THE JOURNAL RECORD

Resource for Oklahoma that specializes in business, legislative, and legal-related information sources. It gives daily updates and opinion on real estate, energy, finance, capitol, and law.

Articles from February 16, 1998

Additional Appropriations Expected
The State Equalization Board is expected to certify an additional $19.9 million Tuesday for appropriation by the Legislature for the fiscal year that begins July 1.Officials said the increase is driven largely by anticipated growth in corporate income...
A Mouse to Make Computers Touchy-Feely
Most people who use computers probably take it for granted that working with a PC means watching and listening to what is happening on the screen. It's probably safe to say that not many have lamented that life would be much better if they could feel...
Analysts Foresee New Highs as Concerns over Asia Lessen
NEW YORK -- U.S. stocks probably will extend their rise to record highs in coming days on optimism that Asia's financial troubles will have little additional impact on U.S. companies.Smaller stocks should see the biggest gains, investors say. The large-stock...
Business Calendar
Information for the Business Calendar should be sent to Ronnie Clay, The Journal Record, P.O. Box 26370, OKC, 73126-0370, or by fax to 278-2890. Feb. 17Metro Tech Adult Continuing Education "Quickbooks Pro 5.0--Payroll System," 6-9 p.m. at the Computer...
Business World
Boogie daysNEW YORK (NYT) -- Times never have been better for the adult video genre. Taken altogether, home video earned about $16 billion in 1997. According to a poll of 4,000 retailers across the country conducted by Adult Video News, a trade publication,...
Can Premier Handle Its Growth?
With the ink drying on a deal to buy the Six Flags theme park chain, Premier Parks executives must prove they can manage a company five times its current size while carrying a huge burden of debt.Premier, the Oklahoma City owner of White Water Bay and...
Click Here
Turn-on: Meatballs! Turn-off: Big dog next door!http://www.rwoof.com/rwoof/index.htmlIf you are among those who believe that dogs are really good people (Cybergeek agrees), then you should bookmark Rwoof! and save yourself a trip to the store. Rwoof!...
Columbia Posts $1.29 Billion Loss
NASHVILLE, Tenn. (AP) -- Columbia/HCA Healthcare lost $1.29 billion during the fourth quarter as the hospital giant continued a restructuring prompted by a massive federal investigation into its billing practices.Columbia's revenues dropped 9 percent...
Consulting Group Re-Elects Treas VP
Larry Treas, president and founder of The Michael Group of Oklahoma City, has been re-elected vice president and treasurer of the Society of Telecommunications Consultants.The Carmel Valley, Calif.-based group is an international organization of 235...
Devon Energy Files Offer for Burlington Resources
OKLAHOMA CITY (JR) -- Devon Energy on Friday began a tender offer for units of Burlington Resources Coal Seam Gas Royalty Trust.Devon filed a Schedule 14D-1 Friday with the Securities and Exchange Commission. The offer will be for $8.75 per unit in...
Exporting Is One Way to Expand
You needn't be a mega-company to reap the profits of exporting, but you do need to know some ins and outs of the international scene.Small and midsize businesses interested in exporting will find trade missions extremely helpful. Trade missions narrow...
Focus Groups Offer Candid Feedback in Research Forum
Every month I take on the role of a focus group facilitator, and over the course of the last 20 years I have been a participant, viewer and facilitator for hundreds of such events.There seems to be a growing army of complaint about the probity of focus...
KC Fed Head Predicts Slowing Growth
WICHITA (Bloomberg) -- The U.S. economy should slow "to some degree" this year after growing at a 3.8 percent pace in 1997, according to Federal Reserve Bank of Kansas City President Thomas Hoenig.Even as growth slows from last year's pace, consumer...
Managed Care Rules Becoming Hot Issue
AUGUSTA, Ga. -- Rep. Charlie Norwood, a small-town dentist with an oversized dislike of big government, plunged into politics in 1994 in large part to fight President Clinton's plans for national health insurance.But three years later this feisty, good-natured...
Microsoft, Gates Face Mounting Challenges
WASHINGTON -- In 1972, well before he became the world's richest man, Microsoft co-founder Bill Gates spent a summer as a page on Capitol Hill. His patron at the time, then Rep. Brock Adams, D-Wash., recalls that after Democratic presidential nominee...
More Portfolio Managers Take Chances Moving to New Funds
BOSTON -- Veteran fund manager Tom Marsico has had little trouble raising money since he went out on his own.Marsico, who established himself as one of America's better stock pickers while working at Janus Capital, has attracted more than $60 million...
Mortgages
A list of mortgages filed with the Oklahoma County Clerk's office is published daily in The Journal Record. Information listed for each mortgage includes book and page numbers, names of the mortgagor and mortgagee, mortgage loan amount, property description,...
New Corporations
Information includes name, service agent, address, and incorporator.Incorporated July 7, 1997.CF/SPC NGU, Inc. William R. Bartmann, 2448 E. 81st St., Ste. 5510, Tulsa OK 74137-4248. Caroline B Benediktson. Mel's Iron, Inc. Robert D. Evans, 831 Oak St.,...
New Jobs Report Positive for Clinton
Peter O'Keefe with the White House Office of Public Liaison recently released Today's Jobs Report, and it's a very positive report for the Clinton White House.On Feb. 6, the U.S. Labor Department announced that the economy created 358,000 new jobs last...
New Locations
Received: 2/12/98Carter CountyONEOK Resources Co.; Box 871, Tulsa 74102-0871 (918-588-7700); #1-11 Stevens; se nw se 11-3s-1e; 1622' fsl & 1021' fwl; 7200' Hunton; On permit ONEOK Resources Co.; #2-6 J. Little; n/2 s/2 nw 6-3s-2e; 1030' fsl & 1320'...
Optimistic Outlook Expressed for U.S. Agricultural Exports
STILLWATER (JR) -- Some good opportunities exist for a general increase in U.S. agricultural exports the rest of this decade as economic and social situations in some regions of the world continue to evolve.A strong point of good news is that the United...
Prudential Takes Steps to Convert to Public Firm
NEWARK, N.J. (AP) -- Prudential Insurance Co. of America, the nation's largest life insurer, is taking steps to become publicly traded.If it converts, a process that requires the approval of the New Jersey Legislature and other entities, Prudential would...
Push to Rush
A step toward speeding up deregulation of electric utility services was taken last week by the Senate Energy Committee, in advancing Senate Bill 888 by Sen. Kevin Easley, D-Broken Arrow. While the bill does not, in its present form, attempt to change...
Radio Supply Takes New Name, Owner
Radio Supply, Oklahoma City's 62-year-old electronic and technological parts supply firm, has a new name and a new owner.Gary Gatewood, son of former owners Leonard and Barbara Gatewood, has become president of the company and renamed it Synergy Datacom...
Roach Calls for `Waste Busters' Award
A state lawmaker is establishing a "Waste Busters" award as a tongue-in-cheek recognition of examples of excessive government spending and potential waste of taxpayer dollars.Rep. Russ Roach, D-Tulsa, said he patterned the award after the "Golden Fleece"...
SEC Staff Proposes Tighter Seed-Capital Rules for Companies
WASHINGTON -- The Securities and Exchange Commission is expected to consider a staff proposal to tighten restrictions on small companies that raise seed capital by selling stock privately to friends and family.The current rule, which lets public and...
Shell Sees Refinery Closures, Chemical Asset Sales Ahead
LONDON -- The Royal Dutch/Shell Group is planning to close petroleum refineries and make acquisitions and disposals of assets in its chemicals unit to revive flagging profit across the group.The world's largest publicly traded oil company, which last...
Some Firms Allowing Employee Nap Time
Every day after lunch, Katrina Resevic beds down under a desk next to a mailroom copier, lulled by the hum of the machine. Her employer, Regina Villa, is undisturbed by the daily siesta. In fact, she OK'd it."I eat while I'm working. Then, I take my...
Specialists to Discuss Legal Issues with Home-Based Business Owners
STILLWATER (JR) -- Home-based, micro- and small-business owners in Oklahoma who have legal and regulatory questions concerning a planned or established business should make plans now to attend an informative workshop concerning these issues.Glenn Muske,...
The Mystery of Flowing Cash
The phenomenon of cash flow remains a mystery for many business owners. Yet your banker assumes you have the requisite experience to predict cash shortfalls well in advance. So if you can't demonstrate the ability to project future cash flow deficits,...
Tinseltown Tries to Recapture Its Former Glamour
LOS ANGELES -- It's an ambitious Hollywood project, with a budget sure to climb into the high millions with thousands upon thousands of potential customers. Yet the major studios want no part in it.Presenting: the makeover of Hollywood Boulevard, now...
Venture Forum Expands Its Mission
Bringing together people interested in growing small businesses has been the rallying cry for the Oklahoma Venture Forum since its formation in 1987. But in the public's mind, it had a different image."For 11 years, people have thought of us as a place...
Warranty Deeds
A list of Warranty Deeds filed with the Oklahoma County Clerk's office is published daily in The Journal Record. Information listed for each warranty deed includes book and page numbers, the owner of the property granting the property to a new owner,...

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