Investor's Business Daily articles from November 2003, page 6

Investor's Business Daily archives from November 2003

BUSINESS BRIEFS.(TO THE POINT)
November 10, 2003... TECHNOLOGY Gartner ups PC shipment outlook The research firm expects Q4 shipments of 47.2 mil, up 12.4% from last year amid a boost from holiday sales. Gartner sees global PC shipments to rise 10.9% to 164.3 mil units in '03. That's...

THE ECONOMY.(TO THE POINT)
November 10, 2003... ECRI weekly leading index rises The Economic Cycle Research Institute's gauge of the U.S. economic outlook rose to 130.1 last week from 128.2 the prior week. The index's growth rate held steady at 10.3%, suggesting growth could moderate...

IN BRIEF.(TO THE POINT)
November 10, 2003... DRS Technologies earned 41 cents in Q2, off 7% vs. last year but 2 cents above views. Shares of the battleship gear maker rose 5%. FAO Schwarz parent FAO said it's mulling selling the toy retailer and asked its lenders for more money...

NATION.(TO THE POINT)
November 10, 2003... DeLay: energy bill vote soon The GOP House majority leader now believes it can be wrapped up by Thanksgiving. The White House intervened in the long-stalled congressional talks, resolving many issues. Democrats remain opposed and may...

WORLD.(TO THE POINT)
November 10, 2003... Colombian troops foil rebels A campaign by 13,000 FARC guerrillas to encircle Bogota was stopped when government troops killed several rebel troop leaders, officials said. The Colombian military has been bolstered by $2.5 bil in U.S. aid...

TRENDS & INNOVATIONS.(TO THE POINT)
November 10, 2003... Foreign-born population rises The Center for Immigration Studies reported that the foreign-born population in the U.S. rose by 1 mil in the year ended in March, a 3% rise in growth from last year. Analysts agree the number proves that...

TRENDS & INNOVATIONS.(TO THE POINT)
November 10, 2003... ** Swiss researchers found infectious proteins in the muscle tissue of Creutzfeldt-Jakob patients. That means the rare and fatal brain disease could be transmitted via surgery. The study was published in the New England Journal of Medicine....

HOW YOU THINK IS EVERYTHING Stay Mobile -- And Profit.(LEADERS & SUCCESS)(IBD'S 10 SECRETS TO SUCCESS)
November 10, 2003... Byline: Cord Cooper 1 Despite challenges the last three years, communications giant Nokia has stayed atop the mobile phone industry by sticking with a powerful business plan: constant renewal. Though the firm is 138 years old and has...

Charles Kettering, Self-Starter; Innovate: Inventor's advancements were driven by practicality, cost-effectiveness.(LEADERS & SUCCESS)
November 10, 2003... Byline: KIRK SHINKLE Charles Kettering figured anyone could come up with new ideas. Making sure they were of practical use to others, however, was a rare skill. That, thought Kettering, was the most important factor of all. And...

Kettering At A Glance.(LEADERS & SUCCESS)
November 10, 2003... Kettering At A Glance Born: 1876 near Loudonville, Ohio. Died: 1958 in Dayton, Ohio. Education: B.S. in electrical engineering from Ohio State University in 1904. Achievements: ** Invented the electric cash register,...

RealNetworks And Comcast Latest Music-Making Partners; Also MusicNow And Best Buy; Many companies seeking to strike the right chord in selling songs via Web.(INTERNET & TECHNOLOGY)
November 10, 2003... Byline: PETE BARLAS Web companies are turning up the volume in their quest to hawk tunes online. On Monday, music rivals RealNetworks Inc. and MusicNow Inc. will reveal separate partnerships designed to bolster their services. ...

TECHBITS Financial Scandals Highlight Need For Organizing Old E-Mail Notes.(INTERNET & TECHNOLOGY)
November 10, 2003... Byline: Nick Turner With financial scandals swirling -- many of them involving "smoking gun" e-mails -- one company thinks it has a big opportunity. Zantaz Inc., a privately held firm in Pleasanton, Calif., helps businesses track...

Intel Bets Its Chips On Medicine; Funding Disease Fight; Chipmaker looks to find great demand for chips in the health care field.(INTERNET & TECHNOLOGY)
November 10, 2003... Byline: JAMES DETAR It's not often that Intel Corp. invests in something without being sure of the payoff. The chipmaker has a reputation for managing its money very carefully. But Intel's latest foray into health care research is a...

TIFFANY & CO. New York, New York; Retailer Glad To See Return Of Good Old American Extravagance.(THE NEW AMERICA)
November 10, 2003... Byline: MARILYN MUCH In the movie "Breakfast at Tiffany's," lead character Holly Golightly cheered herself up by window shopping at Tiffany & Co.'s Manhattan store. A couple of years ago, the firm itself could have used a little...

Raising Bar On Corporate Ethics.(MANAGING FOR SUCCESS)(REAL SOLUTIONS: LEADERSHIP)
November 10, 2003... Byline: Morey Stettner By his early thirties, Bill George had climbed the ladder to run Litton Industries' fast-growing microwave oven division. Even though his unit's profit outpaced Litton's other divisions, George's career hit a...

Klopp Seeks A Diversity Of Views.(MANAGING FOR SUCCESS)(REAL SOLUTIONS: COMMUNICATION)
November 10, 2003... Byline: Morey Stettner Some executives collect art or antiques. Hap Klopp collects perspectives. For Klopp, the lifeblood of leadership is gathering diverse views from a wide range of people. As founder and former chief executive...

A CHANGING INDUSTRY How To Adapt.(MANAGING FOR SUCCESS)(EXECUTIVE BRIEFING)
November 10, 2003... Byline: Donna Howell and Brian Deagon How do you hit a fast-moving business target? Develop flexibility to improve your aim. Defense contractors used to find that getting government work meant planning far in advance. That's still...

Maintaining A Company's Growth; Marketing: Some firms are always looking for new products, customers.(MANAGING FOR SUCCESS)
November 10, 2003... Byline: JAMES DETAR If the astronauts on the Columbia space shuttle had been able to get outside and do a space walk, they might have been able to repair damaged tiles. That might have bought them enough time to bail out before the...

MED BRIEFS.(HEALTH & MEDICINE)
November 10, 2003... Tech Not Always Cost-Effective New technologies for cancer, heart disease, newborn care and diagnostic imaging drive up medical spending, says a study funded by the Blue Cross Blue Shield Association and published in the journal Health...

FDA's Advisory Leaves Some Shaking Their Heads; Questions still remain on alleged link between anti-depressants, suicide.(HEALTH & MEDICINE)
November 10, 2003... Byline: AMY REEVES Investors and consumers can be forgiven for finding the Food and Drug Administration's recent advisory on anti-depressant use among children a little confusing. The advisory was based on the FDA's ongoing study of...

Rheumatoid Arthritis Patients Look To Biologics For Relief; Three Drugs Dominate Sales; They combine for 95% of the market's revenue; that likely won't change soon.(HEALTH & MEDICINE)
November 10, 2003... Byline: GLORIA LAU Rheumatoid arthritis is not the gnarled knuckles and mildly stiff joints your grandmother might have. That's osteoarthritis, the more common and degenerative kind of arthritis that normally troubles older people. ...

Market-Leading Medical Stocks.(HEALTH & MEDICINE)
November 10, 2003... 1Arrhythmia ResearchMedical-ProductsHRT13.614.389796B1100021 Its Q3 earnings climbed 100% to 12 cents on revenue that rose 21% to $2 million due to higher radio translucent product line sales. 2Bio Reference...

Who's Who In Metal Ores.(INDUSTRY SNAPSHOT)
November 10, 2003... 1Amcol Int'l Corp.ACO949217.05478.83503801796.4 Arlington Heights, IL. 56% of sales from production of nonmetallic bentonite clay. 2Freeport McmrnFCX858939.76889.22373.93813.4246223.5 New Orleans, LA. Produces copper, gold and...

A Recovery At Last In Base Metals; China and now U.S. help rebalance supply-demand in copper, aluminum.(INDUSTRY SNAPSHOT)(METAL ORES)
November 10, 2003... Byline: JED GRAHAM The old, gritty, dirt-under-your-fingernails economy that went out of vogue in the late 1990s is sexy again. The simultaneous surge in industrial production in places like China and South Korea, along with an...

Heart Of Global Output Now Beating In Beijing; "Unquenchable Demand'; Auto manufacturing and construction are driving production at a 16% rate.(INDUSTRY SNAPSHOT)(TOP OF THE LIST)
November 10, 2003... Byline: JED GRAHAM In decades past, bull markets in commodities coincided with production ramp-ups in the most developed economies. But this year, China has been the working horse pulling along the developed world. Through August,...

Tax-Loss Harvesting Builds Over Years; Helps Offset Cap Gains; But experts caution not to let such maneuvers scuttle investment goals.(FUNDS & PERSONAL FINANCE)(YEAR-END PLANNING)
November 10, 2003... Byline: MURRAY COLEMAN Investors are racking up a banner year. But don't celebrate too soon, warn tax-savvy pros. "You can improve your returns even more by practicing tax-loss harvesting," said John Lah, an adviser at Waverly...

More Jobs Needed.(ISSUES & INSIGHTS)(EDITORIALS)(Editorial)
November 10, 2003... Economy: Friday's jobs data showed beyond a doubt the U.S. jobs machine is cranking up again. Great news, but we hope no one does anything to mess it up. Businesses hired 126,000 new workers in October, a number twice as large as what...

Funding The Left.(ISSUES & INSIGHTS)(EDITORIALS)(Editorial)
November 10, 2003... Media: Philanthropist Joan Kroc has left $200 million to National Public Radio. Her gift saves Al Gore the trouble of finding funds to establish leftist talk radio. To listen to the complaints, it sounds as if the left side of the...

New Life For The Flat Tax? Inspiration Is Found In Iraq.(ISSUES & INSIGHTS)(VIEWPOINT)
November 10, 2003... Byline: BRUCE BARTLETT The flat tax is making a comeback. After being banished to the political wilderness after Steve Forbes made it the central issue of his losing campaign for the Republican presidential nomination in 1996, interest...

Weaker Same- Store Figures Dent Retailers.(THE IBD 100)(INSIDE THE IBD 100)
November 10, 2003... Byline: JONAH KERI Week after week, specialty retailers have claimed a chunk of the Investor's Business 100's prime real estate. With many reporting same-store sales last week, they hogged much of the spotlight. Many retailers report...

THE IBD 100.(THE IBD 100)
November 10, 2003... 1China Yuchai Intl LtdCYD36.45+19999+14+67+11+972017..1 '03 and '04 estimates lowered for manufacturer of diesel engines. But stock just keeps surging. 2Sanfilippo Jhn B SonJBSS39.2709996+69+322+24+3113633 After Q3 net...

Growing Sporting Goods Chain Keeps Eye On The Inventory Ball; Retailer In 27 States; Dick's features stores within stores, golf pros and bicycle mechanics.(THE IBD 100)
November 10, 2003... Byline: NANCY GONDO Sporting goods superstores are convenient to shop in, but since most carry everything from golf clubs to scuba gear, it can be tough to get expert advice from their sales staff. Dick's Sporting Goods is working to...

IBD'S WEEK IN REVIEW.(THE IBD 100)
November 10, 2003... Jobs Catching Up With Rest Of Economy 1The job market finally came back to life in October. Employment jumped by 126,000 jobs, well above estimates. The unemployment rate took a step down to 6% from 6.1% in September. Revisions showed the...

THE IBD 100.(THE IBD 100)
November 10, 2003... 51Metrologic InstMTLG24.08-58199+246+600+40+1783553 Q3 sales for maker of grocery scanners were a record for any qtr in co.'s history; sets 2-1 split. 52TASER IntlTASR62.28-108199+914+999+999+21733311 Phoenix Police Dept. buys...

THE REAL MOST ACTIVE Dow, S&P 500 Lower As Home Builders Get Hit.(MAKING MONEY)
November 10, 2003... Byline: NANCY GONDO NYSE stocks fell in the last hour of trading Friday on slightly lower volume despite a better than expected October jobs report. The Dow industrials and the S&P 500 each gave up 0.5%. But the small-cap S&P 600, while...

Analyze, Profit From IBD's Market Charts.(GENERAL MARKET & SECTORS)
November 10, 2003... Analyzing the price and volume changes in the major market averages each day is essential to successful investing. They reveal major tops and bottoms in the stock market. Most stocks follow the general market's trend. They tend to rise...

Steel Pipe Producer Returns To Growth.(B)(NYSE STOCKS IN THE NEWS)
November 10, 2003... Byline: David Saito-Chung Tenaris SA broke out of a nine-week base in September and moved up 6%. Since then, the stock has experienced resistance at 28. It's traveled in an uptrend since its debut in December of last year. The...

THE REAL MOST ACTIVE Nasdaq Declines 0.3%, Ends Week With Gain.(B)
November 10, 2003... Byline: CRAIG SHAW Stocks gave up gains Friday despite a robust payrolls report. The Nasdaq reversed late to close down 0.3% on lighter trade. For the week, the composite index added 2%. Netflix sank 3.95, or 7.8%, to 46.88 on the...

Diagnostic Test Maker Reclaims Support Line.(B)(NASDAQ STOCKS IN THE NEWS)
November 10, 2003... Byline: Craig Shaw Gen-Probe climbed back above its 50-day moving average the week ended Friday after a 38% correction from its Sept. 22 peak. At 13% off its 52-week high, the stock is within range to start shaping a handle. It ran up...

Investors Needed Fortitude To Hold J2 Global.(THE SMART INVESTOR)(WINNING WAYS)
November 10, 2003... Byline: KEN HOOVER J2 Global Communications was a bucking bronco, whose wild swings were likely to hurl the timid into the dirt once it broke out in March 2003. Sticking with JCOM was especially tough after a bruising bear market in...

Bush Sets Bold Goals For Mideast; Democracy For All Arab States; In major foreign policy talk, leaders of Syria, Iran and Palestinians put on notice.(A)
November 7, 2003... Byline: JOSEPH GUINTO The U.S. has embarked on a new policy to democratize the Middle East, and the birth of democracy in Iraq would be a "watershed event in the global democratic revolution," President Bush said Thursday in a major...

Jobless Filings Dive 43,000 To 348,000; Q3 Productivity Jumps 8.1%.(A)
November 7, 2003... Byline: JED GRAHAM New filings for unemployment benefits last week unexpectedly fell to the lowest level since January 2001, providing more confirmation of a pickup in job growth. Jobless claims slid 43,000 to 348,000, the Labor...

Public More Torn On War Following Copter Tragedy.(A)(IBD/TIPP POLL)
November 7, 2003... Byline: BRIAN MITCHELL Most Americans believe Iraq is an unavoidable battlefield in the war on terror. But most also think U.S. casualties are too high, and sentiment is shifting toward getting out soon. Those are the...

IBD'S TOP 10.(A)
November 7, 2003... Bush Urges Mideast Democracy 1President Bush said in a major speech that "freedom can be the future of every nation." He said the U.S. would now prioritize freedom over stability, a break with the policy of backing "friendly" Mideast...

AFTER THE CLOSE.(TO THE POINT)
November 7, 2003... VISTACARE'S Q3 net leapt 120% to 22 cents, 3 cents above views. The hospice services firm sees 73-75 cents in '03, in line with views for 74 cents. MICROSOFT will pay North Carolina consumers up to $89 mil to settle a class-action suit...

BUSINESS BRIEFS.(TO THE POINT)
November 7, 2003... MEDIA Sony, Bertelsmann merge music The Nos. 2 and 5 music labels, respectively, signed a letter of intent to merge Sony Music and BMG. U.S. and European regulators still must OK it. The firm would have 29% of the recorded music...

BUSINESS BRIEFS.(TO THE POINT)
November 7, 2003... TRANSPORTATION UPS, FedEx ship via post office Because carrying packages to far-flung individual customers costs more than serving clustered business customers, both delivery firms are taking advantage of the U.S. Postal Service's...

BUSINESS BRIEFS.(TO THE POINT)
November 7, 2003... FINANCE Merrill planning to hire brokers After 3 years of cutting jobs, the investment bank plans to boost its brokerage staff by 5% a year over the next 3 years, citing improved financial markets. Merrill Lynch said it'll hire 650...

THE ECONOMY.(TO THE POINT)
November 7, 2003... Mortgage rates edging higher The average interest rate on a 30-year fixed rate mortgage rose to 5.98% this week from 5.94% a week earlier, Freddie Mac said. The average rate on a 15-year mortgage climbed 5 basis points to 5.31%. A 30-year...

IN BRIEF.(TO THE POINT)
November 7, 2003... ** ICN Pharmaceuticals jumped 32% to 24.75 after saying its experimental hepatitis C drug, Viramidine, would start phase III trials. ICN slightly beat Q3 profit views. ** Hormel Foods expects to earn 48-50 cents in Q4, flat vs. last...

NATION/WORLD.(TO THE POINT)
November 7, 2003... Clark says U.S. can't cut and run Former NATO commander and Democratic presidential candidate Wesley Clark said the U.S. needs to rebuild relations with Europe, get more foreign help, give Iraqis a larger stake in rebuilding and...

Heinz At A Glance.(LEADERS & SUCCESS)
November 7, 2003... Heinz At A Glance Born: 1844 in Pittsburgh. Died: 1919 in Pittsburgh. Education: Attended Duff's Mercantile College in Pittsburgh. Achievements: ** Founded F&J Heinz to make and sell pickles and other prepared foods in...

BE HONEST AND DEPENDABLE Resist Integrity Erosion.(LEADERS & SUCCESS)(IBD'S 10 SECRETS TO SUCCESS)
November 7, 2003... Byline: Robin Grugal 10 Tempted by power, prestige and money, plenty of otherwise honest and upstanding folks have abandoned their usual code of ethics in a moment of weakness. There are ways to avoid that trap. Experts offer up...

Henry J. Heinz's Secret Sauce; Create Your Market: Prepared-food entrepreneur worked for success, not riches.(LEADERS & SUCCESS)
November 7, 2003... Byline: MICHAEL MINK For Henry J. Heinz, the recipe for business excellence was rooted in its simplicity. "To do a common thing uncommonly well brings success," he said. Another of his credos echoed the same sentiments: "Quality is...

Aljazeera Web Site Brings Other Perspectives To U.S.(INTERNET & TECHNOLOGY)(COMPUTERS MADE PLAIN)
November 7, 2003... Byline: SHEILA RILEY Thanks to the English-language Web site of Aljazeera, U.S. readers are getting a take on world events they aren't likely to find in their local newspaper. Aljazeera, "island" in Arabic, is a Qatar-based news...

For Network Safety Anomaly Detectors Can Play In Traffic; New Security Ware Emerges.(INTERNET & TECHNOLOGY)
November 7, 2003... Byline: DONNA HOWELL "One of these things is not like the others," goes a theme on TV's "Sesame Street." "One of these things just doesn't belong." The song is for a game that gets kids to ID the odd object in a group of similar...

Car Buyers Still Finding Rough Road On Web; Complaints Dot Survey; Poor response times, lack of key information keep sector in slow lane.(INTERNET & TECHNOLOGY)
November 7, 2003... Byline: PETE BARLAS Auto manufacturers, car dealers and Web companies including Yahoo, Microsoft and Autobytel are scrambling for a piece of the billion dollar car-selling business. But car shoppers report a mixed bag of results...

ULTRA PETROLEUM CORP. Houston, Texas; Higher Prices Benefit Natural Gas Producer.(THE NEW AMERICA)
November 7, 2003... Byline: MARILYN ALVA Production has never been a problem for Ultra Petroleum Corp. Since it began drilling for natural gas in the Green River Basin of Wyoming three years ago, the company has hit a bull's-eye 99% of the time. ...

MARVEL ENTERPRISES INC. New York, New York; Comics Icon Goes Hollywood -- And Likes It.(THE NEW AMERICA)
November 7, 2003... Byline: KIRK SHINKLE Marvel Enterprises' superheroes tend to run into trouble no matter where they turn. Until recently, so did the company, as it struggled to find a way to cash in on the exploits of its comic book properties. ...

Spitzer Near Settlements With Janus And Others; Funds' handling of IPOs is placed under scrutiny as NASD grills brokerages.(SERIES: FUNDS & PERSONAL FINANCE)(IBD SPECIAL REPORT)
November 7, 2003... Byline: MURRAY COLEMAN New York Attorney General Eliot Spitzer was moving Thursday to reach settlements with fund firms involved in the Canary Capital Partners scandal, while the NASD said it has launched 12 investigations into how...

Through Haze Of Scandal, Stock Funds Soared 6.5% Last Month; Small caps led the charge as usual post-recession; large caps gained 5.7%.(SERIES: FUNDS & PERSONAL FINANCE)(IBD SPECIAL REPORT)
November 7, 2003... Byline: PAUL KATZEFF Mutual fund scandals erupted like angry volcanoes in October. But fund performance jumped back into the win column, thank you very much. In contrast to September's 1.64% setback by U.S. diversified stock funds,...

Oberweis Is Riding Smaller Caps To Big Gains.(SERIES: FUNDS & PERSONAL FINANCE)(IBD SPECIAL REPORT)(FUND MANAGER Q & A)
November 7, 2003... Byline: PAUL KATZEFF The fledgling bull market is seeing the return of familiar names to the top of the leader board. One is James Oberweis Jr., co-manager with his father of the eponymously named group's $248 million Emerging Growth,...

China Funds Advance By 9%, Fueled By Economic Long March, Latin America And Japan Lag.(SERIES: FUNDS & PERSONAL FINANCE)(IBD SPECIAL REPORT)
November 7, 2003... Byline: MURRAY COLEMAN Fueled by a booming economy, China funds notched another strong month in October, rising 9.08%. That beat all other foreign funds and U.S. diversified stock funds. China funds' contribution helped lift...

Health Funds Plodded Ahead 1.2% In October.(SERIES: FUNDS & PERSONAL FINANCE)(IBD SPECIAL REPORT)
November 7, 2003... Byline: Doug Rogers Health care/biotech funds chugged along in October, posting a gain of 1.16%, according to Lipper Inc. Health care's position among other sector funds was mirrored in its 23.69% gain for the year so far: decent but...

Tech Funds Rocket 10% In Oct. On Strong Net.(SERIES: FUNDS & PERSONAL FINANCE)(IBD SPECIAL REPORT)
November 7, 2003... Byline: MURRAY COLEMAN Tech funds took top sector honors in October, posting a 10.38% gain. They also topped all U.S. stock funds, according to Lipper Inc. For the year, tech funds were up 52.23%. Again, that makes them king of the...

Year's Top Managers Enrich Their Tech Holdings With The Likes Of Cognizant, Lexar Media, Yahoo.(SERIES: FUNDS & PERSONAL FINANCE)(IBD SPECIAL REPORT)(BUYS & SELLS)
November 7, 2003... Byline: JULIE HUYNH Managers of this year's top funds snatched up tech and Internet stocks such as Cognizant Technology Solutions, Lexar Media, Yahoo, E-Trade and Netflix in the latest reporting period. Top-performing funds also...

New Buys Of Top-Performing Stock Funds This Year.(SERIES: FUNDS & PERSONAL FINANCE)(IBD SPECIAL REPORT)
November 7, 2003... China Yuchai Intl Ltd CYD Trucks & Parts-Hvy Duty 33.66999924616 Ceradyne Inc CRDN Chemicals-Specialty 43.169798511626 Starcraft STCR Auto/Truck-Original Eqp 39.8597982057 Orleans Homebldrs OHB Bldg-Resident/Comml 29.9597981830...

Latest Sells Of Top-Performing Funds.(SERIES: FUNDS & PERSONAL FINANCE)(IBD SPECIAL REPORT)
November 7, 2003... Scansource SCSC Retail/Whlsle-Cmptr/Cell 22616 Elizabeth Arden RDEN Cosmetics/Personal Care 20515 Acacia Res Comb CBMX Medical-Genetics 13112 aaiPharma AAII Medical/Dental-Services 241311 Integra LifeSci IART Medical-Products...

Want Some Year-End Tax Savings? Bunch Expenses And Delay Income.(SERIES: FUNDS & PERSONAL FINANCE)(IBD SPECIAL REPORT)(TAXES)
November 7, 2003... Byline: PAUL KATZEFF With more than seven weeks remaining, you still have time to take tax-cutting steps for 2003. They involve deductible expenses and postponing income. "You can save hundreds, even thousands of dollars," said...

No Liberty, No Peace.(ISSUES & INSIGHTS)(EDITORIALS)(Editorial)
November 7, 2003... Middle East: President Bush connects the dots between despotism, discontent and violence. His prescription, democracy, has risks -- but the status quo is worse. On Thursday, the president pulled the plug on one of the more dismal...

The Open Secret.(ISSUES & INSIGHTS)(EDITORIALS)(Editorial)
November 7, 2003... Capitalism: Yet again, Africa is facing another food crisis, one that could conceivably starve millions. As usual, the logical solution is ignored. Researchers at a resource conference in Kenya said earlier this week that water shortages...

Bush's 'Age Of Liberty'.(ISSUES & INSIGHTS)(VERBATIM)
November 7, 2003... The roots of our democracy can be traced to England, and to its Parliament -- and so can the roots of this organization (the National Endowment for Democracy). In June of 1982, President Ronald Reagan spoke at Westminster Palace and declared...

THE REAL MOST ACTIVE Higher Volume Propels Dow, S&P 500, 600.(MAKING MONEY)
November 7, 2003... Byline: JONAH KERI NYSE stocks rose in higher volume Thursday. The Dow picked up 0.4%, the S&P 500 0.6%. The small-cap S&P 600 climbed 0.6%, tacking on another new high. Bradley Pharmaceuticals shot up 1.78 to 31 on 2 1/2 times its...

Analyze, Profit From IBD's Market Charts.(GENERAL MARKET & SECTORS)
November 7, 2003... Analyzing the price and volume changes in the major market averages each day is essential to successful investing. They reveal major tops and bottoms in the stock market. Most stocks follow the general market's trend. They tend to rise...

Biotech Gets FDA OK To Sell Psoriasis Drug.(B)(NYSE STOCKS IN THE NEWS)
November 7, 2003... Byline: David Saito-Chung Genentech continues to ride along its 50-day moving average, as seen in the weekly chart to the right. The stock seems to face resistance at the 87-97 level, where it topped out back in the second half of 2000....

THE REAL MOST ACTIVE Cisco Surprise Lifts Nasdaq On Swelling Trade.(B)
November 7, 2003... Byline: CRAIG SHAW Techs surged to their highest level in nearly 22 months Thursday as a strong earnings report from networking giant Cisco helped boost shares. The Nasdaq composite rose 0.9% on heavier trade, the big-cap Nasdaq 100...

Supercomputer Maker Boosts '03 Sales View.(B)(NASDAQ STOCKS IN THE NEWS)
November 7, 2003... Byline: Craig Shaw Cray Inc. is shaping its first base above $10 a share after running up 63% from a breakout at 8.60. Up weeks on above-average volume in its pattern outnumber down weeks 2-1. It's 13% off its 52-week high after a...

Microsoft Sets Bounty On Writers Of Viruses,Taps Law Enforcement; Firm Makes $5 Mil Available; Blaster worm and SoBig virus cost businesses big money in fixes, downtime.(A)
November 6, 2003... Byline: DONNA HOWELL Wanted: the masterminds behind August's Blaster worm and SoBig virus. Reward: a quarter of a million dollars each. Microsoft Corp., in an industry first, said Wednesday it will begin doling out a bounty for the...

Democratic Losses In Ky., Miss. Underscore Southern Struggles; Lost governors' races, retiring senators hurt "sushi' political party.(A)
November 6, 2003... Byline: BRIAN MITCHELL Halloween is over, but the frights keep coming for the Democrats. A Democratic senator publishes a book blasting his party. Another decides not to run again. The party loses two governorships while its White...

IBD'S TOP 10.(A)
November 6, 2003... Microsoft Offers $500K Bounty 1Citing falling sales and widespread criticism due to viruses that exposed holes in Windows, Microsoft offered $250,000 apiece for the authors of SoBig and Blaster, which infected over 500,000 computers in...

AFTER THE CLOSE.(TO THE POINT)
November 6, 2003... NEWS CORP.'S Q1 net rose 167% to 29 cents an ADR, 9 cents over views, on strength in film, cable and newspapers. Revenue rose 22% to $4.65 bil, also over views. QUALCOMM met Q4 views for a 6% drop to 29 cents. Sales rose 4% to $870 mil,...

BUSINESS BRIEFS.(TO THE POINT)
November 6, 2003... TRANSPORTATION Sales, cuts boost Toyota's 1st half The Japanese automaker earned $4.81 bil, a surprise 23% jump vs. last year. Sales rose 8% to $75.4 bil, with unit sales up 7.4% to 3.17 mil. The firm raised its 2nd-half outlook on...

BUSINESS BRIEFS.(TO THE POINT)
November 6, 2003... MEDICAL FDA panelist opposes implants Dr. Thomas Whalen, who headed the panel that voted 9-6 in Oct. to urge FDA approval for Inamed's silicon breast implants, has written FDA commissioners asking them to reject Inamed's request....

BUSINESS BRIEFS.(TO THE POINT)
November 6, 2003... BUILDING Beazer Homes' Q2 profit up 38% Beazer made $4.18 a share, 26 cents over views, as low interest rates drove demand. Sales rose 15% to $1.4 bil. Beazer raised '04 views and set a first-ever quarterly dividend, 10 cents a...