Daily News (New York, NY) articles from April 2001

Daily News (New York, NY) archives from April 2001

Daily News, New York, Guerrilla Investing Column.
April 3, 2001... Byline: Peter Siris Apr. 2--An old Chinese expression says, "You can't step in the same river twice." The rationale is simple: The river is always changing, so it's a different river each time you step in it. You also could apply that...

Daily News, New York, Media Column.
April 3, 2001... Byline: Paul D. Colford Apr. 3--THE DAYS OF WEB SURFERS freeloading at Inside.com -- reading lots of stories without charge -- are coming to an end. Under a complex deal formally announced yesterday, the Web site -- a must-check for...

Stock Markets Begin Second Quarter with Downward Turn.
April 3, 2001... Byline: David Andelman Apr. 3--The second quarter of stock market action picked up just about where the first quarter left off, with companies continuing to warn they aren't doing well and the Nasdaq hitting its lowest level since October...

America West Receives Worst Customer Service Rating of Major Airlines.
April 4, 2001... Apr. 3--America West might better be called America Worst. The Phoenix-based carrier, which flies into and out of New York, earned the lowest rating for passenger service among major airlines yesterday in an annual review by two...

New York Times Inadvertently Runs Erroneous TV Listing on April Fools Day.
April 4, 2001... Byline: Paul D. Colford Apr. 4--You won't find a video featuring Tim Sastrowardoyo or Marilyn McCauley at Blockbuster -- or anywhere else. But if the TV booklet in last Sunday's New York Times is to be believed, the two star in the 1924...

New York-Based Design Firm Bought Out by French Fashion Conglomerate.
April 4, 2001... Byline: Judith Schoolman Apr. 2--Donna Karan International said "oui" yesterday to LVMH Moet Hennessy Louis Vuitton, agreeing to a sweetened $243 million buyout by the French maker of luxury products. "We'll get the capital and...

Giuliani Confident He Can Help Keep Baseball Teams in New York City.
April 4, 2001... Apr. 3--The city has a good chance of striking a deal for new stadiums for the Yankees and Mets, Mayor Giuliani said yesterday. "We're having some pretty fruitful negotiations," he said at the Yankees' home opener. "I think there's a...

Daily News, New York, Guerrilla Investing Column.
April 4, 2001... Byline: Peter Siris Apr. 4--The stock market looks very scary. Each day, they line up the tech stocks and execute them. It's bloody. But the economy as a whole isn't so bad. It's actually pretty good. Most people have jobs. Many consumers...

Daily News, New York, Media Column.
April 4, 2001... Byline: Phyllis Furman Apr. 4--NEW LINE REFOCUSES: After a money-losing year, "Austin Powers" studio New Line Cinema is gunning to get its mojo back with a slate of lower-budget, mass-appeal movies that lean heavily on the studio's...

AOL Time Warner to Increase Investment in Media, Internet Firm.
April 4, 2001... Byline: Phyllis Furman Apr. 4--Oxygen Media founder Geraldine Laybourne has finally gotten some air. AOL Time Warner agreed yesterday to beef up its investment in the struggling women-focused media and Internet company -- and said it...

Readers Take Advantage of New York Newspaper's Taxpayer Hotline.
April 4, 2001... Byline: Nancy Dillon Apr. 4--Hundreds of readers taxed the Daily News' free taxpayer hotline yesterday, calling in at such a high volume that a panel of volunteer CPAs barely had time to sip their bottled water. "I'm busier than the...

New York-Area Woman Creates Web Site Dedicated to Clinical Trial Information.
April 4, 2001... Byline: Nancy Dillon Apr. 2--Courtney Hudson, founder of a local Web service that matches patients with new medical treatments, knows nothing is more precious than time when a deadly disease strikes and standard medical practices create...

Online Stock Broker Firm Opens New York Supercenter.
April 5, 2001... Byline: Nancy Dillon Apr. 5--Online broker E-Trade opened a Madison Ave. supercenter complete with restaurant and gift shop yesterday, just a day after competitor Ameritrade said it would start charging fees to small or inactive customer...

Lucent Stock Plunges Due to Rumors of Bankruptcy.
April 5, 2001... Byline: Rachel Scheier Apr. 5--Lucent, the once-stellar telecom giant, denied rumors sweeping Wall Street early yesterday that it was planning to file for bankruptcy -- but not before the rumblings dragged the beleaguered stock to an...

Dow Stocks Rise Slightly Despite Economic Warnings.
April 5, 2001... Byline: Judith Schoolman Apr. 5--Wall Street investors went on a brief shopping trip yesterday after two days of brisk selling, moving Dow stocks marginally higher despite more dismal corporate news and new warnings that the future remains...

Authorities Charge Vitamin Company Founder with Peddling Experimental Drug.
April 6, 2001... Byline: Robert Gearty Apr. 6--The founder of an Oklahoma vitamin company was charged with peddling an experimental drug over the Internet as "an AIDS treatment breakthrough," federal authorities said yesterday. M. Keith Ives, 43,...

H&R Block Faces Fines in New York for Misrepresenting Loan Program.
April 6, 2001... Byline: Emily Gest Apr. 6--With 10 days to go till tax returns must be filed, H&R Block faces more than $1 million in fines for misrepresenting its Rapid Refunds so they could sell unwitting taxpayers high-interest loans, the city's...

Daily News, New York, Media Column.
April 6, 2001... Byline: Paul D. Colford Apr. 6--You could have a fat wallet and lots of time to walk around town and probably still not buy all the ethnic newspapers circulating in New York. But a helpful new guide goes a long way to putting the city's...

New York-Area Telecommunications Firm to Fire 2,000 Workers.
April 6, 2001... Byline: Rachel Scheier Apr. 6--Silicon Alley's Winstar, one of the country's biggest upstart telecom companies, said yesterday it would fire 2,000 workers to save money as it searches for a much-needed infusion of cash. The layoffs...

New York Newspaper Folds Weekly Sports Paper.
April 7, 2001... Byline: Paul D. Colford Apr. 7--The New York Post is folding its struggling, 10-month-old weekly sports paper immediately because of "the present economic climate," publisher Ken Chandler said yesterday. The end of New York Post Sports...

Employment News Sends Fear Through Wall Street.
April 7, 2001... Byline: Judith Schoolman Apr. 7--Discouraging news on the employment front that resurrected recession fears sent investors scurrying to sell yesterday as the mood on Wall Street turned from jubilation to anxiety. Labor Secretary Elaine...

American Eagle Outfitters Looks to Buy Gap Locations in New York.
April 9, 2001... Byline: Judith Schoolman Apr. 9--The Eagle is landing. American Eagle Outfitters -- the moderately priced, youth-oriented clothing chain that combines Old Navy prices with Abercrombie & Fitch attitude -- is looking to invade New York...

Daily News, New York, Guerrilla Investing Column.
April 9, 2001... Byline: Peter Siris Apr. 9--WHEN I WENT TO Harvard Business School in the late '60s, I thought I was pretty smart. I certainly knew how to pick stocks. While my elders were investing in steel, cars and other tired old-economy stocks, I was...

Landscape Artist Works to Beautify New York.
April 9, 2001... Byline: Nancy Dillon Apr. 9--Landscape artist Madelyn Simon has built a multimillion-dollar business planting azaleas, coleus and Hollywood junipers on rooftops and terraces across Manhattan. But nine months ago, she almost lost...

Brooklyn, N.Y.,-Born CEO Works Hard to Turn Around Motown Records.
April 9, 2001... Byline: Phyllis Furman Apr. 9--It doesn't take long for Motown Records CEO Kedar Massenburg to want to tell you about his accomplishments. Sitting in his plush midtown office, sporting black leather pants and a large diamond gleaming...

Amazon.com Gives Positive Sales Forecast.
April 10, 2001... Byline: Nancy Dillon Apr. 10--Amazon.com managed a rare feat in the downtrodden Internet sector yesterday -- an upward revision to its sales forecasts that sent its stock soaring. The No. 1 online retailer said its strongest growth is...

Developer to Build Office Tower in New York, Area.
April 10, 2001... Byline: Eric Herman Apr. 10--A Tribeca office project may not have a tenant, but it now has a developer. Edward Minskoff will build a 32-story tower on a parking lot at Greenwich St. between Warren and Murray Sts., next to the College...

Illinois Business Partners to Pay for Selling Illegal Cable Signal Decoders.
April 11, 2001... Byline: Nancy Dillon Apr. 11--Cablevision Systems won its biggest victory yet in the fight against illegal black boxes used to pirate cable TV -- with big fines set for deadbeat customers. The Bethpage, L.I., company said yesterday...

Poor Will Be Able to Access Electronic Benefits at New ATMs in New York.
April 11, 2001... Byline: Judith Schoolman Apr. 11--Welfare recipients in the city's poorest neighborhoods will be able to access their electronic benefits at 149 new ATMs without paying a fee for the service, under a new agreement between Citigroup and the...

Business Anchor Will Return to CNN.
April 11, 2001... Byline: Paul D. Colford Apr. 11--Two years after newsman Lou Dobbs abruptly left CNN to head a dot-com start-up, network executives yesterday showered him with praise as they welcomed him back as anchor of its ailing "Moneyline News Hour."...

Dow Jones, Nasdaq See Significant Gains.
April 11, 2001... Byline: Judith Schoolman Apr. 11--Wall Street's optimism that techs can still earn money sent the Dow Jones industrial average yesterday to its first close above 10,000 since mid-March and the Nasdaq composite index to its third-biggest...

Former Attorney General Completes Book Deal to Be Worth $500,000.
April 12, 2001... Byline: Paul D. Colford Apr. 12--Janet Reno -- whose eight years as attorney general thrust her into such hot cases as the Elian Gonzalez custody battle and the deadly standoff in Waco -- is completing a book deal with Random House...

New York-Based PricewaterhouseCoopers to Cut About 1,000 Consulting Posts.
April 12, 2001... Byline: Nancy Dillon Apr. 12--Citing reduced spending among its Fortune 500 clients, Manhattan-based PricewaterhouseCoopers is planning to cut up to 1,000 of its 12,000 consulting positions nationwide by month's end. Spokeswoman Sehra...

Disney Tries to Lure Tiger Woods into Endorsement Contract.
April 12, 2001... Byline: David Andelman Apr. 12--Hoping one of America's top sports heroes can boost attendance at its theme parks, Disney may be trying to seize a tiger by the tail. Potentially adding several million dollars a year to his $54 million...

British Publication's Business Editor to Lead Magazine About Technology, Ideas.
April 12, 2001... Byline: Paul D. Colford Apr. 12--Conde Nast has picked a dark-horse candidate to be the new editor-in-chief of Wired, its future-looking magazine about technology and ideas. Getting the assignment was Chris Anderson, 39, U.S. business...

Daily News, New York, Stocks Column.
April 12, 2001... Byline: Judith Scholman Apr. 12--Web giant Yahoo surprised Wall Street late yesterday with profits that beat dramatically reduced expectations, but warned that its problems were far from over and said it would cut 12 percent of its...

Yahoo to Maintain Online Store Selling Pornographic Videos.
April 12, 2001... Byline: Rachel Scheier Apr. 12--Yahoo, the public library and general store of the digital age, has gone hard-core. The Internet giant, facing the same money struggles as all dot-coms amid a bleak marketplace, is the first leading Web...

Analysts Disagree over Possibility of `White-Collar' Layoffs.
April 13, 2001... Byline: David Andelman Apr. 13--A "painful process of adjustment" will mean big white-collar layoffs in coming months, according to one leading Wall Street economist, though others said prospects aren't quite so bleak. Stephen Roach,...

Daily News, New York, Publishing Column.
April 13, 2001... Byline: Paul D. Colford Apr. 13--Job cuts are the big story at The Wall Street Journal and buyouts are the big news at The New York Times. The two national papers, jolted by a sharp falloff in advertising that's affecting the entire...

Merrill Lynch May Cut Jobs to Trim Expenses.
April 14, 2001... Byline: Judith Schoolman Apr. 14--Mega-brokerage Merrill Lynch will likely cut employees as a way to trim expenses amid a slowdown in the industry, following Wall Street rivals Bear Stearns and Charles Schwab, the company said. "In the...

Eco-Entrepreneur High School Student Turns Heads in New York.
April 16, 2001... Byline: Nancy Dillon Apr. 16--Eco-entrepreneur John Paul Solis brushed aside his floral shower curtain and scooped up a dense green mass resembling a steamrolled Chia Pet. "Doesn't it look weird," he said as he leaned over his...

Daily News, New York, Guerrilla Investing Column.
April 16, 2001... Byline: Peter Siris Apr. 16--I've been getting a lot of calls lately from friends who are losing money in the market. Most are sitting passively, accepting their losses. But doing nothing almost always leads to trouble. If you're...

New York-Based Web Firm Presses On While Other Internet Companies Collapse.
April 16, 2001... Byline: Rachel Scheier Apr. 16--On the spring day two years ago Scott Kurnit took his start-up, The Mining Company, public and added a quick $50 million to his net worth, he stared out his 24th floor office window at two towers of steel...

AOL Thrives with User-Friendly Internet Access.
April 17, 2001... Byline: Rachel Scheier Apr. 17--Web giant AOL continues to grow beanstalk-style and shows no signs of stopping as more and more people get online. America Online said its dial-up Internet service now has more than 29 million customers...

Manhattan Housing Costs Remain Sky-High Despite Slowing Economy.
April 17, 2001... Byline: Eric Herman Apr. 18--Despite the slowing economy, sky-high apartment rents and sale prices, as well as office space, remain solid in Manhattan, several newly released studies found. Rents rocketed an average of 16 percent last...

Editor Introduces New Format for Traditional Women's Magazine.
April 17, 2001... Byline: Paul D. Colford Apr. 17--When Susan Ungaro applied for a job at Family Circle, she answered one of the classic interview questions by saying that, in five years, she hoped to be editor in chief of the magazine. It took a lot...

New York-Based Retailer Acquires Popular Teen Apparel Brands.
April 17, 2001... Byline: Nancy Dillon Apr. 17--Looking to gain a foothold at mid-price stores such as Kohl's, Mervyn's and J.C. Penney, retail powerhouse Jones Apparel has agreed to pay $572 million for McNaughton, maker of popular teen brands Energie and...

Daily News, New York, Stocks Column.
April 17, 2001... Byline: David Andelman Apr. 17--Cisco, once among the hottest tech bellwethers, confirmed yesterday it will have to shed 8,500 jobs, while sales this quarter will fall short even of previously diminished estimates. The No. 1...

Wired Magazine Editor Departs for Outside.
April 18, 2001... Byline: Nancy Dillon Apr. 18--Wired is losing another top editor, this time to Outside magazine, the literary bible of the outdoor adventure set. Alex Heard, Wired's executive editor, said he's leaving a bit out of disappointment over...

Daily News, New York, Media Column.
April 18, 2001... Byline: Phyllis Furman Apr. 18--Willow Bay, who's being pushed aside from CNN's "Moneyline News Hour" to make way for the return of Lou Dobbs, is casting around for a new gig outside CNN, broadcasting executives said. In recent days,...

Inflation, Manufacturing Rebound Help Boost Stocks.
April 18, 2001... Byline: Judith Schoolman Apr. 18--Upbeat reports yesterday that showed tame inflation and a rebound in manufacturing for the first time in six months helped send stocks higher yesterday. Cheaper energy prices moved the closely watched...

Yahoo Names New CEO.
April 18, 2001... Byline: Rachel Scheier Apr. 18--Yahoo, the Web giant and new economy icon, has named as its new chairman and CEO the former Warner Bros. co-chief Terry Semel, one of Old Hollywood's genuine moguls. Semel, who with partner Bob Daly ran...

AOL Reports 20 Percent Surge in Operating Profits.
April 19, 2001... Byline: Phyllis Furman Apr. 19--AOL Time Warner, the world's biggest Internet and media company, released strong financial results yesterday, proving it could still strut despite the weakening economy. The home of Time magazine, CNN,...

Economists Predict Interest Rate Cuts Will Continue.
April 19, 2001... Byline: David Andelman Apr. 19--A recovery by the end of this year is what the Fed's been predicting -- and yesterday, Alan Greenspan & Co. seemed determined to provide all the fuel needed to fulfill that prophecy. That's the consensus...

New York-Based Wireless Telecom Company Winstar Files for Chapter 11.
April 19, 2001... Byline: Nancy Dillon Apr. 19--Manhattan-based Winstar Communications, the debt-ridden wireless telecom company whose stock topped $86 last year but has since fallen to 14 cents, filed for bankruptcy yesterday. The company was forced...

Mattel Reports Quarterly Loss of $34 Million.
April 20, 2001... Byline: Nancy Dillon Apr. 20--No. 1 toy company Mattel reported losses of $34 million yesterday, citing flat Barbie sales in the U.S. and weakness in licensed-character brands. But revenues for the first quarter rose nearly 6 percent...

Long-Term Mortgage Rates Rise Despite Fed's Interest-Rate Cut.
April 20, 2001... Byline: Eric Herman Apr. 20--Long-term mortgage rates rose this week to a three-month high despite Wednesday's surprise interest rate cut by the Fed. But one-year adjustable rate mortgages dipped to 6.08 percent , their lowest point in...

Web Consultancy Scient Cancels Plans for Posh New York Office Space.
April 20, 2001... Byline: Eric Herman Apr. 20--In another example of the effects of the dot-com crash on the city's real estate market, Web consultant Scient has backed out of plans to move into an office building going up near Grand Central Station. ...

The New York Times' Web Site to Cut More Jobs.
April 20, 2001... Byline: David Andelman Apr. 20--The worsening advertising climate has prompted the Web site of The New York Times to cut another 47 positions and Newsday to warn it may cut as many as 50 staffers. The Times said the layoffs at New York...

FCC Allows Viacom to Keep UPN Television Network.
April 20, 2001... Byline: Phyllis Furman Apr. 20--Viacom bosses Sumner Redstone and Mel Karmazin, who control CBS, will get to keep UPN, the small TV network that's home to "WWF Smackdown!" and "Star Trek: Voyager." The Federal Communications Commission...

Nasdaq Charts Near-Record Gain for Week.
April 21, 2001... Byline: Judith Schoolman Apr. 21--The Nasdaq composite index charted its third-biggest weekly gain ever, spurred in part by the Fed's surprise rate cut on Wednesday, even as investors took some profits on big name stocks yesterday. ...

Internet Ad Firm DoubleClick to Vacate One-Third of Its Manhattan Office Space.
April 21, 2001... Byline: Eric Herman Apr. 21--Silicon Alley's biggest employer, DoubleClick, is getting ready to vacate almost an entire floor of office space at 450 W. 33rd St., its New York headquarters. A spokeswoman for the Internet advertising...

Daily News, New York, Guerrilla Investing Column.
April 23, 2001... Byline: Peter Siris Apr. 23--What do you call a company whose sales and profits swing radically with the peaks and troughs in the economy? A cyclical. Companies that produce basic materials, such as oil, aluminum and steel, are...

Exxon Mobil Posts Quarterly Profit of $5 Billion.
April 24, 2001... Byline: Nancy Dillon Apr. 24--As energy costs rise and retail gas prices once again flirt with or exceed the $2-a-gallon mark, oil industry leader Exxon Mobil posted spectacular first-quarter profits of $5 billion, up nearly 51 percent...

Daily News, New York, Media Column.
April 24, 2001... Byline: Paul D. Colford Apr. 24--Following owner Rupert Murdoch's unhappiness with the direction of the New York Post, editor Xana Antunes was bounced yesterday after just a year and a half on the job. Col Allan -- a 47-year-old...

New Editor of New York Post a Veteran in Murdoch Empire.
April 25, 2001... Byline: Paul D. Colford Apr. 25--Those who knew Col Allan during his stint in the late 1970s as a New York correspondent for Rupert Murdoch's Australian papers remember a dogged newsman whose workdays were capped by serious drinking and...

Panel of Corporate Executives Criticize Fair Disclosure Regulation.
April 25, 2001... Byline: Judith Schoolman Apr. 25--The early holiday present of "fair disclosure," which the Securities and Exchange Commission gave individual investors last year in an effort to level the information market place, was a mixed solution at...

Portion of New York Times Building Designated a Landmark.
April 25, 2001... Byline: Eric Herman Apr. 25--The city Landmarks Preservation Commission designated part of the New York Times 229 W. 43rd St. headquarters a landmark yesterday, according to a commission spokeswoman. The designation protects the 43rd...

Markets Drop on News of Disappointing Earning.
April 25, 2001... Byline: Judith Schoolman Apr. 25--Sour news from a range of companies sent stocks sliding again yesterday, but a slimmer than expected loss from online retail giant Amazon.com sent its shares higher in late trading. The day started on...

Morgan Stanley Cuts 1,500 Jobs; About 17 Other Firms Announce Layoffs.
April 25, 2001... Byline: David Andelman Apr. 25--Wall Street powerhouse Morgan Stanley began cutting 1,500 jobs, mostly in its investment banking and mutual fund divisions, one of at least 17 companies yesterday that announced they're shedding more than...

New York-Area Publishing Divisions Announce Major Book Deals.
April 26, 2001... Byline: Paul D. Colford Apr. 26--In the morning, the Knopf division of Random House Inc. announced a book deal with former Securities and Exchange Commission chairman Arthur Levitt. Hours later, the company's flagship Random House division...

Seven Employees of New York Brokerage Firm Admit Bilking Investors.
April 26, 2001... Byline: Barbara Ross Apr. 26--Seven employees of a corrupt brokerage firm pleaded guilty yesterday to trying to cheat investors out of $176 million. The seven all worked for Meyers Pollock Robbins, where 33 others have already pleaded...

Popular Music Star Jennifer Lopez to Debut Fashion Line.
April 26, 2001... Byline: Judith Schoolman Apr. 26--Pop diva Jennifer Lopez will unwrap a new line of sexy street-savvy fashions today in partnership with Andy Hilfiger, Tommy's younger brother -- aimed at bringing Latina glam to the masses. The "J.Lo...

Homes Sales Increase More Than 4 Percent in March.
April 26, 2001... Byline: David Andelman Apr. 26--Consumers who haven't been buying much of anything lately went on a binge for a roof over their heads with the second-biggest monthly spending spree for new and existing homes since records have been kept....

New York Times Delays Plans for Nation-Wide 11 O'Clock News.
April 26, 2001... Byline: Phyllis Furman Apr. 26--The New York Times isn't ready for its close-up yet. The newspaper's plans to co-produce a nightly 11 o'clock newscast called "National Edition" in partnership with MacNeil-Lehrer Productions have been...

New York Port Authority Demands Deposit from World Trade Center Bidder.
April 26, 2001... Byline: Eric Herman Apr. 26--The clock runs out today on developer Larry Silverstein's $3.22 billion bid to win control of the World Trade Center. The Port Authority has told the developer if he does not sign a deal and put down a...

Nasdaq Plans to Sell Its Own Shares to the Public.
April 27, 2001... Byline: Judith Schoolman Apr. 27--The Nasdaq announced plans yesterday to be the first U.S. stock market to sell its own shares to the public, with trading likely to begin on the Nasdaq itself sometime next year. "Offering shares to...

Daily News, New York, Publishing Column.
April 27, 2001... Byline: Paul D. Colford Apr. 27--NEWSWEEK EDITORS FACED a chorus of second-guessing yesterday for seeming to let another major story get away from them. Gregory Vistica was based in Newsweek's Washington bureau when editors decided not...

Deal Approved to Sell New York's World Trade Center for $3.2 Billion.
April 27, 2001... Byline: Eric Herman Apr. 27--After tense, all-night negotiations that continued until minutes before the start of its board meeting, the Port Authority of New York and New Jersey yesterday approved a deal to hand over the World Trade...

Yahoo Reduces Its Office Space in New York City.
April 27, 2001... Byline: David Andelman Apr. 27--Internet powerhouse Yahoo is slimming down in New York City. The Silicon Valley-based company is giving up more than a third of its Manhattan office space at 1065 Sixth Ave., across from Bryant Park, a...

Gross Domestic Product Increases in First Quarter.
April 28, 2001... Byline: Judith Schoolman Apr. 28--The economy chugged along at a stronger than expected pace earlier this year and consumers kept on spending, news that surprised investors yesterday who bought old economy and high-tech stocks alike. ...

Developers Plan Top-End Apparel Boutique in Harlem, N.Y.
April 30, 2001... Byline: Judith Schoolman Apr. 30--On a barren corner of W. 125th Street and 12th Avenue, in the shadow of the elevated West Side Highway, a former meat-smoking factory houses luxury dreams. A group of entrepreneurs hopes to turn the...

Daily News, New York, Guerrilla Investing Column.
April 30, 2001... Byline: Peter Siris Apr. 30--LAST MONDAY, I laid out a series of reasons why investors should buy auto retail stocks. It was a pretty good call. AutoNation was up 12 percent, Sonic Automotive 21 percent, Lithia 17 percent and United Auto...

Daily News, New York, Peter Siris Column.
April 30, 2001... Byline: Peter Siris Apr. 30--It is very comforting to believe in something. But the belief systems that are great in church on Sunday or temple on Saturday can be dangerous in the stock market the rest of the week. If you want to know...