Denver Business Journal articles from September 2001

Denver Business Journal archives from September 2001

Quark fights IRS over $3.24M.(Brief Article)
September 28, 2001... WASHINGTON -- Quark Holdings Inc. is taking aim at a new foe -- the Internal Revenue Service. The Denver-based company, the world leader in desktop publishing software, has shifted its sights from rival Adobe Systems Inc. after taking a...

New role for charters, small airports: Convenience could pay off.(chartering planes becoming more desired way to travel)
September 28, 2001... Chartering and buying corporate jets are expected to play a bigger part in Denver-area companies' travel plans. Many companies are avoiding business travel and commercial airlines especially since Sept. 11's terrorist attacks on New York...

New role for charters, small airports: Security now serious matter.(Brief Article)
September 28, 2001... Business-oriented general aviation airports in the Denver area have had little or no security because they thought it wasn't necessary. But they will after this month's terrorist attacks. Air charter companies have done no formal...

Limo companies feel the pinch at DIA.(Denver International Airport puts stringent safety and security measures in place due to World Trade Center and Pentagon attacks)(Brief Article)(Statistical Data Included)
September 28, 2001... Limousine companies in the Denver area have suffered since the Sept. 11 terrorist attacks. Limo services here, as well as in the rest of the country, have seen business plummet 75 percent to 85 percent. A quick survey by the National...

Critic: Colo. tough for telecom.(Brief Article)
September 28, 2001... Time Warner Telecom CEO Larissa Herda says the competitive environment of Colorado shifted after Republican Gov. Bill Owens took office in 1999 and now the state is one of the toughest in the United States to capture new customers. Six...

The math doesn't jibe.(Brief Article)
September 28, 2001... Now here's a charity event that will really do some good, but math majors, accountants and English teachers need not attend. Friday, Oct. 5, is the date for the Bartenders Martini Miracle Ball to benefit Denver's Children's Hospital...

Boomers busier than ever.(Brief Article)
September 28, 2001... Think those sniveling, whining baby boomers are lazy? Might have to rethink that view. In her book, "The Overworked American," author Juliet Schor reports that Americans work 164 more hours per year than workers 20 years ago. That's...

Budget-cutters look at land.(A company's second biggest expense tends to be real estate)(Brief Article)
September 28, 2001... Real estate gets close examination in tough times The biggest expense on a company's balance sheet is typically salaries, so it's not surprising that in this downturning economy many businesses have laid off employees. A company's...

Empty storefronts act as blight on 16th Street.(More tenants needed for downtown Denver buildings)(Brief Article)
September 28, 2001... With its strong emphasis on restaurants and entertainment offerings, the 16th Street Mall is annually named the city's top tourist destination by the Denver Metro Convention & Visitors Bureau. Since its unveiling in 1982, the nearly...

Nasdaq shift will help Colo. companies.(Nasdaq National Market may ease listing requirements)
September 28, 2001... Some Colorado companies close to having their trading rights curtailed are breathing a sigh of relief, now that the Nasdaq National Market is thinking about easing its listing requirements. Nasdaq's announcement, made on Sept. 25, comes...

Business pushes quality.(Colorado hospitals' safety standards)
September 28, 2001... Hospitals asked about care issues In an effort to reduce medical errors, Colorado employers are asking hospitals to report how they fare on three safety standards thought to improve patient care. So far the response has been...

Lawmakers consider statewide impact fees.(Meaningful legislation is expected in Colorado)(Brief Article)
September 28, 2001... Legislation could make developers pay for growth. For the first time in several years, lawmakers and lobbyists on all sides of the growth management debate expect some meaningful legislation to be passed during the special session that...

Staubach tenant rep firm moves to unique markets.(Education and Municipal Services division)(Brief Article)(Company Profile)
September 28, 2001... In 1997, executives at national tenant representation firm Staubach realized that schools and public entities didn't have many choices when it came to project managers for major development and redevelopment projects. In response. the company...

MatchLogic to close.(Excite@Home subsidiary closes down)(Brief Article)
September 28, 2001... Westminster-based Match-Logic, a subsidiary of Excite@Home, is being closed down and 200 people will lose their jobs. Five-year-old MatchLogic, which tracks Internet advertising usage, is expected to be completely shut down by the end of...

World Com eyes Rhythms.(Rhythms NetConnection Inc., World Com Inc. deal)(Brief Article)
September 28, 2001... World Com Inc. has bid $40 million to buy most of the assets of bankrupt Rhythms NetConnection Inc. of Englewood. Rhythms filed for bankruptcy protection last month and had wanted to shut down earlier this month, but was ordered to-stay...

Time Warner posts warning.(Broadband communications company reports third-quarter earnings)(Brief Article)(Statistical Data Included)
September 28, 2001... Citing poor economic conditions, Little-ton-based Time Warner Telecom Inc. (Nasdaq: TWTC) predicts its capital expenditures for 2001 will be approximately $500 million, or $50 million less than previously expected. The broadband...

Avalutus acquired.(Precision Response Corp. buys manufacturer of educational software)(Brief Article)
September 28, 2001... Avalutus Inc. of Denver has been acquired by Precision Response Corp. of Fort Lauderdale, Fla. Terms weren't disclosed. Avalutus is a manufacturer of educational software that recently moved its corporate headquarters to Denver. ...

Blue Cross will drop HMO.(Medicare HMO ends in Colorado)(Brief Article)
September 28, 2001... Anthem Blue Cross and Blue Shield will stop offering its Medicare HMO in Colorado at the end of the year, affecting 9,700 members in the Denver area. Anthem Inc. inherited the program when it bought Blue Cross Blue Shield of Colorado in...

Winter Park bidders culled.(Winter Park ski resort contract)(Brief Article)
September 28, 2001... A Colorado company and a Canadian one are the finalists to run and further develop the Denver-owned Winter Park ski resort in Grand County. The winner will own the resort temporarily, according to the city. No time frame for that...

HomeSphere buys BuildSoft.(e-commerce service for homebuilding industry)(Brief Article)
September 28, 2001... Denver-based HomeSphere acquired BuildSoft through a bankruptcy auction. A software system and accounting package for the building industry, BuildSoft was once considered a' cornerstone product of Durham, N.C.-based BuildNet, which filed...

Fischer gets FDA OK.(New mammography system)(Government Activity)(Brief Article)(Product Announcement)
September 28, 2001... Denver-based Fischer Imaging Corp. received final Food and Drug Administration approval to market its new mammography system. The SenoScan Full Field Digital Mammography System has 100 percent higher resolution and uses up to 60 percent...

Hotels' business declines.(Terrorist attacks' impact on Denver lodging market)(Brief Article)
September 28, 2001... The Denver lodging market saw its occupancy levels drop 60 percent to 70 percent from earlier projections for the week of Sept. 17, according to information released from Hospitality Real Estate Counselors Inc. The drop is accredited to...

Free-range meats make a comeback.(Denver's upscale restaurants feature free-range poultry, pork, lamb and veal)(Brief Article)
September 28, 2001... Free-range meats have always had a home on some of Denver's more upscale restaurant menus. Despite their higher price, diners have been eating up free-range poultry, pork, lamb and veal for several years. At dining landmark The Fort, not...

Bush picks Sullivan for SBA chief counsel post.(Thomas M. Sullivan, chief counsel for advocacy at US SBA)(International Pages)(Brief Article)
September 28, 2001... For the past three years, Thomas M. Sullivan has challenged government regulations from the outside as regulatory policy counsel at the National Federation of Independent Business and then as executive director of the NFIB Legal Foundation....

Ergonomics ruling delayed.(Department of Labor's new regulation delayed by terrorist attacks)(Government Activity)(Brief Article)
September 28, 2001... The Department of Labor has postponed its long-awaited announcement on how it will address ergonomics, the science of adapting work tasks to the human body. In March, Congress repealed a Clinton administration regulation requiring...

Tech program refunded.(Congress doubles funding for Small Business Technology Transfer program)(Brief Article)
September 28, 2001... Congress doubled funding for the Small Business Technology Transfer program and reauthorized the program for another eight years. The STTR program funds cooperative research and development projects between small businesses and nonprofit...

A thick head of hair on sale for about $6K.(Martens-Tomas Hair Augmentation System)(Brief Article)
September 28, 2001... Ever since entrepreneur Mahri Martens could remember, she had always wanted thick, flowing hair. Since she wasn't born with the hair she wanted, she tried to buy it, although these attempts at a fuller mane never looked or felt...

Stocks and bonds aren't lust for adults anymore.(Tips for Kids)(Brief Article)
September 28, 2001... Buying into mutual funds, trading stocks and otherwise making financial investments isn't kid's stuff to lots of children these days. And many financial services companies are equally serious about not only showing kids how to invest,...

StorageTek joins others in New York relief effort.(RecoverNY data Service)(Brief Article)
September 28, 2001... In the aftermath' of the Sept. 11 attacks, Louisville-based Storage Technology Corp. is lending a helping hand by banding together with its competitors in the storage industry. Colorado's tape storage behemoth has joined a consortium of...

Employers asked to watch for discrimination.(in wake of terror attacks)(Brief Article)
September 28, 2001... In wake of terrorist attacks, Muslim and Arab employees could be harassed In the wake of the Sept. 11 attacks, experts are warning employers to expect increased tension between Muslim or Arab employees and their co-workers. ...

MARKETWATCH.(gainers, losers, most active)(Statistical Data Included)
September 28, 2001... MARKETWATCH 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...

MUTUAL FUNDS.(Colorado's top performing mutual funds by year-to-date total percent return)(Statistical Data Included)
September 28, 2001... MUTUAL FUNDS Our exclusive weekly report ranks some of Colorado'stop- performing mutual funds by year-to-date total percent return. For the seven-day period ended Sept. 25, 2001. Colorado Sector Funds ...

Wagner helps create latest step in backup power.(Wagner Power Systems)(Brief Article)
September 28, 2001... Three companies have developed a system to save U.S. firms an estimated $30 billion annually that is lost when the lights go out. Aurora-based Wagner Power Systems, Peoria, Ill.-based Caterpillar and Austin, Texas-based Active Power Inc....

DBJ seeking nominations.(Denver Business Journal )
September 28, 2001... The Denver Business Journal is seeking nominations for Colorado's Most Innovative New Products to honor in its eighth annual competition. Winners will be recognized at an -upcoming awards breakfast. They also will be featured in a special...

CART sets race in Denver in '02.(Championship Auto Racing Teams Inc)(Brief Article)
September 28, 2001... The streets of Denver will once again be the scene of CART racing next year, but not the same downtown streets where traffic was tied up during CART'S previous races in 1990 and 1991. Officials from Championship Auto Racing Teams Inc....

Omnivest bullish on E-470.(buys 190 acres for 12 million)(Brief Article)
September 28, 2001... The economy may be slowing, but Omnivest Realty is still bullish on the E-470 corridor. The commercial and residential developer has completed a $12 million purchase of 190 acres south of E-470 and east of Inter state 25 between Chambers...

Firms buy back stocks.(Brief Article)
September 28, 2001... Stock prices have dropped dramatically the past year and a half. The Sept. 11 terrorist attacks have scared more investors into selling, pressuring an already fragile market. To boot, the Federal Reserve has lowered short-term interest...

Startup uses the 'Net to catch your new job.(Brief Article)
September 28, 2001... Job seekers can update and deliver their resumes to prospective employers in high-tech fashion with the help of a new Web site from Denver-based startup Resume Central Inc. The site, located at www.webresumecentral.com, allows job hunters...

Largest Denver-Area Women-Owned Businesses.
September 28, 2001... Largest Denver-Area Women-Owned Businesses (Ranked by revenue) Rank - Last year's Business name, address Phone/ rank Web or email address Fax 1 Ralph Schomp Automotive ...

Women pro softballers scrap 2001 season, plan for 2002.(Brief Article)(Statistical Data Included)
September 28, 2001... Following a dismal four years, the Denver-based Women's Professional Softball League is hoping for a better season next year, having shelved its 2001 season in favor of spending hat time drumming up more support. Since its inaugural...

CoorsTek experiences a most turbulent year.(Brief Article)(Statistical Data Included)
September 28, 2001... CoorsTek, which has been an independent entity for less than two years, has experienced a turbulent year. In the first half of 2001, the company laid off nearly 1,000 employees and executives took up to 15 percent pay cuts. More...

Speaker spreads message.(Brief Article)
September 28, 2001... Sanborn makes waves with new publication For a person who makes his living as a public speaker, Mark Sanborn is pleased his written words receive as much positive feedback as his spoken words. Sanbon's book, "Upgrade: Proven...

Expert: Motivational speeches are more necessary than ever.(Brief Article)
September 28, 2001... Terrorist attacks and an economy that seems to get worse every day. These realities leave professional speakers guessing about their futures. Will businesses continue to demand their services, or will a new wave of austerity cull their...

Minority program helps few.(Statistical Data Included)
September 28, 2001... Rodney P. Hunt started RS Information Systems in. 1992 with $5,000, an idea and an edge. His idea: Combining information technology with management consulting. His edge: As an African-American, Hunt qualified for the Small Business...

PeakEffects climbs higher.(Brief Article)
September 28, 2001... PeakEffects Inc. managed to carve out a niche in its ever-evolving market by creating a software suite that is anything but specific. The Greenwood Village-based provider of marketing software solutions fashioned a product that allows...

Minority status for women stirs controversy.(federal government to set aside contracts for women-owned businesses)(Brief Article)
September 28, 2001... The federal government will soon set aside contracts for women-owned businesses in industries where women have been underrepresented in the past. "This gives us a new way of allowing women businesses to play a role in government...

A New Yorker reflects on the terrorist attacks.(Brief Article)
September 28, 2001... More than 6,000 people killed, properties destroyed, airlines grounded, financial institutions paralyzed. It's too sudden, too shocking to absorb all at once. Ultimately, it is on a personal level that we begin to grasp the horror of a...

Sometimes the boss needs to take charge.(examples and use of leadership in business)(Brief Article)
September 28, 2001... In the week before the football season started, up to the day before America was attacked, a local television station helped Denverites analyze -- and then vote for -- who should be starting halfback for the Broncos; Terrell Davis, Olandis...

Attacks change the traveling experience.(safety and security measures at major airports around the country)(Brief Article)
September 28, 2001... While the Sept. 11 terrorist attacks in New York and Washington D.C. have caused untold human tragedy, the impact of this sad chapter continues to wreak havoc on many fronts. Among them is the radical change in the way Americans travel. No...

IRS changes rules for split-dollar insurance.(Internal Revenue Service (IRS) changes tax law on insuring executives)(Brief Article)
September 28, 2001... Companies both large and small long used split-dollar life have insurance as a benefit for executives and business owners. Until recently, the tax implications of this benefit have been positive for both companies and employees. But that has...

Expert shares his ideas to jumpstart businesses.(interview with Doug Hall, new products development consultant and author)(Brief Article)(Interview)
September 28, 2001... You could say that Doug Hall is in the "ideas industry." Hall is the founder of Eureka! Ranch, a corporate innovation and research facility where people create new products and new ideas to grow their business. A national study found...

NEWSMAKERS.(recent selections and appointments in business and industry)(Brief Article)
September 28, 2001... Accounting Ernst & Young admitted Daniel DeLau and Steven Riddle to the firm's partnership. DeLau is the tax partner in the firm's Boulder/Interlocken office. In his 18-year career, he worked in federal, state and local tax planning,...

Author has reason for loving Lucy.(son writes about father as writer for "I Love Lucy")(Brief Article)
September 28, 2001... Son of sitcom's creator finished his father's work Gregg Oppenheimer takes pride that his father Jess is a household name, even though most people probably can't remember why they know that name. "Everybody knows the name. They just...

Lifelong fan confesses her love of show.(Denver Business Journal writer talks about television show)(Brief Article)
September 28, 2001... I was born 16 years after her last episode aired, but it doesn't change the fact that I fell in love with Lucy at an early age. I remember coming home from my morning kindergarten class and plopping down in front of the TV with my lunch...

Elbert County takes the lead for population growth.(Brief Article)
September 28, 2001... The "back to the country" movement has picked up strong momentum in the Western states. The population of the West's nonmetropolitan counties soared 20.8 percent between 1990 and 2000, according to a new Demographics Daily study of U.S....

West leads the nation in prosperity ranking.(income growth rates from 1992-2000)(Brief Article)(Statistical Data Included)
September 28, 2001... America's four regions enjoyed varying degrees of prosperity between 1992 and 2000, but the West fared best of all. Four landlocked Western states boasted the nation's fastest income-growth rates during the eight-year economic boom,...

Now is not the time for a missile shield.(political view on the funding of ballistic missile defense systems)(Brief Article)
September 28, 2001... We understand the temptation, given the horrific events in New York City and Washington, D.C., to look at the nation's defense needs in new and urgent ways. If nothing else, the terrorist attacks on the World Trade Center and the...

We will never forget.(how people are dealing emotionally with terrorist attacks)
September 28, 2001... How does an ordinary American respond to the Sept. 11 attacks on the World Trade Center and Pentagon? We give blood, donate money to fire and police assistance funds, watch the news, hug our children and weep for those who died. But how...

Red tape binds Liberty Media deal.(Liberty Media Corp. acquires Deutsche Telekom's cable television companies)(Brief Article)
September 28, 2001... In most households, me person who holds the television remote control is in a very powerful position. This also holds true on a national level. Whoever controls a country's televisions is in a very commanding position. By that measure,...

LETTERS.
September 28, 2001... Technology story demands a followup I was in shock after reading Jeremy Feiler's article about Liberty Media's attempt to find cell phone signals in the WTC rubble ("Liberty Media unit seeks survivors," Sept. 21-27). How can you report...

Business Journal Salutes 'Outstanding Women'.(Denver Business Journal's third annual "Outstanding Women in Business")(Brief Article)
September 28, 2001... Welcome to The Denver Business Journal's third annual "Outstanding Women in Business" section. Winners were selected from the finalists listed below by a panel of three judges. The Denver Business Journal would like to thank this year's...

TeleTech's Atkinson is high-tech pioneer.(XO Communications' Louise Atkinson)(Brief Article)
September 28, 2001... Louise Atkinson grew up in the unassuming Bear Valley neighborhood, southwest of downtown. Today her high-octane career as senior vice president of TeleTech Holdings Inc. seems light years away from the low-key life she enjoyed as a student...

Benoit finds the 'key' to a successful business.(Mary Benoit wins Family Business Award)(Brief Article)
September 28, 2001... Sometimes people have to be tested for their true talents to be seen -- something Mary Benoit understands well. Benoit said she became president of Mathias Lock and Key, a locksmith and security systems company in Denver "mostly by...

Burkett takes personal architectural approach Business Journal.(Amy Burkett)(Brief Article)
September 28, 2001... Great buildings are more than bricks, concrete, steel and glass. Buildings are places where people work, play and live -- and great buildings enhance that experience. Amy Burkett's approach to architecture always begins with people. ...

Burns enjoys success in all types of industry.(Joy Burns)(Brief Article)
September 28, 2001... To understand Joy Burns--the woman who created the' Burnsley Hotel and who runs The D.C. Burns Realty and Trust Company-- you have to go back to a talk she had with her father when she had just entered her teens. "I remember my father...

Hayes understands importance of diversity.(Keller Hayes)(Brief Article)
September 28, 2001... Keller Hayes is no stranger to hard work. In fact, at the age of 10, she already was earning her keep. The youngster spent her summer days mowing a hay field on her family's ranch in Nebraska. "I learned about working very hard, very...

Linhart's firm thrives in times of adversity.(Sharon Linhart)(Brief Article)
September 28, 2001... The public relations industry has experienced its share of hard-luck stories from the softening economy and the dot-com fallout of early 2001. But with a right balance of clients, some firms, including the Denver-based Linhart McClain Finlon...

Robinson has heightened sense of adventure.(Ellen Robinson)(Brief Article)
September 28, 2001... It certainly wasn't in the playbook. At least, not Ellen Robinson's career playbook. Yet, at 35 years old, the businesswoman from Massachusetts had realized a dream that most young men in America will only ponder: running a professional...

Wedgeworth watches her Denver district change.(City Councilwoman Elbra Wedgeworth)(Brief Article)
September 28, 2001... Elbra Wedgeworth drives past her old neighborhood almost daily. The Curtis Park projects are just a few blocks, from her office, at 32nd and Downing streets and just a couple more blocks from where she lives now. She is reminded how in the...

Online catalogs go 3-D.(Requisite Technology Inc., Critical Reach Inc.)(Brief Article)
September 28, 2001... Two local companies are joining forces to breathe new life into the online catalog industry. Westminster-based firms Requisite Technology Inc. and Critical Reach Inc. have signed an agreement to integrate Critical Reach's interactive...

CSG acquires plaNet.(CSG Systems International Inc. purchased plaNet Consulting)(Brief Article)
September 28, 2001... CSG Systems International Inc. of Denver purchased plaNet Consulting, an e-business solutions provider with more than 100 employees located in Denver and Omaha, Neb. CSG, which provides processing services, software and support that...

DIA security OK.(Denver International Airport)(Brief Article)
September 21, 2001... But FAA has found problems Denver International had a good security record compared to other U.S. airports before last week's terrorist attacks on New York City and Washington, D.C. But the airport also had its share of problems and...

DIA security OK.(Denver International Airport)(Brief Article)
September 21, 2001... United expected to pull out of 'A' United Airlines is expected to consolidate its Denver International Airport operation on Concourse B after expected layoffs, an airport source told The Denver Business Journal this week. The airline also...

In crisis, Bonfils delivers.(Bonfils Blood Center)(Brief Article)
September 21, 2001... Every day Carol King must decide whether Bonfils Blood Center can share life-saving products with hospitals in need across the country. Sept. 11 was no exception. Armed with inventory lists, orders from Colorado facilities and donor...

Vendors hurting at airport.(airport vendors see drop in business)(Brief Article)
September 21, 2001... Vendors at Denver International Airport have experienced a dramatic drop in business since the nation's transportation industry ground to a screeching halt Sept. 11, and they don't expect significant improvements anytime soon. With sales...

Colorado stocks tumble.(public companies' stocks fall following terrorist attacks)(Statistical Data Included)
September 21, 2001... Reopening of markets brings bad news Colorado public companies took a beating in the first three days of trading following terrorist attacks on New York City and Washington, D.C. American equity markets resumed trading Sept. 17 after...

Aetna hit hard by Colorado losses.(Aetna U.S. Healthcare)(Brief Article)(Statistical Data Included)
September 21, 2001... Aetna U.S. Healthcare's second-quarter HMO loss in Colorado represents 23 percent of its losses nationwide -- prompting speculation that the company may stop offering its HMO here altogether. For the quarter ended June 30, Aetna lost $22...

Travel agents see industry rebound.(following September 11 attacks)(Brief Article)
September 21, 2001... Travel agents suffering from a decline in business in recent years found themselves in demand again after the Sept. 11 terrorist attacks crippled the airline industry. Many passengers who purchased their tickets online turned to...

JOA insiders lose ad job to outsider.(joint operating agreement)(Brief Article)
September 21, 2001... There's a new advertising boss at the Denver Newspaper Agency, the outfit that publishes The Denver Post and Rocky Mountain News. He's Dwight Brown, formerly of the Hearst-owned Houston Chronicle. Brown's appointment was a surprise to...

Homebuyers pay attention to report cards.(Denver Public Schools' poor rating to affect real estate market)(Brief Article)
September 21, 2001... School ratings could hurt Residential real estate agents say the recently published "school accountability reports," in which Denver Public Schools fared poorly, likely will affect the city's real estate. What they can't pinpoint is...

Empty buildings haunt SE suburbs.(southeast suburbs of Denver)(Brief Article)
September 21, 2001... A year ago, pension fund adviser Kennedy Associates Real Estate Counsel Inc. recommended that one of its clients, Multi-Employer Property Trust, develop a third office building at the Coal Creek Business Park, because the first two buildings...

Developers compete to rebuild complex.(Denver Housing Authority to pick developer)(Brief Article)
September 21, 2001... The Denver Housing Authority has narrowed the pool of eligible teams to redevelop Denver's East Village Apartments, a subsidized-housing development on the northeast edge of downtown, purchased by the city of Denver last year. for $12.3...

Corrections and amplifications.
September 21, 2001... * In the Colorado Money Directory special section published in the Aug. 24-30 issue, Citywide Banks and UMB Bank were omitted. Their information is printed in full on page 16A of this issue. * A complete and corrected version of the...

Indian tribes team up to solve energy issues.(Council of Energy Resource Tribes)(Brief Article)
September 21, 2001... Many American Indians are always in an energy crisis, but the Council of Energy Resource Tribes of Denver is trying to change that. People who live on reservations have some of the highest electricity bills in the county but the least...