dev

18 Pierre NNP Vinken NNP , , 61 CD years NNS old JJ , , will MD join VB the DT board NN as IN a DT nonexecutive JJ director NN Nov. NNP 29 CD . . 
13 Mr. NNP Vinken NNP is VBZ chairman NN of IN Elsevier NNP N.V. NNP , , the DT Dutch NNP publishing VBG group NN . . 
26 Rudolph NNP Agnew NNP , , 55 CD years NNS old JJ and CC former JJ chairman NN of IN Consolidated NNP Gold NNP Fields NNP PLC NNP , , was VBD named VBN a DT nonexecutive JJ director NN of IN this DT British JJ industrial JJ conglomerate NN . . 
36 A DT form NN of IN asbestos NN once RB used VBN to TO make VB Kent NNP cigarette NN filters NNS has VBZ caused VBN a DT high JJ percentage NN of IN cancer NN deaths NNS among IN a DT group NN of IN workers NNS exposed VBN to TO it PRP more RBR than IN 30 CD years NNS ago IN , , researchers NNS reported VBD . . 
32 The DT asbestos NN fiber NN , , crocidolite NN , , is VBZ unusually RB resilient JJ once IN it PRP enters VBZ the DT lungs NNS , , with IN even RB brief JJ exposures NNS to TO it PRP causing VBG symptoms NNS that WDT show VBP up RP decades NNS later JJ , , researchers NNS said VBD . . 
26 Lorillard NNP Inc. NNP , , the DT unit NN of IN New JJ York-based JJ Loews NNP Corp. NNP that WDT makes VBZ Kent NNP cigarettes NNS , , stopped VBD using VBG crocidolite NN in IN its PRP$ Micronite NN cigarette NN filters NNS in IN 1956 CD . . 
35 Although IN preliminary JJ findings NNS were VBD reported VBN more RBR than IN a DT year NN ago IN , , the DT latest JJS results NNS appear VBP in IN today NN 's POS New NNP England NNP Journal NNP of IN Medicine NNP , , a DT forum NN likely JJ to TO bring VB new JJ attention NN to TO the DT problem NN . . 
12 A DT Lorillard NNP spokewoman NN said VBD , , `` `` This DT is VBZ an DT old JJ story NN . . 
16 We PRP 're VBP talking VBG about IN years NNS ago IN before IN anyone NN heard VBD of IN asbestos NN having VBG any DT questionable JJ properties NNS . . 
10 There EX is VBZ no DT asbestos NN in IN our PRP$ products NNS now RB . . '' '' 
21 Neither DT Lorillard NNP nor CC the DT researchers NNS who WP studied VBD the DT workers NNS were VBD aware JJ of IN any DT research NN on IN smokers NNS of IN the DT Kent NNP cigarettes NNS . . 
25 `` `` We PRP have VBP no DT useful JJ information NN on IN whether IN users NNS are VBP at IN risk NN , , '' '' said VBD James NNP A. NNP Talcott NNP of IN Boston NNP 's POS Dana-Farber NNP Cancer NNP Institute NNP . . 
23 Dr. NNP Talcott NNP led VBD a DT team NN of IN researchers NNS from IN the DT National NNP Cancer NNP Institute NNP and CC the DT medical JJ schools NNS of IN Harvard NNP University NNP and CC Boston NNP University NNP . . 
34 The DT Lorillard NNP spokeswoman NN said VBD asbestos NN was VBD used VBN in IN `` `` very RB modest JJ amounts NNS '' '' in IN making VBG paper NN for IN the DT filters NNS in IN the DT early JJ 1950s CD and CC replaced VBN with IN a DT different JJ type NN of IN filter NN in IN 1956 CD . . 
19 From IN 1953 CD to TO 1955 CD , , 9.8 CD billion CD Kent NNP cigarettes NNS with IN the DT filters NNS were VBD sold VBN , , the DT company NN said VBD . . 
22 Among IN 33 CD men NNS who WP worked VBD closely RB with IN the DT substance NN , , 28 CD have VBP died VBN -- : more JJ than IN three CD times NNS the DT expected VBN number NN . . 
17 Four CD of IN the DT five CD surviving VBG workers NNS have VBP asbestos-related JJ diseases NNS , , including VBG three CD with IN recently RB diagnosed VBN cancer NN . . 
23 The DT total NN of IN 18 CD deaths NNS from IN malignant JJ mesothelioma NN , , lung NN cancer NN and CC asbestosis NN was VBD far RB higher JJR than IN expected VBN , , the DT researchers NNS said VBD . . 
22 `` `` The DT morbidity NN rate NN is VBZ a DT striking JJ finding NN among IN those DT of IN us PRP who WP study VBP asbestos-related JJ diseases NNS , , '' '' said VBD Dr. NNP Talcott NNP . . 
36 The DT percentage NN of IN lung NN cancer NN deaths NNS among IN the DT workers NNS at IN the DT West NNP Groton NNP , , Mass. NNP , , paper NN factory NN appears VBZ to TO be VB the DT highest JJS for IN any DT asbestos NN workers NNS studied VBN in IN Western JJ industrialized VBN countries NNS , , he PRP said VBD . . 
23 The DT plant NN , , which WDT is VBZ owned VBN by IN Hollingsworth NNP & CC Vose NNP Co. NNP , , was VBD under IN contract NN with IN Lorillard NN to TO make VB the DT cigarette NN filters NNS . . 
42 The DT finding NN probably RB will MD support VB those DT who WP argue VBP that IN the DT U.S. NNP should MD regulate VB the DT class NN of IN asbestos NN including VBG crocidolite NN more RBR stringently RB than IN the DT common JJ kind NN of IN asbestos NN , , chrysotile NN , , found VBN in IN most JJS schools NNS and CC other JJ buildings NNS , , Dr. NNP Talcott NNP said VBD . . 
52 The DT U.S. NNP is VBZ one CD of IN the DT few JJ industrialized VBN nations NNS that WDT does VBZ n't RB have VB a DT higher JJR standard NN of IN regulation NN for IN the DT smooth JJ , , needle-like JJ fibers NNS such JJ as IN crocidolite NN that WDT are VBP classified VBN as IN amphobiles NNS , , according VBG to TO Brooke NNP T. NNP Mossman NNP , , a DT professor NN of IN pathlogy NN at IN the DT University NNP of IN Vermont NNP College NNP of IN Medicine NNP . . 
19 More RBR common JJ chrysotile NN fibers NNS are VBP curly JJ and CC are VBP more RBR easily RB rejected VBN by IN the DT body NN , , Dr. NNP Mossman NNP explained VBD . . 
18 In IN July NNP , , the DT Environmental NNP Protection NNP Agency NNP imposed VBD a DT gradual JJ ban NN on IN virtually RB all DT uses NNS of IN asbestos NN . . 
14 By IN 1997 CD , , almost RB all DT remaining VBG uses NNS of IN cancer-causing JJ asbestos NN will MD be VB outlawed VBN . . 
21 About IN 160 CD workers NNS at IN a DT factory NN that WDT made VBD paper NN for IN the DT Kent NNP filters NNS were VBD exposed VBN to TO asbestos NN in IN the DT 1950s CD . . 
13 Areas NNS of IN the DT factory NN were VBD particularly RB dusty JJ where WRB the DT crocidolite NN was VBD used VBN . . 
34 Workers NNS dumped VBD large JJ burlap NN sacks NNS of IN the DT imported VBN material NN into IN a DT huge JJ bin NN , , poured VBD in RP cotton NN and CC acetate NN fibers NNS and CC mechanically RB mixed VBD the DT dry JJ fibers NNS in IN a DT process NN used VBN to TO make VB filters NNS . . 
24 Workers NNS described VBD `` `` clouds NNS of IN blue JJ dust NN '' '' that WDT hung VBD over IN parts NNS of IN the DT factory NN , , even RB though IN exhaust NN fans NNS ventilated VBD the DT area NN . . 
31 `` `` There EX 's VBZ no DT question NN that IN some DT of IN those DT workers NNS and CC managers NNS contracted VBD asbestos-related JJ diseases NNS , , '' '' said VBD Darrell NNP Phillips NNP , , vice NN president NN of IN human JJ resources NNS for IN Hollingsworth NNP & CC Vose NNP . . 
15 `` `` But CC you PRP have VBP to TO recognize VB that IN these DT events NNS took VBD place NN 35 CD years NNS ago IN . . 
10 It PRP has VBZ no DT bearing NN on IN our PRP$ work NN force NN today NN . . 
21 Yields NNS on IN money-market JJ mutual JJ funds NNS continued VBD to TO slide VB , , amid IN signs NNS that IN portfolio NN managers NNS expect VBP further JJ declines NNS in IN interest NN rates NNS . . 
36 The DT average JJ seven-day JJ compound NN yield NN of IN the DT 400 CD taxable JJ funds NNS tracked VBN by IN IBC NNP 's POS Money NNP Fund NNP Report NNP eased VBD a DT fraction NN of IN a DT percentage NN point NN to TO 8.45 CD % NN from IN 8.47 CD % NN for IN the DT week NN ended VBD Tuesday NNP . . 
16 Compound NN yields NNS assume VBP reinvestment NN of IN dividends NNS and CC that IN the DT current JJ yield NN continues VBZ for IN a DT year NN . . 
26 Average JJ maturity NN of IN the DT funds NNS ' POS investments NNS lengthened VBD by IN a DT day NN to TO 41 CD days NNS , , the DT longest JJS since IN early JJ August NNP , , according VBG to TO Donoghue NNP 's POS . . 
24 Longer JJR maturities NNS are VBP thought VBN to TO indicate VB declining VBG interest NN rates NNS because IN they PRP permit VBP portfolio NN managers NNS to TO retain VB relatively RB higher JJR rates NNS for IN a DT longer JJR period NN . . 
18 Shorter JJR maturities NNS are VBP considered VBN a DT sign NN of IN rising VBG rates NNS because IN portfolio NN managers NNS can MD capture VB higher JJR rates NNS sooner RB . . 
37 The DT average JJ maturity NN for IN funds NNS open JJ only RB to TO institutions NNS , , considered VBN by IN some DT to TO be VB a DT stronger JJR indicator NN because IN those DT managers NNS watch VBP the DT market NN closely RB , , reached VBD a DT high JJ point NN for IN the DT year NN -- : 33 CD days NNS . . 
33 Nevertheless RB , , said VBD Brenda NNP Malizia NNP Negus NNP , , editor NN of IN Money NNP Fund NNP Report NNP , , yields NNS `` `` may MD blip VB up RP again RB before IN they PRP blip VBP down RP '' '' because IN of IN recent JJ rises NNS in IN short-term JJ interest NN rates NNS . . 
23 The DT yield NN on IN six-month JJ Treasury NNP bills NNS sold VBN at IN Monday NNP 's POS auction NN , , for IN example NN , , rose VBD to TO 8.04 CD % NN from IN 7.90 CD % NN . . 
15 Despite IN recent JJ declines NNS in IN yields NNS , , investors NNS continue VBP to TO pour VB cash NN into IN money NN funds NNS . . 
21 Assets NNS of IN the DT 400 CD taxable JJ funds NNS grew VBD by IN $ $ 1.5 CD billion CD during IN the DT latest JJS week NN , , to TO $ $ 352.7 CD billion CD . . 
21 Typically RB , , money-fund NN yields NNS beat VBP comparable JJ short-term JJ investments NNS because IN portfolio NN managers NNS can MD vary VB maturities NNS and CC go VB after IN the DT highest JJS rates NNS . . 
12 The DT top JJ money NN funds NNS are VBP currently RB yielding VBG well RB over IN 9 CD % NN . . 
29 Dreyfus NNP World-Wide NNP Dollar NNP , , the DT top-yielding JJ fund NN , , had VBD a DT seven-day JJ compound NN yield NN of IN 9.37 CD % NN during IN the DT latest JJS week NN , , down RB from IN 9.45 CD % NN a DT week NN earlier JJR . . 
19 It PRP invests VBZ heavily RB in IN dollar-denominated JJ securities NNS overseas RB and CC is VBZ currently RB waiving VBG management NN fees NNS , , which WDT boosts VBZ its PRP$ yield NN . . 
18 The DT average JJ seven-day JJ simple JJ yield NN of IN the DT 400 CD funds NNS was VBD 8.12 CD % NN , , down RB from IN 8.14 CD % NN . . 
28 The DT 30-day JJ simple JJ yield NN fell VBD to TO an DT average JJ 8.19 CD % NN from IN 8.22 CD % NN ; : the DT 30-day JJ compound NN yield NN slid VBD to TO an DT average JJ 8.53 CD % NN from IN 8.56 CD % NN . . 
27 J.P. NNP Bolduc NNP , , vice NN chairman NN of IN W.R. NNP Grace NNP & CC Co. NNP , , which WDT holds VBZ a DT 83.4 CD % NN interest NN in IN this DT energy-services JJ company NN , , was VBD elected VBN a DT director NN . . 
16 He PRP succeeds VBZ Terrence NNP D. NNP Daniels NNP , , formerly RB a DT W.R. NNP Grace NNP vice NN chairman NN , , who WP resigned VBD . . 
12 W.R. NNP Grace NNP holds VBZ three CD of IN Grace NNP Energy NNP 's POS seven CD board NN seats NNS . . 
26 Pacific NNP First NNP Financial NNP Corp. NNP said VBD shareholders NNS approved VBD its PRP$ acquisition NN by IN Royal NNP Trustco NNP Ltd. NNP of IN Toronto NNP for IN $ $ 27 CD a DT share NN , , or CC $ $ 212 CD million CD . . 
18 The DT thrift NN holding VBG company NN said VBD it PRP expects VBZ to TO obtain VB regulatory JJ approval NN and CC complete VB the DT transaction NN by IN year-end NN . . 
27 McDermott NNP International NNP Inc. NNP said VBD its PRP$ Babcock NNP & CC Wilcox NNP unit NN completed VBD the DT sale NN of IN its PRP$ Bailey NNP Controls NNP Operations NNP to TO Finmeccanica NNP S.p NNP . . A. NNP for IN $ $ 295 CD million CD . . 
15 Finmeccanica NNP is VBZ an DT Italian JJ state-owned JJ holding VBG company NN with IN interests NNS in IN the DT mechanical JJ engineering NN industry NN . . 
15 Bailey NNP Controls NNP , , based VBN in IN Wickliffe NNP , , Ohio NNP , , makes VBZ computerized JJ industrial JJ controls NNS systems NNS . . 
14 It PRP employs VBZ 2,700 CD people NNS and CC has VBZ annual JJ revenue NN of IN about IN $ $ 370 CD million CD . . 
20 The DT federal JJ government NN suspended VBD sales NNS of IN U.S. NNP savings NNS bonds NNS because IN Congress NNP has VBZ n't RB lifted VBN the DT ceiling NN on IN government NN debt NN . . 
23 Until IN Congress NNP acts VBZ , , the DT government NN has VBZ n't RB any DT authority NN to TO issue VB new JJ debt NN obligations NNS of IN any DT kind NN , , the DT Treasury NNP said VBD . . 
18 The DT government NN 's POS borrowing NN authority NN dropped VBD at IN midnight NN Tuesday NNP to TO $ $ 2.80 CD trillion CD from IN $ $ 2.87 CD trillion CD . . 
16 Legislation NN to TO lift VB the DT debt NN ceiling NN is VBZ ensnarled VBN in IN the DT fight NN over IN cutting VBG capital-gains JJ taxes NNS . . 
28 The DT House NNP has VBZ voted VBN to TO raise VB the DT ceiling NN to TO $ $ 3.1 CD trillion CD , , but CC the DT Senate NNP is VBZ n't RB expected VBN to TO act VB until IN next JJ week NN at IN the DT earliest JJS . . 
18 The DT Treasury NNP said VBD the DT U.S. NNP will MD default VB on IN Nov. NNP 9 CD if IN Congress NNP does VBZ n't RB act VB by IN then RB . . 
26 Clark NNP J. NNP Vitulli NNP was VBD named VBN senior JJ vice NN president NN and CC general JJ manager NN of IN this DT U.S. NNP sales NNS and CC marketing NN arm NN of IN Japanese JJ auto NN maker NN Mazda NNP Motor NNP Corp NNP . . 
19 In IN the DT new JJ position NN he PRP will MD oversee VB Mazda NNP 's POS U.S. NNP sales NNS , , service NN , , parts NNS and CC marketing NN operations NNS . . 
20 Previously RB , , Mr. NNP Vitulli NNP , , 43 CD years NNS old JJ , , was VBD general JJ marketing NN manager NN of IN Chrysler NNP Corp. NNP 's POS Chrysler NNP division NN . . 
14 He PRP had VBD been VBN a DT sales NNS and CC marketing NN executive NN with IN Chrysler NNP for IN 20 CD years NNS . . 
31 When WRB it PRP 's VBZ time NN for IN their PRP$ biannual JJ powwow NN , , the DT nation NN 's POS manufacturing VBG titans NNS typically RB jet VBP off RP to TO the DT sunny JJ confines NNS of IN resort NN towns NNS like IN Boca NNP Raton NNP and CC Hot NNP Springs NNP . . 
4 Not RB this DT year NN . . 
18 The DT National NNP Association NNP of IN Manufacturers NNP settled VBD on IN the DT Hoosier NNP capital NN of IN Indianapolis NNP for IN its PRP$ fall NN board NN meeting NN . . 
18 And CC the DT city NN decided VBD to TO treat VB its PRP$ guests NNS more JJR like IN royalty NN or CC rock NN stars NNS than IN factory NN owners NNS . . 
39 The DT idea NN , , of IN course NN : : to TO prove VB to TO 125 CD corporate JJ decision NN makers NNS that IN the DT buckle NN on IN the DT Rust NNP Belt NNP is VBZ n't RB so RB rusty JJ after IN all DT , , that IN it PRP 's VBZ a DT good JJ place NN for IN a DT company NN to TO expand VB . . 
31 On IN the DT receiving VBG end NN of IN the DT message NN were VBD officials NNS from IN giants NNS like IN Du NNP Pont NNP and CC Maytag NNP , , along IN with IN lesser JJR knowns NNS like IN Trojan NNP Steel NNP and CC the DT Valley NNP Queen NNP Cheese NNP Factory NNP . . 
26 For IN starters NNS , , the DT executives NNS joined VBD Mayor NNP William NNP H. NNP Hudnut NNP III NNP for IN an DT evening NN of IN the DT Indianapolis NNP Symphony NNP Orchestra NNP and CC a DT guest NN pianist-comedian NN Victor NNP Borge NNP . . 
5 Champagne NN and CC dessert NN followed VBD . . 
29 The DT next JJ morning NN , , with IN a DT police NN escort NN , , busloads NNS of IN executives NNS and CC their PRP$ wives NNS raced VBD to TO the DT Indianapolis NNP Motor NNP Speedway NNP , , unimpeded JJ by IN traffic NN or CC red JJ lights NNS . . 
16 The DT governor NN could MD n't RB make VB it PRP , , so IN the DT lieutenant NN governor NN welcomed VBD the DT special JJ guests NNS . . 
19 A DT buffet NN breakfast NN was VBD held VBN in IN the DT museum NN , , where WRB food NN and CC drinks NNS are VBP banned VBN to TO everyday JJ visitors NNS . . 
29 Then RB , , in IN the DT guests NNS ' POS honor NN , , the DT speedway NN hauled VBD out RP four CD drivers NNS , , crews NNS and CC even RB the DT official JJ Indianapolis NNP 500 CD announcer NN for IN a DT 10-lap JJ exhibition NN race NN . . 
16 After IN the DT race NN , , Fortune NNP 500 CD executives NNS drooled VBD like IN schoolboys NNS over IN the DT cars NNS and CC drivers NNS . . 
22 No DT dummies NNS , , the DT drivers NNS pointed VBD out RP they PRP still RB had VBD space NN on IN their PRP$ machines NNS for IN another DT sponsor NN 's POS name NN or CC two CD . . 
19 Back RB downtown NN , , the DT execs NNS squeezed VBD in RP a DT few JJ meetings NNS at IN the DT hotel NN before IN boarding VBG the DT buses NNS again RB . . 
14 This DT time NN , , it PRP was VBD for IN dinner NN and CC dancing NN -- : a DT block NN away RB . . 
38 Under IN the DT stars NNS and CC moons NNS of IN the DT renovated VBN Indiana NNP Roof NNP ballroom NN , , nine CD of IN the DT hottest JJS chefs NNS in IN town NN fed VBD them PRP Indiana NNP duckling NN mousseline NN , , lobster NN consomme NN , , veal NN mignon NN and CC chocolate JJ terrine NN with IN a DT raspberry NN sauce NN . . 
22 Knowing VBG a DT tasty JJ -- : and CC free JJ -- : meal NN when WRB they PRP eat VBP one CD , , the DT executives NNS gave VBD the DT chefs NNS a DT standing JJ ovation NN . . 
21 More JJR than IN a DT few JJ CEOs NNS say VBP the DT red-carpet JJ treatment NN tempts VBZ them PRP to TO return VB to TO a DT heartland NN city NN for IN future JJ meetings NNS . . 
17 But CC for IN now RB , , they PRP 're VBP looking VBG forward RB to TO their PRP$ winter NN meeting NN -- : Boca NNP in IN February NNP . . 
27 South NNP Korea NNP registered VBD a DT trade NN deficit NN of IN $ $ 101 CD million CD in IN October NNP , , reflecting VBG the DT country NN 's POS economic JJ sluggishness NN , , according VBG to TO government NN figures NNS released VBD Wednesday NNP . . 
32 Preliminary JJ tallies NNS by IN the DT Trade NNP and CC Industry NNP Ministry NNP showed VBD another DT trade NN deficit NN in IN October NNP , , the DT fifth JJ monthly JJ setback NN this DT year NN , , casting VBG a DT cloud NN on IN South NNP Korea NNP 's POS export-oriented JJ economy NN . . 
35 Exports NNS in IN October NNP stood VBD at IN $ $ 5.29 CD billion CD , , a DT mere JJ 0.7 CD % NN increase NN from IN a DT year NN earlier JJR , , while IN imports NNS increased VBD sharply RB to TO $ $ 5.39 CD billion CD , , up RB 20 CD % NN from IN last JJ October NNP . . 
26 South NNP Korea NNP 's POS economic JJ boom NN , , which WDT began VBD in IN 1986 CD , , stopped VBD this DT year NN because IN of IN prolonged VBN labor NN disputes NNS , , trade NN conflicts NNS and CC sluggish JJ exports NNS . . 
21 Government NN officials NNS said VBD exports NNS at IN the DT end NN of IN the DT year NN would MD remain VB under IN a DT government NN target NN of IN $ $ 68 CD billion CD . . 
21 Despite IN the DT gloomy JJ forecast NN , , South NNP Korea NNP has VBZ recorded VBN a DT trade NN surplus NN of IN $ $ 71 CD million CD so IN far IN this DT year NN . . 
24 From IN January NNP to TO October NNP , , the DT nation NN 's POS accumulated VBN exports NNS increased VBD 4 CD % NN from IN the DT same JJ period NN last JJ year NN to TO $ $ 50.45 CD billion CD . . 
11 Imports NNS were VBD at IN $ $ 50.38 CD billion CD , , up RB 19 CD % NN . . 
29 Newsweek NNP , , trying VBG to TO keep VB pace NN with IN rival JJ Time NNP magazine NN , , announced VBD new JJ advertising NN rates NNS for IN 1990 CD and CC said VBD it PRP will MD introduce VB a DT new JJ incentive NN plan NN for IN advertisers NNS . . 
29 The DT new JJ ad NN plan NN from IN Newsweek NNP , , a DT unit NN of IN the DT Washington NNP Post NNP Co. NNP , , is VBZ the DT second JJ incentive NN plan NN the DT magazine NN has VBZ offered VBN advertisers NNS in IN three CD years NNS . . 
45 Plans NNS that WDT give VBP advertisers NNS discounts NNS for IN maintaining VBG or CC increasing VBG ad NN spending NN have VBP become VBN permanent JJ fixtures NNS at IN the DT news NN weeklies NNS and CC underscore VBP the DT fierce JJ competition NN between IN Newsweek NNP , , Time NNP Warner NNP Inc. NNP 's POS Time NNP magazine NN , , and CC Mortimer NNP B. NNP Zuckerman NNP 's POS U.S. NNP News NNP & CC World NNP Report NNP . . 
20 Alan NNP Spoon NNP , , recently RB named VBN Newsweek NNP president NN , , said VBD Newsweek NNP 's POS ad NN rates NNS would MD increase VB 5 CD % NN in IN January NNP . . 
12 A DT full JJ , , four-color JJ page NN in IN Newsweek NNP will MD cost VB $ $ 100,980 CD . . 
49 In IN mid-October NNP , , Time NNP magazine NN lowered VBD its PRP$ guaranteed VBN circulation NN rate NN base NN for IN 1990 CD while IN not RB increasing VBG ad NN page NN rates NNS ; : with IN a DT lower JJR circulation NN base NN , , Time NNP 's POS ad NN rate NN will MD be VB effectively RB 7.5 CD % NN higher JJR per IN subscriber NN ; : a DT full JJ page NN in IN Time NNP costs VBZ about IN $ $ 120,000 CD . . 
11 U.S. NNP News NNP has VBZ yet RB to TO announce VB its PRP$ 1990 CD ad NN rates NNS . . 
22 Newsweek NNP said VBD it PRP will MD introduce VB the DT Circulation NNP Credit NNP Plan NNP , , which WDT awards VBZ space NN credits NNS to TO advertisers NNS on IN `` `` renewal NN advertising NN . . '' '' 
35 The DT magazine NN will MD reward VB with IN `` `` page NN bonuses NNS '' '' advertisers NNS who WP in IN 1990 CD meet VBP or CC exceed VBP their PRP$ 1989 CD spending NN , , as RB long RB as IN they PRP spent VBD $ $ 325,000 CD in IN 1989 CD and CC $ $ 340,000 CD in IN 1990 CD . . 
47 Mr. NNP Spoon NNP said VBD the DT plan NN is VBZ not RB an DT attempt NN to TO shore VB up RP a DT decline NN in IN ad NN pages NNS in IN the DT first JJ nine CD months NNS of IN 1989 CD ; : Newsweek NNP 's POS ad NN pages NNS totaled VBD 1,620 CD , , a DT drop NN of IN 3.2 CD % NN from IN last JJ year NN , , according VBG to TO Publishers NNP Information NNP Bureau NNP . . 
27 `` `` What WP matters VBZ is VBZ what WP advertisers NNS are VBP paying VBG per IN page NN , , and CC in IN that DT department NN we PRP are VBP doing VBG fine RB this DT fall NN , , '' '' said VBD Mr. NNP Spoon NNP . . 
27 Both DT Newsweek NNP and CC U.S. NNP News NNP have VBP been VBN gaining VBG circulation NN in IN recent JJ years NNS without IN heavy JJ use NN of IN electronic JJ giveaways NNS to TO subscribers NNS , , such JJ as IN telephones NNS or CC watches NNS . . 
13 However RB , , none NN of IN the DT big JJ three CD weeklies NNS recorded VBD circulation NN gains NNS recently RB . . 
25 According VBG to TO Audit NNP Bureau NNP of IN Circulations NNP , , Time NNP , , the DT largest JJS newsweekly RB , , had VBD average JJ circulation NN of IN 4,393,237 CD , , a DT decrease NN of IN 7.3 CD % NN . . 
21 Newsweek NNP 's POS circulation NN for IN the DT first JJ six CD months NNS of IN 1989 CD was VBD 3,288,453 CD , , flat JJ from IN the DT same JJ period NN last JJ year NN . . 
15 U.S. NNP News NNP ' POS circulation NN in IN the DT same JJ time NN was VBD 2,303,328 CD , , down RB 2.6 CD % NN . . 
39 New NNP England NNP Electric NNP System NNP bowed VBD out IN of IN the DT bidding NN for IN Public NNP Service NNP Co. NNP of IN New NNP Hampshire NNP , , saying VBG that IN the DT risks NNS were VBD too RB high JJ and CC the DT potential JJ payoff NN too RB far RB in IN the DT future NN to TO justify VB a DT higher JJR offer NN . . 
42 The DT move NN leaves VBZ United NNP Illuminating NNP Co. NNP and CC Northeast NNP Utilities NNP as IN the DT remaining VBG outside JJ bidders NNS for IN PS NNP of IN New NNP Hampshire NNP , , which WDT also RB has VBZ proposed VBN an DT internal JJ reorganization NN plan NN in IN Chapter NN 11 CD bankruptcy NN proceedings NNS under IN which WDT it PRP would MD remain VB an DT independent JJ company NN . . 
47 New NNP England NNP Electric NNP , , based VBN in IN Westborough NNP , , Mass. NNP , , had VBD offered VBN $ $ 2 CD billion CD to TO acquire VB PS NNP of IN New NNP Hampshire NNP , , well RB below IN the DT $ $ 2.29 CD billion CD value NN United NNP Illuminating NNP places NNS on IN its PRP$ bid NN and CC the DT $ $ 2.25 CD billion CD Northeast NNP says VBZ its PRP$ bid NN is VBZ worth IN . . 
19 United NNP Illuminating NNP is VBZ based VBN in IN New NNP Haven NNP , , Conn. NNP , , and CC Northeast NNP is VBZ based VBN in IN Hartford NNP , , Conn NNP . . 
20 PS NNP of IN New NNP Hampshire NNP , , Manchester NNP , , N.H. NNP , , values VBZ its PRP$ internal JJ reorganization NN plan NN at IN about IN $ $ 2.2 CD billion CD . . 
54 John NNP Rowe NNP , , president NN and CC chief JJ executive JJ officer NN of IN New NNP England NNP Electric NNP , , said VBD the DT company NN 's POS return NN on IN equity NN could MD suffer VB if IN it PRP made VBD a DT higher JJR bid NN and CC its PRP$ forecasts NNS related VBN to TO PS NNP of IN New NNP Hampshire NNP -- : such JJ as IN growth NN in IN electricity NN demand NN and CC improved VBN operating NN efficiencies NNS -- : did VBD n't RB come VB true JJ . . 
29 `` `` When WRB we PRP evaluated VBD raising VBG our PRP$ bid NN , , the DT risks NNS seemed VBD substantial JJ and CC persistent JJ over IN the DT next JJ five CD years NNS , , and CC the DT rewards NNS seemed VBD a DT long JJ way NN out IN . . 
10 That WDT got VBD hard RB to TO take VB , , '' '' he PRP added VBD . . 
13 Mr. NNP Rowe NNP also RB noted VBD that IN political JJ concerns NNS also RB worried VBN New NNP England NNP Electric NNP . . 
29 No DT matter NN who WP owns VBZ PS NNP of IN New NNP Hampshire NNP , , after IN it PRP emerges VBZ from IN bankruptcy NN proceedings NNS its PRP$ rates NNS will MD be VB among IN the DT highest JJS in IN the DT nation NN , , he PRP said VBD . . 
5 `` `` That DT attracts VBZ attention NN ... : 
26 it PRP was VBD just RB another DT one CD of IN the DT risk NN factors NNS '' '' that WDT led VBD to TO the DT company NN 's POS decision NN to TO withdraw VB from IN the DT bidding NN , , he PRP added VBD . . 
32 Wilbur NNP Ross NNP Jr. NNP of IN Rothschild NNP Inc. NNP , , the DT financial JJ adviser NN to TO the DT troubled JJ company NN 's POS equity NN holders NNS , , said VBD the DT withdrawal NN of IN New NNP England NNP Electric NNP might MD speed VB up RP the DT reorganization NN process NN . . 
38 The DT fact NN that IN New NNP England NNP proposed VBD lower JJR rate NN increases NNS -- : 4.8 CD % NN over IN seven CD years NNS against IN around IN 5.5 CD % NN boosts NNS proposed VBN by IN the DT other JJ two CD outside JJ bidders NNS -- : complicated IN negotiations NNS with IN state NN officials NNS , , Mr. NNP Ross NNP asserted VBD . . 
12 `` `` Now RB the DT field NN is VBZ less RBR cluttered VBN , , '' '' he PRP added VBD . . 
27 Separately RB , , the DT Federal NNP Energy NNP Regulatory NNP Commission NNP turned VBD down RP for IN now RB a DT request NN by IN Northeast NNP seeking VBG approval NN of IN its PRP$ possible JJ purchase NN of IN PS NNP of IN New NNP Hampshire NNP . . 
39 Northeast NNP said VBD it PRP would MD refile VB its PRP$ request NN and CC still RB hopes VBZ for IN an DT expedited VBN review NN by IN the DT FERC NNP so IN that IN it PRP could MD complete VB the DT purchase NN by IN next JJ summer NN if IN its PRP$ bid NN is VBZ the DT one NN approved VBD by IN the DT bankruptcy NN court NN . . 
23 PS NNP of IN New NNP Hampshire NNP shares NNS closed VBD yesterday NN at IN $ $ 3.75 CD , , off IN 25 CD cents NNS , , in IN New NNP York NNP Stock NNP Exchange NNP composite JJ trading NN . . 
46 Norman NNP Ricken NNP , , 52 CD years NNS old JJ and CC former JJ president NN and CC chief NN operating VBG officer NN of IN Toys NNPS `` `` R NNP '' '' Us NNP Inc. NNP , , and CC Frederick NNP Deane NNP Jr. NNP , , 63 CD , , chairman NN of IN Signet NNP Banking NNP Corp. NNP , , were VBD elected VBN directors NNS of IN this DT consumer NN electronics NNS and CC appliances NNS retailing NN chain NN . . 
27 They PRP succeed VBP Daniel NNP M. NNP Rexinger NNP , , retired VBN Circuit NNP City NNP executive JJ vice NN president NN , , and CC Robert NNP R. NNP Glauber NNP , , U.S. NNP Treasury NNP undersecretary NN , , on IN the DT 12-member JJ board NN . . 
30 Commonwealth NNP Edison NNP Co. NNP was VBD ordered VBN to TO refund VB about IN $ $ 250 CD million CD to TO its PRP$ current JJ and CC former JJ ratepayers NNS for IN illegal JJ rates NNS collected VBN for IN cost NN overruns NNS on IN a DT nuclear JJ power NN plant NN . . 
34 The DT refund NN was VBD about IN $ $ 55 CD million CD more JJR than IN previously RB ordered VBN by IN the DT Illinois NNP Commerce NNP Commission NNP and CC trade NN groups NNS said VBD it PRP may MD be VB the DT largest JJS ever RB required VBN of IN a DT state NN or CC local JJ utility NN . . 
43 State NN court NN Judge NNP Richard NNP Curry NNP ordered VBD Edison NNP to TO make VB average JJ refunds NNS of IN about IN $ $ 45 CD to TO $ $ 50 CD each DT to TO Edison NNP customers NNS who WP have VBP received VBN electric JJ service NN since IN April NNP 1986 CD , , including VBG about IN two CD million CD customers NNS who WP have VBP moved VBN during IN that DT period NN . . 
29 Judge NNP Curry NNP ordered VBD the DT refunds NNS to TO begin VB Feb. NNP 1 CD and CC said VBD that IN he PRP would MD n't RB entertain VB any DT appeals NNS or CC other JJ attempts NNS to TO block VB his PRP$ order NN by IN Commonwealth NNP Edison NNP . . 
21 `` `` The DT refund NN pool NN ... : may MD not RB be VB held VBN hostage NN through IN another DT round NN of IN appeals NNS , , '' '' Judge NNP Curry NNP said VBD . . 
20 Commonwealth NNP Edison NNP said VBD it PRP is VBZ already RB appealing VBG the DT underlying VBG commission NN order NN and CC is VBZ considering VBG appealing VBG Judge NNP Curry NNP 's POS order NN . . 
23 The DT exact JJ amount NN of IN the DT refund NN will MD be VB determined VBN next JJ year NN based VBN on IN actual JJ collections NNS made VBN until IN Dec. NNP 31 CD of IN this DT year NN . . 
19 Commonwealth NNP Edison NNP said VBD the DT ruling NN could MD force VB it PRP to TO slash VB its PRP$ 1989 CD earnings NNS by IN $ $ 1.55 CD a DT share NN . . 
18 For IN 1988 CD , , Commonwealth NNP Edison NNP reported VBD earnings NNS of IN $ $ 737.5 CD million CD , , or CC $ $ 3.01 CD a DT share NN . . 
30 A DT Commonwealth NNP Edison NNP spokesman NN said VBD that IN tracking VBG down RP the DT two CD million CD customers NNS whose WP$ addresses NNS have VBP changed VBN during IN the DT past JJ 3 CD 1\/2 CD years NNS would MD be VB `` `` an DT administrative JJ nightmare NN . . '' '' 
20 In IN New NNP York NNP Stock NNP Exchange NNP composite JJ trading NN yesterday NN , , Commonwealth NNP Edison NNP closed VBD at IN $ $ 38.375 CD , , down RB 12.5 CD cents NNS . . 
17 The DT $ $ 2.5 CD billion CD Byron NNP 1 CD plant NN near IN Rockford NNP , , Ill. NNP , , was VBD completed VBN in IN 1985 CD . . 
27 In IN a DT disputed VBN 1985 CD ruling NN , , the DT Commerce NNP Commission NNP said VBD Commonwealth NNP Edison NNP could MD raise VB its PRP$ electricity NN rates NNS by IN $ $ 49 CD million CD to TO pay VB for IN the DT plant NN . . 
21 But CC state NN courts NNS upheld VBD a DT challenge NN by IN consumer NN groups NNS to TO the DT commission NN 's POS rate NN increase NN and CC found VBD the DT rates NNS illegal JJ . . 
20 The DT Illinois NNP Supreme NNP Court NNP ordered VBD the DT commission NN to TO audit VB Commonwealth NNP Edison NNP 's POS construction NN expenses NNS and CC refund VB any DT unreasonable JJ expenses NNS . . 
23 The DT utility NN has VBZ been VBN collecting VBG for IN the DT plant NN 's POS construction NN cost NN from IN its PRP$ 3.1 CD million CD customers NNS subject JJ to TO a DT refund NN since IN 1986 CD . . 
31 In IN August NNP , , the DT commission NN ruled VBD that IN between IN $ $ 190 CD million CD and CC $ $ 195 CD million CD of IN the DT plant NN 's POS construction NN cost NN was VBD unreasonable JJ and CC should MD be VB refunded VBN , , plus CC interest NN . . 
18 In IN his PRP$ ruling NN , , Judge NNP Curry NNP added VBD an DT additional JJ $ $ 55 CD million CD to TO the DT commission NN 's POS calculations NNS . . 
16 Last JJ month NN , , Judge NNP Curry NNP set VBD the DT interest NN rate NN on IN the DT refund NN at IN 9 CD % NN . . 
26 Commonwealth NNP Edison NNP now RB faces VBZ an DT additional JJ court-ordered JJ refund NN on IN its PRP$ summer\/winter JJ rate NN differential JJ collections NNS that IN the DT Illinois NNP Appellate NNP Court NNP has VBZ estimated VBN at IN $ $ 140 CD million CD . . 
29 And CC consumer NN groups NNS hope VBP that IN Judge NNP Curry NNP 's POS Byron NNP 1 CD order NN may MD set VB a DT precedent NN for IN a DT second JJ nuclear JJ rate NN case NN involving VBG Commonwealth NNP Edison NNP 's POS Braidwood NNP 2 CD plant NN . . 
17 Commonwealth NNP Edison NNP is VBZ seeking VBG about IN $ $ 245 CD million CD in IN rate NN increases NNS to TO pay VB for IN Braidwood NNP 2 CD . . 
15 The DT commission NN is VBZ expected VBN to TO rule VB on IN the DT Braidwood NNP 2 CD case NN by IN year NN end NN . . 
20 Last JJ year NN Commonwealth NNP Edison NNP had VBD to TO refund VB $ $ 72.7 CD million CD for IN poor JJ performance NN of IN its PRP$ LaSalle NNP I NNP nuclear JJ plant NN . . 
37 Japan NNP 's POS domestic JJ sales NNS of IN cars NNS , , trucks NNS and CC buses NNS in IN October NNP rose VBD 18 CD % NN from IN a DT year NN earlier JJR to TO 500,004 CD units NNS , , a DT record NN for IN the DT month NN , , the DT Japan NNP Automobile NNP Dealers NNPS ' POS Association NNP said VBD . . 
17 The DT strong JJ growth NN followed VBD year-to-year JJ increases NNS of IN 21 CD % NN in IN August NNP and CC 12 CD % NN in IN September NNP . . 
12 The DT monthly JJ sales NNS have VBP been VBN setting VBG records NNS every DT month NN since IN March NNP . . 
14 October NNP sales NNS , , compared VBN with IN the DT previous JJ month NN , , inched VBD down RB 0.4 CD % NN . . 
15 Sales NNS of IN passenger NN cars NNS grew VBD 22 CD % NN from IN a DT year NN earlier JJR to TO 361,376 CD units NNS . . 
30 Sales NNS of IN medium-sized JJ cars NNS , , which WDT benefited VBD from IN price NN reductions NNS arising VBG from IN introduction NN of IN the DT consumption NN tax NN , , more RBR than IN doubled VBD to TO 30,841 CD units NNS from IN 13,056 CD in IN October NNP 1988 CD . . 
25 Texas NNP Instruments NNPS Japan NNP Ltd. NNP , , a DT unit NN of IN Texas NNP Instruments NNPS Inc. NNP , , said VBD it PRP opened VBD a DT plant NN in IN South NNP Korea NNP to TO manufacture VB control NN devices NNS . . 
31 The DT new JJ plant NN , , located VBN in IN Chinchon NNP about IN 60 CD miles NNS from IN Seoul NNP , , will MD help VB meet VB increasing VBG and CC diversifying VBG demand NN for IN control NN products NNS in IN South NNP Korea NNP , , the DT company NN said VBD . . 
14 The DT plant NN will MD produce VB control NN devices NNS used VBN in IN motor NN vehicles NNS and CC household NN appliances NNS . . 
35 The DT survival NN of IN spinoff NN Cray NNP Computer NNP Corp. NNP as IN a DT fledgling NN in IN the DT supercomputer NN business NN appears VBZ to TO depend VB heavily RB on IN the DT creativity NN -- : and CC longevity NN -- : of IN its PRP$ chairman NN and CC chief NN designer NN , , Seymour NNP Cray NNP . . 
23 Not RB only RB is VBZ development NN of IN the DT new JJ company NN 's POS initial JJ machine NN tied VBD directly RB to TO Mr. NNP Cray NNP , , so RB is VBZ its PRP$ balance NN sheet NN . . 
46 Documents NNS filed VBN with IN the DT Securities NNPS and CC Exchange NNP Commission NNP on IN the DT pending VBG spinoff NN disclosed VBD that IN Cray NNP Research NNP Inc. NNP will MD withdraw VB the DT almost RB $ $ 100 CD million CD in IN financing NN it PRP is VBZ providing VBG the DT new JJ firm NN if IN Mr. NNP Cray NNP leaves VBZ or CC if IN the DT product-design JJ project NN he PRP heads VBZ is VBZ scrapped VBN . . 
37 The DT documents NNS also RB said VBD that IN although IN the DT 64-year-old JJ Mr. NNP Cray NNP has VBZ been VBN working VBG on IN the DT project NN for IN more RBR than IN six CD years NNS , , the DT Cray-3 NNP machine NN is VBZ at IN least JJS another DT year NN away RB from IN a DT fully RB operational JJ prototype NN . . 
24 Moreover JJR , , there EX have VBP been VBN no DT orders NNS for IN the DT Cray-3 NNP so RB far RB , , though IN the DT company NN says VBZ it PRP is VBZ talking VBG with IN several JJ prospects NNS . . 
33 While IN many JJ of IN the DT risks NNS were VBD anticipated VBN when WRB Minneapolis-based JJ Cray NNP Research NNP first RB announced VBD the DT spinoff NN in IN May NNP , , the DT strings NNS it PRP attached VBD to TO the DT financing NN had VBD n't RB been VBN made VBN public JJ until IN yesterday NN . . 
26 `` `` We PRP did VBD n't RB have VB much RB of IN a DT choice NN , , '' '' Cray NNP Computer NNP 's POS chief NN financial JJ officer NN , , Gregory NNP Barnum NNP , , said VBD in IN an DT interview NN . . 
23 `` `` The DT theory NN is VBZ that IN Seymour NNP is VBZ the DT chief JJ designer NN of IN the DT Cray-3 NNP , , and CC without IN him PRP it PRP could MD not RB be VB completed VBN . . 
16 Cray NNP Research NNP did VBD not RB want VB to TO fund VB a DT project NN that WDT did VBD not RB include VB Seymour NNP . . '' '' 
20 The DT documents NNS also RB said VBD that IN Cray NNP Computer NNP anticipates VBZ needing VBG perhaps RB another DT $ $ 120 CD million CD in IN financing NN beginning VBG next JJ September NNP . . 
11 But CC Mr. NNP Barnum NNP called VBD that IN `` `` a DT worst-case JJ '' '' scenario NN . . 
30 The DT filing NN on IN the DT details NNS of IN the DT spinoff NN caused VBD Cray NNP Research NNP stock NN to TO jump VB $ $ 2.875 CD yesterday NN to TO close VB at IN $ $ 38 CD in IN New NNP York NNP Stock NNP Exchange NNP composite JJ trading NN . . 
30 Analysts NNS noted VBD yesterday NN that IN Cray NNP Research NNP 's POS decision NN to TO link VB its PRP$ $ $ 98.3 CD million CD promissory JJ note NN to TO Mr. NNP Cray NNP 's POS presence NN will MD complicate VB a DT valuation NN of IN the DT new JJ company NN . . 
26 `` `` It PRP has VBZ to TO be VB considered VBN as IN an DT additional JJ risk NN for IN the DT investor NN , , '' '' said VBD Gary NNP P. NNP Smaby NNP of IN Smaby NNP Group NNP Inc. NNP , , Minneapolis NNP . . 
13 `` `` Cray NNP Computer NNP will MD be VB a DT concept NN stock NN , , '' '' he PRP said VBD . . 
15 `` `` You PRP either RB believe VBP Seymour NNP can MD do VB it PRP again RB or CC you PRP do VBP n't RB . . '' '' 
25 Besides IN the DT designer NN 's POS age NN , , other JJ risk NN factors NNS for IN Mr. NNP Cray NNP 's POS new JJ company NN include VBP the DT Cray-3 NNP 's POS tricky JJ , , unproven JJ chip NN technology NN . . 
28 The DT SEC NNP documents NNS describe VBP those DT chips NNS , , which WDT are VBP made VBN of IN gallium NN arsenide NN , , as IN being VBG so RB fragile JJ and CC minute JJ they PRP will MD require VB special JJ robotic JJ handling NN equipment NN . . 
19 In IN addition NN , , the DT Cray-3 NNP will MD contain VB 16 CD processors NNS -- : twice RB as RB many JJ as IN the DT largest JJS current JJ supercomputer NN . . 
45 Cray NNP Computer NNP also RB will MD face VB intense JJ competition NN , , not RB only RB from IN Cray NNP Research NNP , , which WDT has VBZ about RB 60 CD % NN of IN the DT world-wide JJ supercomputer NN market NN and CC which WDT is VBZ expected VBN to TO roll VB out RP the DT C-90 NN machine NN , , a DT direct JJ competitor NN with IN the DT Cray-3 NNP , , in IN 1991 CD . . 
25 The DT spinoff NN also RB will MD compete VB with IN International NNP Business NNP Machines NNPS Corp. NNP and CC Japan NNP 's POS Big JJ Three CD -- : Hitachi NNP Ltd. NNP , , NEC NNP Corp. NNP and CC Fujitsu NNP Ltd NNP . . 
31 The DT new JJ company NN said VBD it PRP believes VBZ there EX are VBP fewer JJR than IN 100 CD potential JJ customers NNS for IN supercomputers NNS priced VBN between IN $ $ 15 CD million CD and CC $ $ 30 CD million CD -- : presumably RB the DT Cray-3 NNP price NN range NN . . 
35 Under IN terms NNS of IN the DT spinoff NN , , Cray NNP Research NNP stockholders NNS are VBP to TO receive VB one CD Cray NNP Computer NNP share NN for IN every DT two CD Cray NNP Research NNP shares NNS they PRP own VBP in IN a DT distribution NN expected VBN to TO occur VB in IN about IN two CD weeks NNS . . 
10 No DT price NN for IN the DT new JJ shares NNS has VBZ been VBN set VBN . . 
14 Instead RB , , the DT companies NNS will MD leave VB it PRP up IN to TO the DT marketplace NN to TO decide VB . . 
9 Cray NNP Computer NNP has VBZ applied VBN to TO trade VB on IN Nasdaq NNP . . 
15 Analysts NNS calculate VBP Cray NNP Computer NNP 's POS initial JJ book NN value NN at IN about IN $ $ 4.75 CD a DT share NN . . 
35 Along IN with IN the DT note NN , , Cray NNP Research NNP is VBZ transferring VBG about IN $ $ 53 CD million CD in IN assets NNS , , primarily RB those DT related VBN to TO the DT Cray-3 CD development NN , , which WDT has VBZ been VBN a DT drain NN on IN Cray NNP Research NNP 's POS earnings NNS . . 
12 Pro-forma JJ balance NN sheets NNS clearly RB show VBP why WRB Cray NNP Research NNP favored VBD the DT spinoff NN . . 
37 Without IN the DT Cray-3 NNP research NN and CC development NN expenses NNS , , the DT company NN would MD have VB been VBN able JJ to TO report VB a DT profit NN of IN $ $ 19.3 CD million CD for IN the DT first JJ half DT of IN 1989 CD rather RB than IN the DT $ $ 5.9 CD million CD it PRP posted VBD . . 
21 On IN the DT other JJ hand NN , , had VBD it PRP existed VBN then RB , , Cray NNP Computer NNP would MD have VB incurred VBN a DT $ $ 20.5 CD million CD loss NN . . 
35 Mr. NNP Cray NNP , , who WP could MD n't RB be VB reached VBN for IN comment NN , , will MD work VB for IN the DT new JJ Colorado NNP Springs NNPS , , Colo. NNP , , company NN as IN an DT independent JJ contractor NN -- : the DT arrangement NN he PRP had VBD with IN Cray NNP Research NNP . . 
20 Regarded VBN as IN the DT father NN of IN the DT supercomputer NN , , Mr. NNP Cray NNP was VBD paid VBN $ $ 600,000 CD at IN Cray NNP Research NNP last JJ year NN . . 
11 At IN Cray NNP Computer NNP , , he PRP will MD be VB paid VBN $ $ 240,000 CD . . 
58 Besides IN Messrs. NNP Cray NNP and CC Barnum NNP , , other JJ senior JJ management NN at IN the DT company NN includes VBZ Neil NNP Davenport NNP , , 47 CD , , president NN and CC chief NN executive NN officer NN ; : Joseph NNP M. NNP Blanchard NNP , , 37 CD , , vice NN president NN , , engineering NN ; : Malcolm NNP A. NN Hammerton NNP , , 40 CD , , vice NN president NN , , software NN ; : and CC Douglas NNP R. NNP Wheeland NNP , , 45 CD , , vice NN president NN , , hardware NN . . 
6 All DT came VBD from IN Cray NNP Research NNP . . 
23 Cray NNP Computer NNP , , which WDT currently RB employs VBZ 241 CD people NNS , , said VBD it PRP expects VBZ a DT work NN force NN of IN 450 CD by IN the DT end NN of IN 1990 CD . . 
23 John NNP R. NNP Stevens NNP , , 49 CD years NNS old JJ , , was VBD named VBN senior JJ executive NN vice NN president NN and CC chief NN operating VBG officer NN , , both DT new JJ positions NNS . . 
15 He PRP will MD continue VB to TO report VB to TO Donald NNP Pardus NNP , , president NN and CC chief NN executive NN officer NN . . 
12 Mr. NNP Stevens NNP was VBD executive NN vice NN president NN of IN this DT electric-utility NN holding NN company NN . . 
15 Arthur NNP A. NNP Hatch NNP , , 59 CD , , was VBD named VBN executive NN vice NN president NN of IN the DT company NN . . 
13 He PRP was VBD previously RB president NN of IN the DT company NN 's POS Eastern NNP Edison NNP Co. NNP unit NN . . 
18 John NNP D. NNP Carney NNP , , 45 CD , , was VBD named VBN to TO succeed VB Mr. NNP Hatch NNP as IN president NN of IN Eastern NNP Edison NNP . . 
9 Previously RB he PRP was VBD vice RB president NN of IN Eastern NNP Edison NNP . . 
15 Robert NNP P. NNP Tassinari NNP , , 63 CD , , was VBD named VBN senior JJ vice NN president NN of IN Eastern NNP Utilities NNPS . . 
6 He PRP was VBD previously RB vice NN president NN . . 
42 The DT U.S. NNP , , claiming VBG some DT success NN in IN its PRP$ trade NN diplomacy NN , , removed VBD South NNP Korea NNP , , Taiwan NNP and CC Saudi NNP Arabia NNP from IN a DT list NN of IN countries NNS it PRP is VBZ closely RB watching VBG for IN allegedly RB failing VBG to TO honor VB U.S. NNP patents NNS , , copyrights NNS and CC other JJ intellectual-property JJ rights NNS . . 
39 However RB , , five CD other JJ countries NNS -- : China NNP , , Thailand NNP , , India NNP , , Brazil NNP and CC Mexico NNP -- : will MD remain VB on IN that DT so-called JJ priority NN watch NN list NN as IN a DT result NN of IN an DT interim JJ review NN , , U.S. NNP Trade NNP Representative NNP Carla NNP Hills NNP announced VBD . . 
32 Under IN the DT new JJ U.S. NNP trade NN law NN , , those DT countries NNS could MD face VB accelerated JJ unfair-trade JJ investigations NNS and CC stiff JJ trade NN sanctions NNS if IN they PRP do VBP n't RB improve VB their PRP$ protection NN of IN intellectual JJ property NN by IN next JJ spring NN . . 
27 Mrs. NNP Hills NNP said VBD many JJ of IN the DT 25 CD countries NNS that IN she PRP placed VBD under IN varying VBG degrees NNS of IN scrutiny NN have VBP made VBN `` `` genuine JJ progress NN '' '' on IN this DT touchy JJ issue NN . . 
39 She PRP said VBD there EX is VBZ `` `` growing VBG realization NN '' '' around IN the DT world NN that DT denial NN of IN intellectual-property JJ rights NNS harms VBZ all DT trading VBG nations NNS , , and CC particularly RB the DT `` `` creativity NN and CC inventiveness NN of IN an DT -LCB- -LRB- offending VBG -RCB- -RRB- country NN 's POS own JJ citizens NNS . . '' '' 
38 U.S. NNP trade NN negotiators NNS argue VBP that IN countries NNS with IN inadequate JJ protections NNS for IN intellectual-property JJ rights NNS could MD be VB hurting VBG themselves PRP by IN discouraging VBG their PRP$ own JJ scientists NNS and CC authors NNS and CC by IN deterring VBG U.S. NNP high-technology NN firms NNS from IN investing VBG or CC marketing VBG their PRP$ best JJS products NNS there RB . . 
28 Mrs. NNP Hills NNP lauded VBD South NNP Korea NNP for IN creating VBG an DT intellectual-property JJ task NN force NN and CC special JJ enforcement NN teams NNS of IN police NN officers NNS and CC prosecutors NNS trained VBN to TO pursue VB movie NN and CC book NN pirates NNS . . 
15 Seoul NNP also RB has VBZ instituted VBN effective JJ search-and-seizure JJ procedures NNS to TO aid VB these DT teams NNS , , she PRP said VBD . . 
34 Taiwan NNP has VBZ improved VBN its PRP$ standing NN with IN the DT U.S. NNP by IN initialing VBG a DT bilateral JJ copyright NN agreement NN , , amending VBG its PRP$ trademark NN law NN and CC introducing VBG legislation NN to TO protect VB foreign JJ movie NN producers NNS from IN unauthorized JJ showings NNS of IN their PRP$ films NNS . . 
21 That DT measure NN could MD compel VB Taipei NNP 's POS growing VBG number NN of IN small JJ video-viewing JJ parlors NNS to TO pay VB movie NN producers NNS for IN showing VBG their PRP$ films NNS . . 
37 Saudi NNP Arabia NNP , , for IN its PRP$ part NN , , has VBZ vowed VBN to TO enact VB a DT copyright NN law NN compatible JJ with IN international JJ standards NNS and CC to TO apply VB the DT law NN to TO computer NN software NN as RB well RB as IN to TO literary JJ works NNS , , Mrs. NNP Hills NNP said VBD . . 
12 These DT three CD countries NNS are VBP n't RB completely RB off IN the DT hook NN , , though RB . . 
13 They PRP will MD remain VB on IN a DT lower-priority JJ list NN that WDT includes VBZ 17 CD other JJ countries NNS . . 
44 Those DT countries NNS -- : including IN Japan NNP , , Italy NNP , , Canada NNP , , Greece NNP and CC Spain NNP -- : are VBP still RB of IN some DT concern NN to TO the DT U.S. NNP but CC are VBP deemed VBN to TO pose VB less-serious JJ problems NNS for IN American JJ patent NN and CC copyright NN owners NNS than IN those DT on IN the DT `` `` priority NN '' '' list NN . . 
48 Gary NNP Hoffman NNP , , a DT Washington NNP lawyer NN specializing VBG in IN intellectual-property JJ cases NNS , , said VBD the DT threat NN of IN U.S. NNP retaliation NN , , combined VBN with IN a DT growing VBG recognition NN that IN protecting VBG intellectual JJ property NN is VBZ in IN a DT country NN 's POS own JJ interest NN , , prompted VBD the DT improvements NNS made VBN by IN South NNP Korea NNP , , Taiwan NNP and CC Saudi NNP Arabia NNP . . 
17 `` `` What WP this DT tells VBZ us PRP is VBZ that DT U.S. NNP trade NN law NN is VBZ working VBG , , '' '' he PRP said VBD . . 
28 He PRP said VBD Mexico NNP could MD be VB one CD of IN the DT next JJ countries NNS to TO be VB removed VBN from IN the DT priority NN list NN because IN of IN its PRP$ efforts NNS to TO craft VB a DT new JJ patent NN law NN . . 
23 Mrs. NNP Hills NNP said VBD that IN the DT U.S. NNP is VBZ still RB concerned VBN about IN `` `` disturbing JJ developments NNS in IN Turkey NNP and CC continuing VBG slow JJ progress NN in IN Malaysia NNP . . '' '' 
26 She PRP did VBD n't RB elaborate JJ , , although IN earlier JJR U.S. NNP trade NN reports NNS have VBP complained VBN of IN videocassette NN piracy NN in IN Malaysia NNP and CC disregard NN for IN U.S. NNP pharmaceutical JJ patents NNS in IN Turkey NNP . . 
21 The DT 1988 CD trade NN act NN requires VBZ Mrs. NNP Hills NNP to TO issue VB another DT review NN of IN the DT performance NN of IN these DT countries NNS by IN April NNP 30 CD . . 
27 So IN far RB , , Mrs. NNP Hills NNP has VBZ n't RB deemed VBD any DT cases NNS bad JJ enough RB to TO merit VB an DT accelerated VBN investigation NN under IN the DT so-called JJ special JJ 301 CD provision NN of IN the DT act NN . . 
24 Argentina NNP said VBD it PRP will MD ask VB creditor NN banks NNS to TO halve VB its PRP$ foreign JJ debt NN of IN $ $ 64 CD billion CD -- : the DT third-highest JJS in IN the DT developing VBG world NN . . 
29 The DT declaration NN by IN Economy NNP Minister NNP Nestor NNP Rapanelli NNP is VBZ believed VBN to TO be VB the DT first JJ time NN such JJ an DT action NN has VBZ been VBN called VBN for IN by IN an DT Argentine JJ official NN of IN such JJ stature NN . . 
16 The DT Latin NNP American NNP nation NN has VBZ paid VBN very RB little RB on IN its PRP$ debt NN since IN early JJ last JJ year NN . . 
29 `` `` Argentina NNP aspires VBZ to TO reach VB a DT reduction NN of IN 50 CD % NN in IN the DT value NN of IN its PRP$ external JJ debt NN , , '' '' Mr. NNP Rapanelli NNP said VBD through IN his PRP$ spokesman NN , , Miguel NNP Alurralde NNP . . 
13 Mr. NNP Rapanelli NNP met VBD in IN August NNP with IN U.S. NNP Assistant NNP Treasury NNP Secretary NNP David NNP Mulford NNP . . 
17 Argentine JJ negotiator NN Carlos NNP Carballo NNP was VBD in IN Washington NNP and CC New NNP York NNP this DT week NN to TO meet VB with IN banks NNS . . 
37 Mr. NNP Rapanelli NNP recently RB has VBZ said VBD the DT government NN of IN President NNP Carlos NNP Menem NNP , , who WP took VBD office NN July NNP 8 CD , , feels VBZ a DT significant JJ reduction NN of IN principal NN and CC interest NN is VBZ the DT only JJ way NN the DT debt NN problem NN may MD be VB solved VBN . . 
15 But CC he PRP has VBZ not RB said VBD before IN that IN the DT country NN wants VBZ half PDT the DT debt NN forgiven VBN . . 
27 -LRB- -LRB- During IN its PRP$ centennial NN year NN , , The NNP Wall NNP Street NNP Journal NNP will MD report VB events NNS of IN the DT past JJ century NN that WDT stand VBP as IN milestones NNS of IN American JJ business NN history NN . . -RRB- -RRB- 
14 THREE CD COMPUTERS NNS THAT WDT CHANGED VBD the DT face NN of IN personal JJ computing NN were VBD launched VBN in IN 1977 CD . . 
15 That DT year NN the DT Apple NNP II NNP , , Commodore NNP Pet NNP and CC Tandy NNP TRS-80 NNP came VBD to TO market NN . . 
9 The DT computers NNS were VBD crude JJ by IN today NN 's POS standards NNS . . 
21 Apple NNP II NNP owners NNS , , for IN example NN , , had VBD to TO use VB their PRP$ television NN sets NNS as IN screens NNS and CC stored VBD data NNS on IN audiocassettes NNS . . 
32 But CC Apple NNP II NNP was VBD a DT major JJ advance NN from IN Apple NNP I NNP , , which WDT was VBD built VBN in IN a DT garage NN by IN Stephen NNP Wozniak NNP and CC Steven NNP Jobs NNP for IN hobbyists NNS such JJ as IN the DT Homebrew NNP Computer NNP Club NNP . . 
12 In IN addition NN , , the DT Apple NNP II NNP was VBD an DT affordable JJ $ $ 1,298 CD . . 
21 Crude JJ as IN they PRP were VBD , , these DT early JJ PCs NNS triggered VBD explosive JJ product NN development NN in IN desktop NN models NNS for IN the DT home NN and CC office NN . . 
11 Big JJ mainframe NN computers NNS for IN business NN had VBD been VBN around IN for IN years NNS . . 
33 But CC the DT new JJ 1977 CD PCs NNS -- : unlike JJ earlier JJR built-from-kit JJ types NNS such JJ as IN the DT Altair NNP , , Sol NNP and CC IMSAI NNP -- : had VBD keyboards NNS and CC could MD store VB about IN two CD pages NNS of IN data NNS in IN their PRP$ memories NNS . . 
20 Current JJ PCs NNS are VBP more RBR than IN 50 CD times NNS faster JJR and CC have VBP memory NN capacity NN 500 CD times NNS greater JJR than IN their PRP$ 1977 CD counterparts NNS . . 
7 There EX were VBD many JJ pioneer NN PC NN contributors NNS . . 
33 William NNP Gates NNP and CC Paul NNP Allen NNP in IN 1975 CD developed VBD an DT early JJ language-housekeeper JJ system NN for IN PCs NNS , , and CC Gates NNP became VBD an DT industry NN billionaire NN six CD years NNS after IN IBM NNP adapted VBD one CD of IN these DT versions NNS in IN 1981 CD . . 
21 Alan NNP F. NNP Shugart NNP , , currently RB chairman NN of IN Seagate NNP Technology NNP , , led VBD the DT team NN that WDT developed VBD the DT disk NN drives NNS for IN PCs NNS . . 
26 Dennis NNP Hayes NNP and CC Dale NNP Heatherington NNP , , two CD Atlanta NNP engineers NNS , , were VBD co-developers NNS of IN the DT internal JJ modems NNS that WDT allow VBP PCs NNS to TO share VB data NNS via IN the DT telephone NN . . 
25 IBM NNP , , the DT world NN leader NN in IN computers NNS , , did VBD n't RB offer VB its PRP$ first JJ PC NN until IN August NNP 1981 CD as IN many JJ other JJ companies NNS entered VBD the DT market NN . . 
12 Today NN , , PC NN shipments NNS annually RB total VBP some DT $ $ 38.3 CD billion CD world-wide JJ . . 
23 F.H. NNP Faulding NNP & CC Co. NNP , , an DT Australian JJ pharmaceuticals NNS company NN , , said VBD its PRP$ Moleculon NNP Inc. NNP affiliate NN acquired VBD Kalipharma NNP Inc. NNP for IN $ $ 23 CD million CD . . 
15 Kalipharma NNP is VBZ a DT New JJ Jersey-based JJ pharmaceuticals NNS concern NN that WDT sells VBZ products NNS under IN the DT Purepac NNP label NN . . 
22 Faulding NNP said VBD it PRP owns VBZ 33 CD % NN of IN Moleculon NNP 's POS voting NN stock NN and CC has VBZ an DT agreement NN to TO acquire VB an DT additional JJ 19 CD % NN . . 
28 That DT stake NN , , together RB with IN its PRP$ convertible JJ preferred VBN stock NN holdings NNS , , gives VBZ Faulding NNP the DT right NN to TO increase VB its PRP$ interest NN to TO 70 CD % NN of IN Moleculon NNP 's POS voting NN stock NN . . 
46 Oil NN production NN from IN Australia NNP 's POS Bass NNP Strait NNP fields NNS will MD be VB raised VBN by IN 11,000 CD barrels NNS a DT day NN to TO about IN 321,000 CD barrels NNS with IN the DT launch NN of IN the DT Whiting NNP field NN , , the DT first JJ of IN five CD small JJ fields NNS scheduled VBN to TO be VB brought VBN into IN production NN before IN the DT end NN of IN 1990 CD . . 
24 Esso NNP Australia NNP Ltd. NNP , , a DT unit NN of IN New JJ York-based JJ Exxon NNP Corp. NNP , , and CC Broken NNP Hill NNP Pty. NNP operate VBP the DT fields NNS in IN a DT joint JJ venture NN . . 
9 Esso NNP said VBD the DT Whiting NNP field NN started VBD production NN Tuesday NNP . . 
14 Output NN will MD be VB gradually RB increased VBN until IN it PRP reaches VBZ about IN 11,000 CD barrels NNS a DT day NN . . 
9 The DT field NN has VBZ reserves NNS of IN 21 CD million CD barrels NNS . . 
11 Reserves NNS for IN the DT five CD new JJ fields NNS total VBP 50 CD million CD barrels NNS . . 
24 The DT Perch NNP and CC Dolphin NNP fields NNS are VBP expected VBN to TO start VB producing VBG early JJ next JJ year NN , , and CC the DT Seahorse NNP and CC Tarwhine NNP fields NNS later JJ next JJ year NN . . 
28 Esso NN said VBD the DT fields NNS were VBD developed VBN after IN the DT Australian JJ government NN decided VBD in IN 1987 CD to TO make VB the DT first JJ 30 CD million CD barrels NNS from IN new JJ fields NNS free JJ of IN excise JJ tax NN . . 
34 R.P. NNP Scherer NNP Corp. NNP said VBD it PRP completed VBD the DT $ $ 10.2 CD million CD sale NN of IN its PRP$ Southern NNP Optical NNP subsidiary NN to TO a DT group NN led VBD by IN the DT unit NN 's POS president NN , , Thomas NNP R. NNP Sloan NNP , , and CC other JJ managers NNS . . 
35 Following VBG the DT acquisition NN of IN R.P. NNP Scherer NNP by IN a DT buy-out JJ group NN led VBN by IN Shearson NNP Lehman NNP Hutton NNP earlier JJR this DT year NN , , the DT maker NN of IN gelatin NN capsules NNS decided VBD to TO divest VB itself PRP of IN certain JJ of IN its PRP$ non-encapsulating JJ businesses NNS . . 
12 The DT sale NN of IN Southern NNP Optical NNP is VBZ a DT part NN of IN the DT program NN . . 
38 The DT White NNP House NNP said VBD President NNP Bush NNP has VBZ approved VBN duty-free JJ treatment NN for IN imports NNS of IN certain JJ types NNS of IN watches NNS that WDT are VBP n't RB produced VBN in IN `` `` significant JJ quantities NNS '' '' in IN the DT U.S. NNP , , the DT Virgin NNP Islands NNPS and CC other JJ U.S. NNP possessions NNS . . 
27 The DT action NN came VBD in IN response NN to TO a DT petition NN filed VBN by IN Timex NNP Inc. NNP for IN changes NNS in IN the DT U.S. NNP Generalized NNP System NNP of IN Preferences NNPS for IN imports NNS from IN developing VBG nations NNS . . 
10 Previously RB , , watch NN imports NNS were VBD denied VBN such JJ duty-free JJ treatment NN . . 
19 Timex NNP had VBD requested VBN duty-free JJ treatment NN for IN many JJ types NNS of IN watches NNS , , covered VBN by IN 58 CD different JJ U.S. NNP tariff NN classifications NNS . . 
46 The DT White NNP House NNP said VBD Mr. NNP Bush NNP decided VBD to TO grant VB duty-free JJ status NN for IN 18 CD categories NNS , , but CC turned VBD down RP such JJ treatment NN for IN other JJ types NNS of IN watches NNS `` `` because RB of IN the DT potential NN for IN material NN injury NN to TO watch VB producers NNS located VBN in IN the DT U.S. NNP and CC the DT Virgin NNP Islands NNPS . . '' '' 
30 Timex NNP is VBZ a DT major JJ U.S. NNP producer NN and CC seller NN of IN watches NNS , , including VBG low-priced JJ battery-operated JJ watches NNS assembled VBN in IN the DT Philippines NNP and CC other JJ developing VBG nations NNS covered VBN by IN the DT U.S. NNP tariff NN preferences NNS . . 
19 U.S. NNP trade NN officials NNS said VBD the DT Philippines NNP and CC Thailand NNP would MD be VB the DT main JJ beneficiaries NNS of IN the DT president NN 's POS action NN . . 
49 Imports NNS of IN the DT types NNS of IN watches NNS that WDT now RB will MD be VB eligible JJ for IN duty-free JJ treatment NN totaled VBD about IN $ $ 37.3 CD million CD in IN 1988 CD , , a DT relatively RB small JJ share NN of IN the DT $ $ 1.5 CD billion CD in IN U.S. NNP watch NN imports NNS that DT year NN , , according VBG to TO an DT aide NN to TO U.S. NNP Trade NNP Representative NNP Carla NNP Hills NNP . . 
34 Magna NNP International NNP Inc. NNP 's POS chief JJ financial JJ officer NN , , James NNP McAlpine NNP , , resigned JJ and CC its PRP$ chairman NN , , Frank NNP Stronach NNP , , is VBZ stepping VBG in RB to TO help VB turn VB the DT automotive-parts JJ manufacturer NN around RB , , the DT company NN said VBD . . 
30 Mr. NNP Stronach NNP will MD direct VB an DT effort NN to TO reduce VB overhead NN and CC curb VB capital NN spending NN `` `` until IN a DT more RBR satisfactory JJ level NN of IN profit NN is VBZ achieved VBN and CC maintained VBN , , '' '' Magna NNP said VBD . . 
13 Stephen NNP Akerfeldt NNP , , currently RB vice NN president NN finance NN , , will MD succeed VB Mr. NNP McAlpine NNP . . 
22 An DT ambitious JJ expansion NN has VBZ left VBN Magna NNP with IN excess JJ capacity NN and CC a DT heavy JJ debt NN load NN as IN the DT automotive JJ industry NN enters VBZ a DT downturn NN . . 
21 The DT company NN has VBZ reported VBN declines NNS in IN operating NN profit NN in IN each DT of IN the DT past JJ three CD years NNS , , despite IN steady JJ sales NNS growth NN . . 
31 Magna NNP recently RB cut VBD its PRP$ quarterly JJ dividend NN in IN half DT and CC the DT company NN 's POS Class NNP A NNP shares NNS are VBP wallowing VBG far RB below IN their PRP$ 52-week JJ high NN of IN 16.125 CD Canadian JJ dollars NNS -LRB- -LRB- US$ $ 13.73 CD -RRB- -RRB- . . 
18 On IN the DT Toronto NNP Stock NNP Exchange NNP yesterday NN , , Magna NNP shares NNS closed VBD up RB 37.5 CD Canadian JJ cents NNS to TO C$ $ 9.625 CD . . 
29 Mr. NNP Stronach NNP , , founder NN and CC controlling VBG shareholder NN of IN Magna NNP , , resigned VBD as IN chief NN executive NN officer NN last JJ year NN to TO seek VB , , unsuccessfully RB , , a DT seat NN in IN Canada NNP 's POS Parliament NNP . . 
16 Analysts NNS said VBD Mr. NNP Stronach NNP wants VBZ to TO resume VB a DT more RBR influential JJ role NN in IN running VBG the DT company NN . . 
10 They PRP expect VBP him PRP to TO cut VB costs NNS throughout IN the DT organization NN . . 
21 The DT company NN said VBD Mr. NNP Stronach NNP will MD personally RB direct VB the DT restructuring NN , , assisted VBN by IN Manfred NNP Gingl NNP , , president NN and CC chief NN executive NN . . 
11 Neither DT they PRP nor CC Mr. NNP McAlpine NNP could MD be VB reached VBN for IN comment NN . . 
19 Magna NNP said VBD Mr. NNP McAlpine NNP resigned VBD to TO pursue VB a DT consulting NN career NN , , with IN Magna NNP as IN one CD of IN his PRP$ clients NNS . . 
22 Lord NNP Chilver NNP , , 63-year-old JJ chairman NN of IN English NNP China NNP Clays NNP PLC NNP , , was VBD named VBN a DT nonexecutive JJ director NN of IN this DT British JJ chemical NN company NN . . 
25 Japanese JJ investors NNS nearly RB single-handedly RB bought VBD up RP two CD new JJ mortgage NN securities-based JJ mutual JJ funds NNS totaling VBG $ $ 701 CD million CD , , the DT U.S. NNP Federal NNP National NNP Mortgage NNP Association NNP said VBD . . 
29 The DT purchases NNS show VBP the DT strong JJ interest NN of IN Japanese JJ investors NNS in IN U.S. NNP mortgage-based JJ instruments NNS , , Fannie NNP Mae NNP 's POS chairman NN , , David NNP O. NNP Maxwell NNP , , said VBD at IN a DT news NN conference NN . . 
16 He PRP said VBD more RBR than IN 90 CD % NN of IN the DT funds NNS were VBD placed VBN with IN Japanese JJ institutional JJ investors NNS . . 
11 The DT rest NN went VBD to TO investors NNS from IN France NNP and CC Hong NNP Kong NNP . . 
19 Earlier JJR this DT year NN , , Japanese JJ investors NNS snapped VBD up RP a DT similar JJ , , $ $ 570 CD million CD mortgage-backed JJ securities NNS mutual JJ fund NN . . 
15 That DT fund NN was VBD put VBN together RP by IN Blackstone NNP Group NNP , , a DT New NNP York NNP investment NN bank NN . . 
23 The DT latest JJS two CD funds NNS were VBD assembled VBN jointly RB by IN Goldman NNP , , Sachs NNP & CC Co. NNP of IN the DT U.S. NNP and CC Japan NNP 's POS Daiwa NNP Securities NNPS Co NNP . . 
34 The DT new JJ , , seven-year JJ funds NNS -- : one CD offering VBG a DT fixed-rate JJ return NN and CC the DT other JJ with IN a DT floating-rate JJ return NN linked VBN to TO the DT London NNP interbank NN offered VBD rate NN -- : offer VBP two CD key JJ advantages NNS to TO Japanese JJ investors NNS . . 
36 First JJ , , they PRP are VBP designed VBN to TO eliminate VB the DT risk NN of IN prepayment NN -- : mortgage-backed JJ securities NNS can MD be VB retired VBN early RB if IN interest NN rates NNS decline VBP , , and CC such JJ prepayment NN forces VBZ investors NNS to TO redeploy VB their PRP$ money NN at IN lower JJR rates NNS . . 
18 Second JJ , , they PRP channel VBP monthly JJ mortgage NN payments NNS into IN semiannual JJ payments NNS , , reducing VBG the DT administrative JJ burden NN on IN investors NNS . . 
27 By IN addressing VBG those DT problems NNS , , Mr. NNP Maxwell NNP said VBD , , the DT new JJ funds NNS have VBP become VBN `` `` extremely RB attractive JJ to TO Japanese JJ and CC other JJ investors NNS outside IN the DT U.S. NNP . . '' '' 
34 Such JJ devices NNS have VBP boosted VBN Japanese JJ investment NN in IN mortgage-backed JJ securities NNS to TO more RBR than IN 1 CD % NN of IN the DT $ $ 900 CD billion CD in IN such JJ instruments NNS outstanding JJ , , and CC their PRP$ purchases NNS are VBP growing VBG at IN a DT rapid JJ rate NN . . 
40 They PRP also RB have VBP become VBN large JJ purchasers NNS of IN Fannie NNP Mae NNP 's POS corporate JJ debt NN , , buying VBG $ $ 2.4 CD billion CD in IN Fannie NNP Mae NNP bonds NNS during IN the DT first JJ nine CD months NNS of IN the DT year NN , , or CC almost RB a DT tenth NN of IN the DT total JJ amount NN issued VBN . . 
25 James NNP L. NNP Pate NNP , , 54-year-old JJ executive NN vice NN president NN , , was VBD named VBN a DT director NN of IN this DT oil NN concern NN , , expanding VBG the DT board NN to TO 14 CD members NNS . . 
39 LTV NNP Corp. NNP said VBD a DT federal JJ bankruptcy NN court NN judge NN agreed VBD to TO extend VB until IN March NNP 8 CD , , 1990 CD , , the DT period NN in IN which WDT the DT steel NN , , aerospace NN and CC energy NN products NNS company NN has VBZ the DT exclusive JJ right NN to TO file VB a DT reorganization NN plan NN . . 
34 The DT company NN is VBZ operating VBG under IN Chapter NN 11 CD of IN the DT federal JJ Bankruptcy NNP Code NNP , , giving VBG it PRP court NN protection NN from IN creditors NNS ' POS lawsuits NNS while IN it PRP attempts VBZ to TO work VB out RP a DT plan NN to TO pay VB its PRP$ debts NNS . . 
39 Italian JJ chemical NN giant NN Montedison NNP S.p.A. NNP , , through IN its PRP$ Montedison NNP Acquisition NNP N.V. NNP indirect JJ unit NN , , began VBD its PRP$ $ $ 37-a-share JJ tender NN offer NN for IN all DT the DT common JJ shares NNS outstanding JJ of IN Erbamont NNP N.V. NNP , , a DT maker NN of IN pharmaceuticals NNS incorporated VBN in IN the DT Netherlands NNPS . . 
24 The DT offer NN , , advertised VBN in IN today NN 's POS editions NNS of IN The DT Wall NNP Street NNP Journal NNP , , is VBZ scheduled VBN to TO expire VB at IN the DT end NN of IN November NNP . . 
13 Montedison NN currently RB owns VBZ about IN 72 CD % NN of IN Erbamont NN 's POS common JJ shares NNS outstanding JJ . . 
15 The DT offer NN is VBZ being VBG launched VBN pursuant JJ to TO a DT previously RB announced VBN agreement NN between IN the DT companies NNS . . 
33 Japan NNP 's POS reserves NNS of IN gold NN , , convertible JJ foreign JJ currencies NNS , , and CC special JJ drawing NN rights NNS fell VBD by IN a DT hefty JJ $ $ 1.82 CD billion CD in IN October NNP to TO $ $ 84.29 CD billion CD , , the DT Finance NNP Ministry NNP said VBD . . 
9 The DT total NN marks VBZ the DT sixth JJ consecutive JJ monthly JJ decline NN . . 
27 The DT protracted JJ downturn NN reflects VBZ the DT intensity NN of IN Bank NNP of IN Japan NNP yen-support JJ intervention NN since IN June NNP , , when WRB the DT U.S. NNP currency NN temporarily RB surged VBD above IN the DT 150.00 CD yen NNS level NN . . 
22 The DT announcement NN follows VBZ a DT sharper JJR $ $ 2.2 CD billion CD decline NN in IN the DT country NN 's POS foreign JJ reserves NNS in IN September NNP to TO $ $ 86.12 CD billion CD . . 
7 Pick VB a DT country NN , , any DT country NN . . 
32 It PRP 's VBZ the DT latest JJS investment NN craze NN sweeping VBG Wall NNP Street NNP : : a DT rash NN of IN new JJ closed-end JJ country NN funds NNS , , those DT publicly RB traded VBN portfolios NNS that WDT invest VBP in IN stocks NNS of IN a DT single JJ foreign JJ country NN . . 
37 No RB fewer JJR than IN 24 CD country NN funds NNS have VBP been VBN launched VBN or CC registered VBN with IN regulators NNS this DT year NN , , triple RB the DT level NN of IN all DT of IN 1988 CD , , according VBG to TO Charles NNP E. NNP Simon NNP & CC Co. NNP , , a DT Washington-based JJ research NN firm NN . . 
12 The DT turf NN recently RB has VBZ ranged VBN from IN Chile NNP to TO Austria NNP to TO Portugal NNP . . 
38 Next JJ week NN , , the DT Philippine NNP Fund NNP 's POS launch NN will MD be VB capped VBN by IN a DT visit NN by IN Philippine JJ President NNP Corazon NNP Aquino NNP -- : the NNP first JJ time NN a DT head NN of IN state NN has VBZ kicked VBN off RP an DT issue NN at IN the DT Big NNP Board NNP here RB . . 
4 The DT next JJ province NN ? . 
29 `` `` Anything NN 's VBZ possible JJ -- : how WRB about RP the DT New NNP Guinea NNP Fund NNP ? . '' '' quips VBZ George NNP Foot NNP , , a DT managing VBG partner NN at IN Newgate NNP Management NNP Associates NNP of IN Northampton NNP , , Mass NNP . . 
29 The DT recent JJ explosion NN of IN country NN funds NNS mirrors VBZ the DT `` `` closed-end JJ fund NN mania NN '' '' of IN the DT 1920s NNS , , Mr. NNP Foot NNP says VBZ , , when WRB narrowly RB focused VBN funds NNS grew VBD wildly RB popular JJ . . 
9 They PRP fell VBD into IN oblivion NN after IN the DT 1929 CD crash NN . . 
28 Unlike IN traditional JJ open-end JJ mutual JJ funds NNS , , most RBS of IN these DT one-country JJ portfolios NNS are VBP the DT `` `` closed-end JJ '' '' type NN , , issuing VBG a DT fixed VBN number NN of IN shares NNS that WDT trade VBP publicly RB . . 
24 The DT surge NN brings VBZ to TO nearly RB 50 CD the DT number NN of IN country NN funds NNS that WDT are VBP or CC soon RB will MD be VB listed VBN in IN New NNP York NNP or CC London NNP . . 
12 These DT funds NNS now RB account VBP for IN several JJ billions NNS of IN dollars NNS in IN assets NNS . . 
37 `` `` People NNS are VBP looking VBG to TO stake VB their PRP$ claims NNS '' '' now RB before RB the DT number NN of IN available JJ nations NNS runs VBZ out RP , , says VBZ Michael NNP Porter NNP , , an DT analyst NN at IN Smith NNP Barney NNP , , Harris NNP Upham NNP & CC Co. NNP , , New NNP York NNP . . 
9 Behind IN all DT the DT hoopla NN is VBZ some DT heavy-duty JJ competition NN . . 
29 As IN individual JJ investors NNS have VBP turned VBN away RB from IN the DT stock NN market NN over IN the DT years NNS , , securities NNS firms NNS have VBP scrambled VBN to TO find VB new JJ products NNS that WDT brokers NNS find VBP easy JJ to TO sell VB . . 
14 And CC the DT firms NNS are VBP stretching VBG their PRP$ nets NNS far RB and CC wide RB to TO do VB it PRP . . 
16 Financial JJ planners NNS often RB urge VBP investors NNS to TO diversify VB and CC to TO hold VB a DT smattering NN of IN international JJ securities NNS . . 
17 And CC many JJ emerging VBG markets NNS have VBP outpaced VBN more RBR mature JJ markets NNS , , such JJ as IN the DT U.S. NNP and CC Japan NNP . . 
23 Country NN funds NNS offer VBP an DT easy JJ way NN to TO get VB a DT taste NN of IN foreign JJ stocks NNS without IN the DT hard JJ research NN of IN seeking VBG out RP individual JJ companies NNS . . 
10 But CC it PRP does VBZ n't RB take VB much JJ to TO get VB burned VBN . . 
9 Political JJ and CC currency NN gyrations NNS can MD whipsaw VB the DT funds NNS . . 
17 Another DT concern NN : : The DT funds NNS ' POS share NN prices NNS tend VBP to TO swing VB more RBR than IN the DT broader JJR market NN . . 
29 When WRB the DT stock NN market NN dropped VBD nearly RB 7 CD % NN Oct. NNP 13 CD , , for IN instance NN , , the DT Mexico NNP Fund NNP plunged VBD about RB 18 CD % NN and CC the DT Spain NNP Fund NNP fell VBD 16 CD % NN . . 
15 And CC most JJS country NN funds NNS were VBD clobbered VBN more RBR than IN most JJS stocks NNS after IN the DT 1987 CD crash NN . . 
28 What WP 's VBZ so RB wild JJ about IN the DT funds NNS ' POS frenzy NN right RB now RB is VBZ that IN many JJ are VBP trading VBG at IN historically RB fat JJ premiums NNS to TO the DT value NN of IN their PRP$ underlying JJ portfolios NNS . . 
32 After IN trading VBG at IN an DT average JJ discount NN of IN more JJR than IN 20 CD % NN in IN late JJ 1987 CD and CC part NN of IN last JJ year NN , , country NN funds NNS currently RB trade VBP at IN an DT average JJ premium NN of IN 6 CD % NN . . 
24 The DT reason NN : : Share NN prices NNS of IN many JJ of IN these DT funds NNS this DT year NN have VBP climbed VBN much RB more RBR sharply RB than IN the DT foreign JJ stocks NNS they PRP hold VBP . . 
30 It PRP 's VBZ probably RB worth IN paying VBG a DT premium NN for IN funds NNS that WDT invest VBP in IN markets NNS that WDT are VBP partially RB closed VBN to TO foreign JJ investors NNS , , such JJ as IN South NNP Korea NNP , , some DT specialists NNS say VBP . . 
19 But CC some DT European JJ funds NNS recently RB have VBP skyrocketed VBN ; : Spain NNP Fund NNP has VBZ surged VBN to TO a DT startling JJ 120 CD % NN premium NN . . 
20 It PRP has VBZ been VBN targeted VBN by IN Japanese JJ investors NNS as IN a DT good JJ long-term JJ play NN tied VBN to TO 1992 CD 's POS European JJ economic JJ integration NN . . 
19 And CC several JJ new JJ funds NNS that WDT are VBP n't RB even RB fully RB invested VBN yet RB have VBP jumped VBN to TO trade VB at IN big JJ premiums NNS . . 
19 `` `` I PRP 'm VBP very RB alarmed VBN to TO see VB these DT rich JJ valuations NNS , , '' '' says VBZ Smith NNP Barney NNP 's POS Mr. NNP Porter NNP . . 
18 The DT newly RB fattened VBN premiums NNS reflect VBP the DT increasingly RB global JJ marketing NN of IN some DT country NN funds NNS , , Mr. NNP Porter NNP suggests VBZ . . 
25 Unlike IN many JJ U.S. NNP investors NNS , , those DT in IN Asia NNP or CC Europe NNP seeking VBG foreign-stock JJ exposure NN may MD be VB less RBR resistant JJ to TO paying VBG higher JJR prices NNS for IN country NN funds NNS . . 
19 `` `` There EX may MD be VB an DT international JJ viewpoint NN cast VBN on IN the DT funds NNS listed VBN here RB , , '' '' Mr. NNP Porter NNP says VBZ . . 
21 Nonetheless RB , , plenty JJ of IN U.S. NNP analysts NNS and CC money NN managers NNS are VBP aghast JJ at IN the DT lofty JJ trading NN levels NNS of IN some DT country NN funds NNS . . 
32 They PRP argue VBP that IN U.S. NNP investors NNS often RB can MD buy VB American JJ depositary JJ receipts NNS on IN the DT big JJ stocks NNS in IN many JJ funds NNS ; : these DT so-called JJ ADRs NNPS represent VBP shares NNS of IN foreign JJ companies NNS traded VBN in IN the DT U.S. NNP . . 
13 That DT way NN investors NNS can MD essentially RB buy VB the DT funds NNS without IN paying VBG the DT premium NN . . 
45 For IN people NNS who WP insist VBP on RP jumping VBG in RB now RB to TO buy VB the DT funds NNS , , Newgate NNP 's POS Mr. NNP Foot NNP says VBZ : : `` `` The DT only JJ advice NN I PRP have VBP for IN these DT folks NNS is VBZ that IN those DT who WP come VBP to TO the DT party NN late RB had VBD better RBR be VB ready JJ to TO leave VB quickly RB . . 
33 The DT U.S. NNP and CC Soviet NNP Union NNP are VBP holding VBG technical JJ talks NNS about IN possible JJ repayment NN by IN Moscow NNP of IN $ $ 188 CD million CD in IN pre-Communist JJ Russian JJ debts NNS owed VBD to TO the DT U.S. NNP government NN , , the DT State NNP Department NNP said VBD . . 
21 If IN the DT debts NNS are VBP repaid VBN , , it PRP could MD clear VB the DT way NN for IN Soviet JJ bonds NNS to TO be VB sold VBN in IN the DT U.S. NNP . . 
28 However RB , , after IN two CD meetings NNS with IN the DT Soviets NNS , , a DT State NNP Department NNP spokesman NN said VBD that IN it PRP 's VBZ `` `` too RB early RB to TO say VB '' '' whether IN that DT will MD happen VB . . 
22 Coincident JJ with IN the DT talks NNS , , the DT State NNP Department NNP said VBD it PRP has VBZ permitted VBN a DT Soviet JJ bank NN to TO open VB a DT New NNP York NNP branch NN . . 
18 The DT branch NN of IN the DT Bank NNP for IN Foreign NNP Economic NNP Affairs NNP was VBD approved VBN last JJ spring NN and CC opened VBD in IN July NNP . . 
40 But CC a DT Soviet JJ bank NN here RB would MD be VB crippled VBN unless IN Moscow NNP found VBD a DT way NN to TO settle VB the DT $ $ 188 CD million CD debt NN , , which WDT was VBD lent VBN to TO the DT country NN 's POS short-lived JJ democratic JJ Kerensky NNP government NN before IN the DT Communists NNS seized VBD power NN in IN 1917 CD . . 
44 Under IN a DT 1934 CD law NN , , the DT Johnson NNP Debt NNP Default NNP Act NNP , , as RB amended VBN , , it PRP 's VBZ illegal JJ for IN Americans NNS to TO extend VB credit NN to TO countries NNS in IN default NN to TO the DT U.S. NNP government NN , , unless IN they PRP are VBP members NNS of IN the DT World NNP Bank NNP and CC International NNP Monetary NNP Fund NNP . . 
7 The DT U.S.S.R. NNP belongs VBZ to TO neither DT organization NN . . 
17 Moscow NNP has VBZ settled VBN pre-1917 JJ debts NNS with IN other JJ countries NNS in IN recent JJ years NNS at IN less JJR than IN face NN value NN . . 
16 The DT State NNP Department NNP stressed VBD the DT pre-1933 JJ debts NNS as IN the DT key NN to TO satisfying VBG the DT Johnson NNP Act NNP . . 
35 But CC the DT Soviets NNS might MD still RB face VB legal JJ obstacles NNS to TO raising VBG money NN in IN the DT U.S. NNP until IN they PRP settle VBP hundreds NNS of IN millions NNS of IN dollars NNS in IN additional JJ debt NN still RB outstanding JJ from IN the DT World NNP War NNP II NNP lend-lease JJ program NN . . 
31 In IN another DT reflection NN that IN the DT growth NN of IN the DT economy NN is VBZ leveling VBG off RP , , the DT government NN said VBD that IN orders NNS for IN manufactured VBN goods NNS and CC spending NN on IN construction NN failed VBD to TO rise VB in IN September NNP . . 
26 Meanwhile RB , , the DT National NNP Association NNP of IN Purchasing NNP Management NNP said VBD its PRP$ latest JJS survey NN indicated VBD that IN the DT manufacturing NN economy NN contracted VBD in IN October NNP for IN the DT sixth JJ consecutive JJ month NN . . 
15 Its PRP$ index NN inched VBD up RB to TO 47.6 CD % NN in IN October NNP from IN 46 CD % NN in IN September NNP . . 
13 Any DT reading NN below IN 50 CD % NN suggests VBZ the DT manufacturing NN sector NN is VBZ generally RB declining VBG . . 
20 The DT purchasing VBG managers NNS , , however RB , , also RB said VBD that IN orders NNS turned VBD up RB in IN October NNP after IN four CD months NNS of IN decline NN . . 
26 Factories NNS booked VBD $ $ 236.74 CD billion CD in IN orders NNS in IN September NNP , , nearly RB the DT same JJ as IN the DT $ $ 236.79 CD billion CD in IN August NNP , , the DT Commerce NNP Department NNP said VBD . . 
24 If IN not RB for IN a DT 59.6 CD % NN surge NN in IN orders NNS for IN capital NN goods NNS by IN defense NN contractors NNS , , factory NN orders NNS would MD have VB fallen VBN 2.1 CD % NN . . 
32 In IN a DT separate JJ report NN , , the DT department NN said VBD construction NN spending NN ran VBD at IN an DT annual JJ rate NN of IN $ $ 415.6 CD billion CD , , not RB significantly RB different JJ from IN the DT $ $ 415.8 CD billion CD reported VBN for IN August NNP . . 
13 Private JJ construction NN spending NN was VBD down RB , , but CC government NN building NN activity NN was VBD up RB . . 
23 The DT figures NNS in IN both DT reports NNS were VBD adjusted VBN to TO remove VB the DT effects NNS of IN usual JJ seasonal JJ patterns NNS , , but CC were VBD n't RB adjusted VBN for IN inflation NN . . 
25 Kenneth NNP Mayland NNP , , economist NN for IN Society NNP Corp. NNP , , a DT Cleveland NNP bank NN , , said VBD demand NN for IN exports NNS of IN factory NN goods NNS is VBZ beginning VBG to TO taper VB off RP . . 
22 At IN the DT same JJ time NN , , the DT drop NN in IN interest NN rates NNS since IN the DT spring NN has VBZ failed VBN to TO revive VB the DT residential JJ construction NN industry NN . . 
16 `` `` What WP sector NN is VBZ stepping VBG forward RB to TO pick VB up RP the DT slack NN ? . '' '' he PRP asked VBD . . 
7 `` `` I PRP draw VBP a DT blank NN . . '' '' 
19 By IN most JJS measures NNS , , the DT nation NN 's POS industrial JJ sector NN is VBZ now RB growing VBG very RB slowly RB -- : if IN at IN all DT . . 
6 Factory NN payrolls NNS fell VBD in IN September NNP . . 
10 So RB did VBD the DT Federal NNP Reserve NNP Board NNP 's POS industrial-production JJ index NN . . 
16 Yet CC many JJ economists NNS are VBP n't RB predicting VBG that IN the DT economy NN is VBZ about IN to TO slip VB into IN recession NN . . 
17 They PRP cite VBP a DT lack NN of IN `` `` imbalances NNS '' '' that WDT provide VBP early JJ warning NN signals NNS of IN a DT downturn NN . . 
11 Inventories NNS are VBP closely RB watched VBN for IN such JJ clues NNS , , for IN instance NN . . 
18 Economists NNS say VBP a DT buildup NN in IN inventories NNS can MD provoke VB cutbacks NNS in IN production NN that WDT can MD lead VB to TO a DT recession NN . . 
30 But CC yesterday NN 's POS factory NN orders NNS report NN had VBD good JJ news NN on IN that DT front NN : : it PRP said VBD factory NN inventories NNS fell VBD 0.1 CD % NN in IN September NNP , , the DT first JJ decline NN since IN February NNP 1987 CD . . 
27 `` `` This DT conforms VBZ to TO the DT ` `` soft JJ landing NN ' '' scenario NN , , '' '' said VBD Elliott NNP Platt NNP , , an DT economist NN at IN Donaldson NNP , , Lufkin NNP & CC Jenrette NNP Securities NNP Corp NNP . . 
13 `` `` I PRP do VBP n't RB see VB any DT signs NNS that IN inventories NNS are VBP excessive JJ . . '' '' 
16 A DT soft JJ landing NN is VBZ an DT economic JJ slowdown NN that WDT eases VBZ inflation NN without IN leading VBG to TO a DT recession NN . . 
34 The DT department NN said VBD orders NNS for IN nondurable JJ goods NNS -- : those DT intended VBN to TO last VB fewer JJR than IN three CD years NNS -- : fell VBD 0.3 CD % NN in IN September NNP to TO $ $ 109.73 CD billion CD after RB climbing VBG 0.9 CD % NN the DT month NN before RB . . 
20 Orders NNS for IN durable JJ goods NNS were VBD up RB 0.2 CD % NN to TO $ $ 127.03 CD billion CD after IN rising VBG 3.9 CD % NN the DT month NN before RB . . 
13 The DT department NN previously RB estimated VBD that IN durable-goods NNS orders NNS fell VBD 0.1 CD % NN in IN September NNP . . 
16 Factory NN shipments NNS fell VBD 1.6 CD % NN to TO $ $ 234.4 CD billion CD after IN rising VBG 5.4 CD % NN in IN August NNP . . 
13 Shipments NNS have VBP been VBN relatively RB level JJ since IN January NNP , , the DT Commerce NNP Department NNP noted VBD . . 
26 Manufacturers NNS ' POS backlogs NNS of IN unfilled JJ orders NNS rose VBD 0.5 CD % NN in IN September NNP to TO $ $ 497.34 CD billion CD , , helped VBN by IN strength NN in IN the DT defense NN capital NN goods NNS sector NN . . 
9 Excluding VBG these DT orders NNS , , backlogs NNS declined VBD 0.3 CD % NN . . 
38 In IN its PRP$ construction NN spending NN report NN , , the DT Commerce NNP Department NNP said VBD residential JJ construction NN , , which WDT accounts VBZ for IN nearly RB half NN of IN all DT construction NN spending NN , , was VBD off JJ 0.9 CD % NN in IN September NNP to TO an DT annual JJ rate NN of IN $ $ 191.9 CD billion CD . . 
32 David NNP Berson NNP , , economist NN for IN the DT Mortgage NNP Bankers NNP Association NNP , , predicted VBD the DT drop NN in IN interest NN rates NNS eventually RB will MD boost VB spending NN on IN single-family JJ homes NNS , , but CC probably RB not RB until IN early JJ next JJ year NN . . 
24 Spending NN on IN private JJ , , nonresidential JJ construction NN was VBD off JJ 2.6 CD % NN to TO an DT annual JJ rate NN of IN $ $ 99.1 CD billion CD with IN no DT sector NN showing VBG strength NN . . 
11 Government NNP construction NN spending NN rose VBD 4.3 CD % NN to TO $ $ 88 CD billion CD . . 
17 After RB adjusting VBG for IN inflation NN , , the DT Commerce NNP Department NNP said VBD construction NN spending NN did VBD n't RB change VB in IN September NNP . . 
22 For IN the DT first JJ nine CD months NNS of IN the DT year NN , , total JJ construction NN spending NN ran VBD about RB 2 CD % NN above IN last JJ year NN 's POS level NN . . 
23 The DT government NN 's POS construction NN spending NN figures NNS contrast VBP with IN a DT report NN issued VBD earlier RBR in IN the DT week NN by IN McGraw-Hill NNP Inc. NNP 's POS F.W. NNP Dodge NNP Group NNP . . 
13 Dodge NNP reported VBD an DT 8 CD % NN increase NN in IN construction NN contracts NNS awarded VBN in IN September NNP . . 
17 The DT goverment NN counts VBZ money NN as IN it PRP is VBZ spent VBN ; : Dodge NNP counts VBZ contracts NNS when WRB they PRP are VBP awarded VBN . . 
13 The DT government NN includes VBZ money NN spent VBN on IN residential JJ renovation NN ; : Dodge NNP does VBZ n't RB . . 
46 Although IN the DT purchasing NN managers NNS ' POS index NN continues VBZ to TO indicate VB a DT slowing VBG economy NN , , it PRP is VBZ n't RB signaling VBG an DT imminent JJ recession NN , , said VBD Robert NNP Bretz NNP , , chairman NN of IN the DT association NN 's POS survey NN committee NN and CC director NN of IN materials NNS management NN at IN Pitney NNP Bowes NNP Inc. NNP , , Stamford NNP , , Conn NNP . . 
25 He PRP said VBD the DT index NN would MD have VB to TO be VB in IN the DT low JJ 40 CD % NN range NN for IN several JJ months NNS to TO be VB considered VBN a DT forecast NN of IN recession NN . . 
20 The DT report NN offered VBD new JJ evidence NN that IN the DT nation NN 's POS export NN growth NN , , though IN still RB continuing VBG , , may MD be VB slowing VBG . . 
21 Only RB 19 CD % NN of IN the DT purchasing VBG managers NNS reported VBD better JJR export NN orders NNS in IN October NNP , , down RB from IN 27 CD % NN in IN September NNP . . 
19 And CC 8 CD % NN said VBD export NN orders NNS were VBD down RB last JJ month NN , , compared VBN with IN 6 CD % NN the DT month NN before RB . . 
14 The DT purhasing NN managers NNS ' POS report NN also RB added VBD evidence NN that IN inflation NN is VBZ under IN control NN . . 
17 For IN the DT fifth JJ consecutive JJ month NN , , purchasing VBG managers NNS said VBD prices NNS for IN the DT goods NNS they PRP purchased VBD fell VBD . . 
9 The DT decline NN was VBD even RB steeper JJR than IN in IN September NNP . . 
23 They PRP also RB said VBD that IN vendors NNS were VBD delivering VBG goods NNS more RBR quickly RB in IN October NNP than IN they PRP had VBD for IN each DT of IN the DT five CD previous JJ months NNS . . 
11 Economists NNS consider VBP that DT a DT sign NN that IN inflationary JJ pressures NNS are VBP abating VBG . . 
18 When WRB demand NN is VBZ stronger JJR than IN suppliers NNS can MD handle VB and CC delivery NN times NNS lengthen VBP , , prices NNS tend VBP to TO rise VB . . 
17 The DT purchasing NN managers NNS ' POS report NN is VBZ based VBN on IN data NNS provided VBN by IN more RBR than IN 250 CD purchasing NN executives NNS . . 
27 Each DT of IN the DT survey NN 's POS indicators NNS gauges VBZ the DT difference NN between IN the DT number NN of IN purchasers NNS reporting VBG improvement NN in IN a DT particular JJ area NN and CC the DT number NN reporting VBG a DT worsening NN . . 
13 For IN the DT first JJ time NN , , the DT October NNP survey NN polled VBD members NNS on IN imports NNS . . 
30 It PRP found VBD that IN of IN the DT 73 CD % NN who WP import VBP , , 10 CD % NN said VBD they PRP imported VBD more RBR in IN October NNP and CC 12 CD % NN said VBD they PRP imported VBD less JJR than IN the DT previous JJ month NN . . 
37 While IN acknowledging VBG one CD month NN 's POS figures NNS do VBP n't RB prove VB a DT trend NN , , Mr. NNP Bretz NNP said VBD , , `` `` It PRP does VBZ lead VB you PRP to TO suspect VB imports NNS are VBP going VBG down RB , , or CC at IN least JJS not RB increasing VBG that RB much RB . . '' '' 
24 Items NNS listed VBN as IN being VBG in IN short JJ supply NN numbered VBD only RB about RB a DT dozen NN , , but CC they PRP included VBD one CD newcomer NN : : milk NN and CC milk NN powder NN . . 
17 `` `` It PRP 's VBZ an DT odd JJ thing NN to TO put VB on IN the DT list NN , , '' '' Mr. NNP Bretz NNP noted VBD . . 
21 He PRP said VBD that IN for IN the DT second JJ month NN in IN a DT row NN , , food NN processors NNS reported VBD a DT shortage NN of IN nonfat JJ dry JJ milk NN . . 
26 They PRP blamed VBD increased VBN demand NN for IN dairy NN products NNS at IN a DT time NN of IN exceptionally RB high JJ U.S. NNP exports NNS of IN dry JJ milk NN , , coupled VBN with IN very RB low JJ import NN quotas NNS . . 
10 Pamela NNP Sebastian NNP in IN New NNP York NNP contributed VBD to TO this DT article NN . . 
20 Here RB are VBP the DT Commerce NNP Department NNP 's POS figures NNS for IN construction NN spending NN in IN billions NNS of IN dollars NNS at IN seasonally RB adjusted VBN annual JJ rates NNS . . 
18 Here RB are VBP the DT Commerce NNP Department NNP 's POS latest JJS figures NNS for IN manufacturers NNS in IN billions NNS of IN dollars NNS , , seasonally RB adjusted VBN . . 
38 Judging VBG from IN the DT Americana NNS in IN Haruki NNP Murakami NNP 's POS `` `` A DT Wild NNP Sheep NNP Chase NNP '' '' -LRB- -LRB- Kodansha NNP , , 320 CD pages NNS , , $ $ 18.95 CD -RRB- -RRB- , , baby NN boomers NNS on IN both DT sides NNS of IN the DT Pacific NNP have VBP a DT lot NN in IN common NN . . 
17 Although IN set VBN in IN Japan NNP , , the DT novel NN 's POS texture NN is VBZ almost RB entirely RB Western JJ , , especially RB American JJ . . 
17 Characters NNS drink VBP Salty NNP Dogs NNP , , whistle VBP `` `` Johnny NNP B. NNP Goode NNP '' '' and CC watch VBP Bugs NNP Bunny NNP reruns NNS . . 
11 They PRP read VBP Mickey NNP Spillane NNP and CC talk VBP about IN Groucho NNP and CC Harpo NNP . . 
18 They PRP worry VBP about IN their PRP$ careers NNS , , drink VBP too RB much RB and CC suffer VBP through IN broken VBN marriages NNS and CC desultory JJ affairs NNS . . 
4 This DT is VBZ Japan NNP ? . 
29 For IN an DT American JJ reader NN , , part NN of IN the DT charm NN of IN this DT engaging JJ novel NN should MD come VB in IN recognizing VBG that IN Japan NNP is VBZ n't RB the DT buttoned-down JJ society NN of IN contemporary JJ American JJ lore NN . . 
36 It PRP 's VBZ also RB refreshing VBG to TO read VB a DT Japanese JJ author NN who WP clearly RB does VBZ n't RB belong VB to TO the DT self-aggrandizing JJ `` `` we-Japanese JJ '' '' school NN of IN writers NNS who WP perpetuate VBP the DT notion NN of IN the DT unique JJ Japanese NN , , unfathomable JJ by IN outsiders NNS . . 
30 If IN `` `` A DT Wild NNP Sheep NNP Chase NNP '' '' carries VBZ an DT implicit JJ message NN for IN international JJ relations NNS , , it PRP 's VBZ that IN the DT Japanese NNS are VBP more RBR like IN us PRP than IN most JJS of IN us PRP think VBP . . 
21 That DT 's VBZ not RB to TO say VB that IN the DT nutty JJ plot NN of IN `` `` A DT Wild NNP Sheep NNP Chase NNP '' '' is VBZ rooted VBN in IN reality NN . . 
7 It PRP 's VBZ imaginative JJ and CC often RB funny JJ . . 
38 A DT disaffected JJ , , hard-drinking JJ , , nearly-30 JJ hero NN sets VBZ off RP for IN snow NN country NN in IN search NN of IN an DT elusive JJ sheep NN with IN a DT star NN on IN its PRP$ back NN at IN the DT behest NN of IN a DT sinister JJ , , erudite JJ mobster NN with IN a DT Stanford NNP degree NN . . 
20 He PRP has VBZ in IN tow NN his PRP$ prescient JJ girlfriend NN , , whose WP$ sassy JJ retorts NNS mark VBP her PRP as IN anything NN but CC a DT docile JJ butterfly NN . . 
38 Along IN the DT way NN , , he PRP meets VBZ a DT solicitous JJ Christian JJ chauffeur NN who WP offers VBZ the DT hero NN God NNP 's POS phone NN number NN ; : and CC the DT Sheep NNP Man NNP , , a DT sweet JJ , , roughhewn JJ figure NN who WP wears VBZ -- : what WP else RB -- : a JJ sheepskin NN . . 
11 The DT 40-year-old JJ Mr. NNP Murakami NNP is VBZ a DT publishing NN sensation NN in IN Japan NNP . . 
37 A DT more RBR recent JJ novel NN , , `` `` Norwegian NNP Wood NNP '' '' -LRB- -LRB- every DT Japanese NN under IN 40 CD seems VBZ to TO be VB fluent JJ in IN Beatles NNP lyrics NNS -RRB- -RRB- , , has VBZ sold VBN more JJR than IN four CD million CD copies NNS since IN Kodansha NNP published VBD it PRP in IN 1987 CD . . 
24 But CC he PRP is VBZ just RB one CD of IN several JJ youthful JJ writers NNS -- : Tokyo NNP 's POS brat NN pack NN -- : who WP are VBP dominating VBG the DT best-seller NN charts NNS in IN Japan NNP . . 
17 Their PRP$ books NNS are VBP written VBN in IN idiomatic JJ , , contemporary JJ language NN and CC usually RB carry VBP hefty JJ dashes NNS of IN Americana NNS . . 
43 In IN Robert NNP Whiting NNP 's POS `` `` You PRP Gotta NNP Have NNP Wa , '' '' -LRB- -LRB- Macmillan NNP , , 339 CD pages NNS , , $ $ 17.95 CD -RRB- -RRB- , , the DT Beatles NNP give VBP way NN to TO baseball NN , , in IN the DT Nipponese JJ version NN we PRP would MD be VB hard RB put VBN to TO call VB a DT `` `` game NN . . '' '' 
24 As IN Mr. NNP Whiting NNP describes VBZ it PRP , , Nipponese JJ baseball NN is VBZ a DT `` `` mirror NN of IN Japan NNP 's POS fabled JJ virtues NNS of IN hard JJ work NN and CC harmony NN . . '' '' 
20 `` `` Wa NNP '' '' is VBZ Japanese NNP for IN `` `` team NN spirit NN '' '' and CC Japanese JJ ballplayers NNS have VBP miles NNS and CC miles NNS of IN it PRP . . 
17 A DT player NN 's POS commitment NN to TO practice NN and CC team NN image NN is VBZ as RB important JJ as IN his PRP$ batting NN average NN . . 
26 Polls NNS once RB named VBD Tokyo NNP Giants NNP star NN Tatsunori NNP Hara NNP , , a DT `` `` humble JJ , , uncomplaining JJ , , obedient JJ soul NN , , '' '' as IN the DT male JJ symbol NN of IN Japan NNP . . 
89 But CC other JJ than IN the DT fact NN that DT besuboru FW is VBZ played VBN with IN a DT ball NN and CC a DT bat NN , , it PRP 's VBZ unrecognizable JJ : : Fans NNS politely RB return VBP foul JJ balls NNS to TO stadium NN ushers NNS ; : the DT strike NN zone NN expands VBZ depending VBG on IN the DT size NN of IN the DT hitter NN ; : ties NNS are VBP permitted VBN -- : even JJ welcomed VBN -- : since IN they PRP honorably RB sidestep VBP the DT shame NN of IN defeat NN ; : players NNS must MD abide VB by IN strict JJ rules NNS of IN conduct NN even RB in IN their PRP$ personal JJ lives NNS -- : players NNS for IN the DT Tokyo NNP Giants NNP , , for IN example NN , , must MD always RB wear VB ties NNS when WRB on IN the DT road NN . . 
26 `` `` You PRP Gotta NNP Have NNP Wa NNP '' '' is VBZ the DT often RB amusing JJ chronicle NN of IN how WRB American JJ ballplayers NNS , , rationed VBN to TO two CD per IN team NN , , fare VBP in IN Japan NNP . . 
31 Despite IN the DT enormous JJ sums NNS of IN money NN they PRP 're VBP paid VBN to TO stand VB up RP at IN a DT Japanese JJ plate NN , , a DT good JJ number NN decide VBP it PRP 's VBZ not RB worth JJ it PRP and CC run VBP for IN home NN . . 
20 `` `` Funny NNP Business NNP '' '' -LRB- -LRB- Soho NNP , , 228 CD pages NNS , , $ $ 17.95 CD -RRB- -RRB- by IN Gary NNP Katzenstein NNP is VBZ anything NN but RB . . 
32 It PRP 's VBZ the DT petulant JJ complaint NN of IN an DT impudent JJ American NN whom WP Sony NNP hosted VBD for IN a DT year NN while IN he PRP was VBD on IN a DT Luce NNP Fellowship NNP in IN Tokyo NNP -- : to IN the DT regret NN of IN both DT parties NNS . . 
57 In IN sometimes RB amusing JJ , , more RBR often RB supercilious JJ , , even RB vicious JJ passages NNS , , Mr. NNP Katzenstein NNP describes VBZ how WRB Sony NNP invades VBZ even RB the DT most RBS mundane JJ aspects NNS of IN its PRP$ workers NNS ' POS lives NNS -- : at IN the DT regimented JJ office NN , , where WRB employees NNS are VBP assigned VBN lunch NN partners NNS -- : and JJ at IN `` `` home NN '' '' in IN the DT austere JJ company NN dormitory NN run VBN by IN a DT prying JJ caretaker NN . . 
13 Some DT of IN his PRP$ observations NNS about IN Japanese JJ management NN style NN are VBP on IN the DT mark NN . . 
60 It PRP 's VBZ probably RB true JJ that IN many JJ salarymen NNS put VBN in RP unproductive JJ overtime NN just RB for IN the DT sake NN of IN solidarity NN , , that IN the DT system NN is VBZ so RB hierarchical JJ that IN only RB the DT assistant JJ manager NN can MD talk VB to TO the DT manager NN and CC the DT manager NN to TO the DT general JJ manager NN , , and CC that IN Sony NNP was VBD chary JJ of IN letting VBG a DT young JJ , , short-term JJ American JJ employee NN take VB on RP any DT responsibility NN . . 
31 All DT of IN this DT must MD have VB been VBN enormously RB frustrating VBG to TO Mr. NNP Katzenstein NNP , , who WP went VBD to TO Sony NNP with IN degrees NNS in IN business NN and CC computer NN science NN and CC was VBD raring JJ to TO invent VB another DT Walkman NNP . . 
37 But CC Sony NNP ultimately RB took VBD a DT lesson NN from IN the DT American JJ management NN books NNS and CC fired VBD Mr. NNP Katzenstein NNP , , after IN he PRP committed VBD the DT social JJ crime NN of IN making VBG an DT appointment NN to TO see VB the DT venerable JJ Akio NNP Morita NNP , , founder NN of IN Sony NNP . . 
10 It PRP 's VBZ a DT shame NN their PRP$ meeting NN never RB took VBD place NN . . 
19 Mr. NNP Katzenstein NNP certainly RB would MD have VB learned VBD something NN , , and CC it PRP 's VBZ even RB possible JJ Mr. NNP Morita NNP would MD have VB too RB . . 
18 Ms. NNP Kirkpatrick NNP , , the DT Journal NNP 's POS deputy NN editorial NN features NNS editor NN , , worked VBD in IN Tokyo NNP for IN three CD years NNS . . 
14 More JJR and CC more JJR corners NNS of IN the DT globe NN are VBP becoming VBG free JJ of IN tobacco NN smoke NN . . 
29 In IN Singapore NNP , , a DT new JJ law NN requires VBZ smokers NNS to TO put VB out RP their PRP$ cigarettes NNS before IN entering VBG restaurants NNS , , department NN stores NNS and CC sports NNS centers NNS or CC face VB a DT $ $ 250 CD fine NN . . 
26 Discos NNS and CC private JJ clubs NNS are VBP exempt JJ from IN the DT ban NN , , and CC smoking NN will MD be VB permitted VBN in IN bars NNS except IN during IN meal NN hours NNS , , an DT official NN said VBD . . 
18 Singapore NNP already RB bans VBZ smoking NN in IN all DT theaters NNS , , buses NNS , , public JJ elevators NNS , , hospitals NNS and CC fast-food NN restaurants NNS . . 
41 In IN Malaysia NNP , , Siti NNP Zaharah NNP Sulaiman NNP , , a DT deputy NN minister NN in IN the DT prime JJ minister NN 's POS office NN , , launched VBD a DT `` `` No-Smoking NNP Week NNP '' '' at IN the DT Mara NNP Institute NNP of IN Technology NNP near IN Kuala NNP Lumpur NNP and CC urged VBD other JJ schools NNS to TO ban VB on-campus JJ smoking NN . . 
6 South NNP Korea NNP has VBZ different JJ concerns NNS . . 
20 In IN Seoul NNP , , officials NNS began VBD visiting VBG about RB 26,000 CD cigarette NN stalls NNS to TO remove VB illegal JJ posters NNS and CC signboards NNS advertising VBG imported VBN cigarettes NNS . . 
16 South NNP Korea NNP has VBZ opened VBN its PRP$ market NN to TO foreign JJ cigarettes NNS but CC restricts VBZ advertising NN to TO designated VBN places NNS . . 
24 A DT marketing NN study NN indicates VBZ that IN Hong NNP Kong NNP consumers NNS are VBP the DT most RBS materialistic JJ in IN the DT 14 CD major JJ markets NNS where WRB the DT survey NN was VBD carried VBN out RP . . 
36 The DT study NN by IN the DT Backer NNP Spielvogel NNP Bates NNP ad NN agency NN also RB found VBD that IN the DT colony NN 's POS consumers NNS feel VBP more RBR pressured JJ than IN those DT in IN any DT of IN the DT other JJ surveyed VBN markets NNS , , which WDT include VBP the DT U.S. NNP and CC Japan NNP . . 
28 The DT survey NN found VBD that IN nearly RB half NN of IN Hong NNP Kong NNP consumers NNS espouse VBP what WP it PRP identified VBD as IN materialistic JJ values NNS , , compared VBN with IN about RB one-third JJ in IN Japan NNP and CC the DT U.S. NNP . . 
35 More JJR than IN three CD in IN five CD said VBD they PRP are VBP under IN a DT great JJ deal NN of IN stress NN most JJS of IN the DT time NN , , compared VBN with IN less JJR than IN one CD in IN two CD U.S. NNP consumers NNS and CC one CD in IN four CD in IN Japan NNP . . 
35 The DT Thai NNP cabinet NN endorsed VBD Finance NNP Minister NNP Pramual NNP Sabhavasu NNP 's POS proposal NN to TO build VB a DT $ $ 19 CD million CD conference NN center NN for IN a DT joint JJ meeting NN of IN the DT World NNP Bank NNP and CC International NNP Monetary NNP Fund NNP two CD years NNS from IN now RB . . 
37 The DT meeting NN , , which WDT is VBZ expected VBN to TO draw VB 20,000 CD to TO Bangkok NNP , , was VBD going VBG to TO be VB held VBN at IN the DT Central NNP Plaza NNP Hotel NNP , , but CC the DT government NN balked VBD at IN the DT hotel NN 's POS conditions NNS for IN undertaking VBG necessary JJ expansion NN . . 
21 A DT major JJ concern NN about IN the DT current JJ plan NN is VBZ whether IN the DT new JJ center NN can MD be VB built VBN in IN such JJ a DT short JJ time NN . . 
33 Yasser NNP Arafat NNP has VBZ written VBN to TO the DT chairman NN of IN the DT International NNP Olympic NNP Committee NNP asking VBG him PRP to TO back VB a DT Palestinian JJ bid NN to TO join VB the DT committee NN , , the DT Palestine NNP Liberation NNP Organization NNP news NN agency NN WAFA NNP said VBD . . 
26 An DT official NN of IN the DT Palestinian NNP Olympic NNP Committee NNP said VBD the DT committee NN first RB applied VBD for IN membership NN in IN 1979 CD and CC renewed VBD its PRP$ application NN in IN August NNP of IN this DT year NN . . 
31 The DT PLO NNP in IN recent JJ months NNS has VBZ been VBN trying VBG to TO join VB international JJ organizations NNS but CC failed VBD earlier RBR this DT year NN to TO win VB membership NN in IN the DT World NNP Health NNP Organization NNP and CC the DT World NNP Tourism NNP Organization NNP . . 
22 A DT Beijing NNP food-shop JJ assistant NN has VBZ become VBN the DT first JJ mainland NN Chinese NN to TO get VB AIDS NNP through IN sex NN , , the DT People NNP 's POS Daily NNP said VBD . . 
22 It PRP said VBD the DT man NN , , whom WP it PRP did VBD not RB name VB , , had VBD been VBN found VBN to TO have VB the DT disease NN after IN hospital NN tests NNS . . 
31 Once RB the DT disease NN was VBD confirmed VBN , , all DT the DT man NN 's POS associates NNS and CC family NN were VBD tested VBN , , but CC none NN have VBP so RB far RB been VBN found VBN to TO have VB AIDS NNP , , the DT newspaper NN said VBD . . 
25 The DT man NN had VBD for IN a DT long JJ time NN had VBN `` `` a DT chaotic JJ sex NN life NN , , '' '' including VBG relations NNS with IN foreign JJ men NNS , , the DT newspaper NN said VBD . . 
15 The DT Polish JJ government NN increased VBD home NN electricity NN charges NNS by IN 150 CD % NN and CC doubled VBD gas NN prices NNS . . 
30 The DT official JJ news NN agency NN PAP NNP said VBD the DT increases NNS were VBD intended VBN to TO bring VB unrealistically RB low JJ energy NN charges NNS into IN line NN with IN production NN costs NNS and CC compensate VB for IN a DT rise NN in IN coal NN prices NNS . . 
28 In IN happier JJR news NN , , South NNP Korea NNP , , in IN establishing VBG diplomatic JJ ties NNS with IN Poland NNP yesterday NN , , announced VBD $ $ 450 CD million CD in IN loans NNS to TO the DT financially RB strapped VBN Warsaw NNP government NN . . 
21 In IN a DT victory NN for IN environmentalists NNS , , Hungary NNP 's POS parliament NN terminated VBD a DT multibillion-dollar JJ River NNP Danube NNP dam NN being VBG built VBN by IN Austrian JJ firms NNS . . 
22 The DT Nagymaros NNP dam NN was VBD designed VBN to TO be VB twinned VBN with IN another DT dam NN , , now RB nearly RB complete JJ , , 100 CD miles NNS upstream RB in IN Czechoslovakia NNP . . 
32 In IN ending VBG Hungary NNP 's POS part NN of IN the DT project NN , , Parliament NNP authorized VBD Prime NNP Minister NNP Miklos NNP Nemeth NNP to TO modify VB a DT 1977 CD agreement NN with IN Czechoslovakia NNP , , which WDT still RB wants VBZ the DT dam NN to TO be VB built VBN . . 
22 Mr. NNP Nemeth NNP said VBD in IN parliament NN that IN Czechoslovakia NNP and CC Hungary NNP would MD suffer VB environmental JJ damage NN if IN the DT twin NN dams NNS were VBD built VBN as IN planned VBN . . 
19 Czechoslovakia NNP said VBD in IN May NNP it PRP could MD seek VB $ $ 2 CD billion CD from IN Hungary NNP if IN the DT twindam NN contract NN were VBD broken VBN . . 
16 The DT Czech JJ dam NN ca MD n't RB be VB operated VBN solely RB at IN peak NN periods NNS without IN the DT Nagymaros NNP project NN . . 
22 A DT painting NN by IN August NNP Strindberg NNP set VBD a DT Scandinavian JJ price NN record NN when WRB it PRP sold VBD at IN auction NN in IN Stockholm NNP for IN $ $ 2.44 CD million CD . . 
14 `` `` Lighthouse NNP II NNP '' '' was VBD painted VBN in IN oils NNS by IN the DT playwright NN in IN 1901 CD ... : 
36 After IN years NNS of IN decline NN , , weddings NNS in IN France NNP showed VBD a DT 2.2 CD % NN upturn NN last JJ year NN , , with IN 6,000 CD more JJR couples NNS exchanging VBG rings NNS in IN 1988 CD than IN in IN the DT previous JJ year NN , , the DT national JJ statistics NNS office NN said VBD . . 
27 But CC the DT number NN of IN weddings NNS last JJ year NN -- : 271,124 CD -- : was VBD still RB well RB below IN the DT 400,000 CD registered VBN in IN 1972 CD , , the DT last JJ year NN of IN increasing VBG marriages NNS . . 
34 BRAMALEA NNP Ltd. NNP said VBD it PRP agreed VBD to TO issue VB 100 CD million CD Canadian JJ dollars NNS -LRB- -LRB- US$ $ 85.1 CD million CD -RRB- -RRB- of IN 10.5 CD % NN senior JJ debentures NNS due JJ Nov. NNP 30 CD , , 1999 CD , , together RB with IN 100,000 CD bond NN purchase NN warrants NNS . . 
31 The DT Toronto-based JJ real JJ estate NN concern NN said VBD each DT bond NN warrant NN entitles VBZ the DT holder NN to TO buy VB C$ $ 1,000 CD principal NN amount NN of IN debentures NNS at IN par NN plus CC accrued VBN interest NN to TO the DT date NN of IN purchase NN . . 
8 The DT warrants NNS expire VBP Nov. NNP 30 CD , , 1990 CD . . 
27 The DT issue NN will MD be VB swapped VBN into IN fixed-rate JJ U.S. NNP dollars NNS at IN a DT rate NN the DT company NN said VBD is VBZ less JJR than IN 9 CD % NN ; : a DT spokesman NN declined VBD to TO elaborate VB . . 
20 Lead JJ underwriters NNS for IN the DT issue NN are VBP Scotia NNP McLeod NNP Inc. NNP and CC RBC NNP Dominion NNP Securities NNP Inc. NNP , , both DT Toronto-based JJ investment NN dealers NNS . . 
15 Bramalea NNP said VBD it PRP expects VBZ to TO complete VB the DT issue NN by IN the DT end NN of IN the DT month NN . . 
16 As IN an DT actor NN , , Charles NNP Lane NNP is VBZ n't RB the DT inheritor NN of IN Charlie NNP Chaplin NNP 's POS spirit NN . . 
10 Steve NNP Martin NNP has VBZ already RB laid VBN his PRP$ claim NN to TO that DT . . 
29 But CC it PRP is VBZ Mr. NNP Lane NNP , , as IN movie NN director NN , , producer NN and CC writer NN , , who WP has VBZ been VBN obsessed VBN with IN refitting VBG Chaplin NNP 's POS Little NNP Tramp NNP in IN a DT contemporary JJ way NN . . 
44 In IN 1976 CD , , as IN a DT film NN student NN at IN the DT Purchase NNP campus NN of IN the DT State NNP University NNP of IN New NNP York NNP , , Mr. NNP Lane NNP shot VBD `` `` A DT Place NNP in IN Time NNP , , '' '' a DT 36-minute JJ black-and-white JJ film NN about IN a DT sketch NN artist NN , , a DT man NN of IN the DT streets NNS . . 
32 Now RB , , 13 CD years NNS later RBR , , Mr. NNP Lane NNP has VBZ revived VBN his PRP$ Artist NNP in IN a DT full-length JJ movie NN called VBN `` `` Sidewalk NNP Stories NNP , , '' '' a DT poignant JJ piece NN of IN work NN about IN a DT modern-day JJ tramp NN . . 
20 Of IN course NN , , if IN the DT film NN contained VBD dialogue NN , , Mr. NNP Lane NNP 's POS Artist NNP would MD be VB called VBN a DT homeless JJ person NN . . 
10 So RB would MD the DT Little NNP Tramp NNP , , for IN that DT matter NN . . 
18 I PRP say VBP `` `` contained VBD dialogue NN '' '' because IN `` `` Sidewalk NNP Stories NNP '' '' is VBZ n't RB really RB silent JJ at IN all DT . . 
53 Composer NN Marc NNP Marder NNP , , a DT college NN friend NN of IN Mr. NNP Lane NNP 's POS who WP earns VBZ his PRP$ living NN playing VBG the DT double JJ bass NN in IN classical JJ music NN ensembles NNS , , has VBZ prepared VBN an DT exciting JJ , , eclectic JJ score NN that WDT tells VBZ you PRP what WP the DT characters NNS are VBP thinking VBG and CC feeling VBG far RB more RBR precisely RB than IN intertitles NNS , , or CC even RB words NNS , , would MD . . 
37 Much RB of IN Mr. NNP Lane NNP 's POS film NN takes VBZ a DT highly RB romanticized VBN view NN of IN life NN on IN the DT streets NNS -LRB- -LRB- though IN probably RB no DT more RBR romanticized VBN than IN Mr. NNP Chaplin NNP 's POS notion NN of IN the DT Tramp NNP as IN the DT good-hearted JJ free JJ spirit NN -RRB- -RRB- . . 
22 Filmed VBN in IN lovely JJ black NN and CC white NN by IN Bill NNP Dill NNP , , the DT New NNP York NNP streets NNS of IN `` `` Sidewalk NNP Stories NNP '' '' seem VBP benign JJ . . 
21 On IN Wall NNP Street NNP men NNS and CC women NNS walk VBP with IN great JJ purpose NN , , noticing VBG one CD another DT only RB when WRB they PRP jostle VBP for IN cabs NNS . . 
24 The DT Artist NNP hangs VBZ out RP in IN Greenwich NNP Village NNP , , on IN a DT strip NN of IN Sixth NNP Avenue NNP populated VBN by IN jugglers NNS , , magicians NNS and CC other JJ good-natured JJ hustlers NNS . . 
31 -LRB- -LRB- This DT clearly RB is VBZ not RB real JJ life NN : : no DT crack NN dealers NNS , , no DT dead-eyed JJ men NNS selling VBG four-year-old JJ copies NNS of IN Cosmopolitan NNP , , no DT one PRP curled VBD up RP in IN a DT cardboard NN box NN . . -RRB- -RRB- 
6 The DT Artist NNP has VBZ his PRP$ routine NN . . 
11 He PRP spends VBZ his PRP$ days NNS sketching VBG passers-by NNS , , or CC trying VBG to TO . . 
12 At IN night NN he PRP returns VBZ to TO the DT condemned VBN building NN he PRP calls VBZ home NN . . 
15 His PRP$ life NN , , including VBG his PRP$ skirmishes NNS with IN a DT competing VBG sketch NN artist NN , , seems VBZ carefree JJ . . 
6 He PRP is VBZ his PRP$ own JJ man NN . . 
47 Then RB , , just RB as IN the DT Tramp NNP is VBZ given VBN a DT blind JJ girl NN to TO cure VB in IN `` `` City NNP Lights NNP , , '' '' the DT Artist NNP is VBZ put VBN in IN charge NN of IN returning VBG a DT two-year-old JJ waif NN -LRB- -LRB- Nicole NNP Alysia NNP -RRB- -RRB- , , whose WP$ father NN has VBZ been VBN murdered VBN by IN thugs NNS , , to TO her PRP$ mother NN . . 
13 This DT cute JJ child NN turns VBZ out RP to TO be VB a DT blessing NN and CC a DT curse NN . . 
22 She PRP gives VBZ the DT Artist NNP a DT sense NN of IN purpose NN , , but CC also RB alerts VBZ him PRP to TO the DT serious JJ inadequacy NN of IN his PRP$ vagrant JJ life NN . . 
24 The DT beds NNS at IN the DT Bowery NNP Mission NNP seem VBP far JJ drearier RBR when WRB he PRP has VBZ to TO tuck VB a DT little JJ girl NN into IN one CD of IN them PRP at IN night NN . . 
39 To TO further RBR load VB the DT stakes NNS , , Mr. NNP Lane NNP dreamed VBD up RP a DT highly RB improbable JJ romance NN for IN the DT Artist NNP , , with IN a DT young JJ woman NN who WP owns VBZ her PRP$ own JJ children NNS 's POS shop NN and CC who WP lives VBZ in IN an DT expensive JJ high-rise JJ apartment NN building NN . . 
26 This DT story NN line NN might MD resonate VB more RBR strongly RB if IN Mr. NNP Lane NNP had VBD as RB strong JJ a DT presence NN in IN front NN of IN the DT camera NN as IN he PRP does VBZ behind IN it PRP . . 
15 Mr. NNP Lane NNP 's POS final JJ purpose NN is VBZ n't RB to TO glamorize VB the DT Artist NNP 's POS vagabond NN existence NN . . 
21 He PRP has VBZ a DT point NN he PRP wants VBZ to TO make VB , , and CC he PRP makes VBZ it PRP , , with IN a DT great JJ deal NN of IN force NN . . 
28 The DT movie NN ends VBZ with IN sound NN , , the DT sound NN of IN street NN people NNS talking VBG , , and CC there EX is VBZ n't RB anything NN whimsical JJ or CC enviable JJ in IN those DT rough JJ , , beaten JJ voices NNS . . 
21 The DT French JJ film NN maker NN Claude NNP Chabrol NNP has VBZ managed VBN another DT kind NN of IN weird JJ achievement NN with IN his PRP$ `` `` Story NNP of IN Women NNP . . '' '' 
30 He PRP has VBZ made VBN a DT harsh JJ , , brilliant JJ picture NN -- : one CD that WDT 's VBZ captivating JJ -- : about IN a DT character NN who WP , , viewed VBN from IN the DT most RBS sympathetic JJ angle NN , , would MD seem VB disagreeable JJ . . 
34 Yet RB this DT woman NN , , Marie-Louise NNP Giraud NNP , , carries VBZ historical JJ significance NN , , both DT as IN one CD of IN the DT last JJ women NNS to TO be VB executed VBN in IN France NNP and CC as IN a DT symbol NN of IN the DT Vichy NNP government NN 's POS hypocrisy NN . . 
29 While IN Vichy NNP collaborated VBD with IN the DT Germans NNS during IN World NNP War NNP II NNP in IN the DT deaths NNS of IN thousands NNS of IN Resistance NNP fighters NNS and CC Jews NNS , , its PRP$ officials NNS needed VBD a DT diversionary JJ symbolic JJ traitor NN . . 
10 Marie-Louise NNP , , a DT small-time JJ abortionist NN , , was VBD their PRP$ woman NN . . 
22 She PRP became VBD an DT abortionist NN accidentally RB , , and CC continued VBD because IN it PRP enabled VBD her PRP to TO buy VB jam NN , , cocoa NN and CC other JJ war-rationed JJ goodies NNS . . 
13 She PRP was VBD untrained JJ and CC , , in IN one CD botched JJ job NN killed VBD a DT client NN . . 
7 Her PRP$ remorse NN was VBD shallow JJ and CC brief JJ . . 
27 Although IN she PRP was VBD kind JJ and CC playful JJ to TO her PRP$ children NNS , , she PRP was VBD dreadful JJ to TO her PRP$ war-damaged JJ husband NN ; : she PRP openly RB brought VBD her PRP$ lover NN into IN their PRP$ home NN . . 
30 As IN presented VBN by IN Mr. NNP Chabrol NNP , , and CC played VBN with IN thin-lipped JJ intensity NN by IN Isabelle NNP Huppert NNP , , Marie-Louise NNP -LRB- -LRB- called VBN Marie NNP Latour NNP in IN the DT film NN -RRB- -RRB- was VBD not RB a DT nice JJ person NN . . 
12 But CC she PRP did VBD n't RB deserve VB to TO have VB her PRP$ head NN chopped VBN off RP . . 
24 There EX is VBZ very RB little JJ to TO recommend VB `` `` Old NNP Gringo NNP , , '' '' a DT confused JJ rendering NN of IN the DT Carlos NNP Fuentes NNP novel NN of IN the DT Mexican NNP Revolution NNP . . 
23 Most JJS of IN the DT picture NN is VBZ taken VBN up RP with IN endless JJ scenes NNS of IN many JJ people NNS either CC fighting VBG or CC eating VBG and CC drinking VBG to TO celebrate VB victory NN . . 
43 I PRP mention VBP the DT picture NN only RB because IN many JJ bad JJ movies NNS have VBP a DT bright JJ spot NN , , and CC this DT one CD has VBZ Gregory NNP Peck NNP , , in IN a DT marvelously RB loose JJ and CC energetic JJ portrayal NN of IN an DT old JJ man NN who WP wants VBZ to TO die VB the DT way NN he PRP wants VBZ to TO die VB . . 
26 Video NNP Tip NNP : : Before IN seeing VBG `` `` Sidewalk NNP Stories NNP , , '' '' take VB a DT look NN at IN `` `` City NNP Lights NNP , , '' '' Chaplin NNP 's POS Tramp NNP at IN his PRP$ finest JJS . . 
27 Boeing NNP Co. NNP said VBD it PRP is VBZ discussing VBG plans NNS with IN three CD of IN its PRP$ regular JJ Japanese JJ suppliers NNS to TO possibly RB help VB build VB a DT larger JJR version NN of IN its PRP$ popular JJ 767 CD twin-jet NN . . 
38 The DT discussions NNS are VBP still RB in IN preliminary JJ stages NNS , , and CC the DT specific JJ details NNS have VBP n't RB been VBN worked VBN out RP between IN the DT Seattle NNP aerospace NN company NN and CC Kawasaki NNP Heavy NNP Industries NNP Ltd. NNP , , Mitsubishi NNP Heavy NNP Industries NNP Ltd. NNP and CC Fuji NNP Heavy NNP Industries NNP Ltd NNP . . 
22 The DT three CD Japanese JJ companies NNS build VBP the DT body NN sections NNS of IN the DT 767 CD , , accounting VBG for IN a DT combined JJ 15 CD % NN of IN the DT aircraft NN . . 
23 Japanese JJ press NN reports NNS have VBP speculated VBN that IN the DT Japanese JJ contribution NN could MD rise VB to TO between IN 20 CD % NN and CC 25 CD % NN under IN the DT new JJ program NN . . 
19 If IN Boeing NNP goes VBZ ahead RB with IN the DT larger JJR 767 CD , , the DT plane NN could MD hit VB the DT market NN in IN the DT mid-1990s NNS . . 
23 This DT is VBZ the DT year NN the DT negative JJ ad NN , , for IN years NNS a DT secondary JJ presence NN in IN most JJS political JJ campaigns NNS , , became VBD the DT main JJ event NN . . 
38 The DT irony NN is VBZ that IN the DT attack NN commercial NN , , after IN getting VBG a DT boost NN in IN last JJ year NN 's POS presidential JJ campaign NN , , has VBZ come VBN of IN age NN in IN an DT off-off JJ election NN year NN with IN only RB a DT few JJ contests NNS scattered VBN across IN the DT country NN . . 
44 But IN in IN the DT three CD leading VBG political JJ contests NNS of IN 1989 CD , , the DT negative JJ ads NNS have VBP reached VBN new JJ levels NNS of IN hostility NN , , raising VBG fears NNS that IN this DT kind NN of IN mudslinging NN , , empty JJ of IN significant JJ issues NNS , , is VBZ ushering VBG in IN a DT new JJ era NN of IN campaigns NNS without IN content NN . . 
27 `` `` Now RB , , '' '' says VBZ Joseph NNP Napolitan NNP , , a DT pioneer NN in IN political JJ television NN , , `` `` the DT idea NN is VBZ to TO attack VB first RB , , last RB and CC always RB . . '' '' 
35 A DT trend NN that WDT started VBD with IN the DT first JJ stirrings NNS of IN politics NNS , , accelerated VBD with IN the DT dawn NN of IN the DT television NN age NN and CC became VBD a DT sometimes-tawdry JJ art NN form NN in IN 1988 CD , , has VBZ reached VBN an DT entirely RB new JJ stage NN . . 
40 `` `` To TO get VB people NNS 's POS attention NN these DT days NNS , , '' '' says VBZ Douglas NNP Bailey NNP , , a DT political JJ consultant NN , , `` `` your PRP$ TV NN ad NN needs VBZ to TO be VB bold JJ and CC entertaining JJ , , and CC , , more RBR often RB than IN not RB , , that WDT means VBZ confrontational JJ . . 
22 And CC , , unlike IN a DT few JJ years NNS ago RB , , you PRP do VBP n't RB even RB have VB to TO worry VB whether IN the DT ad NN is VBZ truthful JJ . . '' '' 
22 In IN 1989 CD , , as RB often RB as IN not RB , , the DT principal JJ fights NNS in IN the DT major JJ campaigns NNS are VBP prompted VBN by IN the DT ads NNS themselves PRP . . 
29 Take VB a DT look NN , , then RB , , at IN the DT main JJ attack NN commercials NNS that WDT set VBD the DT tone NN for IN Tuesday NNP 's POS elections NNS in IN New NNP York NNP City NNP , , New NNP Jersey NNP and CC Virginia NNP : : 
4 New NNP York NNP City NNP : : 
23 The DT screen NN fills VBZ with IN a DT small JJ , , tight JJ facial JJ shot NN of IN David NNP Dinkins NNP , , Democratic JJ candidate NN for IN mayor NN of IN New NNP York NNP City NNP . . 
21 `` `` David NNP Dinkins NNP failed VBD to TO file VB his PRP$ income NN taxes NNS for IN four CD straight JJ years NNS , , '' '' says VBZ a DT disembodied JJ male NN voice NN . . 
33 And CC then RB this DT television NN commercial NN , , paid VBN for RB by IN Republican NNP Rudolph NNP Giuliani NNP 's POS campaign NN and CC produced VBN by IN Roger NNP Ailes NNP , , the DT master NN of IN negative JJ TV NN ads NNS , , really RB gets VBZ down RB to TO business NN . . 
45 Mr. NNP Dinkins NNP , , the DT ad NN charges VBZ , , also RB failed VBD to TO report VB his PRP$ campaign NN contributions NNS accurately RB , , hid VBD his PRP$ links NNS to TO a DT failing VBG insurance NN company NN and CC paid VBD a DT convicted VBN kidnapper NN `` `` through IN a DT phony JJ organization NN with IN no DT members NNS , , no DT receipts NNS and CC no DT office NN . . '' '' 
21 `` `` David NNP Dinkins NNP , , '' '' says VBZ the DT kicker NN , , `` `` Why WRB does VBZ he PRP always RB wait VB until IN he PRP 's VBZ caught VBN ? . '' '' 
31 `` `` Nasty JJ innuendoes NNS , , '' '' says VBZ John NNP Siegal NNP , , Mr. NNP Dinkins NNP 's POS issues NNS director NN , , `` `` designed VBN to TO prosecute VB a DT case NN of IN political JJ corruption NN that WDT simply RB does VBZ n't RB exist VB . . '' '' 
27 Stung VBN by IN the DT Giuliani NNP ads NNS , , Mr. NNP Dinkins NNP 's POS TV NN consultants NNS , , Robert NNP Shrum NNP and CC David NNP Doak NNP , , finally RB unleashed VBD a DT negative JJ ad NN of IN their PRP$ own JJ . . 
14 The DT screen NN shows VBZ two CD distorted JJ , , unrecognizable JJ photos NNS , , presumably RB of IN two CD politicians NNS . . 
12 `` `` Compare VB two CD candidates NNS for IN mayor NN , , '' '' says VBZ the DT announcer NN . . 
10 `` `` One NN says VBZ he PRP 's VBZ for IN banning VBG cop-killer JJ bullets NNS . . 
10 The DT other JJ has VBZ opposed VBN a DT ban NN on IN cop-killer JJ bullets NNS . . 
6 One NN claims VBZ he PRP 's VBZ pro-choice JJ . . 
12 The DT other JJ has VBZ opposed VBN a DT woman NN 's POS right NN to TO choose VB . . '' '' 
19 `` `` Funny JJ thing NN , , '' '' says VBZ the DT kicker NN , , `` `` both DT these DT candidates NNS are VBP named VBN Rudolph NNP Giuliani NNP . . '' '' 
6 Who WP 's VBZ telling VBG the DT truth NN ? . 
5 Everybody NN -- : and IN nobody NN . . 
16 It PRP 's VBZ a DT classic JJ situation NN of IN ads NNS that WDT are VBP true JJ but CC not RB always RB fully RB accurate JJ . . 
33 Mr. NNP Dinkins NNP did VBD fail VB to TO file VB his PRP$ income NN taxes NNS for IN four CD years NNS , , but CC he PRP insists VBZ he PRP voluntarily RB admitted VBD the DT `` `` oversight NN '' '' when WRB he PRP was VBD being VBG considered VBN for IN a DT city NN job NN . . 
23 He PRP was VBD on IN the DT board NN of IN an DT insurance NN company NN with IN financial JJ problems NNS , , but CC he PRP insists VBZ he PRP made VBD no DT secret NN of IN it PRP . . 
24 The DT city NN 's POS Campaign NNP Finance NNP Board NNP has VBZ refused VBN to TO pay VB Mr. NNP Dinkins NNP $ $ 95,142 CD in IN matching JJ funds NNS because IN his PRP$ campaign NN records NNS are VBP incomplete JJ . . 
11 The DT campaign NN has VBZ blamed VBN these DT reporting NN problems NNS on IN computer NN errors NNS . . 
25 And CC , , says VBZ Mr. NNP Dinkins NNP , , he PRP did VBD n't RB know VB the DT man NN his PRP$ campaign NN paid VBD for IN a DT get-out-the-vote JJ effort NN had VBD been VBN convicted VBN of IN kidnapping NN . . 
20 But CC , , say VBP Mr. NNP Dinkins NNP 's POS managers NNS , , he PRP did VBD have VB an DT office NN and CC his PRP$ organization NN did VBD have VB members NNS . . 
18 Mr. NNP Giuliani NNP 's POS campaign NN chairman NN , , Peter NNP Powers NNP , , says VBZ the DT Dinkins NNP ad NN is VBZ `` `` deceptive JJ . . '' '' 
22 The DT other JJ side NN , , he PRP argues VBZ , , `` `` knows VBZ Giuliani NNP has VBZ always RB been VBN pro-choice JJ , , even RB though IN he PRP has VBZ personal JJ reservations NNS . . 
24 They PRP know VBP he PRP is VBZ generally RB opposed VBN to TO cop-killer JJ bullets NNS , , but CC that IN he PRP had VBD some DT reservations NNS about IN the DT language NN in IN the DT legislation NN . . '' '' 
2 Virginia NNP : : 
34 Democratic JJ Lt. NNP Gov. NNP Douglas NNP Wilder NNP opened VBD his PRP$ gubernatorial JJ battle NN with IN Republican JJ Marshall NNP Coleman NNP with IN an DT abortion NN commercial NN produced VBN by IN Frank NNP Greer NNP that IN analysts NNS of IN every DT political JJ persuasion NN agree VBP was VBD a DT tour NN de FW force NN . . 
32 Against IN a DT shot NN of IN Monticello NNP superimposed VBN on IN an DT American JJ flag NN , , an DT announcer NN talks VBZ about IN the DT `` `` strong JJ tradition NN of IN freedom NN and CC individual JJ liberty NN '' '' that IN Virginians NNPS have VBP nurtured VBN for IN generations NNS . . 
46 Then RB , , just RB as IN an DT image NN of IN the DT statue NN of IN Thomas NNP Jefferson NNP dissolves VBZ from IN the DT screen NN , , the DT announcer NN continues VBZ : : `` `` On IN the DT issue NN of IN abortion NN , , Marshall NNP Coleman NNP wants VBZ to TO take VB away RP your PRP$ right NN to TO choose VB and CC give VB it PRP to TO the DT politicians NNS . . '' '' 
52 That DT commercial JJ -- : which WDT said VBD Mr. NNP Coleman NNP wanted VBD to TO take VB away RP the DT right NN of IN abortion NN `` `` even RB in IN cases NNS of IN rape NN and CC incest NN , , '' '' a DT charge NN Mr. NNP Coleman NNP denies VBZ -- : changed VBD the DT dynamics NNS of IN the DT campaign NN , , transforming VBG it PRP , , at IN least JJS in IN part NN , , into IN a DT referendum NN on IN abortion NN . . 
42 The DT ad NN prompted VBD Mr. NNP Coleman NNP , , the DT former JJ Virginia NNP attorney NN general NN , , to TO launch VB a DT series NN of IN advertisements NNS created VBN by IN Bob NNP Goodman NNP and CC designed VBN to TO shake VB Mr. NNP Wilder NNP 's POS support NN among IN the DT very JJ women NNS who WP were VBD attracted VBN by IN the DT abortion NN ad NN . . 
25 The DT Coleman NNP counterattack NN featured VBD a DT close-up NN of IN a DT young JJ woman NN in IN shadows NNS and CC the DT ad NN suggested VBD that IN she PRP was VBD recalling VBG an DT unpleasant JJ courtroom NN ordeal NN . . 
16 A DT voice NN says VBZ , , `` `` C'mon VB , , now RB , , do VBP n't RB you PRP have VB boyfriends NNS ? . '' '' 
35 Then RB an DT announcer NN interjects VBZ : : `` `` It PRP was VBD Douglas NNP Wilder NNP who WP introduced VBD a DT bill NN to TO force VB rape NN victims NNS age NN 13 CD and CC younger JJR to TO be VB interrogated VBN about IN their PRP$ private JJ lives NNS by IN lawyers NNS for IN accused VBN rapists NNS . . 
24 So RB the DT next JJ time NN Mr. NNP Wilder NNP talks VBZ about IN the DT rights NNS of IN women NNS , , ask VB him PRP about IN this DT law NN he PRP tried VBD to TO pass VB . . '' '' 
29 Mr. NNP Wilder NNP did VBD introduce VB such JJ legislation NN 17 CD years NNS ago RB , , but CC he PRP did VBD so RB at IN the DT request NN of IN a DT constituent NN , , a DT common JJ legislative JJ technique NN used VBN by IN lawmakers NNS . . 
29 The DT legislation NN itself PRP noted VBD that IN it PRP was VBD introduced VBN `` `` by IN request NN , , '' '' and CC in IN 1983 CD Mr. NNP Wilder NNP introduced VBD a DT bill NN to TO protect VB rape NN victims NNS from IN unfounded JJ interrogation NN . . 
33 `` `` People NNS have VBP grown VBN tired JJ of IN these DT ads NNS and CC Coleman NNP has VBZ gotten VBN the DT stigma NN of IN being VBG a DT negative JJ campaigner NN , , '' '' says VBZ Mark NNP Rozell NNP , , a DT political JJ scientist NN at IN Mary NNP Washington NNP College NNP . . 
39 `` `` Wilder NNP has VBZ managed VBN to TO get VB across RP the DT idea NN that IN Coleman NNP will MD say VB anything NN to TO get VB elected VBN governor NN and CC -- : more RBR important JJ -- : has VBZ been VBN able JJ to TO put VB the DT onus NN for IN all PDT the DT negative JJ campaigning NN on IN Coleman NNP . . '' '' 
26 Mr. NNP Coleman NNP said VBD this DT week NN that IN he PRP would MD devote VB the DT remainder NN of IN the DT political JJ season NN to TO positive JJ campaigning NN , , but CC the DT truce NN lasted VBD only RB hours NNS . . 
25 By IN Tuesday NNP night NN , , television NN stations NNS were VBD carrying VBG new JJ ads NNS featuring VBG Mr. NNP Coleman NNP himself PRP raising VBG questions NNS about IN Mr. NNP Wilder NNP 's POS sensitivity NN to TO rape NN victims NNS . . 
3 New NNP Jersey NNP : : 
30 The DT attacks NNS began VBD when WRB Democratic JJ Rep. NNP James NNP Florio NNP aired VBD an DT ad NN featuring VBG a DT drawing NN of IN Pinocchio NNP and CC a DT photograph NN of IN Mr. NNP Florio NNP 's POS rival NN , , Republican JJ Rep. NNP Jim NNP Courter NNP . . 
10 `` `` Remember VB Pinocchio NNP ? . '' '' says VBZ a DT female JJ voice NN . . 
6 `` `` Consider VB Jim NNP Courter NNP . . '' '' 
20 And CC then RB this DT commercial NN , , produced VBN by IN Bob NNP Squier NNP , , gets VBZ down RB to TO its PRP$ own JJ mean JJ and CC dirty JJ business NN . . 
37 Pictures NNS of IN rusted VBN oil NN drums NNS swim VBP into IN focus NN , , and CC the DT female JJ voice NN purrs VBZ , , `` `` That DT hazardous JJ waste NN on IN his PRP$ -LCB- -LRB- Mr. NNP Courter NNP 's POS -RCB- -RRB- property NN -- : the DT neighbors NNS are VBP suing VBG for IN consumer NN fraud NN . . '' '' 
10 And CC the DT nose NN on IN Mr. NNP Courter NNP 's POS face NN grows VBZ . . 
35 The DT only JJ fraud NN involved VBN , , cry VBP Mr. NNP Courter NNP 's POS partisans NNS , , is VBZ the DT Florio NNP commercial NN itself PRP , , and CC so RB the DT Courter NNP campaign NN has VBZ responded VBN with IN its PRP$ own JJ Pinocchio NNP commercial NN , , produced VBN by IN Mr. NNP Ailes NNP . . 
13 In IN this DT one NN , , the DT screen NN fills VBZ with IN photographs NNS of IN both DT candidates NNS . . 
12 `` `` Who WP 's VBZ really RB lying VBG ? . '' '' asks VBZ a DT female JJ voice NN . . 
33 `` `` Florio NNP 's VBZ lying VBG , , '' '' the DT voice NN goes VBZ on RP , , because IN `` `` the DT barrel NN on IN Courter NNP 's POS land NN ... : contained VBD heating NN oil NN , , was VBD cleaned VBN up RP and CC caused VBD no DT pollution NN . . '' '' 
12 Mr. NNP Courter NNP 's POS long JJ nose NN shrinks VBZ while IN Mr. NNP Florio NNP 's POS grows VBZ . . 
6 Who WP 's VBZ telling VBG the DT truth NN ? . 
29 Stephen NNP Salmore NNP , , a DT political JJ scientist NN at IN New NNP Jersey NNP 's POS Eagleton NNP Institute NNP , , says VBZ it PRP 's VBZ another DT example NN of IN an DT ad NN that WDT 's VBZ true JJ but CC not RB fully RB accurate JJ . . 
28 Barrels NNS were VBD dumped VBN on IN the DT Courter NNP property NN , , a DT complaint NN was VBD made VBN , , but CC there EX is VBZ no DT evidence NN the DT barrels NNS were VBD a DT serious JJ threat NN to TO the DT environment NN . . 
24 Even RB so RB , , according VBG to TO Mr. NNP Salmore NNP , , the DT ad NN was VBD `` `` devastating VBG '' '' because IN it PRP raised VBD questions NNS about IN Mr. NNP Courter NNP 's POS credibility NN . . 
9 But CC it PRP 's VBZ building VBG on IN a DT long JJ tradition NN . . 
43 In IN 1966 CD , , on IN route NN to TO a DT re-election NN rout NN of IN Democrat NNP Frank NNP O'Connor NNP , , GOP NNP Gov. NNP Nelson NNP Rockefeller NNP of IN New NNP York NNP appeared VBD in IN person NN saying VBG , , `` `` If IN you PRP want VBP to TO keep VB the DT crime NN rates NNS high JJ , , O'Connor NNP is VBZ your PRP$ man NN . . '' '' 
24 A DT seat NN on IN the DT Chicago NNP Board NNP of IN Trade NNP was VBD sold VBN for IN $ $ 350,000 CD , , down RB $ $ 16,000 CD from IN the DT previous JJ sale NN last JJ Friday NNP . . 
16 Seats NNS currently RB are VBP quoted VBN at IN $ $ 331,000 CD , , bid NN , , and CC $ $ 350,000 CD , , asked VBN . . 
20 The DT record JJ price NN for IN a DT full JJ membership NN on IN the DT exchange NN is VBZ $ $ 550,000 CD , , set VBN Aug. NNP 31 CD , , 1987 CD . . 
13 Japanese JJ investment NN in IN Southeast NNP Asia NNP is VBZ propelling VBG the DT region NN toward IN economic JJ integration NN . . 
31 Interviews NNS with IN analysts NNS and CC business NN people NNS in IN the DT U.S. NNP suggest VBP that IN Japanese JJ capital NN may MD produce VB the DT economic JJ cooperation NN that IN Southeast JJ Asian JJ politicians NNS have VBP pursued VBN in IN fits NNS and CC starts NNS for IN decades NNS . . 
19 But CC Japan NNP 's POS power NN in IN the DT region NN also RB is VBZ sparking VBG fears NNS of IN domination NN and CC posing VBG fresh JJ policy NN questions NNS . . 
39 The DT flow NN of IN Japanese JJ funds NNS has VBZ set VBN in IN motion NN `` `` a DT process NN whereby WRB these DT economies NNS will MD be VB knitted VBN together RP by IN the DT great JJ Japanese JJ investment NN machine NN , , '' '' says VBZ Robert NNP Hormats NNP , , vice NN chairman NN of IN Goldman NNP Sachs NNP International NNP Corp NNP . . 
19 In IN the DT past JJ five CD years NNS , , Japanese JJ companies NNS have VBP tripled VBN their PRP$ commitments NNS in IN Asia NNP to TO $ $ 5.57 CD billion CD . . 
32 In IN Thailand NNP , , for IN example NN , , the DT government NN 's POS Board NNP of IN Investment NNP approved VBD $ $ 705.6 CD million CD of IN Japanese JJ investment NN in IN 1988 CD , , 10 CD times NNS the DT U.S. NNP investment NN figure NN for IN the DT year NN . . 
16 Japan NNP 's POS commitment NN in IN Southeast NNP Asia NNP also RB includes VBZ steep JJ increases NNS in IN foreign JJ assistance NN and CC trade NN . . 
17 Asia NNP 's POS other JJ cash-rich JJ countries NNS are VBP following VBG Japan NNP 's POS lead NN and CC pumping VBG capital NN into IN the DT region NN . . 
20 In IN Taiwan NNP and CC South NNP Korea NNP , , rising VBG wages NNS are VBP forcing VBG manufacturers NNS to TO seek VB other JJ overseas JJ sites NNS for IN labor-intensive JJ production NN . . 
31 These DT nations NNS , , known VBN as IN Asia NNP 's POS `` `` little JJ tigers NNS , , '' '' also RB are VBP contributing VBG to TO Southeast NNP Asia NNP 's POS integration NN , , but CC their PRP$ influence NN will MD remain VB subordinate JJ to TO Japan NNP 's POS . . 
19 For IN recipient JJ countries NNS such JJ as IN Thailand NNP and CC Malaysia NNP , , the DT investment NN will MD provide VB needed JJ jobs NNS and CC spur VB growth NN . . 
30 But CC Asian JJ nations NNS ' POS harsh JJ memories NNS of IN their PRP$ military JJ domination NN by IN Japan NNP in IN the DT early JJ part NN of IN this DT century NN make VBP them PRP fearful JJ of IN falling VBG under IN Japanese JJ economic JJ hegemony NN now RB . . 
19 Because IN of IN budget NN constraints NNS in IN Washington NNP , , the DT U.S. NNP encourages VBZ Japan NNP to TO share VB economic JJ burdens NNS in IN the DT region NN . . 
7 But CC it PRP resists VBZ yielding VBG political JJ ground NN . . 
29 In IN the DT coming VBG decade NN , , analysts NNS say VBP , , U.S.-Japanese JJ relations NNS will MD be VB tested VBN as IN Tokyo NNP comes VBZ to TO terms NNS with IN its PRP$ new JJ status NN as IN the DT region NN 's POS economic JJ behemoth NN . . 
14 Japan NNP 's POS swelling VBG investment NN in IN Southeast NNP Asia NNP is VBZ part NN of IN its PRP$ economic JJ evolution NN . . 
14 In IN the DT past NN decade NN , , Japanese JJ manufacturers NNS concentrated VBD on IN domestic JJ production NN for IN export NN . . 
28 In IN the DT 1990s NNS , , spurred VBN by IN rising VBG labor NN costs NNS and CC the DT strong JJ yen NNS , , these DT companies NNS will MD increasingly RB turn VB themselves PRP into IN multinationals NNS with IN plants NNS around IN the DT world NN . . 
15 To TO capture VB the DT investment NN , , Southeast JJ Asian JJ nations NNS will MD move VB to TO accommodate VB Japanese JJ business NN . . 
52 These DT nations NNS ' POS internal JJ decisions NNS `` `` will MD be VB made VBN in IN a DT way NN not RB to TO offend VB their PRP$ largest JJS aid NN donor NN , , largest JJS private JJ investor NN and CC largest JJS lender NN , , '' '' says VBZ Richard NNP Drobnick NNP , , director NN of IN the DT international JJ business NN and CC research NN program NN at IN the DT University NNP of IN Southern NNP California NNP 's POS Graduate NNP School NNP of IN Business NNP . . 
14 Japanese JJ money NN will MD help VB turn VB Southeast NNP Asia NNP into IN a DT more RBR cohesive JJ economic JJ region NN . . 
18 But CC , , analysts NNS say VBP , , Asian JJ cooperation NN is VBZ n't RB likely JJ to TO parallel VB the DT European NNP Common NNP Market NNP approach NN . . 
35 Rather RB , , Japanese JJ investment NN will MD spur VB integration NN of IN certain JJ sectors NNS , , says VBZ Kent NNP Calder NNP , , a DT specialist NN in IN East JJ Asian JJ economies NNS at IN the DT Woodrow NNP Wilson NNP School NNP for IN Public NNP and CC Internatonal NNP Affairs NNP at IN Princeton NNP University NNP . . 
28 In IN electronics NNS , , for IN example NN , , a DT Japanese JJ company NN might MD make VB television NN picture NN tubes NNS in IN Japan NNP , , assemble VB the DT sets NNS in IN Malaysia NNP and CC export VB them PRP to TO Indonesia NNP . . 
29 `` `` The DT effect NN will MD be VB to TO pull VB Asia NN together RP not RB as IN a DT common JJ market NN but CC as IN an DT integrated JJ production NN zone NN , , '' '' says VBZ Goldman NNP Sachs NNP 's POS Mr. NNP Hormats NNP . . 
18 Countries NNS in IN the DT region NN also RB are VBP beginning VBG to TO consider VB a DT framework NN for IN closer JJR economic JJ and CC political JJ ties NNS . . 
33 The DT economic JJ and CC foreign JJ ministers NNS of IN 12 CD Asian JJ and CC Pacific NNP nations NNS will MD meet VB in IN Australia NNP next JJ week NN to TO discuss VB global JJ trade NN issues NNS as RB well RB as IN regional JJ matters NNS such JJ as IN transportation NN and CC telecommunications NN . . 
44 Participants NNS will MD include VB the DT U.S. NNP , , Australia NNP , , Canada NNP , , Japan NNP , , South NNP Korea NNP and CC New NNP Zealand NNP as RB well RB as IN the DT six CD members NNS of IN the DT Association NNP of IN Southeast NNP Asian NNP Nations NNPS -- : Thailand NNP , , Malaysia NNP , , Singapore NNP , , Indonesia NNP , , the DT Philippines NNPS and CC Brunei NNP . . 
42 In IN addition NN , , the DT U.S. NNP this DT year NN offered VBD its PRP$ own JJ plan NN for IN cooperation NN around IN the DT Pacific NNP rim NN in IN a DT major JJ speech NN by IN Secretary NNP of IN State NNP James NNP Baker NNP , , following VBG up RP a DT proposal NN made VBN in IN January NNP by IN Australian NNP Prime NNP Minister NNP Bob NNP Hawke NNP . . 
18 The DT Baker NNP proposal NN reasserts VBZ Washington NNP 's POS intention NN to TO continue VB playing VBG a DT leading VBG political JJ role NN in IN the DT region NN . . 
20 `` `` In IN Asia NNP , , as IN in IN Europe NNP , , a DT new JJ order NN is VBZ taking VBG shape NN , , '' '' Mr. NNP Baker NNP said VBD . . 
20 `` `` The DT U.S. NNP , , with IN its PRP$ regional JJ friends NNS , , must MD play VB a DT crucial JJ role NN in IN designing VBG its PRP$ architecture NN . . '' '' 
17 But CC maintaining VBG U.S. NNP influence NN will MD be VB difficult JJ in IN the DT face NN of IN Japanese JJ dominance NN in IN the DT region NN . . 
35 Japan NNP not RB only RB outstrips VBZ the DT U.S. NNP in IN investment NN flows NNS but CC also RB outranks VBZ it PRP in IN trade NN with IN most JJS Southeast JJ Asian JJ countries NNS -LRB- -LRB- although IN the DT U.S. NNP remains VBZ the DT leading VBG trade NN partner NN for IN all DT of IN Asia NNP -RRB- -RRB- . . 
27 Moreover RB , , the DT Japanese JJ government NN , , now RB the DT world NN 's POS largest JJS aid NN donor NN , , is VBZ pumping VBG far RB more JJR assistance NN into IN the DT region NN than IN the DT U.S. NNP is VBZ . . 
21 While IN U.S. NNP officials NNS voice VBP optimism NN about IN Japan NNP 's POS enlarged JJ role NN in IN Asia NNP , , they PRP also RB convey VBP an DT undertone NN of IN caution NN . . 
33 `` `` There EX 's VBZ an DT understanding NN on IN the DT part NN of IN the DT U.S. NNP that IN Japan NNP has VBZ to TO expand VB its PRP$ functions NNS '' '' in IN Asia NNP , , says VBZ J. NNP Michael NNP Farren NNP , , undersecretary NN of IN commerce NN for IN trade NN . . 
22 `` `` If IN they PRP approach VBP it PRP with IN a DT benevolent JJ , , altruistic JJ attitude NN , , there EX will MD be VB a DT net JJ gain NN for IN everyone NN . . '' '' 
26 Some DT Asian JJ nations NNS are VBP apprehensive JJ about IN Washington NNP 's POS demand NN that IN Tokyo NNP step VB up RP its PRP$ military JJ spending NN to TO ease VB the DT U.S. NNP security NN burden NN in IN the DT region NN . . 
32 The DT issue NN is VBZ further RBR complicated JJ by IN uncertainty NN over IN the DT future NN of IN the DT U.S. NNP 's POS leases NNS on IN military JJ bases NNS in IN the DT Philippines NNPS and CC by IN a DT possible JJ U.S. NNP troop NN reduction NN in IN South NNP Korea NNP . . 
14 Many JJ Asians NNPS regard VBP a DT U.S. NNP presence NN as IN a DT desirable JJ counterweight NN to TO Japanese JJ influence NN . . 
20 `` `` No DT one NN wants VBZ the DT U.S. NNP to TO pick VB up RP its PRP$ marbles NNS and CC go VB home RB , , '' '' Mr. NNP Hormats NNP says VBZ . . 
28 For IN their PRP$ part NN , , Taiwan NNP and CC South NNP Korea NNP are VBP expected VBN to TO step VB up RP their PRP$ own JJ investments NNS in IN the DT next JJ decade NN to TO try VB to TO slow VB the DT Japanese JJ juggernaut NN . . 
31 `` `` They PRP do VBP n't RB want VB Japan NNP to TO monopolize VB the DT region NN and CC sew VB it PRP up RP , , '' '' says VBZ Chong-sik NNP Lee NNP , , professor NN of IN East JJ Asian JJ politics NNS at IN the DT University NNP of IN Pennsylvania NNP . . 
8 Cathryn NNP Rice NNP could MD hardly RB believe VB her PRP$ eyes NNS . . 
28 While IN giving VBG the DT Comprehensive JJ Test NN of IN Basic JJ Skills NNS to TO ninth JJ graders NNS at IN Greenville NNP High NNP School NNP last JJ March NNP 16 CD , , she PRP spotted VBD a DT student NN looking VBG at IN crib JJ sheets NNS . . 
12 She PRP had VBD seen VBN cheating NN before RB , , but CC these DT notes NNS were VBD uncanny JJ . . 
15 `` `` A DT stockbroker NN is VBZ an DT example NN of IN a DT profession NN in IN trade NN and CC finance NN ... : . . 
14 At IN the DT end NN of IN World NNP War NNP II NNP , , Germany NNP surrendered VBD before IN Japan NNP ... : . . 
21 The DT Senate-House JJ conference NN committee NN is VBZ used VBN when WRB a DT bill NN is VBZ passed VBN by IN the DT House NNP and CC Senate NNP in IN different JJ forms NNS . . '' '' 
23 Virtually RB word NN for IN word NN , , the DT notes NNS matched VBD questions NNS and CC answers NNS on IN the DT social-studies NN section NN of IN the DT test NN the DT student NN was VBD taking VBG . . 
19 In IN fact NN , , the DT student NN had VBD the DT answers NNS to TO almost RB all DT of IN the DT 40 CD questions NNS in IN that DT section NN . . 
12 The DT student NN surrendered VBD the DT notes NNS , , but CC not RB without IN a DT protest NN . . 
21 `` `` My PRP$ teacher NN said VBD it PRP was VBD OK UH for IN me PRP to TO use VB the DT notes NNS on IN the DT test NN , , '' '' he PRP said VBD . . 
24 The DT teacher NN in IN question NN was VBD Nancy NNP Yeargin NNP -- : considered VBN by IN many JJ students NNS and CC parents NNS to TO be VB one CD of IN the DT best JJS at IN the DT school NN . . 
23 Confronted VBN , , Mrs. NNP Yeargin NNP admitted VBD she PRP had VBD given VBN the DT questions NNS and CC answers VBZ two CD days NNS before IN the DT examination NN to TO two CD low-ability JJ geography NN classes NNS . . 
19 She PRP had VBD gone VBN so RB far RB as IN to TO display VB the DT questions NNS on IN an DT overhead JJ projector NN and CC underline VB the DT answers NNS . . 
22 Mrs. NNP Yeargin NNP was VBD fired VBN and CC prosecuted VBN under IN an DT unusual JJ South NNP Carolina NNP law NN that WDT makes VBZ it PRP a DT crime NN to TO breach VB test NN security NN . . 
13 In IN September NNP , , she PRP pleaded VBD guilty JJ and CC paid VBD a DT $ $ 500 CD fine NN . . 
8 Her PRP$ alternative NN was VBD 90 CD days NNS in IN jail NN . . 
9 Her PRP$ story NN is VBZ partly RB one NN of IN personal JJ downfall NN . . 
20 She PRP was VBD an DT unstinting JJ teacher NN who WP won VBD laurels NNS and CC inspired VBD students NNS , , but CC she PRP will MD probably RB never RB teach VB again RB . . 
68 In IN her PRP$ wake NN she PRP left VBD the DT bitterness NN and CC anger NN of IN a DT principal NN who WP was VBD her PRP$ friend NN and CC now RB calls VBZ her PRP a DT betrayer NN ; : of IN colleagues NNS who WP say VBP she PRP brought VBD them PRP shame NN ; : of IN students NNS and CC parents NNS who WP defended VBD her PRP and CC insist VBP she PRP was VBD treated VBN harshly RB ; : and CC of IN school-district NN officials NNS stunned JJ that IN despite IN the DT bald-faced JJ nature NN of IN her PRP$ actions NNS , , she PRP became VBD something NN of IN a DT local JJ martyr NN . . 
33 Mrs. NNP Yeargin NNP 's POS case NN also RB casts VBZ some DT light NN on IN the DT dark JJ side NN of IN school NN reform NN , , where WRB pressures NNS on IN teachers NNS are VBP growing VBG and CC where WRB high-stakes JJ testing NN has VBZ enhanced VBN the DT temptation NN to TO cheat VB . . 
18 The DT 1987 CD statute NN Mrs. NNP Yeargin NNP violated VBD was VBD designed VBN to TO enforce VB provisions NNS of IN South NNP Carolina NNP 's POS school-improvement JJ laws NNS . . 
24 Prosecutors NNS alleged VBD that IN she PRP was VBD trying VBG to TO bolster VB students NNS ' POS scores NNS to TO win VB a DT bonus NN under IN the DT state NN 's POS 1984 CD Education NNP Improvement NNP Act NNP . . 
12 The DT bonus NN depended VBD on IN her PRP$ ability NN to TO produce VB higher JJR student-test JJ scores NNS . . 
30 `` `` There EX is VBZ incredible JJ pressure NN on IN school NN systems NNS and CC teachers NNS to TO raise VB test NN scores NNS , , '' '' says VBZ Walt NNP Haney NNP , , an DT education NN professor NN and CC testing NN specialist NN at IN Boston NNP College NNP . . 
14 `` `` So RB efforts NNS to TO beat VB the DT tests NNS are VBP also RB on IN the DT rise NN . . '' '' 
20 And CC most RBS disturbing JJ , , it PRP is VBZ educators NNS , , not RB students NNS , , who WP are VBP blamed VBN for IN much RB of IN the DT wrongdoing NN . . 
33 A DT 50-state JJ study NN released VBN in IN September NNP by IN Friends NNPS for IN Education NNP , , an DT Albuquerque NNP , , N.M. NNP , , school-research JJ group NN , , concluded VBD that IN `` `` outright JJ cheating NN by IN American JJ educators NNS '' '' is VBZ `` `` common JJ . . '' '' 
29 The DT group NN says VBZ standardized JJ achievement NN test NN scores NNS are VBP greatly RB inflated VBN because IN teachers NNS often RB `` `` teach VBP the DT test NN '' '' as IN Mrs. NNP Yeargin NNP did VBD , , although IN most JJS are VBP never RB caught VBN . . 
16 Evidence NN of IN widespread JJ cheating NN has VBZ surfaced VBN in IN several JJ states NNS in IN the DT last JJ year NN or CC so RB . . 
24 California NNP 's POS education NN department NN suspects VBZ adult NN responsibility NN for IN erasures NNS at IN 40 CD schools NNS that WDT changed VBD wrong JJ answers NNS to TO right JJ ones NNS on IN a DT statewide JJ test NN . . 
17 After IN numerous JJ occurrences NNS of IN questionable JJ teacher NN help NN to TO students NNS , , Texas NNP is VBZ revising VBG its PRP$ security NN practices NNS . . 
11 And CC sales NNS of IN test-coaching JJ booklets NNS for IN classroom NN instruction NN are VBP booming VBG . . 
30 These DT materials NNS , , including VBG Macmillan\/McGraw-Hill NNP School NNP Publishing NNP Co. NNP 's POS Scoring NNP High NNP and CC Learning NNP Materials NNPS -- : are VBP nothing NN short JJ of IN sophisticated JJ crib NN sheets NNS , , according VBG to TO some DT recent JJ academic JJ research NN . . 
35 By IN using VBG them PRP , , teachers NNS -- : with IN administrative JJ blessing NN -- : telegraph VBP to TO students NNS beforehand RB the DT precise JJ areas NNS on IN which WDT a DT test NN will MD concentrate VB , , and CC sometimes RB give VB away RP a DT few JJ exact JJ questions NNS and CC answers NNS . . 
21 Use NN of IN Scoring NNP High NNP is VBZ widespread JJ in IN South NNP Carolina NNP and CC common JJ in IN Greenville NNP County NNP , , Mrs. NNP Yeargin NNP 's POS school NN district NN . . 
22 Experts NNS say VBP there EX is VBZ n't RB another DT state NN in IN the DT country NN where WRB tests NNS mean VBP as RB much JJ as IN they PRP do VBP in IN South NNP Carolina NNP . . 
32 Under IN the DT state NN 's POS Education NNP Improvement NNP Act NNP , , low JJ test NN scores NNS can MD block VB students NNS ' POS promotions NNS or CC force VB entire JJ districts NNS into IN wrenching JJ , , state-supervised JJ `` `` interventions NNS '' '' that WDT can MD mean VB firings NNS . . 
34 High JJ test NN scores NNS , , on IN the DT other JJ hand NN , , bring VB recognition NN and CC extra JJ money NN -- : a IN new JJ computer NN lab NN for IN a DT school NN , , grants NNS for IN special JJ projects NNS , , a DT bonus NN for IN the DT superintendent NN . . 
9 And CC South NNP Carolina NNP says VBZ it PRP is VBZ getting VBG results NNS . . 
53 Since IN the DT reforms NNS went VBD in IN place NN , , for IN example NN , , no DT state NN has VBZ posted VBN a DT higher JJR rate NN of IN improvement NN on IN the DT Scholastic NNP Aptitude NNP Test NNP than IN South NNP Carolina NNP , , although IN the DT state NN still RB posts VBZ the DT lowest JJS average JJ score NN of IN the DT about IN 21 CD states NNS who WP use VBP the DT SAT NNP as IN the DT primary JJ college NN entrance NN examination NN . . 
16 Critics NNS say VBP South NNP Carolina NNP is VBZ paying VBG a DT price NN by IN stressing VBG improved VBN test NN scores NNS so RB much RB . . 
19 Friends NNPS of IN Education NNP rates VBZ South NNP Carolina NNP one CD of IN the DT worst JJS seven CD states NNS in IN its PRP$ study NN on IN academic JJ cheating NN . . 
42 Says VBZ the DT organization NN 's POS founder NN , , John NNP Cannell NNP , , prosecuting VBG Mrs. NNP Yeargin NNP is VBZ `` `` a DT way NN for IN administrators NNS to TO protect VB themselves PRP and CC look VB like IN they PRP take VBP cheating NN seriously RB , , when WRB in IN fact NN they PRP do VBP n't RB take VB it PRP seriously RB at IN all DT . . '' '' 
34 Paul NNP Sandifer NNP , , director NN of IN testing NN for IN the DT South NNP Carolina NNP department NN of IN education NN , , says VBZ Mr. NNP Cannell NNP 's POS allegations NNS of IN cheating NN `` `` are VBP purely RB without IN foundation NN , , '' '' and CC based VBN on IN unfair JJ inferences NNS . . 
26 Partly RB because IN of IN worries NNS about IN potential JJ abuse NN , , however RB , , he PRP says VBZ the DT state NN will MD begin VB keeping VBG closer JJR track NN of IN achievement-test NN preparation NN booklets NNS next JJ spring NN . . 
13 South NNP Carolina NNP 's POS reforms NNS were VBD designed VBN for IN schools NNS like IN Greenville NNP High NNP School NNP . . 
47 Standing VBG on IN a DT shaded JJ hill NN in IN a DT run-down JJ area NN of IN this DT old JJ textile NN city NN , , the DT school NN has VBZ educated VBN many JJ of IN South NNP Carolina NNP 's POS best JJS and CC brightest JJS , , including VBG the DT state NN 's POS last JJ two CD governors NNS , , Nobel NNP Prize NNP winning JJ physicist NN Charles NNP Townes NNP and CC actress NN Joanne NNP Woodward NNP . . 
19 But CC by IN the DT early JJ 1980s NN , , its PRP$ glory NN had VBD faded VBN like IN the DT yellow JJ bricks NNS of IN its PRP$ broad JJ facade NN . . 
23 `` `` It PRP was VBD full JJ of IN violence NN and CC gangs NNS and CC kids NNS cutting VBG class NN , , '' '' says VBZ Linda NNP Ward NNP , , the DT school NN 's POS principal NN . . 
20 `` `` Crime NN was VBD awful JJ , , test NN scores NNS were VBD low JJ , , and CC there EX was VBD no DT enrollment NN in IN honors NNS programs NNS . . '' '' 
17 Mrs. NNP Ward NNP took VBD over RP in IN 1986 CD , , becoming VBG the DT school NN 's POS seventh JJ principal NN in IN 15 CD years NNS . . 
8 Her PRP$ immediate JJ predecessor NN suffered VBD a DT nervous JJ breakdown NN . . 
19 Prior RB to TO his PRP$ term NN , , a DT teacher NN bled VBD to TO death NN in IN the DT halls NNS , , stabbed VBN by IN a DT student NN . . 
48 Academically RB , , Mrs. NNP Ward NNP says VBZ , , the DT school NN was VBD having VBG trouble NN serving VBG in IN harmony NN its PRP$ two CD disparate JJ , , and CC evenly RB split JJ , , student NN groups NNS : : a DT privileged JJ white JJ elite NN from IN old JJ monied JJ neighborhoods NNS and CC blacks NNS , , many JJ of IN them PRP poor JJ , , from IN run-down JJ , , inner JJ city NN neighborhoods NNS . . 
30 Mrs. NNP Ward NNP resolved VBD to TO clean VB out RP `` `` deadwood NN '' '' in IN the DT school NN 's POS faculty NN and CC restore VB safety NN , , and CC she PRP also RB had VBD some DT new JJ factors NNS working VBG in IN her PRP$ behalf NN . . 
22 One CD was VBD statewide JJ school NN reform NN , , which WDT raised VBD overall JJ educational JJ funding NN and CC ushered VBD in RP a DT new JJ public JJ spirit NN for IN school NN betterment NN . . 
24 Another DT was VBD Nancy NNP Yeargin NNP , , who WP came VBD to TO Greenville NNP in IN 1985 CD , , full JJ of IN the DT energy NN and CC ambitions NNS that IN reformers NNS wanted VBD to TO reward VB . . 
26 `` `` Being VBG a DT teacher NN just RB became VBD my PRP$ life NN , , '' '' says VBZ the DT 37-year-old JJ Mrs. NNP Yeargin NNP , , a DT teacher NN for IN 12 CD years NNS before IN her PRP$ dismissal NN . . `` `` 
8 I PRP loved VBD the DT school NN , , its PRP$ history NN . . 
15 I PRP even RB dreamt VBD about IN school NN and CC new JJ things NNS to TO do VB with IN my PRP$ students NNS . . '' '' 
25 While IN Mrs. NNP Ward NNP fired VBD and CC restructured VBD staff NN and CC struggled VBD to TO improve VB curriculum NN , , Mrs. NNP Yeargin NNP worked VBD 14-hour JJ days NNS and CC fast RB became VBD a DT student NN favorite JJ . . 
17 In IN 1986-87 CD and CC 1987-88 CD , , she PRP applied VBD for IN and CC won VBD bonus NN pay NN under IN the DT reform NN law NN . . 
34 Encouraged JJ by IN Mrs. NNP Ward NNP , , Mrs. NNP Yeargin NNP taught VBD honor NN students NNS in IN the DT state NN `` `` teacher NN cadet NN '' '' program NN , , a DT reform NN creation NN designed VBN to TO encourage VB good JJ students NNS to TO consider VB teaching NN as IN a DT career NN . . 
44 She PRP won VBD grant NN money NN for IN the DT school NN , , advised VBD cheerleaders NNS , , ran VBD the DT pep NN club NN , , proposed VBD and CC taught VBD a DT new JJ `` `` Cultural JJ Literacy NN '' '' class NN in IN Western JJ Civilization NN and CC was VBD chosen VBN by IN the DT school NN PTA NNP as IN `` `` Teacher NN of IN the DT Year NN . . '' '' 
37 `` `` She PRP was VBD an DT inspirational JJ lady NN ; : she PRP had VBD it PRP all RB together RB , , '' '' says VBZ Laura NNP Dobson NNP , , a DT freshman NN at IN the DT University NNP of IN South NNP Carolina NNP who WP had VBD Mrs. NNP Yeargin NNP in IN the DT teacher-cadet JJ class NN last JJ year NN . . 
21 She PRP says VBZ that IN because IN of IN Mrs. NNP Yeargin NNP she PRP gave VBD up RP ambitions NNS in IN architecture NN and CC is VBZ studying VBG to TO become VB a DT teacher NN . . 
20 Mary NNP Beth NNP Marchand NNP , , a DT Greenville NNP 11th JJ grader NN , , also RB says VBZ Mrs. NNP Yeargin NNP inspired VBD her PRP to TO go VB into IN education NN . . 
26 `` `` She PRP taught VBD us PRP more JJR in IN Western JJ Civilization NN than IN I PRP 've VBP ever RB learned VBN in IN other JJ classes NNS , , '' '' says VBZ Kelli NNP Green NNP , , a DT Greenville NNP senior NN . . 
31 In IN the DT classroom NN , , students NNS say VBP , , Mrs. NNP Yeargin NNP distinguished VBD herself PRP by IN varying VBG teaching NN approaches NNS -- : forcing JJ kids NNS to TO pair VB up RP to TO complete VB classroom NN work NN or CC using VBG college-bowl NN type NN competitions NNS . . 
23 On IN weekends NNS , , she PRP came VBD to TO work VB to TO prepare VB study NN plans NNS or CC sometimes RB , , even RB to TO polish VB the DT furniture NN in IN her PRP$ classroom NN . . 
18 `` `` She PRP just RB never RB gave VBD it PRP up RP , , '' '' says VBZ Mary NNP Marchand NNP , , Mary NNP Beth NNP 's POS mother NN . . 
16 `` `` You PRP 'd MD see VB her PRP correcting VBG homework NN in IN the DT stands NNS at IN a DT football NN game NN . . '' '' 
17 Some DT fellow JJ teachers NNS , , however RB , , viewed VBD Mrs. NNP Yeargin NNP as IN cocky JJ and CC too RB yielding JJ to TO students NNS . . 
15 Mrs. NNP Ward NNP says VBZ she PRP often RB defended VBD her PRP to TO colleagues NNS who WP called VBD her PRP a DT grandstander NN . . 
5 Pressures NNS began VBD to TO build VB . . 
9 Friends NNS told VBD her PRP she PRP was VBD pushing VBG too RB hard RB . . 
20 Because IN of IN deteriorating VBG hearing NN , , she PRP told VBD colleagues NNS she PRP feared VBD she PRP might MD not RB be VB able JJ to TO teach VB much RB longer RBR . . 
18 Mrs. NNP Yeargin NNP 's POS extra JJ work NN was VBD also RB helping VBG her PRP earn VB points NNS in IN the DT state NN 's POS incentive-bonus NN program NN . . 
13 But CC the DT most RBS important JJ source NN of IN points NNS was VBD student NN improvement NN on IN tests NNS . . 
32 Huge JJ gains NNS by IN her PRP$ students NNS in IN 1987 CD and CC 1988 CD meant VBD a DT total NN of IN $ $ 5,000 CD in IN bonuses NNS over IN two CD years NNS -- : a JJ meaningful JJ addition NN to TO her PRP$ annual JJ salary NN of IN $ $ 23,000 CD . . 
18 Winning VBG a DT bonus NN for IN a DT third JJ year NN was VBD n't RB that RB important JJ to TO her PRP , , Mrs. NNP Yeargin NNP insists VBZ . . 
23 But CC others NNS at IN Greenville NNP High NNP say VB she PRP was VBD eager JJ to TO win VB -- : if JJ not RB for IN money NN , , then RB for IN pride NN and CC recognition NN . . 
33 Mary NNP Elizabeth NNP Ariail NNP , , another DT social-studies NN teacher NN , , says VBZ she PRP believed VBD Mrs. NNP Yeargin NNP wanted VBD to TO keep VB her PRP standing NN high RB so IN she PRP could MD get VB a DT new JJ job NN that WDT would MD n't RB demand VB good JJ hearing NN . . 
17 Indeed RB , , Mrs. NNP Yeargin NNP was VBD interested JJ in IN a DT possible JJ job NN with IN the DT state NN teacher NN cadet NN program NN . . 
35 Last JJ March NNP , , after IN attending VBG a DT teaching NN seminar NN in IN Washington NNP , , Mrs. NNP Yeargin NNP says VBZ she PRP returned VBD to TO Greenville NNP two CD days NNS before IN annual JJ testing NN feeling VBG that IN she PRP had VBD n't RB prepared VBN her PRP$ low-ability JJ geography NN students NNS adequately RB . . 
29 When WRB test NN booklets NNS were VBD passed VBN out RB 48 CD hours NNS ahead RB of IN time NN , , she PRP says VBZ she PRP copied VBD questions NNS in IN the DT social JJ studies NNS section NN and CC gave VBD the DT answers NNS to TO students NNS . . 
15 Mrs. NNP Yeargin NNP admits VBZ she PRP made VBD a DT big JJ mistake NN but CC insists VBZ her PRP$ motives NNS were VBD correct JJ . . 
17 `` `` I PRP was VBD trying VBG to TO help VB kids NNS in IN an DT unfair JJ testing NN situation NN , , '' '' she PRP says VBZ . . 
11 `` `` Only RB five CD of IN the DT 40 CD questions NNS were VBD geography NN questions NNS . . 
15 The DT rest NN were VBD history NN , , sociology NN , , finance NN -- : subjects NNS they PRP never RB had VBD . . '' '' 
35 Mrs. NNP Yeargin NNP says VBZ that IN she PRP also RB wanted VBD to TO help VB lift VB Greenville NNP High NNP School NNP 's POS overall JJ test NN scores NNS , , usually RB near IN the DT bottom NN of IN 14 CD district NN high JJ schools NNS in IN rankings NNS carried VBN annually RB by IN local JJ newspapers NNS . . 
26 Mostly RB , , she PRP says VBZ , , she PRP wanted VBD to TO prevent VB the DT damage NN to TO self-esteem NN that IN her PRP$ low-ability JJ students NNS would MD suffer VB from IN doing VBG badly RB on IN the DT test NN . . 
11 `` `` These DT kids NNS broke VBD my PRP$ heart NN , , '' '' she PRP says VBZ . . 
15 `` `` A DT whole JJ day NN goes VBZ by RB and CC no DT one NN even RB knows VBZ they PRP 're VBP alive JJ . . 
15 They PRP desperately RB needed VBD somebody NN who WP showed VBD they PRP cared VBD for IN them PRP , , who WP loved VBD them PRP . . 
11 The DT last JJ thing NN they PRP needed VBD was VBD another DT drag-down JJ blow NN . . '' '' 
10 School NNP officials NNS and CC prosecutors NNS say VB Mrs. NNP Yeargin NNP is VBZ lying VBG . . 
35 They PRP found VBD students NNS in IN an DT advanced JJ class NN a DT year NN earlier RB who WP said VBD she PRP gave VBD them PRP similar JJ help NN , , although IN because IN the DT case NN was VBD n't RB tried VBN in IN court NN , , this DT evidence NN was VBD never RB presented VBN publicly RB . . 
41 `` `` That DT pretty RB much RB defeats VBZ any DT inkling NN that IN she PRP was VBD out RP to TO help VB the DT poor JJ underprivileged JJ child NN , , '' '' says VBZ Joe NNP Watson NNP , , the DT prosecutor NN in IN the DT case NN , , who WP is VBZ also RB president NN of IN Greenville NNP High NNP School NNP 's POS alumni NNS association NN . . 
25 Mrs. NNP Yeargin NNP concedes VBZ that IN she PRP went VBD over RB the DT questions NNS in IN the DT earlier JJR class NN , , adding VBG : : `` `` I PRP wanted VBD to TO help VB all DT '' '' students NNS . . 
17 Mr. NNP Watson NNP says VBZ Mrs. NNP Yeargin NNP never RB complained VBD to TO school NN officials NNS that IN the DT standardized JJ test NN was VBD unfair JJ . . 
14 `` `` Do VBP I PRP have VB much JJ sympathy NN for IN her PRP ? . '' '' Mr. NNP Watson NNP asks VBZ . . 
4 `` `` Not RB really RB . . 
6 I PRP believe VBP in IN the DT system NN . . 
12 I PRP believe VBP you PRP have VBP to TO use VB the DT system NN to TO change VB it PRP . . 
14 What WP she PRP did VBD was VBD like IN taking VBG the DT law NN into IN your PRP$ own JJ hands NNS . . '' '' 
24 Mrs. NNP Ward NNP says VBZ that IN when WRB the DT cheating NN was VBD discovered VBN , , she PRP wanted VBD to TO avoid VB the DT morale-damaging JJ public JJ disclosure NN that IN a DT trial NN would MD bring VB . . 
19 She PRP says VBZ she PRP offered VBD Mrs. NNP Yeargin NNP a DT quiet JJ resignation NN and CC thought VBD she PRP could MD help VB save VB her PRP teaching NN certificate NN . . 
4 Mrs. NNP Yeargin NNP declined VBD . . 
18 `` `` She PRP said VBD something NN like IN ` `` You PRP just RB want VBP to TO make VB it PRP easy JJ for IN the DT school NN . . ' '' 
9 I PRP was VBD dumbfounded JJ , , '' '' Mrs. NNP Ward NNP recalls VBZ . . 
13 `` `` It PRP was VBD like IN someone NN had VBD turned VBN a DT knife NN in IN me PRP . . '' '' 
32 To TO the DT astonishment NN and CC dismay NN of IN her PRP$ superiors NNS and CC legal JJ authorities NNS -- : and JJ perhaps RB as IN a DT measure NN of IN the DT unpopularity NN of IN standardized JJ tests NNS -- : Mrs NNP . . Yeargin NNP won VBD widespread JJ local JJ support NN . . 
24 The DT school-board NN hearing NN at IN which WDT she PRP was VBD dismissed VBN was VBD crowded VBN with IN students NNS , , teachers NNS and CC parents NNS who WP came VBD to TO testify VB on IN her PRP$ behalf NN . . 
21 Supportive JJ callers NNS decried VBD unfair JJ testing NN , , not RB Mrs. NNP Yeargin NNP , , on IN a DT local JJ radio NN talk NN show NN on IN which WDT she PRP appeared VBD . . 
25 The DT show NN did VBD n't RB give VB the DT particulars NNS of IN Mrs. NNP Yeargin NNP 's POS offense NN , , saying VBG only RB that IN she PRP helped VBD students NNS do VB better RBR on IN the DT test NN . . 
42 `` `` The DT message NN to TO the DT board NN of IN education NN out IN of IN all PDT this DT is VBZ we PRP 've VBP got VBN to TO take VB a DT serious JJ look NN at IN how WRB we PRP 're VBP doing VBG our PRP$ curriculum NN and CC our PRP$ testing NN policies NNS in IN this DT state NN , , '' '' said VBD the DT talk-show NN host NN . . 
24 Editorials NNS in IN the DT Greenville NNP newspaper NN allowed VBD that IN Mrs. NNP Yeargin NNP was VBD wrong JJ , , but CC also RB said VBD the DT case NN showed VBD how WRB testing NN was VBD being VBG overused VBN . . 
12 The DT radio NN show NN `` `` enraged VBD us PRP , , '' '' says VBZ Mrs. NNP Ward NNP . . 
36 Partly RB because IN of IN the DT show NN , , Mr. NNP Watson NNP says VBZ , , the DT district NN decided VBD not RB to TO recommend VB Mrs. NNP Yeargin NNP for IN a DT first-time JJ offenders NNS program NN that WDT could MD have VB expunged VBN the DT charges NNS and CC the DT conviction NN from IN her PRP$ record NN . . 
13 And CC legal JJ authorities NNS cranked VBD up RP an DT investigation NN worthy JJ of IN a DT murder NN case NN . . 
10 Over IN 50 CD witnesses NNS , , mostly RB students NNS , , were VBD interviewed VBN . . 
19 At IN Greenville NNP High NNP School NNP , , meanwhile RB , , some DT students NNS -- : especially RB on IN the DT cheerleading NN squad NN -- : were VBD crushed JJ . . 
22 `` `` It PRP 's VBZ hard JJ to TO explain VB to TO a DT 17-year-old JJ why WRB someone NN they PRP like VBP had VBD to TO go VB , , '' '' says VBZ Mrs. NNP Ward NNP . . 
20 Soon RB , , T-shirts NNS appeared VBD in IN the DT corridors NNS that WDT carried VBD the DT school NN 's POS familiar JJ red-and-white JJ GHS NNP logo NN on IN the DT front NN . . 
16 On IN the DT back NN , , the DT shirts NNS read VBD , , `` `` We PRP have VBP all PDT the DT answers NNS . . '' '' 
8 Many JJ colleagues NNS are VBP angry JJ at IN Mrs. NNP Yeargin NNP . . 
20 `` `` She PRP did VBD a DT lot NN of IN harm NN , , '' '' says VBZ Cathryn NNP Rice NNP , , who WP had VBD discovered VBN the DT crib NN notes NNS . . 
27 `` `` We PRP work VBP damn RB hard RB at IN what WP we PRP do VBP for IN damn RB little JJ pay NN , , and CC what WP she PRP did VBD cast VBN unfair JJ aspersions NNS on IN all DT of IN us PRP . . '' '' 
23 But CC several JJ teachers NNS also RB say VBP the DT incident NN casts VBZ doubt NN on IN the DT wisdom NN of IN evaluating VBG teachers NNS or CC schools NNS by IN using VBG standardized JJ test NN scores NNS . . 
21 Says VBZ Gayle NNP Key NNP , , a DT mathematics NN teacher NN , , `` `` The DT incentive NN pay NN thing NN has VBZ opened VBN up RP a DT can NN of IN worms NNS . . 
10 There EX may MD be VB others NNS doing VBG what WP she PRP did VBD . . '' '' 
28 Mrs. NNP Yeargin NNP says VBZ she PRP pleaded VBD guilty JJ because IN she PRP realized VBD it PRP would MD no RB longer RBR be VB possible JJ to TO win VB reinstatement NN , , and CC because IN she PRP was VBD afraid JJ of IN further JJ charges NNS . . 
9 Mrs. NNP Ward NNP , , for IN one CD , , was VBD relieved JJ . . 
34 Despite IN the DT strong JJ evidence NN against IN Mrs. NNP Yeargin NNP , , popular JJ sentiment NN was VBD so RB strong JJ in IN her PRP$ favor NN , , Mrs. NNP Ward NNP says VBZ , , that IN `` `` I PRP 'm VBP afraid JJ a DT jury NN would MD n't RB have VB convicted VBN her PRP . . 
18 Since IN chalk NN first RB touched VBD slate NN , , schoolchildren NN have VBP wanted VBN to TO know VB : : What WP 's VBZ on IN the DT test NN ? . 
28 These DT days NNS , , students NNS can MD often RB find VB the DT answer NN in IN test-coaching JJ workbooks NNS and CC worksheets NNS their PRP$ teachers NNS give VBP them PRP in IN the DT weeks NNS prior RB to TO taking VBG standardized JJ achievement NN tests NNS . . 
26 The DT mathematics NN section NN of IN the DT widely RB used JJ California NNP Achievement NNP Test NNP asks VBZ fifth JJ graders NNS : : `` `` What WP is VBZ another DT name NN for IN the DT Roman JJ numeral NN IX CD ? . '' '' 
10 It PRP also RB asks VBZ them PRP to TO add VB two-sevenths NNS and CC three-sevenths NNS . . 
26 Worksheets NNS in IN a DT test-practice JJ kit NN called VBN Learning NNP Materials NNPS , , sold VBN to TO schools NNS across IN the DT country NN by IN Macmillan\/McGraw-Hill NNP School NNP Publishing NNP Co. NNP , , contain VBP the DT same JJ questions NNS . . 
18 In IN many JJ other JJ instances NNS , , there EX is VBZ almost RB no DT difference NN between IN the DT real JJ test NN and CC Learning NNP Materials NNPS . . 
36 What WP 's VBZ more JJR , , the DT test NN and CC Learning NNP Materials NNPS are VBP both DT produced VBN by IN the DT same JJ company NN , , Macmillan\/McGraw-Hill NNP , , a DT joint JJ venture NN of IN McGraw-Hill NNP Inc. NNP and CC Macmillan NNP 's POS parent NN , , Britain NNP 's POS Maxwell NNP Communication NNP Corp NNP . . 
16 Close JJ parallels NNS between IN tests NNS and CC practice NN tests NNS are VBP common JJ , , some DT educators NNS and CC researchers NNS say VBP . . 
12 Test-preparation JJ booklets NNS , , software NN and CC worksheets NNS are VBP a DT booming VBG publishing VBG subindustry NN . . 
22 But CC some DT practice NN products NNS are VBP so RB similar JJ to TO the DT tests NNS themselves PRP that IN critics NNS say VBP they PRP represent VBP a DT form NN of IN school-sponsored JJ cheating NN . . 
49 `` `` If IN I PRP took VBD -LCB- -LRB- these DT preparation NN booklets NNS -RCB- -RRB- into IN my PRP$ classroom NN , , I PRP 'd MD have VB a DT hard JJ time NN justifying VBG to TO my PRP$ students NNS and CC parents NNS that IN it PRP was VBD n't RB cheating NN , , '' '' says VBZ John NNP Kaminski NNP , , a DT Traverse NNP City NNP , , Mich. NNP , , teacher NN who WP has VBZ studied VBN test NN coaching NN . . 
23 He PRP and CC other JJ critics NNS say VBP such JJ coaching NN aids NNS can MD defeat VB the DT purpose NN of IN standardized JJ tests NNS , , which WDT is VBZ to TO gauge VB learning NN progress NN . . 
67 `` `` It PRP 's VBZ as IN if IN France NNP decided VBD to TO give VB only JJ French JJ history NN questions NNS to TO students NNS in IN a DT European JJ history NN class NN , , and CC when WRB everybody NN aces VBZ the DT test NN , , they PRP say VBP their PRP$ kids NNS are VBP good JJ in IN European JJ history NN , , '' '' says VBZ John NNP Cannell NNP , , an DT Albuquerque NNP , , N.M. NNP , , psychiatrist NN and CC founder NN of IN an DT educational JJ research NN organization NN , , Friends NNPS for IN Education NNP , , which WDT has VBZ studied VBN standardized JJ testing NN . . 
23 Standardized JJ achievement NN tests NNS are VBP given VBN about IN 10 CD million CD times NNS a DT year NN across IN the DT country NN to TO students NNS generally RB from IN kindergarten NN through IN eighth JJ grade NN . . 
44 The DT most RBS widely RB used JJ of IN these DT tests NNS are VBP Macmillan\/McGraw NNP 's POS CAT NNP and CC Comprehensive NNP Test NN of IN Basic JJ Skills NNS ; : the DT Iowa NNP Test NN of IN Basic JJ Skills NNS , , by IN Houghton NNP Mifflin NNP Co. NNP ; : and CC Harcourt NNP Brace NNP Jovanovich NNP Inc. NNP 's POS Metropolitan NNP Achievement NNP Test NNP and CC Stanford NNP Achievement NNP Test NNP . . 
18 Sales NNS figures NNS of IN the DT test-prep JJ materials NNS are VBP n't RB known JJ , , but CC their PRP$ reach NN into IN schools NNS is VBZ significant JJ . . 
27 In IN Arizona NNP , , California NNP , , Florida NNP , , Louisiana NNP , , Maryland NNP , , New NNP Jersey NNP , , South NNP Carolina NNP and CC Texas NNP , , educators NNS say VBP they PRP are VBP common JJ classroom NN tools NNS . . 
33 Macmillan\/McGraw NN says VBZ `` `` well RB over IN 10 CD million CD '' '' of IN its PRP$ Scoring NNP High NNP test-preparation JJ books NNS have VBP been VBN sold VBN since IN their PRP$ introduction NN 10 CD years NNS ago RB , , with IN most JJS sales NNS in IN the DT last JJ five CD years NNS . . 
19 About IN 20,000 CD sets NNS of IN Learning NNP Materials NNPS teachers NNS ' POS binders NNS have VBP also RB been VBN sold VBN in IN the DT past JJ four CD years NNS . . 
10 The DT materials NNS in IN each DT set NN reach VBP about IN 90 CD students NNS . . 
11 Scoring NNP High NNP and CC Learning NNP Materials NNPS are VBP the DT best-selling JJS preparation NN tests NNS . . 
28 Michael NNP Kean NNP , , director NN of IN marketing NN for IN CTB NNP Macmillan\/McGraw NNP , , the DT Macmillan\/McGraw NNP division NN that WDT publishes VBZ Learning NNP Materials NNPS , , says VBZ it PRP is VBZ n't RB aimed VBN at IN improving VBG test NN scores NNS . . 
10 He PRP also RB asserted VBD that IN exact JJ questions NNS were VBD n't RB replicated VBN . . 
14 When WRB referred VBN to TO the DT questions NNS that WDT matched VBN , , he PRP said VBD it PRP was VBD coincidental JJ . . 
49 Mr. NNP Kaminski NNP , , the DT schoolteacher NN , , and CC William NNP Mehrens NNP , , a DT Michigan NNP State NNP University NNP education NN professor NN , , concluded VBD in IN a DT study NN last JJ June NNP that IN CAT NNP test NN versions NNS of IN Scoring NNP High NNP and CC Learning NNP Materials NNPS should MD n't RB be VB used VBN in IN the DT classroom NN because IN of IN their PRP$ similarity NN to TO the DT actual JJ test NN . . 
30 They PRP devised VBD a DT 69-point JJ scale NN -- : awarding VBG one CD point NN for IN each DT subskill NN measured VBN on IN the DT CAT NNP test NN -- : to TO rate VB the DT closeness NN of IN test NN preparatives NNS to TO the DT fifth-grade NN CAT NNP . . 
65 Because IN many JJ of IN these DT subskills NNS -- : the JJ symmetry NN of IN geometrical JJ figures NNS , , metric JJ measurement NN of IN volume NN , , or CC pie NN and CC bar NN graphs NNS , , for IN example NN -- : are NN only RB a DT small JJ part NN of IN the DT total JJ fifth-grade NN curriculum NN , , Mr. NNP Kaminski NNP says VBZ , , the DT preparation NN kits NNS would MD n't RB replicate VB too RB many JJ , , if IN their PRP$ real JJ intent NN was VBD general JJ instruction NN or CC even RB general JJ familiarization NN with IN test NN procedures NNS . . 
10 But CC Learning NNP Materials NNPS matched VBD on IN 66.5 CD of IN 69 CD subskills NNS . . 
6 Scoring NNP High NNP matched VBD on IN 64.5 CD . . 
42 In IN CAT NNP sections NNS where WRB students NNS ' POS knowledge NN of IN two-letter JJ consonant JJ sounds NNS is VBZ tested VBN , , the DT authors NNS noted VBD that IN Scoring NNP High NNP concentrated VBD on IN the DT same JJ sounds NNS that IN the DT test NN does VBZ -- : to IN the DT exclusion NN of IN other JJ sounds NNS that IN fifth JJ graders NNS should MD know VB . . 
21 Learning NNP Materials NNPS for IN the DT fifth-grade NN contains VBZ at IN least JJS a DT dozen NN examples NNS of IN exact JJ matches NNS or CC close JJ parallels NNS to TO test NN items NNS . . 
32 Rick NNP Brownell NNP , , senior JJ editor NN of IN Scoring NNP High NNP , , says VBZ that IN Messrs. NNPS Kaminski NNP and CC Mehrens NNP are VBP ignoring VBG `` `` the DT need NN students NNS have VBP for IN becoming VBG familiar JJ with IN tests NNS and CC testing NN format NN . . '' '' 
25 He PRP said VBD authors NNS of IN Scoring NNP High NNP `` `` scrupulously RB avoid VBP '' '' replicating VBG exact JJ questions NNS , , but CC he PRP does VBZ n't RB deny VB that IN some DT items NNS are VBP similar JJ . . 
17 When WRB Scoring NNP High NNP first RB came VBD out RB in IN 1979 CD , , it PRP was VBD a DT publication NN of IN Random NNP House NNP . . 
4 McGraw-Hill NNP was VBD outraged JJ . . 
30 In IN a DT 1985 CD advisory NN to TO educators NNS , , McGraw-Hill NNP said VBD Scoring NNP High NNP should MD n't RB be VB used VBN because IN it PRP represented VBD a DT `` `` parallel JJ form NN '' '' of IN the DT CAT NNP and CC CTBS NNP tests NNS . . 
22 But CC in IN 1988 CD , , McGraw-Hill NNP purchased VBD the DT Random NNP House NNP unit NN that WDT publishes VBZ Scoring NNP High NNP , , which WDT later RBR became VBD part NN of IN Macmillan\/McGraw NNP . . 
20 Messrs. NNPS Brownell NNP and CC Kean NNP say VBP they PRP are VBP unaware JJ of IN any DT efforts NNS by IN McGraw-Hill NNP to TO modify VB or CC discontinue VB Scoring NNP High NNP . . 
26 Alleghany NNP Corp. NNP said VBD it PRP completed VBD the DT acquisition NN of IN Sacramento NNP Savings NNPS & CC Loan NNP Association NNP from IN the DT H.N. NNP & CC Frances NNP C. NNP Berger NNP Foundation NNP for IN $ $ 150 CD million CD . . 
26 The DT Sacramento-based JJ S&L NN , , which WDT has VBZ 44 CD branch NN offices NNS in IN north JJ central JJ California NNP , , had VBD assets NNS of IN $ $ 2.4 CD billion CD at IN the DT end NN of IN September NNP . . 
11 New NNP York-based JJ Alleghany NNP is VBZ an DT insurance NN and CC financial JJ services NNS concern NN . . 
8 The DT purchase NN price NN includes VBZ two CD ancillary JJ companies NNS . . 
21 The DT Department NNP of IN Health NNP and CC Human NNP Services NNPS plans VBZ to TO extend VB its PRP$ moratorium NN on IN federal JJ funding NN of IN research NN involving VBG fetal-tissue JJ transplants NNS . . 
32 Medical JJ researchers NNS believe VBP the DT transplantation NN of IN small JJ amounts NNS of IN fetal JJ tissue NN into IN humans NNS could MD help VB treat VB juvenile JJ diabetes NN and CC such JJ degenerative JJ diseases NNS as IN Alzheimer NNP 's POS , , Parkinson NNP 's POS and CC Huntington NNP 's POS . . 
24 But CC anti-abortionists NNS oppose VBP such JJ research NN because IN they PRP worry VBP that IN the DT development NN of IN therapies NNS using VBG fetal-tissue JJ transplants NNS could MD lead VB to TO an DT increase NN in IN abortions NNS . . 
25 James NNP Mason NNP , , assistant NN secretary NN for IN health NN , , said VBD the DT ban NN on IN federal JJ funding NN of IN fetal-tissue JJ transplant NN research NN `` `` should MD be VB continued VBN indefinitely RB . . '' '' 
22 He PRP said VBD the DT ban NN wo MD n't RB stop VB privately RB funded VBN tissue-transplant JJ research NN or CC federally RB funded VBN fetal-tissue JJ research NN that WDT does VBZ n't RB involve VB transplants NNS . . 
37 Department NN officials NNS say VBP that IN HHS NNP Secretary NNP Louis NNP Sullivan NNP will MD support VB Dr. NNP Mason NNP 's POS ruling NN , , which WDT will MD be VB issued VBN soon RB in IN the DT form NN of IN a DT letter NN to TO the DT acting JJ director NN of IN the DT National NNP Institutes NNPS of IN Health NNP . . 
28 Both DT Dr. NNP Mason NNP and CC Dr. NNP Sullivan NNP oppose VBP federal JJ funding NN for IN abortion NN , , as IN does VBZ President NNP Bush NNP , , except IN in IN cases NNS where WRB a DT woman NN 's POS life NN is VBZ threatened VBN . . 
45 The DT controversy NN began VBD in IN 1987 CD when WRB the DT National NNP Institutes NNPS of IN Health NNP , , aware JJ of IN the DT policy NN implications NNS of IN its PRP$ research NN , , asked VBD for IN an DT HHS NNP review NN of IN its PRP$ plan NN to TO implant VB fetal JJ tissue NN into IN the DT brain NN of IN a DT patient NN suffering NN from IN Parkinson NNPS 's POS disease NN . . 
20 The DT department NN placed VBD a DT moratorium NN on IN the DT research NN , , pending VBG a DT review NN of IN scientific JJ , , legal JJ and CC ethical JJ issues NNS . . 
35 A DT majority NN of IN an DT NIH-appointed JJ panel NN recommended VBD late RB last JJ year NN that IN the DT research NN continue VB under IN carefully RB controlled JJ conditions NNS , , but CC the DT issue NN became VBD embroiled VBN in IN politics NNS as IN anti-abortion JJ groups NNS continued VBD to TO oppose VB federal JJ funding NN . . 
29 The DT dispute NN has VBZ hampered VBN the DT administration NN 's POS efforts NNS to TO recruit VB prominent JJ doctors NNS to TO fill VB prestigious JJ posts NNS at IN the DT helm NN of IN the DT NIH NNP and CC the DT Centers NNPS for IN Disease NNP Control NNP . . 
22 Several JJ candidates NNS have VBP withdrawn VBN their PRP$ names NNS from IN consideration NN after IN administration NN officials NNS asked VBD them PRP for IN their PRP$ views NNS on IN abortion NN and CC fetal-tissue JJ transplants NNS . . 
23 Antonio NNP Novello NNP , , whom WP Mr. NNP Bush NNP nominated VBD to TO serve VB as IN surgeon NN general NN , , reportedly RB has VBZ assured VBN the DT administration NN that IN she PRP opposes VBZ abortion NN . . 
16 Dr. NNP Novello NNP is VBZ deputy NN director NN of IN the DT National NNP Institute NNP of IN Child NNP Health NNP and CC Human NNP Development NNP . . 
17 Some DT researchers NNS have VBP charged VBN that IN the DT administration NN is VBZ imposing VBG new JJ ideological JJ tests NNS for IN top JJ scientific JJ posts NNS . . 
38 Earlier JJR this DT week NN , , Dr. NNP Sullivan NNP tried VBD to TO defuse VB these DT charges NNS by IN stressing VBG that IN candidates NNS to TO head VB the DT NIH NNP and CC the DT CDC NNP will MD be VB judged VBN by IN `` `` standards NNS of IN scientific JJ and CC administrative JJ excellence NN , , '' '' not RB politics NNS . . 
14 But CC the DT administration NN 's POS handling NN of IN the DT fetal-tissue JJ transplant NN issue NN disturbs VBZ many JJ scientists NNS . . 
37 `` `` When WRB scientific JJ progress NN moves VBZ into IN uncharted JJ ground NN , , there EX has VBZ to TO be VB a DT role NN for IN society NN to TO make VB judgments NNS about IN its PRP$ applications NNS , , '' '' says VBZ Myron NNP Genel NNP , , associate NN dean NN of IN the DT Yale NNP Medical NNP School NNP . . 
28 `` `` The DT disturbing JJ thing NN about IN this DT abortion NN issue NN is VBZ that IN the DT debate NN has VBZ become VBN polarized VBN , , so IN that IN no DT mechanism NN exists VBZ '' '' for IN finding VBG a DT middle JJ ground NN . . 
16 Yale NNP is VBZ one CD of IN the DT few JJ medical JJ institutions NNS conducting VBG privately RB funded JJ research NN on IN fetal-tissue JJ transplants NNS . . 
14 But CC Dr. NNP Genel NNP warns VBZ that IN Dr. NNP Mason NNP 's POS ruling NN may MD discourage VB private JJ funding NN . . 
38 `` `` The DT unavailability NN of IN federal JJ funds NNS , , and CC the DT climate NN in IN which WDT the DT decision NN was VBD made VBN , , certainly RB do VBP n't RB provide VB any DT incentive NN for IN one CD of IN the DT more RBR visible JJ foundations NNS to TO provide VB support NN , , '' '' he PRP said VBD . . 
21 Despite IN the DT flap NN over IN transplants NNS , , federal JJ funding NN of IN research NN involving VBG fetal JJ tissues NNS will MD continue VB on IN a DT number NN of IN fronts NNS . . 
45 `` `` Such JJ research NN may MD ultimately RB result VB in IN the DT ability NN to TO regenerate VB damaged JJ tissues NNS or CC to TO turn VB off RP genes NNS that WDT cause VBP cancer NN '' '' or CC to TO regulate VB genes NNS that WDT cause VBP Down NNP 's POS syndrome NN , , the DT leading VBG cause NN of IN mental JJ retardation NN , , according VBG to TO an DT NIH NNP summary NN . . 
23 The DT NIH NNP currently RB spends VBZ about IN $ $ 8 CD million CD annually RB on IN fetal-tissue JJ research NN out IN of IN a DT total JJ research NN budget NN of IN $ $ 8 CD billion CD . . 
30 Rekindled VBN hope NN that IN two CD New NNP England NNP states NNS will MD allow VB broader JJR interstate JJ banking NN boosted VBD Nasdaq NNP 's POS bank NN stocks NNS , , but CC the DT over-the-counter JJ market NN was VBD up RB only RB slightly RB in IN lackluster JJ trading NN . . 
16 The DT Nasdaq NNP composite JJ index NN added VBD 1.01 CD to TO 456.64 CD on IN paltry JJ volume NN of IN 118.6 CD million CD shares NNS . . 
13 In IN terms NNS of IN volume NN , , it PRP was VBD an DT inauspicious JJ beginning NN for IN November NNP . . 
16 Yesterday NN 's POS share NN turnover NN was VBD well RB below IN the DT year NN 's POS daily JJ average NN of IN 133.8 CD million CD . . 
20 In IN October NNP , , the DT busiest JJS month NN of IN the DT year NN so RB far JJ , , daily JJ volume NN averaged VBD roughly RB 145 CD million CD shares NNS . . 
14 The DT Nasdaq NNP 100 CD index NN of IN the DT biggest JJS nonfinancial JJ stocks NNS gained VBD 1.39 CD to TO 446.62 CD . . 
19 The DT index NN of IN the DT 100 CD largest JJS Nasdaq NNP financial JJ stocks NNS rose VBD modestly RB as IN well RB , , gaining VBG 1.28 CD to TO 449.04 CD . . 
17 But CC the DT broader JJR Nasdaq NNP bank NN index NN , , which WDT tracks VBZ thrift NN issues NNS , , jumped VBD 3.23 CD to TO 436.01 CD . . 
38 The DT bank NN stocks NNS got VBD a DT boost NN when WRB Connecticut NNP Bank NNP & CC Trust NNP and CC Bank NNP of IN New NNP England NNP said VBD they PRP no RB longer RB oppose VBP pending VBG legislation NN that WDT would MD permit VB banks NNS from IN other JJ regions NNS to TO merge VB with IN Connecticut NNP and CC Massachusetts NNP banks NNS . . 
7 The DT two CD banks NNS merged VBD in IN 1985 CD . . 
15 Bank NNP of IN New NNP England NNP 's POS shares NNS are VBP traded VBN on IN the DT New NNP York NNP Stock NNP Exchange NNP . . 
40 The DT stocks NNS of IN banking VBG concerns NNS based VBN in IN Massachusetts NNP were VBD n't RB helped VBN much RB by IN the DT announcement NN , , traders NNS said VBD , , because IN many JJ of IN those DT concerns NNS have VBP financial JJ problems NNS tied VBN to TO their PRP$ real-estate NN loan NN portfolios NNS , , making VBG them PRP unattractive JJ takeover NN targets NNS . . 
27 But CC speculators NNS , , anticipating VBG that IN Connecticut NNP will MD approve VB a DT law NN permitting VBG such JJ interstate JJ banking NN soon RB , , immediately RB bid VBD up RP shares NNS of IN Connecticut NNP banks NNS on IN the DT news NN . . 
36 `` `` A DT lot NN of IN the DT stocks NNS that WDT have VBP been VBN under IN water NN finally RB saw VBD a DT reason NN to TO uptick VB , , '' '' said VBD George NNP Jennison NNP , , head JJ trader NN of IN banking NN issues NNS in IN Shearson NNP Lehman NNP Hutton NNP 's POS OTC NNP department NN . . 
14 The DT biggest JJS beneficiary NN was VBD Northeast NNP Bancorp NNP , , which WDT surged VBD 7 CD 3\/4 CD to TO 69 CD . . 
34 The DT Stamford NNP , , Conn. NNP , , concern NN has VBZ agreed VBN to TO a DT buy-out NN by IN Bank NNP of IN New NNP York NNP in IN a DT transaction NN with IN an DT indicated VBN value NN of IN about IN $ $ 100 CD a DT share NN that WDT expires VBZ next JJ August NNP . . 
28 Ed NNP Macheski NNP , , a DT Wilton NNP , , Conn. NNP , , money NN manager NN who WP follows VBZ bank NN stocks NNS , , said VBD the DT announcement NN effectively RB gives VBZ the DT deal NN `` `` the DT green JJ light NN . . '' '' 
18 Mr. NNP Jennison NNP said VBD Northeast NNP Bancorp NNP also RB fared VBD well RB because IN takeover NN stocks NNS have VBP returned VBN to TO favor VB among IN investors NNS . . 
17 Another DT OTC NNP bank NN stock NN involved VBN in IN a DT buy-out NN deal NN , , First NNP Constitution NNP Financial NNP , , was VBD higher JJR . . 
7 It PRP rose VBD 7\/8 CD to TO 18 CD 1\/4 CD . . 
34 First NNP Constitution NNP has VBZ signed VBN a DT merger NN agreement NN with IN WFRR NNP L.P. NNP and CC GHKM NNP Corp. NNP , , under IN which WDT all DT of IN its PRP$ common JJ shares NNS will MD be VB acquired VBN for IN $ $ 25 CD each DT , , or CC $ $ 273.5 CD million CD . . 
31 Among IN other JJ Connecticut NNP banks NNS whose WP$ shares NNS trade VBP in IN the DT OTC NNP market NN , , Society NNP for IN Savings NNPS Bancorp NNP , , based VBN in IN Hartford NNP , , saw VBD its PRP$ stock NN rise VB 1 CD 3\/4 CD to TO 18 CD 1\/4 CD . . 
24 Centerbank NNP added VBD 5\/8 CD to TO 8 CD 3\/4 CD ; : shares NNS of IN NESB NNP , , a DT New NNP London-based JJ bank NN holding VBG company NN , , rose VBD 5\/8 CD to TO 5 CD 7\/8 CD . . 
23 Among IN other JJ banking NN issues NNS , , Pennview NNP Savings NNPS Association NNP leapt VBD more JJR than IN 44 CD % NN with IN a DT gain NN of IN 6 CD 5\/8 CD to TO 21 CD 5\/8 CD . . 
21 The DT Pennsylvania NNP bank NN agreed VBD to TO be VB acquired VBN in IN a DT merger NN with IN Univest NNP Corp. NNP of IN Pennsylvania NNP for IN $ $ 25.50 CD a DT share NN . . 
41 Valley NNP Federal NNP Savings NNPS & CC Loan NNP , , a DT California NNP thrift NN issue NN , , gained VBD 1 CD to TO 4 CD 1\/4 CD after IN reporting VBG a DT third-quarter JJ loss NN of IN $ $ 70.7 CD million CD after IN an DT $ $ 89.9 CD million CD pretax JJ charge NN mostly RB related JJ to TO its PRP$ mobile JJ home NN financing VBG unit NN . . 
26 Dan NNP E. NNP Nelms NNP , , Valley NNP Federal NNP 's POS president NN and CC chief JJ executive NN officer NN , , said VBD the DT one-time JJ charge NN substantially RB eliminates VBZ future JJ losses NNS associated VBN with IN the DT unit NN . . 
10 He PRP said VBD the DT company NN 's POS core NN business NN remains VBZ strong JJ . . 
29 He PRP also RB said VBD that IN after IN the DT charges NNS , , and CC `` `` assuming VBG no DT dramatic JJ fluctuation NN in IN interest NN rates NNS , , the DT company NN expects VBZ to TO achieve VB near-record JJ earnings NNS in IN 1990 CD . . '' '' 
25 Weisfield NNP 's POS surged VBD 6 CD 3\/4 CD to TO 55 CD 1\/2 CD and CC Ratners NNP Group NNP 's POS American JJ depositary NN receipts NNS , , or CC ADRs NNS , , gained VBD 5\/8 CD to TO 12 CD 1\/4 CD . . 
31 The DT two CD concerns NNS said VBD they PRP entered VBD into IN a DT definitive JJ merger NN agreement NN under IN which WDT Ratners NNP will MD begin VB a DT tender NN offer NN for IN all DT of IN Weisfield NNP 's POS common JJ shares NNS for IN $ $ 57.50 CD each DT . . 
20 Also RB on IN the DT takeover NN front NN , , Jaguar NNP 's POS ADRs NNPS rose VBD 1\/4 CD to TO 13 CD 7\/8 CD on IN turnover NN of IN 4.4 CD million CD . . 
20 Since IN the DT British JJ auto NN maker NN became VBD a DT takeover NN target NN last JJ month NN , , its PRP$ ADRs NNS have VBP jumped VBN about IN 78 CD % NN . . 
23 After IN troubled JJ Heritage NNP Media NNP proposed VBD acquiring VBG POP NNP Radio NNP in IN a DT stock NN swap NN , , POP NNP Radio NNP 's POS shares NNS tumbled VBD 4 CD to TO 14 CD 3\/4 CD . . 
42 Heritage NNP Media NNP , , which WDT already RB owns VBZ about IN 51 CD % NN of IN POP NNP Radio NNP , , proposed VBD paying VBG POP NNP Radio NNP shareholders NNS with IN shares NNS of IN a DT new JJ class NN of IN Heritage NNP Media NNP preferred JJ stock NN that WDT would MD be VB convertible JJ into IN four CD shares NNS of IN Heritage NNP Media NNP 's POS common NN . . 
9 Rally NNP 's POS lost VBN 1 CD 3\/4 CD to TO 21 CD 3\/4 CD . . 
17 The DT restaurant NN operator NN said VBD it PRP has VBZ redeemed VBN its PRP$ rights NNS issued VBN Monday NNP under IN its PRP$ shareholder NN rights NNS plan NN . . 
32 The DT fast-food NN company NN said VBD its PRP$ decision NN was VBD based VBN on IN discussions NNS with IN a DT shareholder NN group NN , , Giant NNP Group NNP Ltd. NNP , , `` `` in IN an DT effort NN to TO resolve VB certain JJ disputes NNS with IN the DT company NN . . '' '' 
51 Giant NNP Group NNP is VBZ led VBN by IN three CD Rally NNP 's POS directors NNS , , Burt NNP Sugarman NNP , , James NNP M. NNP Trotter NNP III NNP and CC William NNP E. NNP Trotter NNP II NNP , , who WP earlier RB this DT month NN indicated VBD they PRP had VBD a DT 42.5 CD % NN stake NN in IN Rally NNP 's POS and CC planned VBD to TO seek VB a DT majority NN of IN seats NNS on IN Rally NNP 's POS nine-member JJ board NN . . 
12 SCI NNP Systems NNP slipped VBD 7\/8 CD to TO 10 CD on IN volume NN of IN 858,000 CD shares NNS . . 
27 The DT Huntsville NNP , , Ala. NNP , , electronic JJ products NNS maker NN said VBD it PRP expects VBZ to TO post VB a DT `` `` significant JJ '' '' loss NN for IN its PRP$ fiscal JJ first JJ quarter NN ended VBN Sept. NNP 30 CD . . 
27 In IN the DT year-earlier JJ period NN , , SCI NNP had VBD net JJ income NN of IN $ $ 4.8 CD million CD , , or CC 23 CD cents NNS a DT share NN , , on IN revenue NN of IN $ $ 225.6 CD million CD . . 
28 The DT Internal NNP Revenue NNP Service NNP has VBZ threatened VBN criminal JJ sanctions NNS against IN lawyers NNS who WP fail VBP to TO report VB detailed JJ information NN about IN clients NNS who WP pay VBP them PRP more JJR than IN $ $ 10,000 CD in IN cash NN . . 
42 The DT warnings NNS , , issued VBN to TO at IN least JJS 100 CD criminal NN defense NN attorneys NNS in IN several JJ major JJ cities NNS in IN the DT last JJ week NN , , have VBP led VBN to TO an DT outcry NN by IN members NNS of IN the DT organized JJ bar NN , , who WP claim VBP the DT information NN is VBZ protected VBN by IN attorney-client JJ privilege NN . . 
51 The DT IRS NNP warnings NNS stem VBP from IN a DT 1984 CD law NN that WDT requires VBZ anyone NN who WP receives VBZ more JJR than IN $ $ 10,000 CD in IN cash NN from IN a DT client NN or CC customer NN in IN one CD or CC more JJR related JJ transactions NNS `` `` in IN the DT course NN of IN trade NN or CC business NN '' '' to TO report VB the DT payment NN on IN a DT document NN known VBN as IN Form NN 8300 CD . . 
28 The DT form NN asks VBZ for IN such JJ details NNS as IN the DT client NN 's POS name NN , , Social NNP Security NNP number NN , , passport NN number NN and CC details NNS about IN the DT services NNS provided VBN for IN the DT payment NN . . 
33 Failure NN to TO complete VB the DT form NN had VBD been VBN punishable JJ as IN a DT misdemeanor NN until IN last JJ November NNP , , when WRB Congress NNP determined VBD that IN the DT crime NN was VBD a DT felony NN punishable JJ by IN up IN to TO 10 CD years NNS in IN prison NN . . 
30 Attorneys NNS have VBP argued VBN since IN 1985 CD , , when WRB the DT law NN took VBD effect NN , , that IN they PRP can MD not RB provide VB information NN about IN clients NNS who WP do VBP n't RB wish VB their PRP$ identities NNS to TO be VB known VBN . . 
17 Many JJ attorneys NNS have VBP returned VBN incomplete JJ forms NNS to TO the DT IRS NNP in IN recent JJ years NNS , , citing VBG attorney-client JJ privilege NN . . 
13 Until IN last JJ week NN , , the DT IRS NNP rarely RB acted VBD on IN the DT incomplete JJ forms NNS . . 
34 `` `` This DT form NN forces VBZ a DT lawyer NN to TO become VB , , in IN effect NN , , a DT witness NN against IN his PRP$ client NN , , '' '' said VBD Neal NNP R. NNP Sonnett NNP , , president NN of IN the DT National NNP Association NNP of IN Criminal NNP Defense NNP Lawyers NNPS . . 
49 `` `` The DT IRS NNP is VBZ asking VBG lawyers NNS to TO red-flag VB a DT criminal JJ problem NN to TO the DT government NN , , '' '' added VBD Mr. NNP Sonnett NNP , , a DT Miami NNP lawyer NN who WP has VBZ heard VBN from IN dozens NNS of IN attorneys NNS who WP received VBD letters NNS in IN recent JJ days NNS and CC has VBZ himself PRP received VBD the DT computer-generated JJ IRS NNP forms NNS sent VBN by IN certified JJ mail NN . . 
21 Mr. NNP Sonnett NNP said VBD that IN clients NNS who WP pay VBP cash NN may MD include VB alleged VBN drug NN dealers NNS who WP do VBP n't RB have VB domestic JJ bank NN accounts NNS . . 
13 These DT individuals NNS may MD not RB necessarily RB be VB under IN investigation NN when WRB they PRP hire VBP lawyers NNS . . 
26 Mr. NNP Sonnett NNP said VBD there EX also RB may MD be VB other JJ circumstances NNS under IN which WDT individuals NNS would MD n't RB want VB the DT government NN to TO know VB they PRP had VBD retained VBN criminal JJ defense NN lawyers NNS . . 
22 Filling VBG out RP detailed JJ forms NNS about IN these DT individuals NNS would MD tip VB the DT IRS NNP off RP and CC spark VB action NN against IN the DT clients NNS , , he PRP said VBD . . 
26 The DT defense NN lawyers NNS ' POS group NN formed VBD a DT task NN force NN this DT week NN , , chaired VBN by IN New NNP York NNP attorney NN Gerald NNP Lefcourt NNP , , to TO deal VB with IN the DT matter NN . . 
19 The DT American NNP Bar NNP Association NNP 's POS House NNP of IN Delegates NNPS passed VBD a DT resolution NN in IN 1985 CD condemning VBG the DT IRS NNP reporting NN requirement NN . . 
56 Michael NNP Ross NNP , , a DT New NNP York NNP lawyer NN who WP heads VBZ the DT ABA NNP 's POS grand JJ jury NN committee NN , , said VBD that IN lawyers NNS are VBP prohibited VBN by IN the DT ABA NNP 's POS code NN of IN ethics NNS from IN disclosing VBG information NN about IN a DT client NN except IN where WRB a DT court NN orders VBZ it PRP or CC to TO prevent VB the DT client NN from IN committing VBG a DT criminal JJ act NN that WDT could MD result VB in IN death NN . . 
31 Mr. NNP Ross NNP said VBD he PRP met VBD with IN officials NNS of IN the DT IRS NNP and CC the DT Justice NNP Department NNP , , which WDT would MD bring VB any DT enforcement NN actions NNS against IN taxpayers NNS , , to TO discuss VB the DT issue NN last JJ May NNP . . 
28 At IN that DT meeting NN , , he PRP said VBD , , the DT Justice NNP Department NNP assured VBD him PRP that IN enforcement NN procedures NNS would MD n't RB be VB threatened VBN against IN attorneys NNS without IN further JJ review NN and CC advance NN notice NN . . 
16 Mr. NNP Ross NNP said VBD IRS NNP officials NNS opposed VBD the DT Justice NNP Department NNP 's POS moderate JJ stance NN on IN the DT matter NN . . 
41 But CC in IN the DT letters NNS sent VBN in IN recent JJ days NNS , , Christopher NNP J. NNP Lezovich NNP of IN the DT IRS NNP computing NN center NN in IN Detroit NNP , , told VBD attorneys NNS that IN `` `` failing VBG to TO voluntarily RB submit VB the DT requested VBN information NN could MD result VB in IN summons NN enforcement NN action NN being VBG initiated VBN . . '' '' 
18 In IN some DT cases NNS , , the DT IRS NNP asked VBD for IN information NN dating VBG back RB to TO forms NNS it PRP received VBD in IN 1985 CD . . 
32 A DT spokesman NN for IN the DT IRS NNP confirmed VBD that IN `` `` there EX has VBZ been VBN correspondence NN mailed VBN about IN incomplete JJ 8300s NNS , , '' '' but CC he PRP declined VBD to TO say VB why WRB the DT letters NNS were VBD sent VBN to TO lawyers NNS now RB . . 
26 Individuals NNS familiar JJ with IN the DT Justice NNP Department NNP 's POS policy NN said VBD that IN Justice JJ officials NNS had VBD n't RB any DT knowledge NN of IN the DT IRS NNP 's POS actions NNS in IN the DT last JJ week NN . . 
22 Lawyers NNS worry VBP that IN if IN they PRP provide VBP information NN about IN clients NNS , , that DT data NN could MD quickly RB end VB up RP in IN the DT hands NNS of IN prosecutors NNS . . 
16 Prosecutors NNS need VBP court NN permission NN to TO obtain VB the DT tax NN returns NNS of IN an DT individual NN or CC a DT business NN . . 
19 But CC they PRP have VBP obtained VBN 8300 JJ forms NNS without IN court NN permission NN and CC used VBD the DT information NN to TO help VB develop VB criminal JJ cases NNS . . 
16 Some DT criminal JJ lawyers NNS speculated VBD that IN the DT IRS NNP was VBD sending VBG the DT letters NNS to TO test VB the DT issue NN . . 
27 In IN a DT number NN of IN recent JJ cases NNS , , federal JJ courts NNS have VBP refused VBN to TO recognize VB attorneys NNS ' POS assertions NNS that IN information NN relating VBG to TO fees NNS from IN clients NNS should MD be VB confidential JJ . . 
10 THE DT WAR NN OVER IN FEDERAL JJ JUDICIAL JJ SALARIES NNS takes VBZ a DT victim NN . . 
25 Often RB , , judges NNS ease VBP into IN more RBR lucrative JJ private JJ practice NN with IN little JJ fanfare NN , , but CC not RB federal JJ Judge NNP Raul NNP A. NN Ramirez NNP in IN Sacramento NNP , , Calif NNP . . 
25 On IN Tuesday NNP , , the DT judge NN called VBD a DT news NN conference NN to TO say VB he PRP was VBD quitting VBG effective JJ Dec. NN 31 CD to TO join VB a DT San NNP Francisco NNP law NN firm NN . . 
14 The DT reason NN : : the DT refusal NN of IN Congress NNP to TO give VB federal JJ judges NNS a DT raise NN . . 
42 `` `` A DT couple NN of IN my PRP$ law NN clerks NNS were VBD going VBG to TO pass VB me PRP in IN three CD or CC four CD years NNS , , and CC I PRP was VBD afraid JJ I PRP was VBD going VBG to TO have VB to TO ask VB them PRP for IN a DT loan NN , , '' '' the DT judge NN quipped VBD in IN an DT interview NN . . 
24 Federal JJ judges NNS make VBP $ $ 89,500 CD annually RB ; : in IN February NNP , , Congress NNP rejected VBD a DT bill NN that WDT would MD have VB increased VBN their PRP$ pay NN by IN 50 CD % NN . . 
17 Judge NNP Ramirez NNP , , 44 CD , , said VBD it PRP is VBZ unjust JJ for IN judges NNS to TO make VB what WP they PRP do VBP . . 
9 `` `` Judges NNS are VBP not RB getting VBG what WP they PRP deserve VBP . . 
15 You PRP look VBP around RP at IN professional JJ ballplayers NNS or CC accountants NNS ... : and CC nobody NN blinks VBZ an DT eye NN . . 
20 When WRB you PRP become VBP a DT federal JJ judge NN , , all DT of IN a DT sudden JJ you PRP are VBP relegated VBN to TO a DT paltry JJ sum NN . . '' '' 
30 At IN his PRP$ new JJ job NN , , as IN partner NN in IN charge NN of IN federal JJ litigation NN in IN the DT Sacramento NNP office NN of IN Orrick NNP , , Herrington NNP & CC Sutcliffe NNP , , he PRP will MD make VB out RP much RB better RBR . . 
24 The DT judge NN declined VBD to TO discuss VB his PRP$ salary NN in IN detail NN , , but CC said VBD : : `` `` I PRP 'm VBP going VBG to TO be VB a DT high-priced JJ lawyer NN . . '' '' 
9 DOONESBURY NNP CREATOR'S NN UNION NN TROUBLES NNS are VBP no DT laughing JJ matter NN . . 
36 Cartoonist NN Garry NNP Trudeau NNP is VBZ suing VBG the DT Writers NNPS Guild NNP of IN America NNP East NNP for IN $ $ 11 CD million CD , , alleging VBG it PRP mounted VBD a DT `` `` campaign NN to TO harass VB and CC punish VB '' '' him PRP for IN crossing VBG a DT screenwriters NNS ' POS picket NN line NN . . 
19 The DT dispute NN involves VBZ Darkhorse NNP Productions NNPS Inc. NNP , , a DT TV NN production NN company NN in IN which WDT Mr. NNP Trudeau NNP is VBZ a DT co-owner NN . . 
26 Mr. NNP Trudeau NNP , , a DT Writers NNPS Guild NNP member NN , , also RB was VBD employed VBN as IN a DT writer NN for IN Darkhorse NNP , , which WDT was VBD covered VBN by IN a DT guild NN collective-bargaining JJ agreement NN . . 
15 The DT guild NN began VBD a DT strike NN against IN the DT TV NN and CC movie NN industry NN in IN March NNP 1988 CD . . 
25 In IN his PRP$ lawsuit NN , , Mr. NNP Trudeau NNP says VBZ the DT strike NN illegally RB included VBD Darkhorse NNP , , and CC the DT cartoonist NN refused VBD to TO honor VB the DT strike NN against IN the DT company NN . . 
15 A DT spokesman NN for IN the DT guild NN said VBD the DT union NN 's POS lawyers NNS are VBP reviewing VBG the DT suit NN . . 
20 He PRP said VBD disciplinary JJ proceedings NNS are VBP confidential JJ and CC declined VBD to TO comment VB on IN whether IN any DT are VBP being VBG held VBN against IN Mr. NNP Trudeau NNP . . 
24 Mr. NNP Trudeau NNP 's POS attorney NN , , Norman NNP K. NNP Samnick NNP , , said VBD the DT harassment NN consists VBZ mainly RB of IN the DT guild NN 's POS year-long JJ threats NNS of IN disciplinary JJ action NN . . 
15 Mr. NNP Samnick NNP said VBD a DT guild NN disciplinary JJ hearing NN is VBZ scheduled VBN next IN Monday NNP in IN New NNP York NNP . . 
27 Mr. NNP Samnick NNP , , who WP will MD go VB before IN the DT disciplinary JJ panel NN , , said VBD the DT proceedings NNS are VBP unfair JJ and CC that IN any DT punishment NN from IN the DT guild NN would MD be VB unjustified JJ . . 
23 In IN addition NN to TO the DT damages NNS , , the DT suit NN seeks VBZ a DT court NN order NN preventing VBG the DT guild NN from IN punishing VBG or CC retaliating VBG against IN Mr. NNP Trudeau NNP . . 
4 ABORTION NN RULING NN UPHELD VBN : : 
27 A DT federal JJ appeals NNS court NN upheld VBD a DT lower JJR court NN ruling NN that IN the DT U.S. NNP can MD bar VB the DT use NN of IN federal JJ funds NNS for IN family-planning JJ programs NNS that WDT include VBP abortion-related JJ services NNS . . 
37 A DT Department NNP of IN Health NNP and CC Human NNP Services NNPS rule NN adopted VBN in IN 1988 CD prohibits VBZ the DT use NN of IN so-called JJ Title NN X NNP funds NNS for IN programs NNS that WDT assist VBP a DT woman NN in IN obtaining VBG an DT abortion NN , , such JJ as IN abortion NN counseling NN and CC referrals NNS . . 
17 The DT rule NN also RB prohibits VBZ funding NN for IN activities NNS that WDT `` `` encourage VBP , , promote VBP or CC advocate VBP abortion NN . . '' '' 
31 Title NN X NNP funds NNS are VBP the DT single JJ largest JJS source NN of IN federal JJ funding NN for IN family-planning JJ services NNS , , according VBG to TO the DT opinion NN by IN the DT Second NNP U.S. NNP Circuit NNP Court NNP of IN Appeals NNPS in IN New NNP York NNP . . 
33 The DT panel NN ruled VBD that IN the DT restrictions NNS do VBP n't RB violate VB the DT freedom NN of IN speech NN of IN health NN care NN providers NNS and CC that IN the DT limits NNS on IN counseling NN services NNS do VBP n't RB violate VB the DT rights NNS of IN pregnant JJ women NNS . . 
13 INQUIRY NN CLEARS VBZ TEXAS NNP JUDGE NN of IN bias NN in IN comments NNS on IN homosexual JJ murder NN victims NNS . . 
44 Dallas NNP District NNP Judge NNP Jack NNP Hampton NNP had VBD sparked VBN calls NNS for IN a DT judicial JJ inquiry NN with IN his PRP$ remarks NNS to TO the DT press NN last JJ December NNP , , two CD weeks NNS after IN sentencing VBG an DT 18-year-old JJ defendant NN to TO 30 CD years NNS in IN state NN prison NN for IN killing VBG two CD homosexual JJ men NNS in IN a DT city NN park NN . . 
36 The DT judge NN was VBD quoted VBN as IN referring VBG to TO the DT victims NNS as IN `` `` queers NNS '' '' and CC saying VBG they PRP would MD n't RB have VB been VBN killed VBN `` `` if IN they PRP had VBD n't RB been VBN cruising VBG the DT streets NNS picking VBG up RP teenage JJ boys NNS . . '' '' 
44 But CC Robert NNP R. NNP Murray NNP , , a DT special JJ master NN appointed VBN by IN the DT Texas NNP Supreme NNP Court NNP , , said VBD Judge NNP Hampton NNP did VBD n't RB breach VB any DT judicial JJ standards NNS of IN fairness NN , , although IN he PRP did VBD violate VB the DT state NN 's POS judicial JJ code NN by IN commenting VBG publicly RB on IN a DT pending VBG case NN . . 
36 Observing VBG that IN the DT judge NN `` `` has VBZ never RB exhibited VBN any DT bias NN or CC prejudice NN , , '' '' Mr. NNP Murray NNP concluded VBD that IN he PRP `` `` would MD be VB impartial JJ in IN any DT case NN involving VBG a DT homosexual NN or CC prostitute NN '' '' as IN a DT victim NN . . 
19 Mr. NNP Murray NNP also RB said VBD Judge NNP Hampton NNP 's POS comments NNS did VBD n't RB discredit VB the DT judiciary NN or CC the DT administration NN of IN justice NN . . 
21 The DT report NN is VBZ subject JJ to TO review VB by IN the DT State NNP Commission NNP on IN Judicial NNP Conduct NNP , , which WDT is VBZ empowered VBN to TO impose VB sanctions NNS . . 
7 GAF NNP TRIAL NN goes VBZ to TO round NN three CD . . 
25 Attorneys NNS in IN the DT third JJ stock-manipulation JJ trial NN of IN GAF NNP Corp. NNP began VBD opening VBG arguments NNS yesterday NN in IN the DT Manhattan NNP courtroom NN of IN U.S. NNP District NNP Judge NNP Mary NNP Johnson NNP Lowe NNP . . 
56 In IN an DT eight-count JJ indictment NN , , the DT government NN has VBZ charged VBN GAF NNP , , a DT Wayne NNP , , N.J. NNP , , specialty NN chemical NN maker NN , , and CC its PRP$ Vice NNP Chairman NNP James NNP T. NNP Sherwin NNP with IN attempting VBG to TO manipulate VB the DT common JJ stock NN of IN Union NNP Carbide NNP Corp. NNP in IN advance NN of IN GAF NNP 's POS planned JJ sale NN of IN a DT large JJ block NN of IN the DT stock NN in IN November NNP 1986 CD . . 
12 The DT first JJ two CD GAF NNP trials NNS ended VBD in IN mistrials NNS earlier RBR this DT year NN . . 
9 This DT trial NN is VBZ expected VBN to TO last VB five CD weeks NNS . . 
5 SWITCHING VBG TO TO THE DT DEFENSE NN : : 
22 A DT former JJ member NN of IN the DT prosecution NN team NN in IN the DT Iran\/Contra NNP affair NN joined VBD the DT Chicago NNP firm NN of IN Mayer NNP , , Brown NNP & CC Platt NNP . . 
36 Michael NNP R. NNP Bromwich NNP , , a DT member NN since IN January NNP 1987 CD of IN the DT three-lawyer JJ trial NN team NN in IN the DT prosecution NN of IN Oliver NNP North NNP , , became VBD a DT partner NN in IN the DT Washington NNP , , D.C. NNP , , office NN of IN the DT 520-lawyer JJ firm NN . . 
9 He PRP will MD specialize VB in IN white-collar JJ criminal NN defense NN work NN . . 
35 Mr. NNP Bromwich NNP , , 35 CD , , also RB has VBZ served VBN as IN deputy NN chief NN and CC chief NN of IN the DT narcotics NNS unit NN for IN the DT U.S. NNP attorney NN 's POS office NN for IN the DT Southern NNP District NNP of IN New NNP York NNP , , based VBN in IN Manhattan NNP . . 
28 Cooper NNP Tire NNP & SYM Rubber NNP Co. NNP said VBD it PRP has VBZ reached VBN an DT agreement NN in IN principle NN to TO buy VB buildings NNS and CC related JJ property NN in IN Albany NNP , , Ga. NNP , , from IN Bridgestone\/Firestone NNP Inc NNP . . 
5 Terms NNS were VBD n't RB disclosed VBN . . 
25 The DT tire NN maker NN said VBD the DT buildings NNS consist VBP of IN 1.8 CD million CD square JJ feet NNS of IN office NN , , manufacturing NN and CC warehousing NN space NN on IN 353 CD acres NNS of IN land NN . . 
44 Fujitsu NNP Ltd. NNP 's POS top JJ executive NN took VBD the DT unusual JJ step NN of IN publicly RB apologizing VBG for IN his PRP$ company NN 's POS making VBG bids NNS of IN just RB one CD yen NN for IN several JJ local JJ government NN projects NNS , , while IN computer NN rival NN NEC NNP Corp. NNP made VBD a DT written VBN apology NN for IN indulging VBG in IN the DT same JJ practice NN . . 
27 Meanwhile RB , , business NN and CC government NN leaders NNS rebuked VBD the DT computer NN makers NNS , , and CC fretted VBD about IN the DT broader JJR statement NN the DT companies NNS ' POS actions NNS make VBP about IN Japanese JJ cutthroat JJ pricing NN . . 
23 Fujitsu NNP said VBD it PRP bid VBD the DT equivalent NN of IN less JJR than IN a DT U.S. NNP penny NN on IN three CD separate JJ municipal JJ contracts NNS during IN the DT past JJ two CD years NNS . . 
22 The DT company NN also RB disclosed VBD that IN during IN that DT period NN it PRP offered VBD 10,000 CD yen NNS , , or CC about RB $ $ 70 CD , , for IN another DT contract NN . . 
14 But CC Fujitsu NNP , , Japan NNP 's POS No. NN 1 CD computer NN maker NN , , is VBZ n't RB alone RB . . 
22 NEC NNP , , one CD of IN its PRP$ largest JJS domestic JJ competitors NNS , , said VBD it PRP bid VBD one CD yen NN in IN two CD separate JJ public JJ auctions NNS since IN 1987 CD . . 
22 In IN both DT cases NNS , , NEC NNP lost VBD the DT contract NN to TO Fujitsu NNP , , which WDT made VBD the DT same JJ bid NN and CC won VBD a DT tie-breaking JJ lottery NN . . 
14 All DT the DT contracts NNS were VBD for IN computer-system-design JJ contracts NNS and CC involved VBD no DT hardware NN or CC software NN . . 
31 The DT Ministry NNP of IN International NNP Trade NNP and CC Industry NNP summoned VBD executives NNS from IN the DT companies NNS to TO `` `` make VB sure JJ they PRP understood VBD '' '' the DT concern NN about IN such JJ practices NNS , , according VBG to TO a DT government NN spokesman NN . . 
22 `` `` These DT cases NNS lead VBP to TO the DT loss NN of IN the DT firms NNS ' POS social JJ and CC international JJ credibility NN , , '' '' a DT ministry NN statement NN said VBD . . 
18 Japan NNP 's POS Fair NNP Trade NNP Commission NNP has VBZ said VBD it PRP is VBZ considering VBG investigating VBG the DT bids NNS for IN possible JJ antitrust-law JJ violations NNS . . 
38 `` `` We PRP would MD like VB to TO apologize VB for IN having VBG caused VBN huge JJ trouble NN , , '' '' Fujitsu NNP President NNP Takuma NNP Yamamoto NNP , , read VBD from IN a DT prepared VBN statement NN as IN he PRP stood VBD before IN a DT packed JJ news NN conference NN at IN his PRP$ company NN 's POS downtown NN headquarters NN . . 
14 The DT bids NNS , , he PRP added VBD , , were VBD `` `` contrary JJ to TO common JJ sense NN . . '' '' 
32 NEC NNP released VBD a DT statement NN saying VBG , , `` `` We PRP feel VBP sorry JJ for IN having VBG caused VBN trouble NN to TO society NN , , '' '' a DT form NN of IN apology NN common JJ in IN Japan NNP for IN companies NNS caught VBN in IN embarrassing JJ situations NNS . . 
21 Japanese JJ companies NNS have VBP long RB had VBD a DT reputation NN for IN sacrificing VBG short-term JJ profits NNS to TO make VB a DT sale NN that WDT may MD have VB long-term JJ benefits NNS . . 
34 But CC the DT growing VBG controversy NN comes VBZ as IN many JJ practices NNS historically RB accepted VBN as IN normal JJ here RB -- : such JJ as IN politicians NNS accepting VBG substantial JJ gifts NNS from IN businessmen NNS or CC having VBG extramarital JJ affairs NNS -- : are IN coming VBG under IN close JJ ethical JJ scrutiny NN . . 
13 The DT fire NN is VBZ also RB fueled VBN by IN growing JJ international JJ interest NN in IN Japanese JJ behavior NN . . 
13 So RB far RB there EX have VBP been VBN no DT public JJ overseas JJ complaints NNS about IN the DT issue NN . . 
28 But CC in IN one CD of IN the DT auctions NNS in IN question NN , , International NNP Business NNP Machines NNP Corp. NNP made VBD a DT bid NN substantially RB higher JJR than IN the DT Fujitsu NNP offer NN , , according VBG to TO the DT municipality NN . . 
14 The DT low-ball JJ bids NNS touch VBP on IN issues NNS central JJ to TO the DT increasingly RB tense JJ trade NN debate NN . . 
22 Foreigners NNS complain VBP that IN they PRP have VBP limited JJ access NN to TO government NN procurement NN in IN Japan NNP , , in IN part NN because IN Japanese JJ companies NNS unfairly RB undercut VBP them PRP . . 
25 The DT U.S. NNP government NN in IN recent JJ years NNS has VBZ accused VBN Japanese JJ companies NNS of IN excessively RB slashing VBG prices NNS on IN semiconductors NNS and CC supercomputers NNS -- : products NNS Fujitsu NNP and CC NEC NNP make VBP . . 
23 Asked VBD whether IN the DT bidding NN flap NN would MD hurt VB U.S.-Japan JJ relations NNS , , Mr. NNP Yamamoto NNP said VBD , , `` `` this DT will MD be VB a DT minus NN factor NN . . '' '' 
33 The DT `` `` one-yen JJ '' '' controversy NN first RB came VBD to TO a DT head NN last JJ week NN when WRB the DT city NN of IN Hiroshima NNP announced VBD that IN Fujitsu NNP won VBD a DT contract NN to TO design VB a DT computer NN system NN to TO map VB its PRP$ waterworks NN . . 
25 The DT city NN had VBD expected VBN to TO pay VB about RB 11 CD million CD yen NNS -LRB- -LRB- $ $ 77,000 CD -RRB- -RRB- , , but CC Fujitsu NNP essentially RB offered VBD to TO do VB it PRP for IN free RB . . 
22 Then RB Wednesday NNP , , Fujitsu NNP said VBD it PRP made VBD a DT similar JJ bid NN to TO win VB a DT library NN contract NN in IN Nagano NNP prefecture NN two CD weeks NNS earlier RBR . . 
39 It PRP also RB said VBD that IN in IN July NNP , , it PRP bid VBD 10,000 CD yen NNS to TO design VB a DT system NN for IN the DT Saitama NNP prefectural JJ library NN , , and CC two CD years NNS ago RB , , it PRP bid VBD one CD yen NN to TO plan VB the DT telecommunications NNS system NN for IN Wakayama NNP prefecture NN . . 
15 The DT company NN said VBD it PRP has VBZ offered VBN to TO withdraw VB its PRP$ bids NNS in IN Hiroshima NNP and CC Nagano NNP . . 
21 The DT municipalities NNS said VBD they PRP have VBP n't RB decided VBN whether IN to TO try VB to TO force VB the DT company NN to TO go VB through RP with IN the DT contracts NNS . . 
19 Fujitsu NNP and CC NEC NNP said VBD they PRP were VBD still RB investigating VBG , , and CC that IN knowledge NN of IN more JJR such JJ bids NNS could MD emerge VB . . 
25 Mr. NNP Yamamoto NNP insisted VBD that IN headquarters NNS had VBD n't RB approved VBN the DT bids NNS , , and CC that IN he PRP did VBD n't RB know VB about IN most JJS of IN the DT cases NNS until IN Wednesday NNP . . 
15 Other JJ major JJ Japanese JJ computer NN companies NNS contacted VBN yesterday NN said VBD they PRP have VBP never RBR made VBN such JJ bids NNS . . 
25 `` `` One CD yen NN is VBZ not RB ethical JJ , , '' '' Michio NNP Sasaki NNP , , an DT official NN at IN Keidanren NNP , , the DT Japan NNP Federation NNP of IN Economic NNP Organizations NNP , , said VBD . . 
14 `` `` Profit NN may MD be VB low JJ , , but CC at IN least JJS costs NNS should MD be VB covered VBN . . 
2 PAPERS NNS : : 
23 Backe NNP Group NNP Inc. NNP agreed VBD to TO acquire VB Atlantic NNP Publications NNP Inc. NNP , , which WDT has VBZ 30 CD community NN papers NNS and CC annual JJ sales NNS of IN $ $ 7 CD million CD . . 
5 Terms NNS were VBD n't RB disclosed VBN . . 
16 Backe NNP is VBZ a DT closely RB held VBN media NNS firm NN run VBN by IN former JJ CBS NNP Inc. NNP President NNP John NNP Backe NNP . . 
2 TV NN : : 
35 Price NNP Communications NNP Corp. NNP completed VBD the DT sale NN of IN four CD of IN its PRP$ TV NN stations NNS to TO NTG NNP Inc. NNP for IN $ $ 120 CD million CD in IN cash NN and CC notes NNS , , retaining VBG a DT 10 CD % NN equity NN stake NN in IN the DT new JJ concern NN . . 
11 NTG NNP was VBD formed VBN by IN Osborn NNP Communications NNP Corp. NNP and CC Desai NNP Capital NNP . . 
33 Michaels NNP Stores NNP Inc. NNP , , which WDT owns VBZ and CC operates VBZ a DT chain NN of IN specialty NN retail NN stores NNS , , said VBD October NNP sales NNS rose VBD 14.6 CD % NN to TO $ $ 32.8 CD million CD from IN $ $ 28.6 CD million CD a DT year NN earlier RBR . . 
20 Sales NNS in IN stores NNS open JJ more JJR than IN one CD year NN rose VBD 3 CD % NN to TO $ $ 29.3 CD million CD from IN $ $ 28.4 CD million CD . . 
28 Furukawa NNP Co. NNP of IN Japan NNP said VBD it PRP will MD acquire VB two CD construction NN machinery NN plants NNS and CC a DT sales NNS unit NN in IN France NNP formerly RB belonging VBG to TO Dresser NNP Industries NNP Inc. NNP of IN the DT U.S. NNP . . 
16 The DT company NN said VBD it PRP made VBD the DT purchase NN in IN order NN to TO locally RB produce VB hydraulically RB operated VBN shovels NNS . . 
20 Last JJ October NNP , , the DT company NN also RB bought VBD a DT wheel-loader JJ manufacturing NN plant NN in IN Heidelberg NNP , , West NNP Germany NNP , , from IN Dresser NNP . . 
23 Furukawa NNP said VBD the DT purchase NN of IN the DT French JJ and CC German JJ plants NNS together RB will MD total VB about RB 40 CD billion CD yen NNS -LRB- -LRB- $ $ 280 CD million CD -RRB- -RRB- . . 
27 Structural NNP Dynamics NNP Research NNP Corp. NNP , , which WDT makes VBZ computer-aided JJ engineering NN software NN , , said VBD it PRP introduced VBD new JJ technology NN in IN mechanical JJ design NN automation NN that WDT will MD improve VB mechanical JJ engineering NN productivity NN . . 
1 @ IN 
5 Money NNP Market NNP Deposits-a NNP 6.21 CD % NN 
25 a LS - : Average JJ rate NN paid VBN yesterday NN by IN 100 CD large JJ banks NNS and CC thrifts NNS in IN the DT 10 CD largest JJS metropolitan JJ areas NNS as IN compiled VBN by IN Bank NNP Rate NNP Monitor NNP . . 
6 b LS - : Current JJ annual JJ yield NN . . 
5 Guaranteed VBN minimum NN 6 CD % NN . . 
28 LSI NNP Logic NNP Corp. NNP reported VBD a DT surprise NN $ $ 35.7 CD million CD third-quarter JJ net JJ loss NN , , including VBG a DT special JJ restructuring NN charge NN that WDT reflects VBZ a DT continuing VBG industry-wide JJ slowdown NN in IN semiconductor NN demand NN . . 
31 In IN September NNP , , the DT custom-chip JJ maker NN said VBD excess JJ capacity NN and CC lagging VBG billings NNS would MD result VB in IN an DT estimated VBN $ $ 2 CD million CD to TO $ $ 3 CD million CD net JJ loss NN for IN the DT third JJ quarter NN . . 
47 But CC company NN officials NNS said VBD yesterday NN that IN they PRP decided VBD to TO take VB a DT $ $ 43 CD million CD pretax JJ charge NN for IN the DT period NN to TO cover VB a DT restructuring NN of IN world-wide JJ manufacturing NN operations NNS , , citing VBG extended JJ weakness NN in IN the DT market NN as RB well RB as IN a DT decision NN to TO switch VB to TO more JJR economical JJ production NN techniques NNS . . 
38 `` `` Over IN the DT summer NN months NNS , , there EX has VBZ been VBN a DT slowing NN in IN the DT rate NN of IN new JJ orders NNS from IN the DT computer NN sector NN , , our PRP$ primary JJ market NN , , '' '' said VBD Wilfred NNP J. NNP Corrigan NNP , , chairman NN and CC chief JJ executive JJ officer NN . . 
20 `` `` In IN addition NN , , recent JJ industry NN forecasts NNS for IN 1990 CD indicate VBP a DT slow JJ environment NN , , at IN least JJS until IN midyear NN . . '' '' 
25 As IN a DT result NN , , the DT company NN said VBD it PRP decided VBD to TO phase VB out RP its PRP$ oldest JJS capacity NN and CC `` `` make VB appropriate JJ reductions NNS '' '' in IN operating NN expenses NNS . . 
12 The DT $ $ 35.7 CD million CD net JJ loss NN equals VBZ 86 CD cents NNS a DT share NN . . 
27 Not RB counting VBG the DT extraordinary JJ charge NN , , the DT company NN said VBD it PRP would MD have VB had VBD a DT net JJ loss NN of IN $ $ 3.1 CD million CD , , or CC seven CD cents NNS a DT share NN . . 
18 A DT year NN earlier RBR , , it PRP had VBD profit NN of IN $ $ 7.5 CD million CD , , or CC 18 CD cents NNS a DT share NN . . 
13 Revenue NN rose VBD 42 CD % NN to TO $ $ 133.7 CD million CD from IN $ $ 94 CD million CD . . 
20 The DT charge NN partly RB reflects VBZ a DT switch NN from IN older JJR five-inch JJ to TO more-efficient JJ six-inch JJ silicon NN wafers NNS with IN which WDT to TO fabricate VB chips NNS . . 
25 Related VBN to TO that DT decision NN , , the DT company NN said VBD it PRP was VBD converting VBG its PRP$ Santa NNP Clara NNP , , Calif. NNP , , factory NN to TO a DT research NN and CC development NN facility NN . . 
11 A DT spokesman NN declined VBD to TO speculate VB about IN possible JJ reductions NNS in IN force NN . . 
49 `` `` This DT is VBZ a DT company NN that WDT has VBZ invested VBN in IN capacity NN additions NNS more RBR aggressively RB than IN any DT other JJ company NN in IN the DT industry NN and CC now RB the DT industry NN is VBZ growing VBG more RBR slowly RB and CC they PRP are VBP suddenly RB poorly RB positioned VBN , , '' '' said VBD Michael NNP Stark NNP , , chip NN analyst NN at IN Robertson NNP , , Stephens NNP & CC Co NNP . . 
13 `` `` I PRP think VBP the DT stock NN is VBZ dead JJ money NN for IN a DT while NN . . '' '' 
9 Yesterday NN 's POS announcement NN was VBD made VBN after IN markets NNS closed VBD . . 
14 U.S. NNP chip NN makers NNS are VBP facing VBG continued VBN slack JJ demand NN following VBG a DT traditionally RB slow JJ summer NN . . 
23 Part NN of IN the DT problem NN is VBZ that IN chip NN buyers NNS are VBP keeping VBG inventories NNS low JJ because IN of IN jitters NNS about IN the DT course NN of IN the DT U.S. NNP economy NN . . 
11 INGERSOLL-RAND NNP Co NNP . . -LRB- -LRB- Woodcliff NNP Lake NNP , , N.J NNP . . -RRB- -RRB- -- : 
35 William NNP G. NNP Kuhns NNP , , former JJ chairman NN and CC chief JJ executive JJ officer NN of IN General NNP Public NNP Utilities NNP Corp. NNP , , was VBD elected VBN a DT director NN of IN this DT maker NN of IN industrial JJ and CC construction NN equipment NN , , increasing VBG board NN membership NN to TO 10 CD . . 
20 The DT dollar NN posted VBD gains NNS against IN all DT major JJ currencies NNS yesterday NN , , buoyed VBN by IN persistent JJ Japanese JJ demand NN for IN U.S. NNP bond NN issues NNS . . 
44 While IN market NN sentiment NN remains VBZ cautiously RB bearish JJ on IN the DT dollar NN based VBN on IN sluggish JJ U.S. NNP economic JJ indicators NNS , , dealers NNS note VBP that IN Japanese JJ demand NN has VBZ helped VBN underpin VB the DT dollar NN against IN the DT yen NN and CC has VBZ kept VBN the DT U.S. NNP currency NN from IN plunging VBG below IN key JJ levels NNS against IN the DT mark NN . . 
45 At IN the DT same JJ time NN , , dealers NNS said VBD the DT U.S. NNP unit NN has VBZ been VBN locked VBN into IN a DT relatively RB narrow JJ range NN in IN recent JJ weeks NNS , , in IN part NN because IN the DT hefty JJ Japanese JJ demand NN for IN dollars NNS has VBZ been VBN offset VBN by IN the DT mark NN 's POS strength NN , , resulting VBG in IN a DT stalemate NN . . 
63 Jay NNP Goldinger NNP , , with IN Capital NNP Insight NNP Inc. NNP , , reasons VBZ that IN while IN the DT mark NN has VBZ posted VBN significant JJ gains NNS against IN the DT yen NN as RB well RB -- : the JJ mark NN climbed VBD to TO 77.70 CD yen NNS from IN 77.56 CD yen NNS late JJ Tuesday NNP in IN New NNP York NNP -- : the JJ strength NN of IN the DT U.S. NNP bond NN market NN compared VBN to TO its PRP$ foreign JJ counterparts NNS has VBZ helped VBN lure NN investors NNS to TO dollar-denominated JJ bonds NNS , , rather RB than IN mark NN bonds NNS . . 
38 `` `` Dollar-yen JJ -LCB- -LRB- trade NN -RCB- -RRB- is VBZ the DT driving VBG force NN in IN the DT market NN , , '' '' said VBD Tom NNP Trettien NNP , , a DT vice NN president NN with IN Banque NNP Paribas NNP in IN New NNP York NNP , , `` `` but CC I PRP 'm VBP not RB convinced VBN it PRP will MD continue VB . . 
23 Who WP knows VBZ what WP will MD happen VB down IN the DT road NN , , in IN three CD to TO six CD months NNS , , if IN foreign JJ investment NN starts VBZ to TO erode VB ? . '' '' 
34 In IN late JJ New NNP York NNP trading NN yesterday NN , , the DT dollar NN was VBD quoted VBN at IN 1.8500 CD marks NNS , , up RB from IN 1.8415 CD marks NNS late JJ Tuesday NNP , , and CC at IN 143.80 CD yen NNS , , up RB from IN 142.85 CD yen NNS late JJ Tuesday NNP . . 
14 Sterling NN was VBD quoted VBN at IN $ $ 1.5755 CD , , down RB from IN $ $ 1.5805 CD late JJ Tuesday NNP . . 
24 In IN Tokyo NNP Thursday NNP , , the DT U.S. JJ currency NN opened VBD for IN trading NN at IN 143.93 CD yen NNS , , up RB from IN Wednesday NNP 's POS Tokyo NNP close NN of IN 143.08 CD yen NNS . . 
49 Douglas NNP Madison NNP , , a DT corporate JJ trader NN with IN Bank NNP of IN America NNP in IN Los NNP Angeles NNP , , traced VBD the DT dollar NN 's POS recent JJ solid JJ performance NN against IN the DT yen NN to TO purchases NNS of IN securities NNS by IN Japanese JJ insurance NN companies NNS and CC trust NN banks NNS and CC the DT sense NN that IN another DT wave NN of IN investment NN is VBZ waiting VBG in IN the DT wings NNS . . 
30 He PRP contends VBZ that IN the DT perception NN in IN Japan NNP of IN a DT vitriolic JJ U.S. NNP response NN to TO Sony NNP Corp. NNP 's POS announcement NN of IN its PRP$ purchase NN of IN Columbia NNP Pictures NNP Entertainment NNP Inc. NNP has VBZ been VBN temporarily RB mollified VBN . . 
42 He PRP cites VBZ the DT recent JJ deal NN between IN the DT Mitsubishi NNP Estate NNP Co. NNP and CC the DT Rockefeller NNP Group NNP , , as RB well RB as IN the DT possible JJ white JJ knight NN role NN of IN an DT undisclosed JJ Japanese JJ company NN in IN the DT Georgia-Pacific NNP Corp. NNP takeover NN bid NN for IN Great JJ Northern NNP Nekoosa NNP Corp. NNP as IN evidence NN . . 
41 The DT forthcoming JJ maturity NN in IN November NNP of IN a DT 10-year CD Japanese JJ government NN yen-denominated JJ bond NN issue NN valued VBN at IN about RB $ $ 16 CD billion CD has VBZ prompted VBN speculation NN in IN the DT market NN that IN investors NNS redeeming VBG the DT bonds NNS will MD diversify VB into IN dollar-denominated JJ instruments NNS , , according VBG to TO Mr. NNP Madison NNP . . 
12 It PRP remains VBZ unclear JJ whether IN the DT bond NN issue NN will MD be VB rolled VBN over RP . . 
22 Meanwhile RB , , traders NNS in IN Tokyo NNP say VBP that IN the DT prospect NN of IN lower JJR U.S. NNP interest NN rates NNS has VBZ spurred VBN dollar NN buying VBG by IN Japanese JJ institutions NNS . . 
33 They PRP point VBP out RP that IN these DT institutions NNS want VBP to TO lock VB in RP returns NNS on IN high-yield JJ U.S. NNP Treasury NNP debt NN and CC suggest VBP demand NN for IN the DT U.S. NNP unit NN will MD continue VB unabated JJ until IN rates NNS in IN the DT U.S. NNP recede VBP . . 
37 The DT market NN again RB showed VBD little JJ interest NN in IN further JJ evidence NN of IN a DT slowing VBG U.S. NNP economy NN , , and CC traders NNS note VBP that IN the DT market NN in IN recent JJ weeks NNS has VBZ taken VBN its PRP$ cues NNS more RBR from IN Wall NNP Street NNP than IN U.S. NNP economic JJ indicators NNS . . 
19 Dealers NNS said VBD the DT dollar NN merely RB drifted VBD lower RBR following VBG the DT release NN Wednesday NNP of IN the DT U.S. NNP purchasing NN managers NNS ' POS report NN . . 
39 The DT managers NNS ' POS index NN , , which WDT measures VBZ the DT health NN of IN the DT manufacturing VBG sector NN , , stood VBD at IN 47.6 CD % NN in IN October NNP , , above IN September NNP 's POS 46 CD % NN , , and CC also RB above IN average JJ forecasts NNS for IN the DT index NN of IN 45.3 CD % NN . . 
38 Some DT dealers NNS said VBD the DT dollar NN was VBD pressured JJ slightly RB because IN a DT number NN of IN market NN participants NNS had VBD boosted VBN their PRP$ expectations NNS in IN the DT past JJ day NN and CC were VBD looking VBG for IN an DT index NN above IN 50 CD , , which WDT indicates VBZ an DT expanding VBG manufacturing NN economy NN . . 
15 But CC most JJS said VBD the DT index NN had VBD no RB more JJR than IN a DT minimal JJ effect NN on IN trade NN . . 
23 On IN the DT Commodity NNP Exchange NNP in IN New NNP York NNP , , gold NN for IN current JJ delivery NN settled VBN at IN $ $ 374.20 CD an DT ounce NN , , down IN 50 CD cents NNS . . 
9 Estimated VBN volume NN was VBD a DT moderate JJ 3.5 CD million CD ounces NNS . . 
17 In IN early RB trading NN in IN Hong NNP Kong NNP Thursday NNP , , gold NN was VBD quoted VBN at IN $ $ 374.19 CD an DT ounce NN . . 
35 `` `` The DT Cosby NNP Show NNP '' '' may MD have VB single-handedly RB turned VBN around RP ratings NNS at IN NBC NNP since IN its PRP$ debut NN in IN 1984 CD , , and CC the DT Huxtable NNP family NN still RB keeps VBZ millions NNS of IN viewers NNS laughing VBG Thursday NNP night NN on IN the DT network NN . . 
25 But CC some DT of IN the DT TV NN stations NNS that WDT bought VBD `` `` Cosby NNP '' '' reruns NNS for IN record NN prices NNS two CD years NNS ago RB are VBP n't RB laughing VBG much RB these DT days NNS . . 
21 The DT reruns NNS have VBP helped VBN ratings NNS at IN many JJ of IN the DT 187 CD network NN affiliates NNS and CC independent JJ TV NN stations NNS that WDT air VBP the DT shows NNS . . 
24 But CC the DT ratings NNS are VBP considerably RB below IN expectations NNS , , and CC some DT stations NNS say VBP they PRP may MD not RB buy VB new JJ episodes NNS when WRB their PRP$ current JJ contracts NNS expire VBP . . 
44 Meanwhile RB , , stations NNS are VBP fuming VBG because RB , , many JJ of IN them PRP say VBP , , the DT show NN 's POS distributor NN , , Viacom NNP Inc. NNP , , is VBZ giving VBG an DT ultimatum NN : : Either CC sign VB new JJ long-term JJ commitments NNS to TO buy VB future JJ episodes NNS or CC risk VB losing VBG `` `` Cosby NNP '' '' to TO a DT competitor NN . . 
35 At IN the DT same JJ time NN , , Viacom NNP is VBZ trying VBG to TO persuade VB stations NNS to TO make VB commitments NNS to TO `` `` A DT Different NNP World NNP , , '' '' a DT spin-off NN of IN `` `` Cosby NNP '' '' whose WP$ reruns NNS will MD become VB available JJ in IN 1991 CD . . 
8 Viacom NNP denies VBZ it PRP 's VBZ using VBG pressure NN tactics NNS . . 
18 `` `` We PRP 're VBP willing JJ to TO negotiate VB , , '' '' says VBZ Dennis NNP Gillespie NNP , , executive JJ vice NN president NN of IN marketing VBG . . 
17 `` `` We PRP 're VBP offering VBG this DT plan NN now RB because IN we PRP feel VBP it PRP 's VBZ the DT right JJ time NN . . '' '' 
37 But CC , , says VBZ the DT general JJ manager NN of IN a DT network NN affiliate NN in IN the DT Midwest NN , , `` `` I PRP think VBP if IN I PRP tell VBP them PRP I PRP need VBP more JJR time NN , , they PRP 'll MD take VB ` `` Cosby NNP ' '' across IN the DT street NN , , '' '' 
22 Viacom NNP 's POS move NN comes VBZ as IN the DT syndication NN market NN is VBZ being VBG flooded VBN with IN situation NN comedies NNS that WDT are VBP still RB running VBG on IN the DT networks NNS . . 
37 One CD station NN manager NN says VBZ he PRP believes VBZ Viacom NNP 's POS move NN is VBZ a DT `` `` pre-emptive JJ strike NN '' '' because IN the DT company NN is VBZ worried VBN that IN `` `` Cosby NNP '' '' ratings NNS will MD continue VB to TO drop VB in IN syndication NN over IN the DT next JJ few JJ years NNS . . 
29 `` `` Cosby NNP '' '' is VBZ down RB a DT full JJ ratings NNS point NN in IN the DT week NN of IN Oct. NNP 2-8 CD over IN the DT same JJ week NN a DT year NN ago RB , , according VBG to TO A.C. NNP Nielsen NNP Co NNP . . 
10 Mr. NNP Gillespie NNP at IN Viacom NNP says VBZ the DT ratings NNS are VBP rising VBG . . 
39 And CC executives NNS at IN stations NNS in IN such JJ major JJ markets NNS as IN Washington NNP ; : Providence NNP , , R.I. NNP ; : Cleveland NNP ; : Raleigh NNP , , N.C. NNP ; : Minneapolis NNP , , and CC Louisville NNP , , Ky. NNP , , say VBP they PRP may MD very RB well RB not RB renew VB `` `` Cosby NNP . . '' '' 
31 Dick NNP Lobo NNP , , the DT general JJ manager NN of IN WTVJ NNP , , the DT NBC-owned JJ station NN in IN Miami NNP , , for IN example NN , , says VBZ the DT show NN has VBZ `` `` been VBN a DT major JJ disappointment NN to TO us PRP . . '' '' 
18 `` `` At IN the DT prices NNS we PRP were VBD charged VBN , , there EX should MD have VB been VBN some DT return NN for IN the DT dollar NN . . 
5 There EX was VBD n't RB . . '' '' 
32 Neil NNP Kuvin NNP , , the DT general JJ manager NN of IN WHAS NNP , , the DT CBS NNP affiliate NN in IN Louisville NNP , , says VBZ `` `` Cosby NNP '' '' gets VBZ the DT station NN 's POS highest JJS ratings NNS and CC he PRP 's VBZ `` `` pleased VBN . . '' '' 
21 But CC he PRP adds VBZ , , `` `` I PRP feel VBP pressured JJ , , disappointed JJ , , uncomfortable JJ and CC , , frankly RB , , quite RB angry JJ with IN Viacom NNP . . 
14 The DT Life NNP Insurance NNP Co. NNP of IN Georgia NNP has VBZ officially RB opened VBN an DT office NN in IN Taipei NNP . . 
21 David NNP Wu NNP , , the DT company NN 's POS representative NN in IN Taiwan NNP , , said VBD Atlanta-based JJ Life NNP of IN Georgia NNP will MD sell VB conventional JJ life-insurance NN products NNS . . 
16 Life NNP of IN Georgia NNP is VBZ part NN of IN the DT Nationale NNP Nederlanden NNP Group NNP , , based VBN in IN the DT Netherlands NNP . . 
34 In IN this DT era NN of IN frantic JJ competition NN for IN ad NN dollars NNS , , a DT lot NN of IN revenue-desperate JJ magazines NNS are VBP getting VBG pretty RB cozy JJ with IN advertisers NNS -- : fawning VBG over IN them PRP in IN articles NNS and CC offering VBG pages NNS of IN advertorial JJ space NN . . 
14 So RB can MD a DT magazine NN survive VB by IN downright RB thumbing VBG its PRP$ nose NN at IN major JJ advertisers NNS ? . 
20 Garbage NNP magazine NN , , billed VBD as IN `` `` The NNP Practical NNP Journal NNP for IN the DT Environment NNP , , '' '' is VBZ about IN to TO find VB out RP . . 
32 Founded VBN by IN Brooklyn NNP , , N.Y. NNP , , publishing VBG entrepreneur NN Patricia NNP Poore NNP , , Garbage NNP made VBD its PRP$ debut NN this DT fall NN with IN the DT promise NN to TO give VB consumers NNS the DT straight JJ scoop NN on IN the DT U.S. NNP waste NN crisis NN . . 
33 The DT magazine NN combines VBZ how-to JJ pieces NNS on IN topics NNS like IN backyard NN composting NN , , explanatory JJ essays NNS on IN such JJ things NNS as IN what WP happens VBZ after IN you PRP flush VBP your PRP$ toilet NN , , and CC hard-hitting JJ pieces NNS on IN alleged JJ environmental JJ offenders NNS . . 
27 Garbage NNP editors NNS have VBP dumped VBN considerable JJ energy NN into IN a DT whirling JJ rampage NN through IN supermarket NN aisles NNS in IN a DT bid NN to TO identify VB corporate JJ America NNP 's POS good JJ guys NNS and CC bad JJ boys NNS . . 
25 In IN one CD feature NN , , called VBN `` `` In NNP the DT Dumpster NNP , , '' '' editors NNS point VBP out RP a DT product NN they PRP deem VBP to TO be VB a DT particularly RB bad JJ offender NN . . 
27 From IN an DT advertising NN standpoint NN , , the DT problem NN is VBZ these DT offenders NNS are VBP likely JJ to TO be VB some DT of IN the DT same JJ folks NNS that WDT are VBP major JJ magazine NN advertisers NNS these DT days NNS . . 
21 With IN only RB two CD issues NNS under IN its PRP$ belt NN , , Garbage NNP has VBZ alienated VBN some DT would-be JJ advertisers NNS and CC raised VBN the DT ire NN of IN others NNS . . 
25 Campbell NNP Soup NNP , , for IN one CD , , is VBZ furious JJ its PRP$ Souper NNP Combo NNP microwave NN product NN was VBD chastised VBN in IN the DT premiere NN `` `` In NNP the DT Dumpster NNP '' '' column NN . . 
34 The DT magazine NN 's POS editors NNS ran VBD a DT giant JJ diagram NN of IN the DT product NN with IN arrows NNS pointing VBG to TO the DT packaging NN 's POS polystyrene NN foam NN , , polyproplene NN and CC polyester NN film NN -- : all DT plastic NN items NNS they PRP say VBP are VBP non-biodegradable JJ . . 
21 `` `` It PRP 's VBZ precisely RB the DT kind NN of IN product NN that WDT 's VBZ created VBN the DT municipal JJ landfill NN monster NN , , '' '' the DT editors NNS wrote VBD . . 
27 `` `` I PRP think VBP that IN this DT magazine NN is VBZ not RB only RB called VBN Garbage NNP , , but CC it PRP is VBZ practicing VBG journalistic JJ garbage NN , , '' '' fumes VBZ a DT spokesman NN for IN Campbell NNP Soup NNP . . 
16 He PRP says VBZ Campbell NNP was VBD n't RB even RB contacted VBN by IN the DT magazine NN for IN the DT opportunity NN to TO comment VB . . 
29 Modifications NNS had VBD been VBN made VBN to TO the DT Souper NNP Combo NNP product NN at IN the DT time NN the DT issue NN was VBD printed VBN , , he PRP says VBZ , , making VBG it PRP less JJR an DT offender NN than IN was VBD portrayed VBN . . 
20 He PRP admits VBZ , , though RB , , it PRP is VBZ n't RB one CD of IN Campbell NNP Soup NNP 's POS better JJR products NNS in IN terms NNS of IN recyclability NN . . 
22 Campbell NNP Soup NNP , , not RB surprisingly RB , , does VBZ n't RB have VB any DT plans NNS to TO advertise VB in IN the DT magazine NN , , according VBG to TO its PRP$ spokesman NN . . 
18 Some DT media NNS experts NNS question VBP whether IN a DT young JJ magazine NN can MD risk VB turning VBG off RP Madison NNP Avenue NNP 's POS big JJ spenders NNS . . 
44 `` `` You PRP really RB need VBP the DT Campbell NNP Soups NNP of IN the DT world NN to TO be VB interested JJ in IN your PRP$ magazine NN if IN you PRP 're VBP going VBG to TO make VB a DT run NN of IN it PRP , , '' '' says VBZ Mike NNP White NNP , , senior JJ vice NN president NN and CC media NNS director NN at IN DDB NNP Needham NNP , , Chicago NNP . . 
25 `` `` The DT economics NNS of IN magazine NN publishing NN pretty RB much RB require VBP that IN you PRP have VBP a DT pretty RB solid JJ base NN '' '' of IN big-time JJ ad NN spenders NNS , , he PRP adds VBZ . . 
58 The DT first JJ two CD issues NNS featured VBD ads NNS from IN only RB a DT handful NN of IN big JJ advertisers NNS , , including VBG General NNP Electric NNP and CC Adolph NNP Coors NNP , , but CC the DT majority NN were VBD from IN companies NNS like IN Waste NNP Management NNP Inc. NNP and CC Bumkins NNP International NNP , , firms NNS that WDT do VBP n't RB spend VB much JJ money NN advertising VBG and CC ca MD n't RB be VB relied VBN on IN to TO support VB a DT magazine NN over IN the DT long JJ haul NN . . 
29 A DT Waste NNP Management NNP spokeswoman NN says VBZ its PRP$ ad NN in IN the DT premiere NN issue NN was VBD a DT one-time JJ purchase NN , , and CC it PRP does VBZ n't RB have VB any DT plans NNS to TO advertise VB in IN future JJ issues NNS . . 
14 `` `` We PRP do VBP n't RB spend VB much JJ on IN print NN advertising NN , , '' '' she PRP says VBZ . . 
24 But CC Ms. NNP Poore NNP , , the DT magazine NN 's POS editor NN and CC publisher NN , , contends VBZ Garbage NNP can MD survive VB , , at IN least JJS initially RB , , on IN subscription NN revenues NNS . . 
16 Individual JJ copies NNS of IN the DT magazine NN sell VBP for IN $ $ 2.95 CD and CC yearly JJ subscriptions NNS cost NN $ $ 21 CD . . 
13 -LRB- -LRB- It PRP is VBZ , , of IN course NN , , printed VBN on IN recycled VBN paper NN . . -RRB- -RRB- 
24 According VBG to TO Ms. NNP Poore NNP , , Old-House NNP Journal NNP Corp. NNP , , her PRP$ publishing NN company NN , , printed VBD and CC sold VBD all DT 126,000 CD copies NNS of IN the DT premiere NN issue NN . . 
22 The DT first JJ and CC second JJ issues NNS sold VBD out RP on IN newsstands NNS , , she PRP says VBZ , , and CC the DT magazine NN has VBZ orders NNS for IN 93,000 CD subscriptions NNS . . 
30 Asked VBN whether IN potential JJ advertisers NNS will MD be VB scared VBN away RB by IN the DT magazine NN 's POS direct JJ policy NN , , Ms. NNP Poore NNP replies VBZ : : `` `` I PRP do VBP n't RB know VB and CC I PRP do VBP n't RB care VB . . 
38 I PRP 'm VBP not RB saying VBG advertising NN revenue NN is VBZ n't RB important JJ , , '' '' she PRP says VBZ , , `` `` but CC I PRP could MD n't RB sleep VB at IN night NN '' '' if IN the DT magazine NN bowed VBD to TO a DT company NN because IN they PRP once RB took VBD out RP an DT ad NN . . 
4 Ad NNP Notes NNPS ... : . . 
4 INTERPUBLIC NNP ON NNP TV NNP : : 
30 Interpublic NNP Group NNP said VBD its PRP$ television NN programming NN operations NNS -- : which IN it PRP expanded VBD earlier JJR this DT year NN -- : agreed NN to TO supply VB more JJR than IN 4,000 CD hours NNS of IN original JJ programming NN across IN Europe NNP in IN 1990 CD . . 
37 It PRP said VBD the DT programs NNS , , largely RB game NN shows NNS , , will MD be VB provided VBN by IN its PRP$ E.C. NNP Television NNP unit NN along IN with IN Fremantle NNP International NNP , , a DT producer NN and CC distributor NN of IN game NN shows NNS of IN which WDT it PRP recently RB bought VBD 49 CD % NN . . 
16 It PRP said VBD that DT volume NN makes VBZ it PRP the DT largest JJS supplier NN of IN original JJ TV NN programming NN in IN Europe NNP . . 
32 Interpublic NNP is VBZ providing VBG the DT programming NN in IN return NN for IN advertising NN time NN , , which WDT it PRP said VBD will MD be VB valued VBN at IN more RBR than IN $ $ 75 CD million CD in IN 1990 CD and CC $ $ 150 CD million CD in IN 1991 CD . . 
14 It PRP plans VBZ to TO sell VB the DT ad NN time NN to TO its PRP$ clients NNS at IN a DT discount NN . . 
3 NEW NNP ACCOUNT NNP : : 
26 CoreStates NNP Financial NNP Corp. NNP , , Philadelphia NNP , , named VBD Earle NNP Palmer NNP Brown NNP & CC Spiro NNP , , Philadelphia NNP , , as IN agency NN of IN record NN for IN its PRP$ $ $ 5 CD million CD account NN . . 
11 The DT business NN had VBD been VBN handled VBN by IN VanSant NNP Dugdale NNP , , Baltimore NNP . . 
3 AT&T NNP FAX NNP : : 
35 American NNP Telephone NNP & CC Telegraph NNP 's POS General NNP Business NNP Systems NNPS division NN , , New NNP York NNP , , awarded VBD the DT ad NN account NN for IN its PRP$ Fax NNP product NN line NN to TO Ogilvy NNP & CC Mather NNP , , New NNP York NNP , , a DT WPP NNP Group NNP agency NN . . 
21 Billings NNS were VBD n't RB disclosed VBN for IN the DT small JJ account NN , , which WDT had VBD been VBN serviced VBN at IN Young NNP & CC Rubicam NNP , , New NNP York NNP . . 
3 FIRST CD CAMPAIGN NNP : : 
12 Enterprise NNP Rent-A-Car NNP Inc. NNP breaks VBZ its PRP$ first JJ national JJ ad NN campaign NN this DT week NN . . 
20 The DT St. NNP Louis NNP firm NN specializes VBZ in IN replacement-car NN rentals NNS , , those DT provided VBN by IN insurance NN companies NNS for IN cars NNS damaged VBN in IN accidents NNS . . 
29 Developed VBN by IN Avrett NNP , , Free NNP & CC Ginsberg NNP , , New NNP York NNP , , the DT $ $ 6 CD million CD campaign NN pitches VBZ Enterprise NNP 's POS consumer-driven JJ service NN and CC its PRP$ free JJ pick-up JJ and CC drop-off JJ service NN . . 
3 LANDOR NNP ASSOCIATES NNPS : : 
18 Young NNP & CC Rubicam NNP said VBD it PRP completed VBD its PRP$ acquisition NN of IN Landor NNP Associates NNPS , , a DT San NNP Francisco NNP identity-management NN firm NN . . 
2 ACQUISITION NNP : : 
18 Ketchum NNP Communications NNPS , , Pittsburgh NNP , , acquired VBD Braun NNP & CC Co. NNP , , a DT Los NNP Angeles NNP investor-relations NNS and CC marketing-communications NNS firm NN . . 
5 Terms NNS were VBD n't RB disclosed VBN . . 
32 Sea NNP Containers NNPS Ltd. NNP said VBD it PRP might MD increase VB the DT price NN of IN its PRP$ $ $ 70-a-share JJ buy-back JJ plan NN if IN pressed VBN by IN Temple NNP Holdings NNP Ltd. NNP , , which WDT made VBD an DT earlier JJR tender JJ offer NN for IN Sea NNP Containers NNPS . . 
41 Sea NNP Containers NNPS , , a DT Hamilton NNP , , Bermuda-based JJ shipping NN concern NN , , said VBD Tuesday NNP that IN it PRP would MD sell VB $ $ 1.1 CD billion CD of IN assets NNS and CC use VB some DT of IN the DT proceeds NNS to TO buy VB about IN 50 CD % NN of IN its PRP$ common JJ shares NNS for IN $ $ 70 CD apiece RB . . 
24 The DT move NN is VBZ designed VBN to TO ward VB off RP a DT hostile JJ takeover NN attempt NN by IN two CD European JJ shipping NN concerns NNS , , Stena NNP Holding NNP AG NNP and CC Tiphook NNP PLC NNP . . 
31 In IN May NNP , , the DT two CD companies NNS , , through IN their PRP$ jointly RB owned VBN holding VBG company NN , , Temple NNP , , offered VBD $ $ 50 CD a DT share NN , , or CC $ $ 777 CD million CD , , for IN Sea NNP Containers NNPS . . 
18 In IN August NNP , , Temple NNP sweetened VBD the DT offer NN to TO $ $ 63 CD a DT share NN , , or CC $ $ 963 CD million CD . . 
38 Yesterday NN , , Sea NNP Containers NNPS ' POS chief JJ executive NN officer NN , , James NNP Sherwood NNP , , said VBD in IN an DT interview NN that IN , , under IN the DT asset-sale JJ plan NN , , Sea NNP Containers NNPS would MD end VB up RP with IN a DT cash NN surplus NN of IN approximately RB $ $ 620 CD million CD . . 
22 About IN $ $ 490 CD million CD of IN that WDT would MD be VB allocated VBN to TO the DT buy-back NN , , leaving VBG about IN $ $ 130 CD million CD , , he PRP said VBD . . 
21 That DT $ $ 130 CD million CD , , Mr. NNP Sherwood NNP said VBD , , `` `` gives VBZ us PRP some DT flexibility NN in IN case NN Temple NNP raises VBZ its PRP$ bid NN . . 
15 We PRP are VBP able JJ to TO increase VB our PRP$ price NN above IN the DT $ $ 70 CD level NN if IN necessary JJ . . 
17 '' '' He PRP declined VBD to TO say VB , , however RB , , how WRB much JJ Sea NNP Containers NNPS might MD raise VB its PRP$ price NN . . 
30 Mr. NNP Sherwood NNP speculated VBD that IN the DT leeway NN that IN Sea NNP Containers NNPS has VBZ means VBZ that DT Temple NNP would MD have VB to TO `` `` substantially RB increase VB their PRP$ bid NN if IN they PRP 're VBP going VBG to TO top VB us PRP . . '' '' 
38 Temple NNP , , however RB , , harshly RB criticized VBD Sea NNP Containers NNPS ' POS plan NN yesterday NN , , characterizing VBG it PRP as IN a DT `` `` highly RB conditional JJ device NN designed VBN to TO entrench VB management NN , , confuse VB shareholders NNS and CC prevent VB them PRP from IN accepting VBG our PRP$ superior JJ cash NN offer NN . . '' '' 
34 A DT spokesman NN for IN Temple NNP estimated VBD that IN Sea NNP Containers NNPS ' POS plan NN -- : if IN all PDT the DT asset NN sales NNS materialize VBP -- : would MD result VB in IN shareholders NNS receiving VBG only RB $ $ 36 CD to TO $ $ 45 CD a DT share NN in IN cash NN . . 
38 The DT lower JJR figures NNS , , the DT spokesman NN said VBD , , would MD stem VB from IN preferred VBN shares NNS being VBG converted VBN to TO common JJ stock NN and CC the DT possibility NN that IN Sea NNP Containers NNPS ' POS subsidiaries NNS might MD be VB required VBN to TO place VB their PRP$ shares NNS in IN the DT open JJ market NN . . 
38 Temple NNP added VBD that IN Sea NNP Containers NNPS is VBZ still RB mired VBN in IN legal JJ problems NNS in IN Bermuda NNP , , where WRB the DT Supreme NNP Court NNP has VBZ temporarily RB barred VBN Sea NNP Containers NNPS from IN buying VBG back RP its PRP$ own JJ stock NN in IN a DT case NN brought VBN by IN Stena NNP and CC Tiphook NNP . . 
19 -LCB- -LRB- The DT court NN has VBZ indicated VBN it PRP will MD rule VB on IN the DT case NN by IN the DT end NN of IN the DT month NN . . -RCB- -RRB- 
25 Temple NNP also RB said VBD Sea NNP Containers NNPS ' POS plan NN raises VBZ `` `` numerous JJ legal JJ , , regulatory JJ , , financial JJ and CC fairness NN issues NNS , , '' '' but CC did VBD n't RB elaborate VB . . 
16 Mr. NNP Sherwood NNP said VBD reaction NN to TO Sea NNP Containers NNPS ' POS proposal NN has VBZ been VBN `` `` very RB positive JJ . . '' '' 
20 In IN New NNP York NNP Stock NNP Exchange NNP composite JJ trading NN yesterday NN , , Sea NNP Containers NNPS closed VBD at IN $ $ 62.625 CD , , up RB 62.5 CD cents NNS . . 
28 The DT Transportation NNP Department NNP , , responding VBG to TO pressure NN from IN safety NN advocates NNS , , took VBD further JJ steps NNS to TO impose VB on IN light JJ trucks NNS and CC vans NNS the DT safety NN requirements NNS used VBN for IN automobiles NNS . . 
17 The DT department NN proposed VBD requiring VBG stronger JJR roofs NNS for IN light JJ trucks NNS and CC minivans NNS , , beginning VBG with IN 1992 CD models NNS . . 
28 It PRP also RB issued VBD a DT final JJ rule NN requiring VBG auto NN makers NNS to TO equip VB light JJ trucks NNS and CC minivans NNS with IN lap-shoulder JJ belts NNS for IN rear JJ seats NNS beginning VBG in IN the DT 1992 CD model NN year NN . . 
12 Such JJ belts NNS already RB are VBP required VBN for IN the DT vehicles NNS ' POS front JJ seats NNS . . 
39 `` `` Today NN 's POS action NN , , '' '' Transportation NNP Secretary NNP Samuel NNP Skinner NNP said VBD , , `` `` represents VBZ another DT milestone NN in IN the DT ongoing JJ program NN to TO promote VB vehicle NN occupant NN safety NN in IN light JJ trucks NNS and CC minivans NNS through IN its PRP$ extension NN of IN passenger NN car NN standards NNS . . '' '' 
30 In IN September NNP , , the DT department NN had VBD said VBN it PRP will MD require VB trucks NNS and CC minivans NNS to TO be VB equipped VBN with IN the DT same JJ front-seat NN headrests NNS that WDT have VBP long RB been VBN required VBN on IN passenger NN cars NNS . . 
32 The DT Big NNP Three NNP auto NN makers NNS said VBD the DT rule NN changes NNS were VBD n't RB surprising JJ because IN Bush NNP administration NN officials NNS have VBP long RB said VBN they PRP planned VBD to TO impose VB car NN safety NN standards NNS on IN light JJ trucks NNS and CC vans NNS . . 
40 Safety NN advocates NNS , , including VBG some DT members NNS of IN Congress NNP , , have VBP been VBN urging VBG the DT department NN for IN years NNS to TO extend VB car-safety JJ requirements NNS to TO light JJ trucks NNS and CC vans NNS , , which WDT now RB account VBP for IN almost RB one-third NN of IN all DT vehicle NN sales NNS in IN the DT U.S. NNP . . 
27 They PRP say VBP that IN many JJ vehicles NNS classed VBN as IN commercial JJ light JJ trucks NNS actually RB carry VBP more JJR people NNS than IN cargo NN and CC therefore RB should MD have VB the DT same JJ safety NN features NNS as IN cars NNS . . 
11 They PRP did VBD n't RB have VB much JJ luck NN during IN the DT Reagan NNP administration NN . . 
34 `` `` But CC now RB , , there EX seems VBZ to TO be VB a DT fairly RB systematic JJ effort NN to TO address VB the DT problem NN , , '' '' said VBD Chuck NNP Hurley NNP , , vice NN president NN of IN communications NNS for IN the DT Insurance NNP Institute NNP for IN Highway NNP Safety NNP . . 
11 `` `` We PRP 're VBP in IN a DT very RB different JJ regulatory JJ environment NN . . '' '' 
28 Sen. NNP John NNP Danforth NNP -LRB- -LRB- R. NNP , , Mo NNP . . -RRB- -RRB- praised VBD the DT department NN 's POS actions NNS , , noting VBG that IN rollover NN crashes NNS account VBP for IN almost RB half DT of IN all DT light-truck JJ deaths NNS . . 
17 `` `` We PRP could MD prevent VB many JJ of IN these DT fatalities NNS with IN minimum JJ roof-crush JJ standards NNS , , '' '' he PRP said VBD . . 
34 Sen. NNP Danforth NNP and CC others NNS also RB want VBP the DT department NN to TO require VB additional JJ safety NN equipment NN in IN light JJ trucks NNS and CC minivans NNS , , including VBG air NN bags NNS or CC automatic JJ seat NN belts NNS in IN front JJ seats NNS and CC improved VBN side-crash JJ protection NN . . 
15 The DT department NN 's POS roof-crush JJ proposal NN would MD apply VB to TO vehicles NNS weighing VBG 10,000 CD pounds NNS or CC less JJR . . 
19 The DT roofs NNS would MD be VB required VBN to TO withstand VB a DT force NN of IN 1.5 CD times NNS the DT unloaded JJ weight NN of IN the DT vehicle NN . . 
15 During IN the DT test NN , , the DT roof NN could MD n't RB be VB depressed VBN more RBR than IN five CD inches NNS . . 
39 In IN Detroit NNP , , a DT Chrysler NNP Corp. NNP official NN said VBD the DT company NN currently RB has VBZ no DT rear-seat NN lap NN and CC shoulder NN belts NNS in IN its PRP$ light JJ trucks NNS , , but CC plans VBZ to TO begin VB phasing VBG them PRP in RP by IN the DT end NN of IN the DT 1990 CD model NN year NN . . 
22 He PRP said VBD Chrysler NNP fully RB expects VBZ to TO have VB them PRP installed VBN across IN its PRP$ light-truck JJ line NN by IN the DT Sept. NNP 1 CD , , 1991 CD , , deadline NN . . 
15 Chrysler NNP said VBD its PRP$ trucks NNS and CC vans NNS already RB meet VBP the DT roof-crush JJ resistance NN standard NN for IN cars NNS . . 
26 John NNP Leinonen NNP , , executive JJ engineer NN of IN Ford NNP Motor NNP Co. NNP 's POS auto-safety JJ office NN , , said VBD Ford NNP trucks NNS have VBP met VBN car NN standards NNS for IN roof-crush JJ resistance NN since IN 1982 CD . . 
20 Ford NNP began VBD installing VBG the DT rear-seat NN belts NNS in IN trucks NNS with IN its PRP$ F-series NNPS Crew NNP Cab NNP pickups NNS in IN the DT 1989 CD model NN year NN . . 
19 The DT new JJ Explorer NNP sport-utility JJ vehicle NN , , set VBN for IN introduction NN next IN spring NN , , will MD also RB have VB the DT rear-seat NN belts NNS . . 
12 Mr. NNP Leinonen NNP said VBD he PRP expects VBZ Ford NNP to TO meet VB the DT deadline NN easily RB . . 
20 Consolidated NNP Rail NNP Corp. NNP said VBD it PRP would MD spend VB more RBR than IN $ $ 30 CD million CD on IN 1,000 CD enclosed VBN railcars NNS for IN transporting VBG autos NNS . . 
36 The DT multilevel JJ railcars NNS , , scheduled VBN for IN delivery NN in IN 1990 CD , , will MD be VB made VBN by IN Thrall NNP Manufacturing NNP Co. NNP , , a DT Chicago NNP Heights NNP , , Ill. NNP , , division NN of IN closely RB held VBN Duchossois NNP Industries NNPS Inc. NNP , , Elmhurst NNP , , Ill NNP . . 
12 This DT year NN , , the DT railroad NN holding VBG company NN acquired VBN 850 CD such JJ railcars NNS . . 
26 Sir NNP Peter NNP Walters NNP , , 58-year-old JJ chairman NN of IN British NNP Petroleum NNP Co. NNP until IN next JJ March NNP , , joins VBZ the DT board NN of IN this DT cement NN products NNS company NN on IN Dec. NNP 1 CD . . 
21 Sir NNP Peter NNP will MD succeed VB Sir NNP John NNP Milne NNP , , 65 CD , , who WP retires VBZ as IN Blue NNP Circle NNP nonexecutive JJ chairman NN on IN June NNP 1 CD . . 
34 Bank NNP of IN New NNP England NNP Corp. NNP said VBD it PRP has VBZ held VBN talks NNS with IN potential JJ merger NN partners NNS outside IN New NNP England NNP , , although IN it PRP added VBD that IN nothing NN is VBZ imminent JJ and CC it PRP has VBZ n't RB received VBN any DT formal JJ offers NNS . . 
28 The DT discussions NNS were VBD disclosed VBN as IN the DT bank NN holding VBG company NN said VBD that IN it PRP has VBZ dropped VBN its PRP$ longstanding JJ opposition NN to TO full JJ interstate JJ banking NN bills NNS in IN Connecticut NNP and CC in IN Massachusetts NNP . . 
24 Later JJ yesterday NN , , a DT Massachusetts NNP senate NN committee NN approved VBD a DT bill NN to TO allow VB national JJ interstate JJ banking NN by IN banks NNS in IN the DT state NN beginning NN in IN 1991 CD . . 
26 Currently RB , , both DT Massachusetts NNP and CC Connecticut NNP , , where WRB most RBS of IN Bank NNP of IN New NNP England NNP 's POS operations NNS are VBP , , allow VBP interstate JJ banking NN only RB within IN New NNP England NNP . . 
38 Richard NNP Driscoll NNP , , vice NN chairman NN of IN Bank NNP of IN New NNP England NNP , , told VBD the DT Dow NNP Jones NNP Professional NNP Investor NNP Report NNP , , `` `` Certainly RB , , there EX are VBP those DT outside IN the DT region NN who WP think VBP of IN us PRP prospectively RB as IN a DT good JJ partner NN . . 
35 We PRP have VBP , , and CC I PRP 'm VBP sure JJ others NNS have VBP , , considered VBN what WP our PRP$ options NNS are VBP , , and CC we PRP 've VBP had VBN conversations NNS with IN people NNS who WP in IN the DT future NN might MD prove VB to TO be VB interesting JJ partners NNS . . '' '' 
11 He PRP added VBD , , `` `` There EX 's VBZ nothing NN very RB hot JJ . . '' '' 
18 Mr. NNP Driscoll NNP did VBD n't RB elaborate JJ about IN who WP the DT potential JJ partners NNS were VBD or CC when WRB the DT talks NNS were VBD held VBN . . 
37 A DT bank NN spokeswoman NN also RB declined VBD to TO comment VB on IN any DT merger-related JJ matters NNS , , but CC said VBD the DT company NN decided VBD to TO drop VB its PRP$ opposition NN to TO the DT interstate JJ banking NN legislation NN because IN `` `` prevailing VBG sentiment NN is VBZ in IN favor NN of IN passage NN . . '' '' 
45 Bank NNP of IN New NNP England NNP has VBZ been VBN hit VBN hard RB by IN the DT region NN 's POS real-estate JJ slump NN , , with IN its PRP$ net JJ income NN declining VBG 42 CD % NN to TO $ $ 121.6 CD million CD , , or CC 61 CD cents NNS a DT share NN , , in IN the DT first JJ nine CD months NNS of IN 1989 CD from IN the DT year-earlier JJ period NN . . 
30 The DT company NN recently RB said VBD it PRP would MD sell VB some DT operations NNS and CC lay VBD off RP 4 CD % NN of IN its PRP$ work NN force NN , , altogether RB reducing VBG employment NN to TO less RBR than IN 16,000 CD from IN about IN 18,000 CD . . 
29 It PRP recently RB signed VBD a DT preliminary JJ agreement NN to TO negotiate VB exclusively RB with IN the DT Bank NNP of IN Tokyo NNP Ltd. NNP for IN the DT sale NN of IN part NN of IN its PRP$ leasing NN business NN to TO the DT Japanese JJ bank NN . . 
18 GOODY NNP PRODUCTS NNP Inc. NNP cut VBD its PRP$ quarterly JJ dividend NN to TO five CD cents NNS a DT share NN from IN 11.5 CD cents NNS a DT share NN . . 
14 The DT reduced VBN dividend NN is VBZ payable JJ Jan. NNP 2 CD to TO stock NN of IN record NN Dec. NNP 15 CD . . 
32 The DT Kearny NNP , , N.J.-based JJ maker NN of IN hair NN accessories NNS and CC other JJ cosmetic NN products NNS said VBD it PRP cut VBD the DT dividend NN due JJ to TO its PRP$ third-quarter NN loss NN of IN $ $ 992,000 CD , , or CC 15 CD cents NNS a DT share NN . . 
21 In IN the DT year-ago JJ quarter NN , , the DT company NN reported VBD net JJ income NN of IN $ $ 1.9 CD million CD , , or CC 29 CD cents NNS a DT share NN . . 
8 The DT company NN also RB adopted VBD an DT anti-takeover JJ plan NN . . 
32 Michael NNP Henderson NNP , , 51-year-old JJ group NN chief NN executive NN of IN this DT U.K. NNP metals NNS and CC industrial JJ materials NNS maker NN , , will MD become VB chairman NN in IN May NNP , , succeeding VBG Ian NNP Butler NNP , , 64 CD , , who WP is VBZ retiring VBG . . 
12 Mr. NNP Butler NNP will MD remain VB on IN the DT board NN as IN a DT nonexecutive JJ director NN . . 
18 Rally NNP 's POS Inc. NNP said VBD it PRP has VBZ redeemed VBN its PRP$ rights NNS outstanding JJ issued VBN Monday NNP in IN its PRP$ shareholder NN rights NNS plan NN . . 
23 The DT company NN said VBD holders NNS of IN stock NN of IN record NN Nov. NNP 10 CD will MD receive VB 1\/10th NN of IN one CD cent NN a DT share NN as IN the DT redemption NN payment NN . . 
32 The DT fast-food NN company NN said VBD its PRP$ decision NN was VBD based VBN upon IN discussions NNS with IN a DT shareholder NN group NN , , Giant NNP Group NNP Ltd. NNP , , `` `` in IN an DT effort NN to TO resolve VB certain JJ disputes NNS with IN the DT company NN . . '' '' 
50 Giant NNP Group NNP is VBZ led VBN by IN three CD Rally NNP 's POS directors NNS , , Burt NNP Sugarman NNP , , James NNP M. NNP Trotter NNP III NNP and CC William NNP E. NNP Trotter NNP II NNP , , who WP last JJ month NN indicated VBD they PRP hold VBP a DT 42.5 CD % NN stake NN in IN Rally NNP 's POS and CC plan VBP to TO seek VB a DT majority NN of IN seats NNS on IN Rally NNP 's POS nine-member JJ board NN . . 
40 When WRB Warren NNP Winiarski NNP , , proprietor NN of IN Stag NNP 's POS Leap NNP Wine NNP Cellars NNP in IN Napa NNP Valley NNP , , announced VBD a DT $ $ 75 CD price NN tag NN for IN his PRP$ 1985 CD Cask NNP 23 CD Cabernet NNP this DT fall NN , , few JJ wine NN shops NNS and CC restaurants NNS around IN the DT country NN balked VBD . . 
38 `` `` This DT is VBZ the DT peak NN of IN my PRP$ wine-making NN experience NN , , '' '' Mr. NNP Winiarski NNP declared VBD when WRB he PRP introduced VBD the DT wine NN at IN a DT dinner NN in IN New NNP York NNP , , `` `` and CC I PRP wanted VBD to TO single VB it PRP out RP as RB such JJ . . '' '' 
29 It PRP is VBZ in IN my PRP$ estimation NN the DT best JJS wine NN Stag NNP 's POS Leap NNP has VBZ produced VBN , , and CC with IN fewer JJR than IN 700 CD cases NNS available JJ , , it PRP is VBZ sure JJ to TO sell VB quickly RB . . 
18 The DT price NN is VBZ a DT new JJ high NN for IN California NNP Cabernet NNP Sauvignon NNP , , but CC it PRP is VBZ not RB the DT highest JJS . . 
20 Diamond NNP Creek NNP 1985 CD Lake NNP Vineyard NNP Cabernet NNP weighed VBD in RP this DT fall NN with IN a DT sticker NN price NN of IN $ $ 100 CD a DT bottle NN . . 
40 One CD of IN the DT fastest JJS growing VBG segments NNS of IN the DT wine NN market NN is VBZ the DT category NN of IN superpremiums NNS -- : wines NN limited VBN in IN production NN , , of IN exceptional JJ quality NN -LRB- -LRB- or CC so RB perceived VBN , , at IN any DT rate NN -RRB- -RRB- , , and CC with IN exceedingly RB high JJ prices NNS . . 
63 For IN years NNS , , this DT group NN included VBD a DT stable NN of IN classics NNS -- : Bordeaux NNP first JJ growths NNS -LRB- -LRB- Lafite-Rothschild NNP , , Latour NNP , , Haut-Brion NNP , , Petrus NNP -RRB- -RRB- , , Grand NNP Cru NNP Burgundies NNPS -LRB- -LRB- Romanee-Conti NNP and CC La NNP Tache NNP -RRB- -RRB- deluxe JJ Champagnes NNS -LRB- -LRB- Dom NNP Perignon NNP or CC Roederer NNP Cristal NNP -RRB- -RRB- , , rarefied VBN sweet JJ wines NNS -LRB- -LRB- Chateau NNP Yquem NNP or CC Trockenbeerenauslesen NNP Rieslings NNPS from IN Germany NNP , , and CC Biondi-Santi NNP Brunello NNP Riserva NNP from IN Tuscany NNP -RRB- -RRB- . . 
16 These DT first JJ magnitude NN wines NNS ranged VBD in IN price NN from IN $ $ 40 CD to TO $ $ 125 CD a DT bottle NN . . 
22 In IN the DT last JJ year NN or CC so RB , , however RB , , this DT exclusive JJ club NN has VBZ taken VBN in IN a DT host NN of IN flashy JJ new JJ members NNS . . 
42 The DT classics NNS have VBP zoomed VBN in IN price NN to TO meet VB the DT competition NN , , and CC it PRP almost RB seems VBZ that IN there EX 's VBZ a DT race NN on RB to TO come VB up RP with IN the DT priciest JJS single JJ bottle NN , , among IN current JJ releases NNS from IN every DT major JJ wine NN region NN on IN the DT globe NN . . 
11 France NNP can MD boast VB the DT lion NN 's POS share NN of IN high-priced JJ bottles NNS . . 
36 Bordeaux NNP 's POS first JJ growths NNS from IN 1985 CD and CC 1986 CD are VBP $ $ 60 CD to TO $ $ 80 CD each DT -LRB- -LRB- except IN for IN the DT smallest JJS in IN terms NNS of IN production NN , , Chateau NNP Petrus NNP , , which WDT costs VBZ around RB $ $ 250 CD ! . -RRB- -RRB- . . 
18 These DT prices NNS seem VBP rather RB modest JJ , , however RB , , in IN light NN of IN other JJ French JJ wines NNS from IN current JJ vintages NNS . . 
31 Chateau NNP Yquem NNP , , the DT leading VBG Sauternes NNP , , now RB goes VBZ for IN well RB over RB $ $ 100 CD a DT bottle NN for IN a DT lighter JJR vintage NN like IN 1984 CD ; : the DT spectacularly RB rich JJ 1983 CD runs VBZ $ $ 179 CD . . 
16 In IN Champagne NNP , , some DT of IN the DT prestige NN cuvees NNS are VBP inching VBG toward IN $ $ 100 CD a DT bottle NN . . 
18 The DT first JJ Champagne NNP to TO crack VB that DT price NN barrier NN was VBD the DT 1979 CD Salon NNP de IN Mesnil NNP Blanc NNP de IN Blancs NNP . . 
7 The DT '82 CD Salon NNP is VBZ $ $ 115 CD . . 
27 Roederer NNP Cristal NNP at IN $ $ 90 CD a DT bottle NN sells VBZ out RP around IN the DT country NN and CC Taittinger NNP 's POS Comtes NNP de IN Champagne NNP Blanc NNP de IN Blancs NNP is VBZ encroaching VBG upon IN that DT level NN . . 
14 The DT great JJ reds NNS of IN the DT Rhone NNP Valley NNP have VB soared VBN in IN price NN as RB well RB . . 
16 E. NNP Guigal NNP 's POS 1982 CD Cote NNP Rotie NNP La NNP Landonne NNP , , for IN example NN , , is VBZ $ $ 120 CD . . 
15 None NNP of IN France NNP 's POS wine NN regions NNS can MD steal VB a DT march NN on IN Burgundy NNP , , however RB . . 
33 The DT six CD wines NNS of IN the DT Domaine NNP de IN la DT Romanee-Conti NNP , , 72 CD of IN the DT most RBS precious JJ acres NNS of IN vineyard NN anywhere RB in IN the DT world NN , , have VB commanded VBN three-digit JJ price NN tags NNS for IN several JJ years NNS now RB . . 
25 With IN the DT 1985 CD vintage NN , , they PRP soared VBD higher RBR : : La NNP Tache NNP , , $ $ 195 CD ; : Richebourg NNP , , $ $ 180 CD ; : Romanee-Conti NNP , , $ $ 225 CD . . 
17 Another DT small JJ Burgundy NNP estate NN , , Coche-Dury NNP , , has VBZ just RB offered VBN its PRP$ 1987 CD Corton-Charlemagne NNP for IN $ $ 155 CD . . 
33 From IN Italy NNP there RB is VBZ Angelo NNP Gaja NNP Barbaresco NNP at IN $ $ 125 CD a DT bottle NN , , Piero NNP Antinori NNP 's POS La NNP Solaia NNP , , a DT $ $ 90 CD Cabernet NNP from IN Tuscany NNP , , and CC Biondi-Santi NNP Brunello NNP at IN $ $ 98 CD . . 
26 Spain NNP 's POS Vega NNP Secilia NNP Unico NNP 1979 CD -LRB- -LRB- released VBN only RB in IN its PRP$ 10th JJ year NN -RRB- -RRB- is VBZ $ $ 70 CD , , as IN is VBZ Australia NNP 's POS Grange NNP Hermitage NNP 1982 CD . . 
30 `` `` There EX are VBP certain JJ cult NN wines NNS that WDT can MD command VB these DT higher JJR prices NNS , , '' '' says VBZ Larry NNP Shapiro NNP of IN Marty NNP 's POS , , one CD of IN the DT largest JJS wine NN shops NNS in IN Dallas NNP . . 
16 `` `` What WP 's VBZ different JJ is VBZ that IN it PRP is VBZ happening VBG with IN young JJ wines NNS just RB coming VBG out RP . . 
14 We PRP 're VBP seeing VBG it PRP partly RB because IN older JJR vintages NNS are VBP growing VBG more RBR scarce JJ . . '' '' 
44 Wine NN auctions NNS have VBP almost RB exhausted VBN the DT limited VBN supply NN of IN those DT wines NNS , , Mr. NNP Shapiro NNP continued VBD : : `` `` We PRP 've VBP seen VBN a DT dramatic JJ decrease NN in IN demand NN for IN wines NNS from IN the DT '40s CD and CC '50s CD , , which WDT go VBP for IN $ $ 300 CD to TO $ $ 400 CD a DT bottle NN . . 
24 Some DT of IN the DT newer JJR wines NNS , , even RB at IN $ $ 90 CD to TO $ $ 100 CD a DT bottle NN or CC so RB , , almost RB offer VBP a DT bargain NN . . '' '' 
8 Take VB Lake NNP Vineyard NNP Cabernet NNP from IN Diamond NNP Creek NNP . . 
34 It PRP 's VBZ made VBN only RB in IN years NNS when WRB the DT grapes NNS ripen VBP perfectly RB -LRB- -LRB- the DT last NN was VBD 1979 CD -RRB- -RRB- and CC comes VBZ from IN a DT single JJ acre NN of IN grapes NNS that WDT yielded VBD a DT mere JJ 75 CD cases NNS in IN 1987 CD . . 
36 Owner NNP Al NNP Brownstein NNP originally RB planned VBD to TO sell VB it PRP for IN $ $ 60 CD a DT bottle NN , , but CC when WRB a DT retailer NN in IN Southern NNP California NNP asked VBD , , `` `` Is VBZ that DT wholesale JJ or CC retail JJ ? . '' '' he PRP re-thought JJ the DT matter NN . . 
78 Offering VBG the DT wine NN at IN roughly RB $ $ 65 CD a DT bottle NN wholesale NN -LRB- -LRB- $ $ 100 CD retail NN -RRB- -RRB- , , he PRP sent VBD merchants NNS around IN the DT country NN a DT form NN asking VBG them PRP to TO check VB one CD of IN three CD answers NNS : : 1 LS -RRB- -RRB- no RB , , the DT wine NN is VBZ too RB high JJ -LRB- -LRB- 2 CD responses NNS -RRB- -RRB- ; : 2 LS -RRB- -RRB- yes RB , , it PRP 's VBZ high JJ but CC I PRP 'll MD take VB it PRP -LRB- -LRB- 2 CD responses NNS -RRB- -RRB- ; : 3 LS -RRB- -RRB- I PRP 'll MD take VB all DT I PRP can MD get VB -LRB- -LRB- 58 CD responses NNS -RRB- -RRB- . . 
30 The DT wine NN was VBD shipped VBN in IN six-bottle JJ cases NNS instead RB of IN the DT usual JJ 12 CD , , but CC even RB at IN that IN it PRP was VBD spread VBN thin JJ , , going VBG to TO 62 CD retailers NNS in IN 28 CD states NNS . . 
46 `` `` We PRP thought VBD it PRP was VBD awfully RB expensive JJ , , '' '' said VBD Sterling NNP Pratt NNP , , wine NN director NN at IN Schaefer NNP 's POS in IN Skokie NNP , , Ill. NNP , , one CD of IN the DT top JJ stores NNS in IN suburban JJ Chicago NNP , , `` `` but CC there EX are VBP people NNS out IN there RB with IN very RB different JJ opinions NNS of IN value NN . . 
12 We PRP got VBD our PRP$ two CD six-packs NNS -- : and CC they PRP 're VBP gone VBN . . '' '' 
28 Mr. NNP Pratt NNP remarked VBD that IN he PRP thinks VBZ steeper JJR prices NNS have VBP come VBN about RP because IN producers NNS do VBP n't RB like VB to TO see VB a DT hit NN wine NN dramatically RB increase VB in IN price NN later JJ on RP . . 
22 Even RB if IN there EX is VBZ consumer NN resistance NN at IN first JJ , , a DT wine NN that WDT wins VBZ high JJ ratings NNS from IN the DT critics NNS will MD eventually RB move VB . . 
46 `` `` There EX may MD be VB sticker-shock NN reaction NN initially RB , , '' '' said VBD Mr. NNP Pratt NNP , , `` `` but CC as IN the DT wine NN is VBZ talked VBN about IN and CC starts VBZ to TO sell VB , , they PRP eventually RB get VB excited VBN and CC decide VB it PRP 's VBZ worth JJ the DT astronomical JJ price NN to TO add VB it PRP to TO their PRP$ collection NN . . '' '' 
18 `` `` It PRP 's VBZ just RB sort NN of IN a DT one-upsmanship NN thing NN with IN some DT people NNS , , '' '' added VBD Larry NNP Shapiro NNP . . 
30 `` `` They PRP like VBP to TO talk VB about IN having VBG the DT new JJ Red NNP Rock NNP Terrace NNP -LCB- -LRB- one CD of IN Diamond NNP Creek NNP 's POS Cabernets NNPS -RCB- -RRB- or CC the DT Dunn NNP 1985 CD Cabernet NNP , , or CC the DT Petrus NNP . . 
20 Producers NNS have VBP seen VBN this DT market NN opening VBG up RP and CC they PRP 're VBP now RB creating VBG wines NNS that WDT appeal VBP to TO these DT people NNS . . '' '' 
13 That DT explains VBZ why WRB the DT number NN of IN these DT wines NNS is VBZ expanding VBG so RB rapidly RB . . 
19 But CC consumers NNS who WP buy VBP at IN this DT level NN are VBP also RB more RBR knowledgeable JJ than IN they PRP were VBD a DT few JJ years NNS ago RB . . 
24 `` `` They PRP wo MD n't RB buy VB if IN the DT quality NN is VBZ not RB there RB , , '' '' said VBD Cedric NNP Martin NNP of IN Martin NNP Wine NNP Cellar NNP in IN New NNP Orleans NNP . . 
20 `` `` Or CC if IN they PRP feel VBP the DT wine NN is VBZ overpriced VBN and CC they PRP can MD get VB something NN equally RB good JJ for IN less JJR . . '' '' 
49 Mr. NNP Martin NNP has VBZ increased VBN prices NNS on IN some DT wines NNS -LRB- -LRB- like IN Grgich NNP Hills NNP Chardonnay NNP , , now RB $ $ 32 CD -RRB- -RRB- just RB to TO slow VB down RP movement NN , , but CC he PRP is VBZ beginning VBG to TO see VB some DT resistance NN to TO high-priced JJ red JJ Burgundies NNPS and CC Cabernets NNPS and CC Chardonnays NNPS in IN the DT $ $ 30 CD to TO $ $ 40 CD range NN . . 
26 Image NN has VBZ , , of IN course NN , , a DT great JJ deal NN to TO do VB with IN what WP sells VBZ and CC what WP does VBZ n't RB , , and CC it PRP ca MD n't RB be VB forced VBN . . 
30 Wine NN merchants NNS ca MD n't RB keep VB Roederer NNP Cristal NNP in IN stock NN , , but CC they PRP have VBP to TO push VB Salon NNP le DT Mesnil NNP , , even RB lowering VBG the DT price NN from IN $ $ 115 CD to TO $ $ 90 CD . . 
31 It PRP 's VBZ hardly RB a DT question NN of IN quality NN -- : the CD 1982 CD Salon NNP is VBZ a DT beautiful JJ wine NN , , but CC , , as IN Mr. NNP Pratt NNP noted VBD , , people NNS have VBP their PRP$ own JJ ideas NNS about IN value NN . . 
20 It PRP 's VBZ interesting JJ to TO find VB that IN a DT lot NN of IN the DT expensive JJ wines NNS are VBP n't RB always RB walking VBG out IN the DT door NN . . 
55 In IN every DT major JJ market NN in IN the DT U.S. NNP , , for IN instance NN , , you PRP can MD buy VB '86 CD La NNP Tache NNP or CC Richebourg NNP , , virtually RB all DT of IN the DT first JJ growth NN Bordeaux NNP -LRB- -LRB- except IN Petrus NNP -RRB- -RRB- , , as RB well RB as IN Opus NNP One CD and CC Dominus NNP from IN California NNP and CC , , at IN the DT moment NN , , the DT Stag NNP 's POS Leap NNP 1985 CD Cask NNP 23 CD . . 
25 With IN the DT biggest JJS wine-buying JJ period NN of IN the DT year NN looming VBG as IN the DT holidays NNS approach VBP , , it PRP will MD be VB interesting JJ to TO see VB how WRB the DT superpremiums NNS fare VBP . . 
16 By IN January NNP it PRP should MD be VB fairly RB clear JJ what WP 's POS hot JJ -- : and NN what WP 's VBZ not RB . . 
11 Ms. NNP Ensrud NNP is VBZ a DT free-lance JJ wine NN writer NN in IN New NNP York NNP . . 
31 Signs NNS of IN a DT slowing VBG economy NN are VBP increasing VBG pressure NN on IN the DT Federal NNP Reserve NNP to TO cut VB short-term JJ interest NN rates NNS , , but CC it PRP is VBZ n't RB clear JJ whether IN the DT central JJ bank NN will MD do VB so RB . . 
27 A DT survey NN by IN the DT Fed NNP 's POS 12 CD district NN banks NNS shows VBZ economic JJ growth NN has VBZ been VBN sluggish JJ in IN recent JJ weeks NNS , , while IN upward JJ pressures NNS on IN prices NNS have VBP moderated VBN . . 
20 `` `` The DT economy NN is VBZ clearly RB slowing VBG , , '' '' says VBZ Robert NNP Black NNP , , president NN of IN the DT Richmond NNP Federal NNP Reserve NNP Bank NNP . . 
34 `` `` If IN you PRP look VBP at IN the DT third JJ quarter NN as IN posting VBG roughly RB 2.5 CD % NN growth NN , , I PRP do VBP see VB some DT slowing NN in IN the DT fourth JJ quarter NN , , '' '' agrees VBZ Kansas NNP City NNP Fed NNP President NNP Roger NNP Guffey NNP . . 
19 Nevertheless RB , , both DT Mr. NNP Guffey NNP and CC Mr. NNP Black NNP say VBP the DT slowdown NN so RB far RB is VBZ no DT cause NN for IN concern NN . . 
32 `` `` We PRP 're VBP coming VBG closer RBR to TO achieving VBG the DT stated VBN objective NN of IN slowing VBG the DT economy NN to TO a DT point NN where WRB hopefully RB some DT downward JJ trend NN in IN prices NNS will MD occur VB , , '' '' said VBD Mr. NNP Guffey NNP . . 
25 Bush NNP administration NN officials NNS are VBP looking VBG to TO the DT Fed NNP to TO bring VB down RP rates NNS , , and CC financial JJ markets NNS seem VBP to TO be VB expecting VBG easier JJR credit NN as RB well RB . . 
38 `` `` I PRP think VBP the DT market NN had VBD been VBN expecting VBG the DT Fed NNP to TO ease VB sooner RBR and CC a DT little RB more RBR than IN it PRP has VBZ to TO date NN , , '' '' said VBD Robert NNP Johnson NNP , , vice NN president NN of IN global JJ markets NNS for IN Bankers NNP Trust NNP Co NNP . . 
34 The DT Fed NNP cut VBD the DT key JJ federal JJ funds NNS interest NN rate NN by IN about RB 0.25 CD percentage NN point NN to TO 8.75 CD % NN after IN the DT Oct. NNP 13 CD stock NN market NN plunge NN , , but CC has VBZ shown VBN no DT sign NN of IN movement NN since IN . . 
19 The DT report NN from IN the DT Fed NNP found VBD that IN manufacturing NN , , in IN particular JJ , , has VBZ been VBN weak JJ in IN recent JJ weeks NNS . . 
24 The DT Philadelphia NNP Fed NNP , , for IN instance NN , , reported VBD that IN manufacturing NN activity NN `` `` continues VBZ to TO decline VB '' '' for IN the DT fourth JJ month NN in IN a DT row NN . . 
39 And CC in IN the DT Chicago NNP district NN , , the DT report NN said VBD , , `` `` a DT manufacturer NN of IN capital NN goods NNS noted VBD slower JJR orders NNS for IN some DT types NNS , , including VBG defense NN equipment NN , , petroleum NN equipment NN , , food NN packaging NN machinery NN and CC material NN handling NN equipment NN . . '' '' 
28 Retail JJ sales NNS also RB were VBD reported VBN slow RB in IN most JJS districts NNS , , particularly RB `` `` for IN discretionary JJ , , big-ticket JJ items NNS such JJ as IN furniture NN , , home NN appliances NNS and CC consumer NN electronics NNS . . '' '' 
11 And CC construction NN also RB was VBD described VBN as IN slow JJ in IN most JJS areas NNS . . 
18 Despite IN the DT economic JJ slowdown NN , , there EX are VBP few JJ clear JJ signs NNS that IN growth NN is VBZ coming VBG to TO a DT halt NN . . 
15 As IN a DT result NN , , Fed NNP officials NNS may MD be VB divided VBN over IN whether IN to TO ease VB credit NN . . 
26 Several JJ Fed NNP governors NNS in IN Washington NNP have VBP been VBN pushing VBG for IN easier JJR credit NN ; : but CC many JJ of IN the DT regional JJ Fed NNP presidents NNS have VBP been VBN resisting VBG such JJ a DT move NN . . 
34 Mr. NNP Black NNP said VBD he PRP is VBZ `` `` pleased VBN '' '' with IN the DT economy NN 's POS recent JJ performance NN , , and CC does VBZ n't RB see VB `` `` a DT lot NN of IN excesses NNS out IN there RB that WDT would MD tilt VB us PRP into IN recession NN . . '' '' 
39 `` `` There EX is VBZ always RB a DT chance NN of IN recession NN , , '' '' added VBD Mr. NNP Guffey NNP , , `` `` but CC if IN you PRP ask VBP me PRP to TO put VB a DT percentage NN on IN it PRP , , I PRP would MD think VB it PRP 's VBZ well RB below IN a DT 50 CD % NN chance NN . . 
35 Integra-A NNP Hotel NNP & CC Restaurant NNP Co. NNP said VBD its PRP$ planned VBN rights NNS offering NN to TO raise VB about RB $ $ 9 CD million CD was VBD declared VBN effective JJ and CC the DT company NN will MD begin VB mailing VBG materials NNS to TO shareholders NNS at IN the DT end NN of IN this DT week NN . . 
16 Under IN the DT offer NN , , shareholders NNS will MD receive VB one CD right JJ for IN each DT 105 CD common JJ shares NNS owned VBN . . 
30 Each DT right NN entitles VBZ the DT shareholder NN to TO buy VB $ $ 100 CD face NN amount NN of IN 13.5 CD % NN bonds NNS due JJ 1993 CD and CC warrants VBZ to TO buy VB 23.5 CD common JJ shares NNS at IN 30 CD cents NNS a DT share NN . . 
16 The DT rights NNS , , which WDT expire VBP Nov. NN 21 CD , , can MD be VB exercised VBN for IN $ $ 100 CD each DT . . 
27 Integra NNP , , which WDT owns VBZ and CC operates VBZ hotels NNS , , said VBD that IN Hallwood NNP Group NNP Inc. NNP has VBZ agreed VBN to TO exercise VB any DT rights NNS that WDT are VBP n't RB exercised VBN by IN other JJ shareholders NNS . . 
14 Hallwood NNP , , a DT Cleveland NNP merchant NN bank NN , , owns VBZ about RP 11 CD % NN of IN Integra NNP . . 
34 Copperweld NNP Corp. NNP , , a DT specialty NN steelmaker NN , , said VBD 445 CD workers NNS at IN a DT plant NN in IN Shelby NNP , , Ohio NNP , , began VBD a DT strike NN after IN the DT United NNP Steelworkers NNP Local NNP 3057 CD rejected VBD a DT new JJ contract NN on IN Tuesday NNP . . 
18 The DT previous JJ contract NN between IN Copperweld NNP 's POS Ohio NNP Steel NNP Tube NNP division NN and CC the DT union NN expired VBD at IN midnight NN Tuesday NNP . . 
11 The DT union NN vote NN to TO reject VB the DT proposed VBN pact NN was VBD 230-215 CD . . 
10 Copperweld NN said VBD it PRP does VBZ n't RB expect VB a DT protracted JJ strike NN . . 
14 It PRP said VBD it PRP has VBZ taken VBN measures NNS to TO continue VB shipments NNS during IN the DT work NN stoppage NN . . 
35 The DT Treasury NNP said VBD it PRP plans VBZ to TO sell VB $ $ 30 CD billion CD in IN notes NNS and CC bonds NNS next IN week NN , , but CC said VBD the DT auctions NNS will MD be VB postponed VBN unless IN Congress NNP acts VBZ quickly RB to TO lift VB the DT federal JJ debt NN ceiling NN . . 
32 Michael NNP Basham NNP , , deputy NN assistant NN secretary NN for IN federal JJ finance NN , , said VBD the DT Treasury NNP may MD wait VB until IN late JJ Monday NNP or CC even RB early JJ Tuesday NNP to TO announce VB whether IN the DT autions NNS are VBP to TO be VB rescheduled VBN . . 
35 Unless IN it PRP can MD raise VB money NN in IN financial JJ markets NNS , , Mr. NNP Basham NNP said VBD , , the DT federal JJ government NN wo MD n't RB have VB the DT cash NN to TO pay VB off RP $ $ 13.8 CD billion CD in IN Treasury NNP bills NNS that WDT mature VBP on IN Thursday NNP . . 
17 Without IN congressional JJ action NN , , the DT Treasury NNP ca MD n't RB sell VB any DT new JJ securities NNS -- : even JJ savings NNS bonds NNS . . 
33 But CC despite IN partisan JJ bickering NN over IN the DT debt NN ceiling NN , , which WDT has VBZ become VBN entangled JJ in IN the DT fight NN over IN cutting VBG capital-gains NNS taxes NNS , , Congress NNP is VBZ almost RB certain JJ to TO act VB in IN time NN to TO avoid VB default NN . . 
48 `` `` Each DT day NN that IN Congress NNP fails VBZ to TO act VB ... : will MD cause VB additional JJ disruption NN in IN our PRP$ borrowing NN schedule NN , , possibly RB resulting VBG in IN higher JJR interest NN costs NNS to TO the DT taxpayer NN , , '' '' Treasury NNP Secretary NNP Nicholas NNP Brady NNP said VBD in IN a DT speech NN prepared VBN for IN delivery NN last JJ night NN to TO a DT group NN of IN bankers NNS . . 
17 `` `` To TO avoid VB these DT costs NNS , , and CC a DT possible JJ default NN , , immediate JJ action NN is VBZ imperative JJ . . '' '' 
24 The DT securities NNS to TO be VB sold VBN next JJ week NN will MD raise VB about RB $ $ 10 CD billion CD in IN cash NN and CC redeem VB $ $ 20 CD billion CD in IN maturing VBG notes NNS . . 
18 The DT new JJ securities NNS , , part NN of IN the DT federal JJ government NN 's POS regular JJ quarterly JJ refunding VBG , , will MD consist VB of IN : : 
20 -- : $ $ 10 CD billion CD of IN three-year JJ notes NNS , , to TO be VB auctioned VBN Tuesday NNP and CC to TO mature VB Nov. NNP 15 CD , , 1992 CD . . 
20 -- : $ $ 10 CD billion CD of IN 10-year JJ notes NNS , , to TO be VB auctioned VBN Wednesday NNP and CC to TO mature VB Nov. NNP 15 CD , , 1999 CD . . 
20 -- : $ $ 10 CD billion CD of IN 30-year JJ bonds NNS , , to TO be VB auctioned VBN Thursday NNP and CC to TO mature VB Aug. NNP 15 CD , , 2019 CD . . 
19 The DT Treasury NNP also RB said VBD it PRP plans VBZ to TO sell VB $ $ 10 CD billion CD in IN 36-day JJ cash NN management NN bills NNS on IN Thursday NNP . . 
6 They PRP will MD mature VB Dec. NNP 21 CD . . 
32 None NN of IN the DT securities NNS will MD be VB eligible JJ for IN when-issued JJ trading VBG until IN Congress NNP approves VBZ an DT increase NN in IN the DT debt NN ceiling NN , , clearing VBG the DT way NN for IN a DT formal JJ offering NN , , Mr. NNP Basham NNP said VBD . . 
27 The DT Treasury NNP said VBD it PRP needs VBZ to TO raise VB $ $ 47.5 CD billion CD in IN the DT current JJ quarter NN in IN order NN to TO end VB December NNP with IN a DT $ $ 20 CD billion CD cash NN balance NN . . 
19 Auctions NNS held VBD in IN October NNP and CC those DT scheduled VBN for IN next JJ week NN will MD raise VB a DT total NN of IN $ $ 25.6 CD billion CD . . 
31 The DT remaining VBG $ $ 21.9 CD billion CD could MD be VB raised VBN through IN the DT sale NN of IN short-term JJ Treasury NNP bills NNS , , two-year JJ notes NNS in IN November NNP and CC five-year JJ notes NNS in IN early JJ December NNP , , the DT Treasury NNP said VBD . . 
45 In IN the DT first JJ three CD months NNS of IN 1990 CD , , the DT Treasury NNP estimates VBZ that IN it PRP will MD have VB to TO raise VB between IN $ $ 45 CD billion CD and CC $ $ 50 CD billion CD , , assuming VBG that IN it PRP decides VBZ to TO aim VB for IN a DT $ $ 10 CD billion CD cash NN balance NN at IN the DT end NN of IN March NNP . . 
14 Lancaster NNP Colony NNP Corp. NNP said VBD it PRP acquired VBD Reames NNP Foods NNP Inc. NNP in IN a DT cash NN transaction NN . . 
5 Terms NNS were VBD n't RB disclosed VBN . . 
30 Reames NNP , , a DT maker NN and CC marketer NN of IN frozen VBN noodles NNS and CC pre-cooked JJ pasta NN based VBN in IN Clive NNP , , Iowa NNP , , has VBZ annual JJ sales NNS of IN about RB $ $ 11 CD million CD , , Lancaster NNP said VBD . . 
19 Investors NNS took VBD advantage NN of IN Tuesday NNP 's POS stock NN rally NN to TO book VB some DT profits NNS yesterday NN , , leaving VBG stocks RB up IN fractionally RB . . 
9 Bond NN prices NNS and CC the DT dollar NN both DT gained VBD modestly RB . . 
19 The DT Dow NNP Jones NNP Industrial NNP Average NNP finished VBD less JJR than IN a DT point NN higher RBR to TO close VB at IN 2645.90 CD in IN moderate JJ trading VBG . . 
20 But CC advancing VBG issues NNS on IN the DT New NNP York NNP Stock NNP Exchange NNP were VBD tidily RB ahead RB of IN declining VBG stocks NNS , , 847 CD to TO 644 CD . . 
17 Long-term JJ bond NN prices NNS rose VBD despite IN prospects NNS of IN a DT huge JJ new JJ supply NN of IN Treasury NNP debt NN this DT month NN . . 
12 Continuing VBG demand NN for IN dollars NNS from IN Japanese JJ investors NNS boosted VBD the DT U.S. NNP currency NN . . 
28 Analysts NNS were VBD disappointed VBN that IN the DT enthusiasm NN investors NNS showed VBD for IN stocks NNS in IN the DT wake NN of IN Georgia-Pacific NNP 's POS $ $ 3.18 CD billion CD bid NN for IN Great JJ Northern NNP Nekoosa NNP evaporated VBD so RB quickly RB . . 
20 The DT industrial JJ average NN jumped VBD more RBR than IN 41 CD points NNS Tuesday NNP as IN speculators NNS rushed VBD to TO buy VB shares NNS of IN potential JJ takeover NN targets NNS . . 
32 But CC with IN the DT end NN of IN the DT year NN in IN sight NN , , money NN managers NNS are VBP eager JJ to TO take VB profits NNS and CC cut VB their PRP$ risks NNS of IN losing VBG what WP for IN many JJ have VBP been VBN exceptionally RB good JJ returns NNS in IN 
9 Economic JJ news NN had VBD little JJ effect NN on IN financial JJ markets NNS . . 
20 As IN expected VBN , , a DT national JJ purchasing NN managers NNS ' POS report NN indicated VBD the DT nation NN 's POS manufacturing NN sector NN continues VBZ to TO contract VB modestly RB . . 
29 The DT Federal NNP Reserve NNP 's POS Beige NNP Book NNP , , a DT summary NN of IN economic JJ conditions NNS across IN the DT country NN , , indicated VBD that IN the DT overall JJ economy NN remains VBZ in IN a DT pattern NN of IN sluggish JJ growth NN . . 
5 In IN major JJ market NN activity NN : : 
8 Stock NN prices NNS rose VBD fractionally RB in IN moderate JJ trading VBG . . 
8 Big NNP Board NNP volume NN totaled VBD 154.2 CD million CD shares NNS . . 
5 Bond NN prices NNS were VBD up RB . . 
25 The DT Treasury NNP 's POS benchmark NN 30-year JJ bond NN gained VBD about RB a DT quarter NN of IN a DT point NN , , or CC $ $ 2.50 CD for IN each DT $ $ 1,000 CD of IN face NN amount NN . . 
7 The DT yield NN fell VBD to TO 7.88 CD % NN . . 
4 The DT dollar NN rose VBD . . 
23 In IN late JJ afternoon NN New NNP York NNP trading VBG the DT currency NN was VBD at IN 1.8500 CD marks NNS and CC 143.80 CD yen NN compared VBN with IN 1.8415 CD marks NNS and CC 142.85 CD yen NN . . 
39 Mitsui NNP Mining NNP & CC Smelting NNP Co. NNP posted VBD a DT 62 CD % NN rise NN in IN pretax JJ profit NN to TO 5.276 CD billion CD yen NN -LRB- -LRB- $ $ 36.9 CD million CD -RRB- -RRB- in IN its PRP$ fiscal JJ first JJ half NN ended VBD Sept. JJ 30 CD compared VBN with IN 3.253 CD billion CD yen NN a DT year NN earlier RBR . . 
17 Net JJ income NN more RBR than IN tripled VBD to TO 4.898 CD billion CD yen NNS from IN 1.457 CD billion CD yen NNS a DT year NN earlier JJR . . 
21 Eaton NNP Corp. NNP said VBD it PRP sold VBD its PRP$ Pacific NNP Sierra NNP Research NNP Corp. NNP unit NN to TO a DT company NN formed VBN by IN employees NNS of IN that DT unit NN . . 
5 Terms NNS were VBD n't RB disclosed VBN . . 
22 Pacific NNP Sierra NNP , , based VBN in IN Los NNP Angeles NNP , , has VBZ about RB 200 CD employees NNS and CC supplies VBZ professional JJ services NNS and CC advanced JJ products NNS to TO industry NN . . 
12 Eaton NNP is VBZ an DT automotive JJ parts NNS , , controls NNS and CC aerospace NN electronics NNS concern NN . . 
35 Investor NNP Harold NNP Simmons NNP and CC NL NNP Industries NNP Inc. NNP offered VBD to TO acquire VB Georgia NNP Gulf NNP Corp. NNP for IN $ $ 50 CD a DT share NN , , or CC about RB $ $ 1.1 CD billion CD , , stepping VBG up RP the DT pressure NN on IN the DT commodity NN chemicals NNS concern NN . . 
31 The DT offer NN follows VBZ an DT earlier JJR proposal NN by IN NL NNP and CC Mr. NNP Simmons NNP to TO help VB Georgia NNP Gulf NNP restructure NN or CC go VB private JJ in IN a DT transaction NN that WDT would MD pay VB shareholders NNS $ $ 55 CD a DT share NN . . 
15 Georgia NNP Gulf NNP rebuffed VBD that DT offer NN in IN September NNP and CC said VBD it PRP would MD study VB other JJ alternatives NNS . . 
12 However RB , , it PRP has VBZ n't RB yet RB made VBD any DT proposals NNS to TO shareholders NNS . . 
24 Late RB yesterday NN , , Georgia NNP Gulf NNP said VBD it PRP reviewed VBD the DT NL NNP proposal NN as RB well RB as IN interests NNS from IN `` `` third JJ parties NNS '' '' regarding VBG business NN combinations NNS . . 
31 Georgia NNP Gulf NNP said VBD it PRP has VBZ n't RB eliminated VBN any DT alternatives NNS and CC that IN `` `` discussions NNS are VBP being VBG held VBN with IN interested JJ parties NNS , , and CC work NN is VBZ also RB continuing VBG on IN other JJ various JJ transactions NNS . . '' '' 
5 It PRP did VBD n't RB elaborate VB . . 
31 Analysts NNS saw VBD the DT latest JJS offer NN as RB proof JJ that IN Mr. NNP Simmons NNP , , an DT aggressive JJ and CC persistent JJ investor NN , , wo MD n't RB leave VB Georgia NNP Gulf NNP alone RB until IN some DT kind NN of IN transaction NN is VBZ completed VBN . . 
26 `` `` He PRP has VBZ clamped VBN on IN their PRP$ ankle NN like IN a DT pit NN bull NN , , '' '' says VBZ Paul NNP Leming NNP , , a DT vice NN president NN with IN Morgan NNP Stanley NNP & CC Co NNP . . 
13 `` `` He PRP appears VBZ to TO be VB in IN it PRP for IN the DT long JJ haul NN . . '' '' 
14 Mr. NNP Simmons NNP and CC NL NNP already RB own VB a DT 9.9 CD % NN stake NN in IN Georgia NNP Gulf NNP . . 
17 Mr. NNP Simmons NNP owns VBZ 88 CD % NN of IN Valhi NNP Inc. NNP , , which WDT in IN turn NN owns VBZ two-thirds NNS of IN NL NNP . . 
7 NL NNP is VBZ officially RB making VBG the DT offer NN . . 
39 Mr. NNP Leming NNP was VBD n't RB surprised VBN by IN the DT lower JJR price NN cited VBN by IN NL NNP , , saying VBG he PRP believes VBZ that IN $ $ 55 CD a DT share NN is VBZ `` `` the DT most JJS you PRP can MD pay VB for IN Georgia NNP Gulf NNP before IN it PRP becomes VBZ a DT bad JJ acquisition NN . . '' '' 
43 Georgia NNP Gulf NNP stock NN rose VBD $ $ 1.75 CD a DT share NN yesterday NN to TO close VB at IN $ $ 51.25 CD a DT share NN , , while IN NL NNP shares NNS closed VBD unchanged JJ at IN $ $ 22.75 CD and CC Valhi NNP rose VBD 62.5 CD cents NNS to TO $ $ 15 CD , , all DT in IN New NNP York NNP Stock NNP Exchange NNP composite JJ trading VBG . . 
48 J. NNP Landis NNP Martin NNP , , NL NNP president NN and CC chief JJ executive NN officer NN , , said VBD NL NNP and CC Mr. NNP Simmons NNP cut VBD the DT price NN they PRP were VBD proposing VBG for IN Georgia NNP Gulf NNP because IN they PRP initially RB planned VBD a DT transaction NN that WDT included VBD about RB $ $ 250 CD million CD in IN equity NN and CC a DT substantial JJ amount NN of IN high-yield JJ subordinated VBN debt NN . . 
21 However RB , , the DT junk-bond JJ market NN has VBZ collapsed VBN in IN recent JJ weeks NNS , , lessening VBG the DT likelihood NN that IN such JJ a DT transaction NN would MD succeed VB . . 
27 Now RB , , he PRP said VBD , , the DT group NN plans VBZ to TO put VB in RP `` `` several JJ hundred CD million CD '' '' dollars NNS in IN equity NN and CC finance VB the DT remainder NN with IN bank NN debt NN . . 
39 He PRP also RB said VBD that IN the DT group NN reduced VBD its PRP$ offer NN because IN it PRP was VBD n't RB allowed VBN to TO see VB Georgia NNP Gulf NNP 's POS confidential JJ financial JJ information NN without IN agreeing VBG that IN it PRP would MD n't RB make VB an DT offer NN unless IN it PRP had VBD Georgia NNP Gulf NNP 's POS consent NN . . 
23 In IN a DT letter NN to TO Georgia NNP Gulf NNP President NNP Jerry NNP R. NNP Satrum NNP , , Mr. NNP Martin NNP asked VBD Georgia NNP Gulf NNP to TO answer VB its PRP$ offer NN by IN Tuesday NNP . . 
18 It PRP was VBD n't RB clear JJ how WRB NL NNP and CC Mr. NNP Simmons NNP would MD respond VB if IN Georgia NNP Gulf NNP spurns VBZ them PRP again RB . . 
35 Mr. NNP Martin NNP said VBD they PRP have VBP n't RB yet RB decided VBN what WP their PRP$ next JJ move NN would MD be VB , , but CC he PRP did VBD n't RB rule NN out RP the DT possibility NN of IN a DT consent NN solicitation NN aimed VBN at IN replacing VBG Georgia NNP Gulf NNP 's POS board NN . . 
16 In IN other JJ transactions NNS , , Mr. NNP Simmons NNP has VBZ followed VBN friendly JJ offers NNS with IN a DT hostile NN tender NN offer NN . . 
36 Although IN Georgia NNP Gulf NNP has VBZ n't RB been VBN eager JJ to TO negotiate VB with IN Mr. NNP Simmons NNP and CC NL NNP , , a DT specialty NN chemicals NNS concern NN , , the DT group NN apparently RB believes VBZ the DT company NN 's POS management NN is VBZ interested VBN in IN some DT kind NN of IN transaction NN . . 
31 The DT management NN group NN owns VBZ about RB 18 CD % NN of IN the DT stock NN , , most JJS purchased VBN at IN nominal JJ prices NNS , , and CC would MD stand VB to TO gain VB millions NNS of IN dollars NNS if IN the DT company NN were VBD sold VBN . . 
34 In IN the DT third JJ quarter NN , , Georgia NNP Gulf NNP earned VBD $ $ 46.1 CD million CD , , or CC $ $ 1.85 CD a DT share NN , , down RB from IN $ $ 53 CD million CD , , or CC $ $ 1.85 CD a DT share NN on IN fewer JJR shares NNS outstanding JJ . . 
11 Sales NNS fell VBD to TO $ $ 251.2 CD million CD from IN $ $ 278.7 CD million CD . . 
27 A DT licensing NN company NN representing VBG the DT University NNP of IN Pennsylvania NNP added VBD Johnson NNP & CC Johnson NNP to TO its PRP$ lawsuit NN challenging VBG a DT university NN faculty NN member NN over IN rights NNS to TO Retin-A NNP acne NN medicine NN . . 
43 University NNP Patents NNP Inc. NNP , , based VBN in IN Westport NNP , , Conn. NNP , , said VBD it PRP seeks VBZ Johnson NNP & CC Johnson NNP 's POS profits NNS from IN sales NNS of IN Retin-A NNP , , estimated VBN at IN $ $ 50 CD million CD , , a DT similar JJ amount NN of IN punitive JJ damages NNS and CC the DT right NN to TO license VB Retin-A NNP elsewhere RB . . 
40 In IN May NNP , , University NNP Patents NNP filed VBD a DT suit NN in IN federal JJ court NN in IN Philadelphia NNP against IN Albert NNP M. NNP Kligman NNP , , a DT researcher NN and CC professor NN at IN the DT University NNP of IN Pennsylvania NNP School NNP of IN Medicine NNP who WP developed VBD Retin-A NNP in IN the DT 1960s CD to TO combat VB acne NN . . 
24 Dr. NNP Kligman NNP patented VBD the DT medicine NN while IN employed VBN by IN the DT University NNP , , but CC later JJ licensed VBD the DT Retin-A NNP to TO a DT division NN of IN Johnson NNP & CC Johnson NNP . . 
14 In IN New NNP Brunswick NNP , , N.J. NNP , , a DT Johnson NNP & CC Johnson NNP spokesman NN declined VBD comment NN . . 
19 Criticism NNP in IN the DT U.S. NNP over IN recent JJ Japanese JJ acquisitions NNS is VBZ looming VBG ever RB larger JJR in IN the DT two CD countries NNS ' POS relations NNS . . 
29 Officials NNS from IN both DT nations NNS say VBP the DT U.S. NNP public NN 's POS skittishness NN about IN Japanese JJ investment NN could MD color VB a DT second JJ round NN of IN bilateral JJ economic JJ talks NNS scheduled VBN for IN next JJ week NN in IN Washington NNP . . 
26 Not RB that IN Washington NNP and CC Tokyo NNP disagree VBP on IN the DT Japanese JJ acquisitions NNS ; : indeed RB , , each DT has VBZ come VBN out RP in IN favor NN of IN unfettered JJ investment NN in IN the DT U.S. NNP . . 
14 Where WRB they PRP disagree VBP is VBZ on IN the DT subject NN of IN U.S. NNP direct JJ investment NN in IN Japan NNP . . 
21 The DT U.S. NNP wants VBZ the DT removal NN of IN what WP it PRP perceives VBZ as IN barriers NNS to TO investment NN ; : Japan NNP denies VBZ there EX are VBP real JJ barriers NNS . . 
46 The DT heated JJ talk NN stirred VBD up RP by IN recent JJ Japanese JJ investments NNS in IN the DT U.S. NNP is VBZ focusing VBG attention NN on IN the DT differences NNS in IN investment NN climate NN , , even RB though IN it PRP 's VBZ only RB one CD of IN many JJ subjects NNS to TO be VB covered VBN in IN the DT bilateral JJ talks NNS , , known VBN as IN the DT Structural NNP Impediments NNP Initiative NNP . . 
49 The DT Japanese NNS `` `` should MD see VB this DT rhetoric NN as IN a DT signal NN of IN the DT need NN for IN a DT change NN in IN their PRP$ own JJ economy NN , , '' '' says VBZ Charles NNP Dallara NNP , , U.S. NNP assistant NN Treasury NNP secretary NN , , who WP has VBZ been VBN in IN Tokyo NNP this DT week NN informally RB discussing VBG the DT impending VBG negotiations NNS with IN government NN and CC business NN leaders NNS . . 
18 `` `` We PRP have VBP a DT long JJ history NN of IN maintaining VBG an DT open JJ direct-investment JJ policy NN , , '' '' Mr. NNP Dallara NNP says VBZ . . 
15 `` `` U.S. NNP investors NNS should MD have VB a DT greater JJR opportunity NN at IN direct JJ investment NN '' '' in IN Japan NNP . . 
11 The DT Japanese NNP fret NN openly RB about IN the DT U.S. NNP public NN 's POS rancor NN . . 
42 One CD clear JJ sign NN of IN Japan NNP 's POS nervousness NN came VBD this DT week NN , , when WRB a DT spokesman NN for IN Japan NNP 's POS Foreign NNP Ministry NNP devoted VBD nearly RB all DT of IN a DT regular JJ , , half-hour JJ briefing NN for IN foreign JJ journalists NNS to TO the DT subject NN of IN recent JJ Japanese JJ investments NNS in IN the DT U.S. NNP . . 
41 `` `` We PRP believe VBP that IN it PRP is VBZ vitally RB important JJ for IN those DT Japanese JJ business NN interests NNS -LCB- -LRB- in IN the DT U.S. NNP . . -RCB- -RRB- to TO be VB more RBR aware JJ of IN the DT emotions NNS and CC concerns NNS of IN the DT American JJ people NNS , , '' '' said VBD the DT spokesman NN , , Taizo NNP Watanabe NNP . . 
33 At IN the DT same JJ time NN , , though RB , , he PRP chastised VBD the DT media NN for IN paying VBG such JJ close JJ attention NN to TO Japanese JJ investment NN when WRB other JJ foreign JJ countries NNS , , notably RB Britain NNP , , are VBP acquiring VBG more JJR American JJ assets NNS . . 
58 Fears NNS that IN Japanese JJ investors NNS are VBP buying VBG up RP America NNP have VBP escalated VBN sharply RB in IN the DT past JJ several JJ weeks NNS , , with IN Sony NNP Corp. NNP 's POS purchase NN of IN Columbia NNP Pictures NNP Entertainment NNP Inc. NNP from IN Coca-Cola NNP Co. NNP and CC Mitsubishi NNP Estate NNP Co. NNP 's POS acquisition NN of IN a DT 51 CD % NN holding NN in IN Rockefeller NNP Group NNP , , the DT owner NN of IN some DT of IN midtown NN Manhattan NNP 's POS most RBS exclusive JJ real JJ estate NN . . 
32 Even RB before IN those DT moves NNS added VBD fuel NN , , the DT fires NNS of IN discontent NN had VBD been VBN well RB stoked VBN by IN the DT highly RB publicized VBN experience NN in IN Japan NNP of IN one CD U.S. NNP investor NN , , T. NNP Boone NNP Pickens NNP Jr NNP . . 
25 The DT Texas NNP oilman NN has VBZ acquired VBN a DT 26.2 CD % NN stake NN valued VBN at IN more JJR than IN $ $ 1.2 CD billion CD in IN an DT automotive-lighting JJ company NN , , Koito NNP Manufacturing NNP Co NNP . . 
12 But CC he PRP has VBZ failed VBN to TO gain VB any DT influence NN at IN the DT company NN . . 
32 Koito NNP has VBZ refused VBN to TO grant VB Mr. NNP Pickens NNP seats NNS on IN its PRP$ board NN , , asserting VBG he PRP is VBZ a DT greenmailer NN trying VBG to TO pressure VB Koito NNP 's POS other JJ shareholders NNS into IN buying VBG him PRP out RP at IN a DT profit NN . . 
12 Mr. NNP Pickens NNP made VBD considerable JJ political JJ hay NN with IN his PRP$ troubles NNS in IN Japan NNP . . 
51 The DT Senate NNP Finance NNP Committee NNP , , chaired VBN by IN a DT fellow JJ Texan NN , , Democratic JJ Sen. NNP Lloyd NNP Bentsen NNP , , last JJ month NN urged VBD U.S. NNP Trade NNP Representative NNP Carla NNP Hills NNP to TO use VB Mr. NNP Pickens NNP 's POS experience NN in IN talks NNS with IN Tokyo NNP `` `` to TO highlight VB this DT problem NN facing VBG Americans NNS who WP seek VBP access NN to TO the DT Japanese JJ capital NN markets NNS . . '' '' 
48 While IN Mr. NNP Dallara NNP and CC Japanese NNP officials NNS say VBP the DT question NN of IN investors NNS ' POS access NN to TO the DT U.S. NNP and CC Japanese JJ markets NNS may MD get VB a DT disproportionate JJ share NN of IN the DT public NN 's POS attention NN , , a DT number NN of IN other JJ important JJ economic JJ issues NNS will MD be VB on IN the DT table NN at IN next JJ week NN 's POS talks NNS . . 
19 Among IN them PRP are VBP differences NNS in IN savings NNS and CC investment NN rates NNS , , corporate JJ structures NNS and CC management NN , , and CC government NN spending NN . . 
11 Each DT side NN has VBZ a DT litany NN of IN recommendations NNS for IN the DT other JJ . . 
9 The DT U.S. NNP says VBZ it PRP is VBZ anxious JJ for IN results NNS . . 
33 `` `` We PRP feel VBP very RB strongly RB that IN we PRP really RB need VBP action NN across IN the DT full JJ range NN of IN issues NNS we PRP 've VBP identified VBN , , and CC we PRP need VBP it PRP by IN next JJ spring NN , , '' '' Mr. NNP Dallara NNP says VBZ . . 
26 Both DT sides NNS have VBP agreed VBN that IN the DT talks NNS will MD be VB most RBS successful JJ if IN negotiators NNS start VBP by IN focusing VBG on IN the DT areas NNS that WDT can MD be VB most RBS easily RB changed VBN . . 
10 But CC they PRP have VBP n't RB clarified VBN what WP those DT might MD be VB . . 
29 After IN the DT first JJ set NN of IN meetings NNS two CD months NNS ago RB , , some DT U.S. NNP officials NNS complained VBD that IN Japan NNP had VBD n't RB come VBN up RP with IN specific JJ changes NNS it PRP was VBD prepared VBN to TO make VB . . 
14 The DT Japanese NNS retort NN that IN the DT first JJ round NN was VBD too RB early JJ to TO make VB concessions NNS . . 
25 `` `` Just RB to TO say VB the DT distribution NN system NN is VBZ wrong JJ does VBZ n't RB mean VB anything NN , , '' '' says VBZ a DT Ministry NNP of IN International NNP Trade NNP and CC Industry NNP official NN . . 
13 `` `` We PRP need VBP to TO clarify VB what WP exactly RB is VBZ wrong JJ with IN it PRP . . '' '' 
26 That DT process NN of IN sorting VBG out RP specifics NNS is VBZ likely JJ to TO take VB time NN , , the DT Japanese NNS say VBP , , no DT matter NN how WRB badly RB the DT U.S. NNP wants VBZ quick JJ results NNS . . 
22 For IN instance NN , , at IN the DT first JJ meeting NN the DT two CD sides NNS could MD n't RB even RB agree VB on IN basic JJ data NNS used VBN in IN price NN discussions NNS . . 
22 Since IN then RB , , a DT team NN of IN about RB 15 CD MITI NNP and CC U.S. NNP Commerce NNP Department NNP officials NNS have VBP crossed VBN the DT globe NN gauging VBG consumer NN prices NNS . . 
16 By IN Monday NNP , , they PRP hope VBP to TO have VB a DT sheaf NN of IN documents NNS both DT sides NNS can MD trust VB . . 
15 `` `` Little RB by IN little RB , , there EX is VBZ progress NN , , '' '' says VBZ the DT MITI NNP official NN . . 
8 `` `` Both DT sides NNS are VBP taking VBG action NN . . '' '' 
7 Elisabeth NNP Rubinfien NNP contributed VBD to TO this DT article NN . . 
27 While IN worry NN grows VBZ about IN big JJ Japanese JJ investments NNS in IN the DT U.S. NNP , , Japan NNP 's POS big JJ trading NN companies NNS are VBP rapidly RB increasing VBG their PRP$ stake NN in IN America NNP 's POS smaller JJR business NN . . 
14 For IN Japan NNP , , the DT controversial JJ trend NN improves VBZ access NN to TO American JJ markets NNS and CC technology NN . . 
19 But CC for IN small JJ American JJ companies NNS , , it PRP also RB provides VBZ a DT growing VBG source NN of IN capital NN and CC even RB marketing NN help NN . . 
33 Take VB the DT deal NN with IN Candela NNP Laser NNP Corp. NNP , , a DT Wayland NNP , , Mass. NNP , , manufacturer NN of IN high-tech JJ medical JJ devices NNS , , which WDT three CD years NNS ago RB set VBP its PRP$ sights NNS on IN Japan NNP as IN an DT export NN market NN . . 
35 Partly RB to TO help VB clear VB the DT myriad JJ obstacles NNS facing VBG any DT overseas JJ company NN trying VBG to TO penetrate VB Japan NNP , , tiny JJ Candela NNP turned VBD to TO Mitsui NNP & CC Co. NNP , , one CD of IN Japan NNP 's POS largest JJS trading VBG companies NNS , , for IN investment NN . . 
14 In IN a DT joint-venture JJ deal NN , , Mitsui NNP guided VBD Candela NNP through IN Tokyo NNP 's POS bureaucratic JJ maze NN . . 
27 It PRP eventually RB secured VBD Ministry NNP of IN Health NNP import NN approval NN for IN two CD Candela NNP laser NN products NNS -- : one CD that WDT breaks VBZ up RP kidney NN stones NNS and CC another DT that WDT treats VBZ skin NN lesions NNS . . 
17 At IN last JJ count NN , , Candela NNP had VBD sold VBN $ $ 4 CD million CD of IN its PRP$ medical JJ devices NNS in IN Japan NNP . . 
12 The DT deal NN also RB gave VBD Mitsui NNP access NN to TO a DT high-tech JJ medical JJ product NN . . 
28 `` `` They PRP view VBP this DT as IN a DT growth NN area NN so IN they PRP went VBD about IN it PRP with IN a DT systematic JJ approach NN , , '' '' says VBZ Richard NNP Olsen NNP , , a DT Candela NNP vice NN president NN . . 
27 Indeed RB , , for IN many JJ Japanese JJ trading NN companies NNS , , the DT favorite JJ U.S. NNP small JJ business NN is VBZ one CD whose WP$ research NN and CC development NN can MD be VB milked VBN for IN future JJ Japanese JJ use NN . . 
27 The DT Japanese JJ companies NNS bankroll VBP many JJ small JJ U.S. NNP companies NNS with IN promising JJ products NNS or CC ideas NNS , , frequently RB putting VBG their PRP$ money NN behind IN projects NNS that IN commercial JJ banks NNS wo MD n't RB touch VB . . 
23 Japanese JJ companies NNS have VBP financed VBN small JJ and CC medium-sized JJ U.S. NNP firms NNS for IN years NNS , , but CC in IN recent JJ months NNS , , the DT pace NN has VBZ taken VBN off RP . . 
38 In IN the DT first JJ half NN of IN 1989 CD alone RB , , Japanese JJ corporations NNS invested VBD $ $ 214 CD million CD in IN minority NN positions NNS in IN U.S. NNP companies NNS , , a DT 61 CD % NN rise NN from IN the DT figure NN for IN all DT of IN 1987 CD , , reports VBZ Venture NNP Economics NNP Inc NNP . . 
12 The DT Needham NNP , , Mass. NNP , , concern NN tracks VBZ investments NNS in IN new JJ businesses NNS . . 
19 In IN addition NN , , of IN course NN , , some DT of IN the DT Japanese JJ investments NNS involved VBD outright JJ purchase NN of IN small JJ U.S. NNP firms NNS . . 
31 Heightened JJ Japanese JJ interest NN in IN American JJ small JJ business NN parallels VBZ an DT acceleration NN of IN investments NNS giving VBG Japanese JJ companies NNS control NN of IN large JJ , , highly RB visible JJ U.S. NNP corporations NNS , , such JJ as IN Columbia NNP Pictures NNP Entertainment NNP Inc NNP . . 
30 Only RB this DT week NN , , it PRP was VBD announced VBN that IN Mitsubishi NNP Estate NNP Co. NNP had VBD acquired VBN a DT 51 CD % NN stake NN in IN Rockefeller NNP Group NNP , , which WDT owns VBZ New NNP York NNP 's POS prestigious JJ Rockefeller NNP Center NNP . . 
19 While IN the DT small JJ deals NNS are VBP far RB less RBR conspicuous JJ , , they PRP add VBP to TO Japanese JJ penetration NN of IN the DT U.S. NNP market NN . . 
24 As IN the DT deals NNS also RB improve VBP Japanese JJ access NN to TO American JJ technology NN and CC market NN knowledge NN , , they PRP feed VBP American JJ anxieties NNS in IN this DT area NN , , too RB . . 
21 Even RB a DT low-tech JJ product NN like IN plate NN glass NN can MD catch VB a DT trading NN company NN 's POS fancy NN if IN there EX 's VBZ a DT strategic JJ fit NN . . 
23 Free NNP State NNP Glass NNP Industries NNP of IN Warrenton NNP , , Va. NNP , , a DT small JJ fabricator NN of IN architectural JJ glass NN , , was VBD foundering VBG under IN its PRP$ original JJ management NN . . 
38 Last JJ year NN , , Mitsubishi NNP International NNP Corp. NNP , , the DT New NNP York-based NNP arm NN of IN Mitsubishi NNP Corp. NNP , , bought VBD controlling VBG interest NN in IN the DT glass NN company NN in IN a DT joint JJ venture NN with IN Ronald NNP Bodner NNP , , a DT glass NN industry NN executive NN and CC Mitsubishi NNP consultant NN . . 
32 The DT deal NN is VBZ chiefly RB designed VBN to TO give VB Mitsubishi NNP a DT window NN on IN the DT U.S. NNP glass NN industry NN , , says VBZ Ichiro NNP Wakui NNP , , an DT executive NN in IN Mitsubishi NNP 's POS general JJ merchandise NN department NN in IN New NNP York NNP . . 
18 `` `` It PRP 's VBZ not RB just RB a DT simple JJ investment NN in IN a DT small JJ company NN , , '' '' Mr. NNP Wakui NNP says VBZ . . 
17 `` `` We PRP want VBP to TO see VB the DT glass NN market NN from IN the DT inside NN , , not RB the DT outside NN . . '' '' 
22 Mitsubishi NNS 's POS investment NN in IN Free NNP State NNP is VBZ `` `` very RB small JJ ... : less JJR than IN $ $ 4 CD million CD , , '' '' Mr. NNP Wakui NNP says VBZ . . 
9 Mr. NNP Bodner NNP declines VBZ to TO comment VB on IN the DT arrangement NN . . 
33 Trading NN companies NNS such JJ as IN Mitsubishi NNP , , Mitsui NNP , , C. NNP Itoh NNP & CC Co. NNP and CC Nissho-Iwai NNP Corp. NNP , , which WDT make VBP many JJ of IN the DT Japanese JJ investments NNS in IN small JJ U.S. NNP concerns NNS , , have VBP no DT U.S. NNP counterpart NN . . 
26 These DT vertically RB integrated VBN combines NNS , , some DT of IN which WDT got VBD their PRP$ start NN in IN Japan NNP 's POS feudal JJ period NN , , deal VBP globally RB in IN commodities NNS , , construction NN and CC manufacturing VBG . . 
6 They PRP operate VBP ships NNS and CC banks NNS . . 
39 `` `` All DT the DT `` `` sogo-shosha NN '' '' are VBP looking VBG for IN new JJ business NN , , '' '' says VBZ Arthur NNP Klauser NNP , , adviser NN to TO the DT president NN of IN Mitsui NNP , , U.S.A. NNP , , using VBG the DT Japanese NNP term NN for IN the DT largest JJS of IN the DT global JJ trading VBG houses NNS . . 
29 Adds VBZ Takeshi NNP Kondo NNP , , senior JJ vice NN president NN of IN C. NNP Itoh NNP America NNP Inc. NNP : : `` `` We PRP have VBP a DT great JJ interest NN in IN making VBG investments NNS , , particularly RB in IN new JJ ventures NNS . . '' '' 
17 A DT host NN of IN electronics NNS firms NNS in IN California NNP 's POS Silicon NNP Valley NNP were VBD financed VBN with IN trading-company NN venture NN capital NN . . 
15 Profit NN , , at IN least JJS in IN the DT short JJ term NN , , is VBZ usually RB a DT secondary JJ goal NN . . 
21 `` `` Strategic JJ objectives NNS , , not RB financial JJ return NN , , drive VBP many JJ of IN the DT deals NNS , , '' '' says VBZ a DT Venture NNP Economics NNP spokesman NN . . 
35 In IN investing VBG on IN the DT basis NN of IN future JJ transactions NNS , , a DT role NN often RB performed VBN by IN merchant NN banks NNS , , trading NN companies NNS can MD cut VB through IN the DT logjam NN that IN small-company NN owners NNS often RB face VBP with IN their PRP$ local JJ commercial JJ banks NNS . . 
26 `` `` It PRP 's VBZ the DT classic JJ problem NN of IN the DT small JJ businessman NN , , '' '' says VBZ Malcolm NNP Davies NNP , , managing VBG director NN of IN Trading NNP Alliance NNP Corp. NNP of IN New NNP York NNP . . 
30 `` `` People NNS are VBP queuing VBG at IN the DT door NN to TO take VB his PRP$ product NN but CC he PRP does VBZ n't RB have VB the DT working VBG capital NN to TO make VB the DT thing NN and CC commercial JJ banks NNS are VBP very RB unsympathetic JJ . . 
23 They PRP want VBP assets NNS , , they PRP want VBP a DT balance NN sheet NN , , which WDT has VBZ no DT relation NN to TO the DT business NN a DT company NN can MD generate VB . . '' '' 
34 Adds VBZ Mitsui NNP 's POS Mr. NNP Klauser NNP : : `` `` Unlike IN corporations NNS in IN this DT country NN , , trading NN companies NNS are VBP n't RB so RB much RB interested JJ in IN a DT high JJ return NN on IN investment NN as IN they PRP are VBP on IN increasing VBG trade NN flows NNS . . 
26 To TO the DT extent NN they PRP can MD do VB this DT , , they PRP 're VBP quite RB content JJ to TO get VB a DT return NN on IN investment NN of IN 1 CD % NN to TO 2 CD % NN . . '' '' 
33 Mr. NNP Klauser NNP says VBZ Mitsui NNP has VBZ 75 CD U.S. NNP subsidiaries NNS in IN which WDT it PRP holds VBZ 35 CD % NN interest NN or CC more JJR and CC the DT trading NN company NN hopes VBZ to TO double VB the DT number NN of IN its PRP$ U.S. NNP affiliates NNS in IN 1990 CD . . 
18 Sales NNS by IN these DT subsidiaries NNS in IN the DT fiscal JJ year NN ending VBG last JJ March NNP were VBD more JJR than IN $ $ 17 CD billion CD . . 
21 A DT 1 CD % NN to TO 2 CD % NN return NN on IN $ $ 17 CD billion CD `` `` ai VBP n't RB hay NN , , '' '' Mr. NNP Klauser NNP says VBZ . . 
16 Hudson NNP General NNP Corp. NNP 's POS president NN and CC chief JJ executive NN officer NN , , Alan NNP J. NNP Stearn NNP , , resigned VBD . . 
14 Mr. NNP Stearn NNP , , 46 CD years NNS old JJ , , could MD n't RB be VB reached VBN for IN comment NN . . 
10 A DT company NN spokesman NN declined VBD to TO elaborate VB on IN the DT departure NN . . 
37 Hudson NNP General NNP , , which WDT provides VBZ maintenance NN , , fueling NN and CC other JJ services NNS to TO airlines NNS and CC airports NNS , , reported VBD a DT loss NN for IN its PRP$ most RBS recent JJ fiscal NN year NN and CC last JJ month NN omitted VBD the DT semiannual JJ dividend NN on IN its PRP$ common JJ shares NNS . . 
29 Mr. NNP Stearn NNP , , who WP had VBD been VBN with IN the DT company NN more JJR than IN 20 CD years NNS and CC had VBD been VBN president NN since IN 1984 CD , , will MD act VB as IN a DT consultant NN to TO Hudson NNP General NNP . . 
14 His PRP$ duties NNS as IN chief JJ executive NN will MD be VB assumed VBN by IN Chairman NNP Jay NNP B. NNP Langner NNP . . 
16 For IN 10 CD years NNS , , Genie NNP Driskill NNP went VBD to TO her PRP$ neighborhood NN bank NN because IN it PRP was VBD convenient JJ . . 
29 A DT high-balance JJ customer NN that IN banks NNS pine VBP for RP , , she PRP did VBD n't RB give VB much JJ thought NN to TO the DT rates NNS she PRP was VBD receiving VBG , , nor CC to TO the DT fees NNS she PRP was VBD paying VBG . . 
24 But CC in IN August NNP , , First JJ Atlanta NNP National NNP Bank NNP introduced VBD its PRP$ Crown NNP Account NNP , , a DT package NN designed VBN to TO lure VB customers NNS such JJ as IN Ms. NNP Driskill NNP . . 
27 Among IN other JJ things NNS , , it PRP included VBD checking VBG , , safe JJ deposit NN box NN and CC credit NN card NN -- : all DT for IN free JJ -- : plus RB a DT good JJ deal NN on IN installment NN loans NNS . . 
26 All DT she PRP had VBD to TO do VB was VBD put VB $ $ 15,000 CD in IN a DT certificate NN of IN deposit NN , , or CC qualify VB for IN a DT $ $ 10,000 CD personal JJ line NN of IN credit NN . . 
12 `` `` I PRP deserve VBP something NN for IN my PRP$ loyalty NN , , '' '' she PRP says VBZ . . 
8 She PRP took VBD her PRP$ business NN to TO First NNP Atlanta NNP . . 
13 So IN it PRP goes VBZ in IN the DT competitive JJ world NN of IN consumer NN banking VBG these DT days NNS . . 
26 For IN nearly RB a DT decade NN , , banks NNS have VBP competed VBN for IN customers NNS primarily RB with IN the DT interest NN rates NNS they PRP pay VBP on IN their PRP$ deposits NNS and CC charge VB on IN their PRP$ loans NNS . . 
13 The DT competitive JJ rates NNS were VBD generally RB offset VBN by IN hefty JJ fees NNS on IN various JJ services NNS . . 
11 But CC many JJ banks NNS are VBP turning VBG away RB from IN strict JJ price NN competition NN . . 
25 Instead RB , , they PRP are VBP trying VBG to TO build VB customer NN loyalty NN by IN bundling VBG their PRP$ services NNS into IN packages NNS and CC targeting VBG them PRP to TO small JJ segments NNS of IN the DT population NN . . 
33 `` `` You PRP 're VBP dead JJ in IN the DT water NN if IN you PRP are VBP n't RB segmenting VBG the DT market NN , , '' '' says VBZ Anne NNP Moore NNP , , president NN of IN Synergistics NNP Research NNP Corp. NNP , , a DT bank NN consulting NN firm NN in IN Atlanta NNP . . 
21 NCNB NNP Corp. NNP of IN Charlotte NNP , , N.C. NNP , , recently RB introduced VBN its PRP$ Financial NNP Connections NNP Program NNP aimed VBD at IN young JJ adults NNS just RB starting VBG careers NNS . . 
27 The DT program NN not RB only RB offers VBZ a DT pre-approved JJ car NN loan NN up IN to TO $ $ 18,000 CD , , but CC throws VBZ in RP a DT special JJ cash-flow JJ statement NN to TO help VB in IN saving VBG money NN . . 
51 In IN September NNP , , Union NNP Planters NNP Corp. NNP of IN Memphis NNP , , Tenn. NNP , , launched VBD The DT Edge NNP account NN , , a DT package NN designed VBN for IN the DT `` `` thirtysomething NN '' '' crowd NN with IN services NNS that WDT include VBP a DT credit NN card NN and CC line NN of IN credit NN with IN no DT annual JJ fees NNS , , and CC a DT full JJ percentage NN point NN off RB on IN installment NN loans NNS . . 
39 The DT theory NN : : Such JJ individuals NNS , , many JJ with IN young JJ children NNS , , are VBP in IN their PRP$ prime JJ borrowing VBG years NNS -- : and JJ , , having VBG borrowed VBN from IN the DT bank NN , , they PRP may MD continue VB to TO use VB it PRP for IN other JJ services NNS in IN later JJ years NNS . . 
21 For IN some DT time NN , , banks NNS have VBP been VBN aiming VBG packages NNS at IN the DT elderly JJ , , the DT demographic JJ segment NN with IN the DT highest JJS savings NNS . . 
7 Those DT efforts NNS are VBP being VBG stepped VBD up RP . . 
38 Judie NNP MacDonald NNP , , vice NN president NN of IN retail JJ sales NNS at IN Barnett NNP Banks NNP Inc. NNP of IN Jacksonville NNP , , Fla. NNP , , says VBZ the DT company NN now RB targets VBZ sub-segments NNS within IN the DT market NN by IN tailoring VBG its PRP$ popular JJ Seniors NNP Partners NNP Program NNP to TO various JJ life NN styles NNS . . 
17 `` `` Varying JJ age NN , , geography NN and CC life-style NN differences NNS create VBP numerous JJ sub-markets NNS , , '' '' Ms. NNP MacDonald NNP says VBZ . . 
30 She PRP says VBZ individual JJ Barnett NNP branches NNS can MD add VB different JJ benefits NNS to TO their PRP$ Seniors NNP Partners NNP package NN -- : such JJ as IN athletic JJ activities NNS or CC travel NN clubs NNS -- : to JJ appeal NN to TO local JJ market NN interests NNS . . 
34 `` `` An DT active JJ 55-year-old NN in IN Boca NNP Raton NNP may MD care VB more RBR about IN Senior NNP Olympic NNP games NNS , , while IN a DT 75-year-old CD in IN Panama NNP City NNP may MD care VB more RBR about IN a DT seminar NN on IN health NN , , '' '' she PRP says VBZ . . 
6 Banks NNS have VBP tried VBN packaging VBG before RB . . 
36 In IN 1973 CD , , Wells NNP Fargo NNP & CC Co. NNP of IN San NNP Francisco NNP launched VBD the DT Gold NNP Account NNP , , which WDT included VBD free JJ checking NN , , a DT credit NN card NN , , safe-deposit JJ box NN and CC travelers NNS checks NNS for IN a DT $ $ 3 CD monthly JJ fee NN . . 
16 The DT concept NN begot VBD a DT slew NN of IN copycats NNS , , but CC the DT banks NNS stopped VBD promoting VBG the DT packages NNS . . 
7 One CD big JJ reason NN : : thin JJ margins NNS . . 
26 Many JJ banks NNS , , particularly RB smaller JJR ones NNS , , were VBD slow JJ to TO computerize VB and CC could MD n't RB target VB market NN niches NNS that WDT would MD have VB made VBN the DT programs NNS more RBR profitable JJ . . 
20 As IN banks NNS ' POS earnings NNS were VBD squeezed VBN in IN the DT mid-1970s CD , , the DT emphasis NN switched VBN to TO finding VBG ways NNS to TO cut VB costs NNS . . 
18 But CC now RB computers NNS are VBP enabling VBG more JJR banks NNS to TO analyze VB their PRP$ customers NNS by IN age NN , , income NN and CC geography NN . . 
22 They PRP are VBP better RBR able JJ to TO get VB to TO those DT segments NNS in IN the DT wake NN of IN the DT deregulation NN that WDT began VBD in IN the DT late JJ 1970s CD . . 
29 Deregulation NN has VBZ effectively RB removed VBN all DT restrictions NNS on IN what WP banks NNS can MD pay VB for IN deposits NNS , , as RB well RB as IN opened VBN up RP the DT field NN for IN new JJ products NNS such JJ as IN high-rate JJ CDs NNS . . 
34 Where WRB a DT bank NN once RB offered VBD a DT standard JJ passbook NN savings NNS account NN , , it PRP began VBD offering VBG money-market JJ accounts NNS , , certificates NNS of IN deposit NN and CC interest-bearing JJ checking NN , , and CC staggering JJ rates NNS based VBN on IN the DT size NN of IN deposits NNS . . 
33 The DT competition NN has VBZ grown VBN more RBR intense JJ as IN bigger JJR banks NNS such JJ as IN Norwest NNP Corp. NNP of IN Minneapolis NNP and CC Chemical NNP Banking NNP Corp. NNP of IN New NNP York NNP extend VBP their PRP$ market-share JJ battles NNS into IN small JJ towns NNS across IN the DT nation NN . . 
33 `` `` Today NN , , a DT banker NN is VBZ worrying VBG about IN local JJ , , regional JJ and CC money-center JJ -LCB- -LRB- banks NNS -RCB- -RRB- , , as RB well RB as IN thrifts NNS and CC credit NN unions NNS , , '' '' says VBZ Ms. NNP Moore NNP at IN Synergistics NNP Research NNP . . 
22 `` `` So IN people NNS who WP were VBD n't RB even RB thinking VBG about IN targeting VBG 10 CD years NNS ago RB are VBP scrambling VBG to TO define VB their PRP$ customer NN base NN . . '' '' 
9 The DT competition NN has VBZ cultivated VBN a DT much RB savvier JJR consumer NN . . 
32 `` `` The DT average JJ household NN will MD spread VB 19 CD accounts NNS over IN a DT dozen NN financial JJ institutions NNS , , '' '' says VBZ Michael NNP P. NNP Sullivan NNP , , who WP runs VBZ his PRP$ own JJ bank NN consulting NN firm NN in IN Charlotte NNP , , N.C NNP . . 
15 `` `` This DT much JJ fragmentation NN makes VBZ attracting VBG and CC keeping VBG today NN 's POS rate-sensitive JJ customers NNS costly JJ . . '' '' 
17 Packages NNS encourage VBP loyalty NN by IN rewarding VBG customers NNS for IN doing VBG the DT bulk NN of IN their PRP$ banking NN in IN one CD place NN . . 
24 For IN their PRP$ troubles NNS , , the DT banks NNS get VBP a DT larger JJR captive NN audience NN that WDT is VBZ less RBR likely JJ to TO move VB at IN the DT drop NN of IN a DT rate NN . . 
33 The DT more JJR accounts NNS customers NNS have VBP , , Mr. NNP Sullivan NNP says VBZ , , the DT more RBR likely JJ they PRP are VBP to TO be VB attracted VBN to TO a DT package NN -- : and NN to TO be VB loyal JJ to TO the DT bank NN that WDT offers VBZ it PRP . . 
21 That DT can MD pay VB off RP down IN the DT road NN as IN customers NNS , , especially RB the DT younger JJR ones NNS , , change VBP from IN borrowers NNS to TO savers\/investors NNS . . 
5 Packaging NN has VBZ some DT drawbacks NNS . . 
13 The DT additional JJ technology NN , , personnel NNS training NN and CC promotional JJ effort NN can MD be VB expensive JJ . . 
35 Chemical NNP Bank NNP spent VBD more JJR than IN $ $ 50 CD million CD to TO introduce VB its PRP$ ChemPlus NNP line NN , , several JJ packages NNS aimed VBN at IN different JJ segments NNS , , in IN 1986 CD , , according VBG to TO Thomas NNP Jacob NNP , , senior JJ vice NN president NN of IN marketing NN . . 
22 `` `` It PRP 's VBZ not RB easy JJ to TO roll VB out RP something NN that RB comprehensive JJ , , and CC make VB it PRP pay VB , , '' '' Mr. NNP Jacob NNP says VBZ . . 
23 Still RB , , bankers NNS expect VBP packaging NN to TO flourish VB , , primarily RB because IN more JJR customers NNS are VBP demanding VBG that IN financial JJ services NNS be VB tailored VBN to TO their PRP$ needs NNS . . 
25 `` `` These DT days NNS , , banking NN customers NNS walk VBP in IN the DT door NN expecting VBG you PRP to TO have VB a DT package NN especially RB for IN them PRP , , '' '' Ms. NNP Moore NNP says VBZ . . 
24 Some DT banks NNS are VBP already RB moving VBG in IN that DT direction NN , , according VBG to TO Alvin NNP T. NNP Sale NNP , , marketing NN director NN at IN First NNP Union NNP Corp. NNP in IN Charlotte NNP . . 
14 First NNP Union NNP , , he PRP says VBZ , , now RB has VBZ packages NNS for IN seven CD customer NN groups NNS . . 
9 Soon RB , , it PRP will MD split VB those DT into IN 30 CD . . 
29 Says VBZ Mr. NNP Sale NNP : : `` `` I PRP think VBP more JJR banks NNS are VBP starting VBG to TO realize VB that IN we PRP have VBP to TO be VB more JJR like IN the DT department NN store NN , , not RB the DT boutique NN . . '' '' 
2 IRAs NNS . . 
28 SHAREDATA NNP Inc. NNP said VBD it PRP will MD amend VB a DT registration NN statement NN filed VBN with IN the DT Securities NNP and CC Exchange NNP Commission NNP to TO delete VB a DT plan NN to TO sell VB 500,000 CD newly RB issued VBN common JJ shares NNS . . 
30 The DT Chandler NNP , , Ariz. NNP , , company NN said VBD it PRP will MD resubmit VB the DT registration NN to TO cover VB only RB the DT 2.3 CD million CD warrants NNS , , each DT exercisable JJ for IN the DT purchase NN of IN one CD common JJ share NN . . 
11 Currently NNP , , ShareData NNP has VBZ about RB 4.1 CD million CD common JJ shares NNS outstanding JJ . . 
14 ShareData NNP develops VBZ and CC markets VBZ low-cost JJ software NN , , peripheral JJ equipment NN and CC accessories NNS for IN computers NNS . . 
11 Five CD things NNS you PRP can MD do VB for IN $ $ 15,000 CD or CC less JJR : : 
7 1 LS . . Buy VB a DT new JJ Chevrolet NNP . . 
7 2 LS . . Take VB a DT Hawaiian JJ vacation NN . . 
9 3 LS . . Send VB your PRP$ child NN to TO a DT university NN . . 
7 4 LS . . Buy VB a DT diamond NN necklace NN . . 
22 5 LS . . Make VB a DT lasting JJ difference NN in IN the DT regulatory JJ life NN of IN an DT American JJ savings-and-loan JJ association NN through IN the DT Foster NNP Corporate NNP Parents NNP Plan NNP . . 
17 Americans NNS today NN spend VBP $ $ 15,000 CD like IN pocket NN change NN -- : they PRP do VBP n't RB think VB much JJ about IN it PRP . . 
27 But CC for IN an DT ailing VBG savings-and-loan JJ association NN -- : teetering VBG on IN insolvency NN -- : it PRP can MD lead VB to TO safety NN from IN imminent JJ demise NN and CC to TO a DT future NN full JJ of IN promise NN . . 
21 Your PRP$ $ $ 15,000 CD will MD help VB keep VB a DT needy JJ savings NNS and CC loan NN solvent JJ -- : and CC out IN of IN the DT federal JJ budget NN deficit NN . . 
20 As IN a DT Foster NNP Corporate NNP Parent NNP , , you PRP 'll MD be VB helping VBG a DT neighborhood NN S&L NN in IN areas NNS crucial JJ to TO its PRP$ survival NN . . 
5 Like IN healthy JJ regulatory JJ capital NN . . 
5 A DT steady JJ deposit NN base NN . . 
3 Performing VBG loans NNS . . 
32 At IN the DT same JJ time NN , , you PRP 'll MD give VB your PRP$ Foster NNP Savings NNP Institution NNP the DT gift NN of IN hope NN and CC freedom NN from IN the DT federal JJ regulators NNS who WP want VBP to TO close VB its PRP$ doors NNS -- : for IN good NN . . 
39 As IN a DT Foster NNP Corporate NNP Parent NNP , , you PRP will MD experience VB the DT same JJ joy NN felt VBD by IN Robert NNP Bass NNP , , Lewis NNP Ranieri NNP , , William NNP Simon NNP and CC others NNS , , who WP find VBP ways NNS to TO help VB troubled VBN savings NNS institutions NNS and CC their PRP$ employees NNS help VB themselves PRP . . 
15 That DT builds VBZ confidence NN , , self NN sufficiency NN , , not RB to TO mention VB critical JJ regulatory JJ net NN worth NN . . 
12 Do VBP n't RB wait VB -- : a DT savings NNS institution NN needs VBZ your PRP$ help NN now RB ! . 
20 Every DT day NN you PRP delay VBP , , a DT savings NN institution NN 's POS health NN -- : and CC the DT federal JJ budget NN deficit NN -- : grows VBZ worse JJR . . 
29 Think VB about IN the DT good NN you PRP can MD do VB for IN just RB $ $ 15,000 CD a DT month NN , , about RB the DT cost NN of IN a DT mid-size JJ Chevrolet NNP or CC two CD semesters NNS at IN a DT state NN university NN . . 
23 Then RB send VB your PRP$ support NN to TO a DT savings NN institution NN that WDT has VBZ taken VBN a DT bad JJ rap NN in IN the DT press NN and CC on IN its PRP$ bottom JJ line NN . . 
31 Every DT $ $ 15,000 CD you PRP send VBP will MD go VB a DT long JJ way NN to TO boost VB sagging VBG net JJ worth NN and CC employee NN morale NN -- : and CC keep VB your PRP$ Foster NNP Savings NNP Institution NNP off IN the DT federal JJ budget NN deficit NN ! . 
9 Mr. NNP Baris NNP is VBZ a DT lawyer NN in IN New NNP York NNP . . 
21 The DT Chicago NNP Mercantile NNP Exchange NNP said VBD it PRP plans VBZ to TO institute VB an DT additional JJ `` `` circuit NN breaker NN '' '' aimed VBN at IN stemming VBG market NN slides NNS . . 
28 Separately NNP , , John NNP Phelan NNP told VBD a DT closed VBN House NNP subcommittee NN meeting NN in IN Washington NNP that IN he PRP would MD support VB Securities NNP and CC Exchange NNP Commission NNP halts NNS of IN program NN trading NN during IN market NN emergencies NNS . . 
31 But CC the DT New NNP York NNP Stock NNP Exchange NNP chairman NN said VBD he PRP does VBZ n't RB support VB reinstating VBG a DT `` `` collar NN '' '' on IN program NN trading NN , , arguing VBG that IN firms NNS could MD get VB around IN such JJ a DT limit NN . . 
45 The DT Chicago NNP Merc NNP said VBD a DT new JJ one-hour JJ price NN limit NN would MD take VB effect NN in IN its PRP$ Standard NNP & CC Poor NNP 's POS 500 CD stock-index NN futures NNS pit NN once RB S&P NNP 500 CD futures NNS fell VBD 20 CD index NN points NNS -- : the DT equivalent NN of IN about RB a DT 150-point JJ drop NN in IN the DT Dow NNP Jones NNP Industrial NNP Average NNP . . 
28 If IN the DT 20-point JJ limit NN is VBZ triggered VBN after IN 1:30 CD p.m RB . . Chicago NNP time NN , , it PRP would MD remain VB in IN effect NN until IN the DT normal JJ close NN of IN trading VBG at IN 3:15 CD p.m RB . . 
27 With IN the DT limit NN in IN effect NN , , members NNS would MD be VB able JJ to TO execute VB trades NNS at IN the DT limit NN price NN or CC at IN higher JJR prices NNS , , but CC not RB below IN it PRP . . 
44 The DT exchange NN said VBD it PRP decided VBD a DT new JJ circuit NN breaker NN was VBD needed VBN following VBG a DT review NN of IN the DT tumultuous JJ trading VBG in IN stocks NNS and CC stock-index JJ futures NNS on IN Friday NNP Oct. NNP 13 CD , , when WRB the DT Dow NNP Jones NNP industrials NNS plunged VBD 190 CD points NNS and CC stock-index JJ futures NNS prices NNS skidded VBD as RB well RB . . 
35 Late RB that DT afternoon NN the DT S&P NNP 500 CD stock-index JJ futures NNS contract NN fell VBD a DT total NN of IN 30 CD index NN points NNS , , hitting VBG a DT Merc NNP circuit NN breaker NN limit NN that WDT remained VBD in IN effect NN for IN the DT rest NN of IN the DT trading NN session NN . . 
40 The DT Merc NNP said VBD that IN its PRP$ existing VBG 30-minute JJ , , 12-point JJ limit NN on IN S&P NNP 500 CD stock-index JJ futures NNS trading NN -LRB- -LRB- equal JJ to TO about RB 100 CD points NNS on IN the DT Dow NNP Jones NNP industrials NNS -RRB- -RRB- , , which WDT was VBD triggered VBN Oct. NNP 13 CD , , will MD remain VB in IN effect NN . . 
22 Leo NNP Melamed NNP , , Merc NNP executive NN committee NN chairman NN , , said VBD that IN the DT 12-point JJ limit NN appeared VBD to TO lessen VB the DT selling NN panic NN Oct. NNP 13 CD . . 
42 But CC when WRB the DT contract NN reopened VBD , , the DT subsequent JJ flood NN of IN sell NN orders NNS that WDT quickly RB knocked VBD the DT contract NN down RP to TO the DT 30-point JJ limit NN indicated VBD that IN the DT intermediate JJ limit NN of IN 20 CD points NNS was VBD needed VBN to TO help VB keep VB stock NN and CC stock-index JJ futures NNS prices NNS synchronized VBN . . 
30 Several JJ traders NNS maintained VBD that IN the DT Merc NNP 's POS 12-point JJ circuit-breaker NN aggravated VBD the DT market NN slide NN Oct. NNP 13 CD by IN directing VBG additional JJ selling VBG pressure NN to TO the DT floor NN of IN the DT New NNP York NNP Stock NNP Exchange NNP . . 
13 All DT of IN the DT changes NNS require VBP regulatory JJ approval NN , , which WDT is VBZ expected VBN shortly RB . . 
44 The DT exchange NN also RB said VBD that IN the DT 30-point JJ circuit NN breaker NN , , which WDT currently RB provides VBZ only RB a DT one-hour JJ respite NN during IN market NN sell-offs NNS , , will MD become VB the DT maximum NN one-day JJ limit NN for IN the DT S&P NNP 500 CD stock-index JJ futures NNS contract NN ; : the DT one-day JJ limit NN now RB is VBZ 50 CD index NN points NNS . . 
14 A DT final JJ modification NN was VBD made VBN to TO the DT five-point JJ opening VBG limit NN for IN the DT contract NN . . 
18 The DT Merc NNP said VBD that DT five-point JJ limit NN will MD remain VB in IN effect NN for IN the DT first JJ 10 CD minutes NNS of IN trading NN . . 
22 The DT limit NN lapses VBZ under IN current JJ exchange NN rules NNS if IN contracts NNS trade VBP above IN the DT limit NN price NN during IN the DT opening VBG 10 CD minutes NNS of IN trading NN . . 
39 In IN Washington NNP , , House NNP aides NNS said VBD Mr. NNP Phelan NNP told VBD congressmen NNS that IN the DT collar NN , , which WDT banned VBD program NN trades NNS through IN the DT Big NNP Board NNP 's POS computer NN when WRB the DT Dow NNP Jones NNP Industrial NNP Average NNP moved VBD 50 CD points NNS , , did VBD n't RB work VB well RB . . 
14 He PRP said VBD that IN firms NNS could MD get VB around IN the DT collar NN by IN executing VBG trades NNS manually RB . . 
50 In IN a DT post-hearing JJ news NN conference NN , , Mr. NNP Phelan NNP , , who WP has VBZ publicly RB expressed VBN concern NN about IN market NN volatility NN , , said VBD he PRP told VBD the DT House NNP finance NN and CC telecommunications NNS subcommittee NN that IN he PRP would MD support VB the DT program-trading JJ halt NN proposal NN `` `` providing VBG the DT SEC NNP would MD be VB comfortable JJ with IN the DT language NN '' '' in IN a DT bill NN . . 
37 The DT program-trading JJ issue NN is VBZ heating VBG up RP on IN Capitol NNP Hill NNP as IN it PRP is VBZ on IN Wall NNP Street NNP , , and CC several JJ legislators NNS want VB to TO grant VB the DT SEC NNP the DT power NN to TO shut VB off RP the DT programs NNS when WRB trading VBG becomes VBZ too RB volatile JJ . . 
31 SEC NNP Chairman NNP Richard NNP Breeden NNP has VBZ said VBD he PRP would MD be VB willing JJ to TO consider VB circuit NN breakers NNS that WDT have VBP preset JJ trigger NN points NNS , , but CC he PRP does VBZ n't RB want VB discretionary JJ power NN to TO stop VB programs NNS . . 
34 A DT House NNP aide NN suggested VBD that IN Mr. NNP Phelan NNP was VBD so RB `` `` vague JJ and CC mushy JJ '' '' that IN it PRP was VBD the DT kind NN of IN meeting NN where WRB people NNS of IN all DT viewpoints NNS could MD `` `` come VB out RB feeling VBG good JJ . . '' '' 
36 At IN one CD point NN , , Mr. NNP Phelan NNP angered VBD the DT subcommittee NN 's POS chairman NN , , Rep. NNP Edward NNP Markey NNP -LRB- -LRB- D. NNP , , Mass. NNP -RRB- -RRB- , , by IN not RB going VBG much RB beyond IN what WP already RB had VBD been VBN reported VBN in IN the DT morning NN newspapers NNS . . 
23 `` `` Markey NNP said VBD we PRP could MD have VB done VBN this DT in IN public NN '' '' because IN so RB little RB sensitive JJ information NN was VBD disclosed VBN , , the DT aide NN said VBD . . 
22 Mr. NNP Phelan NNP then RB responded VBD that IN he PRP would MD have VB been VBN happy JJ just RB writing VBG a DT report NN to TO the DT panel NN , , the DT aide NN added VBD . . 
25 At IN another DT point NN during IN the DT hearing NN , , Rep. NNP Markey NNP asked VBD Mr. NNP Phelan NNP what WP would MD be VB discussed VBN at IN a DT New NNP York NNP exchange NN board NN meeting NN today NN . . 
14 Mr. NNP Phelan NNP said VBD the DT Big NNP Board NNP is VBZ likely JJ to TO study VB the DT program-trading JJ issue NN . . 
35 That DT response NN annoyed VBD Rep. NNP Markey NNP , , House NNP aides NNS said VBD , , and CC the DT congressman NN snapped VBD back RP that IN there EX had VBD been VBN enough JJ studies NNS of IN the DT issue NN and CC that IN it PRP was VBD time NN for IN action NN on IN the DT matter NN . . 
45 Fifteen CD of IN the DT 26 CD subcommittee NN members NNS attended VBD the DT hearing NN , , most RBS notably RB Rep. NNP John NNP Dingell NNP -LRB- -LRB- D. NNP , , Mich. NNP -RRB- -RRB- , , the DT full JJ House NNP Energy NNP and CC Commerce NNP Committee NNP chairman NN , , who WP has VBZ been VBN willing JJ to TO let VB Mr. NNP Markey NNP carry VB the DT legislation NN in IN recent JJ months NNS . . 
24 Mr. NNP Dingell NNP expressed VBD concern NN , , sources NNS said VBD , , about IN jurisdictional JJ problems NNS in IN regulating VBG program NN trading NN , , which WDT uses VBZ futures NNS to TO offset VB stock NN trades NNS . . 
22 The DT futures NNS industry NN is VBZ regulated VBN by IN the DT Commodity NNP Futures NNP Trading NNP Commission NNP , , which WDT reports VBZ to TO the DT Agriculture NNP committees NNS in IN both DT houses NNS . . 
25 The DT art NN of IN change-ringing NN is VBZ peculiar JJ to TO the DT English NNS , , and CC , , like IN most JJS English JJ peculiarities NNS , , unintelligible JJ to TO the DT rest NN of IN the DT world NN . . 
10 -- : Dorothy NNP L. NNP Sayers NNP , , `` `` The DT Nine CD Tailors NNP '' '' 
3 ASLACTON NNP , , England NNP 
40 -- : Of IN all DT scenes NNS that WDT evoke VBP rural JJ England NNP , , this DT is VBZ one CD of IN the DT loveliest JJS : : An DT ancient JJ stone NN church NN stands VBZ amid IN the DT fields NNS , , the DT sound NN of IN bells NNS cascading VBG from IN its PRP$ tower NN , , calling VBG the DT faithful NN to TO evensong NN . . 
22 The DT parishioners NNS of IN St. NNP Michael NNP and CC All DT Angels NNPS stop VBP to TO chat VB at IN the DT church NN door NN , , as IN members NNS here RB always RB have VBP . . 
25 In IN the DT tower NN , , five CD men NNS and CC women NNS pull VBP rhythmically RB on IN ropes NNS attached VBN to TO the DT same JJ five CD bells NNS that WDT first RB sounded VBD here RB in IN 1614 CD . . 
31 But CC there EX is VBZ also RB a DT discordant JJ , , modern JJ note NN in IN Aslacton NNP , , though IN it PRP ca MD n't RB be VB heard VBN by IN the DT church-goers NNS enjoying VBG the DT peal NN of IN bells NNS this DT cool JJ autumn NN evening NN . . 
36 Like IN most JJS of IN the DT other JJ 6,000 CD churches NNS in IN Britain NNP with IN sets NNS of IN bells NNS , , St. NNP Michael NNP once RB had VBD its PRP$ own JJ `` `` band NN '' '' of IN ringers NNS , , who WP would MD herald VB every DT Sunday NNP morning NN and CC evening NN service NN . . 
12 Now RB , , only RB one CD local JJ ringer NN remains VBZ : : 64-year-old JJ Derek NNP Hammond NNP . . 
7 The DT others NNS here RB today NN live VBP elsewhere RB . . 
43 They PRP belong VBP to TO a DT group NN of IN 15 CD ringers NNS -- : including VBG two CD octogenarians NNS and CC four CD youngsters NNS in IN training NN -- : who WP drive VBP every DT Sunday NNP from IN church NN to TO church NN in IN a DT sometimes-exhausting JJ effort NN to TO keep VB the DT bells NNS sounding VBG in IN the DT many JJ belfries NNS of IN East NNP Anglia NNP . . 
26 `` `` To TO ring VB for IN even RB one CD service NN at IN this DT tower NN , , we PRP have VBP to TO scrape VB , , '' '' says VBZ Mr. NNP Hammond NNP , , a DT retired VBN water-authority NN worker NN . . 
25 `` `` We PRP 've VBP tried VBD to TO train VB the DT youngsters NNS , , but CC they PRP have VBP their PRP$ discos NNS and CC their PRP$ dances NNS , , and CC they PRP just RB drift VBP away RB . . '' '' 
27 Mr. NNP Hammond NNP worries VBZ that IN old JJ age NN and CC the DT flightiness NN of IN youth NN will MD diminish VB the DT ranks NNS of IN the DT East JJ Anglian JJ group NN that WDT keeps VBZ the DT Aslacton NNP bells NNS pealing VBG . . 
11 History NN , , after IN all DT , , is VBZ not RB on IN his PRP$ side NN . . 
33 According VBG to TO a DT nationwide JJ survey NN taken VBN a DT year NN ago RB , , nearly RB a DT third JJ of IN England NNP 's POS church NN bells NNS are VBP no RB longer RBR rung VBN on IN Sundays NNS because IN there EX is VBZ no DT one CD to TO ring VB them PRP . . 
14 It PRP is VBZ easy JJ to TO see VB why WRB the DT ancient JJ art NN is VBZ on IN the DT ropes NNS . . 
32 The DT less RBR complicated JJ version NN of IN playing VBG tunes NNS on IN bells NNS , , as IN do VB the DT carillons NNS of IN continental JJ Europe NNP , , is VBZ considered VBN by IN the DT English NNP to TO be VB childish JJ , , fit JJ only RB for IN foreigners NNS . . 
30 Change-ringing NN , , a DT mind-boggling JJ exercise NN the DT English NNP invented VBD 380 CD years NNS ago RB , , requires VBZ physical JJ dexterity NN -- : some DT bells NNS weigh VBP more JJR than IN a DT ton NN -- : combined VBN with IN intense JJ mental JJ concentration NN . . 
35 Proper JJ English JJ bells NNS are VBP started VBN off RP in IN `` `` rounds NNS , , '' '' from IN the DT highest-pitched JJ bell NN to TO the DT lowest JJS -- : a DT simple JJ descending VBG scale NN using VBG , , in IN larger JJR churches NNS , , as RB many JJ as IN 12 CD bells NNS . . 
26 Then RB , , at IN a DT signal NN , , the DT ringers NNS begin VBP varying VBG the DT order NN in IN which WDT the DT bells NNS sound VBP without IN altering VBG the DT steady JJ rhythm NN of IN the DT striking JJ . . 
15 Each DT variation NN , , or CC change NN , , can MD occur VB only RB once RB , , the DT rules NNS state VBP . . 
25 Ringers NNS memorize VBP patterns NNS of IN changes NNS , , known VBN as IN `` `` methods NNS , , '' '' which WDT have VBP odd-sounding JJ names NNS like IN Kent NNP Treble NNP Bob NNP Major NNP or CC Grandsire NNP Caters NNP . . 
18 A DT series NN of IN 5,000 CD or CC so RB changes NNS is VBZ a DT `` `` peal NN '' '' and CC takes VBZ about RB three CD hours NNS . . 
26 A DT look NN at IN a DT Thursday NNP night NN practice NN at IN St. NNP Mary NNP Abbot NNP church NN in IN the DT Kensington NNP district NN of IN London NNP gives VBZ an DT idea NN of IN the DT work NN involved VBN . . 
39 Ten CD shirt-sleeved JJ ringers NNS stand VBP in IN a DT circle NN , , one CD foot NN ahead RB of IN the DT other JJ in IN a DT prize-fighter NN 's POS stance NN , , each DT pulling VBG a DT rope NN that WDT disappears VBZ through IN a DT small JJ hole NN in IN the DT high JJ ceiling NN of IN the DT ringing NN chamber NN . . 
26 No DT one PRP speaks VBZ , , and CC the DT snaking VBG of IN the DT ropes NNS seems VBZ to TO make VB as IN much JJ sound NN as IN the DT bells NNS themselves PRP , , muffled VBN by IN the DT ceiling NN . . 
31 Totally RB absorbed VBN , , the DT ringers NNS stare VBP straight RB ahead RB , , using VBG peripheral JJ vision NN -LRB- -LRB- they PRP call VBP it PRP `` `` rope-sight NN '' '' -RRB- -RRB- to TO watch VB the DT other JJ ropes NNS and CC thus RB time VB their PRP$ pulls NNS . . 
37 Far RB above RB in IN the DT belfry NN , , the DT huge JJ bronze NN bells NNS , , mounted VBN on IN wheels NNS , , swing VBP madly RB through IN a DT full JJ 360 CD degrees NNS , , starting VBG and CC ending VBG , , surprisingly RB , , in IN the DT inverted JJ , , or CC mouth-up JJ position NN . . 
27 Skilled JJ ringers NNS use VBP their PRP$ wrists NNS to TO advance VB or CC retard VB the DT next JJ swing NN , , so RB that IN one CD bell NN can MD swap VB places NNS with IN another DT in IN the DT following JJ change NN . . 
33 In IN a DT well-known JJ detective-story NN involving VBG church NN bells NNS , , English JJ novelist NN Dorothy NNP L. NNP Sayers NNP described VBD ringing VBG as IN a DT `` `` passion NN -LCB- -LRB- that DT -RCB- -RRB- finds VBZ its PRP$ satisfaction NN in IN mathematical JJ completeness NN and CC mechanical JJ perfection NN . . '' '' 
21 Ringers NNS , , she PRP added VBD , , are VBP `` `` filled VBN with IN the DT solemn JJ intoxication NN that WDT comes VBZ of IN intricate JJ ritual NN faultlessly RB performed VBN . . '' '' 
32 `` `` Ringing NN does VBZ become VB a DT bit NN of IN an DT obsession NN , , '' '' admits VBZ Stephanie NNP Pattenden NNP , , master NN of IN the DT band NN at IN St. NNP Mary NNP Abbot NNP and CC one CD of IN England NNP 's POS best JJS female NN ringers NNS . . 
13 It PRP is VBZ a DT passion NN that WDT usually RB stays VBZ in IN the DT tower NN , , however RB . . 
20 More RBR often RB than IN not RB , , ringers NNS think VBP of IN the DT church NN as IN something NN stuck VBD on IN the DT bottom NN of IN the DT belfry NN . . 
30 When WRB their PRP$ changes NNS are VBP completed VBN , , and CC after IN they PRP have VBP worked VBN up RP a DT sweat NN , , ringers NNS often RB skip VBP off RP to TO the DT local JJ pub NN , , leaving VBG worship NN for IN others NNS below RB . . 
9 This DT does VBZ not RB sit VB well RB with IN some DT clerics NNS . . 
24 With IN membership NN of IN the DT Church NNP of IN England NNP steadily RB dwindling VBG , , strong-willed JJ vicars NNS are VBP pressing VBG equally RB strong-willed JJ and CC often RB non-religious JJ ringers NNS to TO attend VB services NNS . . 
44 Two CD years NNS ago RB , , the DT Rev. NNP Jeremy NNP Hummerstone NNP , , vicar NN of IN Great NNP Torrington NNP , , Devon NNP , , got VBD so RB fed VBN up RP with IN ringers NNS who WP did VBD n't RB attend VB service NN he PRP sacked VBD the DT entire JJ band NN ; : the DT ringers NNS promptly RB set VBN up RP a DT picket NN line NN in IN protest NN . . 
23 `` `` They PRP were VBD a DT self-perpetuating JJ club NN that WDT treated VBD the DT tower NN as IN sort NN of IN a DT separate JJ premises NN , , '' '' the DT Vicar NNP Hummerstone NNP says VBZ . . 
19 An DT entirely RB new JJ band NN rings VBZ today NN at IN Great JJ Torrington NNP , , several JJ of IN whom WP are VBP members NNS of IN the DT congregation NN . . 
17 But CC there EX still RB are VBP n't RB enough JJ ringers NNS to TO ring VB more JJR than IN six CD of IN the DT eight CD bells NNS . . 
22 At IN St. NNP Mary NNP 's POS Church NNP in IN Ilminster NNP , , Somerset NNP , , the DT bells NNS have VBP fallen VBN silent JJ following VBG a DT dust-up NN over IN church NN attendance NN . . 
21 The DT vicar NN , , W.D. NNP Jones NNP , , refuses VBZ to TO talk VB about IN it PRP , , saying VBG it PRP would MD `` `` reopen VB the DT wound NN . . '' '' 
29 But CC C.J.B. NNP Marshall NNP , , vicar NN of IN a DT nearby JJ church NN , , feels VBZ the DT fault NN is VBZ in IN the DT stairs NNS from IN the DT bell NN tower NN that WDT are VBP located VBN next JJ to TO the DT altar NN . . 
37 `` `` So RB crunch NN , , crunch NN , , crunch NN , , bang NN , , bang NN , , bang NN -- : here RB come VBP the DT ringers NNS from IN above RB , , making VBG a DT very RB obvious JJ exit NN while IN the DT congregation NN is VBZ at IN prayer NN , , '' '' he PRP says VBZ . . 
22 Vicar NNP Marshall NNP admits VBZ to TO mixed VBN feelings NNS about IN this DT issue NN , , since IN he PRP is VBZ both DT a DT vicar NN and CC an DT active JJ bell-ringer NN himself PRP . . 
19 `` `` The DT sound NN of IN bells NNS is VBZ a DT net NN to TO draw VB people NNS into IN the DT church NN , , '' '' he PRP says VBZ . . 
18 `` `` I PRP live VBP in IN hopes NNS that IN the DT ringers NNS themselves PRP will MD be VB drawn VBN into IN that DT fuller JJR life NN . . '' '' 
30 The DT Central NNP Council NNP of IN Church NNP Bell NNP Ringers NNP , , a DT sort NN of IN parliament NN of IN ringing NN groups NNS , , aims VBZ to TO improve VB relations NNS with IN vicars NNS , , says VBZ John NNP C. NNP Baldwin NNP , , president NN . . 
37 It PRP hopes VBZ to TO speak VB to TO students NNS at IN theological JJ colleges NNS about IN the DT joys NNS of IN bell NN ringing NN and CC will MD shortly RB publish VB a DT booklet NN for IN every DT vicar NN in IN the DT country NN entitled VBD , , `` `` The DT Bells NNP in IN Your PRP$ Care NNP . . '' '' 
24 Says VBZ Mr. NNP Baldwin NNP , , `` `` We PRP recognize VBP that IN we PRP may MD no RB longer RBR have VBP as RB high JJ a DT priority NN in IN church NN life NN and CC experience NN . . '' '' 
13 Mr. NNP Baldwin NNP is VBZ also RB attacking VBG the DT greater JJR problem NN : : lack NN of IN ringers NNS . . 
20 One CD survey NN says VBZ that IN of IN the DT 100,000 CD trained VBN bellringers NNS in IN England NNP today NN , , only RB 40,000 CD of IN them PRP still RB ring VBP . . 
25 Also RB , , ringers NNS do VBP n't RB always RB live VB where WRB the DT bells NNS need VBP to TO be VB rung VBN -- : like IN in IN small JJ , , rural JJ parishes NNS and CC inner-city NN churches NNS . . 
19 But CC the DT council NN 's POS program NN to TO attract VB and CC train VB ringers NNS is VBZ only RB partly RB successful JJ , , says VBZ Mr. NNP Baldwin NNP . . 
24 `` `` Right RB now RB , , we PRP 're VBP lucky JJ if IN after IN five CD years NNS we PRP keep VBP one CD new JJ ringer NN out IN of IN 10 CD , , '' '' he PRP adds VBZ . . 
28 One CD bright JJ sign NN is VBZ that IN a DT growing VBG number NN of IN women NNS have VBP entered VBN the DT once RB male-dominated JJ field NN ; : more JJR than IN a DT third JJ of IN the DT ringers NNS today NN are VBP women NNS . . 
8 They PRP are VBP n't RB accepted VBN everywhere RB , , however RB . . 
54 The DT oldest JJS bell-ringing JJ group NN in IN the DT country NN , , the DT Ancient NNP Society NNP of IN College NNP Youths NNP , , founded VBN in IN 1637 CD , , remains VBZ male-only JJ , , a DT fact NN that WDT 's VBZ particularly RB galling JJ to TO women NNS because IN the DT group NN is VBZ the DT sole JJ source NN of IN ringers NNS for IN Britain NNP 's POS most JJS prestigious JJ churches NNS , , St. NNP Paul NNP 's POS Cathedral NNP and CC Westminster NNP Abbey NNP . . 
39 This DT being VBG Britain NNP , , no DT woman NN has VBZ filed VBN an DT equal-opportunity NN suit NN , , but CC the DT extent NN of IN the DT problem NN surfaced VBD this DT summer NN in IN a DT series NN of IN letters NNS to TO `` `` The DT Ringing NNP World NNP , , '' '' a DT weekly JJ newspaper NN for IN ringers NNS . . 
44 One CD writer NN , , signing VBG his PRP$ letter NN as IN `` `` Red-blooded JJ , , balanced JJ male NN , , '' '' remarked VBN on IN the DT `` `` frequency NN of IN women NNS fainting VBG in IN peals NNS , , '' '' and CC suggested VBD that IN they PRP `` `` settle VB back RB into IN their PRP$ traditional JJ role NN of IN making VBG tea NN at IN meetings NNS . . '' '' 
48 In IN the DT torrent NN of IN replies NNS that IN followed VBD , , one CD woman NN ringer NN from IN Solihull NNP observed VBN that IN `` `` the DT average JJ male JJ ringer NN leaves VBZ quite RB a DT lot NN to TO be VB desired VBN : : badly RB dressed VBN , , decorated VBN with IN acne NN and CC a DT large JJ beer-belly NN , , frequently RB unwashed JJ and CC unbearably RB flatulent JJ in IN peals NNS . . '' '' 
28 Another DT women NNS wrote VBD from IN Sheffield NNP to TO say VB that IN in IN her PRP$ 60 CD years NNS of IN ringing VBG , , `` `` I PRP have VBP never RB known VBN a DT lady NN to TO faint VB in IN the DT belfry NN . . 
12 I PRP have VBP seen VBN one CD or CC two CD men NNS die VB , , bless VB them PRP . . 
21 Investors NNS unsettled VBN by IN the DT stock NN market NN 's POS gyrations NNS can MD take VB some DT comfort NN in IN the DT predictable JJ arrival NN of IN quarterly JJ dividend NN checks NNS . . 
18 That DT has VBZ been VBN particularly RB true JJ this DT year NN with IN many JJ companies NNS raising VBG their PRP$ payouts NNS more JJR than IN 10 CD % NN . . 
22 But CC do VBP n't RB breathe VB too RB easy JJ : : Those DT dividend NN increases NNS may MD signal VB trouble NN ahead RB for IN stock NN prices NNS , , some DT analysts NNS warn VBP . . 
24 In IN the DT past NN , , they PRP say VBP , , the DT strongest JJS dividend NN growth NN has VBZ often RB come VBN at IN times NNS when WRB the DT stock-market NN party NN was VBD almost RB over JJ . . 
22 That DT can MD be VB a DT trap NN for IN unwary JJ investors NNS , , says VBZ Richard NNP Bernstein NNP , , senior JJ quantitative JJ analyst NN at IN Merrill NNP Lynch NNP & CC Co NNP . . 
32 Strong JJ dividend NN growth NN , , he PRP says VBZ , , is VBZ `` `` the DT black JJ widow NN of IN valuation NN '' '' -- : a DT reference NN to TO the DT female JJ spiders NNS that WDT attract VBP males NNS and CC then RB kill VBP them PRP after IN mating VBG . . 
35 Stephen NNP Boesel NNP , , president NN of IN T. NNP Rowe NNP Price NNP Growth NNP and CC Income NNP Fund NNP , , explains VBZ that IN companies NNS raise VBP their PRP$ payouts NNS most RBS robustly RB only RB after IN the DT economy NN and CC corporate JJ profits NNS have VBP been VBN growing VBG for IN some DT time NN . . 
19 `` `` Invariably RB , , those DT strong JJ periods NNS in IN the DT economy NN give VBP way NN to TO recessionary JJ environments NNS , , '' '' he PRP says VBZ . . 
13 `` `` And CC recessionary JJ environments NNS are VBP n't RB hospitable JJ to TO the DT stock NN market NN . . '' '' 
23 Indeed RB , , analysts NNS say VBP that IN payouts NNS have VBP sometimes RB risen VBN most RBS sharply RB when WRB prices NNS were VBD already RB on IN their PRP$ way NN down IN from IN cyclical JJ peaks NNS . . 
29 In IN 1976 CD , , for IN example NN , , dividends NNS on IN the DT stocks NNS in IN Standard NNP & CC Poor NNP 's POS 500-stock JJ index NN soared VBD 10 CD % NN , , following VBG much RB slower JJR growth NN the DT year NN before IN . . 
28 The DT S&P NNP index NN started VBD sliding VBG in IN price NN in IN September NNP 1976 CD , , and CC fell VBD 12 CD % NN in IN 1977 CD -- : despite IN a DT 15 CD % NN expansion NN in IN dividends NNS that DT year NN . . 
19 That DT pattern NN has VBZ n't RB always RB held VBN , , but CC recent JJ strong JJ growth NN in IN dividends NNS makes VBZ some DT market NN watchers NNS anxious JJ . . 
36 Payouts NNS on IN the DT S&P NNP 500 CD stocks NNS rose VBD 10 CD % NN in IN 1988 CD , , according VBG to TO Standard NNP & CC Poor NNP 's POS Corp. NNP , , and CC Wall NNP Street NNP estimates NNS for IN 1989 CD growth NN are VBP generally RB between IN 9 CD % NN and CC 14 CD % NN . . 
20 Many JJ people NNS believe VBP the DT growth NN in IN dividends NNS will MD slow VB next JJ year NN , , although IN a DT minority NN see VBP double-digit JJ gains NNS continuing VBG . . 
34 Meanwhile RB , , many JJ market NN watchers NNS say VBP recent JJ dividend NN trends NNS raise VBP another DT warning NN flag NN : : While IN dividends NNS have VBP risen VBN smartly RB , , their PRP$ expansion NN has VBZ n't RB kept VBD pace NN with IN even JJ stronger JJR advances NNS in IN stock NN prices NNS . . 
32 As IN a DT result NN , , the DT market NN 's POS dividend NN yield NN -- : dividends NNS as IN a DT percentage NN of IN price NN -- : has VBP slid VBD to TO a DT level NN that WDT is VBZ fairly RB low JJ and CC unenticing JJ by IN historical JJ standards NNS . . 
29 Put VBN another DT way NN , , the DT decline NN in IN the DT yield NN suggests VBZ stocks NNS have VBP gotten VBN pretty RB rich JJ in IN price NN relative JJ to TO the DT dividends NNS they PRP pay VBP , , some DT market NN analysts NNS say VBP . . 
14 They PRP are VBP keeping VBG a DT close JJ watch NN on IN the DT yield NN on IN the DT S&P NNP 500 CD . . 
18 The DT figure NN is VBZ currently RB about RB 3.3 CD % NN , , up IN from IN 3.2 CD % NN before IN the DT recent JJ market NN slide NN . . 
21 Some DT analysts NNS say VBP investors NNS should MD run VB for IN the DT exits NNS if IN a DT sustained VBN market NN rebound NN pushes VBZ the DT yield NN below IN 3 CD % NN . . 
30 A DT drop NN below IN that DT 3 CD % NN benchmark NN `` `` has VBZ always RB been VBN a DT strong JJ warning NN sign NN that IN stocks NNS are VBP fully RB valued VBN , , '' '' says VBZ Mr. NNP Boesel NNP of IN T. NNP Rowe NNP Price NNP . . 
10 In IN fact NN , , `` `` the DT market NN has VBZ always RB tanked VBN . . 
2 Always RB . . 
32 There EX 's VBZ never RB been VBN an DT exception NN , , '' '' says VBZ Gerald NNP W. NNP Perritt NNP , , a DT Chicago NNP investment NN adviser NN and CC money NN manager NN , , based VBN on IN a DT review NN of IN six CD decades NNS of IN stock-market NN data NN . . 
18 The DT last JJ time NN the DT S&P NNP 500 CD yield NN dropped VBD below IN 3 CD % NN was VBD in IN the DT summer NN of IN 1987 CD . . 
13 Stockholders NNS who WP took VBD the DT hint NN and CC sold VBD shares NNS escaped VBD the DT October NNP debacle NN . . 
45 There EX have VBP been VBN only RB seven CD other JJ times NNS -- : in NN 1929 CD , , 1933 CD , , 1961 CD , , 1965 CD , , 1968 CD , , 1971 CD and CC 1972 CD -- : when WRB the DT yield NN on IN the DT S&P NNP 500 CD dropped VBD below IN 3 CD % NN for IN at IN least JJS two CD consecutive JJ months NNS , , Mr. NNP Perritt NNP found VBD . . 
19 And CC in IN each DT case NN , , he PRP says VBZ , , a DT sharp JJ drop NN in IN stock NN prices NNS began VBD within IN a DT year NN . . 
24 Still RB , , some DT market NN analysts NNS say VBP the DT current JJ 3.3 CD % NN reading NN is VBZ n't RB as RB troublesome JJ as IN it PRP might MD have VB been VBN in IN years NNS past NN . . 
37 `` `` It PRP 's VBZ not RB a DT very RB meaningful JJ indicator NN currently RB because IN corporations NNS are VBP not RB behaving VBG in IN a DT traditional JJ manner NN , , '' '' says VBZ James NNP H. NNP Coxon NNP , , head NN of IN stock NN investments NNS for IN Cigna NNP Corp. NNP , , the DT Philadelphia-based JJ insurer NN . . 
30 In IN particular JJ , , Mr. NNP Coxon NNP says VBZ , , businesses NNS are VBP paying VBG out RP a DT smaller JJR percentage NN of IN their PRP$ profits NNS and CC cash NN flow NN in IN the DT form NN of IN dividends NNS than IN they PRP have VBP historically RB . . 
24 So RB , , while IN stock NN prices NNS may MD look VB fairly RB high JJ relative JJ to TO dividends NNS , , they PRP are VBP not RB excessive JJ relative JJ to TO the DT underlying JJ corporate JJ strength NN . . 
36 Rather RB than IN increasing VBG dividends NNS , , some DT companies NNS have VBP used VBN cash NN to TO buy VB back RP some DT of IN their PRP$ shares NNS , , notes VBZ Steven NNP G. NNP Einhorn NNP , , co-chairman NN of IN the DT investment NN policy NN committee NN at IN Goldman NNP , , Sachs NNP & CC Co NNP . . 
17 He PRP factors VBZ that DT into IN the DT market NN yield NN to TO get VB an DT adjusted VBN yield NN of IN about RB 3.6 CD % NN . . 
19 That DT is VBZ just RB a DT tad NN below IN the DT average NN of IN the DT past JJ 40 CD years NNS or CC so RB , , he PRP says VBZ . . 
9 What WP will MD happen VB to TO dividend NN growth NN next JJ year NN ? . 
19 Common JJ wisdom NN suggests VBZ a DT single-digit JJ rate NN of IN growth NN , , reflecting VBG a DT weakening NN in IN the DT economy NN and CC corporate JJ profits NNS . . 
30 PaineWebber NNP Inc. NNP , , for IN instance NN , , is VBZ forecasting VBG growth NN in IN S&P NNP 500 CD dividends NNS of IN just RB under IN 5 CD % NN in IN 1990 CD , , down IN from IN an DT estimated VBN 11 CD % NN this DT year NN . . 
45 In IN other JJ years NNS in IN which WDT there EX have VBP been VBN moderate JJ economic JJ slowdowns NNS -- : the JJ environment NN the DT firm NN expects VBZ in IN 1990 CD -- : the JJ change NN in IN dividends NNS ranged VBD from IN a DT gain NN of IN 4 CD % NN to TO a DT decline NN of IN 1 CD % NN , , according VBG to TO PaineWebber NNP analyst NN Thomas NNP Doerflinger NNP . . 
27 The DT minority NN argument NN , , meanwhile RB , , is VBZ that IN businesses NNS have VBP the DT financial JJ wherewithal JJ this DT time NN around RP to TO declare VB sharply RB higher JJR dividends NNS even RB if IN their PRP$ earnings NNS weaken VBP . . 
23 Dividend NN growth NN on IN the DT order NN of IN 12 CD % NN is VBZ expected VBN by IN both DT Mr. NNP Coxon NNP of IN Cigna NNP and CC Mr. NNP Einhorn NNP of IN Goldman NNP Sachs NNP . . 
26 Those DT dividend NN bulls NNS argue VBP that IN corporations NNS are VBP in IN the DT unusual JJ position NN of IN having VBG plenty NN of IN cash NN left VBD over RP after IN paying VBG dividends NNS and CC making VBG capital NN expenditures NNS . . 
26 One CD indicator NN investors NNS might MD want VB to TO watch VB is VBZ the DT monthly JJ tally NN from IN Standard NNP & CC Poor NNP 's POS of IN the DT number NN of IN public JJ companies NNS adjusting VBG their PRP$ dividends NNS . . 
22 A DT total NN of IN 139 CD companies NNS raised VBD dividends NNS in IN October NNP , , basically RB unchanged JJ from IN 138 CD a DT year NN ago RB , , S&P NNP said VBD Wednesday NNP . . 
16 That DT followed VBD four CD straight JJ months NNS in IN which WDT the DT number NN of IN increases NNS trailed VBD the DT year-earlier JJ pace NN . . 
33 While IN the DT S&P NNP tally NN does VBZ n't RB measure VB the DT magnitude NN of IN dividend NN changes NNS , , a DT further JJ slippage NN in IN the DT number NN of IN dividend NN increases NNS could MD be VB a DT harbinger NN of IN slower JJR dividend NN growth NN next IN year NN . . 
28 In IN any DT case NN , , opinion NN is VBZ mixed VBN on IN how WRB much JJ of IN a DT boost NN the DT overall JJ stock NN market NN would MD get VB even RB if IN dividend NN growth NN continues VBZ at IN double-digit JJ levels NNS . . 
50 Mr. NNP Einhorn NNP of IN Goldman NNP Sachs NNP estimates VBZ the DT stock NN market NN will MD deliver VB a DT 12 CD % NN to TO 15 CD % NN total NN return NN from IN appreciation NN and CC dividends NNS over IN the DT next JJ 12 CD months NNS -- : vs. IN a DT `` `` cash NN rate NN of IN return NN '' '' of IN perhaps RB 7 CD % NN or CC 8 CD % JJ if IN dividend NN growth NN is VBZ weak JJ . . 
32 But CC Mr. NNP Boesel NNP of IN T. NNP Rowe NNP Price NNP , , who WP also RB expects VBZ 12 CD % NN growth NN in IN dividends NNS next IN year NN , , does VBZ n't RB think VB it PRP will MD help VB the DT overall JJ market NN all DT that DT much JJ . . 
29 `` `` Having VBG the DT dividend NN increases NNS is VBZ a DT supportive JJ element NN in IN the DT market NN outlook NN , , but CC I PRP do VBP n't RB think VB it PRP 's VBZ a DT main JJ consideration NN , , '' '' he PRP says VBZ . . 
28 With IN slower JJR economic JJ growth NN and CC flat JJ corporate JJ earnings NNS likely JJ next IN year NN , , `` `` I PRP would MD n't RB look VB for IN the DT market NN to TO have VB much JJ upside RB from IN current JJ levels NNS . . 
53 Your PRP$ Oct. NNP 13 CD page-one JJ story NN on IN the DT renewed VBN plight NN of IN Western NNP Union NNP says VBZ that IN Western NNP Union NNP had VBD lost VBN its PRP$ chance NN to TO be VB in IN the DT telephone NN business NN by IN turning VBG down RP Alexander NNP Graham NNP Bell NNP 's POS offer NN to TO it PRP of IN his PRP$ invention NN , , because IN it PRP supposedly RB felt VBD that IN voice NN communication NN would MD never RB replace VB the DT telegraph NN . . 
6 Such JJ is VBZ hardly RB the DT case NN . . 
40 Bell NNP 's POS father-in-law NN , , Gardner NNP G. NNP Hubbard NNP , , wealthy JJ and CC well-connected JJ , , obtained VBD financing NN to TO start VB the DT American NNP Bell NNP Telephone NNP Co. NNP in IN Boston NNP , , which WDT even RB had VBD a DT subsidiary NN in IN New NNP York NNP called VBN the DT Telephone NNP Co. NNP of IN New NNP York NNP . . 
8 This DT is VBZ where WRB Bell NNP 's POS patents NNS went VBD . . 
11 Western NNP Union NNP indeed RB wanted VBD to TO get VB into IN the DT telephone NN business NN . . 
46 It PRP acquired VBD Thomas NNP Edison NNP 's POS microphone NN patent NN and CC then RB immediately RB sued VBD the DT Bell NNP Co. NNP claiming VBG that IN the DT microphone NN invented VBN by IN my PRP$ grandfather NN , , Emile NNP Berliner NNP , , which WDT had VBD been VBN sold VBN to TO Bell NNP for IN a DT princely JJ $ $ 50,000 CD , , infringed VBN upon IN Western NNP Union NNP 's POS Edison NNP patent NN . . 
40 When WRB Bell NNP established VBD that IN the DT Berliner NNP patent NN caveat NN was VBD registered VBN 10 CD days NNS before IN Edison NNP 's POS application NN , , Western NNP Union NNP dropped VBD the DT lawsuit NN and CC agreed VBD never RB to TO enter VB the DT telephone NN business NN -- : the DT basis NN for IN the DT company NN 's POS current JJ plight NN . . 
7 Oliver NNP Berliner NNP Beverly NNP Hills NNP , , Calif NNP . . 
27 Troubled NNP NBI NNP Inc. NNP said VBD it PRP fired VBD more JJR than IN half PDT its PRP$ work NN force NN and CC is VBZ discontinuing VBG its PRP$ hardware NN business NN to TO focus VB on IN its PRP$ software NN and CC service NN operations NNS . . 
34 The DT ailing VBG company NN , , which WDT has VBZ reported VBN net JJ losses NNS for IN 16 CD consecutive JJ quarters NNS , , said VBD it PRP wo MD n't RB manufacture VB network NN computer NN systems NNS any RB more JJR and CC will MD greatly RB reduce VB its PRP$ costly JJ direct JJ sales NNS force NN . . 
29 Altogether RB , , NBI NNP said VBD it PRP will MD eliminate VB 266 CD jobs NNS at IN its PRP$ Boulder NNP headquarters NN , , 176 CD field NN sales NNS jobs NNS and CC 50 CD jobs NNS at IN its PRP$ Canadian JJ and CC United NNP Kingdom NNP headquarters NN . . 
12 The DT company NN 's POS work NN force NN will MD fall VB to TO about IN 400 CD people NNS . . 
31 Stephen NNP G. NNP Jerritts NNP , , president NN and CC chief NN executive NN officer NN , , said VBD customers NNS were VBD n't RB willing JJ to TO commit VB to TO an DT expensive JJ NBI NNP hardware NN systems NNS because IN of IN the DT company NN 's POS financial JJ troubles NNS . . 
24 Further RB , , he PRP said VBD , , the DT company NN does VBZ n't RB have VB the DT capital NN needed VBN to TO build VB the DT business NN over IN the DT next JJ year NN or CC two CD . . 
14 `` `` We PRP flat RB ran VBD out IN of IN financing NN resources NNS , , '' '' Mr. NNP Jerritts NNP said VBD . . 
12 `` `` We PRP had VBD to TO do VB something NN structurally RB and CC radically RB different JJ . . '' '' 
41 As IN a DT result NN , , he PRP said VBD NBI NNP will MD focus VB on IN servicing VBG its PRP$ installed VBN base NN of IN systems NNS , , trying VBG to TO provide VB maintenance NN for IN other JJ manufacturers NNS and CC expanding VBG its PRP$ software NN business NN , , using VBG some DT of IN the DT applications NNS it PRP developed VBD for IN its PRP$ hardware NN . . 
13 The DT company NN currently RB offers VBZ a DT word-processing NN package NN for IN personal JJ computers NNS called VBN Legend NNP . . 
37 The DT company NN , , which WDT recently RB said VBD it PRP lacked VBD the DT profits NNS and CC capital NN to TO pay VB dividends NNS on IN its PRP$ Series NNP A NNP convertible JJ preferred VBN stock NN , , said VBD it PRP has VBZ hired VBN an DT investment NN banker NN to TO help VB it PRP raise VB additional JJ cash NN . . 
22 In IN New NNP York NNP Stock NNP Exchange NNP composite JJ trading NN yesterday NN , , NBI NNP common NN closed VBD at IN 93 CD cents NNS a DT share NN , , up IN 31 CD cents NNS . . 
23 It PRP was VBD Richard NNP Nixon NNP 's POS first JJ visit NN to TO China NNP in IN 1972 CD that WDT set VBD in IN motion NN the DT historic JJ rapprochement NN between IN Beijing NNP and CC Washington NNP . . 
37 But CC the DT former JJ U.S. NNP president NN 's POS sixth JJ visit NN to TO China NNP , , during IN which WDT he PRP spoke VBD at IN length NN with IN Chinese JJ leaders NNS , , was VBD nowhere RB near JJ as IN successful JJ at IN easing VBG strains NNS that WDT have VBP recently RB afflicted VBN the DT Sino-U.S. NNP relationship NN . . 
30 Mr. NNP Nixon NNP , , the DT most RBS prominent JJ American NNP to TO come VB to TO China NNP since IN Beijing NNP 's POS bloody JJ suppression NN of IN pro-democracy JJ demonstrators NNS in IN June NNP , , harped VBD on IN international JJ outrage NN over IN the DT massacre NN . . 
19 The DT Chinese NNP , , in IN turn NN , , took VBD aim NN at IN American JJ `` `` interference NN '' '' in IN China NNP 's POS domestic JJ affairs NNS . . 
26 One CD official JJ newspaper NN , , Legal NNP Daily NNP , , even RB directly RB criticized VBD Mr. NNP Nixon NNP , , who WP is VBZ normally RB referred VBN to TO here RB as IN an DT `` `` old JJ friend NN . . '' '' 
38 The DT paper NN accused VBD him PRP of IN being VBG a DT leading VBG proponent NN of IN `` `` peaceful JJ evolution NN , , '' '' a DT catch NN phrase NN to TO describe VB what WP China NNP believes VBZ is VBZ the DT policy NN of IN Western JJ countries NNS to TO seduce VB socialist JJ nations NNS into IN the DT capitalist JJ sphere NN . . 
25 The DT tension NN was VBD evident JJ on IN Wednesday NNP evening NN during IN Mr. NNP Nixon NNP 's POS final JJ banquet NN toast NN , , normally RB an DT opportunity NN for IN reciting VBG platitudes NNS about IN eternal JJ friendship NN . . 
39 Instead RB , , Mr. NNP Nixon NNP reminded VBD his PRP$ host NN , , Chinese NNP President NNP Yang NNP Shangkun NNP , , that IN Americans NNPS have VBP n't RB forgiven VBN China NNP 's POS leaders NNS for IN the DT military JJ assault NN of IN June NNP 3-4 CD that WDT killed VBD hundreds NNS , , and CC perhaps RB thousands NNS , , of IN demonstrators NNS . . 
37 `` `` Many JJ in IN the DT United NNP States NNPS , , including VBG many JJ friends NNS of IN China NNP , , believe VBP the DT crackdown NN was VBD excessive JJ and CC unjustified JJ , , '' '' Mr. NNP Nixon NNP told VBD Mr. NNP Yang NNP , , who WP was VBD directly RB involved VBN in IN ordering VBG the DT attack NN . . 
24 `` `` The DT events NNS of IN April NNP through IN June NNP damaged VBD the DT respect NN and CC confidence NN which WDT most JJS Americans NNPS previously RB had VBD for IN the DT leaders NNS of IN China NNP . . '' '' 
9 The DT Chinese NNP responded VBD in IN an DT equally RB undiplomatic JJ fashion NN . . 
30 In IN talks NNS with IN Mr. NNP Nixon NNP , , Chinese JJ leaders NNS expressed VBD no DT regret NN for IN the DT killings NNS , , and CC even RB suggested VBD that IN the DT U.S. NNP was VBD prominently RB involved VBN in IN the DT demonstrations NNS this DT spring NN . . 
39 In IN a DT meeting NN Tuesday NNP , , supreme NN leader NN , , Deng NNP Xiaoping NNP , , told VBD Mr. NNP Nixon NNP , , `` `` Frankly RB speaking VBG , , the DT U.S. NNP was VBD involved VBN too RB deeply RB in IN the DT turmoil NN and CC counterrevolutionary JJ rebellion NN which WDT occurred VBD in IN Beijing NNP not RB long RB ago RB . . 
16 China NNP was VBD the DT real JJ victim NN and CC it PRP is VBZ unjust JJ to TO reprove VB China NNP for IN it PRP . . '' '' 
49 Despite IN the DT harsh JJ exchanges NNS , , the DT U.S. NNP and CC China NNP still RB seem VBP to TO be VB looking VBG for IN a DT way NN to TO mend VB relations NNS , , which WDT have VBP deteriorated VBN into IN what WP Mr. NNP Nixon NNP referred VBD to TO as IN `` `` the DT greatest JJS crisis NN in IN Chinese-American NNP relations NNS '' '' since IN his PRP$ initial JJ visit NN to TO China NNP 17 CD years NNS ago IN . . 
20 In IN his PRP$ return NN toast NN to TO Mr. NNP Nixon NNP , , Mr. NNP Yang NNP said VBD the DT relationship NN had VBD reached VBN a DT `` `` stalemate NN . . '' '' 
34 Relations NNS between IN China NNP and CC the DT U.S. NNP have VBP been VBN tense JJ since IN June NNP 7 CD , , when WRB Chinese JJ dissident NN Fang NNP Lizhi NNP and CC his PRP$ wife NN , , Li NNP Shuxian NNP , , took VBD refuge NN in IN the DT U.S. NNP Embassy NNP in IN Beijing NNP . . 
32 Shortly RB afterwards RB , , Mr. NNP Bush NNP imposed VBD a DT series NN of IN anti-China JJ sanctions NNS , , including VBG suspension NN of IN most JJS high-level JJ talks NNS , , which WDT could MD be VB codified VBN in IN U.S. NNP congressional JJ legislation NN in IN the DT coming VBG weeks NNS . . 
27 Mr. NNP Nixon NNP is VBZ traveling VBG in IN China NNP as IN a DT private JJ citizen NN , , but CC he PRP has VBZ made VBN clear RB that IN he PRP is VBZ an DT unofficial JJ envoy NN for IN the DT Bush NNP administration NN . . 
21 Mr. NNP Nixon NNP met VBD Mr. NNP Bush NNP and CC his PRP$ national JJ security NN adviser NN , , Brent NNP Scowcroft NNP , , before IN coming VBG to TO China NNP on IN Saturday NNP . . 
18 And CC he PRP plans VBZ to TO brief VB the DT president NN at IN the DT end NN of IN the DT week NN , , U.S. NNP sources NNS said VBD . . 
8 Mr. NNP Nixon NNP was VBD to TO leave VB China NNP today NN . . 
30 According VBG to TO an DT American JJ member NN of IN the DT Nixon NNP party NN , , the DT former JJ president NN raised VBD a DT number NN of IN controversial JJ issues NNS in IN his PRP$ 20 CD hours NNS of IN talks NNS with IN top-level JJ Chinese JJ officials NNS . . 
16 These DT included VBD China NNP 's POS economic JJ policies NNS , , human JJ rights NNS and CC the DT question NN of IN Mr. NNP Fang NNP . . 
20 Mr. NNP Nixon NNP also RB proposed VBD that IN China NNP restore VB its PRP$ participation NN in IN the DT Fulbright NNP Program NNP , , a DT U.S. NNP government-funded JJ academic JJ exchange NN . . 
9 China NNP pulled VBD out IN of IN the DT program NN in IN July NNP . . 
32 In IN his PRP$ talks NNS , , the DT former JJ president NN urged VBD China NNP 's POS leaders NNS to TO acknowledge VB that DT their PRP$ nation NN is VBZ part NN of IN the DT world NN community NN and CC welcome VB the DT infusion NN of IN outside JJ contacts NNS and CC ideas NNS . . 
34 `` `` Ideas NNS are VBP going VBG over IN borders NNS , , and CC there EX 's VBZ no DT SDI NNP ideological JJ weapon NN that WDT can MD shoot VB them PRP down IN , , '' '' he PRP told VBD a DT group NN of IN Americans NNPS at IN the DT U.S. NNP Embassy NNP on IN Wednesday NNP . . 
15 There EX are VBP no DT signs NNS , , however RB , , of IN China NNP 's POS yielding NN on IN key JJ issues NNS . . 
15 But CC in IN one CD minor JJ matter NN , , Mr. NNP Nixon NNP appears VBZ to TO have VB gained VBN a DT concession NN . . 
32 In IN a DT meeting NN with IN Premier NNP Li NNP Peng NNP on IN Monday NNP , , Mr. NNP Nixon NNP said VBD that IN he PRP hoped VBD he PRP would MD n't RB encounter VB guards NNS with IN machine NN guns NNS during IN his PRP$ visit NN to TO the DT U.S. NNP Embassy NNP . . 
27 Sure RB enough RB , , when WRB he PRP arrived VBD at IN the DT embassy NN two CD days NNS later JJ , , the DT machine-gun-toting JJ guards NNS were VBD gone VBN -- : for IN the DT first JJ time NN in IN five CD months NNS . . 
31 A DT few JJ blocks NNS away RB , , at IN the DT U.S. NNP ambassador NN 's POS residence NN , , the DT guards NNS encircling VBG the DT compound NN also RB had VBD discarded VBN their PRP$ Uzi-model JJ arms NNS for IN the DT first JJ time NN since IN early JJ June NNP . . 
21 But CC the DT guards NNS there RB retained VBN their PRP$ pistols NNS , , and CC a DT large JJ contingent NN of IN plainclothes NNS police NNS remained VBD nearby RB in IN unmarked JJ cars NNS . . 
24 Moreover RB , , police NNS and CC soldiers NNS continue VBP to TO harass VB Americans NNPS , , who WP have VBP filed VBN several JJ protests NNS with IN the DT Foreign NNP Ministry NNP in IN the DT past NN week NN . . 
21 Several JJ times NNS , , Chinese JJ guards NNS have VBP pointed VBN their PRP$ automatic JJ rifles NNS at IN young JJ children NNS of IN U.S. NNP diplomats NNS and CC clicked VBD the DT trigger NN . . 
6 The DT rifles NNS were VBD n't RB loaded VBN . . 
37 Your PRP$ Oct. NNP 6 CD article NN `` `` Japan NNP 's POS Financial JJ Firms NNS Lure VBP Science NN Graduates NNS '' '' states VBZ , , `` `` Industrial JJ companies NNS are VBP accusing VBG financial JJ institutions NNS of IN jeopardizing VBG Japan NNP 's POS economy NN by IN raising VBG the DT salary NN stakes NNS for IN new JJ employees NNS . . '' '' 
8 The DT Japanese JJ industrial JJ companies NNS should MD know VB better JJR . . 
21 They PRP are VBP barking VBG up IN the DT wrong JJ tree NN , , because IN it PRP is VBZ basically RB their PRP$ fault NN they PRP ca MD n't RB attract VB new JJ employees NNS . . 
24 Takuma NNP Yamamoto NNP , , president NN of IN Fujitsu NNP Ltd. NNP , , believes VBZ `` `` the DT ` `` money NN worship NN ' '' among IN young JJ people NNS ... : caused VBD the DT problem NN . . '' '' 
10 He PRP is VBZ just RB passing VBG the DT buck NN to TO young JJ people NNS . . 
9 What WP 's VBZ wrong JJ with IN asking VBG for IN more JJR money NN ? . 
17 Money NN is VBZ not RB everything NN , , but CC it PRP is VBZ necessary JJ , , and CC business NN is VBZ not RB volunteer NN work NN . . 
10 It PRP is VBZ not RB unethical JJ to TO choose VB a DT higher-salaried JJ job NN . . 
14 Unfortunately RB , , Japanese JJ manufacturers NNS have VBP neither DT good JJ working NN conditions NNS nor CC good JJ compensation NN packages NNS . . 
17 I PRP get VBP the DT impression NN that IN some DT Japanese JJ managers NNS believe VBP working VBG harder RBR for IN less JJR money NN is VBZ beautiful JJ . . 
24 I PRP visited VBD a DT lot NN of IN major JJ Japanese JJ manufacturers NNS , , but CC I PRP never RB felt VBD I PRP would MD want VB to TO be VB employed VBN by IN any DT of IN them PRP . . 
40 Many JJ of IN them PRP recently RB have VBP been VBN spending VBG a DT lot NN of IN money NN on IN public JJ relations NNS and CC advertising NN to TO improve VB their PRP$ images NNS , , but CC they PRP should MD realize VB that IN the DT most RBS important JJ thing NN is VBZ real JJ change NN , , not RB changing VBG people NNS 's POS perceptions NNS . . 
54 If IN the DT Japanese JJ companies NNS are VBP seriously RB considering VBG their PRP$ survival NN , , they PRP could MD do VB at IN least JJS three CD things NNS to TO improve VB the DT situation NN : : raise VB salaries NNS higher JJR than IN those DT of IN financial JJ institutions NNS ; : improve VB working NN conditions NNS -LRB- -LRB- better JJR offices NNS and CC more JJR vacations NNS , , for IN example NN -RRB- -RRB- ; : accept VB and CC hire VB more JJR labor NN from IN outside JJ Japan NNP . . 
2 Hiroshi NNP Asada NNP 
56 In IN reference NN to TO your PRP$ Oct. NNP 9 CD page-one NN article NN `` `` Barbara NNP Bush NNP Earns VBZ Even RB Higher JJR Ratings NNS Than IN the DT President NNP , , '' '' it PRP is VBZ regrettable JJ that IN you PRP must MD continually RB define VB blacks NNS by IN our PRP$ negatives NNS : : `` `` Among IN liberals NNS , , 60 CD % NN have VBP positive JJ views NNS of IN her PRP , , while IN 50 CD % NN approve VBP of IN the DT president NN 's POS job NN performance NN . . 
33 In IN part NN , , this DT may MD reflect VB the DT fact NN that IN ` `` she PRP speaks VBZ a DT more JJR progressive JJ language NN ' '' than IN her PRP$ husband NN , , as IN Columbia NNP 's POS Prof NNP . . -LCB- -LRB- Ethel NNP -RCB- -RRB- Klein NNP puts VBZ it PRP . . 
24 Among IN professionals NNS , , 76 CD % NN have VBP a DT favorable JJ opinion NN of IN her PRP$ , , compared VBN to TO 62 CD % NN who WP approve VBP of IN her PRP$ husband NN 's POS performance NN . . 
28 While IN a DT quarter NN of IN black JJ voters NNS disapprove VBP of IN Mr. NNP Bush NNP 's POS handling NN of IN his PRP$ job NN , , only RB 15 CD % NN have VBP a DT negative JJ view NN of IN his PRP$ spouse NN . . '' '' 
24 The DT statistics NNS imply VBP that IN three-quarters NNS of IN blacks NNS approve VBP of IN Mr. NNP Bush NNP 's POS job NN performance NN and CC 85 CD % NN of IN blacks NNS approve VBP of IN Mrs. NNP Bush NNP . . 
27 If IN the DT assumption NN is VBZ that IN it PRP is VBZ surprising JJ that IN so RB few JJ blacks NNS find VBP Mr. NNP and CC Mrs. NNP Bush NNP distasteful JJ , , the DT positive JJ view NN is VBZ even RB more RBR newsworthy JJ . . 
13 Such PDT an DT editorial NN point NN of IN view NN perpetuates VBZ an DT insidious JJ , , stereotyped JJ perspective NN . . 
15 Why WRB are VBP we PRP blacks NNS continually RB defined VBN by IN our PRP$ minority NN and CC the DT lowest JJS common JJ denominator NN . . 
7 Preston NNP G. NNP Foster NNP Birmingham NNP , , Ala NNP . . 
30 The DT National NNP Association NNP of IN Securities NNPS Dealers NNPS , , the DT self-regulatory JJ organization NN for IN the DT over-the-counter JJ securities NNS markets NNS , , disciplined VBD a DT number NN of IN firms NNS and CC individuals NNS for IN alleged JJ violations NNS of IN industry NN rules NNS . . 
18 Two CD firms NNS were VBD expelled VBN from IN the DT NASD NNP , , three CD were VBD suspended VBN or CC barred VBN and CC nine CD were VBD fined VBN . . 
39 First NNP Securities NNPS Group NNP of IN California NNP and CC a DT principal NN of IN the DT firm NN , , Louis NNP Fernando NNP Vargas NNP of IN Marina NNP del DT Rey NNP , , Calif. NNP , , were VBD jointly RB fined VBN $ $ 15,000 CD and CC expelled VBD for IN alleged VBN violations NNS of IN reporting VBG requirements NNS on IN securities NNS sales NNS . . 
13 Also RB , , Mr. NNP Vargas NNP was VBD barred VBN from IN association NN with IN any DT NASD NNP member NN . . 
17 Neither DT First NNP Securities NNP , , of IN Beverly NNP Hills NNP , , nor CC Mr. NNP Vargas NNP could MD be VB reached VBN for IN comment NN . . 
10 A DT telephone-information NN operator NN had VBD no DT listing NN for IN either DT party NN . . 
42 J.L. NNP Henry NNP & CC Co. NNP , , Miami NNP , , and CC a DT principal NN of IN the DT firm NN , , Henry NNP I. NNP Otero NNP of IN Miami NNP , , were VBD jointly RB fined VBN $ $ 30,000 CD and CC expelled VBN , , for IN alleged JJ improper JJ use NN of IN a DT customer NN 's POS funds NNS , , among IN other JJ things NNS . . 
13 Also RB , , Mr. NNP Otero NNP was VBD barred VBN from IN association NN with IN any DT NASD NNP member NN . . 
13 J.L. NNP Henry NNP has VBZ n't RB any DT Miami NNP telephone NN listing NN , , an DT operator NN said VBD . . 
16 Mr. NNP Otero NNP , , who WP apparently RB has VBZ an DT unpublished JJ number NN , , also RB could MD n't RB be VB reached VBN . . 
40 Biscayne NNP Securities NNP Corp. NNP , , of IN Lauderhill NNP , , Fla. NNP , , and CC a DT principal NN of IN the DT firm NN , , Alvin NNP Rosenblum NNP of IN Plantation NNP , , Fla. NNP , , were VBD jointly RB fined VBN $ $ 20,000 CD and CC given VBN 10-day JJ suspensions NNS for IN allegedly RB selling VBG securities NNS at IN unfair JJ prices NNS . . 
11 Biscayne NNP has VBZ n't RB any DT telephone NN listing NN , , an DT operator NN said VBD . . 
17 Mr. NNP Rosenblum NNP , , who WP apparently RB has VBZ an DT unpublished JJ phone NN number NN , , also RB could MD n't RB be VB reached VBN . . 
38 Triton NNP Securities NNP , , of IN Danville NNP , , Calif. NNP , , and CC a DT principal NN of IN the DT firm NN , , Delwin NNP George NNP Chase NNP , , also RB of IN Danville NNP , , were VBD jointly RB fined VBN $ $ 10,000 CD and CC given VBN 30-day JJ suspensions NNS as IN part NN of IN a DT settlement NN . . 
22 While IN neither DT admitting VBG nor CC denying VBG wrongdoing NN , , Triton NNP and CC Mr. NNP Chase NNP consented VBD to TO findings NNS of IN violations NNS in IN connection NN with IN limited-partnership NN sales NNS . . 
10 Officials NNS of IN Triton NNP could MD n't RB be VB reached VBN for IN comment NN . . 
12 Mr. NNP Chase NNP did VBD n't RB return VB a DT telephone NN call NN to TO his PRP$ office NN . . 
35 Crane NNP & CC Co. NNP Securities NNP Inc. NNP , , of IN Mount NNP Clemens NNP , , Mich. NNP , , and CC its PRP$ president NN , , Glenn NNP R. NNP Crane NNP , , of IN Sterling NNP Heights NNP , , Mich. NNP , , consented VBD to TO a DT joint JJ fine NN of IN $ $ 10,000 CD . . 
18 Without IN admitting VBG or CC denying VBG wrongdoing NN , , they PRP consented VBD to TO findings NNS of IN violations NNS of IN escrow NN and CC record-keeping JJ rules NNS . . 
10 Mr. NNP Crane NNP did VBD n't RB return VB a DT call NN seeking VBG comment NN . . 
29 First NNP Commonwealth NNP Securities NNP Corp. NNP , , of IN New NNP Orleans NNP , , and CC its PRP$ president NN , , Kenneth NNP J. NNP Canepa NNP , , also RB of IN New NNP Orleans NNP , , consented VBD to TO a DT $ $ 10,000 CD fine NN . . 
15 Also RB , , Mr. NNP Canepa NNP received VBD a DT two-week JJ suspension NN `` `` in IN a DT principal JJ capacity NN . . '' '' 
32 Without IN admitting VBG or CC denying VBG wrongdoing NN , , they PRP consented VBD to TO findings NNS that IN they PRP had VBD inaccurately RB represented VBN the DT firm NN 's POS net NN capital NN , , maintained VBD inaccurate JJ books NNS and CC records NNS , , and CC made VBD other JJ violations NNS . . 
15 Mr. NNP Canepa NNP confirmed VBD he PRP had VBD consented VBN to TO the DT sanctions NNS but CC declined VBD to TO comment VB further RB . . 
49 Weatherly NNP Securities NNP Corp. NNP , , New NNP York NNP , , and CC three CD of IN its PRP$ principals NNS -- : Dell NNP Eugene NNP Keehn NNP and CC William NNP Northy NNP Prater NNP Jr. NNP , , both DT of IN Mercer NNP Island NNP , , Wash. NNP , , and CC Thomas NNP Albert NNP McFall NNP , , of IN Red NNP Bank NNP , , N.J NNP . . -- : consented VBD to TO a DT fine NN of IN $ $ 20,000 CD . . 
26 Without IN admitting VBG or CC denying VBG wrongdoing NN , , they PRP consented VBD to TO findings NNS that IN they PRP failed VBD to TO return VB funds NNS owed VBN to TO customers NNS in IN connection NN with IN a DT limited-partnership NN offering NN . . 
29 Reached VBN at IN his PRP$ office NN , , Mr. NNP McFall NNP , , currently RB chairman NN , , said VBD , , `` `` An DT implication NN that IN we PRP failed VBD to TO return VB investor NN funds NNS is VBZ inappropriate JJ and CC inaccurate JJ . . '' '' 
28 He PRP described VBD the DT situation NN as IN `` `` an DT escrow NN problem NN , , a DT timing NN issue NN , , '' '' which WDT he PRP said VBD was VBD rapidly RB rectified VBN , , with IN no DT losses NNS to TO customers NNS . . 
39 W.N. NNP Whelen NNP & CC Co. NNP , , of IN Georgetown NNP , , Del. NNP , , and CC its PRP$ president NN , , William NNP N. NNP Whelen NNP Jr. NNP , , also RB of IN Georgetown NNP , , were VBD barred VBN from IN transacting VBG principal JJ trades NNS for IN 90 CD days NNS and CC were VBD jointly RB fined VBN $ $ 15,000 CD . . 
20 The DT firm NN and CC Mr. NNP Whelen NNP allegedly RB sold VBD securities NNS to TO the DT public NN at IN unfair JJ prices NNS , , among IN other JJ alleged JJ violations NNS . . 
23 Mr. NNP Whelen NNP denied VBD the DT firm NN had VBD sold VBN securities NNS at IN unfair JJ prices NNS and CC suggested VBD that IN the DT examination NN practices NNS of IN the DT NASD NNP need VBP improvement NN . . 
17 The DT firm NN and CC the DT NASD NNP differ VBP over IN the DT meaning NN of IN markup NN and CC markdown NN , , he PRP added VBD . . 
23 Shearson NNP Lehman NNP Hutton NNP Inc. NNP , , New NNP York NNP , , which WDT is VBZ 62%-owned JJ by IN American NNP Express NNP Co. NNP , , consented VBD to TO a DT $ $ 10,000 CD fine NN . . 
36 Without IN admitting VBG or CC denying VBG wrongdoing NN , , the DT firm NN consented VBD to TO findings NNS that IN it PRP failed VBD to TO respond VB `` `` in IN a DT timely JJ manner NN '' '' to TO the DT NASD NNP 's POS requests NNS for IN information NN in IN connection NN with IN a DT customer NN complaint NN . . 
7 A DT Shearson NNP spokesman NN had VBD no DT comment NN . . 
22 The DT following VBG individuals NNS were VBD fined VBN as IN indicated VBN and CC barred VBN from IN association NN with IN NASD NNP members NNS , , or CC , , where WRB noted VBN , , suspended VBN . . 
18 Except IN where WRB noted VBN , , none NN of IN these DT people NNS could MD be VB reached VBN for IN comment NN or CC had VBD any DT comment NN . . 
114 Andrew NNP Derel NNP Adams NNP , , Killeen NNP , , Texas NNP , , fined VBN $ $ 15,000 CD ; : John NNP Francis NNP Angier NNP Jr. NNP , , Reddington NNP Shores NNP , , Fla. NNP , , $ $ 15,000 CD ; : Mark NNP Anthony NNP , , Arlington NNP Heights NNP , , Ill. NNP , , $ $ 10,000 CD and CC 30-day JJ suspension NN ; : William NNP Stirlen NNP , , Arlington NNP Heights NNP , , Ill. NNP , , $ $ 7,500 CD and CC 30-day JJ suspension NN ; : Fred NNP W. NNP Bonnell NNP , , Boulder NNP , , Colo. NNP , , $ $ 2,500 CD and CC six-month JJ suspension NN ; : Michael NNP J. NNP Boorse NNP , , Horsham NNP , , Pa. NNP ; : David NNP Chiodo NNP , , Dallas NNP , , $ $ 5,000 CD , , barred VBD as IN a DT principal NN ; : Camille NNP Chafic NNP Cotran NNP , , London NNP , , $ $ 25,000 CD ; : John NNP William NNP Curry NNP , , fined VBN $ $ 5,000 CD , , ordered VBN to TO disgorge VB $ $ 30,000 CD , , one-year JJ suspension NN . . 
70 John NNP William NNP Davis NNP , , Colonsville NNP , , Miss. NNP , , fined VBN $ $ 200,000 CD ; : Jeffrey NNP Gerard NNP Dompierre NNP , , Valrico NNP , , Fla. NNP , , $ $ 5,000 CD and CC 10-day JJ suspension NN ; : Eugene NNP Michael NNP Felten NNP , , La NNP Canada NNP , , Calif. NNP , , fined VBN $ $ 25,000 CD , , ordered VBN to TO disgorge VB $ $ 16,072 CD and CC suspended VBN one CD year NN ; : Marion NNP Stewart NNP Spitler NNP , , La NNP Canada NNP , , fined VBN $ $ 15,000 CD , , ordered VBN to TO disgorge VB $ $ 18,444 CD and CC suspended VBN six CD months NNS . . 
31 Mr. NNP Felten NNP said VBD , , `` `` We PRP got VBD what WP amounted VBD to TO a DT parking NN ticket NN , , and CC by IN complaining VBG about IN it PRP , , we PRP ended VBD up RP with IN a DT sizable JJ fine NN and CC suspension NN . . '' '' 
15 The DT matter NN `` `` did VBD n't RB involve VB anybody NN 's POS securities NNS transactions NNS , , '' '' he PRP added VBD . . 
100 Victor NNP Stanley NNP Fishman NNP , , Longwood NNP , , Fla. NNP , , fined VBN $ $ 25,000 CD ; : William NNP Harold NNP Floyd NNP , , Houston NNP , , $ $ 100,000 CD ; : Michael NNP Anthony NNP Houston NNP , , Bronx NNP , , N.Y. NNP , , $ $ 15,000 CD ; : Amin NNP Jalaalwalikraam NNP , , Glenham NNP , , N.Y. NNP , , $ $ 60,000 CD ; : Richard NNP F. NNP Knapp NNP , , London NNP , , $ $ 10,000 CD and CC 30-day JJ suspension NN ; : Deborah NNP Renee NNP Martin NNP , , St. NNP Louis NNP , , $ $ 15,000 CD ; : Joseph NNP Francis NNP Muscolina NNP Jr. NNP , , Palisades NNP Park NNP , , N.J. NNP , , $ $ 15,000 CD ; : Robert NNP C. NNP Najarian NNP , , Brooklyn NNP Park NNP , , Minn. NNP , , $ $ 15,000 CD ; : Edward NNP Robert NNP Norwick NNP , , Nesconset NNP , , N.Y. NNP , , $ $ 30,000 CD . . 
111 Charles NNP D. NNP Phipps NNP Sr. NNP , , Hermitage NNP , , Pa. NNP , , fined VBN $ $ 10,000 CD ; : David NNP Scott NNP Rankin NNP , , Lake NNP St. NNP Louis NNP , , Mo. NNP , , $ $ 15,000 CD ; : Leigh NNP A. NNP Sanderoff NNP , , Gaithersburg NNP , , Md. NNP , , fined VBN $ $ 45,000 CD , , ordered VBN to TO disgorge VB $ $ 12,252 CD ; : Sandra NNP Ann NNP Smith NNP , , Ridgefield NNP , , N.J. NNP , , $ $ 15,000 CD ; : James NNP G. NNP Spence NNP , , Aloha NNP , , Ore. NNP , , $ $ 5,000 CD and CC six-month JJ suspension NN ; : Mona NNP Sun NNP , , Jamaica NNP Estates NNP , , N.Y. NNP , , $ $ 60,000 CD ; : William NNP Swearingen NNP , , Minneapolis NNP , , $ $ 15,000 CD and CC six-month JJ suspension NN ; : John NNP Bew NNP Wong NNP , , San NNP Francisco NNP , , $ $ 25,000 CD ; : Rabia NNP M. NNP Zayed NNP , , San NNP Francisco NNP , , $ $ 50,000 CD . . 
58 The DT following VBG were VBD neither DT barred VBN nor CC suspended VBN : : Stephanie NNP Veselich NNP Enright NNP , , Rolling NNP Hills NNP , , Calif. NNP , , fined VBN $ $ 2,500 CD and CC ordered VBN to TO disgorge VB $ $ 11,762 CD ; : Stuart NNP Lane NNP Russel NNP , , Glendale NNP , , Calif. NNP , , fined VBN $ $ 2,500 CD and CC ordered VBN to TO disgorge VB $ $ 14,821 CD ; : Devon NNP Nilson NNP Dahl NNP , , Fountain NNP Valley NNP , , Calif. NNP , , fined VBN $ $ 82,389 CD . . 
28 Mr. NNP Dahl NNP , , a DT registered VBN representative NN in IN the DT insurance NN business NN , , said VBD he PRP `` `` screwed VBD up RP '' '' because IN he PRP did VBD n't RB realize VB he PRP was VBD breaking VBG securities NNS laws NNS . . 
37 `` `` Insurance NN agents NNS have VBP been VBN forced VBN by IN their PRP$ companies NNS into IN becoming VBG registered VBN reps NNS , , '' '' he PRP said VBD , , `` `` but CC they PRP are VBP not RB providing VBG compliance NN and CC security-type JJ training NN so IN that IN we PRP can MD avoid VB stupid JJ mistakes NNS . . '' '' 
249 The DT following NN were VBD barred VBN or CC , , where WRB noted VBN , , suspended VBN and CC consented VBD to TO findings NNS without IN admitting VBG or CC denying VBG wrongdoing NN : : Edward NNP L. NNP Cole NNP , , Jackson NNP , , Miss. NNP , , $ $ 10,000 CD fine NN ; : Rita NNP Rae NNP Cross NNP , , Denver NNP , , $ $ 2,500 CD fine NN and CC 30-day JJ suspension NN ; : Thomas NNP Richard NNP Meinders NNP , , Colorado NNP Springs NNP , , Colo. NNP , , $ $ 2,000 CD fine NN , , five-day JJ suspension NN and CC eight-month JJ suspension NN as IN a DT principal NN ; : Ronald NNP A. NNP Cutrer NNP , , Baton NNP Rouge NNP , , La. NNP , , $ $ 15,000 CD fine NN and CC one-month JJ suspension NN ; : Karl NNP Grant NNP Hale NNP , , Midvale NNP , , Utah NNP , , $ $ 15,000 CD fine NN ; : Clinton NNP P. NNP Hayne NNP , , New NNP Orleans NNP , , $ $ 7,500 CD fine NN and CC one-week JJ suspension NN ; : Richard NNP M. NNP Kane NNP , , Coconut NNP Creek NNP , , Fla. NNP , , $ $ 250,000 CD fine NN ; : John NNP B. NNP Merrick NNP , , Aurora NNP , , Colo. NNP , , $ $ 1,000 CD fine NN and CC 10-day JJ suspension NN ; : John NNP P. NNP Miller NNP , , Baton NNP Rouge NNP , , $ $ 2,000 CD fine NN and CC two-week JJ suspension NN ; : Randolph NNP K. NNP Pace NNP , , New NNP York NNP , , $ $ 10,000 CD fine NN and CC 90-day JJ suspension NN ; : Brian NNP D. NNP Pitcher NNP , , New NNP Providence NNP , , N.J. NNP , , $ $ 30,000 CD fine NN ; : Wayne NNP A. NNP Russo NNP , , Bridgeville NNP , , Pa. NNP , , $ $ 4,000 CD fine NN and CC 15-day JJ suspension NN ; : Orville NNP Leroy NNP Sandberg NNP , , Aurora NNP , , Colo. NNP , , $ $ 3,500 CD fine NN and CC 10-day JJ suspension NN ; : Richard NNP T. NNP Marchese NNP , , Las NNP Vegas NNP , , Nev. NNP , , $ $ 5,000 CD and CC one-year JJ suspension NN ; : Eric NNP G. NNP Monchecourt NNP , , Las NNP Vegas NNP , , $ $ 5,000 CD and CC one-year JJ suspension NN ; : and CC Robert NNP Gerhard NNP Smith NNP , , Carson NNP City NNP , , Nev. NNP , , two-year JJ suspension NN . . 
17 `` `` I PRP was VBD n't RB ever RB actively RB engaged VBN in IN any DT securities NNS activities NNS , , '' '' said VBD Mr. NNP Cutrer NNP . . 
9 `` `` I PRP never RB had VBD any DT clients NNS at IN all DT . . 
32 It PRP was VBD just RB a DT stupid JJ mistake NN to TO get VB the DT license NN , , '' '' he PRP said VBD , , adding VBG , , `` `` I PRP 'd MD just RB as RB soon RB not RB get VB into IN '' '' details NNS of IN the DT settlement NN . . 
24 Program NN traders NNS are VBP fond JJ of IN predicting VBG that IN if IN they PRP are VBP blocked VBN in IN the DT U.S. NNP , , they PRP will MD simply RB emigrate VB to TO foreign JJ stock NN markets NNS . . 
25 But CC in IN London NNP and CC Tokyo NNP , , where WRB computer-driven JJ trading NN now RB plays VBZ a DT small JJ but CC growing VBG role NN , , traders NNS say VBP a DT number NN of IN hurdles NNS loom VBP . . 
34 Government NN officials NNS , , especially RB in IN Japan NNP , , probably RB would MD resist VB any DT onslaught NN of IN program NN trading NN by IN players NNS trying VBG to TO shrug VB off RP the DT U.S. NNP furor NN over IN their PRP$ activities NNS and CC marching VBG abroad RB with IN their PRP$ business NN . . 
29 Japan NNP is VBZ `` `` very RB concerned VBN '' '' about IN the DT possible JJ effects NNS of IN program NN trading NN , , a DT senior JJ Japanese JJ official NN said VBD after IN the DT Oct. NNP 13 CD stock NN plunge NN in IN New NNP York NNP . . 
11 U.S. NNP stock-index NN futures NNS are VBP n't RB even RB traded VBN in IN Japan NNP now RB . . 
20 And CC because IN of IN the DT time NN difference NN , , the DT Japanese JJ and CC the DT U.S. NNP markets NNS ' POS trading NN hours NNS do VBP n't RB overlap VB . . 
47 It PRP all DT adds VBZ up RP to TO a DT barrier NN to TO American-style JJ index NN arbitrage NN , , the DT most RBS popular JJ form NN of IN U.S. NNP program NN trading NN that WDT seeks VBZ to TO exploit VB brief JJ differences NNS between IN prices NNS of IN stocks NNS in IN New NNP York NNP and CC the DT price NN of IN a DT futures NNS contract NN in IN Chicago NNP based VBN on IN those DT stocks NNS . . 
27 About IN 11.6 CD % NN of IN all DT program NN trading NN by IN New NNP York NNP Stock NNP Exchange NNP firms NNS in IN September NNP took VBD place NN in IN foreign JJ markets NNS , , according VBG to TO Big NNP Board NNP data NNS . . 
14 Yet CC it PRP is VBZ difficult JJ to TO imagine VB Japan NNP racing VBG to TO introduce VB Chicago-style JJ stock-index JJ futures NNS . . 
38 Japan NNP 's POS Finance NNP Ministry NNP already RB is VBZ scrutinizing VBG institutional JJ investors NNS ' POS activity NN to TO see VB whether IN policy NN changes NNS are VBP needed VBN to TO cope VB with IN the DT current JJ level NN of IN program NN trading NN , , said VBD Makato NNP Utsumi NNP , , vice NN minister NN for IN international JJ finance NN . . 
25 Program NN trading NN has VBZ taken VBN off RB in IN Japan NNP since IN last JJ year NN 's POS introduction NN of IN home-market JJ stock-index NN futures NNS trading NN on IN the DT Tokyo NNP and CC Osaka NNP stock NN exchanges NNS . . 
5 But CC regulators NNS are VBP wary JJ . . 
46 They PRP have VBP n't RB forgotten VBN the DT leap NN in IN share NN prices NNS last JJ Dec. NNP 7 CD , , when WRB the DT first JJ bout NN of IN foreign-led JJ index NN arbitrage NN drove VBD stocks NNS skyward RB in IN the DT last JJ half-hour JJ of IN trading NN , , startling JJ regulators NNS who WP thought VBD they PRP had VBD written VBN enough JJ rules NNS to TO prevent VB such PDT a DT swing NN . . 
36 Japan NNP 's POS Finance NNP Ministry NNP had VBD set VBN up RP mechanisms NNS to TO limit VB how WRB far JJ futures NNS prices NNS could MD fall VB in IN a DT single JJ session NN and CC to TO give VB market NN operators NNS the DT authority NN to TO suspend VB trading NN in IN futures NNS at IN any DT time NN . . 
19 `` `` Maybe RB it PRP was VBD n't RB enough RB , , '' '' a DT Finance NNP Ministry NNP official NN noted VBD after IN the DT Dec. NNP 7 CD surge NN . . 
12 Japan NNP 's POS regulators NNS have VBP since IN tightened VBN controls NNS on IN index-related JJ stock NN purchases NNS . . 
19 Tokyo NNP 's POS leading VBG program NN traders NNS are VBP the DT big JJ U.S. NNP securities NNS houses NNS , , though IN the DT Japanese NNP are VBP playing VBG catch-up NN . . 
35 Some DT U.S. NNP firms NNS , , notably RB Salomon NNP Inc. NNP and CC Morgan NNP Stanley NNP Group NNP Inc. NNP , , have VBP reaped VBN a DT hefty JJ chunk NN of IN their PRP$ Japanese JJ earnings NNS from IN index NN arbitrage NN , , both DT for IN customers NNS and CC for IN their PRP$ own JJ accounts NNS . . 
25 -LRB- -LRB- Morgan NNP Stanley NNP last JJ week NN joined VBD a DT growing VBG list NN of IN U.S. NNP securities NNS firms NNS that WDT have VBP stopped VBN doing VBG index NN arbitrage NN for IN their PRP$ own JJ accounts NNS . . -RRB- -RRB- 
48 Both DT Deryck NNP C. NNP Maughan NNP , , who WP heads VBZ Salomon NNP in IN Tokyo NNP , , and CC John NNP S. NNP Wadsworth NNP , , who WP heads VBZ Morgan NNP Stanley NNP there RB , , ascribe VBP a DT good JJ part NN of IN their PRP$ firms NNS ' POS success NN in IN Tokyo NNP to TO their PRP$ ability NN to TO offer VB sophisticated JJ , , futures-related JJ investment NN strategies NNS to TO big JJ institutional JJ clients NNS . . 
9 They PRP do VBP n't RB have VB plans NNS to TO cut VB back RB . . 
16 `` `` It PRP has VBZ not RB been VBN disruptive JJ in IN the DT markets NNS here RB , , '' '' Mr. NNP Maughan NNP said VBD . . 
35 `` `` The DT real JJ difference NN seems VBZ to TO be VB that IN the DT cash NN market NN here RB ... : is VBZ big JJ enough RB and CC liquid NN enough RB that IN the DT futures NNS market NN is VBZ n't RB having VBG the DT same JJ impact NN it PRP does VBZ in IN America NNP . . '' '' 
8 The DT British NNP also RB are VBP scrutinizing VBG program NN trades NNS . . 
21 Index-arbitrage NN trading NN is VBZ `` `` something NN we PRP want VBP to TO watch VB closely RB , , '' '' an DT official NN at IN London NNP 's POS Stock NNP Exchange NNP said VBD . . 
15 `` `` We PRP do VBP n't RB think VB there EX is VBZ cause NN for IN concern NN at IN the DT moment NN . . '' '' 
13 London NNP serves VBZ increasingly RB as IN a DT conduit NN for IN program NN trading NN of IN U.S. NNP stocks NNS . . 
8 Market NN professionals NNS said VBD London NNP has VBZ several JJ attractions NNS . . 
23 First JJ , , the DT trading NN is VBZ done VBN over IN the DT counter NN and CC is VBZ n't RB reported VBN on IN either CC the DT U.S. NNP or CC London NNP stock NN trading NN tapes NNS . . 
27 Second JJ , , it PRP can MD be VB used VBN to TO unwind VB positions NNS before IN U.S. NNP trading NN begins VBZ , , but CC at IN prices NNS pegged VBN to TO the DT previous JJ session NN 's POS Big NNP Board NNP close NN . . 
38 In IN addition NN to TO the DT extra JJ privacy NN of IN these DT trades NNS , , the DT transactions NNS can MD often RB be VB less RBR expensive JJ to TO execute VB , , because IN the DT parties NNS do VBP n't RB have VB to TO pay VB a DT floor NN brokerage NN fee NN or CC a DT specialist NN 's POS fee NN . . 
48 Still RB , , `` `` Much RB less RBR -LCB- -LRB- index-arbitrage NN activity NN -RCB- -RRB- is VBZ done VBN over IN here RB than IN in IN the DT U.S. NNP '' '' said VBD Richard NNP Barfield NNP , , chief NN investment NN manager NN at IN Standard NNP Life NNP Assurance NNP Co. NNP , , which WDT manages VBZ about IN # # 15 CD billion CD -LRB- -LRB- $ $ 23.72 CD billion CD -RRB- -RRB- in IN United NNP Kingdom NNP institutional JJ funds NNS . . 
7 Britain NNP has VBZ two CD main JJ index-arbitrage NN instruments NNS . . 
20 A DT Financial NNP Times-Stock NNP Exchange NNP 100-share JJ index NN option NN contract NN is VBZ traded VBN on IN the DT London NNP Stock NNP Exchange NNP 's POS Traded NNP Options NNPS Market NNP . . 
15 And CC an DT FT-SE NNP futures NNS contract NN is VBZ traded VBN on IN the DT London NNP International NNP Financial NNP Futures NNPS Exchange NNP . . 
13 Both DT contracts NNS have VBP gained VBN a DT following NN since IN the DT 1987 CD global JJ market NN crash NN . . 
24 The DT average JJ number NN of IN FT-SE NNP option NN contracts NNS traded VBN on IN the DT London NNP exchange NN has VBZ surged VBN nearly RB tenfold RB since IN the DT contract NN 's POS launch NN in IN 1984 CD . . 
24 This DT year NN , , the DT average NN of IN daily JJ contracts NNS traded VBN totaled VBD 9,118 CD , , up IN from IN 4,645 CD a DT year NN earlier JJR and CC from IN 917 CD in IN 1984 CD . . 
30 But CC a DT survey NN early RB this DT summer NN indicated VBD that IN the DT volume NN of IN index-options NNS trading NN was VBD only RB 15 CD % NN of IN the DT size NN of IN the DT underlying VBG equity NN market NN , , exchange NN officials NNS said VBD . . 
23 This DT compares VBZ with IN estimates NNS that IN the DT U.S. NNP `` `` derivatives NNS '' '' market NN is VBZ perhaps RB four CD times NNS as RB large JJ as IN the DT underlying VBG domestic JJ market NN . . 
31 The DT House NNP voted VBD to TO boost VB the DT federal JJ minimum JJ wage NN for IN the DT first JJ time NN since IN early JJ 1981 CD , , casting VBG a DT solid JJ 382-37 CD vote NN for IN a DT compromise NN measure NN backed VBN by IN President NNP Bush NNP . . 
23 The DT vote NN came VBD after IN a DT debate NN replete JJ with IN complaints NNS from IN both DT proponents NNS and CC critics NNS of IN a DT substantial JJ increase NN in IN the DT wage NN floor NN . . 
41 Advocates NNS said VBD the DT 90-cent-an-hour JJ rise NN , , to TO $ $ 4.25 CD an DT hour NN by IN April NNP 1991 CD , , is VBZ too RB small JJ for IN the DT working VBG poor NN , , while IN opponents NNS argued VBD that IN the DT increase NN will MD still RB hurt VB small JJ business NN and CC cost VB many JJ thousands NNS of IN jobs NNS . . 
37 But CC the DT legislation NN reflected VBD a DT compromise NN agreed VBN to TO on IN Tuesday NNP by IN President NNP Bush NNP and CC Democratic JJ leaders NNS in IN Congress NNP , , after IN congressional JJ Republicans NNPS urged VBD the DT White NNP House NNP to TO bend VB a DT bit NN from IN its PRP$ previous JJ resistance NN to TO compromise VB . . 
39 So IN both DT sides NNS accepted VBD the DT compromise NN , , which WDT would MD lead VB to TO the DT first JJ lifting NN of IN the DT minimum JJ wage NN since IN a DT four-year JJ law NN was VBD enacted VBN in IN 1977 CD , , raising VBG the DT wage NN to TO $ $ 3.35 CD an DT hour NN from IN $ $ 2.65 CD . . 
17 Under IN the DT measure NN passed VBD yesterday NN , , the DT minimum JJ wage NN would MD rise VB to TO $ $ 3.80 CD next JJ April NNP . . 
16 The DT Senate NNP plans VBZ to TO take VB up RP the DT measure NN quickly RB and CC is VBZ expected VBN to TO pass VB it PRP . . 
26 `` `` There EX are VBP no DT smiles NNS about IN this DT bill NN , , '' '' Rep. NNP Pat NNP Williams NNP -LRB- -LRB- D. NNP , , Mont NNP . . -RRB- -RRB- said VBD during IN House NNP floor NN debate NN yesterday NN . . 
19 But CC `` `` because IN it PRP 's VBZ all DT we PRP 've VBP got VBN , , I PRP 'm VBP going VBG to TO vote VB for IN it PRP . . '' '' 
41 While IN the DT minimum JJ wage NN had VBD traditionally RB been VBN pegged VBN at IN half PDT the DT average JJ U.S. NNP manufacturing NN wage NN , , the DT level NN of IN $ $ 4.25 CD an DT hour NN in IN 1991 CD will MD still RB be VB less JJR than IN 35 CD % NN of IN average JJ factory NN pay NN , , Mr. NNP Williams NNP said VBD . . 
36 But CC Rep. NNP Marge NNP Roukema NNP -LRB- -LRB- R. NNP , , N.J NNP . . -RRB- -RRB- instead RB praised VBD the DT House NNP 's POS acceptance NN of IN a DT new JJ youth NN `` `` training NN '' '' wage NN , , a DT subminimum NN that IN GOP NNP administrations NNS have VBP sought VBN for IN many JJ years NNS . . 
22 Adopting VBG a DT training-wage JJ policy NN means VBZ `` `` getting VBG beyond IN the DT nickel NN and CC diming NN of IN the DT minimum JJ wage NN , , '' '' Mrs. NNP Roukema NNP said VBD . . 
42 Policy NN makers NNS regard VBP the DT youth NN wage NN as IN helping VBG to TO limit VB the DT loss NN of IN jobs NNS from IN an DT increase NN in IN the DT minimum JJ wage NN , , but CC they PRP have VBP lately RB touted VBN it PRP as RB necessary JJ to TO help VB impart VB job NN skills NNS to TO entrants NNS into IN the DT work NN force NN . . 
22 Labor NN unions NNS and CC Democrats NNPS long RB fought VBD the DT idea NN , , but CC recently RB acceded VBD to TO it PRP in IN the DT face NN of IN Bush NNP administration NN insistence NN . . 
33 The DT compromise NN sets VBZ the DT training NN wage NN at IN $ $ 3.35 CD an DT hour NN next IN April NNP , , and CC at IN $ $ 3.61 CD an DT hour NN , , or CC 85 CD % NN of IN the DT minimum JJ wage NN , , in IN April NNP 1991 CD . . 
41 Employers NNS can MD pay VB the DT subminimum NN for IN 90 CD days NNS , , without IN restriction NN , , to TO workers NNS with IN less JJR than IN six CD months NNS of IN job NN experience NN , , and CC for IN another DT 90 CD days NNS if IN the DT company NN uses VBZ a DT government-certified JJ training NN program NN for IN the DT young JJ workers NNS . . 
14 The DT training NN wage NN covers VBZ only JJ workers NNS who WP are VBP 16 CD to TO 19 CD years NNS old JJ . . 
27 The DT White NNP House NNP previously RB insisted VBD on IN an DT unrestricted JJ six-month JJ training NN wage NN that WDT could MD be VB paid VBN any DT time NN a DT worker NN of IN any DT age NN took VBD a DT new JJ job NN . . 
60 The DT U.S. NNP Chamber NNP of IN Commerce NNP , , still RB opposed VBN to TO any DT mininum-wage NN increase NN , , said VBD the DT compromise NN plan NN to TO lift VB the DT wage NN floor NN 27 CD % NN in IN two CD stages NNS between IN April NNP 1990 CD and CC April NNP 1991 CD `` `` will MD be VB impossible JJ for IN many JJ employers NNS to TO accommodate VB and CC will MD result VB in IN the DT elimination NN of IN jobs NNS for IN American JJ workers NNS and CC higher JJR prices NNS for IN American JJ consumers NNS . . 
30 Zenith NNP Data NNP Systems NNPS Corp. NNP , , a DT subsidiary NN of IN Zenith NNP Electronics NNP Corp. NNP , , received VBD a DT $ $ 534 CD million CD Navy NNP contract NN for IN software NN and CC services NNS of IN microcomputers NNS over IN an DT 84-month JJ period NN . . 
17 Rockwell NNP International NNP Corp. NNP won VBD a DT $ $ 130.7 CD million CD Air NNP Force NNP contract NN for IN AC-130U NN gunship NN replacement NN aircraft NN . . 
19 Martin NNP Marietta NNP Corp. NNP was VBD given VBN a DT $ $ 29.9 CD million CD Air NNP Force NNP contract NN for IN low-altitude NN navigation NN and CC targeting VBG equipment NN . . 
16 Federal NNP Data NNP Corp. NNP got VBD a DT $ $ 29.4 CD million CD Air NNP Force NNP contract NN for IN intelligence NN data NNS handling NN . .