The Business Review (Albany, NY) articles from October 2001, page 3

The Business Review (Albany, NY) archives from October 2001

General Electric Co.(Jeffrey R. Immelt, company president purchased 25,000 shares on 9/18 for $35.11 each.)(Brief Article)
October 15, 2001... Jeffrey R. Immelt, CEO, purchased 25,000 shares on 9/18 for $35.11 each.

TAKING STOCK.(annual report on Espey Mfg. and Electronics Corp.,)(Brief Article)
October 15, 2001... A weekly report compiled from the proxy statement and annual report of a publicly held company based in the Capital Region or of major interest to Capital Region investors. Espey Mfg. & Electronics Corp. (AMEX:ESP) Espey Mfg. &...

PEOPLE ON THE MOVE.(selections and appointments in New York businesses)(Brief Article)
October 15, 2001... ACCOUNTING Christine Paul has become a shareholder of Lurie & Co. CPAs P.C. of Albany. Her responsibilities will include supervision and delivery of tax, accounting and advisory services to the firm's clients. Paul was previously...

INTEREST RATES.
October 15, 2001... INTEREST RATES (Current as of 10/9/01; some rates change daily) LOANS New Car Loans ...

MORTGAGE RATES-POINTS.
October 15, 2001... MORTGAGE RATES-POINTS 30-year 15-year fixed fixed Abetter Mortgage 6.750-0 6.250-0...

Passengers, Congress turn attention to Amtrak in wake of terrorist attacks.(Brief Article)
October 8, 2001... When the airlines shut down briefly after last month's terrorist attacks, thousands of passengers shifted to long-distance trains. And the national transportation debate, which is usually limited to highway and air traffic, shifted toward...

Most local companies hold gains.(Statistical Data Included)
October 8, 2001... Espey does well in tough market; Plug, MapInfo, Albany Molecular take a dive For many public companies, the first nine months of 2001--and particularly the third quarter--were defined by the last few weeks of September. But while...

Software maker learns a hard lesson about funding.
October 8, 2001... Brian Gaddis is at a more comfortable place these days. Gone are the days of spending large sums of investor money and moving at a pace beyond his control. Gaddis is the founder of software company Reseller Advantage, based out of...

Debate over 'disadvantaged' pits minorities against each other.(Brief Article)(Statistical Data Included)
October 8, 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...

Congress vows to help flght schools that were hurt by FAA-mandated groundings.(Brief Article)
October 8, 2001... After New York City's World Trade Center was leveled by terrorists using hijacked planes, the Federal Aviation Authority briefly cracked down on the nation's small aircraft industry temporarily banning all Visual Flight Rules (VER) flights....

Database of volunteers grows as chamber weighs in.(Brief Article)
October 8, 2001... One person has human resources experience, another is a project manager and still another has expertise in accounting. It is just a sample of the e-mails Wendy Gavert has received in response to news that she was starting a database of...

Blackman & DeStefano open office for Rennselaer County business.(Brief Article)
October 8, 2001... Blackman & DeStefano Real Estate Inc. has opened a new office in the town of Schodack to handle its increasing business in Rensselaer County. The Delmar-based residential real estate brokerage, has had a smaller satellite office in East...

KeyCorp unit names head for Albany equipment leasing services division.(Key Equipment Finance)(Brief Article)
October 8, 2001... Key Equipment Finance has named Adam Warner as president and CEO for its Albany-based express leasing services division. Warner, who has relocated from Chicago and purchased a borne in Niskayuna, previously was senior vice president of...

U.S. Patent office raises fees.(Brief Article)(Statistical Data Included)
October 8, 2001... The U.S. Patent and Trademark Office raised patent fees Oct. 1 to reflect increases in the Consumer Price Index over the past 12 months. Basic filing fees for patents are now $740, up from $710 previously The fee for small businesses was...

Government prepares businesses for military reservist activations.(Brief Article)
October 8, 2001... Ralph Deso owns a small Schenectady insurance firm, 2001 Central Insurance, and knows the costs of having employees serve as members of the New York Army National Guard. Businesses, just like families, can be disrupted when an employee...

CORRECTIONS & AMPLIFICATIONS.
October 8, 2001... WERC In the Oct. 1-7 issue, the Web address for the Women's Employment and Resource Center in Menands was listed incorrectly The address is www.cdwerc.org. Verizon Communications In the Oct. 1-7 issue, the List of Largest...

New E/One CEO focuses on core businesses, explores new roads.(Environmental One Corp.)(Brief Article)
October 8, 2001... Michael Stepanovich, the new president of Environment One Corp., the Niskayuna maker of residential sewer pump systems and turbine diagnostic equipment for the utility industry, knows he has his work cut out for him. The 130-employee...

Towne takes high-tech approach.(Towne TV Audio and Appliance)(Brief Article)
October 8, 2001... Towne TV Audio & Appliance has built a cleverly designed children's area into its new store in Rotterdam. Part of the new 10,000-square-foot outlet is devoted to a showcase house complete with a driveway and lawn area laid out in black and...

Hattie's in Spa City gets new owners.(Brief Article)
October 8, 2001... Hattie's restaurant in Saratoga Springs has been purchased from owners Christel and Colin MacLean by Jasper Alexander and Elizabeth Monaco-Alexander. The sale closed at the end of September. Terms of the deal were not disclosed. ...

Entrepreneur expands inspirational-item business.(psgod.com)(Brief Article)
October 8, 2001... Stephanie McCauley's business grew out of a favor gone awry In 1998, McCauley's husband traded in her car without telling her, losing the St. Christopher's visor clip she had since she was 16. She searched the Internet for a replacement...

Kaiser Permanente sells former CHP properly in Hudson.(to the Mental Health Association of Columbia-Greene Counties Inc.)(Brief Article)
October 8, 2001... One by one, the medical offices and other real estate of the once-giant Community Health Plan are being sold and are finding new uses. The most recent property to change hands was CHP's former medical office in the city of Hudson. CHP's...

OGS says Harriman campus study awaits 'internal' comments.(Office of General Services looks over new high school plans for Albany)(Brief Article)
October 8, 2001... When New York Assemblyman John McEneny (D-Albany) looks at the sprawling state office campus in his district, he sees the ideal spot for a new high school campus for the city of Albany. The site, now called the W Averell Harriman State...

Daughters of former insurance magnate Al Lawrence get OK to buy company.(Windward Inc. to buy Lawrence Insurance Group Inc.)(Brief Article)
October 8, 2001... Albert Lawrence's daughters have met the deadline to purchase one of his former companies and pursue a long-standing accounting malpractice suit against KPMG LLP. Elizabeth and Janet Lawrence, who operate as Windward Inc., had been given...

Small businesses are really 'up against it'on health premiums.(Brief Article)
October 8, 2001... A 33 percent increase in health care premiums is eating into Slaton Monument Inc.'s profits this year, and there is nothing that owner Linda Conner can do about it. The Slaton, Texas-based gravestone provider pays $1,270 a month to cover...

Dot-com layoffs drop to lowest level in 14 months, survey says.(Brief Article)(Statistical Data Included)
October 8, 2001... Dot-com job cuts fell to 2,986 in September, the lowest level since July 2000, the month that marked the beginning of the dot-com job-cutting spree that has claimed more than 125,000 jobs in 15 months, according to figures released by...

Cisco execs will not receive bonuses this year, company says.(Brief Article)
October 8, 2001... The annual bonus, so common in Silicon Valley companies in recent years, won't happen this year for top executives of Internet equipment maker Cisco Systems Inc. of San Jose. That's due entirely to the company failing to meet financial...

Spurred on by Sept 11 attacks, Tiercent pushes up timeline for rescue device.(Brief Article)
October 8, 2001... Jeff Gulock and Mark Fobare have locked themselves in their lab. They have done so as a result of the terrorist attacks of Sept. 11 that brought the World Trade Center crashing to the ground. They're not scared. They're driven. The...

Time Warner opens its cable to ISP foes.(in Columbus, Ohio)(Brief Article)
October 8, 2001... The Columbus, Ohio, division of Time Warner Communications Inc. has become the first in the nation to offer multiple Internet service providers through its cable infrastructure. Earth Link and AOL launched services through Time Warner the...

Siena Poll: New York consumer confidence at all-time low.(Brief Article)(Statistical Data Included)
October 8, 2001... The overall confidence of New York state consumers plunged to an all-time low following the terrorist attacks of Sept. 11, according to the latest survey by the Siena College Research Institute. The poll, which the Loudonvillebased...

Tom Brokaw to speak at tech-valley summit in April 2002.
October 8, 2001... NBC news anchor Tom Brokaw is to be a speaker at next year's Summit in Tech Valley. Brokaw, anchor and managing editor of NBC Nightly News with Tom Brokaw, will moderate a two-hour panel discussion. The event is sponsored by the...

Chemical distribution plant located in Rensselaer to close.(Ashland Distribution Co. distribution plant to close)(Brief Article)
October 8, 2001... Ashland Distribution Co. is closing its chemical distribution plant in the city of Rensselaer by the end of October or early November, company and city officials said. The company is a division of Ashland Inc., a Dublin, Ohio-based...

National Guard troops ordered to provide security at airports.(in New York by Governor George Pataki)(Brief Article)
October 8, 2001... Gov. George Pataki has ordered more than 300 New York Army and Air National Guard troops. to stand guard in the state's commercial airports, in response to the Sept. 11 terrorist attacks. More than half of the troops will be posted at New...

And the winners are.
October 8, 2001... Four winners were announced Oct. 2 at the end of the two-day SmartStart Venture Forum. They were: Appro Healthcare Inc. of Buffalo, for best presentation; Document Strategies Inc., of Rochester, for most likely to get funded; Photon Vision...

$15M education building project at College of Saint Rose.(Brief Article)
October 8, 2001... With nearly half of its students enrolled in education programs, the College of Saint Rose in Albany decided it was time to have a building that reflected the school's commitment to education. On Oct. 3, the college held a groundbreaking...

Trans World CEO donates $10M to Albany Med. Center.(Brief Article)
October 8, 2001... A planned donation to Albany Medical Center from the chairman and chief executive officer of Trans World Entertainment Corp. is the largest in the institution's 162-year history. The $10 million gift from Robert Higgins was announced Oct....

Lets not let terror damage grow.(Consumer confidence)(Brief Article)
October 8, 2001... A month ago the experts and analysts were all wondering if the economy had bottomed out and if may be an economic recovery was already under way. Now we know that Sept. 11 will be the date we bottomed out. The latest survey by the...

Layoffs may not be good business.(Brief Article)
October 8, 2001... Layoffs may not be good business. Just a few months ago almost everyone around here was saying that what the Capital Region needed most for its economy was more workers. There were more jobs than workers to fill them. We were even hearing...

AREA'S LARGEST NURSING HOMES.(Brief Article)(Statistical Data Included)
October 8, 2001... AREA'S LARGEST NURSING HOMES (Ranked by Number of Long-term Care Beds) Name Rank Address Certified 2000 Last Telephone (Fax) (Year Founded) Long-term Revenue/ Rank...

Workplace privacy: Balancing priorities.(Surveillance system installed at landfill)(Brief Article)
October 8, 2001... Earlier this year, the town of Colonie planned to install a video surveillance system at its landfill on Route 9. Joseph Stockbridge, the town's director of environmental services, said the cameras would be used to improve the waste screening...

Workplace privacy rules should be consistent with real business needs.(Brief Article)
October 8, 2001... The debate about privacy in the workplace has sometimes become heated in recent years, and it is likely to become more so. The debate is not about whether an employer has a right to monitor activity in the workplace. It is about the extent of...

Computer training schools thrive even as technology sector stagnates.(Brief Article)
October 8, 2001... Business has been booming for some computer training schools in the Capital Region despite the nation's lagging technology sector. "We really haven't seen any ill effects from the general worsening of our economy," said Tom Couvares,...

Managers should engage employees to keep best workers.(Brief Article)
October 8, 2001... Organizations ahead of the curve understand the reality that employee job satisfaction directly affects customer outcomes and, in turn, the bottom line. At 2 p.m. on a very hot Friday afternoon in August, a patient arrived for a medical...

Juggling generations: Welcome to the new workplace.(Brief Article)
October 8, 2001... A typical workplace today can consist of four generations: the Elders, either nearing retirement or returning to work; the Baby Boomers; Generation X, born between 1965 and 1977; and Generation Y, born between 1979 and 1994 and now entering...

AREA'S LARGEST COMPUTER TRAINING FACILITIES.(Brief Article)(Statistical Data Included)
October 8, 2001... AREA'S LARGEST COMPUTER TRAINING FACILITIES (Ranked by Number of Student Training Days Sold in 2000) Name Address Capital Region Rank Telephone (Fax)(Year Founded) ...

A family's recipe for success.(Petta's Restaurant in Schenectady)(Brief Article)
October 8, 2001... Knowing what not to change If you order a salad with blue cheese at Petta's Restaurant in Schenectady, the blue cheese isn't a commercial brand you might find in dozens of other restaurants. It's handmade by Lynn Petta. The...

My world has changed since 9/11.(After Islamic terrorist attacks)(Brief Article)
October 8, 2001... It was a Tuesday evening, exactly two weeks after the terrorist attacks on the World Trade Center and the Pentagon. I had just attended a board meeting in New York City and I was riding on an Amtrak train homeward bound for Albany. ...

Employers are required to rehire reservists who are called to active duty.(Brief Article)
October 8, 2001... As our country prepares for war in the aftermath of the Pentagon and World Trade Center attacks, employers must deal with reservist employees suddenly being called to active duty and taking substantial time off to serve our country with...

Standard & Poor's Outlook surveys companies offering direct-purchase plans.(Brief Article)
October 8, 2001... More than 300 U.s. companies now allow you to purchase their shares directly without going through a stockbroker. To enroll in such direct-purchase plans, simply call the plan agent of the company you're interested in. The agent will send you...

MARKETPLACE.(stocks)(Brief Article)
October 8, 2001... GAINERS, LOSERS Authentidate Holding Co. Close $4.64 Up 16.0% Canadian Pacific Ltd. Close $14.50 Down 53.91% MARKET INDICES Dow Jones Industrials Close 8,836.83 Up 2.71% Nasdaq Composite Close...

Plug Power Inc.(Mechanical Technology Inc. sells 282,095 shares)(Brief Article)(Statistical Data Included)
October 8, 2001... Mechanical Technology Inc. sold 282,095 shares between 6/4 and 6/15 for between $21.30 and $30.77 each and a total value of about $8.6 million.

Troy Financial Corp.(George H. Arakelian purchases stocks)(Brief Article)(Statistical Data Included)
October 8, 2001... Between 8/10 and 8/24, George H. Arakelian, a director, purchased 20,900 shares for between $20.60 and $21.50 each.

Mapinfo Corp.(Michael D. Marvin purchases stocks)(Brief Article)
October 8, 2001... Michael D. Marvin, chairman, bought 10,000 shares for $9.01 each on 8/28.

TAKING STOCK.(Greene County Bancorp Inc., includes performance record and executive compensations)(Brief Article)(Company Profile)(Statistical Data Included)
October 8, 2001... A weekly report compiled from the proxy statement and annual report of a publicly held company based in the Capital Region or of major interest to Capital Region investors. Greene County Bancorp Inc. (Nasdaq:GCBC) Greene County...

PEOPLE ON THE MOVE.(includes; National Planning Associates Inc., Donald Reutemann appointment)
October 8, 2001... BANKING/FINANCE Donald Reutemann has joined National Planning Associates Inc. in Colonie as a registered representative and investment adviser. Roberta Bastow has been named market leader for Fleet Bank's private clients group....

AWARDS & ACHIEVEMENTS.
October 8, 2001... Equinox Inc. of Albany has named new officers to its board of directors, including Lawrence Kelley, president; Deborah Molyneux, first vice president; Kathy Tanner, second vice president; Lorraine D'Aleo, secretary; and John Carl, treasurer....

Catholic Charities of the Diocese of Albany.(introduces new website)(Brief Article)
October 8, 2001... Catholic Charities of the Diocese of Albany announced the availability of its new Web site at www.ccrcda.rog. The site features information on more than 40 services Catholic Charities offers in 14 counties, its newsletter and annual report,...

The United States Small Business Administration.(seeks candidates for small business awards)(Brief Article)
October 8, 2001... The United States Small Business Administration is seeking outstanding small-business owners and advocates to be honored during National Small Business Week next May. Categories for the awards include small-business person, small-business...

Ed Herrington Inc.(opens new design center)(Brief Article)
October 8, 2001... Ed Herrington Inc. of Hillsdale has opened a new 3,000-square-foot design center at Herrington's Lakeville, Conn. location. The design center includes a Marvin windows and doors showcase and a kitchen and bath showroom.

IFS International Holdings Inc.(reports net income for first fiscal quarter)(Brief Article)(Statistical Data Included)
October 8, 2001... IFS International Holdings Inc. (OTC:IFSH/BSE:EFT) of North Greenbush reported net income of $652,784, or 9 cents a share, on revenue of $4.2 million, for the first fiscal quarter ended July 31. This compares to a net loss of $786,1 39, or 19...

Intermagnetics General Corp.(reports first-quarter net income)(Brief Article)(Statistical Data Included)
October 8, 2001... Intermagnetics General Corp. (Nasdaq: IMGC) reported first-quarter net income of $3.64 million, or 21 cents a diluted share, on revenue of $40.1 million, for the first fiscal quarter ended Aug. 26. This is up from $2.4 million, or l6 cents a...

Authentidate Holding Corp.(reports net losses for year ending June 30)(Brief Article)(Statistical Data Included)
October 8, 2001... Authentidate Holding Corp. (Nasdaq: ADAT) reported a net loss of $9.34 million, or 63 cents a share, on revenue of S1786 million, for the fiscal year ended June 30. This compares to a net loss of $5.27 million, or 49 cents a share, on revenue...

INTEREST RATES.(current as of October 2, 2001)(Illustration)(Statistical Data Included)
October 8, 2001... INTEREST RATES (Current as of 10/2/01; some rates LOANS change daily) New Car Loans (over $6,000) ...

MORTGAGE RATES-POINTS.(includes 30-year fixed and 15-year fixed rates)(Brief Article)(Illustration)(Statistical Data Included)
October 8, 2001... MORTGAGE RATES-POINTS 30-year 15-year 1-year fixed fixed ARM Abetter Mortgage 6.750-0 6.250-0 5.750-0 Absolute...

Passengers, congress turn attention to amtrak in wake of terrorist attacks.(Brief Article)
October 8, 2001... When the airlines shut down briefly after last month's terrorist attacks, thousands of passengers shifted to long-distance trains. And the national transportation debate, which is usually limited to highway and air traffic, shifted toward...

Software maker learns a hard lesson about funding.(Reseller Advantage, Brian Gaddis)
October 8, 2001... Brian Gaddis is at a more comfortable place these days. Gone are the days of spending large sums of investor money and moving at a pace beyond his control. Gaddis is the founder of software company Reseller Advantage, based out of...

Most local companies hold gains.(Espey Mfg. & Electronics Corp. and Safari Associates Inc. improve after terror attacks)(Statistical Data Included)
October 8, 2001... Espey does well in tough market; Plug, MapInfo, Albany Molecular take a dive For many public companies, the first nine months of 2001-and particularly the third quarter--were defined by the last few weeks of September. But while the...

Debate over 'disadvantaged' pits minorities against each other.(Brief Article)
October 8, 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...

Congress vows to help flight schools that were hurt by FAA-mandated groundings.(U.S. Federal Aviation Administration)(Brief Article)
October 8, 2001... After New York City's World Trade Center was leveled by terrorists using hijacked planes, the Federal Aviation Authority briefly cracked down on the nation's small aircraft industry, temporarily banning all Visual Flight Rules (VFR) flights....

Database of volunteers grows as chamber weighs in.(Rapid Application Developers Inc., Wendy Gavert, Albany-Colonie Regional Chamber of Commerce)(Brief Article)
October 8, 2001... One person has human resources experience, another is a project manager and still another has expertise in accounting. It is just a sample of thee-mails Wendy Gavert has received in response to news that she was starting a database of...

Blackman & destefano open office for rennselaer county business.(Brief Article)
October 8, 2001... Blackman & DeStefano Real Estate Inc. has opened a new office in the town of Schodack to handle its increasing business in Rensselaer County. The Delmar-based residential real estate brokerage has had a smaller satellite office in East...

KeyCorp unit names head for Albany equipment leasing services division.(Adam Warner)(Brief Article)
October 8, 2001... Key Equipment Finance has named Adam Warner as president and CEO for its Albany-based express leasing services division. Warner, who has relocated from Chicago and purchased a home in Niskayuna, previously was senior vice president of...

U.S. patent office raises fees.(Brief Article)
October 8, 2001... The U.S. Patent and Trademark Office raised patent fees Oct. 1 to reflect increases in the Consumer Price Index over the past 12 months. Basic filing fees for patents are now $740, up from $710 previously. The fee for small businesses was...

Government prepares businesses for military reservist activations.(U.S. National Guard)(Brief Article)
October 8, 2001... Ralph Deso owns a small Schenectady insurance firm, 2001 Central Insurance, and knows the costs of having employees serve as members of the New York Army National Guard. Businesses, just like families, can be disrupted when an employee...

Corrections & amplifications.(Brief Article)(Correction Notice)
October 8, 2001... WERC In the Oct. 1-7 issue, the Web address for the Women's Employment and Resource Center in Menands was listed incorrectly. The address is www.cdwerc.org Verizon Communications In the Oct. 1-7 issue, the List of Largest...

New E/one CEO focuses on core businesses, explores new roads.(Environment One Corp., Michael Stepanovich)(Brief Article)
October 8, 2001... Michael Stepanovich, the new president of Environment One Corp., the Niskayuna maker of residential sewer pump systems and turbine diagnostic equipment for the utility industry knows he has his work cut out for him. The 130-employee...

Towne takes high-tech approach.(Towne TV Audio & Appliance)(Brief Article)
October 8, 2001... Towne TV Audio & Appliance has built a cleverly designed children's area into its new store in Rotterdam. Part of the new 10,000-square-foot outlet is devoted to a showcase house complete with a driveway and lawn area laid out in black and...

Hattie's in spa city gets new owners.(Hattie's Restaurant,)(Saratoga Springs, New York)(Brief Article)
October 8, 2001... Hattie's restaurant in Saratoga Springs has been purchased from owners Christel and Cohn MacLean by Jasper Alexander and Elizabeth Monaco-Alexander. The sale closed at the end of September. Terms of the deal were not disclosed. Elizabeth...

Entrepreneur expands inspirational-item business.(Stephanie McCauley)(All God's Creatures stores)(Brief Article)
October 8, 2001... Stephanie McCauley's business grew Out of a favor gone awry. In 1998, McCauley's husband traded in her car without telling her, losing the St. Christopher's visor clip she had since she was 16. She searched the Internet for a replacement...

Kaiser permanente sells former CHP property in Hudson.(to the Mental Health Association of Columbia-Greene Counties Inc.)(Brief Article)
October 8, 2001... One by one, the medical offices and other real estate of the once-giant Community Health Plan are being sold and are finding new uses. The most recent property to change hands was CHP's former medical office in the city of Hudson. CHP's...

OGS says Harriman campus study awaits 'internal' comments.(New York Office of General Services, W. Averell Harriman State Office Campus)(Brief Article)
October 8, 2001... When New York Assemblyman John McEneny (D-Albany) looks at the sprawling state office campus in his district, he sees the ideal spot for a new high school campus for the city of Albany. The site, now called the W. Averell Harriman State...

Daughters of former insurance magnate Al Lawrence get OK to buy company.(Elizabeth and Janet Lawrence, Windward Inc.)(Lawrence Insurance Group Inc.)(Brief Article)
October 8, 2001... Albert Lawrence's daughters have met the deadline to purchase one of his former companies and pursue a long-standing accounting malpractice suit against KPMG LLP. Elizabeth and Janet Lawrence, who operate as Windward Inc., had been given...

Small businesses are really 'up against it' on health premiums.(Brief Article)(Statistical Data Included)
October 8, 2001... A 33 percent increase in health care premiums is eating into Slaton Monument Inc.'s profits this year, and there is nothing that owner Linda Conner can do about it. The Slaton, Texas-based gravestone provider pays $1,270 a month to cover...

Dot-com layoffs drop to lowest level in 14 months, survey says.(Brief Article)(Statistical Data Included)
October 8, 2001... Dot-com job cuts fell to 2,986 in September, the lowest level since July 2000, the month that marked the beginning of the dot-com job cutting spree that has claimed more than 125,000 jobs in 15 months, according to figures released by...

Cisco execs will not receive bonuses this year, company says.
October 8, 2001... The annual bonus, so common in Silicon Valley companies in recent years, won't happen this year for top executives of. Internet equipment maker Cisco Systems Inc. of San' Jose. That's due entirely to the company failing to meet financial...