Investor's Business Daily articles from September 2002

Investor's Business Daily archives from September 2002

Check Out Chart Scale Before Analyzing Stock.(A)(INVESTOR'S CORNER)
September 3, 2002... Byline: DAVID SAITO-CHUNG IBD readers know just how much we stress using charts to make buy and sell decisions. Investing without a chart is like driving in a big city for the first time without a road map. It can get scary. On...

Spending Rose In July Despite Flat Incomes And A Soft Job Market; Low-Cost Loans Still The Key; But analysts worry about holiday spending if hiring doesn't begin to pick up.(A)
September 3, 2002... Byline: JED GRAHAM Consumer spending rose 1% in July, the fastest pace in eight months, despite a 0.2% drop in wages and salaries and flat incomes overall. A surge in auto buying spurred by renewed 0% financing fueled the gains, as...

Employers Face Tough Choices As Health Costs Rise Still Faster; Strategies, Costs Shift.(A)
September 3, 2002... Byline: GLORIA LAU It's no fun to be either the boss or the worker these days. With double-digit premium hikes expected for the fourth year in a row, employers will be paying more for health insurance. And they'll pass some of the cost...

IBD'S TOP 10.(A)
September 3, 2002... July Consumer Spending Strong 1Spending rose 1%, above estimates. Durable goods spending surged 3.7% as automakers once again offered 0% loans. Year over year, spending rose 5%, the best since May '01. Adjusted for inflation, real spending...

AFTER THE CLOSE.(TO THE POINT)
September 3, 2002... U.S. AIR CARGO shipments rose 5.9% in July vs. a year ago to 1.93 bil revenue ton miles, its 4th straight rise and the biggest gain in nearly two years. AES said antitrust regulators want more info about its pending $1.4 bil sale of...

BUSINESS BRIEFS.(TO THE POINT)
September 3, 2002... TELECOM BellSouth warning hits telecoms The local Bell sank 4% after warning late Thursday it'll miss already-lowered '02 profit views. BellSouth blamed restructuring, weak wireless sales and the economy. BellSouth has cut its '02...

BUSINESS BRIEFS.(TO THE POINT)
September 3, 2002... TRANSPORTATION UAL's cost-cutting plan doesn't fly Pilots and attendants ripped United Airlines' plan to lop $9 bil off labor costs over six years. The world's No. 2 carrier wants $1.5 bil in labor concessions, the bulk of $2.5 bil in...

BUSINESS BRIEFS.(TO THE POINT)
September 3, 2002... CONTAINERS Ball to acquire German can maker The food packager shot up 7% to 49.81 after saying it'll buy Schmalbach-Lubeca for $887 mil. Including debt, it's a $1.18 bil deal. The buy makes Ball No. 2 in the European can market....

BUSINESS BRIEFS.(TO THE POINT)
September 3, 2002... AEROSPACE/DEFENSE Boeing machinists to stay on job The union urged its 26,000 members to go to work Tuesday, even though their contract was due to expire midnight Sunday. It plans to revote on Boeing's "best and final" offer after...

THE ECONOMY.(TO THE POINT)
September 3, 2002... Farm prices higher than in July The USDA's farm products index of prices climbed to 101 in Aug., up 1% from July and 8.2% from a year earlier. Prices were higher for corn, wheat, strawberries and lettuce, but lower for hogs, broilers,...

IN BRIEF.(TO THE POINT)
September 3, 2002... Landstar expects to meet Q3 profit views of 75-89 cents. The transportation services firm's news followed trucker Roadway's Aug. 29 warning. Southwest Air struck a tentative deal with its 1,300 machinists. The airline has settled with...

NATION.(TO THE POINT)
September 3, 2002... Ramming planes mulled on 9-11 In the moments after the Sept. 11 attack, a U.S. commander considered sending unarmed Air Force fighter jets on suicide missions to stop any more hijacked airliners. Air Force Col. Robert Marr said that as...

WORLD.(TO THE POINT)
September 3, 2002... Pakistan believes bin Laden dead Senior security officials think Osama bin Laden likely died in a U.S. airstrike on an al-Qaida camp in the Tora Bora area of Afghanistan in Dec., The Financial Times of London reported. Some analysts think...

TRENDS & INNOVATIONS.(TO THE POINT)
September 3, 2002... Mobile phones don't cause tumors Radio emissions from cell phones don't trigger tumor growth in mice and likely don't in humans either, Australian researchers said in the International Journal of Radiation Research. Cell phone-cancer...

TRENDS & INNOVATIONS.(TO THE POINT)
September 3, 2002... - Most U.S. families get along, though media portray family strife, a child advocacy group said. Of kids surveyed, 72% eat dinner with their families at least 5 days a week. - People with asthma, chronic bronchitis and other lung or...

DECIDE UPON YOUR TRUE GOALS Summitt's Hoop Dreams.(LEADERS & SUCCESS)(IBD'S 10 SECRETS TO SUCCESS)
September 3, 2002... Byline: Nancy Gondo 2 No matter how far-fetched a goal may seem, hard work, practice and determination can go a long way in helping you achieve it. In the 1960s, there were no incentives for women to play basketball. But Pat Summitt...

Isaac Asimov Pursued His Star; Work Hard: The inveterate writer pumped out books with a robot's endurance.(LEADERS & SUCCESS)
September 3, 2002... Byline: AMY REEVES Isaac Asimov (1920-1992) was, to say the least, a prolific writer. Between science-fiction novels like the "Foundation" series, nonfiction books about science and history, children's books like "Lucky Starr," and...

Integrity As Important As Number-Crunching Ability For CFOs; Chief financial officers at top firms must also have good people skills.(LEADERS & SUCCESS)(MANAGING A SUCCESSFUL COMPANY)
September 3, 2002... Byline: DONNA HOWELL It's vital these days for companies to have a good chief financial officer. Companies need their skills to maximize profit in these non-boom times. Chief executives need them to help steer a path clear of financial...

Asimov At A Glance.(LEADERS & SUCCESS)
September 3, 2002... Asimov At A Glance Born: 1920 in Petrovichi, Russia. Died: 1992 in New York. Education: Ph.D. in biochemistry, Columbia University, 1948. Achievements: Wrote about 500 books, including "I, Robot" (1950), "Foundation"...

Private Sector Is Buying More Biometrics Gear.(INTERNET & TECHNOLOGY)
September 3, 2002... Byline: J. BONASIA Growing concerns about terrorism and identity theft are ramping up demand for biometric security, even among small businesses, says a new report from ARC Advisory Group, a business-strategy consulting firm. Biometric...

HP Looking To Hawk More Gear, Services To Life Science Firms; Research Spending Rising Fast; With Compaq on board, company may have edge, but IBM is looming large.(INTERNET & TECHNOLOGY)
September 3, 2002... Byline: MURRAY COLEMAN Investors are still waiting for biotech to take off. But many big technology firms aren't biding their time. IBM Corp., Sun Microsystems Inc. and others see biotech as a huge market -- even before biotech patents...

Siebel Sends Mixed Signals With Options Buyback Plan; Pays For "Underwater' Options; The move reinforces notion that stock options are form of compensation, critics say.(INTERNET & TECHNOLOGY)
September 3, 2002... Byline: J. BONASIA To expense options or to not expense options. That's the question for Siebel Systems Inc. Chief Executive Tom Siebel has insisted that it's wrong to treat employee stock options as an expense. But his actions are...

Xilinx Going To Town With Metropolitan Area Networks.(INTERNET & TECHNOLOGY)(Q & A)
September 3, 2002... Byline: JAMES DETAR Is the U.S. lagging other countries in technology adoption rates? Some industry insiders say yes. Cell phone use, for example, is growing faster in Europe and Asia than it is here. High-speed Web use, too, is...

THE IPO MARKETS Looking To Go Public? Rethink Your Goals.(THE NEW AMERICA)
September 3, 2002... Byline: VANCE CARIAGA It almost sounds quaint, the way David Menlow explains it. Companies looking to price initial public offerings in this market will have to rearrange their way of thinking, he says, and forget about all that cash...

KEY FUND HOLDINGS.(MUTUAL FUNDS)
September 3, 2002... Key Fund Holdings / ProLogis and Simon Property Group were top holdings of several real estate funds as of their latest reporting periods. ProLogis' revenue rose 8% and 14% the past two quarters, while its funds from operations rose 4% and 2%....

Stock Funds Shed A Record $52.6 Bil Bad Market Slams July Stock fund assets shrank 10%, but bond funds' rose on record inflow.(MUTUAL FUNDS)(INVESTMENT TRENDS)
September 3, 2002... Byline: DAN MOREAU Investors pulled a record amount of money from stock funds in July while stuffing record levels into bond funds, the Investment Company Institute said Friday. ICI said the total outflow from stock funds in July was...

The Union Label.(ISSUES & INSIGHTS)(EDITORIALS)
September 3, 2002... Labor Day: It isn't what it used to be. But then, neither are labor unions. They seem to be focused less on looking out for workers than on politicking for old friends. In comments last week, AFL-CIO President John Sweeney sounded like...

Sustaining Poverty.(ISSUES & INSIGHTS)(EDITORIALS)
September 3, 2002... Economy: The World Summit on Sustainable Development in Johannesburg seems to be headed to the same place as the Rio de Janeiro summit in 1992: nowhere. Not that the lack of results will come from lack of trying. Some 60,000 earnest...

LETTERS.(ISSUES & INSIGHTS)
September 3, 2002... Heart On Her Sleeve Medea Benjamin, wearing her T-shirt that read "No War On Iraq," shouted at President Bush and got her face in IBD (A1, Aug. 26). Overall, she just wanted to be heard, and this was her way of making contact. Were I...

Have Gov't Antitrust Actions Made Airlines' Woes Worse?(ISSUES & INSIGHTS)(NATIONAL ISSUE)
September 3, 2002... Byline: JOSEPH GUINTO What hurts consumers more, a merger or a bankruptcy? That's what some are asking after financial woes at US Airways and United Airlines. The two carriers scrapped a merger last summer after the Justice Department...

THE REAL MOST ACTIVE Late Swoon Leaves NYSE Stocks Down.(MAKING MONEY)
September 3, 2002... Byline: CRAIG SHAW NYSE stocks closed down after a late-day retreat Friday as volume withered ahead of the Labor Day weekend. The S&P 500 fell 0.2%, the Dow 0.1%. For the week, the benchmark S&P lost 2.6% after five weeks of gains. But it...

Info Systems Provider Returns To The Black.(B)(NYSE STOCKS IN THE NEWS)
September 3, 2002... Byline: David Saito-Chung Anteon International went public at $18 a share on March 12 and climbed to a high of 26.75 on June 25. The stock is working on its first base, having corrected 29%. It's currently 14% below its high. The...

THE REAL MOST ACTIVE Nasdaq Falls Again, Ends Ugly Week Off 4.8%.(B)
September 3, 2002... Byline: JONAH KERI The Nasdaq etched a lackluster session Friday, treading water most of the day on quiet pre-holiday volume before closing with a harsher sell-off. The composite index gave up 1.6%, ending the week down 4.8%. The Nasdaq...

Computer Systems Vaults To New High.(B)(NASDAQ STOCKS IN THE NEWS)
September 3, 2002... Byline: Jonah Keri Computer Programs & Systems debuted at 17 a share on May 21. The stock hit a high above 23 in late June, then began digesting its gains. It broke through resistance between 23 and 24 on Friday, surging to a new high on...

Diversifying Too Much Hampers Potential Gains.(A)(INVESTOR'S CORNER)
September 4, 2002... Byline: JONAH KERI Listen to enough Wall Street talking heads and you'll hear a popular refrain: Don't put all your eggs in one basket. Here's an idea: Instead of pet theories, rely on sound, objective analysis in making your investing...

U.S. Stocks Wither 4% As Data On Producers Fuel Recovery Doubts; All Eyes On Friday Job Data; Retreat mirrors setbacks in Japan, Europe markets as economy worries many.(A)
September 4, 2002... Byline: CHRISTINA WISE Stocks posted their steepest losses since July, crumpling Tuesday under the weight of lackluster economic data and news of sharp drops on foreign markets. The major indexes opened weak and ground lower as the day...

Building Smaller, Better Boards Can Be A Challenge For Firms; Keys Are Size And Mix.(A)
September 4, 2002... Byline: NICK TURNER Seemingly contrary trends are sweeping corporate America's boardrooms. On one hand, boards are becoming smaller and more independent. As part of reform efforts, Walt Disney Co. and other firms seem poised to scale...

IBD'S TOP 10.(A)
September 4, 2002... Post-Holiday Swoon Rips Stocks 1Grumpy traders sent stocks plunging after the long weekend. The S&P 500 dived 4.2%, the Dow 4.1%, the Nasdaq 3.9%. Losers mashed winners as fear spiked. Leading groups like HMOs fell, as did laggards like...

AFTER THE CLOSE.(TO THE POINT)
September 4, 2002... FAIRCHILD SEMICONDUCTOR sees Q3 sales flat to slightly down vs. Q2's $360.5 mil. It had expected flat to slightly higher. Fairchild fell after hours. BOEING shipped 21 jets in Aug., its fewest since March '00. Shipments averaged 37 a month...

BUSINESS BRIEFS.(TO THE POINT)
September 4, 2002... RETAIL McDonald's fries to lose "bad' fat The fast-food chain in Oct. will start cooking french fries and other fried items in an oil that cuts artery-blocking transfatty acids 48% and saturated fat 16%. Total fat won't change as...

BUSINESS BRIEFS.(TO THE POINT)
September 4, 2002... TECHNOLOGY Chips dive on Intel, KLA-Tencor Lehman Bros. and Banc of America Securities both expect Intel to cut Q3 views at Thursday's midquarter update. Lehman's Dan Niles said the chip giant's Q3 is back-end loaded, so it won't have...

BUSINESS BRIEFS.(TO THE POINT)
September 4, 2002... TRANSPORTATION Truckers up on Consolidated news Arkansas Best surged 25%, Roadway 15% and Yellow 12% after the No. 3 U.S. trucker said on Labor Day it's closing shop and firing 15,500 workers. Consolidated Freightways decided to shut...

BUSINESS BRIEFS.(TO THE POINT)
September 4, 2002... FINANCE Citigroup falls 10% on IPO probe New York Attorney General Eliot Spitzer is now probing what role executives at Citigroup's Salomon Smith Barney unit played in allocating hot IPOs, sources said. Top WorldCom executives got such...

THE ECONOMY.(TO THE POINT)
September 4, 2002... Q2 home prices up 6.5% in year Average U.S. home prices rose 1.9% from Q1 and 6.5% from Q2 '01, the Office of Federal Housing Enterprise Oversight said. After peaking at 9.2% in Q1 '01, yearly home price gains have slowed for five straight...

IN BRIEF.(TO THE POINT)
September 4, 2002... Mirant said it'll fall short of its '02 profit goal, citing a tough power trading market. Liquidity is $1.5 bil, below targets. Mirant fell 8%. An anti-Esso campaign in the U.K. is working, found a Greenpeace poll that shows fewer Brits...

NATION.(TO THE POINT)
September 4, 2002... Cuomo quits N.Y. primary race Former federal Housing Secretary Andrew Cuomo withdrew from the governor's race and threw his support to state Comptroller Carl McCall in the election. McCall will try to unseat GOP Gov. George Pataki. Cuomo,...

WORLD.(TO THE POINT)
September 4, 2002... Israeli court OKs two expulsions The Supreme Court approved sending two West Bank Palestinians accused of assisting their brother with a suicide bombing to Gaza. But the court, in its landmark decision, also ruled unanimously that a...

TAKE ACTION Clients Can Work For You.(LEADERS & SUCCESS)(IBD'S 10 SECRETS TO SUCCESS)
September 4, 2002... Byline: Cord Cooper 3 You're a salesperson who wants to boost your influence and bottom line. One of the best ways? Turn customers into sales tools. Convert them into "unassailable references," advised sales trainer Dave Stein. ...

Carl Jung's Vision Was Clear; Focus On Dedication: Mystic never wavered in developing new psychiatric school.(LEADERS & SUCCESS)
September 4, 2002... Byline: SARAH Z. SLEEPER In the autumn of 1913, 38-year-old Dr. Carl Gustav Jung had a vision that changed his life. Jung was already a famous psychologist. He had worked with Sigmund Freud and served as president of the International...

Want To Build A Chip Plant? Find Partners; Tough To Go It Alone; With costs over $2 bil, only Intel can afford building its own plant.(INTERNET & TECHNOLOGY)
September 4, 2002... Byline: JAMES DETAR Semiconductor companies are used to jumping high technology hurdles. But one obstacle is too high for most firms. It's the cost of a new chip. A chip factory costs $2 billion plus. And the cost of designing and...

Chip Stocks Tumble As Analysts Cut Intel '02 Earnings Targets; Fairchild Slashes Q3 Views; But a chip industry group reports year-over-year sales for July increased by 8%.(INTERNET & TECHNOLOGY)
September 4, 2002... Byline: JAMES DETAR Semiconductor companies continue to warn that things aren't improving. Tuesday's 3.88% drop in the tech-heavy Nasdaq stock market was fueled, analysts say, by a fresh spate of poor outlook reports and other bad news....

Motorola Enters Switch Business.(INTERNET & TECHNOLOGY)
September 4, 2002... Byline: SARAH Z. SLEEPER Motorola Inc. is looking to fill a gap in its wireless network gear lineup. The company in July said it will sell the switching products made by privately held Winphoria Networks Inc. Terms weren't disclosed....

Reign Of Tiny Phones May Be Ending; Is Size Less Important?; Phone makers hawking other aspects of devices, such as full-color screens.(INTERNET & TECHNOLOGY)(COMPUTERS MADE PLAIN)
September 4, 2002... Byline: NICK TURNER In the world of cell phones, bigger is rarely better. But the trend toward tinier phones -- lightweight and convenient for any pocket or small purse -- may be waning. Phone makers want to offer a range of new...

AMERICAN MED. SYSTEMS Minnetonka, Minn. It's A Different World, So Why Not Cash In?(THE NEW AMERICA)
September 4, 2002... Byline: AMY REEVES Ever since Bob Dole went on the airwaves five years ago talking about "erectile dysfunction," things haven't been the same. When former presidential contenders can talk about embarrassing ailments like impotence on...

ACTIVISION INC. Santa Monica, California Dude, You Have To Check This Company Out It, Like, Sells Video Games It sells a lot of them, too,thanks to popular extreme sports and superhero titles.(THE NEW AMERICA)
September 4, 2002... Byline: KIRK SHINKLE The old man of the video game world is succeeding on Wall Street, thanks to the elder statesman of skateboarding. Activision Inc., founded in 1979, has ridden its partnership with skateboarding icon Tony Hawk to...

KEY FUND HOLDINGS.(MUTUAL FUNDS)
September 4, 2002... Key Fund Holdings / Fred's was a top holding of Target Small Cap Value Fund in the latest reporting period. The discount retailer is working on the right side of a 17-week base. It's 20% off its May 6 high of 40.70. Earnings growth has ramped...

Stilwell Units Restructure Into Janus Whiston Is Named CEO Up to 140 to lose jobs; Janus to maintain focus, Berger funds may merge.(MUTUAL FUNDS)
September 4, 2002... Byline: DAN MOREAU In a shakeup following a sharp decline in assets under management, Janus Capital Management will merge with its parent, Stilwell Financial, at year-end and assume the strategic direction of all of Stilwell's...

Fed's Blame Game.(ISSUES & INSIGHTS)(EDITORIALS)
September 4, 2002... Economy: Fed Chairman Alan Greenspan says don't blame him for the bursting of the stock market bubble. Well, whom else should we blame? Like many, we were surprised at Greenspan's comments during the Fed's recent Jackson Hole conference,...

Powell's Private War.(ISSUES & INSIGHTS)(EDITORIALS)
September 4, 2002... Iraq: Because of a balky secretary of state, the media imply that the administration is a house divided in its Saddam Hussein solution. But is that actually the case? Not according to Colin Powell insiders. Fox News reports that some close...

LETTERS.(ISSUES & INSIGHTS)
September 4, 2002... Union Takes Exception "Labor's Costs Are An Easy Target, But Not Best For Ailing Carriers" (A1, Aug. 21) reports that "Southwest's unions are company unions -- they represent only Southwest workers." This statement is not true. The...

Mexico's 'Sieve'-Like Border Creates Concerns After 9-11.(ISSUES & INSIGHTS)(NATIONAL ISSUE)
September 4, 2002... Byline: BRIAN MITCHELL It's not the U.S. border, but it might as well be. It's Mexico's back door -- 600 miles of mountains and marshland separating Guatemala from Mexico's troubled southern states. Migrants from Central America cross it...

THE REAL MOST ACTIVE Factory Data Spark Broad NYSE Sell-Off.(MAKING MONEY)
September 4, 2002... Byline: CRAIG SHAW NYSE stocks sold off Monday as weak factory data dimmed recovery hopes. The Dow fell 4.1%, the S&P 500 4.2%. Small caps also sank, with the S&P 600 down 3%. Volume rose from Friday's pre-holiday levels. Albertsons...

Jersey Bank's Group Rises To Top Of List.(B)(NYSE STOCKS IN THE NEWS)
September 4, 2002... Byline: Craig Shaw Commerce Bancorp may be adding a handle to its three-month base. Volume has dried up nicely in the handle. The New Jersey bank's stock has doubled since its June 2000 breakout, clearing several consolidations along the...

THE REAL MOST ACTIVE Chipmakers' Dim Forecasts Send Techs Plunging.(B)
September 4, 2002... Byline: DAVID SAITO-CHUNG The Nasdaq tumbled 3.9% Tuesday on heavier volume. The Nasdaq 100 sank 4.5%. Semiconductor shares fell hard after KLA-Tencor's CFO reportedly said he sees fiscal first-quarter orders flat to down 15%. Silicon...

Higher Prices Enhance Waste Firm's Growth.(B)(NASDAQ STOCKS IN THE NEWS)
September 4, 2002... Byline: David Saito-Chung Waste Connections stumbled after trying to break out of a long base and making fresh highs in late April to early May this year. It's now near the top of a new base. The Folsom, Calif.-based firm provides...

Best Stocks Have Higher P-Es.(A)(INVESTOR'S CORNER)
September 5, 2002... Byline: CRAIG SHAW You can't buy prime rib for the price of Salisbury steak. Well, stocks are no different. Many investors avoid stocks that are "overvalued." One way to figure out a stock's value is the price-to-earnings, or P-E,...

Aug. Car Sales Soar 13% As 0% Loans, Cash Discounts Keep Detroit Humming; GM Lifts Earnings Guidance; It and Ford increase plans for output in second half, in boost for the economy.(A)
September 5, 2002... Byline: JED GRAHAM Cars and trucks flew off dealers' lots in August, as consumers continued to jump at interest-free loans and cash discounts. General Motors said U.S. sales rose 18% from a year ago. Sales at DaimlerChrysler's Chrysler...

IBD'S TOP 10.(A)
September 5, 2002... Congress To Vote On Iraq Policy 1Congressional leaders emerged from talks with President Bush saying they'll vote before the Nov. 5 election on a non-binding resolution on what to do about Iraq. Bush pledged to seek Congress' OK before...

AFTER THE CLOSE.(TO THE POINT)
September 5, 2002... HOT TOPIC'S same-store sales rose 5.3% in Aug. Net sales rose 32% to $46.8 mil. The teen apparel chain climbed after hours. LENNAR sees Q3 profit beating views of $1.63 by at least 20%, the home builder said. A HOUSE PANEL widened its...

BUSINESS BRIEFS.(TO THE POINT)
September 5, 2002... DIVERSIFIED ABB to sell financing unit to GE The Swiss industrial group will sell 80% of its leasing and financing portfolio for $2.3 bil cash plus $1.2 bil in debt. General Electric will get assets valued at $3.8 bil, including...

BUSINESS BRIEFS.(TO THE POINT)
September 5, 2002... BUILDING Hovnanian Q3 EPS surged 101% The home builder earned $1.43 a share ex-charges, beating raised views by 68%. Sales rose 38% to $704.6 mil. Hovnanian Enterprises' backlog grew 20% to a record 4,403 homes. The firm sees...

BUSINESS BRIEFS.(TO THE POINT)
September 5, 2002... TRANSPORTATION UAL unions join up in labor talks In a meeting with the airline's five labor unions, new CEO Glenn Tilton said bankruptcy is not a foregone conclusion. The unions gathered in their first joint strategy meeting since...

BUSINESS BRIEFS.(TO THE POINT)
September 5, 2002... TECHNOLOGY National Semi sees lower Q2 sales The chipmaker fell as much as 4% intraday on the warning, but rallied with the market to close higher. National Semiconductor expects Q2 sales to be flat to down 5% vs. Q1 vs. earlier...

THE ECONOMY.(TO THE POINT)
September 5, 2002... World oil demand to soar by 2050 The oil industry's biggest challenge will be to find enough energy to satisfy the needs of the 3 bil people in the underdeveloped world, ChevronTexaco CEO David O'Reilly told the World Oil Summit in Rio de...

IN BRIEF.(TO THE POINT)
September 5, 2002... Anheuser-Busch expects '02 profit to grow 14% on strong pricing and volume in the U.S. beer market. The brewer had forecast 13%-14%. Anheuser and rival Adolph Coors plan to raise prices. Merrill Lynch expects Q3 revenue to lag Q2 due to the...

NATION.(TO THE POINT)
September 5, 2002... 2 sides stiffen on homeland bill Each side accused the other of playing politics with the Homeland Dept. bill, with Democrats portrayed as cozying up to labor unions and Republicans described as trying to weaken unions and worker rights....

WORLD.(TO THE POINT)
September 5, 2002... Powell is jeered at Earth Summit At the closing session of the Johannesburg forum, speaker after speaker attacked as too weak plans to tackle global problems from AIDS to depleted fish stocks. Environmentalists branded the efforts a sellout...

TRENDS & INNOVATIONS.(TO THE POINT)
September 5, 2002... Homes seen as safer than stocks A Fannie Mae poll found 70% of Americans agreed homes are a "safe and smart" investment vs. 38% who said the same of 401(k)s and IRAs. Just 10% felt that way about stocks. While stocks have been weak, home...

TRENDS & INNOVATIONS.(TO THE POINT)
September 5, 2002... - A ricin vaccine created by University of Texas researchers works in mice, and may lead to one that protects people from the deadly toxin in a bioattack. - Small insulin particles as fine as smoke seem to improve the hormone's...

NEVER STOP LEARNING Einstein: Relatively Smart?(LEADERS & SUCCESS)(IBD'S 10 SECRETS TO SUCCESS)
September 5, 2002... Byline: James DeTar 4 Great success is often a matter of taking what you have and learning to make the best of it. By opening your mind to the gifts you have, rather than striving for ones that aren't available, you can turn the key...

(Wiesenthal) At A Glance.(LEADERS & SUCCESS)
September 5, 2002... (Wiesenthal) At A Glance Born: 1908 in Buczacz, in what is now the Lvov Oblast section of Ukraine. Education: Bachelor's degree in architectural engineering from the Technical University of Prague in 1932. Achievements: ...

Seek Justice, Not Vengeance; Focus On Integrity: Nazi hunter Simon Wiesenthal tempers rage with reason.(LEADERS & SUCCESS)
September 5, 2002... Byline: MICHAEL MINK Simon Wiesenthal heard a voice from the grave calling out for justice. He's been trying to honor the request ever since. An architect before World War II, a ravaged, 90-pound Wiesenthal emerged from the liberated...

TECHBITS.(INTERNET & TECHNOLOGY)
September 5, 2002... Byline: Doug Tsuruoka Air Force Using E-tools Handheld computers, personal digital assistants and laptops are destined to play a much larger role in keeping Air Force planes and weapons systems in fighting trim. The Air Force...

New Software Gives Managers Enhanced View Of A Firm's Sales Efforts; Streamlining Bonus Formulas; Only a few companies sell the product, which helps managers focus on goals.(INTERNET & TECHNOLOGY)
September 5, 2002... Byline: J. BONASIA In this age of business scandals and belt-tightening, a new breed of software aims to change the way companies work. Enterprise incentive management software is designed to tie employee behavior to larger corporate...