The Baytown Sun (Baytown, Tex.), Vol. 80, No. 302, Ed. 1 Tuesday, September 24, 2002 Page: 9 of 12
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larket Value
I Composite
7,532.66 Dow Industrials
1,942.01 Dow Transportation
. 186.49 Dow Utilities
418.82 NYSE Composite
757.68 AmexMar1-'” '
1,192.42 Nasdaq Cuni}
775.68 S&P500
384.93 S&P MidCap
354.11 Russell 2000
7,601.84 Wilshire 5000
-1.43
-2.27
-1.94
-1.13
-1.14
-2.96
-1.38
-1.65
-2.34
-1.43
Net
Chg %Chg
2,15 -113.87
-49.49
-4.13
-5.19
-9.60
-36.16
-11.69
-6.83
1.68 -8.60
7,908.23 -114.94
Last
7,872.
2,134.53
209.17
453.78
831.54
1,184.93
833.70
407.77
358.68
Name
52-Week
High Low
Name
Ex Div
12,000
11,000
10,000
9,000
8,000 »
7,000
JUL
SEP
AUG
JUN
Stock Market Indexes
Low
7,788.42
Sept. 23,2002
Dow Jones
industrials
—
-113.87 .
7,872.15
Pct. change from previous
-1.43
High
7,984.77
Record high: 11,722.98
Jan. 14,2000
*
IRetur
12-mo
-2.3®
-7.8®
-8.4®
♦2.7/A
-13.0®
-20.4®
-10.1/A
-13.5®
-12.4®
-22.2®
-26.2®
10,341
14,912
152
437
Mutual Funds
Total
NAV 4-wk
:
5.85 -16.9
Name
American Funds A: IncoA p
American FundsAJCAAp
Fidelity Invest: Contra
Fidelity Invest: Magelln
Janus. Mercury
Janus: Olympus
Janus: Twen n
Janus: WrWW
Rydex Investor: Nova
Rydex Investor: OTC
BL-Balanced, GL-Global J
SB-Short-Tenn Bond, SP •— ------
Chng m NAV with dividends reinvested
Init Invf Minimum $ needed to invest in f
y r Jore, XG -Multi-Cap Growth, XV -I
I Rank. How fund performed vs. others with same objective: A is in top J
i fund NA = Not avail. NE = Data in question NS = Fund not in existence
Total Assets
Obj (SMIns)
„..r MP 20,009
American Funds A: ICAAp LV 47,854
American Funds A: WshA p LV 44,404
Fidelity Invest: Contra XC 28,728
" LC 60,280
LG 5,214
LG 2,246
LG 10.348
GL
. LC
XG
i r n/Ran k Pct Mln Inlt
5-year Load Invt
sa s s
:a a
.s a
■its it a
Js I §i
+19.4
-4.2
+11.S
+16.C
+1.1/
-6.1/
-362L
-30.04)
I Slock, IL -International Stock, LC -Large-Cap Core, LG -Large-Cap Growth, LV -Large-Cap Vai., MT ■
’ -SAP 500, SS Single-State Muni, XC -Mufti-Cap Core, XG -Multi-Cap Growth, XV -Multi-Cap Val.To
J* n„... u_..—u-~.— ..--------- * - - 20%, E in bottom 20%. I
i existence Source: Lipper, Inc
tfctnbuted. wU When issued. wt = Wmantsww * With warrants. Grinert and Lotera must be wrt at least $2 lobe S
left Most Actives must be worth at leKl St Volume in hundreds of shares Source: The Associated Pre«s. Safes figures j
99. « Lou In M12 mirta 4 ■ KgMs. 11 > IHi v z Tradkig Msd cn t>vwy nwk«. 4 > In backnfKy« ncehnsliti. wd < Ww
cMtuted. H > Whnn Issued, wt ■ Wmm. ww ■ Whh wmrants. Owners and Lown must be wx» a least S3 Io ba ItM m atta a
... ..------------- .....J-.. tmir(aHai
Losers ($2 or HOKE)
Advanced
Declined
Unchanged
Total Issues
New Highs
New Lows
Volume
829
2,536
634
3,999
. 13
334
1,405,094,200
Losers ($2 ob more)
Name Last Chg %Chg
ElPasoCp 7.51 -4.16 -35.6
ElPasoun 23.93 -9.57 -28.6
ElPasEpf 19.20 -6.70 -25.9
Magntk 2.79 -.81 -22.5
Frontline 3.50 -.90 -20.5
Midas 5.11 -1.29 -20.2
AMRCp39 10.75 -2.65 -19.8
Nucor 39.57 -9.41 -19.2
CstlpfT 19.32 —4.45 -18.7
ChmpE 2.38 -.52 -17.9
Losers ($2 or more)
Name Last Chg %Chg
Medtox 6.70 -1.05 -13.5
DHBIndn 2.22 -.33 -12.9
GreenMnn 2.10 -.25 -10.6
KiIMfg 2.88 -.32 -10.0
BentPwtB 2.35 -.25 -9.6
Tippery 2.55 -.26 -9.3
sTSCapG 40.59 -3.89 -8.7
Simula 2.65 -.25 -8.6
VistaGgrs 4.32 -.40 -8.5
Radiologix 8.20 -.75 -8.4
Re-
stocks of Local Interest
Daily Dow Jones
New Lows
Volume
Advanced
Declined
Unchanged
Total issues
New Highs
New Lows
Volume
Advanced
Declined
Unchanged
927
2,313
165
3,405
44
292
1,632,701,690
Most Active ($1 or more)
Name Vol (00) Last Chg
Nasd100Tr710498 21.02 -.65
SPDR 460804 83.66 -.69
DJIADiam 90618 78.80 -.87
SemiHTr 53055 19.15 -1.04
Nabors 21781 30.00 -.11
SPFnd 19126 20.71 +.01
IShJapan 13938 7.25 -.18
OilSvHT 13310 48.35 +.34
BiotechT 12783 74.12 -2.94
Kinrossg 12669 2.26
Diary
Citigrp 272206 27.57
GenElec 213710 26.40
SpmtPCS 195301 2.58
Tycolntl 181832 14.00
Pfizer
EDS
Solectm
Texlnsl
EMCCp 1357
Diary
Most Active hi or more)
Name Vol (00) Last Chg
ElPasoCp 506590 7.51 -4.16
Citigrp 272206 27.57 +.74
.13710 26.40 -.35
"95301 2.58 -.16
,01832 1 4.00 -.96
164819 28.64 -.10
158282 16.52 -1.27
157239 1.70 -.27
144015 14.95 -.83
‘5796 5.79 -.01
Most Active nt or more)
Name Vol (00) Last Chg
Cisco 731744 11.96 -.12
SunMicro 635384 2.94 +.06
Intel 609219 14.13 -.77
Oracle 520235 7.64 -.35
JDS Uniph469981 1.87 -.27
Microsft 435677 45.23 -2.23
ApldMatls364344 11.20 -.74
DellCptr .334421 24.19 -.64.
NexteC 290516 7.19 -.25
KLATnc 213458 26.63 -1.39
Diary
-9.60
Amex
831.54
3.84
9.40
4.18
6.01
2.05
Last Chg %Chg
28.99 +4.50+18.4
5.29 +.79 +17.6
14.05 +1.11 +8.6
16.99 +1.32 +8.4
Laat Chg %Chg
37.40+13.64 +57.4
7.99 +.99 +14.1
3.90 +.35 +9.9
10.15 +.80 +8.6
‘ “ +.19 +8.2
+.29 +8.2
+.65 +7.4
+.21 +5.3
+.30 +5.3
+.10 +5.1
Gainers ($2 or more)
Name Last Chg %Chg
Dole "
HarvNRes
ColeNatl
StationCas ....
Elscint 4.44 +.33 +8.0
MS AWE n 21.75 +1.60 +7.9
BungeLI 22.60 +1.55 +7.4
NwCappfD 18.10 +1.20 +7.1
NWstnCp 10.71 +.71 +7.1
Hlthsth 3.23 +.21 +7.0
Gainers (|2 or more)
Name
Acadiana
USHmGpf
AlarisMed ....
MLIXD6-0610.15
HIShearT 2.50
EmersonR
BVBCpf
GensisE
CPI Aero
AdvMrktg
NYSE
453.78 -5.19
■ Nasdaq
W 1,184.93 -36.16
Gainers ($2 or more)
Name Laat Chg %Chg
ComOners 2.97 +.86 +40.8
DigitTel 4.74 +.99 +26.4
DWalkern 2.89 +.59 +25.7
MaxusRIty 11.75 +1.50 +14.6
Infinity s 7.58 +.93 +14.0
Reliv 5.65 +.65 +13.0
Willmslnds 3.50 +.39 +12.5
Catalytica 3.59 +.39 +12.2
InfoSpcers 4.93 +.53 +12.0
UlRetail 4.55 +.45 +11.0
The Baytown Sun 3B
Tuesday, September 24,2002
Business
El Paso plunged $4.16 to $7.51 aftera
said.
said.
Zix officials did not respond
Monday to calls from The
outlook. The selling spread across the
tech sector. Microsoft tumbled $1.96 to
contributing to a rise in power
prices, a federal regulatory judge
ruled Monday.
California regulators alleged
El Paso used its dominance of
the Southern California market
By BRAD FOSS
The Associated Press
Sanders’ statement, saying his
company has not been contacted
by the SEC regarding this issue.
After his speech to the bankers,
Perry conceded during a news
conference that he didn't under
“That’s why I’m asking Mr.
Sanchez to come forward,’ he Curtis L. Wagner, the Federal natural gas prices added $1 bil-
—~. . Energy
Sanchez owns more than 11 C_
tive law judge.
That was a period of high
demand and laige price increas-
es for natural gas.
El Paso “withheld extremely
j Energy Regulatory lion to the cost of energy pro-
Commission’s chief administra- duced at its gas-fired power
plants.
California wants FERC to
order El Paso to refund at least
$200 million, roughly equiva-
lent to El Paso’s profits from the
cent of the capacity on its
stand what the SEC was asking of
Zix.
El Paso said it will ask FERC
to reject Wagner's decision.
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Form #SPDA 19
2.... . ’ ' c The retail sector was particularly hard-
ilf-fulfilling prophecy,” said Charles earnings warnings this month. Monday’s hit. Wal-Mart declined $1.95 to $52.75
r— r™ cdcc news gave investors little reason to after the discounter said September sales
believe that a turnaround would happen will likely come in at the low end of its
The Nasdaq fell 36.16, or 3.0 percent, anytime soon and left open the possibil- estimates of a 4 to 6 percent increase.
the company’s method of
“Mr. Sanchez should lead by accounting for revenue from a j
deal in which Entrust was
required to make minimum annu-
Nasdaq falls to six-year low amid earnings warning
to 1,184.93, its lowest close since it ity of what’s called a double-dip reces-
reached 1,165.81 on Sept. 12,1996. sion.
The broader market also retreated. The New York-based Conference
The Dow fell 113.87, or 1.4 percent, Board reported its Index of Leading
to 7,872.15, after declining 3.9 percent Economic Indicators fell 0.2 percent last
last week. The losses gave the index its month, the third straight riionth of
third triple-digit decline in five sessions declines — and a bigger-than-ejected
— and put it just 169 points above its drop than analysts had forecast.
July 23 low, 7,702.34. JDS Uniphase fell 21 cents, or 9.8 per-
The Standard & Poor’s 500 index cent, to $1.93 after the optical technolo- ’
declined 11.69, or 1.4 percent, to 833.70, gy company lowered its first-quarter
'the* boa^'7unishing ,sh^es”of following a weekly drop of 5 percent.
- All three indexes have been on a
monthlong losing streak. Since Aug. 22, $45.50, while Texas Instruments
est dose since September 19967 andTlie Dow has lost nearlY i"200 Po^- dropped 77 cents to $14.61.
_ - - . - _ _ t____x______ •_______i_. i__x ____cj pi n------,i tb a 1 c x„ <b" " “ n
dence due to mixed economic news, federal regulatory judge ruled that the
„ ‘ on
the pace of corporate profit growth or war with Iraq. California’s natural gas supplies during
the lack thereof, and I think the reports Analysts say the strength of die eco- die state's 2000-2001 energy crisis, help-
that we’re seeing about a possible retest nomic recovery has been investors’ main ing to push power prices sharply higher.
of July ’s lows are somewhat making that concern, particularly with the release of
. a sel“
G. Crane, strategist for Victory SBSF
Capital Management.
percent of Zix, which posted a net
But according to a Sept. 16 fil- loss of $17.7 million in the first |
“preliminary investigation” of ing with the SEC, Zix officials six months of 2002 on revenue of
Zix and that the case constituted reported that SEC’s enforcement less than $700,000, according to .
“the latest case of possible corpo- division phoned Zix to ask about SEC filings.
SAN ANTONIO (AP) — Gov. rate wrongdoing.”
Rick Peny on Monday called on
Democratic opponent Tony example and release relevant
Sanchez to tell Texas what he business records and come clean
knows about alleged “accounting concerning the accounting irreg- al payments to Zix to total $4.25
irregularities” at a Dallas-based ularities at Zix Corp.,” Perry told million between 2001 and 2005.
company where Sanchez is on the the bankers’group. Kenneth Kraemer, a
board of directors. Sanchez spokesman Mark spokesman for Entrust, disputed
Sanchez is a laige investor in Sanders countered that the gover- -
Zix Corp., which develops com- nor is wrong about the matter,
puter software to improve securi- and that the SEC actually asked
ty of e-mail and other online questions not of Zix, but rather of
communication systems. Entrust, which Zix has done busi-
Zix reported last week that it ness with in the past,
received a phone call from the “The governor is either being
Securities and Exchange deliberately ('deceitful or uncon-
Commission's enforcement divi- trollably slow v/fien it comes to
sion regarding its accounting for the facts in this case,” Sanders
revenue from a deal with said.
Addison-based Entrust Inc.
In a speech at a bankers’ con-
vention in San Antonio, Perry Associated Press.
said the SEC had launched a T
NEW YORK—The Nasdaq compos-
ite index slid to a six-year low Monday
and the rest of Wall Street fell equally
hard amid a worsening outlook for the
U.S. economy. The Dow Jones industri-
als dropped more than 100 points.
Responding to a smattering of bad
news — and lacking any positive eco-
nomic data — investors essentially sold
across t
everything from Microsoft to Wal-Mart.
The selloff carried the Nasdaq to its low-
Dow back toward the four-year low it Investors have increasingly lost confi-
reachedJuly23. t1-”-- --- 2~LJ ——, . _ _
“The air is thick with concern about earnings warnings, and concerns about a energy company had cut back
the pace of corporate profit growth or war with Iraq.
the lack thereof, and I think the reports I
The Associated Press
Specialist Garet Boehning rubs his eyes as he works on the New York Stock
Exchange trading floor on Monday. An earnings warning from JDS Uniphase and
more disappointing economic news prompted another selloff on Wall Street, as
investors, anxious after four weeks of declines, decided they were better off stay-
ing away from stocks.
Governor calls on Sanchez to speak up about Zix inquiry Judge:Texas energy company drove up Calif,
power prices by tightening natural gas supply
WASHINGTON (AP) — A laige amounts of capacity that it transactions.
Texas energy company tightened could have flowed to its
California natural gas supplies California delivery points,”
during the state’s energy crisis, Wagner said.
—+-sk..*s„„ +„ :------ He recommended that FERC
— which must sign off on the
ruling — impose penalties on
El Paso Corp., through its El El Paso for its actions.
Paso Natural Gas pipeline sub-
sidiary, held back at least 10 per-
pipeline delivering gas from its to inflate the price of gas sold
Southwest gas fields to there by $3.7 billion. Southern
California from November 2000 California Edison, a large
to March 2001, said Judge investor-owned utility, said high
r2
®lje Saptotun g>un
RETIRING?
Retiring or
Changing jobs?
Our readers start the day armed
with current market information.
closed over the weekend and may be
affected for the rest of the week. Some
U.S. oil firms were evacuating
nonessential personnel Monday while
the Mexican state-owned company was
reported evacuating 8.000 workers from
the region.
The rejection Saturday of new U.N.
resolutions by top Iraqi officials makes
the unfettered introduction of weapons
inspectors unlikely, and increases the
likelihood that the-United States will
take military action against Iraq, ana-
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at the Louisiana Offshore Oil Port have
been delayed by Tropical Storm Isidore,
brokers said.
"The hurricane could be damaging
and disrupt imports from the shipping
channel and inventories could show a
huge drawdown in stocks,” said Don
Luke, vice president at Fimat USA Inc.
The storm also made traders jittery
about natural gas supplies. The October
natural gas contract gained 22 cents to
$3,978 per 1,000 cubic feet.
The Louisiana port’s operations
lysts said.
On Monday, President Bush kept the
pressure on, saying that a “strong" res-
olution is needed from the U.N. or the
U.S. would act alone.
"If they won’t act, the United States
will," Bush said. "We will not allow the
world’s worst leaders to threaten us
with the world's worst weapons.”
There were also comments from the
Organization of Petroleum Exporting
Countries suggesting that the oil cartel
won’t necessarily raise output if prices
cents a gallon while October gasoline
futures vaulted 2.86 cents to 84.27
cents a gallon.
On London's International Petroleum
Exchange, November Brent crude from
the North Sea gained 70 cents to
$29.13 per barrel, posting a one-year
high.
Oil prices in London rose modestly
after Iraq announced over the weekend
it would defy any new U.NTresolutions.
Then prices surged at the opening bell
in New York amid news that operations
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NEW YORK (Dow Jones News) — The
price of oil and products derived from
crude rallied Monday because of height-
ened concerns about a war with Iraq
and the effects of a tropical storm.
Tropical Storm Isidore delayed ship-
ments into one of the major U.S. ship-
ping points of crude oil.
Crude oil for November delivery
jumped 87 cents to $30.71 a barrel on
the New York Mercantile Exchange — a
19-month high. October heating oil
futures climbed 1.87 cents to 80.57
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Cash, Wanda Garner. The Baytown Sun (Baytown, Tex.), Vol. 80, No. 302, Ed. 1 Tuesday, September 24, 2002, newspaper, September 24, 2002; Baytown, Texas. (https://texashistory.unt.edu/ark:/67531/metapth1184647/m1/9/: accessed July 16, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Sterling Municipal Library.