Denver Business Journal articles from August 2001

Denver Business Journal archives from August 2001

Price tag for nonprofits: $1.3B.(Denver, Colorado)
August 3, 2001... Survey: That what it would take for projects under consideration or under way Denver charities and nonprofit groups need more than $1.3 billion for 79 separate capital fund-raising campaigns now under way, planned or under consideration in...

Colo. goes over par with golf courses.(Colorado)(Statistical Data Included)
August 3, 2001... Colorado is stuck in something of a sand trap when it comes to golf courses. A decade ago, the state didn't have enough courses to accommodate demand by golfers, but now, like the rest of the country, it has too many. One of the main...

PUC left in charge of struggle.(Colorado Public Utilities Commission, power transmission line controversy)(Brief Article)
August 3, 2001... New law about to get tested in battle over Douglas County line A fight over a proposed electricity transmission line in Douglas County could be the first case thrown into the lap of the Colorado Public Utilities Commission under a new law...

PUC left in charge of struggle.(Colorado Public Utilities Commission in power line dispute)(Brief Article)
August 3, 2001... Fight gets tempers flaring Tempers rise quickly when it comes to routing power lines, as displayed in letters sent to various parties regarding IREA's proposed power line in Douglas County. In a letter dated May 15, Parker's Mayor Pro...

Plant generates interest from utilities.(coal-fired power plant in Colorado)(Brief Article)
August 3, 2001... Demand reflects growth, need for power Interest by utilities in a proposed coal-fired power plant in southeastern Colorado is so high the plant would have to be nearly twice as big as proposed to satisfy all the requests for power,...

Maybe they should call it the Advil Bowl.(flag football game in Mile High Stadium)(Brief Article)
August 3, 2001... No wonder they didn't want to tear down Mile High Stadium until next year. There are still more ways to make money off it! On Sept. 15, the flag football game of the century will be played there -- the very last public event in the old home...

Cortez joins REIT, leaves own practice.(Miles Cortez joins Apartment Investment and Management Co.)(Brief Article)
August 3, 2001... Miles Cortez, one of Denver's most respected commercial litigators who served as president of the Denver and Colorado Bar Associations, is leaving private law practice to become executive vice president and general counsel of Apartment...

Breakfast of the future?(Chef America introduces Hot Pockets for Breakfast)(Brief Article)
August 3, 2001... Chef America introduces new snack product Move over Pop Tarts: An Englewood company is producing some serious competition in the portable-breakfast market. Chef America, the maker of the popular Hot Pockets brands of hand-held snack...

Expectations mixed for special session.(Colorado's approach to growth)(Brief Article)
August 3, 2001... As a second special legislative session to deal with growth management approaches next month, it seems increasingly unlikely that significant changes to how Colorado deals with growth are in the offing. But there's growing consensus among...

Immigrants lose jobs and visas.(Brief Article)
August 3, 2001... The technology market slump hit the work force hard with massive layoffs, but the hardest hit are foreign technology workers in the United States on visas that expired the moment they received a pink slip. Many of these workers came to the...

Qwest expands scope with new magazine.(Qwest Communications Inc.)(Brief Article)
August 3, 2001... Publication focuses on high technology Qwest Communications Inc. has entered the publishing realm by rolling out Qwest Lightspeed, the company's first foray into the magazine business. Released in early June, the national magazine...

Corrections and amplifications.(Brief Article)(Correction Notice)
August 3, 2001... In the July 27-Aug. 2 Real Estate Quarterly special section, four tables on page 20B, along with tables on pages 21B, 22B and 23B, are incorrectly labeled. The information is for the second quarter of 2001, not the first quarter. In the...

Feds get ready for release of data from 1930.(1930 Census information)(Brief Article)
August 3, 2001... Names, addresses from the census aid genealogists Sometimes that's because the law frowns on haste. And that's why the government is preparing to release the 1930 census, nearly three-quarters of a century after the information was...

ICC files for Chapter 11 bankruptcy protection.(Internet Commerce and Communications Inc.)(Brief Article)
August 3, 2001... One day after Internet Commerce and Communications Inc. filed for protection under Chapter 11 of the U.S. Bankruptcy Code, the Internet service provider's trading was stopped by the Nasdaq stock market on Aug. 1. Nasdaq says it will...

Universal Dental Arts sold.(to DTI Dental Technologies Inc.)(Brief Article)
August 3, 2001... Universal Dental Arts of Denver has been purchased by DTI Dental Technologies Inc. of Vancouver, Canada. Terms weren't disclosed. Universal Dental Arts has operated in Denver for the past seven years and was founded by Dennis McFerrin. DTI...

Energy firm changes hands.(Shenandoah Energy purchased by Market Resources)(Brief Article)
August 3, 2001... Denver-based Shenandoah Energy has been sold to Questar Corp.'s Market Resources subsidiary for $406 million in cash and assumed debt, Salt Lake City-based Questar officials said July 25. Shenandoah, an exploration, production, and drilling...

Apartments planned.(Highlands Gardens Village Apartments, Denver, CO)(Brief Article)(Statistical Data Included)
August 3, 2001... A 74-unit apartment project at 4717 W. 37th Ave. is planned at the site of the old Elitch Gardens amusement park. Construction is expected to be completed by July 2002 for the 61,100-square-foot Highlands Gardens Village Apartments....

Mechanics pick Teamsters.(Frontier Airlines Inc.'s mechanics join International Brotherhood of Teamsters)(Brief Article)
August 3, 2001... Mechanics at Denver-based Frontier Airlines voted to be represented by the International Brotherhood of Teamsters. There were 233 Frontier mechanics eligible to vote and 142 voted to unionize. Of those, 134 voted for the Teamsters.

Gasoline prices fall.(Brief Article)(Statistical Data Included)
August 3, 2001... The cost of filling up has dropped for the ninth week in a row, according to the U.S. Department of Energy. The national average is now $1.384 a gallon, down 1.1 cents from last week. In Denver, the price of gas fell 6.9 cents from last...

Colorado remains powerful.(state economy, ranked in top five)(Brief Article)
August 3, 2001... Colorado ranked as one of the five states with the strongest economies last month. That's according to Demographics Daily, an online economic publication of American City Business Journals, parent company of The Denver Business Journal. ...

Ambassador to keep job.(Shunji Yanai)(Brief Article)
August 3, 2001... The U.S. ambassador to Japan, Shunji Yanai, reportedly will keep his job. Kyodo News service is reporting that Yanai will remain in office despite his announced intention to resign his post. Yanai planned to resign in the wake of a scandal...

Hallmark buys Crown stake.(Hallmark Entertainment Inc. acquires Crown Media Holdings Inc.)(Brief Article)
August 3, 2001... An investor in Greenwood Village-based Crown Media Holdings Inc. has purchased the 8.2 percent stake held by another investor. Hallmark Entertainment Inc. paid $90 million for the 5.3 million shares of Crown's Class A common stock held by...

ITI closing Denver branch.(ITI Education Corp. closing schools)(Brief Article)
August 3, 2001... ITI Education Corp. will shutter its technology training schools in Denver and two other cities as the Canadian company retreats from the U.S. market. The other schools to be closed are in Portland, Ore., and Bellevue, Wash. The...

Homes are $94,775 apart.(Denver and Colorado Springs, Colorado)(Brief Article)
August 3, 2001... A new study reveals there's a $94,775 price difference between the average home in Denver and in Colorado Springs. The study is by Coldwell Banker Real Estate Corp., which found that nationally there's a $1.1 million price difference...

More uninsured work for small businesses.(Brief Article)
August 3, 2001... Employees working for the smallest businesses are the most likely to lack health insurance, according to a recently released report by a Colorado nonprofit group. Most uninsured workers are employed by companies with fewer than 100...

Colo. cosmetics company actively courting capital.(NaturElle Cosmetics Corp.)(Brief Article)
August 3, 2001... NaturElle Cosmetics Corp. isn't blushing. The 10-year-old company that produces a line of naturally made cosmetics and body care products is looking for a one-time investor to help fund a new marketing strategy. CEO and co-founder...

IT consulting firm booms during tech bust.(KLA Group )(Brief Article)
August 3, 2001... In a time when most companies focused on the high-tech industry are cutting corners and tightening their belts, The KLA Group is expanding in just about every way possible. However, the ten-member Littleton-based IT consulting firm would...

Banks say not all checks are equal.(Brief Article)
August 3, 2001... For the check writer with an adventurous spirit, a New Hampshire company offers a set of checks titled "Body Smells" -- and featuring four cartoony drawings of people passing gas and suffering from bad breath, armpit odor and smelly feet. These...

Short change ...(Boulder Technology Incubator changes its name)(Brief Article)
August 3, 2001... The Boulder Technology Incubator in the Colorado city of the same name has changed its name to the Colorado Technology Incubator to show its "significant expansion of mission and scope" The Office of the Comptroller of the Currency, or OCC,...

MARKETWATCH.(Colorado stocks)(Brief Article)(Illustration)(Statistical Data Included)
August 3, 2001... ABOUT OUR STOCK TABLES Each week, The Denver Business Journal ranks the performance of all publicly traded companies in Colorado that have a market capitalization equal to or greater than $10 million. All data is provided by Green Manning...

MUTUAL FUNDS.(Colorado)(Brief Article)(Illustration)(Statistical Data Included)
August 3, 2001... MUTUAL FUNDS Our exclusive weekly report ranks some of Colorado's top-performing mutual funds by year-to-date total percent return. For the seven-day period ended July 31, 2001. Colorado Sector Funds ...

Taxidermy alive and well in Louisville.(Jonas Brothers Taxidermy Studio receives award)(Brief Article)
August 3, 2001... Taxidermy has advanced way beyond the classic deer head staring straight ahead with the same blank expression he had when he was shot. More complex "action mounts" are currently popular. Instead of blankly staring, deer struggle in...

Ball Corp. loses $162M.(second quarter 2001 statistics)(Brief Article)(Statistical Data Included)
August 3, 2001... Broomfield-based Ball Corp. lost $162.1 million in the second quarter of 2001, compared with a $16 million loss for the same quarter last year. Ball officials attributed the loss to a $195 million charge for restructuring its. China...

Adolph Coors.(net income fell 5.5% second quarter of 2000)(Brief Article)
August 3, 2001... It wasn't a good quarter for the beer industry in general and Golden's Adolph Coors Co. in particular. Coors reported that although sales rose to $692 million in the latest quarter from $669 million for the same period last year, net...

Navigant International.(Navigant International Inc.'s net income dropped)(Brief Article)
August 3, 2001... Citing a downturn in the economy and a reduction in business travel, Denver-based Navigant International Inc.'s net income dropped from $5.5 million In the second quarter of last year to $4.7 million for the latest quarter. Revenue rose to...

Intrado.(reported net loss of $2.5 million for latest quarter)(Brief Article)
August 3, 2001... Intrado Inc., which used to be known as SCC Communications Corp., reported a net loss of $2.5 million on revenue of $18.3 million for the latest quarter. That compares with a net loss of $1.7 million on revenue of $10.2 million for the same...

CSG Systems.(CSG Systems International Inc. posted record revenue)(Brief Article)
August 3, 2001... Denver-based CSG Systems International Inc. posted a record $120.1 million in revenue for the second quarter. That's an increase of 25 percent from a year earlier for CSG, which handles billing services for other companies. Net income,...

Patina Oil & Gas.(saw net income climb by 70%)(Brief Article)
August 3, 2001... Denver-based Patina Oil & Gas Corp. saw its net income climb by 70 percent from the second quarter of last year. The independent oil and gas company closed the second quarter with net income of $18.1 million. Revenue, meanwhile, rose 72...

Mail-Well.(Mail-Well Inc. lost $92.5 million in latest quarter)(Brief Article)
August 3, 2001... Englewood-based envelope maker. Mail-Well Inc. lost $92.5 million in the latest quarter. That compares with net income of $11.2 million for the same time last year. Net sales declined to $418 million this year compared with $442...

Ciber.(second quarter statistics)(Brief Article)(Statistical Data Included)
August 3, 2001... Ciber Inc. reported less revenue and income in the second quarter of 2001 compared with the same time period last year. Total revenue for the latest quarter was $140 million and net income was $375,000. That compares with total revenue of...

DBJ looking for your input.
August 3, 2001... The Denver Business Journal is seeking nominations for its annual "Outstanding Women in Business" an "40 Under 40" sections. The deadline to submit an "Outstanding Women in Business" nominee is Aug. 29; nomination forms can be found on the...

Why buy new when used will do?(U.S.Medical Products Inc. lost $6.4 million)(Brief Article)
August 3, 2001... US. Medical finds niche, sells pre-owned equipment You've injured your knee and now you're getting an MRI at the hospital. Do you know where that machine has been? Should you care? Perhaps you've never thought about used equipment...

Cancer docs band together; patients benefit.(US Oncology Inc.)(Brief Article)
August 3, 2001... Unlike some doctors, oncologist Nicholas DiBella didn't have to take out a million-dollar loan to build a free-standing medical center. But he gets to practice in one. State-of-the-art technology isn't hard to come by, and DiBella is...

Medical care, real estate fields can work together.(Brief Article)
August 3, 2001... Many Front Range communities are growing so much that the population growth is straining their health-care systems. Physician practices are scrambling to see patients for exams, and surgeries and emergency room wait times are climbing. Some...

Dentists fill demands for teeth whitening.(Brief Article)
August 3, 2001... The job of a dentist isn't just about filling cavities and performing root canals these days. Giving patients attractive smiles is a burgeoning business. There is a new rage in elective procedures. As the laser vision correction...

Sluggish despite sleep? Look for warning signs.(Brief Article)
August 3, 2001... A few years ago, investment broker Susan Speir wasn't sleeping well. Exhausted all the time, Speir, then in her mid-40s, first attributed it to working too hard. But it soon became obvious that the condition was much more serious. She...

With shortage, pharmacists write own prescription.(Brief Article)(Statistical Data Included)
August 3, 2001... Shaquille O'Neals with pharmacology degrees. With lucrative salaries and bonus offers from around the country, pharmacists are being courted like they were the star center of the Los Angeles Lakers championship basketball team. Trained...

E-commerce could save health-care industry billions.(Brief Article)
August 3, 2001... The health-care industry could stand to save up to $6 billion -- up to a 10 percent total benefit -- by taking advantage of e-commerce along the supply chain, according to a recently released study by Andersen. The study looks at the impact...

Mapping technology hooks anglers.(Brief Article)
August 3, 2001... Gone are the days of spending quiet summer mornings next to a fishing hole with just a pole and tackle box waiting for a bite. Anglers who want to catch "the big one" can now get detailed maps of lakes and rivers off the Internet or...

Board game aims to bridge generation gap.(Connecting Generations)(Brief Article)
August 3, 2001... The saying goes: "The family that plays together stays together." Two Denver-area consultants hope a new board game that promotes understanding between employees of different age groups will prove the adage true in the workplace as well....

Shop owner makes mark with stencils.(Brief Article)
August 3, 2001... The Stencil Shoppe may be the only store in the Rocky Mountain region that specializes in stencils, but owner Michele Scrivner says it has nothing to do with lack of interest. Stencils -- thin overlays of clear plastic that can be painted...

Work-at-home parents help each other cope.(through Work-at-Home Parent Connection group)(Brief Article)
August 3, 2001... No matter what business you're in, working from home can be a lonely proposition. Solo professionals often find that being autonomous results in becoming isolated. Independence may seem more like solitary confinement to someone who craves the...

Largest Denver-Area Home Health Care Agencies.(ranked by number of visits in 2001)(Directory)(Illustration)(Statistical Data Included)
August 3, 2001... Largest Denver-Area Home Health Care Agencies (Ranked by number of patient visits) Rank/ Last No. of year's Business name, address Phone/ visits in rank Web...

Life insurance plan fails IRS challenge.(Winn-Dixie Stores Inc.'s corporate-owned life insurance)(Brief Article)
August 3, 2001... Winn-Dixie case is a lesson for others Last month the 11th Circuit Court of Appeals upheld the tax court's judgment that concluded that Winn-Dixie Stores Inc. was not entitled to deduct interest and fees incurred in borrowing against...

The best PR can't fix bad business decisions.(public relations counselors)(Brief Article)
August 3, 2001... It's no wonder public relations has a bit of a PR problem. Often called in to help companies and organizations manage brewing crisis situations, public relations counselors are like diners sitting down to a meal they haven't ordered. They...

Get all the 'fax' before buying the machine.(Brief Article)(Statistical Data Included)
August 3, 2001... While all fax machines may seem the same, the difference between a good purchase and a great purchase is in the details. Here's a rundown on the features to look for beyond price. Not all faxes are equally user-friendly. Find one that is....

Small biz fair to focus on financial resources.
August 3, 2001... SBA event set for Aug. 23 at Denver library The U.S. Small Business Administration will hold its Small Business Resource Fair 2001 on Thursday, Aug. 23, from 10 a.m. at the Until 2 p.m. at the Denver Public Library. The fair, which is free...

BMA Golf Bash is back.
August 3, 2001... The Business Marketing Association will host its summer Golf Bash on Monday, Aug. 20, at Red Rocks Country Club, 16235 W. Belleview Ave., in Morrison. Registration begins at noon with a 1:15 p.m. shotgun start. Entry fee is $95 for BMA...

Marketing class planned.
August 3, 2001... The Rocky Mountain Direct Marketing Association and Regis. University's Center for Executive Leadership and Management Excellence are once again offering "The Principles of Direct Marketing," a 10-week program beginning Sept. 19. The class...

Awards.(Awards to members of Colorado business communities.)(Brief Article)
August 3, 2001... Phillip J. Ruschmeyer Jr. of the Frederick Ross Co. was recognized by the Denver Metro Commercial Association of Realtors as its "Salesman of the Year." Nathan R. Johnson III and Ruschmeyer also received the honors for "Deal of the Year." ...

American Heritage Life Insurance Co.(and subsidiaries change name to Allstate Financial Workplace Division)(Brief Article)
August 3, 2001... American Heritage Life Insurance Co. and its subsidiaries are now being referred to as the Allstate Financial Workplace Division, part of the Allstate Financial network. The legal name of the underwriting company, American Heritage Life...

On the move.(McGladrey & Pullen LLP moves Denver offices)(Brief Article)
August 3, 2001... McGladrey & Pullen LLP moved its offices to 7555 E. Hampden Ave., Suite 510, Denver. Its new phone number is 720-747-8620. Debbi C. Warden relocated her company, The Business Manager, from Larkspur to Littleton. The company was founded in...

Interest groups watch, advise new SBA chief.(Hector V. Barreto Jr.; Small Business Administration)
August 3, 2001... Hector V. Barreto Jr. was sworn in July 27 as head of the U.S. Small Business Administration after being confirmed unanimously by the Senate. Barreto, who previously owned a financial services business in Los Angeles, avoided controversy...

Workers: Bush favors biz.(Brief Article)(Statistical Data Included)
August 3, 2001... A survey of American workers commissioned by the AFL-CIO found that 49 percent think the Bush administration cares more about protecting the rights of businesses than it cares about protecting the rights of workers. Around 35 percent felt...

GOP wants to keep tax cuts.(Brief Article)
August 3, 2001... House Republican leaders are promising to push legislation to make this year's $1.35 trillion tax cut permanent. Because of what Rep. Christopher Cox, R-Calif., calls "Alice in Wonderland Senate rules," the tax cuts in the legislation will...

TVA best, NASA worst.(Tennessee Valley Authority; government contracts)(Brief Article)
August 3, 2001... The Tennessee Valley Authority may be the best place to go for companies that want to enter the government contracting market. An analysis by Eagle Eye Publishers found that TVA awarded 30 percent of its $4.3.billion in prime contracts in...

NEWSMAKERS.(includes information on various executive appointment)
August 3, 2001... Accounting Gelfond Hochstadt Pangburn PC promoted Angela K. Kennedy to senior manager and hired Della J. Bauserman as manager, Mitchell Robinaugh as senior associate and Chad Wilson as audit associate. Kennedy has been a member of the...

'Thirteen Days' depicts crisis like never before.(Brief Article)
August 3, 2001... Docudrama could have done without Kevin Costner The villain of "Thirteen Days," Roger Donaldson's 2000 docudrama about the Cuban Missile Crisis, is not the Soviet leader, Nikita Khrushchev, but Curtis LeMay, the Air Force representative on...

2002 Explorer: Better ride, different tires.(2002 Ford Explorer sport utility vehicle has some improvements)(Brief Article)(Product Announcement)
August 3, 2001... Picture if you will, a meeting of designers charged with, restyling the hugely popular Ford Explorer, which has sold 3.6 million units since its introduction 10 years ago. One of the things that probably wasn't mentioned was the phrase, "Let's...

'Monologues' isn't just for women.("The Vagina Monologues" by Eve Ensler)(Brief Article)
August 3, 2001... Even before the came up on "The Vagina Monologues" at the Stage Theatre, I kept wondering why a man would be in the audience. True enough, not many men were present for the opening, but there was a scattering of Y chromosomes throughout the...

Denver's power supply ranks as 'low risk'.(Energy Report: National Outlook on Power: Supply Demand and Economic Risk)(Brief Article)(Statistical Data Included)
August 3, 2001... A recent study of a dozen major cities across the U.S. ranks Denver as "low-risk" when it comes to power supply. The study, "National Outlook on Power: Supply Demand and Economic Risk" conducted by national commercial real estate firm...

Turning off the lights won't stop the growth.(California, Colorado economic development and energy)(Brief Article)
August 3, 2001... Not long ago, a group of California economic development officials decided they needed to do something about their state's abysmal national image following the highly publicized mishandling of energy issues in the Golden State. Their...

Spotting signs of trouble.(Brief Article)
August 3, 2001... More bad economic news seeping out from the nation's boardrooms. Despite the best efforts of PR consultants and spin doctors to keep a lid on it, signs point to deepening financial problems at some top-rated companies. It's not about...

LETTERS.(Brief Article)(Letter to the Editor)
August 3, 2001... What to do with those refunds By now, American taxpayers have begun receiving their federal government tax relief checks, ranging from $300 to $600. We are fortunate to have had such a strong economy for so many years that allows this to...

What's going on at Radio Shack?(use of Marvin Gaye song in advertising)(Brief Article)
August 3, 2001... I was raised to distrust people of color. In the ignorance of my home, different races and ethnic backgrounds were cause for suspicion, not celebration. Marvin Gaye opened my eyes to the foolishness of my upbringing. The first time I...

Teaching dot-commers a thing or two.(Brief Article)
August 3, 2001... A year ago, we were all going to be rich. Those were the days. Any doofus with a liberal arts degree d the ability to say "a leading provider of online solutions" without cracking up could get a six-figure salary and options with a dot-coin....

Power drain hits Douglas County.(Intermountain Rural Electric Association)(Brief Article)
August 10, 2001... Utility issues moratorium that could curb development for months A moratorium on new requests for power by the Intermountain Rural Electric Association could bring new development in northeast Douglas County to a screeching halt. ...

Cheese hike takes a bite from eateries.(Thornton's Pizza Time)(Brief Article)
August 10, 2001... Consumers feel pinch as price passed along Any way you slice it, cheese prices are on the rise. And nobody knows that better than Thornton's Pizza Time. The nearly 7-year-old carry-out and delivery pizzeria has steadily raised its...

Matsunaka pushes transportation vote.(Senate President Stan Matsunaka)(Brief Article)
August 10, 2001... September's special session could turn into the battle of the ballot issue if Senate President Stan Matsunaka pursues a plan to seek voter approval next year for funding transportation improvements. Matsunaka, D-Loveland, said this week...

Xcel expects to seek cut in gas prices.(Xcel Energy)(Brief Article)
August 10, 2001... Xcel Energy Inc. is "cautiously optimistic" the utility will notify state regulators next month of its intent to lower the natural gas prices it charges consumers, according to a spokesman. "There are caveats with that," warned Xcel...

Will Post's play spell end of name?(Denver Post)(Brief Article)
August 10, 2001... What's in a name, anyway? Executives at The Denver Post stunned everyone when they announced last week the newspaper would refrain from referring to Invesco Funds Group in relation to the new home of the Broncos football club. In a story...

Water woes cost city.(Brief Article)
August 10, 2001... Problems at parks, money down drain The city of Denver may be wasting enough water to serve 1,617 families for a year -- at a cost of more than a half-million dollars a year. That's according to a survey of about 6 percent of Denver's...

Colo. hospitals violated federal law.(patient dumping)(Brief Article)
August 10, 2001... But association says 'dumping' violations aren't significant Nine Colorado hospitals have violated federal laws to prevent "patient dumping" but of the hospitals cited for violations since 1996, none have paid fines, according to a study...

Banks earn high marks under CRA.(Community Reinvestment Act of 1977)(Brief Article)
August 10, 2001... Most Colorado banks get high marks from the federal government for serving relatively poor customers and their communities by complying with the Community Reinvestment Act of 1977, and many local banking people think that means they've finally...