Investor's Business Daily articles from October 2003

Investor's Business Daily archives from October 2003

Consumers Turn Glum On Job Market Fears; Factory Data Also Soft; Consumers Soured In Sept.; Midwest manufacturers' weak growth a surprise; here come the pink slips.(A)
October 1, 2003... Byline: CHRISTINA WISE Consumers turned glum in September, as the Consumer Confidence Index fell to its worst reading since prewar March levels. The Conference Board's index sank to 76.8 from 81.7 in August, well below the 80.6...

Small Business Becoming Bigger Market For Tech Makers With Scaled-Down Gear; Tech spending at small firms is up 11% over last year and is still increasing.(A)
October 1, 2003... Byline: BRIAN DEAGON Despite a tepid U.S. economy, small businesses plowed $86 billion into new technology in the past year. That was up 11% from the previous year, and more than double the overall growth rate of business investments in...

IBD'S TOP 10.(A)
October 1, 2003... Jobs Put Consumers In A Funk 1The Consumer Confidence Index fell 4.9 points to 76.8 in Sept., the worst since March's 10-year low. The current conditions index fell 2.5 points to 59.5, the lowest since Nov. '93. The outlook index slid 6.5...

AFTER THE CLOSE.(TO THE POINT)
October 1, 2003... IBM will face trial for two of the four lawsuits that claim chemicals at the firm's hard-drive plant gave workers cancer. JANUS CAPITAL revealed it got $1 mil in fees from market timing and frequent mutual fund share trading. All staff key...

BUSINESS BRIEFS.(TO THE POINT)
October 1, 2003... BUSINESS OUTLOOK CFO more optimistic on recovery Some 74% of those polled by Financial Executives Int'l are more upbeat about their company's outlook than they were last quarter, and only 8% are less optimistic. That's the rosiest...

BUSINESS BRIEFS.(TO THE POINT)
October 1, 2003... TRANSPORTATION Ford cutting 2,800 by year's end The automaker will cut 1,500 contract workers and 1,300 salaried positions as part of a plan to save 10% in labor costs this year. It's already cut $1.9 bil in costs by revamping...

BUSINESS BRIEFS.(TO THE POINT)
October 1, 2003... MARKETS Citigroup was top Q3 underwriter The bank handled $115.6 bil in stock and bond underwriting to take a 9.9% share of the $1.17 tril market, says Thompson Financial. No. 2 Morgan Stanley got the most fees, $339.4 mil. Merrill...

BUSINESS BRIEFS.(TO THE POINT)
October 1, 2003... REGULATION SEC chief probes NYSE structure The NYSE's roles of regulator and competitive business must be looked at as part of a reform process for the exchange, SEC Chairman William Donaldson said. Temporary NYSE head John Reed has...

THE ECONOMY.(TO THE POINT)
October 1, 2003... Moskow: factory future unclear Chicago Fed President Michael Moskow said it's too soon to tell if Midwest factories will be able to compete with countries such as China where low-cost labor is abundant. "We cannot and will not know whether...

IN BRIEF.(TO THE POINT)
October 1, 2003... JetBlue will fly into Boston's Logan Int'l Airport starting in Jan., with flights to Denver and Florida, the low-cost carrier said. Trex Co. fell 10% after the fake wood products maker cut 2003 guidance, citing Hurricane Isabel and other...

NATION.(TO THE POINT)
October 1, 2003... Prison camp translator arrested The civilian, who worked for the U.S. military at Guantanamo Bay, Cuba, was taken into custody at Boston's airport. Authorities said they found classified information in his possession. It is the third...

WORLD.(TO THE POINT)
October 1, 2003... North Korea says no more talks It expressed a lack of interest in continuing discussions about its nuclear program and said it was beefing up its nuclear deterrent to repel a possible pre-emptive attack by the U.S. Pyongyang's comments...

TRENDS & INNOVATIONS.(TO THE POINT)
October 1, 2003... Uninsured up for 2nd year in row The number of Americans without health insurance rose 2.4 mil, or 6%, to 43.6 mil last year, the Census Bureau said. That's 15.2% of people with no health coverage vs. 14.6% in '01. Last week the bureau...

TRENDS & INNOVATIONS.(TO THE POINT)
October 1, 2003... ** DeCODE genetics, an Icelandic biotech, has isolated a gene that helps decide if people are predisposed to being overweight or underweight, Icelandic researchers said. ** Scientists have launched a global trial to find out if...

TAKE ACTION Look For Ways To Grow.(LEADERS & SUCCESS)(IBD'S 10 SECRETS TO SUCCESS)
October 1, 2003... Byline: Cord Cooper 3 In 1961, Jim Pattison bought a Buick-Pontiac dealership in Vancouver, British Columbia, with a $40,000 bank loan. All his assets were pledged as collateral. Today, the privately held Jim Pattison Group, based in...

Ty Warner Put The O! In "Toy'; Innovate: They called his idea "road kill," but it brought new life to stuffed animals.(LEADERS & SUCCESS)
October 1, 2003... Byline: DAVID SAITO-CHUNG H. Ty Warner, one of the greatest toy entrepreneurs in history, has a simple rule for success: Be different. After a successful stint as a toy salesman in San Francisco, Warner came up with a radically new...

How Quickly The Worm Turns: Attackers Are Poised To Pounce; Flaws Exploited Faster: Report.(INTERNET & TECHNOLOGY)
October 1, 2003... Byline: DONNA HOWELL Given the worms of August, which did $2 billion in damage, it's clear that online attackers have kept busy thinking up dirty deeds lately. Most troubling, perhaps, is a dangerous trend in their methods: speed. A...

More Computer Consumers Keen On Dell; Poll Shows Heavy Preference; Shoppers are more intent on purchasing computers as they head into holidays.(INTERNET & TECHNOLOGY)(IBD/TIPP POLL)
October 1, 2003... Byline: PATRICK SEITZ Consumer interest in buying new personal computers is picking up as the holiday shopping season nears. But PC purchase intent remains well below its summer highs, according to a new IBD/TIPP poll. The poll showed...

Retooled Media PCs Aim For Mainstream; Dell And Sony Join The Effort; Goal is to meld computers with consumer electronics; "still room for improvement'.(INTERNET & TECHNOLOGY)
October 1, 2003... Byline: PATRICK SEITZ Microsoft Corp. is taking a second stab at creating an entertainment-oriented personal computer for the couch potato. The company debuted the latest version of its Windows XP Media Center Edition operating system...

QUALITY SYSTEMS INC. Irvine, California; Software Maker Offers A Little Less Color, But A Lot More Efficiency.(THE NEW AMERICA)
October 1, 2003... Byline: NANCY GONDO Everyone has seen the wall at a doctor's office -- the hundreds, sometimes thousands, of color-coded manila folders filled with patients' records. To some, it's a pretty display. But it's also an inefficient way to...

Leftover Losses May Offset Fund Gains; Data-Filled Statements; Fund dividends could be higher, but capital-gain distributions likely won't.(MUTUAL FUNDS)(INVESTMENT TRENDS)
October 1, 2003... Byline: PAUL KATZEFF Distributions season is approaching. Mutual funds traditionally make a big part of their dividend and capital-gain payouts in December or the weeks before that. This year, shareholders expect to get hit by a double...

Data Tell The Story.(ISSUES & INSIGHTS)(EDITORIALS)(Editorial)
October 1, 2003... Health Care: Census data show that the number of Americans without insurance increased last year. While that's not good news, it's no reason to panic. Because many Americans have adopted the entitlement mind-set, the fact that 43.6...

Gas Pains.(ISSUES & INSIGHTS)(EDITORIALS)(Editorial)
October 1, 2003... Energy: The U.S. faces major shortages and sharply higher prices for natural gas, a new study says. So why are some politicians so reluctant to find more? The report issued by a group of House Republicans on Tuesday comes as Congress tries...

LETTERS.(ISSUES & INSIGHTS)(Letter to the Editor)
October 1, 2003... Too Much "We' Monday's Issues & Insights page was the worst I've ever seen. If you expect me to be impressed by the remarks of a bunch of politicians who continually seek ways to spend more of our money, forget it. Especially rotten was...

Job Opportunities Increase When Productivity Goes Up.(ISSUES & INSIGHTS)(VIEWPOINT)
October 1, 2003... Byline: BRUCE BARTLETT The slow pace of job creation is clearly the most serious political and economic problem in the country today. Although Democrats and the press continue to focus on Iraq, President Bush and congressional...

THE REAL MOST ACTIVE Dow, S&P 500 End String Of Monthly Gains.(MAKING MONEY)
October 1, 2003... Byline: CRAIG SHAW Weak economic data dragged on stocks Tuesday as NYSE indexes posted their first monthly loss of the last seven. The Dow industrials and benchmark S&P 500 each slumped 1.1% for the day in heavier trade. Small caps held up...

Analyze, Profit From IBD's Market Charts.(GENERAL MARKET & SECTORS)
October 1, 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...

Michigan-Based Bank Marches Toward High.(B)(NYSE STOCKS IN THE NEWS)
October 1, 2003... Byline: Craig Shaw Flagstar Bancorp jumped 3.6% Tuesday for its second straight high-volume gain. The stock is shaping a three-month base after doubling from its February breakout. It closed 13% off its 52-week high. The Michigan-based...

THE REAL MOST ACTIVE Nasdaq Lower As Chinese Internets, Chips Fall.(B)
October 1, 2003... Byline: NANCY GONDO Nasdaq stocks closed lower Tuesday, dragged down by a profit warning from networking gear maker Sun Microsystems and weak economic data. The composite index gave up 2.1%, and the tech-heavy Nasdaq 100 fell 2.4%, both on...

New Century Basing After Summer Losses.(B)(NASDAQ STOCKS IN THE NEWS)
October 1, 2003... Byline: Jonah Keri New Century Financial broke out in early April, two weeks after the market launched its new bull run. The stock hit a high of 34.07 on June 6 and has since formed a base lasting nearly four months. New Century is trading...

ISM Factory Index Off In Sept. As Jobs Fell, Orders, Backlog Rose; Jobless Recovery Continues; Economists agree hiring remains the missing link; most still see jobs ahead.(A)
October 2, 2003... Byline: CHRISTINA WISE The nation's manufacturing sector continued to expand in September, though at a slightly slower clip than the month before, a widely watched report showed Wednesday. The Institute of Supply Management's index...

NYSE Specialists Face Criticism As Anachronism In 21st Century; NYSE Defends System.(A)
October 2, 2003... Byline: KEN HOOVER With Richard Grasso out as NYSE chairman after a furor over his $140 million pay package, major changes are expected in how the exchange is governed. But critics say the NYSE's problems run deeper than the make-up...

IBD'S TOP 10.(A)
October 2, 2003... Factory Growth Slowed In Sept. 1The ISM's national manufacturing index fell to 53.7 from Aug.'s '03 high of 54.7. That's still above the boom-bust 50 line and nothing like the surprise plunge in Tuesday's Chicago factory gauge. The new...

AFTER THE CLOSE.(TO THE POINT)
October 2, 2003... M-SYSTEMS will license its key chain-sized flash-memory technology to JMTek, settling M-Systems' lawsuit. INTUIT backed prior goals of a 29-33 cent net loss on sales of $225-$235 mil in Q1 and a $1.47 to $1.57 net profit on sales of...

BUSINESS BRIEFS.(TO THE POINT)
October 2, 2003... MACHINERY Actuant earnings rose 19% in Q4 The maker of tools and hydraulic equipment earned 82 cents a share, topping views by 4 cents. Sales rose 22% to $148.2 mil. Actuant expects to earn 71-76 cents in Q1 and $3.20-$3.50 for fiscal...

BUSINESS BRIEFS.(TO THE POINT)
October 2, 2003... TRANSPORTATION Ford cuts 3,000 Belgian workers That brings the world's No. 2 automaker's recent planned job cuts in Europe and North America to 7,700. Ford said it's cutting output and ending plans to build the next generation Focus at...

BUSINESS BRIEFS.(TO THE POINT)
October 2, 2003... ENERGY PetroKazakhstan may lose profit Shares of the oil firm, based in Canada but operating largely out of Kazakhstan, fell 12% amid reports that the central Asian county will confiscate "monopoly profit" allegedly from inflated...

THE ECONOMY.(TO THE POINT)
October 2, 2003... Construction outlays rise in Aug. The 0.2% rise to an annualized $882.7 bil was half the 0.4% gain expected. Private spending rose 0.1% to $665.4 bil. Residential spending jumped 1.4% to a $453.4 bil rate. Public outlays rose 0.6% to a...

IN BRIEF.(TO THE POINT)
October 2, 2003... Flextronics is in talks with Beckman Coulter to resolve a contract dispute that resulted in a $934 mil jury award against Flextronics in Sept., far more than expected. The suit centered on Flextronics parts for a Beckman medical device. ...

NATION.(TO THE POINT)
October 2, 2003... Dean breaks cash record in Q3 Democratic presidential front-runner Howard Dean raised nearly $15 mil, almost three times as much as his nearest party rival. That broke President Clinton's $10.3 mil quarterly record for a Democrat in a...

WORLD.(TO THE POINT)
October 2, 2003... Israel boosts West Bank barrier Its Cabinet approved an extension of the security fence that will sweep around Jewish settlements in the area. But the extension will have big gaps to address U.S. concerns on the barrier. The U.S. has...

TRENDS & INNOVATIONS.(TO THE POINT)
October 2, 2003... Global music sales fall nearly 11% Music sales were down to $12.7 bil in the first half of this year as they continued to get hurt by Internet downloading and CD-burning, the Int'l Federation of the Phonographic Industry said. But the...

TRENDS & INNOVATIONS.(TO THE POINT)
October 2, 2003... ** Drinking black tea may reduce bad cholesterol levels and could be used in the future to lower the chance of heart disease for those who are at risk, the USDA said. ** Hormone therapy cuts women's risk of womb cancer and broken bones,...

A 6,000-Mile Commute.(LEADERS & SUCCESS)(IBD'S 10 SECRETS TO SUCCESS)
October 2, 2003... Byline: Michael Krey 4 So, you have a tough schedule? Tell that to Jason Li. Let's put it this way: When Li earned his MBA degree from the University of Pennsylvania's Wharton School in August, it's safe to say he didn't travel far to...

Gibson Made Her Hits Count; Win Big: The champion paved the way for black American tennis players.(LEADERS & SUCCESS)
October 2, 2003... Byline: MICHAEL MINK A fire burned deep in Althea Gibson. "I always wanted to be somebody. . . . It's why I took to tennis right away and kept working at it," said Gibson, who died Sunday at age 76. "I've worshipped (legendary boxer...

Don't Hold Your Breath For Online Voting; Casting ballots on the Net is still in the testing stages; Europeans taking the lead.(INTERNET & TECHNOLOGY)
October 2, 2003... Byline: PETE BARLAS Concerns over "hanging chads" aren't doing much to help push voter elections online. Widespread Internet voting is likely still years away, even though the issue of chads -- the residue from paper ballots that can...

Campaigns Tap Web To Schedule "Meetups'.(INTERNET & TECHNOLOGY)(COMPUTERS MADE PLAIN)
October 2, 2003... Byline: SHEILA RILEY In cyberspace, politics is following Cupid's lead. Internet campaign sites are pointing voters to places where they can connect face to face with like-minded supporters of a candidate. The technology is similar...

Internet Fund Managers Once Again Smiling.(INTERNET & TECHNOLOGY)
October 2, 2003... Byline: PAUL KATZEFF Internet stocks are shooting the lights out. But not all investors are betting based on earnings growth. Many are putting their money into stocks based more on low valuations. "We haven't seen widespread...

Will Legal Troubles Slow Growth Of Linux?(INTERNET & TECHNOLOGY)(Q & A)
October 2, 2003... Byline: MURRAY COLEMAN Many companies are turning to the penguin. The web-footed bird is the symbol of Linux, the open source operating system. Open source means that its blueprint -- "source" code -- is available for free. ...

Reborn Luxury Market? Maybe, Maybe Not; But Signs Are There; Spending on higher-end goods picks up (a little) after lengthy dry spell.(THE NEW AMERICA)(Q & A)
October 2, 2003... Byline: MARILYN ALVA After a few years of watching their nickels and dimes, consumers might be coming out of the bargain basement to embrace some of the finer things in life. Sales seem to be picking up on the higher end of the...

Fund's Task: Fast Growth, Decent Price; Result: Up 33% In 2003; Evergreen's Emerging Growth comes roaring back after bear clawing.(MUTUAL FUNDS)(MUTUAL FUND PROFILE)
October 2, 2003... Byline: NANCY GONDO Evergreen Emerging Growth has been on a tear this year. A look at the fund's top 10 holdings, which include strong stocks such as Career Education, Chico's FAS and Pacific Sunwear of California, may help explain why....

The Plame Game.(ISSUES & INSIGHTS)(EDITORIALS)(Editorial)
October 2, 2003... Politics: The White House has been forced to open a criminal case that may be impossible to close. That suits the opposition's goals, if not the public interest. After watching politicians for a while, you can tell the difference between...

A Hard Line.(ISSUES & INSIGHTS)(EDITORIALS)(Editorial)
October 2, 2003... Tyranny: Zimbabwe's Daily News, the nation's only independent daily, closed down 10 days ago. The paper lost its fight against President Robert Mugabe's regime. Seven more journalists from the paper were charged by the government on...

LETTERS.(ISSUES & INSIGHTS)(Letter to the Editor)
October 2, 2003... Recipe For Abuse "Story Of Greed" (Editorial, Tuesday) rightly takes issue with a rapidly growing problem in this country. An egregious example of this abuse of eminent domain is taking place in Riviera Beach, Fla. The city has a dream...

THE REAL MOST ACTIVE Stocks Surge More Than 2%, But Trade Lags.(MAKING MONEY)
October 2, 2003... Byline: CRAIG SHAW Stocks kicked off the fourth quarter with major gains Wednesday, although volume trailed in lower. The Dow industrials climbed 2.1% and the S&P 500 2.2%, their biggest one-day advances since June. The small-cap S&P 600...

Analyze, Profit From IBD's Market Charts.(GENERAL MARKET & SECTORS)
October 2, 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...

Travel Services Firm Sees Profit Rebound.(B)(NYSE STOCKS IN THE NEWS)
October 2, 2003... Byline: Craig Shaw Cendant is working on a 12-week consolidation. On a weekly chart, the stock's pattern could also be seen as the handle to a deep base stretching back to March 2002. The stock closed Wednesday 3% off its 52-week high. ...

THE REAL MOST ACTIVE Nasdaq Rises Sharply, But Lacks Volume Push.(B)
October 2, 2003... Byline: JONAH KERI The Nasdaq rose sharply Wednesday, but lower volume and continued weakness by several leading stocks tempered the gains. The composite rose 2.5%. The Nasdaq 100 climbed 2.4%. Tractor Supply staged an impressive...

CyberGuard Breaks Through Resistance.(B)(NASDAQ STOCKS IN THE NEWS)
October 2, 2003... Byline: Jonah Keri After fighting resistance around 10 for 2 1/2 months, CyberGuard broke out Wednesday on nearly three times its normal trade, notching a new closing high. It's still well within 5% of its pivot point, just above 10. ...

IBD Meetup Fosters The Exchange Of Ideas.(THE SMART INVESTOR)(INVESTORS.COM CORNER)
October 2, 2003... Byline: KEN SHREVE From Kuala Lumpur, Malaysia, to Paris and across the U.S., Investor's Business Daily readers are meeting up with others who share their interests in IBD, CAN SLIM investing and other stock-related topics. They're...

With Sales Views Up, Retailers Look Forward To Jolly Holiday Season Momentum Began In July Tax refunds, mortgage refinancings are making shoppers happy to spend.(A)
October 3, 2003... Byline: MARILYN MUCH The calendar may say it's October, but for retailers, the holiday season is here. Neiman Marcus Group this week mailed out its glitzy 2003 Christmas catalog. At stores in midtown Manhattan, shelves bulge with new...

Oracle Suit E-Mails Shed Light On Research Field's "Dirty Secret' Tech companies seen trying to use influence on independent reports.(A)
October 3, 2003... Byline: J. BONASIA Say you hire a real estate appraiser to assess a house you want to buy. Before giving you the report, the appraiser changes it based on input he gets from the builder, the architect and the selling real estate agent. ...

AFTER THE CLOSE.(A)(AFTER THE CLOSE)
October 3, 2003... ADTRAN says it'll beat Q3 profit and sales forecasts and will beat Q4 targets. The telecom gear maker rose after hours. STARBUCKS' same-store sales rose 9% in Sept. Fiscal '03 comps rose 8% vs. 6% in '02. SIEBEL said Q3 sales were $320...

BUSINESS BRIEFS.(A)
October 3, 2003... FINANCE Citigroup fires worker after probe Citigroup's Smith Barney brokerage unit is the most recent financial firm to fire an employee after an internal review of trading practices. Alliance Capital and Prudential Securities have...

BUSINESS BRIEFS.(TO THE POINT)
October 3, 2003... ENERGY Russian oil firms up on Exxon talk Shares of Yukos and Sibneft surged on a Mergermarket.com report that Exxon Mobil may pay $17.5 bil for a 25% stake in YukosSibneft, the entity they'll create in a pending merger. Also, the...

BUSINESS BRIEFS.(TO THE POINT)
October 3, 2003... TRANSPORTATION Ford sets plant closing timetable The world's No. 2 automaker plans to close 3 U.S. plants over 6 months and a 4th by '07 under the contract signed last week with the United Auto Workers union. The contract will let Ford...

THE ECONOMY.(TO THE POINT)
October 3, 2003... Mortgage rates tumble this week The 30-year fixed-rate mortgage dived 21 basis points to 5.77%, Freddie Mac said. The 15-year fixed rate fell 20 basis points to 5.10%. Both hit their lowest levels since mid-July. The one-year adjustable...

NATION.(A)
October 3, 2003... Congress accounts for waste U.S. taxpayers could save $85 bil to $100 bil over a decade if lawmakers truly come to grips with spending, said a report from the House Budget Committee. The report assessed wasteful spending in numerous...

WORLD.(A)
October 3, 2003... Canadian soldiers killed in Kabul A land mine exploded under a vehicle carrying peacekeepers in the Afghan capital. It killed two Canadian soldiers and wounded three. Separately, officials said 17 people have been killed in clashes in...

TRENDS & INNOVATIONS.(A)
October 3, 2003... Indians not worried about visa cut Though the U.S. dropped the cap on number of nonimmigrant visas available to qualified foreigners by 67% to 65,000, Indians think it may benefit them by forcing U.S. firms to move more jobs to India....

TRENDS & INNOVATIONS.(A)
October 3, 2003... ** Nigeria has the highest percentage of happy people, followed by Mexico, Venezuela, El Salvador and Puerto Rico, World Values Survey found. The U.S. was 15th. Russia, Armenia and Romania were last. ** Cheetahs, polar bears, tigers and...

BE PERSISTENT AND WORK HARD Fueled By Good People.(LEADERS & SUCCESS)(IBD'S 10 SECRETS TO SUCCESS)
October 3, 2003... Byline: Cord Cooper 5 A unit of San Francisco-based Williams-Sonoma, Pottery Barn has become a leading home furnishings retailer for two reasons: Management has hired forward-looking people--and given them the freedom to act. The...

The Air Force's Charles Gabriel How To Fly High: Having a plan and a can-do attitude were this general's wings.(A)
October 3, 2003... Byline: GLORIA LAU The way Charles A. Gabriel saw it, people could be anything as long as they aimed high. Gabriel knew from personal experience. He'd been misjudged when his football coach, Chubby Kirkland at the United States...

Tech Researchers Face Conflicting Interests But Some Are Bucking System Campbell's Nucleus firm aims to change the game by not taking vendor funds.(A)
October 3, 2003... Byline: J. BONASIA Ian Campbell was a veteran analyst at tech research firm International Data Corp. when he split off to start Nucleus Research Inc. in April 2000. Campbell says he made the break to give corporate buyers of tech...

Yahoo Mixes Net Meetings With Its Instant Messaging Tapping Business Customers Company joining WebEx in offering hybrid service; stays ahead of AOL, others.(A)
October 3, 2003... Byline: PETE BARLAS Yahoo Inc.'s instant messaging effort is getting down to business. The company has teamed up with WebEx Communications Inc. to offer a combined instant messaging and Web conferencing service to businesses. ...

RADWARE LTD. Tel Aviv, Israel Demand Heating Up For Tech Firm's Gear.(A)
October 3, 2003... Byline: KIRK SHINKLE Radware Ltd. returned to profitability last year after two straight years of red ink. Now the firm looks to maintain financial strength by carving out a niche among larger rivals. Radware makes products designed to...

STANDARD MICROSYSTEMS INC. Hauppauge, New York A "Fabless' Strategy For Earnings Growth.(A)
October 3, 2003... Byline: AMY REEVES The chip industry is pretty young to have old-timers. But Standard Microsystems Corp. qualifies. The company has survived for 32 years by taking the long view. And keeping the long view in focus has never been more...

Stock Funds Fell In Sept., But Rose In Third Quarter; Small-Cap Growth held on for a 9.33% advance for latest three months.(SERIES: MUTUAL FUND QUARTERLY)(IBD SPECIAL REPORT)
October 3, 2003... Byline: KEN HOOVER September lived up to its reputation as the worst performing month for the stock market, leading mutual fund investors to post their first monthly loss since February. But losses were modest. If this is the worst a...

Rockland's Dick Gould Sees More Gains Ahead.(A)
October 3, 2003... Byline: DAN MOREAU Dick Gould believes in small-cap growth stocks driven by fundamentally strong companies with plenty of positive earnings surprises. As the manager of Rockland Small Cap Growth Fund, Gould has a portfolio of some 100...

Gold, Technology Funds Led Q3 Sector Fears And Hopes.(SERIES: MUTUAL FUND QUARTERLY)(IBD SPECIAL REPORT)
October 3, 2003... Byline: PAUL KATZEFF An ongoing rally came to a halt late in the third quarter. The tech sector staged the biggest retreat. The markets were reacting to mixed economic news. GDP rose 3.3% in Q2, faster than expected. But investors...

Japan Funds Stole The Thunder In 3rd Quarter.(A)
October 3, 2003... Byline: DAN MOREAU Japan's long economic drought showed signs of easing in the third quarter, Lipper Inc. data show. Japanese mutual funds led Lipper's foreign fund categories with a gain of 21.17%, edging out China funds, which rose...

Year's Top Funds Grab Tech Stocks, But Integrated Circuit Is Trimmed.(SERIES: MUTUAL FUND QUARTERLY)(IBD SPECIAL REPORT)(BUYS & SELLS)
October 3, 2003... Byline: JULIE HUYNH Although the market had a sharp correction during the last few weeks in September, investors for the most part enjoyed some solid gains during the third quarter. The tech-heavy Nasdaq fell only 1.30% in September,...

New Buys Of Top-Performing Stock Funds This Year.(SERIES: MUTUAL FUND QUARTERLY)(IBD SPECIAL REPORT)
October 3, 2003... Stratasys Inc SSYS Machinry-Mtl Hdlg/Autmn 42.629898411214 China Yuchai Intl Ltd CYD Trucks & Parts-Hvy Duty 17.7297991313 Nam Tai Electronics NTE Elec-Contract Mfg 27.13959730822 Ceradyne Inc CRDN Chemicals-Specialty 25.8794984285...

Latest Sells Of Top-Performing Funds.(SERIES: MUTUAL FUND QUARTERLY)(IBD SPECIAL REPORT)
October 3, 2003... Integrated Circuit ICST Elec-Semiconductor Mfg 653629 Accredo Health ACDO Medical/Dental-Services 482919 PeopleSoft PSFT Computer Sftwr-EnterprsE 422418 Devon Energy DVN Oil&Gas-U S Expl&Prod 291316 UTI Worldwide UTIW...