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Enron Mail |
======================== THE MOTLEY FOOL ======================== B R E A K F A S T N E W S Monday, September 24, 2001 benjamin.rogers@enron.com ================================================================= IN THIS ISSUE --------------------- - TOP STORY: Federated's September Chill http://www.fool.com/m.asp?i=501890 - NEWS TO GO: VeriSign, Boeing, and Novell http://www.fool.com/m.asp?i=501891 - POST OF THE DAY: Buffett Says... http://www.fool.com/m.asp?i=501892 ================================================================= SPONSORED BY: IBD Sign up for two FREE weeks of Investor's Business Daily and learn how to use this valuable source of investor information with an online tutorial from the Fool. http://www.lnksrv.com/m.asp?i=501893 "The older we get, the more we realize that service to others is the only way to stay happy." -- Carl Holmes ----------------------------------------------------------------- TOP STORY ----------------------------------------------------------------- FEDERATED'S SEPTEMBER CHILL Federated Department Stores (NYSE: FD), operator of such chains as Macy's, Bloomingdale's, and Lazarus, said September business has dropped off dramatically since the terrorist attacks that targeted New York and Washington on the 11th. <<FULL STORY: http://www.fool.com/m.asp?i=501894 ----------------------------------------------------------------- NEWS TO GO ----------------------------------------------------------------- Internet infrastructure firm VeriSign (Nasdaq: VRSN) agreed to buy wireless communications network services company Illuminet (Nasdaq: ILUM) in a stock deal valued at approximately $1.2 billion based on Friday's closing prices. Aircraft maker Boeing (NYSE: BA) agreed to pay $92.5 million to settle a class action stockholder lawsuit filed against the company in 1997. Stockholders alleged that the company withheld information about production problems, hurting the company's share price. Boeing recently announced broad job cuts. http://www.fool.com/m.asp?i=501895 A story in today's Los Angeles Times cites unnamed sources as saying file-swapping maverick Napster may soon ink a deal with an agency that represents many leading recording companies, which may free up the company to launch a fee-based music download service. While the company already has deals with some labels, they won't take effect until the new service debuts. http://www.lnksrv.com/m.asp?i=501896 American Trans Air parent company AmTran (Nasdaq: AMTR) said Citigroup's (NYSE: C) Citicorp and Salomon Smith Barney withdrew their commitment to finance the company's planned going-private transaction. AmTran is currently evaluating its options but is not sure the deal will go through. Paul Larson covered the situation facing several airline operators last week. http://www.fool.com/m.asp?i=501897 Internet software vendor Novell (Nasdaq: NOVL) extended its stock buyback plan through June 30, 2002, and said $400 million was available for use. Many companies have restarted or extended their buyback plans following last week's poor market performance. http://www.fool.com/m.asp?i=501898 Vacation rental property management company ResortQuest (NYSE: RZT) said it would cut 100 jobs and institute pay and hiring freezes as it looks to reduce overhead during what is expected to be a difficult time for travel companies. Boca Resorts (NYSE: RST), meanwhile, lowered its guidance for the second half of the year. Cruise lines were among the companies reporting bad news last week. http://www.fool.com/m.asp?i=501899 ----------------------------------------------------------------- POST OF THE DAY ----------------------------------------------------------------- BUFFETT SAYS... "[Bill Mann] Buy and Hold is only defenseless when it is applied without any view of business realities. Buy and Hold cannot protect one from bad buy decisions, which JDS Unipahse at $150 undoubtedly was, as Lucent at nearly any price was. That Buffett makes better buy decisions than most is irrefutable." <<FULL POST: http://www.fool.com/m.asp?i=501900 ================================================================= SPONSORED BY: IBD Sign up for two FREE weeks of Investor's Business Daily and learn how to use this valuable source of investor information with an online tutorial from the Fool. http://www.lnksrv.com/m.asp?i=501901 ================================================================= My Portfolio: http://www.fool.com/m.asp?i=501902 My Discussion Boards: http://www.fool.com/m.asp?i=501903 WANNA TAKE THE SHORTCUT? Check out our new Crash Courses, the fastest way to get your finances in order. Get results in less than an hour, for just $10. Try one today! http://www.fool.com/m.asp?i=501904 PERKS FOR FOOLS ONLY Get free stuff and special offers, just for you! http://www.fool.com/m.asp?i=501905 CUSTOMER SERVICE Ask our staff for help with email delivery problems. http://www.fool.com/m.asp?i=501906 UNSUBSCRIBE Here's how to unsubscribe or change your settings. http://www.fool.com/community/freemail/freemaillogin.asp?email=benjamin.rogers@enron.com _________________________________________________________________ Copyright © 1995-2001 The Motley Fool. All rights reserved. Legal Information: http://www.fool.com/m.asp?i=501907 MsgId: msg-31679-2001-09-24_9-20-40-336403_2_Plain_MessageAddress.msg-09:21:09(9-24-2001) X-Version: mailer-sender-master,v 1.84 X-Version: mailer-sender-daemon,v 1.84 Message-Recipient: benjamin.rogers@enron.com
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