3, 2001... SEROLOGICALS earned 18 cents in the first quarter, up 80% from a year ago and beating estimates by 4 cents. Sales rose 57%. It expects 2001 sales growth of 10% to 15%. CAMINUS earned 8 cents a share in the first quarter, up 60%, but...

BUSINESS NEWS.(TO THE POINT)
May 3, 2001... Venture spending dives: survey Companies backed by venture investments saw funding dry up for the fourth straight quarter, a survey by PricewaterhouseCoopers and VentureOne found. First-quarter investments shrank 40% from the fourth...

BUSINESS NEWS.(TO THE POINT)
May 3, 2001... U.S. Physical Therapy busts out on accelerating profit, sales gains The outpatient therapy chain jumped 2.40, or 11%, to a new high of 23.80. U.S. Physical reported first-quarter earnings rose 80% to 18 cents a share, 3 cents above...

BUSINESS NEWS.(TO THE POINT)
May 3, 2001... Jones Apparel beats estimates The clothing designer said first-quarter profit rose 29% to 75 cents a share. Analysts had forecast 71 cents. Excluding discontinued businesses, salesrose 9% to $1.07 billion. The firm cited boosted sales of...