The Business Journal - Serving Phoenix & the Valley of the Sun articles from July 2000

The Business Journal - Serving Phoenix & the Valley of the Sun archives from July 2000

Baptist cuts corporate staff.(Baptist Hospitals and Health Systems Inc.)(Brief Article)(Statistical Data Included)
July 28, 2000... Baptist Hospitals and Health Systems Inc. has laid off the bulk of its corporate staff following the sale of its two Valley hospitals for $445 million to Vanguard Health Systems Inc. Once employing 74 people at its Phoenix corporate...

What's For Free launches web site, faces legal battle.(What's For Free Technologies Inc.)(Brief Article)(Statistical Data Included)
July 28, 2000... A young Scottsdale Internet company, What's For Free Technologies Inc., launched its web site this month, but what visitors to the site see on screen is just the tip of the iceberg. The second half of its business model still is a few...

Hi-rise dreams.(planning office buildings in Phoenix, AZ)(Brief Article)(Statistical Data Included)
July 28, 2000... Grand visions for Central Avenue fade with market reality Over the past 20 years, a bevy of dream high-rise office buildings has been proposed for Central Avenue, from Roosevelt Street north to Camelback Road. Most of the office...

Channel 3 to be first in Valley with interactive ads.(Brief Article)
July 28, 2000... Tune in, turn on, then tune in again -- to an enhanced and interactive version of what you'd normally watch on newscast, read in a publication or see in TV ads. Starting this fall, Dallas-based Belo Corp., parent to local KTVK-TV 3, will...

Bank on a sweet roll.(East Valley Community Bank's advertising services)(Brief Article)
July 28, 2000... Nancy Tabor, like most mothers, is willing to do just about anything for her children. There's a good chance, though, that when daughter, Becky Jackson, president of East Valley Community Bank, called and asked good ol' mom to "run her...

Valley should take advantage of ways to lure dot-coms.(Brief Article)(Statistical Data Included)
July 28, 2000... SAN JOSE -- Everyone has heard the horror stories about how hard it is to find affordable housing in Silicon Valley. Just as haunting is the search for office space. In Phoenix, $30 per square foot will give you some of the best views in...

Final numbers show 24,000 to lose coverage.(Medicare loss)(Brief Article)(Statistical Data Included)
July 28, 2000... More than 24,000 Medicare beneficiaries in Arizona will lose their coverage beginning in January, according to the final numbers released by the federal health care plan. Nationwide, nearly 1 million beneficiaries are losing coverage. In...

Desert Winds changes name in acquisition.(SunnComm Inc.)(Brief Article)(Statistical Data Included)
July 28, 2000... Desert Winds Entertainment Corp. has transformed from an entertainment producer to an entertainment provider. The Phoenix company acquired SunnComm Inc. in a stock exchange and changed its name to SunnComm Inc. Peter H. Jacobs, new...

Bell Lexus starts move to expanded dealership.(Brief Article)
July 28, 2000... It's a move they say will make them the largest Lexus dealership, spacewise, in the Southwestern United States. Bell Lexus of Phoenix has started the relocation process that will take them from their current spot near Interstate 17 and...

Auto parts restorer alleges IRS readjustment of '95 tax is in error.(ATSCO Products Co.)(Brief Article)(Statistical Data Included)
July 28, 2000... WASHINGTON -- A Phoenix auto parts restorer is trying to make a $5 million readjustment that wasn't in its plans. Owners of ATSCO Products Co., which refurbishes old auto parts for reuse, could face millions of dollars in additional taxes...

E-biz degrees fast becoming standard fare at universities.
July 28, 2000... The University of Phoenix has launched a master's degree program for working professionals who want to expand their knowledge of e-business. The school's master of business in e-business degree was created in response to community need...

Musical instruments being collected to benefit underprivileged schools.(Brief Article)
July 28, 2000... Cox Communications Inc., VHI Save the Music Foundations and Fiesta Mall have teamed to collect musical. instruments for schools in underserved areas where music programs are being restored. Fiesta Mall will serve as a collection site for...

Landfills may be secret to local man's success.(Brief Article)(Statistical Data Included)
July 28, 2000... You know the saying: "One man's trash is another man's treasure." Well, believe it when Enrico Giovanardi says this country's trash is his treasure. "The more the level of culture of people, the more the landfill use," Giovanardi...

Sacred hogan tradition defines watts of Navajo treatment center.(Brief Article)(Statistical Data Included)
July 28, 2000... Searer, Robbins & Stephens, a Phoenix architectural firm, has been selected to design the $2.4 million Twin Trails Juvenile Treatment Center in Chinle. The 18,000-square-foot center is based on an innovative eight-sided design. The...

Acquisition takes Valley's Bamboo Clubs nationwide.(Brief Article)(Statistical Data Included)
July 28, 2000... Looks like the Valley's Bamboo Clubs are perched to sprout nationally, now that the bustling pan-Asian lunch and dinner spots have been acquired by Main Street and Main Inc., the Phoenix franchisee of T.G.I. Friday's. "I wanted to take...

New care home for Alzheimer's and dementia patients opening.(Hawthorn Court at Ahwatukee)(Brief Article)(Statistical Data Included)
July 28, 2000... It's the next wave for assisted-care facilities, according to its builders, and the first one to service the Phoenix area will open in the Valley this week. Hawthorn Court at Ahwatukee, a privately run, specifically designed...

Bay Area eatery eyes Valley for out-of-state expansion.(Pasta Pomodoro)(Brief Article)(Statistical Data Included)
July 28, 2000... A San Francisco-based pasta chain is beginning an ambitious campaign to open more than four dozen restaurants during the next five years, beginning in Arizona. Adriano Paganini has opened nine Pasta Pomodoros in San Francisco alone...

Sports, entertainment fans have new way to buy or sell open seats.(OpenSeats.com)(Brief Article)(Statistical Data Included)
July 28, 2000... In the wake of ETM/Dillard's ticket outlets pulling out of Arizona, there's a new online option for those who want to either buy or sell tickets to sports and entertainment events. Nashville-based OpenSeats.com is offering a service that...

CollegeCapital.com links students to scholarships.(Brief Article)(Statistical Data Included)
July 28, 2000... There's a new resource for parents and college-bound teens: CollegeCapital.com. The Scottsdale-managed site goes live Aug. 1 with a database of information on $4 billion worth of scholarships to higher-learning institutions worldwide....

Sign of the times.(First Tuesday;)(Yazam)(Brief Article)
July 28, 2000... It's a sign of the times when the latest merger announcement isn't about two corporate giants, but two networking groups. Merger mania hit Phoenix again last week when First Tuesday, an entrepreneur-educational group new to the Valley,...

Milestone month.(Corpedia Training Technologies)(Brief Article)
July 28, 2000... July has been a big month at Corpedia Training Technologies Inc. LLC, a Mesa-based e-learning company. Three high-profile advisors were added to the company's board of directors, and the second course in the Peter Drucker business education...

Osage times two.(Osage Systems Group Inc. reorganizes)
July 28, 2000... Osage. Systems Group Inc., a Phoenix-based e-intgrator, has reorganized into two business units -- Osage iXi and Osage Systems Integration. Osage iXi will focus on creating e-commerce solutions for mid-sized companies; selling...

A fine fee.(Spam E-mail regulation)(Brief Article)
July 28, 2000... The U.S. House of Representatives approved an anti-spam bill to help consumers and Internet Service Providers fight back against unsolicited e-mail. The "Unsolicited Commercial Electronic Mail Act of 2000" passed July 18 by a vote of 427...

Local government vets step out to join forces.(Stuart Goodman and David L. Schwartz)
July 28, 2000... Stuart Goodman, who served as a senior policy adviser to Gov. Jane Hull, and David L. Schwartz, who began his career in 1989 in Mayor Skip Rimsza's office, have joined forces. The two men have created Goodman Schwartz, a public affairs...

Interesting prediction.(Greg Bount's economic forecast)
July 28, 2000... Greg Blount, Bank One's senior international economist in Chicago, is predicting the Federal Reserve Board will postpone hiking interest rates at its August meeting because of a slowing economy. In the July issue of One View, the bank's...

Imperial high tech.(Imperial Bank Emerging Growth Div.)
July 28, 2000... To keep up with changing financial needs of high-tech companies, Imperial Bank's Emerging Growth Division tripled the size of its staff in Boston, and enhanced its presence in major U.S. high-tech sectors by opening offices in Phoenix,...

Aon Corp.
July 28, 2000... Aon Corp. settled into new digs July 24 after relocation of most of its Arizona operations to the 16th and 17th floors of the Viad Tower. Greg McClelland, president of Aon Risk Services, said the move and expansion supports the company's...

`Wild' addition.(Winton Woods to JurisDicitonUSA)
July 28, 2000... There's a "Wildcat" loose over at JurisDictionUSA, a Scottsdale application service provider for the legal profession. Winton Woods, a University of Arizona law professor and director of the Courtroom of the Future project, has joined the...

Sherald Griffin retires.(Henry and Home PLC)
July 28, 2000... After 27 years at Henry & Home PLC, director Sherald Griffin has announced his retirement. Griffin has been an assurance services director in the Scottsdale office, and has been called upon frequently to research and resolve, detailed...

The more you know.(Billion, jillion, zillion, quadrillion, quattuordecillion, unvigintillion and a googol)
July 28, 2000... Recently, a few Business Journal reporters were trying to remember what large number comes after trillion. After much debate and after determining that it was neither "jillion" nor "zillion," a quick check on the Internet revealed the...

On the road again.
July 28, 2000... This is my last finance/professional services column, as I've accepted a job at WorldatWork, a Scottsdale not-for-profit association that focuses on compensation, benefits and total rewards. Thanks to everybody for their patience, return...

Medical dot-coms team for disabled community.(Allegro Medical.com allies with HalfthePlanet.com)
July 28, 2000... Allegro Medical.com, a Scottsdale online medical supplies and equipment store, has formed an alliance with HalfthePlanet.com, an Internet gateway serving the disability community. The two companies will establish a co-branded shopping...

Expansion.(OrthoLogic Corp. extends license agreement with Chrysalis BioTechnology Inc.)
July 28, 2000... OrthoLogic Corp. of Tempe has extended its licensing agreement with Chrysalis BioTechnology Inc. to expand worldwide. Previously, the licensing agreement included only the rights for fracture healing treatment in the United States. Now...

Banner's Orr steps down.(Steve Orr leaves and Chuck Welliver replaces him)
July 28, 2000... Following in the footsteps of Jim Crews, Steve Orr is stepping down from Banner Health System. Crews had announced his retirement as president and chief executive of Banner Health Arizona earlier this year. Chuck Welliver has taken his...

Nicks at night.(Stevie Nicks to raise funds for Arizona Heart Institute)
July 28, 2000... Stevie Nicks is bringing her friends to Phoenix to help raise money for Arizona Heart Institute Foundation's proposed $5 million research and education facility. Tickets went on sale last week for the Sept. 23 concert at America West...

Lifemark name changes.(Lifemark Corp. changes names of two subsidiaries to Lifemark Health Plans....Ventana Health Systems Inc. and Arizona Health Concepts inc.)
July 28, 2000... Lifemark Corp. of Phoenix is changing the names of two of its subsidiaries. Ventana Health Systems Inc. and Arizona Health Concepts Inc. will be doing business as Lifemark Health Plans. Ventana is the company's long-term care health...

Channel 12 plays summer game of musical chairs.(KPNX-TV 12)
July 28, 2000... News anchors at KPNX-TV 12 keep turning up in unexpected time slots. What's up with that? Word's out that Jineane Ford, the 5 and 10 p.m. news co-anchor with Kent Dana, may switch to the station's morning show, 12 News Today, which airs...

New face on 5.(Diana Sullivan, new anchor for KPHO-TV 5)
July 28, 2000... KPHO-TV 5 has tapped a replacement for June Thomson, who left the station a month ago. Diana Sullivan has been hired as a new anchor and reporter on the 5, 6 and 10 p.m. newscasts, where she will join Cary Pfeffer starting Aug. 21. ...

Emmis radio changes.(Emmis Communications Corp. buys KTAR, KMVP, KKLT AND KKFR)
July 28, 2000... As Emmis Communications Corp. gets closer to taking over operations of its recently acquired Valley stations -- KTAR-AM 620, KMVP-AM 860, KKLT-FM 98.7 and KKFR-FM 92.3 -- a slight shift in station management will take place. Marv Nyren,...

Clear Channel posts.(Clear Channel Communications appoints Vicki Fiorelli director of marketing)(Brief Article)
July 28, 2000... Vicki Fiorelli has been named director of promotions and marketing for all the Clear Channel Communications stations in the Valley, which include KNIX-FM 102.5, KESZ-FM 99.9, KZZP-FM 104.7 and KMXP-FM 96.9. Fiorelli was the promotions...

C-K goes digital.(Cramer-Krasselt Co.)
July 28, 2000... Cramer-Krasselt has tapped into the digital wave, adding a department to focus on interactive technology. Heading up the new area is Aaron Boyd, who will serve as the agency's director of digital strategy. "We brought Aaron on board to...

New design firm.(Ditko Design)(Brief Article)
July 28, 2000... Graphic designer Steve Ditko has started his own firm, Ditko Design, in Phoenix. Ditko, who has worked in the industry for 24 years, oversees creative development and design management for the company. Michelle King serves as the firm's...

Teachers to sharpen technology skills at conference.(Global Connections World Technology Conference)(Brief Article)(Statistical Data Included)
July 28, 2000... The Phoenix Union High School District is hosting the second annual Global Connections World Technology Conference July 31 to Aug. 4 at Arizona State University West in Phoenix. Teachers from PUHS and the Madison and Osborn elementary...

Free DV-editing software.(Brief Article)
July 28, 2000... @Home, the content provider for Cox@Home, is offering its subscribers free digital-video editing software from Media 100 called IntroDV MovieMate. The feature-rich software application offers tools that will allow all levels of computer...

SEMY update.(Brief Article)
July 28, 2000... Phoenix-based SEMY Engineering has updated its Advanced Process Control solution software to SEMY-Sentinel v2.0. The new version is in response to recent requirements in the semiconductor manufacturing sector for applications to improve...

Weathering the outdoors.(Brief Article)
July 28, 2000... Encore Products Inc. of Chandler now is offering a build-to-suit National Electrical Manufacturers Association-compliant product line. The compliant enclosures are manufactured from stainless steel or aluminum and are built to provide...

Click mouse; buy music.(Windows Media)(Brief Article)(Statistical Data Included)
July 28, 2000... The new Windows Media Player 7, an all-in-one digital media player, links consumers to www.virginjamcast.com, so music can be purchased via digital download. Consumers may download the media player at http://WindowsMedia.com and listen...

United States needs more teachers than lawyers.(Brief Article)(Statistical Data Included)
July 28, 2000... In America there is one lawyer for every 419 men, women and children. In Arizona, that number is 325:1. But projections say we will be short 1 million teachers in America by 2010. The shortage will include 27,000 teachers in Arizona. ...

A true mover.(Jack Swonson)(Brief Article)(Statistical Data Included)
July 28, 2000... USAA Western chief sees only positive things After many cross-country moves, its a safe bet that Jack Swonson's move to the Valley next spring will be nothing like one of his family's most memorable. As senior vice president of...

When closing deals one size doesn't fit all.
July 28, 2000... It's Thursday night, and you've just finished a hard 12-hour workday. It's been stressful, and you just want to have a relaxing dinner and catch up on some reading and sleep. Unfortunately, your spouse wants you to meet your new neighbors...

PEOPLE ON THE MOVE.
July 28, 2000... Accounting Admitted as directors in CPA firm Henry & Home PLC, Mesa, were Charles Goodmiller, Dana Krouth, Donald Kretschmar and Charles Inderieden. Advertising. Jesse Palacios joined Arvizu Advertising & Promotions, Phoenix,...

New web site offers retirement options for small business.(Brief Article)
July 28, 2000... Retirement plans are becoming a common tool for small-business owners to recruit and retain employees. For those who haven't established a plan for their staff and would like to, a new resource is on the way. The U.S. Chamber of Commerce...

Directory goes online.
July 28, 2000... The Arizona Department of Commerce is, in its, own words, "taking a cyber leap" by putting its annual Arizona Directory of Minority and Women-owned Businesses online. The directory now offers free online listings and, unlike the printed...

Focus: Clutter Busters.(Barbara Wojtczak opens Clutter Busters Unlimited LLC)(Brief Article)
July 28, 2000... Barbara Wojtczak describes herself as a "habitual organizer." What could be a better business opportunity than helping others, organize? The former lawyer has opened Clutter Busters Unlimited LLC in Chandler and is an authorized...

Internet stampede!(Rhino Productions Inc.)(Brief Article)
July 28, 2000... Rhino Productions' web sites get noticed Rhino Productions inc. Helps business, whether brick-and-mortar operations or virtual companies, establish a presence on the Internet. Rhino develops web sites -- specializing in complex...

TIP.(Brief Article)
July 28, 2000... When hiring outside consultants for technology help, verify how well you'll be covered for backup procedures. Make sure a second technician will be available -- and able -- to work on your system at all times. Source: Business Week

READERS RESPOND.(Brief Article)
July 28, 2000... What book have you read that has influenced the way you do business? Name: Wendell E. Jones Title: Managing director Company: Henry & Horne PLC True Professionalism, by David Maister. It teaches you how to be in charge of...

Variety of retirement plans offered.(Brief Article)
July 28, 2000... What retirement plans are available for my business? In the past, saving for retirement was limited to employer-sponsored 401(k) plans and Individual Retirement Accounts. Now, retirement plan alternatives abound. The good news for...

Optimism wanes for business owners.(Brief Article)(Statistical Data Included)
July 28, 2000... Small-business owners are the least optimistic they've been since the fall of 1993, according to a monthly survey of 503 businesses by the National Federation of Independent Business. The Foundation's Small Business Optimic Index fell 2.6...

Small companies move onto web.(Brief Article)(Statistical Data Included)
July 28, 2000... Small businesses using the Internet have grown 46 percent faster than ones that don't, and more small businesses are expected to move online this year. Here are some tips for creating a web web site, courtesy of the U.S. Chamber of...

Web Site Review.(Health4Her.com)(Brief Article)
July 28, 2000... Web Site Review: The purpose of this column is to rate the technical aspects of a web site, not the content. All of the comments in this review are specifically focusing on the fundamentals of web-site design. Site summary: ...

The `why' you do the things you do determines sales.(Brief Article)
July 28, 2000... What's the easiest way to make a sale? What's the best way to make a sale? What's the fastest way? Same answer: There is none. There is no easy, best, fast way to make a sale. There are a million ways to make a sale, but it's not with a...

Customer satisfaction drops amid mixed poll results.(Brief Article)
July 28, 2000... No challenging insights or preachy pronouncements this time around. Simply a medley of marketing information and other musings for the lazy days of summer. Customer service drops From the American Customer Satisfaction Index comes...

Cards in need of good sports role model.(Brief Article)
July 28, 2000... It is an accepted fact that it is important for youngsters to have good role models. But it also is important for professional sports teams. Take the Cardinals. (Insert your own punch line. But be advised: "Please," "Why not?" and...

Savvy putting takes an eye for detail.(Golf tips)(Brief Article)
July 28, 2000... In business, an executive's work ethic is often determined by what body parts he or she is willing to sacrifice for success. One's nose, for instance, should be kept to the grindstone. The shoulder? To the wheel it goes. And if you put your...

Coyotes take show on tour to woo fans throughout state.(Phoenix Coyotes)(Brief Article)
July 28, 2000... Phoenix Coyotes hockey will skate into Arizona communities beginning Aug. 10, giving fans throughout the state an opportunity to experience the NHL. The fourth annual APS Power Play Tour begins at Arizona Mills Mall in Tempe and will...

Vipers say aye to laser eye care from ICON centers.(ICON Laser Eye Centers Inc.)(Brief Article)
July 28, 2000... Scottsdale's team m the U.S. Western Baseball League, the Valley Vipers, has chosen ICON Laser Eye Centers Inc. as the team's laser vision-correction provider. ICON's North American medical director, Jay L.- Schwartz, DO, was named the...

Firm name has acquired ring: Vital Merchant Services.(AMS LLC changes name)(Brief Article)
July 28, 2000... AMS LLC, a Sacramento, Calif., company that rents, leases and sells terminals to merchants for moving money electronically, has been renamed Vital Merchant Services, following its acquisition earlier this month by Tempe-based Vital Processing...

Stores plan to be ultimate in new technology.(Ultimate Electronics)(Brief Article)
July 28, 2000... Two new Ultimate Electronics stores are getting ready to open July 28 in Phoenix. With combined areas of more than 75,000 square feet, the two stores -- one at 4529 E. Thomas Road and another at 2750 W. Peoria Ave. -- Ultimate...

Architect says sprawl defies Oregon efforts.(Brief Article)
July 28, 2000... A prominent Arizona architect, the guru of "new urbanism" communities in which residents can live, work and play, gives mixed reviews to land-use rules in Portland, Ore. Oregon's growth-boundary law, promoted by the Sierra Club as one...

Luxury homes.(sales statistics for Phoenix area)(Brief Article)
July 28, 2000... We're on our way to another record this year. From January through June, 224 homes were sold in metro Phoenix for more than $1 million each, according to David MacIntyre, broker at Arizona Best Real Estate. That compares to Maricopa County's...

Busy building rate may mean big Surprise for city officials.(Surprise, Arizona)(Brief Article)
July 28, 2000... The population in Surprise increases almost as fast as city officials can change the numbers. That's because more new homes are being added by builders lured by the vast amount of land available in the west Valley, more than in many...

Hot Deals.(Phoenix area real estate purchases)(Brief Article)
July 28, 2000... COMMERCIAL $3.8 million Address: 5448 - 5454 E. Washington St., Phoenix Buyer: EJM Development, Scottsdale Seller: Transwestern Investment Co., Chicago Buyer's agents: Joseph Porter III, Patrick Feeney Jr. and Daniel...

Bohannan to run Albuquerque office for CMX.(R.P. Bohannan)(Brief Article)
July 28, 2000... The "x" in CMX Group could stand for expansion. For the fourth time in the past two years, the planning, civil engineering, surveying, construction management and sports consultation company has either expanded its Phoenix office or...

Builders, designers team to create custom features.(Brief Article)
July 28, 2000... Some builders are joining forces with interior design firms to meet an increasing homebuyer demand for custom features and design touches as varied as the buyers' interests and lifestyles. "The market has forced a change in...

Class A space no longer exclusive to high rises.(Phoenix area office buildings)(Brief Article)
July 28, 2000... Figuring out the ABCs of Valley office buildings is not quite as simple as it sounds. Phoenix high-rises traditionally have held exclusive title to Class A office space in the Valley. Today though, what is considered Class A depends on...

Construction jobs harder to fill despite interest hike.(Brief Article)
July 28, 2000... A tight labor force continues to plague the construction industry, despite the increase in interest rates. "Both nationally and locally there is a very tight labor market historically. It's a good time to be looking for jobs," said Don...

A woman among men.(Sandy Werthman of Kitchell Contractors)(Brief Article)
July 28, 2000... Name: Sandy Werthman Title: Vice president of marketing, Kitchell Contractors Address: 1707 E. Highland Ave., Suite 200, Phoenix Phone: 602-222-5300 Web site: www.kitchell.com For 25 years, Sandy Werthman has made a...

Ultimate Information.(Arizona home search web site)(Brief Article)
July 28, 2000... www.uis.net The Arizona New Home Search by Ultimate Information Systems allows users to browse new homes with approximately 3,500 searchable home plans in the Valley and outlying areas. Single-family homes, patio homes, townhouses,...

Arizona Life.(home development and contractor web site)(Brief Article)
July 28, 2000... www.azlife.net/Arizona/AZ-New-Homes. htm #METRO PHOENIX New home developments and contractors in Arizona.

Pi[tilde{n}]on Oaks.(site prices)(Brief Article)
July 28, 2000... www.pinonoaks.com A new subdivision in Prescott for families. Luxurious half- to three-quarter-acre estate home sites are priced from $43,500 to $59,900.

Sandalwood.(Countrywalk Homes housing development)(Brief Article)
July 28, 2000... www.countrywalk.com/sandwood.htm New subdivision by Countrywalk Homes. The single-family residential community is in Casa Grande. Choose from four different floor plans with prices starting in the $70,000s.

Sunset Trails II.(Sequoia housing development)(Brief Article)
July 28, 2000... www.sequoia-homes.com/subdiv/sunset trails2/ New development by Sequoia Homes at Runion Drive, southwest of 41st Avenue and Mohawk Lane, Phoenix. Five floor plans to choose from. Prices start in the mid-$140,000s.

Monterosa.(Phoenix housing development)(Brief Article)
July 28, 2000... www.sequoia-homes.com/subdiv/monte rosa/ Another new-home project by Sequoia at 41st Lane and Beardsley Road, Phoenix, featuring five floor plans with a choice of three or four bedrooms. Prices start in the low-$130,000s.