21366025@unknown@formal@none@1@S@"I think he is trying to improperly influence a witness, and by God I'm not going to tolerate it," he says.@@@@1@21@@oe@2-2-2013
21366026@unknown@formal@none@1@S@Mr. Wall, however, is a self-proclaimed "child of the Senate" and former staff director of its Banking Committee.@@@@1@18@@oe@2-2-2013
21366027@unknown@formal@none@1@S@An inquiry into his handling of Lincoln S&L inevitably will drag in Sen. Cranston and the four others, Sens. Dennis DeConcini (D., Ariz.), John McCain (R., Ariz.), John Glenn (D., Ohio) and Donald Riegle (D., Mich.).@@@@1@36@@oe@2-2-2013
21366028@unknown@formal@none@1@S@They all attended a meeting in April 1987 questioning why a federal audit of Lincoln S&L had dragged on for two years.@@@@1@22@@oe@2-2-2013
21366029@unknown@formal@none@1@S@"I'm certain that in the course of the hearings the names {of the senators} will be brought out," Mr. Gonzalez says.@@@@1@21@@oe@2-2-2013
21366030@unknown@formal@none@1@S@This is raising eyebrows.@@@@1@4@@oe@2-2-2013
21366031@unknown@formal@none@1@S@"When I first got a glimpse at the witness list, I couldn't believe that they were going to go ahead and do this," says Michael Waldman, director of Congress Watch, a consumer group.@@@@1@33@@oe@2-2-2013
21366032@unknown@formal@none@1@S@"There are some witnesses who will be forced to testify about their meetings with senators."@@@@1@15@@oe@2-2-2013
21366033@unknown@formal@none@1@S@And a Democratic aide to a Banking Committee member remarks, "I too am astounded by it, because Gonzalez has certainly placed a lot of Democratic senators in a very bad position."@@@@1@31@@oe@2-2-2013
21366034@unknown@formal@none@1@S@All the senators say they merely were trying to ensure fairness for a constituent.@@@@1@14@@oe@2-2-2013
21366035@unknown@formal@none@1@S@Mr. Keating lives in Phoenix, and the California thrift's parent is an Ohio-chartered corporation with holdings in Michigan.@@@@1@18@@oe@2-2-2013
21366036@unknown@formal@none@1@S@Chairman Gonzalez expresses sympathy for Sen. Riegle, his counterpart as chairman of the Senate Banking Committee.@@@@1@16@@oe@2-2-2013
21366037@unknown@formal@none@1@S@"He's wise, he's good and I know he's an honest man," the Texan says.@@@@1@14@@oe@2-2-2013
21366038@unknown@formal@none@1@S@But at the same time, Mr. Gonzalez hasn't forgotten a confrontation over Mr. Wall during House-Senate negotiations over S&L bailout legislation during the summer.@@@@1@24@@oe@2-2-2013
21366039@unknown@formal@none@1@S@The Senate negotiators included Sens. Cranston and Riegle and Mr. Wall's principal sponsor, Republican Sen. Jake Garn of Utah.@@@@1@19@@oe@2-2-2013
21366040@unknown@formal@none@1@S@They were willing to trade important provisions in the bailout legislation to preserve Mr. Wall's job and to avoid a reconfirmation hearing in which he would be called upon to testify about Lincoln S&L.@@@@1@34@@oe@2-2-2013
21366041@unknown@formal@none@1@S@Most importantly, the Senate traded away the Bush administration's controversial plan to finance the bailout, which was partly reinstated later.@@@@1@20@@oe@2-2-2013
21366042@unknown@formal@none@1@S@At the time, Mr. Gonzalez said several senators told him that they "could get some roadblocks out of the way if there could be some understanding on Garn's insistence on Wall."@@@@1@31@@oe@2-2-2013
21366043@unknown@formal@none@1@S@Now Mr. Gonzalez is holding the equivalent of reconfirmation hearings anyway, under the guise of the Lincoln investigation.@@@@1@18@@oe@2-2-2013
21366044@unknown@formal@none@1@S@"In a way, that's what this is," Mr. Gonzalez concedes.@@@@1@10@@oe@2-2-2013
21366045@unknown@formal@none@1@S@Even some House Banking Committee members could suffer from the fallout.@@@@1@11@@oe@2-2-2013
21366046@unknown@formal@none@1@S@Mr. Keating raised $20,000 for Rep. Doug Barnard's 1986 re-election campaign while the Georgia Democrat was taking his side against regulators who wanted to curb risky investments and wholesale deposit brokering.@@@@1@31@@oe@2-2-2013
21366047@unknown@formal@none@1@S@He recently voted "present" when the committee authorized a subpoena to compel Mr. Keating to testify, then changed his vote to yes.@@@@1@22@@oe@2-2-2013
21366048@unknown@formal@none@1@S@But the chairman's supporters have the upper hand as federal regulators press a $1.1 billion fraud suit against Mr. Keating and others.@@@@1@22@@oe@2-2-2013
21366049@unknown@formal@none@1@S@Rep. Jim Leach (R., Iowa) says the Lincoln S&L affair is "the biggest bank heist in history," and adds: "The great question that remains to be resolved is whether we have a congressional Watergate in the making."@@@@1@37@@oe@2-2-2013
21366050@unknown@formal@none@1@S@A witness set to testify on Thursday was quoted in a news report over the weekend as saying Lincoln "laundered" campaign contributions illegally.@@@@1@23@@oe@2-2-2013
21366051@unknown@formal@none@1@S@But the witness, William Crawford, California's chief state thrift regulator, denies saying that.@@@@1@13@@oe@2-2-2013
21366052@unknown@formal@none@1@S@"I don't know whether it was done properly or not, because I'm not a lawyer," he said in a telephone interview yesterday.@@@@1@22@@oe@2-2-2013
21366053@unknown@formal@none@1@S@But he said he is prepared to testify that executives of Lincoln and its parent corporation got unusually high salaries and frequent calls directing them to make specific contributions.@@@@1@29@@oe@2-2-2013
21366054@unknown@formal@none@1@S@The committee also has summoned Mr. Wall's predecessor, Edwin Gray.@@@@1@10@@oe@2-2-2013
21366055@unknown@formal@none@1@S@He has characterized the five senators' roles as "tantamount to an attempt to subvert the . . . regulatory process," and he isn't expected to back down even though the five senators have disputed his account of a 1987 meeting.@@@@1@40@@oe@2-2-2013
21366056@unknown@formal@none@1@S@So the senators must brace themselves.@@@@1@6@@oe@2-2-2013
21366057@unknown@formal@none@1@S@Sen. Cranston, as he returned to the capital last week from a one-day trip to inspect earthquake damage in San Francisco, sighed to an aide: "Well, back to Keatingland.@@@@1@29@@oe@2-2-2013
21367001@unknown@formal@none@1@S@When Anne Volokh and her family immigrated to the U.S. 14 years ago, they started life in Los Angeles with only $400.@@@@1@22@@oe@2-2-2013
21367002@unknown@formal@none@1@S@They'd actually left the Soviet Union with $480, but during a stop in Italy Ms. Volokh dropped $80 on a black velvet suit.@@@@1@23@@oe@2-2-2013
21367003@unknown@formal@none@1@S@Not surprisingly, she quickly adapted to the American way.@@@@1@9@@oe@2-2-2013
21367004@unknown@formal@none@1@S@Three months after she arrived in L.A. she spent $120 she didn't have for a hat.@@@@1@16@@oe@2-2-2013
21367005@unknown@formal@none@1@S@("A turban," she specifies, "though it wasn't the time for that 14 years ago.@@@@1@14@@oe@2-2-2013
21367006@unknown@formal@none@1@S@But I loved turbans.")@@@@1@4@@oe@2-2-2013
21367007@unknown@formal@none@1@S@Since then she has become wealthy.@@@@1@6@@oe@2-2-2013
21367008@unknown@formal@none@1@S@Her husband and older son -- a computer prodigy profiled in The Wall Street Journal in 1981, when he was 13 -- run a software company with expected sales this year of $10 million.@@@@1@34@@oe@2-2-2013
21367009@unknown@formal@none@1@S@Most recently, she has become the publisher of Movieline, a four-year-old Los Angeles magazine that began national distribution last month, with an initial press run of 100,000 copies.@@@@1@28@@oe@2-2-2013
21367010@unknown@formal@none@1@S@Distributed by the Hearst Corp.'s Eastern News, the glossy publication melds Vanity Fair's gossipy archness and Premiere's earnest delving into behind-the-scenes minutiae, with a special emphasis on Tinseltown as fashion trendsetter.@@@@1@31@@oe@2-2-2013
21367011@unknown@formal@none@1@S@It's being sold through bookstores, newsstands and some video stores.@@@@1@10@@oe@2-2-2013
21367012@unknown@formal@none@1@S@Though Ms. Volokh is a small woman, she has an outsized personality and dramatic flair that seem perfectly suited to capitalism as it is practiced in Hollywood.@@@@1@27@@oe@2-2-2013
21367013@unknown@formal@none@1@S@Certainly life for her has changed considerably since the days in Kiev, when she lived with her parents, her husband and her two sons in a 2 1/2-room apartment in what she calls "silent internal immigration," dreaming of escape.@@@@1@39@@oe@2-2-2013
21367014@unknown@formal@none@1@S@Now, for example, she owns 48 hats.@@@@1@7@@oe@2-2-2013
21367015@unknown@formal@none@1@S@However, she remembers the lean years and recalls with relish wearing her first major American purchase -- that turban10 years later and having a Los Angeles boutique owner ask her if it was a Chanel.@@@@1@35@@oe@2-2-2013
21367016@unknown@formal@none@1@S@With obvious satisfaction, she says she told him: "No darling, I just give it a Chanel look."@@@@1@17@@oe@2-2-2013
21367017@unknown@formal@none@1@S@She keeps track of the rest of her hats by stapling Polaroid snapshots to the outside of each hatbox.@@@@1@19@@oe@2-2-2013
21367018@unknown@formal@none@1@S@Are the hats merely part of her new L.A. persona, along with the many ultra-thin Capri cigarettes she smokes, the parties she throws for 500 people, the Chekovian feasts she offers guests at her weekend place in Santa Barbara?@@@@1@39@@oe@2-2-2013
21367019@unknown@formal@none@1@S@"No, darling," she said recently in her fluent, slightly affected English, during a trip East to promote Movieline's national expansion.@@@@1@20@@oe@2-2-2013
21367020@unknown@formal@none@1@S@"You have to be born with it.@@@@1@7@@oe@2-2-2013
21367021@unknown@formal@none@1@S@I used to wear hats in Russia, but I had to make them and my dresses.@@@@1@16@@oe@2-2-2013
21367022@unknown@formal@none@1@S@On the hat side I wasn't getting what I wanted."@@@@1@10@@oe@2-2-2013
21367023@unknown@formal@none@1@S@Now 48 years old, Ms. Volokh has definite ideas about what she wants.@@@@1@13@@oe@2-2-2013
21367024@unknown@formal@none@1@S@At Movieline, she wants "specific paragraphing, specific tone, a specific attitude -- bright and bold and tongue-in-cheek."@@@@1@17@@oe@2-2-2013
21367025@unknown@formal@none@1@S@In restaurants (in this case, the Russian Samovar, a New York restaurant operated by and for Soviet emigres), she didn't want the chirpy, folkish music bouncing through the room.@@@@1@29@@oe@2-2-2013
21367026@unknown@formal@none@1@S@"You people here think this is Russian music," she said with disdain, and called over to the waitress: "Could you turn it off?"@@@@1@23@@oe@2-2-2013
21367027@unknown@formal@none@1@S@That done, Ms. Volokh spoke with rampant eloquence about the many attributes she feels she was born with: an understanding of food, business, Russian culture, human nature, and parties.@@@@1@29@@oe@2-2-2013
21367028@unknown@formal@none@1@S@"Parties are rather a state of mind," she said, pausing only to taste and pass judgment on the Georgian shashlik ("a little well done, but very good").@@@@1@27@@oe@2-2-2013
21367029@unknown@formal@none@1@S@"If you are born to give parties, you give parties.@@@@1@10@@oe@2-2-2013
21367030@unknown@formal@none@1@S@Even in Russia we managed to give parties.@@@@1@8@@oe@2-2-2013
21367031@unknown@formal@none@1@S@In Los Angeles, in our lean years, we gave parties."@@@@1@10@@oe@2-2-2013
21367032@unknown@formal@none@1@S@As publisher of a magazine devoted to movies as guideposts for fashion and other fantasies, Ms. Volokh sees her party-giving as an important part of business.@@@@1@26@@oe@2-2-2013
21367033@unknown@formal@none@1@S@She has thrown extravagant soirees for crowds of people, but prefers more intimate gatherings.@@@@1@14@@oe@2-2-2013
21367034@unknown@formal@none@1@S@"At American cocktail parties everyone's always looking over your shoulder to see who they can talk to next.@@@@1@18@@oe@2-2-2013
21367035@unknown@formal@none@1@S@I like rather tea, because it is at the end of the day."@@@@1@13@@oe@2-2-2013
21367036@unknown@formal@none@1@S@She serves high Russian tea, at 5 p.m.@@@@1@8@@oe@2-2-2013
21367037@unknown@formal@none@1@S@"It's supposed to be later but I just moved it.@@@@1@10@@oe@2-2-2013
21367038@unknown@formal@none@1@S@In Los Angeles, it's important to catch people just after work."@@@@1@11@@oe@2-2-2013
21367039@unknown@formal@none@1@S@She also frequently invites directors, producers, actors, writers and other show business people for "coffee and clips in the pleasure dome."@@@@1@21@@oe@2-2-2013
21367040@unknown@formal@none@1@S@Guests bring movies on tape, and show their favorite three-to-five minute segments on the screen that unrolls from the ceiling of the Volokhs' art-nouveau library ("the pleasure dome").@@@@1@28@@oe@2-2-2013
21367041@unknown@formal@none@1@S@They eat "sinful and sensual things" -- and explain their clips.@@@@1@11@@oe@2-2-2013
21367042@unknown@formal@none@1@S@"It's very revealing and soul baring," said Ms. Volokh.@@@@1@9@@oe@2-2-2013
21367043@unknown@formal@none@1@S@The idea for Movieline actually was dreamed up by an old friend of the Volokhs, Boris Krutchensky (who has the title of co-publisher), and Laurie Halpern Smith, now the magazine's co-editor.@@@@1@31@@oe@2-2-2013
21367044@unknown@formal@none@1@S@Mr. Krutchensky approached Ms. Volokh five years ago about backing the publication, which started out as a listing guide.@@@@1@19@@oe@2-2-2013
21367045@unknown@formal@none@1@S@She was interested only if she could guide it editorially as well.@@@@1@12@@oe@2-2-2013
21367046@unknown@formal@none@1@S@"Anne doesn't believe in blandness," said Ms. Smith.@@@@1@8@@oe@2-2-2013
21367047@unknown@formal@none@1@S@"She wants things to be exciting.@@@@1@6@@oe@2-2-2013
21367048@unknown@formal@none@1@S@And she has this inexhaustible energy.@@@@1@6@@oe@2-2-2013
21367049@unknown@formal@none@1@S@She'll think of an idea the editorial people think is impossible, then she'll have us make it work."@@@@1@18@@oe@2-2-2013
21367050@unknown@formal@none@1@S@In fact, Ms. Volokh wasn't just a rich lady who needed a hobby.@@@@1@13@@oe@2-2-2013
21367051@unknown@formal@none@1@S@Back in the Soviet Union she was a respected journalist, writing a weekly column about the national cuisine for Sunday Izvestia.@@@@1@21@@oe@2-2-2013
21367052@unknown@formal@none@1@S@Those columns -- vivid discussions of the cultural and literary reverberations of food as well as practical advice on how to glamorize dreary Sovietized meals -- became the basis for her erudite and entertaining cookbook, "The Art of Russian Cuisine," brought out in 1983 by Macmillan Publishing Co.@@@@1@48@@oe@2-2-2013
21367053@unknown@formal@none@1@S@"I don't trust people who don't eat," said Ms. Volokh, though she herself stopped eating lunch a few years ago to drop 25 pounds.@@@@1@24@@oe@2-2-2013
21367054@unknown@formal@none@1@S@"Look at Dostoevski and Kafka.@@@@1@5@@oe@2-2-2013
21367055@unknown@formal@none@1@S@No one ever eats in their books and look at them. . . .@@@@1@14@@oe@2-2-2013
21367056@unknown@formal@none@1@S@Tolstoy's characters eat, Pushkin's, Gogol's."@@@@1@5@@oe@2-2-2013
21367057@unknown@formal@none@1@S@In her cookbook, which Macmillan is bringing out in soft cover this month (with the blini recipe revised so it works), she introduces each chapter with appropriate quotations from Russian literature: Pushkin on blini, Goncharov on piroghi.@@@@1@37@@oe@2-2-2013
21367058@unknown@formal@none@1@S@In life, she offers practical dieting advice: "Divide your meals into important and unimportant.@@@@1@14@@oe@2-2-2013
21367059@unknown@formal@none@1@S@In a great restaurant, don't deprive yourself.@@@@1@7@@oe@2-2-2013
21367060@unknown@formal@none@1@S@The other meals don't matter."@@@@1@5@@oe@2-2-2013
21367061@unknown@formal@none@1@S@Amusing as she is, and frivolous as she can seem, this is a serious person with some difficult memories.@@@@1@19@@oe@2-2-2013
21367062@unknown@formal@none@1@S@She was the child of relative privilege.@@@@1@7@@oe@2-2-2013
21367063@unknown@formal@none@1@S@Her mother was a translator; her father was "the eternal vice director."@@@@1@12@@oe@2-2-2013
21367064@unknown@formal@none@1@S@"I emigrated to wear better hats, do better parties," she said with a giggle.@@@@1@14@@oe@2-2-2013
21367065@unknown@formal@none@1@S@"But we shouldn't leave out political reasons, number one.@@@@1@9@@oe@2-2-2013
21367066@unknown@formal@none@1@S@You try to maintain your dignity under difficult circumstances.@@@@1@9@@oe@2-2-2013
21367067@unknown@formal@none@1@S@One cannot imagine how you live when you live those double and triple lives."@@@@1@14@@oe@2-2-2013
21367068@unknown@formal@none@1@S@By 1973, after their second child was born, it had become clear to Ms. Volokh and her husband Vladimir, a computer scientist, that they wanted to leave the U.S.S.R.@@@@1@29@@oe@2-2-2013
21367069@unknown@formal@none@1@S@Ms. Volokh quit her job, to remove herself from the public eye.@@@@1@12@@oe@2-2-2013
21367070@unknown@formal@none@1@S@The wait was miserable.@@@@1@4@@oe@2-2-2013
21367071@unknown@formal@none@1@S@Before granting Ms. Volokh's parents a visa, the government required her mother to obtain permission from her first husband, whom she had divorced 38 years earlier.@@@@1@26@@oe@2-2-2013
21367072@unknown@formal@none@1@S@Mr. Volokh was fired from his job, and had to endure hours of organized verbal abuse from his co-workers, accusations of sabotage and counterrevolutionary activities.@@@@1@25@@oe@2-2-2013
21367073@unknown@formal@none@1@S@The Volokhs were afraid that they'd end up like a friend of theirs who'd applied for a visa and waited for 10 years, having been demoted from his profession of theoretical mathematician to shipping clerk.@@@@1@35@@oe@2-2-2013
21367074@unknown@formal@none@1@S@They didn't.@@@@1@2@@oe@2-2-2013
21367075@unknown@formal@none@1@S@Their visa came in relatively short order, and they moved to Los Angeles.@@@@1@13@@oe@2-2-2013
21367076@unknown@formal@none@1@S@Mr. Volokh soon found work in his field, but Ms. Volokh refused the obvious and available occupation-as translatorfor a Russian who spoke fluent English.@@@@1@24@@oe@2-2-2013
21367077@unknown@formal@none@1@S@"That's always looking back," she said.@@@@1@6@@oe@2-2-2013
21367078@unknown@formal@none@1@S@"I wanted to be in business."@@@@1@6@@oe@2-2-2013
21367079@unknown@formal@none@1@S@On the way to that goal, she received her first U.S. paycheck for proofreading a book of Polish poetry, attended secretarial school, then went to work for a fund-raising organization.@@@@1@30@@oe@2-2-2013
21367080@unknown@formal@none@1@S@Soon she was running the office.@@@@1@6@@oe@2-2-2013
21367081@unknown@formal@none@1@S@When her husband and son founded their computer company, Vesoft, she worked as business manager, bookkeeper and publicist.@@@@1@18@@oe@2-2-2013
21367082@unknown@formal@none@1@S@Now Movieline is located in the same building as Vesoft.@@@@1@10@@oe@2-2-2013
21367083@unknown@formal@none@1@S@"Things work out unexpectedly in life," said Ms. Volokh.@@@@1@9@@oe@2-2-2013
21367084@unknown@formal@none@1@S@"You never know if you'll be chosen to be the scapegoat or the lucky one.@@@@1@15@@oe@2-2-2013
21367085@unknown@formal@none@1@S@We were lucky.@@@@1@3@@oe@2-2-2013
21368001@unknown@formal@none@1@S@William D. Forrester, president of the U.S.-U.S.S.R. Trade and Economic Council, has a warning for U.S. companies trying to do business in the Soviet Union.@@@@1@25@@oe@2-2-2013
21368002@unknown@formal@none@1@S@"It's an extremely complex market, and you have to be prepared to make a big commitment," Mr. Forrester says.@@@@1@19@@oe@2-2-2013
21368003@unknown@formal@none@1@S@"We are not trying to encourage everyone."@@@@1@7@@oe@2-2-2013
21368004@unknown@formal@none@1@S@Undeterred by such words of caution, corporate America is flocking to Moscow, lured by a huge untapped market and Mikhail Gorbachev's attempt to overhaul the Soviet economy.@@@@1@27@@oe@2-2-2013
21368005@unknown@formal@none@1@S@Doing business with the Russians, once the pursuit of a handful of hardened veterans, has become the goal of such major companies as General Motors Corp., Federal Express Corp. and Procter & Gamble Co., as well as a cluster of smaller firms.@@@@1@42@@oe@2-2-2013
21368006@unknown@formal@none@1@S@Reflecting the new-found interest, more than 140 U.S. companies are taking part in a Moscow exhibition organized by Mr. Forrester's trade group.@@@@1@22@@oe@2-2-2013
21368007@unknown@formal@none@1@S@But while U.S. interest may be big and growing, the difficulties that have stymied deals in the past show no sign of abating.@@@@1@23@@oe@2-2-2013
21368008@unknown@formal@none@1@S@Alongside the old problems of a non-convertible currency and an inpenetrable bureaucracy, Western business executives must now grapple with new complexities linked to perestroika, the restructuring of the Soviet economy.@@@@1@30@@oe@2-2-2013
21368009@unknown@formal@none@1@S@Executives say Mr. Gorbachev's moves to break up the government's foreign trade monopoly have created uncertainties as well as opportunities.@@@@1@20@@oe@2-2-2013
21368010@unknown@formal@none@1@S@Changing legislation has opened the field to thousands of inexperienced Soviet players, many who promise more than they can deliver.@@@@1@20@@oe@2-2-2013
21368011@unknown@formal@none@1@S@And some foreign firms are finding that even when they manage to overcome such hurdles, their ventures now have to be endorsed by such unpredictable bodies as the Soviet parliament and the governments of the nation's republics.@@@@1@37@@oe@2-2-2013
21368012@unknown@formal@none@1@S@"You have to go out to all your constituents," says James H. Giffen, who is spearheading the most ambitious attempt by U.S. firms to break into the Soviet market, involving investment of more than $5 billion in some two dozen joint ventures.@@@@1@42@@oe@2-2-2013
21368013@unknown@formal@none@1@S@As part of that attempt, by the American Trade Consortium, Mr. Giffen says he spends a lot of time lobbying.@@@@1@20@@oe@2-2-2013
21368014@unknown@formal@none@1@S@Growing public fears about the Soviet environment is one new factor affecting some joint-venture plans.@@@@1@15@@oe@2-2-2013
21368015@unknown@formal@none@1@S@Over the past two years, Soviet ministries have been talking to international firms, including Occidental Petroleum Co. and Combustion Engineering Inc. of the U.S., Montedison S.p.A. of Italy and several Japanese groups, about jointly building and operating several big petrochemical plants.@@@@1@41@@oe@2-2-2013
21368016@unknown@formal@none@1@S@The plans have come under fire from Soviet environmentalists, and officials say many are likely to be scaled back or dropped.@@@@1@21@@oe@2-2-2013
21368017@unknown@formal@none@1@S@Whatever the difficulties, Mr. Gorbachev remains committed to increasing foreign trade.@@@@1@11@@oe@2-2-2013
21368018@unknown@formal@none@1@S@For political as well as economic reasons, U.S. companies are at the top of his priorities -- a point he underscored by spending two hours walking around the U.S. trade show last week.@@@@1@33@@oe@2-2-2013
21368019@unknown@formal@none@1@S@Talking to a small group of U.S. executives afterwards, Mr. Gorbachev appeared impatient for a big expansion in U.S.-Soviet trade, which now amounts to a meager $3 billion annually.@@@@1@29@@oe@2-2-2013
21368020@unknown@formal@none@1@S@The U.S. ranks fourth of countries that have concluded joint ventures, behind West Germany, Finland and Italy.@@@@1@17@@oe@2-2-2013
21368021@unknown@formal@none@1@S@According to several people present at the meeting, Mr. Gorbachev also supported the idea of concluding several commercial accords with the U.S., possibly at his next summit meeting with President Bush.@@@@1@31@@oe@2-2-2013
21368022@unknown@formal@none@1@S@Judging by the crush at the exhibition, deprived Soviet consumers are more than ready for U.S. products.@@@@1@17@@oe@2-2-2013
21368023@unknown@formal@none@1@S@Hundreds of people lined up every day at the Colgate-Palmolive Co. stand to receive a free tube of toothpaste, a commodity in chronically short supply here.@@@@1@26@@oe@2-2-2013
21368024@unknown@formal@none@1@S@And unruly crowds at RJR Nabisco Inc.'s booth almost knocked over a glass showcase in the rush to get a free Camel cigarette sticker.@@@@1@24@@oe@2-2-2013
21368025@unknown@formal@none@1@S@Some U.S. products are filtering into the Soviet market under an emergency import program.@@@@1@14@@oe@2-2-2013
21368026@unknown@formal@none@1@S@Both Colgate and Procter & Gamble have received big orders for toothpaste, soap and detergents.@@@@1@15@@oe@2-2-2013
21368027@unknown@formal@none@1@S@The American Trade Consortium says it is planning to ship some $500 million of consumer goods, financed by bank credits, in the first few months of next year.@@@@1@28@@oe@2-2-2013
21368028@unknown@formal@none@1@S@But the current Soviet purchasing spree may be a one-time affair.@@@@1@11@@oe@2-2-2013
21368029@unknown@formal@none@1@S@The goal of most U.S. firms -- joint ventures -- remains elusive.@@@@1@12@@oe@2-2-2013
21368030@unknown@formal@none@1@S@Because the Soviet ruble isn't convertible into dollars, marks and other Western currencies, companies that hope to set up production facilities here must either export some of the goods to earn hard currency or find Soviet goods they can take in a counter-trade transaction.@@@@1@44@@oe@2-2-2013
21368031@unknown@formal@none@1@S@International competition for the few Soviet goods that can be sold on world markets is heating up, however.@@@@1@18@@oe@2-2-2013
21368032@unknown@formal@none@1@S@Shelley M. Zeiger, an entrepreneur from New Jersey who buys Soviet porcelain and "matryoshka" nesting dolls for export to the U.S., says West German companies already have snapped up much of the production of these items.@@@@1@36@@oe@2-2-2013
21368033@unknown@formal@none@1@S@Seeking to overcome the currency problems, Mr. Giffen's American Trade Consortium, which comprises Chevron Corp., RJR, Johnson & Johnson, Eastman Kodak Co., and Archer-Daniels-Midland Co., has concocted an elaborate scheme to share out dollar earnings, largely from the revenues of a planned Chevron oil project.@@@@1@45@@oe@2-2-2013
21368034@unknown@formal@none@1@S@Several medical concerns, including Pfizer Inc., Hewlett-Packard Co., Colgate and Abbott Laboratories intend to pursue a similar consortium approach.@@@@1@19@@oe@2-2-2013
21368035@unknown@formal@none@1@S@"It's hard to invest capital here on the same basis as investing in other countries," says Dennis A. Sokol, president of Medical Service Partners Inc., who is putting the medical consortium together.@@@@1@32@@oe@2-2-2013
21368036@unknown@formal@none@1@S@Some U.S. entrepreneurs operate on a smaller scale.@@@@1@8@@oe@2-2-2013
21368037@unknown@formal@none@1@S@One group seeks to publish a U.S.-Soviet medical journal in conjunction with the U.S.S.R. Ministry of Health.@@@@1@17@@oe@2-2-2013
21368038@unknown@formal@none@1@S@According to Richard P. Mills, a Boston-based official of the U.S. partner, 10,000 copies of the quarterly will be printed in Russian from next year.@@@@1@25@@oe@2-2-2013
21368039@unknown@formal@none@1@S@It will be financed by advertisements from U.S. companies and by simultaneous publication of an English-language journal containing details of Soviet medical advancements.@@@@1@23@@oe@2-2-2013
21368040@unknown@formal@none@1@S@"We found a market niche," Mr. Mills boasts.@@@@1@8@@oe@2-2-2013
21368041@unknown@formal@none@1@S@"It's truly entrepreneurial.@@@@1@3@@oe@2-2-2013
21369001@unknown@formal@none@1@S@General Electric Co. was given an $89.6 million Navy contract for nuclear propulsion parts.@@@@1@14@@oe@2-2-2013
21369002@unknown@formal@none@1@S@Westinghouse Electric Corp. also won a $75.5 million Navy contract for nuclear propulsion parts.@@@@1@14@@oe@2-2-2013
21369003@unknown@formal@none@1@S@Federal Data Corp. was issued a $14.5 million Navy contract for computer systems.@@@@1@13@@oe@2-2-2013
21369004@unknown@formal@none@1@S@American Telephone & Telegraph Co. was awarded an $11.5 million Navy contract for oceanographic services.@@@@1@15@@oe@2-2-2013
21370001@unknown@formal@none@1@S@Cray Research Inc. said it sold one of its newest and largest computer systems, the Cray Y-MP/832, to the United Kingdom Meteorological Office.@@@@1@23@@oe@2-2-2013
21370002@unknown@formal@none@1@S@The system is the first to be sold through the joint marketing agreement between Cray and Control Data Corp.@@@@1@19@@oe@2-2-2013
21370003@unknown@formal@none@1@S@The supercomputer, which lists for $18.5 million, will be installed in the first quarter of 1990 in the meteorological office's headquarters in Bracknell, England.@@@@1@24@@oe@2-2-2013
21371001@unknown@formal@none@1@S@Shareholders of Nuovo Banco Ambrosiano S.p.A. voted to accept a bid of 5,500 lire ($4.03) a share by France's Credit Agricole for 13.32% of the bank, rejecting an earlier, equal offer by Italy's Assicurazioni Generali S.p.A.@@@@1@36@@oe@2-2-2013
21371002@unknown@formal@none@1@S@The move will give Nuovo Banco a badly needed foreign presence, and make Credit Agricole the bank's largest shareholder.@@@@1@19@@oe@2-2-2013
21371003@unknown@formal@none@1@S@It also opens a rift in the bank's shareholders' syndicate that could lead to a battle for control of the concern.@@@@1@21@@oe@2-2-2013
21371004@unknown@formal@none@1@S@Nuovo Banco will become Italy's biggest private-sector bank when it completes its scheduled merger with Banca Cattolica del Venetoen by year end.@@@@1@22@@oe@2-2-2013
21371005@unknown@formal@none@1@S@Credit Agricole asked a Milan court to sequester the Nuovo Banco shares, the Italian news agency ANSA reported.@@@@1@18@@oe@2-2-2013
21371006@unknown@formal@none@1@S@The tribunal is scheduled to rule on the request Friday.@@@@1@10@@oe@2-2-2013
21371007@unknown@formal@none@1@S@No reason for the request was given.@@@@1@7@@oe@2-2-2013
21371008@unknown@formal@none@1@S@Credit Agricole officials couldn't be immediately reached for comment.@@@@1@9@@oe@2-2-2013
21371009@unknown@formal@none@1@S@The decision to accept Credit Agricole's bid, valued at 283.3 billion lire ($207.4 million), came after a stormy weekend meeting.@@@@1@20@@oe@2-2-2013
21371010@unknown@formal@none@1@S@Nuovo Banco's second largest shareholder, the Fiat S.p.A.-controlled investment concern, Gemina S.p.A., fought to have Generali's offer approved.@@@@1@18@@oe@2-2-2013
21371011@unknown@formal@none@1@S@Gemina, which owns 13.26% of Nuovo Banco, abstained in the final vote on Credit Agricole, which was nonetheless approved by a majority of shareholders.@@@@1@24@@oe@2-2-2013
21371012@unknown@formal@none@1@S@The linkup with Credit Agricole will give Nuovo Banco its first foreign presence since it was formed from the wreck of the old Banco Ambrosiano, which collapsed amid scandal after the death of Chairman Roberto Calvi in 1982.@@@@1@38@@oe@2-2-2013
21371013@unknown@formal@none@1@S@Since then, the bank has strengthened its Italian network, and has posted strong results.@@@@1@14@@oe@2-2-2013
21371014@unknown@formal@none@1@S@"The shareholders felt we needed a foreign presence more than we needed links with an insurance company," an Ambrosiano spokeswoman said.@@@@1@21@@oe@2-2-2013
21371015@unknown@formal@none@1@S@Gemina said in a statement that "it reserves the right to take any action to protect its rights as a member of the syndicate."@@@@1@24@@oe@2-2-2013
21371016@unknown@formal@none@1@S@A company spokeswoman said the company hadn't decided what measures to take, but didn't rule out legal action.@@@@1@18@@oe@2-2-2013
21371017@unknown@formal@none@1@S@Generali, Italy's biggest insurer, last month offered 5,500 lire a share for the Nuovo Banco stake held by Banco Popolare di Milano, the bank's largest shareholder, which announced plans to sell the holdings earlier this year.@@@@1@36@@oe@2-2-2013
21371018@unknown@formal@none@1@S@A Generali spokesman declined to comment on Nuovo Banco's rejection of the insurer's offer.@@@@1@14@@oe@2-2-2013
21371019@unknown@formal@none@1@S@On the Milan stock exchange, Nuovo Banco's shares jumped to 4,830 lire each from 4,695 lire Friday.@@@@1@17@@oe@2-2-2013
21372001@unknown@formal@none@1@S@Qintex Australia Ltd., a media and resorts concern controlled by Australian entrepreneur Christopher Skase, announced a plan to restructure and sell assets to try to ease its financial problems.@@@@1@29@@oe@2-2-2013
21372002@unknown@formal@none@1@S@Mr. Skase, a 41-year-old former newspaper reporter who chairs the company, said in a statement that Qintex will sell its 51% stake in its upscale Mirage resorts in Australia and Hawaii as well as three Australian television stations.@@@@1@38@@oe@2-2-2013
21372003@unknown@formal@none@1@S@The sales are expected to raise more than 600 million Australian dollars (US$462.2 million), Mr. Skase said.@@@@1@17@@oe@2-2-2013
21372004@unknown@formal@none@1@S@Qintex Australia hasn't disclosed its borrowings, but analysts estimate the company's debt at A$1.2 billion.@@@@1@15@@oe@2-2-2013
21372005@unknown@formal@none@1@S@Mr. Skase also said the restructuring plan calls for the merger of Qintex Australia with Qintex Ltd., which owns 55% of Qintex Australia.@@@@1@23@@oe@2-2-2013
21372006@unknown@formal@none@1@S@He said the move will "significantly reduce administrative and operating costs," but he didn't provide details of the merger.@@@@1@19@@oe@2-2-2013
21372007@unknown@formal@none@1@S@Company officials said over the weekend that Qintex Australia's bank creditors have become concerned about a barrage of bad news at the company, including a failed US$1.5 billion plan to buy MGM/UA Communications Co., a Beverly Hills, Calif., movie and television production concern.@@@@1@43@@oe@2-2-2013
21372008@unknown@formal@none@1@S@Friday, Qintex Entertainment Inc., a 43%-owned U.S. affiliate, filed for protection from creditor lawsuits under Chapter 11 of the U.S. Bankruptcy Code.@@@@1@22@@oe@2-2-2013
21372009@unknown@formal@none@1@S@Analysts predicted that the move would further shake creditor confidence in Qintex Australia and force it to sell assets.@@@@1@19@@oe@2-2-2013
21372010@unknown@formal@none@1@S@The company's latest moves were disclosed after the Australian Stock Exchange suspended trading in shares of Qintex Australia and Qintex Ltd. because the companies hadn't answered an exchange inquiry about the extent of their loans, investments and deposits at Qintex Entertainment.@@@@1@41@@oe@2-2-2013
21372011@unknown@formal@none@1@S@Mr. Skase's statement was addressed to the stock exchange and appeared to be a response to the inquiry.@@@@1@18@@oe@2-2-2013
21372012@unknown@formal@none@1@S@It said Qintex Entertainment owes Qintex Australia US$38.1 million in loans not secured by specific assets.@@@@1@16@@oe@2-2-2013
21372013@unknown@formal@none@1@S@Qintex Australia also said it has an investment of A$83.3 million in Qintex Entertainment shares.@@@@1@15@@oe@2-2-2013
21372014@unknown@formal@none@1@S@In the statement, Mr. Skase said that on the basis of current interest rates in Australia, the company's asset sales would reduce interest expense by about A$120 million a year in addition to eliminating certain liabilities.@@@@1@36@@oe@2-2-2013
21372015@unknown@formal@none@1@S@In March, Qintex sold 49% of the three Mirage resorts to Japan's Nippon Shinpan Co. and Mitsui & Co. for A$433 million.@@@@1@22@@oe@2-2-2013
21372016@unknown@formal@none@1@S@Yesterday's statement didn't say whether the Japanese companies will acquire Qintex's remaining stake in the resorts.@@@@1@16@@oe@2-2-2013
21372017@unknown@formal@none@1@S@Before its shares were suspended from trading, Qintex Australia plunged to 16 Australian cents (12 U.S. cents) a share yesterday from 33 Australian cents Friday.@@@@1@25@@oe@2-2-2013
21372018@unknown@formal@none@1@S@The shares traded at about A$1.50 in March, when the plan to acquire MGM/UA was announced.@@@@1@16@@oe@2-2-2013
21372019@unknown@formal@none@1@S@Qintex Ltd. shares sank to A$1.50 yesterday from A$3.05 Friday.@@@@1@10@@oe@2-2-2013
21372020@unknown@formal@none@1@S@Mr. Skase's statement cited four recent problems that he said had cut group cash flow by more than A$200 million.@@@@1@20@@oe@2-2-2013
21372021@unknown@formal@none@1@S@They were what he called an "unlawful termination" by MGM/UA of the acquisition agreement with Qintex, high Australian interest rates, a pilots' strike at Australian domestic airlines that cut revenue at the company's Australian resorts and delays in completing a sale of two regional TV stations in Queensland state.@@@@1@49@@oe@2-2-2013
21372022@unknown@formal@none@1@S@MGM/UA has sued Qintex Australia for breach of contract and fraud over the collapsed acquisition agreement, and Qintex Australia has threatened a countersuit.@@@@1@23@@oe@2-2-2013
21372023@unknown@formal@none@1@S@Qintex Australia hasn't yet reported results for the fiscal year ended July 31.@@@@1@13@@oe@2-2-2013
21372024@unknown@formal@none@1@S@In his statement, Mr. Skase said preliminary accounts showed that group profit before interest, tax and depreciation "will exceed A$170 million."@@@@1@21@@oe@2-2-2013
21372025@unknown@formal@none@1@S@He gave no further details.@@@@1@5@@oe@2-2-2013
21372026@unknown@formal@none@1@S@Shareholders' funds as of July 31 were estimated at more than A$1 billion, Mr. Skase said, compared with A$725 million a year earlier.@@@@1@23@@oe@2-2-2013
21372027@unknown@formal@none@1@S@The company will make "adequate provisions" to cover costs of the dispute with MGM/UA and any loss from the investment in Qintex Entertainment, he said.@@@@1@25@@oe@2-2-2013
21372028@unknown@formal@none@1@S@Mr. Skase also disclosed a disagreement among directors of Qintex Australia over certain fees claimed by Qintex Group Management Services Pty., a management-services concern in which Qintex Australia executives have an interest.@@@@1@32@@oe@2-2-2013
21372029@unknown@formal@none@1@S@Qintex Australia paid the management company A$32.6 million in the latest fiscal year.@@@@1@13@@oe@2-2-2013
21372030@unknown@formal@none@1@S@Mr. Skase said most of the money went to other parties for expenses such as rent and travel, but a smaller portion is owed to senior executives and others for management services.@@@@1@32@@oe@2-2-2013
21372031@unknown@formal@none@1@S@Non-executive directors of Qintex Australia, who must approve payments to the senior executives, balked at the amount.@@@@1@17@@oe@2-2-2013
21372032@unknown@formal@none@1@S@Two of the directors resigned, Mr. Skase said, so the payments haven't yet been approved.@@@@1@15@@oe@2-2-2013
21373001@unknown@formal@none@1@S@Chip's Memory Is Here Today, Here Tomorrow@@@@1@7@@oe@2-2-2013
21373002@unknown@formal@none@1@S@TWO COMPANIES plan to market a new chip with ceramic circuits that store data even when the power is off.@@@@1@20@@oe@2-2-2013
21373003@unknown@formal@none@1@S@Today's most widely used data-storing chips have "volatile" memories -- their data disappear if they aren't fed a steady diet of electricity, so they need external power supplies.@@@@1@28@@oe@2-2-2013
21373004@unknown@formal@none@1@S@National Semiconductor Corp. and a start-up named Ramtron Corp. plan to start shipping so-called ferroelectric memories, which can remember data for at least 10 years without any current flowing to them.@@@@1@31@@oe@2-2-2013
21373005@unknown@formal@none@1@S@The chips use materials, such as lead zirconate titanate, to form microscopic switches that retain their data without electricity.@@@@1@19@@oe@2-2-2013
21373006@unknown@formal@none@1@S@Developers caution that broad applications are several years away because the technology isn't fully refined.@@@@1@15@@oe@2-2-2013
21373007@unknown@formal@none@1@S@But Ramtron of Colorado Springs, Colo., plans to start shipping commercial quantities of simple ferroelectric chips in December.@@@@1@18@@oe@2-2-2013
21373008@unknown@formal@none@1@S@The company expects the chips eventually to be used in devices that mimic a whole range of computer memory equipment, including floppy-disk and hard-disk drives.@@@@1@25@@oe@2-2-2013
21373009@unknown@formal@none@1@S@National Semiconductor is getting ferroelectric technology from Krysalis Corp. in Albuquerque, N.M.@@@@1@12@@oe@2-2-2013
21373010@unknown@formal@none@1@S@National says it agreed to acquire Krysalis's assets and will start shipping commercial quantities of its first chips, including a 4-kilobit memory, next year.@@@@1@24@@oe@2-2-2013
21373011@unknown@formal@none@1@S@Once production hurdles are overcome, the chips could take over a significant part of the market.@@@@1@16@@oe@2-2-2013
21373012@unknown@formal@none@1@S@In addition to not needing an outside power source, they are potentially cheaper to make because they require fewer manufacturing steps than conventional chips.@@@@1@24@@oe@2-2-2013
21373013@unknown@formal@none@1@S@Military buyers have shown interest, National says, because ferroelectric chips resist atomic radiation.@@@@1@13@@oe@2-2-2013
21373014@unknown@formal@none@1@S@And while today's non-volatile chips -- such as electronically erasable programmable read-only memory chips -- can't be used in a computer's central memory because they "learn" data slowly, ferroelectric chips accept data at very high speeds.@@@@1@36@@oe@2-2-2013
21373015@unknown@formal@none@1@S@Showing Up in Court Without Being There@@@@1@7@@oe@2-2-2013
21373016@unknown@formal@none@1@S@AN AUSTIN, Texas, company plans to make it easy for you show up in court a thousand miles away without leaving town.@@@@1@22@@oe@2-2-2013
21373017@unknown@formal@none@1@S@Witnesses often must travel long distances to give face-to-face depositions before lawyers and court reporters.@@@@1@15@@oe@2-2-2013
21373018@unknown@formal@none@1@S@That means huge travel bills.@@@@1@5@@oe@2-2-2013
21373019@unknown@formal@none@1@S@And telephone or videotape depositions just don't match physical encounters.@@@@1@10@@oe@2-2-2013
21373020@unknown@formal@none@1@S@That could change, thanks to lower long-distance rates and cheaper electronics.@@@@1@11@@oe@2-2-2013
21373021@unknown@formal@none@1@S@Video Telecom Corp., which markets videoconferencing systems, is working with court reporters to wire a nationwide network to allow depositions by live television.@@@@1@23@@oe@2-2-2013
21373022@unknown@formal@none@1@S@The company installed a prototype system that connects Dallas with Miami over digital phone lines.@@@@1@15@@oe@2-2-2013
21373023@unknown@formal@none@1@S@And it is preparing to set up shop in Chicago, New York and 10 other cities where court-reporting agencies can tie conference rooms into the network.@@@@1@26@@oe@2-2-2013
21373024@unknown@formal@none@1@S@While lawyers arranged individual tie-ups before, the formal network of court reporters should make things easier and cheaper.@@@@1@18@@oe@2-2-2013
21373025@unknown@formal@none@1@S@An attorney will be able to use the network for an hourly fee of between $200 and $400, depending on the quality of the picture, to take depositions from witnesses in any of the connected cities.@@@@1@36@@oe@2-2-2013
21373026@unknown@formal@none@1@S@Japanese Reverse Tack On Patent Protection@@@@1@6@@oe@2-2-2013
21373027@unknown@formal@none@1@S@JAPAN'S MISUSE of U.S. patents has been a sore point for American chip makers.@@@@1@14@@oe@2-2-2013
21373028@unknown@formal@none@1@S@Now at least one Japanese company is turning the courtroom tables.@@@@1@11@@oe@2-2-2013
21373029@unknown@formal@none@1@S@Until now, most Japanese charges have been responses to suits against them.@@@@1@12@@oe@2-2-2013
21373030@unknown@formal@none@1@S@But last year Hitachi Ltd. surprised Japan's electronics industry when it accused Korea's Samsung Electronics Co. of using Hitachi technology to make dynamic random-access memory chips.@@@@1@26@@oe@2-2-2013
21373031@unknown@formal@none@1@S@(A settlement was reached but wasn't made public.)@@@@1@8@@oe@2-2-2013
21373032@unknown@formal@none@1@S@And Hitachi went on the offensive against the U.S.'s Motorola Inc. earlier this month with a suit charging that Motorola's new MC88200 chip infringes on a Hitachi patent.@@@@1@28@@oe@2-2-2013
21373033@unknown@formal@none@1@S@Another recent Hitachi suit accuses Motorola of reverse engineering a Hitachi technology -- a turnabout from a nation of champion reverse engineers.@@@@1@22@@oe@2-2-2013
21373034@unknown@formal@none@1@S@The moves illustrate the more aggressive attitude toward patent protection that patent experts say Japan is starting to take.@@@@1@19@@oe@2-2-2013
21373035@unknown@formal@none@1@S@Hitachi made the reverse-engineering charges in an amendment to a counterclaim filed in a federal district court in Texas after Motorola sued Hitachi for patent violation.@@@@1@26@@oe@2-2-2013
21373036@unknown@formal@none@1@S@Hitachi charges Motorola "has engaged in fraudulent and inequitable conduct in the procurement of certain Motorola patents" used in Motorola's MC68030 microprocessor chip.@@@@1@23@@oe@2-2-2013
21373037@unknown@formal@none@1@S@Translation: Motorola appears to have taken a Hitachi technology that is patented in the U.S., Hitachi says, and "tried to make it look like a new technology."@@@@1@27@@oe@2-2-2013
21373038@unknown@formal@none@1@S@Motorola either denied or wouldn't comment on the various charges.@@@@1@10@@oe@2-2-2013
21373039@unknown@formal@none@1@S@Odds and Ends@@@@1@3@@oe@2-2-2013
21373040@unknown@formal@none@1@S@COMPUTER chips that simulate human vision have been developed by Japan's Sharp Corp.@@@@1@13@@oe@2-2-2013
21373041@unknown@formal@none@1@S@They mimic the brain by "looking" at an image, extracting the fundamentals -- boundaries, corners and lines -- and translating them into computer data.@@@@1@24@@oe@2-2-2013
21373042@unknown@formal@none@1@S@Sharp says the set of chips could improve fax machines, graphics computers or identification systems that recognize facial features. . . .@@@@1@22@@oe@2-2-2013
21373043@unknown@formal@none@1@S@An N.V. Philips unit has created a computer system that processes video images 3,000 times faster than conventional systems.@@@@1@19@@oe@2-2-2013
21373044@unknown@formal@none@1@S@Using reduced instruction-set computing, or RISC, chips made by Intergraph of Huntsville, Ala., the system splits the image it "sees" into 20 digital representations, each processed by one chip.@@@@1@29@@oe@2-2-2013
21374001@unknown@formal@none@1@S@Tandy Corp., citing sluggish sales of consumer-electronics goods, said net income dropped 3.3% for the first quarter ended Sept. 30.@@@@1@20@@oe@2-2-2013
21374002@unknown@formal@none@1@S@The results, which represented the fifth consecutive quarter of flat-to-lower earnings for the big electronics retailer, disappointed analysts and traders.@@@@1@20@@oe@2-2-2013
21374003@unknown@formal@none@1@S@Tandy's stock fell $1.375 a share to close at $44 in New York Stock Exchange composite trading.@@@@1@17@@oe@2-2-2013
21374004@unknown@formal@none@1@S@Net for the quarter was $62.8 million, or 73 cents a share, down from $64.9 million, or 72 cents a share, a year earlier.@@@@1@24@@oe@2-2-2013
21374005@unknown@formal@none@1@S@The company said earnings would have increased if it hadn't been actively repurchasing its shares, thus increasing its interest expense and reducing its interest income.@@@@1@25@@oe@2-2-2013
21374006@unknown@formal@none@1@S@Tandy had 86.3 million shares outstanding at Sept. 30, down from 90 million a year earlier.@@@@1@16@@oe@2-2-2013
21374007@unknown@formal@none@1@S@Revenue rose 5% to $986 million from $937 million.@@@@1@9@@oe@2-2-2013
21374008@unknown@formal@none@1@S@Tandy said consumer electronics sales at its Radio Shack stores have been slow, partly because of a lack of hot, new products.@@@@1@22@@oe@2-2-2013
21374009@unknown@formal@none@1@S@"Radio Shack continues to be lackluster," said Dennis Telzrow, analyst with Eppler, Guerin & Turner in Dallas.@@@@1@17@@oe@2-2-2013
21374010@unknown@formal@none@1@S@He said Tandy "has done a decent job" increasing sales by manufacturing computers for others and expanding sales of its Grid Systems Corp. subsidiary, which sells computers to bigger businesses, but "it's not enough to offset the problems at Radio Shack."@@@@1@41@@oe@2-2-2013
21374011@unknown@formal@none@1@S@Sales at Radio Shack stores open more than a year grew only 2% in the quarter from a year earlier, he said.@@@@1@22@@oe@2-2-2013
21374012@unknown@formal@none@1@S@As a result, Mr. Telzrow said he cut his fiscal 1990 per-share earnings estimate for Tandy to $4.05 from $4.20.@@@@1@20@@oe@2-2-2013
21374013@unknown@formal@none@1@S@Tandy earned $88.8 million, or $3.64 a share, in the year ended June 30.@@@@1@14@@oe@2-2-2013
21374014@unknown@formal@none@1@S@Barry Bryant, an analyst with Drexel Burnham Lambert Inc., said Tandy also has suffered from lethargic sales of its computers aimed at the home and small-office market, which are less-advanced and cheaper than computers aimed at the corporate market.@@@@1@39@@oe@2-2-2013
21374015@unknown@formal@none@1@S@Tandy has added several new products to that line, including a laptop computer priced around $1,000, and is focusing its advertising on the easy-to-use software that is packaged with its machines.@@@@1@31@@oe@2-2-2013
21374016@unknown@formal@none@1@S@Mr. Bryant and other analysts hope all those moves will combine to help Tandy's results improve in the important Christmas quarter.@@@@1@21@@oe@2-2-2013
21374017@unknown@formal@none@1@S@"They've been promising 13% to 15% growth based on the strategic moves they've made," he said.@@@@1@16@@oe@2-2-2013
21374018@unknown@formal@none@1@S@"If the earnings acceleration is to take place, that should be the quarter.@@@@1@13@@oe@2-2-2013
21375001@unknown@formal@none@1@S@At a private dinner Thursday, Drexel Burnham Lambert Inc. chief executive Frederick Joseph delivered a sobering message about the junk bond market to officials of Prudential Insurance Co. of America.@@@@1@30@@oe@2-2-2013
21375002@unknown@formal@none@1@S@Mr. Joseph conceded the junk market was in disarray, according to people familiar with the discussion.@@@@1@16@@oe@2-2-2013
21375003@unknown@formal@none@1@S@He said Drexel -- the leading underwriter of high-risk junk bonds -- could no longer afford to sell any junk offerings if they might later become troubled because Drexel risked losing its highly lucrative junk franchise.@@@@1@36@@oe@2-2-2013
21375004@unknown@formal@none@1@S@The dinner was a stark confirmation that 1989 is the worst year ever for the $200 billion junk market.@@@@1@19@@oe@2-2-2013
21375005@unknown@formal@none@1@S@And investors and traders alike say the current turmoil could take years to resolve.@@@@1@14@@oe@2-2-2013
21375006@unknown@formal@none@1@S@Amid the market disorder, even Drexel, which has the widest and most loyal following of junk bond investors, is pulling in its horns.@@@@1@23@@oe@2-2-2013
21375007@unknown@formal@none@1@S@Although the big investment bank still dominates the junk market, Drexel has been unable to stem the fallout from growing junk bond defaults, withdrawn new offerings, redemptions by shareholders in junk bond mutual funds and an exodus of once-devoted investors.@@@@1@40@@oe@2-2-2013
21375008@unknown@formal@none@1@S@For many money managers, the past four months have been humiliating.@@@@1@11@@oe@2-2-2013
21375009@unknown@formal@none@1@S@"This is the worst shakeout ever in the junk market, and it could take years before it's over," says Mark Bachmann, a senior vice president at Standard & Poor's Corp., a credit rating company.@@@@1@34@@oe@2-2-2013
21375010@unknown@formal@none@1@S@In the third quarter, for example, junk bonds -- those with less than an investment-grade rating -- showed negative returns, the only major sector of the bond market to do so.@@@@1@31@@oe@2-2-2013
21375011@unknown@formal@none@1@S@Since the end of last year, junk bonds have been outperformed by all categories of investment-grade bonds, including ultra-safe Treasury securities.@@@@1@21@@oe@2-2-2013
21375012@unknown@formal@none@1@S@The junk market, which mushroomed to $200 billion from less than $2 billion at the start of the decade, has been declining for months as issuers have stumbled under the weight of hefty interest payments.@@@@1@35@@oe@2-2-2013
21375013@unknown@formal@none@1@S@The fragile market received its biggest jolt last month from Campeau Corp., which created its U.S. retailing empire with more than $3 billion in junk financing.@@@@1@26@@oe@2-2-2013
21375014@unknown@formal@none@1@S@Campeau developed a cash squeeze that caused it to be tardy on some interest payments and to put its prestigious Bloomingdale's department store chain up for sale.@@@@1@27@@oe@2-2-2013
21375015@unknown@formal@none@1@S@At that point, the junk market went into a tailspin as buyers disappeared and investors tried to sell.@@@@1@18@@oe@2-2-2013
21375016@unknown@formal@none@1@S@In an interview, Mr. Joseph says his dinner discussion with the Prudential executives acknowledged problems for junk.@@@@1@17@@oe@2-2-2013
21375017@unknown@formal@none@1@S@"What I thought I was saying is that the market is troubled but still viable and, appropriately enough, quite quality-conscious, which is not at all bad," he says.@@@@1@28@@oe@2-2-2013
21375018@unknown@formal@none@1@S@"Nobody's been perfect in their credit judgments the past couple years, and we're going to make sure our default rates are going to be in the acceptable parameters of the market."@@@@1@31@@oe@2-2-2013
21375019@unknown@formal@none@1@S@What has jolted many junk buyers is the sudden realization that junk bonds cannot necessarily be bought and sold with the ease of common stocks and many investment-grade bonds.@@@@1@29@@oe@2-2-2013
21375020@unknown@formal@none@1@S@Unlike the New York Stock Exchange, where buyers and sellers are quickly matched, the junk market, where risky corporate loans are traded, is sometimes closed for repairs.@@@@1@27@@oe@2-2-2013
21375021@unknown@formal@none@1@S@At closely held Deltec Securities Corp., junk bond money managers Amy K. Minella and Hannah H. Strasser say the problems of the junk market go deeper than a temporary malaise.@@@@1@30@@oe@2-2-2013
21375022@unknown@formal@none@1@S@In recent months, they say, there has been heavy selling of junk bonds by some of the market's traditional investors, while new buyers haven't materialized to replace them.@@@@1@28@@oe@2-2-2013
21375023@unknown@formal@none@1@S@Wall Street securities firms, "the primary source of liquidity for the high yield market," have been net sellers of junk bonds because of trading losses, Deltec said in a recent, grim report to customers.@@@@1@34@@oe@2-2-2013
21375024@unknown@formal@none@1@S@Mutual funds have also been net sellers of junk bonds as junk's relatively poor performance and negative press coverage have produced "above-normal" redemptions by shareholders, Deltec said.@@@@1@27@@oe@2-2-2013
21375025@unknown@formal@none@1@S@Investors, trying to raise cash, have sold "large liquid issues" such as RJR Holdings Corp. and Kroger Co.; declines in these benchmark issues have contributed to the market's distress.@@@@1@29@@oe@2-2-2013
21375026@unknown@formal@none@1@S@And, Deltec said, buying has been severely reduced because savings and loans have been restricted in their junk purchases by recently passed congressional legislation.@@@@1@24@@oe@2-2-2013
21375027@unknown@formal@none@1@S@"In fact, savings and loans were sellers of high yield holdings throughout the quarter," Deltec said.@@@@1@16@@oe@2-2-2013
21375028@unknown@formal@none@1@S@Ms. Minella and Ms. Strasser say they are managing their junk portfolios defensively, building cash and selectively upgrading the overall quality.@@@@1@21@@oe@2-2-2013
21375029@unknown@formal@none@1@S@Meanwhile, Prudential, the nation's largest insurer and the biggest investor in junk bonds, has seen the value of its junk bond portfolio drop to $6.5 billion from $7 billion since August because of falling junk prices.@@@@1@36@@oe@2-2-2013
21375030@unknown@formal@none@1@S@"We certainly do have a lack of liquidity here, and it's something to be concerned about," says James A. Gregoire, a managing director.@@@@1@23@@oe@2-2-2013
21375031@unknown@formal@none@1@S@"I have no reason to think things will get worse, but this market has a knack for surprising us.@@@@1@19@@oe@2-2-2013
21375032@unknown@formal@none@1@S@This market teaches us to be humble."@@@@1@7@@oe@2-2-2013
21375033@unknown@formal@none@1@S@The junk market's "yield hogs are learning a real painful lesson," he says.@@@@1@13@@oe@2-2-2013
21375034@unknown@formal@none@1@S@Although the majority of junk bonds outstanding show no signs of default, the market has downgraded many junk issues as if they were in trouble, says Stuart Reese, manager of Aetna Life & Casualty Insurance Co.'s $17 billion investment-grade public bond portfolio.@@@@1@42@@oe@2-2-2013
21375035@unknown@formal@none@1@S@"But we think the risks are there for things getting a lot worse.@@@@1@13@@oe@2-2-2013
21375036@unknown@formal@none@1@S@And the risks aren't appropriate for us," he says.@@@@1@9@@oe@2-2-2013
21375037@unknown@formal@none@1@S@The big insurer, unlike Prudential, owns only about $150 million of publicly sold junk bonds.@@@@1@15@@oe@2-2-2013
21375038@unknown@formal@none@1@S@The string of big junk bond defaults, which have been a major cause of the market's problems this year, probably will persist, some analysts say.@@@@1@25@@oe@2-2-2013
21375039@unknown@formal@none@1@S@"If anything, we're going to see defaults increase because credit ratings have declined," says Paul Asquith, associate professor at the Massachusetts Institute of Technology's Sloan School of Management.@@@@1@28@@oe@2-2-2013
21375040@unknown@formal@none@1@S@Mr. Asquith, whose study on junk bond defaults caused a furor on Wall Street when it was disclosed last April, says this year's junk bond defaults already show a high correlation with his own findings.@@@@1@35@@oe@2-2-2013
21375041@unknown@formal@none@1@S@His study showed that junk bonds over time had a cumulative default rate of 34%.@@@@1@15@@oe@2-2-2013
21375042@unknown@formal@none@1@S@One indication of a growing number of junk defaults, Mr. Asquith says, is that about half of the $3 billion of corporate bonds outstanding that have been lowered to a default rating by S&P this year are junk bonds sold during the market's big issue years of 1984 through 1986.@@@@1@50@@oe@2-2-2013
21375043@unknown@formal@none@1@S@These bonds, now rated single-D, include junk offerings by AP Industries, Columbia Savings (Colorado), First Texas Savings Association, Gilbraltar Financial Corp., Integrated Resources Inc., Metropolitan Broadcasting Corp., Resorts International Inc., Southmark Corp. and Vyquest Inc.@@@@1@35@@oe@2-2-2013
21375044@unknown@formal@none@1@S@"Obviously, we got a lot more smoke than fire from the people who told us the market wasn't so risky," says Bradford Cornell, professor of finance at University of California's Anderson Graduate School of Management in Los Angeles.@@@@1@38@@oe@2-2-2013
21375045@unknown@formal@none@1@S@Mr. Cornell has just completed a study that finds that the risks and returns of junk bonds are less than on common stocks but more than on investment-grade bonds.@@@@1@29@@oe@2-2-2013
21375046@unknown@formal@none@1@S@Mr. Cornell says: "The junk market is no bonanza as Drexel claimed, but it also isn't a disaster as the doomsayers say."@@@@1@22@@oe@2-2-2013
21375047@unknown@formal@none@1@S@Despite the junk market's problems, Drexel continues to enjoy a loyalty among junk bond investors that its Wall Street rivals haven't found.@@@@1@22@@oe@2-2-2013
21375048@unknown@formal@none@1@S@During the past three weeks, for example, Drexel has sold $1.3 billion of new junk bonds for Turner Broadcasting Co., Uniroyal Chemical, Continental Air and Duff & Phelps.@@@@1@28@@oe@2-2-2013
21375049@unknown@formal@none@1@S@Still, the list of troubled Drexel bond offerings dwarfs that of any firm on Wall Street, as does its successful offerings.@@@@1@21@@oe@2-2-2013
21375050@unknown@formal@none@1@S@Troubled Drexel-underwritten issues include Resorts International, Braniff, Integrated Resources, SCI TV, Gillette Holdings, Western Electric and Southmark.@@@@1@17@@oe@2-2-2013
21375051@unknown@formal@none@1@S@"Quality junk bonds will continue to trade well," says Michael Holland, chairman of Salomon Brothers Asset Management Inc.@@@@1@18@@oe@2-2-2013
21375052@unknown@formal@none@1@S@"But the deals that never should have been brought have now become nuclear waste.@@@@1@14@@oe@2-2-2013
21376001@unknown@formal@none@1@S@As Helen Boehm, who owns an art porcelain company, sipped her luncheon cocktail, she reeled off the names of a few pals -- Prince Charles, Princess Diana, Sarah Ferguson, John Kluge, Milton Petrie.@@@@1@33@@oe@2-2-2013
21376002@unknown@formal@none@1@S@Then, flashing a diamond ring as big as the Ritz ("my day diamond, darling"), she told her two companions that she is on the "board" of the Vatican Museum in Rome.@@@@1@31@@oe@2-2-2013
21376003@unknown@formal@none@1@S@As it turns out, the board has a lot of important members, including Winton Blount (former postmaster general of the U.S.), Mrs. Henry Gaisman (widow of the inventor of auto-strop razor) and Vincent Murphy (an investment banker at Merrill Lynch & Co.)@@@@1@42@@oe@2-2-2013
21376004@unknown@formal@none@1@S@But Mrs. Boehm didn't mention any of them.@@@@1@8@@oe@2-2-2013
21376005@unknown@formal@none@1@S@"Helen Boehm has a way with names," says James Revson, a gossip columnist for Newsday (and son of Joseph Revson, a founder of Revlon).@@@@1@24@@oe@2-2-2013
21376006@unknown@formal@none@1@S@Like which are droppable and which are not.@@@@1@8@@oe@2-2-2013
21376007@unknown@formal@none@1@S@With the fall social season well under way, name-droppers are out in force, trying to impress their betters and sometimes put down their lessers.@@@@1@24@@oe@2-2-2013
21376008@unknown@formal@none@1@S@But the truth is that almost everyone, from real-estate agents to city fathers, name-drops; and a surprising number of people have an ancient uncle who claims he lived next door to the cartoonist who did the Katzenjammer Kids.@@@@1@38@@oe@2-2-2013
21376009@unknown@formal@none@1@S@(In case you have forgotten, his name was Rudolph Dirks.)@@@@1@10@@oe@2-2-2013
21376010@unknown@formal@none@1@S@"Name-dropping is pervasive and getting more so as society becomes more complex and alienating," says Herbert Freudenberger, a New York psychoanalyst, with a high-powered clientele.@@@@1@25@@oe@2-2-2013
21376011@unknown@formal@none@1@S@"It can be an avenue of entrance to a certain sector of society. . . .@@@@1@16@@oe@2-2-2013
21376012@unknown@formal@none@1@S@It provides some people a needed sense of affiliation and can help open up a conversation with someone you don't know."@@@@1@21@@oe@2-2-2013
21376013@unknown@formal@none@1@S@Like the Long Island matron in the theater district the other day who swore to a stranger that she once met Liza Minnelli.@@@@1@23@@oe@2-2-2013
21376014@unknown@formal@none@1@S@"I was having a drink in Sardi's, when all of a sudden I saw a woman's backside coming up the steps on the second floor and she was wearing sequined slacks.@@@@1@31@@oe@2-2-2013
21376015@unknown@formal@none@1@S@I knew it was someone important, so I followed her into the ladies room and sure enough, it was Liza.@@@@1@20@@oe@2-2-2013
21376016@unknown@formal@none@1@S@So I said, `Hello.'@@@@1@4@@oe@2-2-2013
21376017@unknown@formal@none@1@S@And she said, `Hello.'@@@@1@4@@oe@2-2-2013
21376018@unknown@formal@none@1@S@Can you imagine?@@@@1@3@@oe@2-2-2013
21376019@unknown@formal@none@1@S@Liza said hello to me."@@@@1@5@@oe@2-2-2013
21376020@unknown@formal@none@1@S@Some people must drop names -- call it an irresistible impulse.@@@@1@11@@oe@2-2-2013
21376021@unknown@formal@none@1@S@"They can't help talking about the big important people they know, even if they don't really know them," says Dr. Freudenberger.@@@@1@21@@oe@2-2-2013
21376022@unknown@formal@none@1@S@Beauregard Houston-Montgomery, a New York writer who changed his name from William Stretch in 1980, is an inveterate name-dropper.@@@@1@19@@oe@2-2-2013
21376023@unknown@formal@none@1@S@"I do it innately and pathologically, and while it may occasionally get me into trouble, it's also gotten me access to parties and society," he says.@@@@1@26@@oe@2-2-2013
21376024@unknown@formal@none@1@S@Name-dropping recently helped Mr. Houston-Montgomery crash a party Fame magazine threw for 100 of the 2,809 people mentioned in the diaries of the late Andy Warhol.@@@@1@26@@oe@2-2-2013
21376025@unknown@formal@none@1@S@"I guess I might have asked Beauregard to leave, but he drops so many good names, we decided to let him stay," says Steven Greenberg, publisher of Fame.@@@@1@28@@oe@2-2-2013
21376026@unknown@formal@none@1@S@"After all, Warhol was the ultimate namedropper, dropping five a day in his diaries.@@@@1@14@@oe@2-2-2013
21376027@unknown@formal@none@1@S@And Beauregard was mentioned twice -- although very briefly and in passing."@@@@1@12@@oe@2-2-2013
21376028@unknown@formal@none@1@S@Mr. Houston-Montgomery says that at the party he waved to Malcolm Forbes, publisher of Forbes magazine ("We've been in the columns together"), Mary Boone, a New York art dealer ("I think she knows me, but I'm not sure ") and Bridget Fonda, the actress ("She knows me, but we're not really the best of friends").@@@@1@55@@oe@2-2-2013
21376029@unknown@formal@none@1@S@Mr. Revson, the gossip columnist, says there are people who actually plan whose names they are going to drop before attending a party.@@@@1@23@@oe@2-2-2013
21376030@unknown@formal@none@1@S@These droppers don't flaunt only their friendships with the Trumps, Brooke Astor or Georgette Mosbacher.@@@@1@15@@oe@2-2-2013
21376031@unknown@formal@none@1@S@"They even drop semi-obscure names like Wolfgang Flottl, whom everybody these days apparently has heard of but no one really knows," says Mr. Revson.@@@@1@24@@oe@2-2-2013
21376032@unknown@formal@none@1@S@"It's the one-upsmanship of name-dropping that counts."@@@@1@7@@oe@2-2-2013
21376033@unknown@formal@none@1@S@But name-dropping has other benefits, often civic.@@@@1@7@@oe@2-2-2013
21376034@unknown@formal@none@1@S@In the name of civic pride and from the desire to nullify a negative image, some city promoters seek to link their municipality with the most recognizable names the city has to offer.@@@@1@33@@oe@2-2-2013
21376035@unknown@formal@none@1@S@Take Cleveland.@@@@1@2@@oe@2-2-2013
21376036@unknown@formal@none@1@S@It has gotten a bad rep because its once heavily polluted Cuyahoga River caught fire, because former Mayor Ralph Perk set his hair on fire with an acetylene torch and because its proposed Rock 'n' Roll Hall of Fame was recently refused an urban-development grant.@@@@1@45@@oe@2-2-2013
21376037@unknown@formal@none@1@S@Some people call it "The Mistake on the Lake" -- Lake Erie, that is.@@@@1@14@@oe@2-2-2013
21376038@unknown@formal@none@1@S@"It helps to point out how many important people came through Cleveland on their way to the top," says George Miller, executive director of the New Cleveland Campaign, a nonprofit organization devoted to citing the city's strengths.@@@@1@37@@oe@2-2-2013
21376039@unknown@formal@none@1@S@Mr. Miller notes that actor Paul Newman's family owned a sporting-goods store in Cleveland, that the late actress Margaret Hamilton, who played the bad witch in "The Wizard Of Oz," once ran a nursery school in Cleveland and that comedian Bob Hope's father, a stonemason, once worked on a church next to Severence Hall, Cleveland's main concert hall.@@@@1@58@@oe@2-2-2013
21376040@unknown@formal@none@1@S@"Power names like that don't hurt the city's reputation," Mr. Miller says.@@@@1@12@@oe@2-2-2013
21376041@unknown@formal@none@1@S@In Hollywood, an average family can gain cachet from moving into a home vacated by the famous or near famous.@@@@1@20@@oe@2-2-2013
21376042@unknown@formal@none@1@S@"Why we even just sold a three-bedroom house in Van Nuys and were able to keep the price firm in a weak real-estate market by noting that the original Lone Ranger lived there," says David Rambo, a sales associate with Jon Douglas Co., a Los Angeles real-estate agency.@@@@1@48@@oe@2-2-2013
21376043@unknown@formal@none@1@S@"Most people can't even remember his name."@@@@1@7@@oe@2-2-2013
21376044@unknown@formal@none@1@S@(It is John Hart.)@@@@1@4@@oe@2-2-2013
21376045@unknown@formal@none@1@S@Mr. Rambo says that a 3.2-acre property overlooking the San Fernando Valley is priced at $4 million because the late actor Erroll Flynn once lived there.@@@@1@26@@oe@2-2-2013
21376046@unknown@formal@none@1@S@"If Flynn hadn't lived there, the property might have been priced $1 million lower," says Mr. Rambo, noting that Flynn's house has been bulldozed, and only the swimming pool remains.@@@@1@30@@oe@2-2-2013
21376047@unknown@formal@none@1@S@Press agents and public-relations practitioners are notorious name-droppers.@@@@1@8@@oe@2-2-2013
21376048@unknown@formal@none@1@S@And some even do it with malice aforethought.@@@@1@8@@oe@2-2-2013
21376049@unknown@formal@none@1@S@Len Kessler, a financial publicist in New York, sometimes uses it to get the attention of journalists who try to avoid him.@@@@1@22@@oe@2-2-2013
21376050@unknown@formal@none@1@S@He says that when Dan Dorfman, a financial columnist with USA Today, hasn't returned his phone calls, he leaves messages with Mr. Dorfman's office saying that he has an important story on Donald Trump, Meshulam Riklis or Marvin Davis.@@@@1@39@@oe@2-2-2013
21376051@unknown@formal@none@1@S@He admits he has no story on any of them on these occasions.@@@@1@13@@oe@2-2-2013
21376052@unknown@formal@none@1@S@"But it does get him to return my calls, and it makes me feel better for the times he's given me the brushoff," Mr. Kessler says.@@@@1@26@@oe@2-2-2013
21376053@unknown@formal@none@1@S@There are, of course, obvious dangers to blatant, unsubstantiated name-dropping.@@@@1@10@@oe@2-2-2013
21376054@unknown@formal@none@1@S@Jeffry Thal, a publicity agent for the Lantz Office in Los Angeles, warns that dropping the wrong name labels the dropper as a fake and a fraud.@@@@1@27@@oe@2-2-2013
21376055@unknown@formal@none@1@S@"Get caught and you're dead in the water," says Mr. Thal.@@@@1@11@@oe@2-2-2013
21376056@unknown@formal@none@1@S@Mr. Thal says that Elizabeth Taylor, a client, "hates being called `Liz.'. . .@@@@1@14@@oe@2-2-2013
21376057@unknown@formal@none@1@S@If directors or producers phone me and say they know `Liz, ' I know they've never met her.@@@@1@18@@oe@2-2-2013
21376058@unknown@formal@none@1@S@She prefers `Elizabeth.'"@@@@1@3@@oe@2-2-2013
21376059@unknown@formal@none@1@S@In New York society, Pat Buckley, the very social wife of author William Buckley, has the nicknames "Mrs. Buckles" and "Patsy."@@@@1@21@@oe@2-2-2013
21376060@unknown@formal@none@1@S@And her husband sometimes calls her "Ducky."@@@@1@7@@oe@2-2-2013
21376061@unknown@formal@none@1@S@"But call her `Patty,' and it's a sure giveaway you're not in her circle, because she doesn't use that name," says Joan Kron, editor-in-chief of Avenue magazine, a monthly publication sent to all the right names.@@@@1@36@@oe@2-2-2013
21376062@unknown@formal@none@1@S@John Spencer Churchill, a nephew of the late Sir Winston Churchill, former prime minister of Great Britain, isn't that impressed with most name-droppers he meets.@@@@1@25@@oe@2-2-2013
21376063@unknown@formal@none@1@S@That's because they only drop "mere names," says Mr. Churchill.@@@@1@10@@oe@2-2-2013
21376064@unknown@formal@none@1@S@Currently writing his memoirs, Mr. Churchill, an artist, tells how tycoons such as the late Jean Paul Getty, the oil billionnaire, were, in fact, known only by one initial, their last.@@@@1@31@@oe@2-2-2013
21376065@unknown@formal@none@1@S@"When you're at the club, you ask whether they've spoken to `G.'@@@@1@12@@oe@2-2-2013
21376066@unknown@formal@none@1@S@Now they know who you mean and you know who you mean.@@@@1@12@@oe@2-2-2013
21376067@unknown@formal@none@1@S@But no one else does.@@@@1@5@@oe@2-2-2013
21376068@unknown@formal@none@1@S@Now that's name-dropping, if you know what I mean.@@@@1@9@@oe@2-2-2013
21377001@unknown@formal@none@1@S@Part of a Series}@@@@1@4@@oe@2-2-2013
21377002@unknown@formal@none@1@S@SMYRNA, Ga. --@@@@1@3@@oe@2-2-2013
21377003@unknown@formal@none@1@S@The auto-dealer strip in this booming suburb runs nearly five miles along Cobb Parkway, stretching from the Perimeter highway that circles Atlanta to the "Big Chicken," a pullet-roofed fast-food restaurant and local landmark.@@@@1@33@@oe@2-2-2013
21377004@unknown@formal@none@1@S@Twenty years ago, in the infancy of suburban sprawl, just a handful of dealerships were here.@@@@1@16@@oe@2-2-2013
21377005@unknown@formal@none@1@S@Now there are 23.@@@@1@4@@oe@2-2-2013
21377006@unknown@formal@none@1@S@Alongside such long-familiar names as Chevrolet, Ford and Dodge are nameplates that didn't exist until three years ago: Acura, Sterling, Hyundai.@@@@1@21@@oe@2-2-2013
21377007@unknown@formal@none@1@S@Under construction is the strip's 24th showroom, the future home of Lexus, a luxury marque launched by Toyota Motor Corp. just two months ago.@@@@1@24@@oe@2-2-2013
21377008@unknown@formal@none@1@S@The 1980s have spawned an explosion of consumer choice in America, in everything from phone companies to colas.@@@@1@18@@oe@2-2-2013
21377009@unknown@formal@none@1@S@And especially, as the Cobb Parkway strip attests, in cars.@@@@1@10@@oe@2-2-2013
21377010@unknown@formal@none@1@S@Americans now can choose among 572 different models of cars, vans and trucks, up from just 408 when the decade began, according to Automotive News, a trade publication.@@@@1@28@@oe@2-2-2013
21377011@unknown@formal@none@1@S@For car marketers, it has become a much tougher battle to keep loyal customers from defecting to one of the new makes on the block.@@@@1@25@@oe@2-2-2013
21377012@unknown@formal@none@1@S@For American car buyers, the proliferation of choice is both liberating and confusing.@@@@1@13@@oe@2-2-2013
21377013@unknown@formal@none@1@S@Malcolm MacDougall, vice chairman of the Jordan, McGrath, Case & Taylor advertising agency in New York, calls the proliferation "nameplate mania."@@@@1@21@@oe@2-2-2013
21377014@unknown@formal@none@1@S@He says the number of automobile choices is causing stress among consumers today, and that people will simply ignore new models that lack a well-defined image.@@@@1@26@@oe@2-2-2013
21377015@unknown@formal@none@1@S@"The winners," he predicts, "will be brands from car makers that have traditionally been associated with quality and value."@@@@1@19@@oe@2-2-2013
21377016@unknown@formal@none@1@S@He says it's important for a new make to be as distinctive as possible while still retaining links to the parent company's quality image.@@@@1@24@@oe@2-2-2013
21377017@unknown@formal@none@1@S@He applauds Toyota and Nissan Motor Co. for creating separate divisions for their new luxury models, rather than simply adding more nameplates to their standard car lines.@@@@1@27@@oe@2-2-2013
21377018@unknown@formal@none@1@S@Some auto executives believe the benefits of more choice outweigh the drawbacks.@@@@1@12@@oe@2-2-2013
21377019@unknown@formal@none@1@S@"There's more noise out there, and the consumer may have to work harder to cut through it," says Vincent P. Barabba, executive director of market research and planning at General Motors Corp.@@@@1@32@@oe@2-2-2013
21377020@unknown@formal@none@1@S@"But the reward is that there's less need to make tradeoffs" in choosing one's wheels.@@@@1@15@@oe@2-2-2013
21377021@unknown@formal@none@1@S@Jeanene Page, of North Salt Lake City, Utah, likes the broader selection.@@@@1@12@@oe@2-2-2013
21377022@unknown@formal@none@1@S@She wants something big, and already has looked at the Chrysler New Yorker and Lincoln Town Car.@@@@1@17@@oe@2-2-2013
21377023@unknown@formal@none@1@S@Now, the 55-year-old car shopper is zeroing in on a full-sized van, figuring that it's just the thing to haul nine grandchildren and pull a boat at the same time.@@@@1@30@@oe@2-2-2013
21377024@unknown@formal@none@1@S@"That seems to be what all my friends are using to take the grandkids to the lake," she says.@@@@1@19@@oe@2-2-2013
21377025@unknown@formal@none@1@S@Market segmentation in cars isn't new, but it's far more extensive than when Alfred P. Sloan Jr. conceived the idea 50 years ago.@@@@1@23@@oe@2-2-2013
21377026@unknown@formal@none@1@S@The legendary GM chairman declared that his company would make "a car for every purse and purpose."@@@@1@17@@oe@2-2-2013
21377027@unknown@formal@none@1@S@Now there are many cars for every purse and purpose.@@@@1@10@@oe@2-2-2013
21377028@unknown@formal@none@1@S@Just four years ago, GM planners divided the combined car and truck market into seven segments.@@@@1@16@@oe@2-2-2013
21377029@unknown@formal@none@1@S@Today, they identify 19 distinct segments for cars, and another 11 for trucks and vans.@@@@1@15@@oe@2-2-2013
21377030@unknown@formal@none@1@S@The number of makes has mushroomed because the U.S. is the world's biggest and richest market for automobiles; virtually every auto maker wants to sell here.@@@@1@26@@oe@2-2-2013
21377031@unknown@formal@none@1@S@For every brand like Renault or Fiat that has been squeezed out, others such as Isuzu, Daihatsu and Mitsubishi have come in.@@@@1@22@@oe@2-2-2013
21377032@unknown@formal@none@1@S@Detroit tries to counter the foreign invasion with new brands of its own.@@@@1@13@@oe@2-2-2013
21377033@unknown@formal@none@1@S@GM launched the Geo marque this year to sell cars made in partnership with foreign auto makers, and next year GM's long-awaited Saturn cars will make their debut.@@@@1@28@@oe@2-2-2013
21377034@unknown@formal@none@1@S@Ford Motor Co. created the Merkur nameplate in 1985 to sell its German-made touring sedans in the U.S.@@@@1@18@@oe@2-2-2013
21377035@unknown@formal@none@1@S@But slow sales forced Ford to kill the brand just last week.@@@@1@12@@oe@2-2-2013
21377036@unknown@formal@none@1@S@When consumers have so many choices, brand loyalty is much harder to maintain.@@@@1@13@@oe@2-2-2013
21377037@unknown@formal@none@1@S@The Wall Street Journal's "American Way of Buying" survey found that 53% of today's car buyers tend to switch brands.@@@@1@20@@oe@2-2-2013
21377038@unknown@formal@none@1@S@For the survey, Peter D. Hart Research Associates and the Roper Organization each asked about 2,000 U.S. consumers about their buying habits.@@@@1@22@@oe@2-2-2013
21377039@unknown@formal@none@1@S@Which cars do Americans favor most these days?@@@@1@8@@oe@2-2-2013
21377040@unknown@formal@none@1@S@It's hard to generalize, but age seems to be the best predictor.@@@@1@12@@oe@2-2-2013
21377041@unknown@formal@none@1@S@Adults under age 30 like sports cars, luxury cars, convertibles and imports far more than their elders do.@@@@1@18@@oe@2-2-2013
21377042@unknown@formal@none@1@S@Three of every 10 buyers under 30 would prefer to buy a sports car, compared with just 16% of adults 30 and over, according to the Journal survey.@@@@1@28@@oe@2-2-2013
21377043@unknown@formal@none@1@S@Young consumers prefer luxury cars by a 37% to 28% margin -- even though older buyers, because of their incomes, are more likely to actually purchase a luxury car.@@@@1@29@@oe@2-2-2013
21377044@unknown@formal@none@1@S@Perhaps most striking, 35% of households headed by people aged 18 to 44 have at least one foreign car.@@@@1@19@@oe@2-2-2013
21377045@unknown@formal@none@1@S@That's true of only 14% of households headed by someone 60 or older.@@@@1@13@@oe@2-2-2013
21377046@unknown@formal@none@1@S@Generally, imports appeal most to Americans who live in the West and are well-educated, affluent and, especially, young.@@@@1@18@@oe@2-2-2013
21377047@unknown@formal@none@1@S@"For many baby boomers, buying a domestic car is a totally foreign experience," says Christopher Cedergren, auto-market analyst with J.D. Power & Co. of Agoura Hills, Calif.@@@@1@27@@oe@2-2-2013
21377048@unknown@formal@none@1@S@Such preferences persist even though many Americans believe differences between imported and domestic cars are diminishing.@@@@1@16@@oe@2-2-2013
21377049@unknown@formal@none@1@S@Only 58% of Americans now believe that foreign cars get better gas mileage than domestic models, the Journal survey found, down from 68% in 1987.@@@@1@25@@oe@2-2-2013
21377050@unknown@formal@none@1@S@Some 46% give foreign cars higher quality ratings, down from 50% two years ago.@@@@1@14@@oe@2-2-2013
21377051@unknown@formal@none@1@S@On the other hand, only 42% say foreign cars are less comfortable than U.S. models, down from 55% in 1987.@@@@1@20@@oe@2-2-2013
21377052@unknown@formal@none@1@S@People in the automotive business disagree over how susceptible younger Americans are to brand switching.@@@@1@15@@oe@2-2-2013
21377053@unknown@formal@none@1@S@"Once buying habits are formed, they're very hard to break," declares Thomas Mignanelli, executive vice president for Nissan's U.S. sales operations.@@@@1@21@@oe@2-2-2013
21377054@unknown@formal@none@1@S@But out on Cobb Parkway, Ted Negas sees it differently.@@@@1@10@@oe@2-2-2013
21377055@unknown@formal@none@1@S@"The competition is so intense that an owner's loyalty to a dealership or a car is virtually nonexistent," says Mr. Negas, vice president of Ed Voyles Oldsmobile, one of the first dealerships to locate on the strip.@@@@1@37@@oe@2-2-2013
21377056@unknown@formal@none@1@S@Thus the very fickleness of baby boomers may make it possible to win them back, just as it was possible to lose them.@@@@1@23@@oe@2-2-2013
21377057@unknown@formal@none@1@S@The battle for customer loyalty is evident along the Cobb Parkway strip.@@@@1@12@@oe@2-2-2013
21377058@unknown@formal@none@1@S@Ed Voyles Olds recently established a special section in the service department for owners whose cars are less than a year old, so they get quicker service.@@@@1@27@@oe@2-2-2013
21377059@unknown@formal@none@1@S@Just down the street, Chris Volvo invites serious shoppers to test-drive a new Volvo to any other dealership along the strip, and compare the cars side-by-side.@@@@1@26@@oe@2-2-2013
21377060@unknown@formal@none@1@S@Manufacturers, too, are stretching further to lure buyers.@@@@1@8@@oe@2-2-2013
21377061@unknown@formal@none@1@S@GM's Cadillac division, ignoring Detroit's long-held maxim that safety doesn't sell, is airing television commercials touting its cars' safety features.@@@@1@20@@oe@2-2-2013
21377062@unknown@formal@none@1@S@Cadillac may be on to something.@@@@1@6@@oe@2-2-2013
21377063@unknown@formal@none@1@S@Some 60% of the survey respondents said they would buy anti-lock brakes even if they carry a medium or high price tag.@@@@1@22@@oe@2-2-2013
21377064@unknown@formal@none@1@S@More than 50% felt the same way about air bags.@@@@1@10@@oe@2-2-2013
21377065@unknown@formal@none@1@S@Both features appealed most to buyers under 45.@@@@1@8@@oe@2-2-2013
21377066@unknown@formal@none@1@S@In contrast, dashboard computers, power seats and turbo-charged engines had little appeal.@@@@1@12@@oe@2-2-2013
21377067@unknown@formal@none@1@S@But even a little appeal has a lot of attraction these days.@@@@1@12@@oe@2-2-2013
21377068@unknown@formal@none@1@S@GM's Pontiac division is offering a turbo-charged V-6 engine on its Grand Prix model, even though it expects to sell only about 4,000 cars equipped with that option.@@@@1@28@@oe@2-2-2013
21377069@unknown@formal@none@1@S@The reason: Items with narrow appeal can be important in a market as fragmented as today's.@@@@1@16@@oe@2-2-2013
21377070@unknown@formal@none@1@S@Americans spent more than $190 billion on new cars and trucks last year, and just 1% of that market exceeded Polaroid Co.'s sales of $1.86 billion.@@@@1@26@@oe@2-2-2013
21377071@unknown@formal@none@1@S@"Even if it's only 1%," says GM's Mr. Barabba, "would you throw away sales the size of Polaroid?"@@@@1@18@@oe@2-2-2013
21378001@unknown@formal@none@1@S@American Telephone & Telegraph Co. said it will lay off 75 to 85 technicians here, effective Nov. 1.@@@@1@18@@oe@2-2-2013
21378002@unknown@formal@none@1@S@The workers install, maintain and repair its private branch exchanges, which are large intracompany telephone networks.@@@@1@16@@oe@2-2-2013
21379001@unknown@formal@none@1@S@It's a California crime saga worthy of an Erle Stanley Gardner title: The Case of the Purloined Palm Trees.@@@@1@19@@oe@2-2-2013
21379002@unknown@formal@none@1@S@Edward Carlson awoke one morning last month to find eight holes in his front yard where his prized miniature palms, called cycads, once stood.@@@@1@24@@oe@2-2-2013
21379003@unknown@formal@none@1@S@Days later, the thieves returned and dug out more, this time adding insult to injury.@@@@1@15@@oe@2-2-2013
21379004@unknown@formal@none@1@S@"The second time," he says, "they left the shovel."@@@@1@9@@oe@2-2-2013
21379005@unknown@formal@none@1@S@No garden-variety crime, palm-tree rustling is sprouting up all over Southern California, bringing big bucks to crooks who know their botany.@@@@1@21@@oe@2-2-2013
21379006@unknown@formal@none@1@S@Cycads, the most popular of which is the Sago Palm, are doll-sized versions of California's famous long-necked palms, with stubby trunks and fern-like fronds.@@@@1@24@@oe@2-2-2013
21379007@unknown@formal@none@1@S@Because the Sago is relatively rare and grows only a couple of inches a year, it's a pricey lawn decoration: A two-foot tall Sago can retail for $1,000, and taller ones often fetch $3,000 or more.@@@@1@36@@oe@2-2-2013
21379008@unknown@formal@none@1@S@"Evidently, somebody has realized it's easy money to steal these things," says Loran Whitelock, a research associate specializing in cycads at the Los Angeles State and County Arboretum.@@@@1@28@@oe@2-2-2013
21379009@unknown@formal@none@1@S@Just last week, would-be thieves damaged three Sagos at Mr. Whitelock's home in the Eagle Rock section before something frightened them off, foiled.@@@@1@23@@oe@2-2-2013
21379010@unknown@formal@none@1@S@"It's hard to think someone is raping your garden," he says.@@@@1@11@@oe@2-2-2013
21379011@unknown@formal@none@1@S@Police suspect that the criminals, who dig up the plants in the dead of night, are selling them to nurseries or landscapers.@@@@1@22@@oe@2-2-2013
21379012@unknown@formal@none@1@S@The Sago has become a popular accent in tony new housing tracts, apparently giving the rustlers a ready market for their filched fronds.@@@@1@23@@oe@2-2-2013
21379013@unknown@formal@none@1@S@Thieves are going to find "anybody who has enough bucks to plant these things in their front yard," says William Morrissey, an investigator with the police department in Garden Grove, Calif., where five such thefts have been reported in the past several weeks.@@@@1@43@@oe@2-2-2013
21379014@unknown@formal@none@1@S@The department is advising residents to plant Sagos, if they must, in the back yard and telling nurseries to be on the lookout for anyone trying to palm one off.@@@@1@30@@oe@2-2-2013
21379015@unknown@formal@none@1@S@But for those Californians who want exotic gardens out front where neighbors can appreciate them, there's always Harold Smith's approach.@@@@1@20@@oe@2-2-2013
21379016@unknown@formal@none@1@S@After three Sagos were stolen from his home in Garden Grove, "I put a big iron stake in the ground and tied the tree to the stake with a chain," he says proudly.@@@@1@33@@oe@2-2-2013
21379017@unknown@formal@none@1@S@"And you can't cut this chain with bolt cutters.@@@@1@9@@oe@2-2-2013
21380001@unknown@formal@none@1@S@Program trading on the New York Stock Exchange in September rose to its highest recorded level as a percentage of total monthly trading volume.@@@@1@24@@oe@2-2-2013
21380002@unknown@formal@none@1@S@September program trading amounted to 13.8% of average daily New York Stock Exchange volume of 151.8 million shares, the largest percentage since the exchange began making such figures public in July 1988.@@@@1@32@@oe@2-2-2013
21380003@unknown@formal@none@1@S@A daily average of 20.9 million shares traded in program strategies in September, the second-highest level ever.@@@@1@17@@oe@2-2-2013
21380004@unknown@formal@none@1@S@The highest level was in June 1989, when a daily average of 22.1 million shares traded in program strategies.@@@@1@19@@oe@2-2-2013
21380005@unknown@formal@none@1@S@Average daily trading volume in June of 180.3 million shares was considerably higher than in September.@@@@1@16@@oe@2-2-2013
21380006@unknown@formal@none@1@S@Program trading amounted to 12.3% of average daily volume in June.@@@@1@11@@oe@2-2-2013
21380007@unknown@formal@none@1@S@The Big Board says program trading describes a variety of strategies involving the purchase or sale of a basket of 15 or more stocks.@@@@1@24@@oe@2-2-2013
21380008@unknown@formal@none@1@S@The most controversial of these is stock-index arbitrage, in which traders buy or sell baskets of stocks and offset the position with an opposite trade in stock-index futures to lock in profits.@@@@1@32@@oe@2-2-2013
21380009@unknown@formal@none@1@S@It's the most controversial form of program trading because it can create abrupt price swings in the stock market.@@@@1@19@@oe@2-2-2013
21380010@unknown@formal@none@1@S@Salomon Brothers Inc. was the top program trader in September, but most of the firm's activity involved portfolio trading strategies other than stock-index arbitrage.@@@@1@24@@oe@2-2-2013
21380011@unknown@formal@none@1@S@Overall, Salomon reported program trading volume of 75.2 million shares.@@@@1@10@@oe@2-2-2013