Denver Business Journal articles from September 2000, page 2

Denver Business Journal archives from September 2000

Corrections and Amplifications.
September 22, 2000... * The definition of loan-to-deposit ratio was incorrect in the Sept. 8-14 story about small banks. That ratio is gross loans divided by total deposits. * The percentage gain for Janus Fund was incorrectly reported in the Sept. 15-21 Week...

Gas rates to jump 40 percent in time for winter.(Public Service Company of Colorado)(Brief Article)(Statistical Data Included)
September 22, 2000... Natural gas rates will rise up to 40 percent this winter, if, as expected the Colorado Public Utilities Commission approves a request for a rate increase from Public Service Company of Colorado, part of Xcel Energy Inc. The gas and...

Longtime mentor dies.(Jean Yancey)(Brief Article)(Obituary)
September 22, 2000... Jean Yancey, a legendary mentor in Denver who inspired thousands of entrepreneurial women, died Friday, Sept. 15, of heart failure. A ceremony in her honor will be held at the Jean Yancey Bench at Cherry Creek State Park from 4-7 p.m....

Denver to be first in China.(City of Denver's trade office in Shanghai)(Brief Article)
September 22, 2000... The City of Denver is poised to be one of the first U.S. cities to open a trade office in. Shanghai following the U.S. Senate's overwhelming 83-15 vote to remove U.S. trade restrictions with China. Mayor Wellington Webb said the city...

Radio station will be sold.(KALC-FM)(Brief Article)(Statistical Data Included)
September 22, 2000... A Denver radio station is trading hands for $98.8 million in cash. KALC-FM, better known as "Alice," will be sold to Salem Communications Corp., a California company that specializes in Christian-oriented media. The station is currently...

Cattleman's association beefs up marketing.(National Cattlemen's Beef Association)(Brief Article)
September 22, 2000... Ever wonder just what to throw on the ol'barbie? Ever wonder if that chunk of beef in your hand will make decent fajitas, or needs to be marinated for six hours before feeling the heat? Denver-based National Cattlemen's Beef...

New dot-com designed to fill gap in shipping.(Web Ship Inc.'s webshipinc.com)(Brief Article)
September 22, 2000... Brian Tsuchiya thinks he's found the perfect, one-stop shipping solution for millions of Internet sellers and auctioneers. Now all he has to do is see it become reality. Web Ship Inc.'s business plan has its roots in the everyday...

Don't hurry to write obituary for unions.(labor unions may increase due to tight labor market)(Brief Article)
September 22, 2000... Are labor unions dead? Maybe not. With a strong economy and tight job market, unions aren't really on the minds of most employers. But if this summer is any indication, it may be a fertile time for unions to grow. Unions showed that...

Head transplants, robot does in hospitals' future?(Joe Flower comments on future technology in healthcare industry)(Brief Article)
September 22, 2000... Mother Teresa is in the room, and I want to speak to her....Those are the words of consultant Joe Flower, who addressed members of the Colorado Health and Hospital Association earlier this month in Vail. The goal of his speech, "The End...

Home burns, builder learns a costly lesson.(Hickory Homes)(Brief Article)
September 22, 2000... Thankfully, most of us haven't learned life's tough lessons to the tune of $1.5 million. But Bob Miller, president of Hickory Homes did after the home he was building for the 2000 Parade of Homes burned down less than two weeks before the...

Women of Influence feted.
September 22, 2000... The Denver chapter of Commercial Real Estate Women (CREW) held its annual awards luncheon on Tuesday, Sept. 19. The group awarded this year's Teams of Women of Influence award to Lowry Business Park and Town Center. The award criteria...

Carville shares views on politics, economics.(James Carville, Democratic party political strategist, commentator)(Brief Article)(Interview)
September 22, 2000... Democratic party political strategist and commentator James Carville comes to Denver Sept. 26 as keynote speaker of the annual Rape Assistance and Awareness luncheon. He'll be joined by his wife, Mary Matalin, who does identical work as a...

Niche hotels not worried about competitor.(new hotel to open near Convention Center)(Brief Article)
September 22, 2000... Convention Center hotel expected to boost business throughout downtown Checking in on the downtown Denver niche hotel scene finds that there's always room at the inn for business travelers. With a 1,000-plus room hotel scheduled to...

RiverReach helps youth find their way.(River-Reach Youth Initiative)(Brief Article)
September 22, 2000... Program offers outdoor trips; trains, employs South Platte river guides Attorney Jim Pearson is somewhat of an entrepreneur, and not unlike other Denver lawyers, he has an affinity for the outdoors. Put the two together and you have...

Denver Water rate hike part of 10-year plan.(Brief Article)
September 22, 2000... Water rates will jump about 3.2 percent a year as of Jan. 1. The increase, approved by the Denver Water Board on Sept. 19, is the latest in a 10-year plan to gradually increase water rates to pay for new equipment and upgrades to existing...

Kaiser, union use new approach in writing contract.(Kaiser Foundation Health Plan Inc.)(Brief Article)
September 22, 2000... Kaiser Permanente broke new ground recently with its contract with licensed practical nurses, medical assistants and clerical staff in Colorado. Not only was the five-year agreement negotiated on a national scale with a new bargaining...

Hospitals not up to speed with the Internet.(Brief Article)
September 22, 2000... Denver hospitals have not entered the electronic age, but they are starting to stick their toes in. "There is a huge gap between what people want to do and what they can do today," said Jim McCoy, with Arthur Andersen LLP. "They are all...

Scouting out the best small towns in America.(Morgantown, W. Va. wins first place)(Brief Article)(Statistical Data Included)
September 22, 2000... Morgantown, W.Va., is the best small city in America, according to a new study by Demographics Daily. The study designated 141 places as "dreamtowns," defined as cities with populations of 10,000 to 50,000 that offer an outstanding...

Clock running out for sports gambling bill.(Brief Article)
September 22, 2000... The odds are against legislation to ban gambling on college sports, despite the House Judiciary Committee's 19-9 approval of the bill Sept 13. Supporters said they could win a vote in the full House, but congressional leaders are not...

Produce growers squeezed by 'slotting' fees.(Brief Article)
September 22, 2000... As a result of supermarket industry consolidation, produce growers say they now must pay the same kinds of fees that dry goods manufacturers have paid for years to get their products on store shelves. In the past, retailers have defended...

Friends or foes of small biz?(House Small Business Committee)(Brief Article)
September 22, 2000... House Small Business Committee members accept union donations Editor's note: This the second in a two-part series about small business's growing role in national politics. Whose committee is this anyway? The House Small Business...

Business PACs learning from labor.(Political Action Committees)(Brief Article)
September 22, 2000... Business groups hope to match their campaign contributions this year with grassroots efforts to get business owners and their customers, vendors, friends and employees to vote. "There are a surprising number of business executives who do...

Instant startup staffing.(startup operations need people)(Brief Article)
September 22, 2000... IT outsourcing firms provide human capital The first thing Michael Beaudoin did when he launched ServiceMagic.com, a consumer and home-service professional startup, was to operate from seed money while securing venture capital -- not...

Small-business issues key in District 6 race.(candidates Tom Tancredo, Ken Toltz)(Brief Article)
September 22, 2000... Overlapping the traditionally conservative parts of Arapahoe and Jefferson Counties, the 6th Congressional District is an unlikely battleground for small-business issues. The race pits incumbent Republican Tom Tancredo against Democratic...

The Colorado Airport Operators Association.(honors David C. Gordon)(Brief Article)
September 22, 2000... The Colorado Airport Operators Association awarded David C. Gordon its first-ever President's Award. Gordon is a founding director of the CAOA. He was elected the association's president three times. Gordon was instrumental in drafting...

Theresa Szczurek.(honored by Colorado Federation of Business and Professional Women)(Brief Article)
September 22, 2000... Theresa Szczurek, president and CEO of Technology and Management Solutions, received the Visionary Award from the Colorado Federation of Business and Professional Women for helping the foundation establish a $300,000 endowment to help women...

Schenkein.(Colorado agency wins Public Relations Society of America state chapter award)(Brief Article)
September 22, 2000... Schenkein, a Denver-based public relations and marketing firm, received 17 awards, including the Grand Gold Pick award, from the Colorado chapter of the Public Relations Society of America. The Grand Gold Pick, the organization's highest...

Colorado Bar Association.(awards at 102nd annual convention)(Brief Article)
September 22, 2000... Six members of the legal community were honored by the Colorado Bar Association at this month's 102nd annual convention held in Keystone. The CBA's highest honor, the Award of Merit, went to Bill McClearn of Holland & Hart for his leadership...

Carl Thompson Associates.
September 22, 2000... Carl Thompson Associates was presented the 2000 American Graphic Design Award for Excellence in Communication and Graphic Design. The award was given for the company's work on the 1999 Carrier Access Corp. Annual Report. The contest was...

Create a workplace that fosters loyalty.
September 22, 2000... All companies thrive on the successes of productive "grunts" and "shining stars." As unemployment decreases, the pressure to find and retain those necessary people will drive compensation and benefits upward. There are many ways to...

Turn what you love into your livelihood.(James Chan)(Brief Article)(Column)
September 22, 2000... I wish everyone who reads this column could have the chance to speak with James Chan, Ph.D., author of the book, "Spare Room Tycoon, Succeeding Independently: The 70 Lessons of Sane Self-Employment." He could brighten the darkest day....

Copyright law protects parodies but not profits.(Brief Article)
September 22, 2000... Are those photocopies in the office illegal? Under federal copyright law, it is legal to copy someone else's material if the copying is done for the purpose of "fair use." Just what constitutes fair use can be a complicated question, but...

Online printers leave a lasting impression.(online commercial printing services)(Brief Article)
September 22, 2000... Have you ever chosen the more expensive bid for a print job simply because it was convenient to hire your current printer? You can cope with evaluating bids when it comes to complex four-color brochures -- the right deal there could save you...

CAP's annual black-tie event set for Oct. 7.
September 22, 2000... The seventh annual Leadership Recognition Dinner, which raises funds for the Colorado AIDS Project, is planned for Saturday, Oct. 7, at the Hyatt Regency Denver. This year's honorees include Randy Barbour, who will be honored...

Chamber honors volunteers.(Boulder Chamber of Commerce awards business women)(Brief Article)
September 22, 2000... Four women were recognized by the Boulder Chamber of Commerce at an awards luncheon Thursday, Sept. 21, as outstanding community volunteers. Selected by the chamber's Business Women's Leadership Group, the Year 2000 Women Who Light Up the...

Safeguard art show planned.
September 22, 2000... Project Safeguard will hold its 20th anniversary celebration "Lasting Images: Creating Social Change through Cultural Action" at the Denver Design Center, 595 S. Broadway, from 5:45-8:30 p.m. Oct. 4. The event will raise funds for the...

Energize your business with revolutionary ideas.(Guy Kawaski)(Brief Article)(Interview)
September 22, 2000... I found myself re-reading Guy Kawaski's "Rules for Revolutionaries." For the remainder of the week, I wound up repeating odd phases like "Churn, baby, churn" in staff meetings. These expressions -- or "Guyisms," as I call them--are lifted...

Create Like a God.
September 22, 2000... Get your product quickly to market by focusing on getting it out the door first, fixing the flaws later. * Cogita Differenter (Think Different). Revolutionaries jump to the next curve, or create the next one. Dispose of old prejudices,...

Command Like a King.
September 22, 2000... Overcome barriers to accepting your revolutionary new product. * Be Prepared to Break Down the Barriers. Know you will need to overcome ignorance, inertia, distribution challenges, pricing challenges and other barriers. Create a backup...

Work Like a Slave.
September 22, 2000... Under-promise and over-deliver to customers. * Think Digital, Act Analog. At the end of the day, the power of databases and digital power is to support and cultivate a very analog relationship with customers. Never let your customers...

NEWS MAKERS.
September 22, 2000... Accounting Levine Hughes & Mithuen Inc. hired four accountants for its tax and audit departments. Russell Schwer, who recently moved to Denver from Pensacola, Fla. was named an audit senior. Also hired were recent college graduates...

Emotion real leader of 'Parade'.
September 22, 2000... Denver musical theater-goers may feel like they're being invaded by the Confederates this year. On the heels of last June's road show production of "The Civil War," the Buell Theatre is host to another dark tale from Georgia. Like its...

Thieves target laptops.(in San Diego, California)(Brief Article)
September 22, 2000... From the beach to the zoo, San Diego has it all Business people not only have to watch their wallets when traveling but their laptops. Light, portable and expensive, laptops have increasingly risen to the top of thieves' wish lists. ...

Infiniti Q45 passes the decade mark in style.
September 22, 2000... Has it Deen 10 years already since the infamous "rocks and trees" commercials introduced the Infiniti Q45? You remember those commercials: Instead of showing an actual car, the luxury car maker decided to show soothing pictures of the...

Behind the music of the '70s.(film 'Almost Famous')
September 22, 2000... Almost Famous" marks the return of the talented Cameron Crowe, a filmmaker perhaps best known for penning the ubiquitous "Show me the money!" from 1996's "Jerry Maguire." Thankfully his new film leaves out the catch phrases du jour and...

Finding the bright side of higher energy costs.(Brief Article)
September 22, 2000... Readers of The Denver Business Journal have been hearing about it for months, and now, so is everyone else. The price of crude oil and natural gas is about to take a huge bite out of our wallets. Natural gas prices are headed skyward,...

A modest proposal.(Denver, Colorado, as city of rich people)(Brief Article)(Column)
September 22, 2000... Not long ago, our own Wellington Webb was quoted in these pages saying, "Denver can't be a city only for wealthy people." Hizzoner made the remark while resisting yet another high-priced loft project that would leave some lower-income people...

Amendment 24 should pass.(growth in Colorado)
September 22, 2000... The cost of Colorado's growing sprawl problem can be measured not only in traffic road rage and the disappearance of our favorite vistas, but in the bottom lines of Colorado businesses. In today's economy, employee recruitment and retention...

Amendment 24 should be defeated.(growth in Colorado)(Brief Article)
September 22, 2000... I have real concerns with the growth initiative that will be on the ballot this November. Because it is being promulgated as a constitutional amendment, it does not provide the citizens of this state with the tools they need to approach and...

Approving Powerball could mean 'lotto' money.(Colorado)(Brief Article)
September 22, 2000... Coloradans decide in November to join big-$$ lottery game Regardless of whether or not you think Colorado should become a Powerball state (the issue is up for a vote in November), you have to admit you can win lots of money with the right...

Know the right time to sell your business.(Brief Article)
September 22, 2000... Knowing when to say when is sometimes the hardest decision a business owner faces, especially when the company is successful. "In half the cases I deal with," said business broker Stephen Hoizer, "a business should have been sold five...

What is an ETF and why should I care?
September 22, 2000... Exchange traded funds, or ETFs, have been around for some time now. They are exchange-traded stock indexes that trade like a share of stock. Each share represents a portfolio of stocks designed to closely track one specific stock index. ...

Make gifts today to save on estate tax tomorrow.
September 22, 2000... To minimize estate tax and to transfer assets to persons and causes you care about, give some of your assets away. With the right strategic information, gift planning today will save estate tax tomorrow. Making tax-free gifts You may...

Save for a rainy day when the sun shines.
September 22, 2000... It's best to fix the roof when the sun is shining. Measure twice, cut once. Plan for the worst and you'll be pleasantly disappointed. These are not words from your mother. These are words from a banker. Planning for the financial burdens...

How to pass money on to the next generation.
September 22, 2000... The transfer of accumulated wealth to Baby Boomers from their parents is likely to be the largest between generations that will ever take place. How much? In 1981 Cornell University professors Robert Avery and Michael Rendall collected and...

Planning with non-qualified stock options.
September 22, 2000... Non-qualified stock options (NSOs) are popular employee benefits. Understanding the details and ramifications of receiving an NSO grant, and planning ahead for liquidity needs, disability or death issues, and income and estate taxes may...

Are you a candidate for online purchasing?
September 22, 2000... From cattle to construction, industries all over the world are discovering online purchasing. Businesses are hopping online in record numbers to purchase goods and services from trusted suppliers and online exchanges. And while large...

Tax advantages of investing in startup companies.
September 22, 2000... The recent wave of entrepreneurial ventures, whether hoping to capitalize on the Internet or the greater affluence of Americans, has created an increased need for venture capital. As with any startup venture, the risks and rewards are high....

What women should know about their money.
September 22, 2000... Women take notice! When it comes to investing, sex matters. As you plan for your future you need to understand that your investment needs are different from a man's and you need to know how to address these needs. Issues you need to consider...

Largest Denver-Area Credit Unions.
September 22, 2000... [TABLE HAS BEEN CLIPPED]

Largest Denver-Area Publicly Held Oil & Gas Companies.
September 22, 2000... [TABLE HAS BEEN CLIPPED]

DBJ STOCK REPORT.
September 22, 2000... [TABLE HAS BEEN CLIPPED]

DBJ FUNDWATCH.
September 22, 2000... [TABLE HAS BEEN CLIPPED]

Giving pays off for ex-U S West boss.(U S West Communications)(Sol Trujillo)(Brief Article)
September 15, 2000... U S West Communications, guided by its CEO, Sol Trujillo, gave more than $1 million in charitable contributions to organizations that in turn presented awards to Trujillo during the months prior to the merger of U S West and Qwest...

Looking for all of the lines.(utility lines under the Southeast Corridor project)(Brief Article)
September 15, 2000... After months of work and 600 holes in the ground, the Southeast Corridor team believes it has found almost every single telephone line, water line, cable line, electricity line, fiber-optic line or other utility line snaking underneath the...

TABOR price tag mounts.(Colorado's TABOR Amendment of 1992)(Brief Article)
September 15, 2000... Amendment's tab costs all thousands Colorado's TABOR Amendment of 1992 has cost individual taxpayers thousands of dollars, even as it has given them tax refunds. It has also created costs that are harder to calculate. A proposed...

Natural gas prices ramp up.(Brief Article)
September 15, 2000... Every day, Mike Langley pulls up the latest natural gas prices, searching for a price dip that will let him lock in a long-term supply contract before winter arrives. So far, he hasn't seen it. "The spot market is about twice what it...

Indian organizations join forces.(The Rocky Mountain Indian Chamber of Commerce and the Indian-owned Council of Energy Resource Tribes)(Brief Article)
September 15, 2000... The Rocky Mountain Indian Chamber of Commerce and the Indian-owned Council of Energy Resource Tribes are partnering to help energy companies do business on reservations. The Denver-based chamber serves Indian businesses in Colorado and...

It's not far from the office to the gutter.(Rockies Venture Club meeting)(Brief Article)
September 15, 2000... It was Rockies Venture Club night again Tuesday at the downtown Embassy Suites Hotel. The Venture Club, as everyone knows, is the place to be for aspiring startup companies, the lawyers and accountants who advise them and the people with...

Speaking of the jobless.(Qwest Communications International layoffs)(Brief Article)
September 15, 2000... Is there ever a good time to lose your job? Qwest Communications International boss Joe Nacchio thinks so. Spinning the planned layoff of some 3,000 middle managers and nonessential Colorado-based people at the former U S West, Nacchio...

Way to lend a hand!(Brief Article)
September 15, 2000... Congrats to White Fence Farm, Navigant International and Epicurean Catering for supporting the Adoption Exchange. With support from the U.S. Postal Service, the adoption exchange is creating a commemorative stamp honoring the three Denver...

Title expert educates homebuyers.(Brief Article)
September 15, 2000... Former paralegal reads the fine print for clients When Mike and Jill Kohl bought their first home they signed all the necessary paperwork without reading the fine print. When they recently purchased their second home, the homebuilder...

Gart announces loft conversion project.(Gart Properties)(Brief Article)
September 15, 2000... In its first metro-area condo conversion, Gart Properties snapped up one of the last warehouses in the Central Platte Valley and will covert it into for-sale lofts. Better known for its commercial and retail properties and best known for...

New imaging scanners debut at two hospitals.(University of Colorado Hospital has one and Porter Adventist Hospital purchase positron emission tomography scanners)(Brief Article)
September 15, 2000... University of Colorado Hospital has one and so does Porter Adventist Hospital. Exempla Healthcare doctors are crossing their fingers, and HealthOne is taking a wait-and-see approach. They are all keeping an eye on who has positron...

Montana Power reinvents itself as high-tech firm.(Brief Article)
September 15, 2000... Montana Power Co., the dominant power company in this Western state since 1912, surveyed the utility industry last year and decided it was time to get out. On March 28, the company (NYSE: MTP) announced it would sell off its oil and gas...

Justice staff recommends approval of JOA.(the Denver Post and the Denver Rocky Mountain News joint operating agreement)(Brief Article)
September 15, 2000... The staff of the U.S. Justice Department is recommending that Attorney General Janet Reno approve an application by The Denver Post and the Denver Rocky Mountain News to form a joint operating agreement. In a report delivered to Reno,...

Qwest to lay off 11,000.(Qwest Communications International Inc.)(Brief Article)
September 15, 2000... After months of alluding to layoffs, Qwest Communications International Inc. CEO Joseph Nacchio said the phone company will cut 11,000 jobs by the end of next year. Qwest also registered to sell its 1,597,000 shares of Global Crossing...

Verio merger completed.(NTT Communications Corp.)(Brief Article)(Statistical Data Included)
September 15, 2000... Englewood-based Verio Inc. has completed its merger with NTT Communications Corp., a Japanese company. NTT Communications is a subsidiary of Nippon Telegraph and Telephone Corp. Verio now becomes a wholly owned subsidiary of NTT...

Financing lined up.(Time Warner Telecom Inc. to purchase GST Telecommunications Inc.)(Brief Article)(Statistical Data Included)
September 15, 2000... Littleton-based Time Warner Telecom Inc. has lined up bankers willing to comit $1.2 billion to fund its purchase of GST Telecommunications Inc. The funds will come from The Chase Manhattan Bank, Morgan Stanley Dean Witter and Lehman...

Qdoba plans expansion.(Qdoba Mexican Grill)(Brief Article)
September 15, 2000... A Denver-based restaurant chain, Qdoba Mexican Grill, will open its first restaurant in New Jersey this December. The first restaurant will open in Hoboken, with two more slated to open elsewhere in Northern New Jersey. Qdoba sells...

Plan gets initial OK.(United Artists Theatre Co.bankruptcy)(Brief Article)
September 15, 2000... All of the "first day" motions sought by United Artists Theatre Co. in its Chapter 11 filing in U.S. Bankruptcy Court have been approved, which the company says will allow it to continue operating through the remainder of the court...

Levin donates $1OM.(Gerald M. Levin)(National Cable Television Center and Museum)(Brief Article)
September 15, 2000... Gerald M. Levin, chairman and chief executive officer of Time Warner Inc., donated $10 million to Denver's National Cable Television Center and Museum, it was announced today. The gift is named the Jonathan M. Levin Programming Leadership...

Hallwood makes buy.(Hallwood Energy Corp.)(Brief Article)
September 15, 2000... Hallwood Energy Corp., based in Denver, has purchased interests in 34 producing wells, five service wells and 69 inactive wells located in five fields in Texas and Louisiana. Total consideration was approximately $4 million in cash plus...

Hospital finds a partner.(Brief Article)
September 15, 2000... National Jewish Medical and Research Center, considered the top respiratory treatment center in the nation, has partnered with Gazoontite (www.gazoontite.com), a leading multi-channel retailer of allergy and asthma products. Through the...