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Program: Friday, October 17, 2003

Good Economic News... Bad Wall Street Reaction
Lawmakers Are Working Overtime On A Medicare Prescription Drug Benefit
Market Monitor- Richard Steinberg, Portfolio Man., Reserve Large Cap Growth Fund
Last Word-Tall Stature, Tall Salary
The Week Ahead
Paul Kangas' Stocks In The News
Market Stats

10/17/03: Good Economic News... Bad Wall Street Reaction

SUSIE GHARIB: Wall Street ended the week on a down note despite some good economic news today. The Dow tumbled about 70 points and the NASDAQ lost 37. While investors cashed in on profits, they got more evidence today that the economy is rebounding -- an improvement in a key consumer sentiment survey and a healthy surge in home building. Scott Gurvey has details.

SCOTT GURVEY, NIGHTLY BUSINESS REPORT CORRESPONDENT: Consumers are becoming more confident as evidence continues to show the economy is doing better. The stock market rally came first, followed by signs of stability in the manufacturing sector and finally a glimmer of hope that employers are beginning to hire new workers after a long, long string of job cuts. Now, the University of Michigan`s Consumer Sentiment Index for mid October shows a bigger increase from its September reading than expected.

KEVIN LOGAN, ECONOMIST, DRESDNER KLEINWORT WASSERSTEIN: Consumer confidence has been pretty, very stable for the last several months. Today`s report showed a slight increase. That`s probably related to improvements in the labor market. In September, we saw payroll employment increase for the first time in eight months and the unemployment rate was more or less stable. So labor market conditions seem to be improving a little bit, and that`s important for consumer confidence.

GURVEY: Another confidence booster, evidence that higher mortgage rates haven`t hurt the home building sector. Starts of new homes rose about 3.4 percent, to a seasonably adjusted annual rate of 1.89 million in September. That matches the record set in July and was better than expected. So far this year, nearly 1.4 million new homes have been started, a 5.4 percent increase over last year. And home builders remain optimistic about the pace of home construction over the next six months.

STEPHEN GALLAGHER, CHIEF U.S. ECONOMIST, S.G. COWEN: Mortgage rates are now moving back above six percent on a 30 year fixed. I would look for them to even move up to 6 1/2 percent going into early 2004. And I think that`s why households are trying to grab that lower mortgage rate while they can. I think it will slow housing down. I don`t think housing is going to be weak for a long time, but I think it will taper off from these exceptionally high levels that we`re currently seeing.

GURVEY: Next week the markets are once again expected to focus more on earnings than on economics, with no major government reports on the calendar. Scott Gurvey, NIGHTLY BUSINESS REPORT, New York.

Nightly Business Report transcripts are available on-line post broadcast. The program is transcribed by eMediaMillWorks. Updates may be posted at a later date. The views of our guests and commentators are their own and do not necessarily represent the views of Community Television Foundation of South Florida, Inc. Nightly Business Report, or WPBT. Information presented on Nightly Business Report is not and should not be considered as investment advice. Copyright (c) 2003 Community Television Foundation of South Florida, Inc. ALL RIGHTS RESERVED. Terms of use.



10/17/03: Lawmakers Are Working Overtime On A Medicare Prescription Drug Benefit

SUSIE GHARIB: Also in Washington, lawmakers are working on a prescription drug benefit for Medicare. Both the House and Senate have passed bills and a handful of lawmakers are now negotiating their differences in conference. The conferees missed a self-imposed deadline today, but say they`re making progress. Stephanie Woods reports.

STEPHANIE WOODS, NIGHTLY BUSINESS REPORT CORRESPONDENT: Politicians have long promised to add a prescription drug benefit to Medicare. In an effort to deliver, key lawmakers met behind closed doors today to try to figure out a way to add the benefit and still keep costs under control. Democratic leader Tom Daschle worries the current plan could raise health care costs for seniors.

SEN. TOM DASCHLE (D-SD), MINORITY LEADER: When the American people find out how bad that Medicare bill is in its current form, with premium supports, means testing, higher costs all the way around for senior citizens, there will be a revolt, I guarantee you. There will be a revolt.

WOODS: But the powerful seniors` lobby is not ready to revolt. They want to see a bill passed now that will provide Medicare recipients drug coverage. Still, they expect many will be disappointed.

DAVID CERTNER, FEDERAL AFFAIRS DIRECTOR, AARP: This bill will not meet expectations. I think the way this bill has been talked about and been sold and been promised over the last few years has raised expectations. Individuals will not be getting the kinds of retiree health coverage that they may be having through their employer, for example. It`s just not going to be as generous, and, in fact, it may be more complicated in some respects.

WOODS: Medicare is a top priority for the President and Republican leaders. Already there is $400 billion budgeted to pay for it. Analysts expect that price tag to grow.

JOANNE WOODWARD, POLICY ANALYST, GOLDMAN SACHS: It`s going to be quite costly for the government and the federal deficit will explode. But no one`s worried about the deficit these days in Washington.

WOODS: The conferees will work through the weekend to try to craft a deal. Senate Majority Leader Bill Frist says he hopes to pick up the pace next week. Analysts expect a prescription drug benefit for Medicare to be signed into law by the end of the year. Stephanie Woods, NIGHTLY BUSINESS REPORT, Washington.

Nightly Business Report transcripts are available on-line post broadcast. The program is transcribed by eMediaMillWorks. Updates may be posted at a later date. The views of our guests and commentators are their own and do not necessarily represent the views of Community Television Foundation of South Florida, Inc. Nightly Business Report, or WPBT. Information presented on Nightly Business Report is not and should not be considered as investment advice. Copyright (c) 2003 Community Television Foundation of South Florida, Inc. ALL RIGHTS RESERVED. Terms of use.

10/17/03: Market Monitor- Richard Steinberg, Portfolio Man., Reserve Large Cap Growth Fund

SUSIE GHARIB: Our market monitor guest tonight is Richard Steinberg. He is the portfolio manager of the Reserve Large Cap Growth Fund, which has a high Morningstar rating, three out of five stars. And we`re happy to have you with us tonight, Rich. It`s your first time as a market monitor. We welcome you to the program.

RICHARD STEINBERG, PORTFOLIO MGR., RESERVE LARGE CAP GROWTH FUND: Thanks. Nice to see you, Susie.

GHARIB: Why don`t we begin with what is your outlook for the markets? I understand that you`re seeing it as flat to down for the rest of the year. Give us your analysis on that.

STEINBERG: Yes, I think, you know, we`re carrying roughly $58.50 to $59 in S&P earnings, and I think we`ve just come up too fast. I think we`re setting ourselves up if we do pull back and digest some of these gains, to set ourselves up for a good next year. But I think we have to digest things. The market feels like to us like it`s ahead of fundamentals and I think you`re starting to see that in the last couple of days, where companies are reporting good numbers, but they`re not significantly better than people had hoped.

GHARIB: So you said something about setting up for a good next year. Do you think 2004 will be positive for the markets?

STEINBERG: I do. You know, we`ve met with or spoken to a number CEOs. And, you know, the first question we ask them is do you think that the economy is actually as strong as people think? And we`re getting mixed results there. So I think we need to see a catalyst of continued better job growth and we`ll have the ability to drive earnings here maybe an extra nine or 10 percent next year. And then the market will follow those numbers accordingly. I think we could have a, you know, a 19 or 20 multiple over time again for the S&P, but we have to make sure that the earnings are justifying that.

GHARIB: All right, well, with that as a backdrop, what is the strategy that you follow in your fun, your portfolio? What kind of stocks are you looking for?

STEINBERG: Right. Both at Steinberg Global and for the Reserve Capital Growth Fund we take a GARP approach, that we`re trying to find growth at a reasonable price. And I think even though the market may be flat going into the last quarter here, we still are able to find some opportunities that are either cheap on an absolute P/E basis, cheap relative to peers. So we`re finding opportunities and what we`re trying to do is find companies that are either number one or number two market share leaders that make sense, that have had the opportunity to take market share in this tough economy and they`ll have the ability to drive profits later.

GHARIB: now, I understand that General Electric (GE) is your top holding. And we`ve seen that the stock is down almost to $2 since we reported its third quarter earnings last week. Give us your analysis on G.E.

STEINBERG: Yes, a couple of days ago G.E. came and said that they were guiding the range down for the fourth quarter a couple of pennies. I think that`s a lot of noise. I think people have to start to focus on `04 numbers. We`re carrying $1.70 for `04 for G.E. If you give it a 20 multiple, you get to that 35 or 36 area. So it`s a name that I think you hold onto here. There`s no great reason to jump back into it. If it pulls back a little bit more, it may be a better opportunity. They have just, what Jeffrey Immelt is doing is reinvesting slower growth businesses back into faster growth businesses, especially in the medical area.

GHARIB: So if you don`t own the stock, is it something that you would recommend buying now?

STEINBERG: I think you could buy it on a little bit more of a pullback. Don`t forget, now that they`ve bought Amersham (AHM) for $9.5 billion in stock, the arbitrageurs will be shorting G.E. and buying Amersham. And in addition to that, international fund holders, because it`s a U.K. company, are not going to be allowed to own U.S. stocks. So after the deal gets done, you`ll see a changing of hands from international shareholders to U.S. That could keep a lock on it.

GHARIB: OK. All right, let`s go over some of the other stocks that you like right now. What else do you find attractive?

STEINBERG: I think right now Clear Channel Communications (CCU), which pay not sound like a household name, but it is. It`s the largest owner of radios. They own over 700,000 billboards and very strong and live entertainment. The stock is really kind of misunderstood, I think. Seventy percent of their revenues come from advertising, so if the economy does turn and ad revenues pick up, this would be the major beneficiary. We have them earning $1.50 and they`re throwing off over $2.25 in free cash flow.

GHARIB: What else?

STEINBERG: Another name that we like right now that`s kind of unwanted is T.J. Maxx, TJX Corp. (TJX). They own Marshal`s, TJX, off brand retailer. The stock will earn over $1.45./ We think it could again trade close to that $20 multiple, with a $29 reward. We spoke to a trucker recently that trucks for them, and they`re busier than ever. So --

GHARIB: That`s a good sign.

STEINBERG: It`s a very good sign.

GHARIB: all right, I see you have Hewlett Packard (HPQ) on your list here. And we see that the stock there has been in a trading range.

STEINBERG: It`s really kind of the one that`s really missed this tech rally. I think that Carly Fiorina, the CEO, still doesn`t have the confidence of management. We have them earning over $1.40, though. It`s very, very cheap and, again, it`s a great model, great brand and it`s what I call the Gillette (G) model, give the printers away and sell people the ink.

GHARIB: OK --

STEINBERG: In addition, if CapEx spending turns, you`ll see some real growth to the service side of their business.

GHARIB: let`s see if we can squeeze in a few more before we have to jump off here. ChevronTexaco (CVX). What`s the story there?

STEINBERG: ChevronTexaco is really an oil story. You know, oil is staying above $30 a barrel. You know, their stock is kind of holding its own here. Great dividends. And I think that the cost savings will continue between the merger.

GHARIB: All right, Rich, tell us about, give us the disclosure. Do you own any of these personally?

STEINBERG: I own G.E. personally. I own the fund, both the Reserve Fund, and the firm owns all of these names. And I own the Fund personally. So I guess by definition, I own all the names.

GHARIB: OK. All right. Listen, it was great having you on the program for your first time.

STEINBERG: Great. Good to see you, Susie.

GHARIB: Hope to have you back.

STEINBERG: Sure. Thanks.

GHARIB: We`ve been speaking with Richard Steinberg. He`s Portfolio Manager of the Reserve Large Cap Growth Fund.

Nightly Business Report transcripts are available on-line post broadcast. The program is transcribed by eMediaMillWorks. Updates may be posted at a later date. The views of our guests and commentators are their own and do not necessarily represent the views of Community Television Foundation of South Florida, Inc. Nightly Business Report, or WPBT. Information presented on Nightly Business Report is not and should not be considered as investment advice. Copyright (c) 2003 Community Television Foundation of South Florida, Inc. ALL RIGHTS RESERVED. Terms of use.

10/17/03: Last Word-Tall Stature, Tall Salary

SUSIE GHARIB: And finally, maybe Randy Newman was right when he sang about short people. A new study shows that taller people tend to earn more money and win more respect in the workplace. The study was done by a University of Florida management professor. And he says that each inch in height adds about an extra $800 a year in salary. The professor called the study troubling because except in obvious cases like pro basketball players, height is really not an essential ability to do a job well. The study showed the relationship between height and earnings was particularly present in sales and management careers. And, Jeff, the average height of the American man is 5`9." And for the average American woman, it`s under 5`4."

YASTINE: Well, it`s interesting that two of the biggest actors around, Sylvester Stallone and Tom Cruise, are both pretty short guys. So maybe their skill is --

GHARIB: Danny DeVito too, yes.

YASTINE: Absolutely.

Nightly Business Report transcripts are available on-line post broadcast. The program is transcribed by eMediaMillWorks. Updates may be posted at a later date. The views of our guests and commentators are their own and do not necessarily represent the views of Community Television Foundation of South Florida, Inc. Nightly Business Report, or WPBT. Information presented on Nightly Business Report is not and should not be considered as investment advice. Copyright (c) 2003 Community Television Foundation of South Florida, Inc. ALL RIGHTS RESERVED. Terms of use.

10/17/03: The Week Ahead

SUSIE GHARIB: Here`s a look now at what`s happening next week. Our Friday market monitor guest is Michael O`Higgins. He`s President of O`Higgins Asset Management. A light week for the economic calendar next week. Monday, it`s September leading economic indicators, and Thursday, weekly jobless claims come out. But it`ll be another big week for earnings. Dow components 3M (MMM), AT&T (T), Citigroup (C), Dupont (DD), Eastman Kodak (EK), J.P. Morgan Chase (JPM), McDonald`s (MCD), Merck (MRK), Microsoft (MSFT) and SBC Communications (SBC), they`re all scheduled to report.

Nightly Business Report transcripts are available on-line post broadcast. The program is transcribed by eMediaMillWorks. Updates may be posted at a later date. The views of our guests and commentators are their own and do not necessarily represent the views of Community Television Foundation of South Florida, Inc. Nightly Business Report, or WPBT. Information presented on Nightly Business Report is not and should not be considered as investment advice. Copyright (c) 2003 Community Television Foundation of South Florida, Inc. ALL RIGHTS RESERVED. Terms of use.

10/16/03: "Paul Kangas' Stocks In The News"

JEFF YASTINE: Well, eBay`s (EBAY) disappointing profit forecast for next year turned out to be a nice excuse to do some profit taking, despite the economic data Scott mentioned. The NASDAQ seeing the worst of the selling this morning. It opened about 6 points below yesterday`s close, rallied briefly to break even, then declined sharply. The blue chips likewise stair stepped lower through the morning levels. At midday the Dow was about 40 points in negative territory. However, unlike recent days, there was no late afternoon comeback to speak of for the indices and the Dow closed near the lows of the day, losing nearly 70 points, at 9,721.79. For the week, the Dow rose twice and fell three times, for a net overall gain of about 47 points. The NASDAQ Composite lost steam, as well, falling 37 3/4 points, to close at 1,912.36. And this week the Index fell in two out of the last five sessions, for a net loss of about 3 points. And the S&P 500 ended down 10 3/4 points. Well, bond traders ignored today`s positive economic news, which has tended in the past to push bonds lower because it heightens concerns about the Fed raising interest rates. Instead, bonds gained ground on flight to safety buying out of the stock market, with the 10-year note rising 15/32, to 98 25/32. And that sent the yield down a touch, to 4.4 percent.

We`ll see it in just a moment, as we take a look at our stocks in the news tonight.

And topping our list, Hughes Electronics (GMH) holding steady. Oppenheimer Research highlighted the advantage that DirecTV will have over its rival Echostar (DISH) in the coming year. News Corp. (NWS) is in the final stages of its buyout of the stock.

Lucent Technologies (LU) rising $0.03.

G.E. (GE) losing $0.47.

EMC (EMC) falling $0.20.

Advanced Micro (AMD) edged up $0.03 in reaction to its smaller than expected quarterly loss reported last night. The stock opened at $14.50, and then sold off for the rest of the day. It still managed to post that small gain. The Soundview Brokerage downgraded it on valuation concerns.

Pfizer (PFE) falling $0.32.

Nokia (NOK) rising $0.38.

A $0.02 gain for Micron Technologies (MU).

NorTel (NT) falling $0.11.

AT&T Wireless (AWE) losing about $0.08.

Here`s a look at XL Capital (XL), which plunged over $6. Shares for the reinsurance firm dropped below $70 after the company disclosed losses from operations in North America would likely hurt third quarter results. And Merrill Lynch downgraded the stock. S&P cutting profit estimates there.

Cadbury Schweppes (CSG) hatched a $0.95 gain after Goldman Sachs upgraded the candy maker. Whatever happened to the Cadbury Schweppes` egg, by the way?

Federated Investors (FII) advanced $1.37 thanks to an upgrade from Morgan Stanley.

And here`s a look at Media General (MEG), which rose more than $3. The TV and newspaper chain owner received a round of upgrades from C.S. First Boston and another firm, Davenport, that on the heels of Media General`s better than expected third quarter results.

Now, there`s Fannie Mae (FNM), Sallie Mae (SLM), Freddie Mac (FRE) and then there`s the lesser known country bumpkin, Farmer Mac (AGM), otherwise known as what you see on the screen there. Shares sprouted more than $2 after the General Accounting Office gave a thumbs up to the company`s financial stability. And that led to a nice short covering rally in the shares.

Zarlink Semiconductor (ZL) sank nearly a $1 after turning in a wider than expected second quarter loss of about $0.15 a share. It also warned that its third quarter results will likely come up short and analysts downgraded the stock.

Cytec Industries (CYT) finishing nearly $3 lower. That`s in reaction to a 30 percent drop in third quarter earnings due to higher energy and raw material prices. And the CEO doesn`t expect improvement in the fourth quarter, either.

Sensient Technologies (SXT), maker of food flavoring products, leaving a bad taste with shareholders. The company says it`ll likely miss yearly 2003 earnings by at least $0.03 a share because of a slump in sales. Today`s third quarter results came in $0.03 lower, as well.

Shares of Mohawk Industries (MHK) tumbled over $4. The carpet maker posted record third quarter earnings, but warned that fourth quarter results would miss Wall Street targets by at least $0.04 a share. The news sparking a sell-off in the stock, which began the year at $57.

Over on the NASDAQ, mostly losers today. Shares in eBay (EBAY) falling quite a bit, a more than three times average volume. As we mentioned last night, earnings were fine. The company said next year`s profits may fall short of earlier estimates.

Intel (INTC) losing $0.57.

Microsoft (MSFT) dropped $0.30.

Amgen (AMGN) tumbling $2.15.

And here`s a look at MedImmune (MEDI), which Susie mentioned a moment ago, tumbling $1.83. And as she said, the company dealt a major blow with Wal- Mart saying it will stock its Flu Mist vaccine because of some legal considerations.

Cisco Systems (CSCO) sliding $0.40.

Broadcom (BRCM) skated nearly $3. Smith Barney downgrading the stock on concerns that chip sales growth might be limited in the coming year.

Amazon.com (AMZN) losing $0.22.

Yahoo! (YHOO) falling $0.03.

Dell (DELL) lost a $0.10 for today.

Here`s a look at DoubleClick (DCLK), which had a nearly $3 loss. The shares getting flocked after the firm reported less than expected revenue numbers for the third quarter, although the earnings, $0.04 a share, did top estimates.

Integrated Device Technologies (IDTI) climbing more than $2. On a pro forma basis, the company lost a $0.01 a share compared to a $0.05 loss in the year ago period. Revenues fell 12 percent.

And Marketing Services (MKTG) soaring more than $2. The company reporting a small profit compared to a very big loss last year.

Decode Genetics (DCGN) jumping $1.72. The firm says it will develop a DNA- based test to identify people with a genetic predisposition for heart attacks, and Roche will be the company`s partner in the project.

And finally, Durect Corp. (DRRX) plummeting $1.37. The company`s conducting tests of its chronogesic pain therapy product. The latest data it received was disappointing for the company. Durect says it remains committed to getting FDA approval.

And those are the stocks in the news tonight.

Nightly Business Report transcripts are available on-line post broadcast. The program is transcribed by eMediaMillWorks. Updates may be posted at a later date. The views of our guests and commentators are their own and do not necessarily represent the views of Community Television Foundation of South Florida, Inc. Nightly Business Report, or WPBT. Information presented on Nightly Business Report is not and should not be considered as investment advice. Copyright (c) 2003 Community Television Foundation of South Florida, Inc. ALL RIGHTS RESERVED. Terms of use.

10/17/03: Market Stats


			     
                                  
                                      NET    PERCENT
                         CLOSE     CHANGE     CHANGE
DOW CLOSE              9721.79     -69.93       - .7
HIGH                                         9815.79
LOW                                          9701.72

NASDAQ COMP.           1912.36     -37.78       -1.9
HIGH                                         1949.69
LOW                                          1910.24

VOLUME                                       1,296.3
PREVIOUS                                     1,378.2
UP VOLUME                                      271.0
DOWN VOLUME                                    989.9

DOW TRANSPORTS         2847.28     -25.30       - .9
DOW UTILITIES           252.10      -1.11       - .4
CLOSING TICK                                    +470

S&P 500                1039.32     -10.75      - 1.0
S&P 100                 518.12      -5.39      - 1.0
MIDCAP 400              536.00      -7.41      - 1.4
REUTERS/CRB             245.99      unch.      unch.

NYSE COMPOSITE         5907.12     -45.13       - .8
VALUE LINE              337.02      -4.81      -1.41
RUSSELL 2000            520.36      -9.28      -1.75
WILSHIRE 5000         10098.38    -112.46       -1.1

U.S. TREASURIES
5-YEAR NOTE 3.125%
Sept. 15,2008         99  1/32     +10/32       3.34

10-YEAR NOTE 4.25%
Aug. 15,2013          98 28/32     +15/32       4.40

30-YEAR NOTE 5.375%
Feb. 15, 2031        101 24/32     +25/32       5.25

LEHMAN BROS.
LONG BOND INDEX        1697.28     +11.42


DOW CLOSE              9721.79     -69.93       - .7
ADVANCES                                        1008
DECLINES                                        2201
NEW HIGHS                                        186
NEW LOWS                                           3

                                      NET    PERCENT
NYSE MOST ACTIVES    4PM CLOSE     CHANGE     CHANGE
GMH    Hughes Electronic 15.45      unch.      unch.
LU     Lucent Tech        2.38       +.03       +1.3
GE     GE                28.55       -.47       -1.6
EMC    EMC Corp          13.15       -.20       -1.5
AMD    Advanced Micro    13.99       +.03        +.2
PFE    Pfizer            30.56       -.32       -1.0
NOK    Nokia Corp        17.00       +.38       +2.3
MU     Micron Tech       12.85       +.02        +.2
NT     Nortel Networks    4.56       -.11       -2.4
AWE    AT&T Wireless      8.19       -.08       -1.0

NASDAQ CLOSE           1912.36    - 37.78      - 1.9
VOLUME                                       1,749.8
PREVIOUS                                     1,772.3
ADVANCES                                         965
DECLINES                                        2183

NASDAQ ACTIVES
EBAY   eBay              54.86      -2.64       -4.6
INTC   Intel             31.66       -.57       -1.8
MSFT   Microsoft         28.93       -.30       -1.0
AMGN   Amgen             63.01      -2.15       -3.3
MEDI   MedImmune         28.18      -1.83       -6.1
CSCO   Cisco Systems     20.64       -.40       -1.9
BRCM   Broadcom          29.84      -2.84       -8.7
AMZN   Amazon.com        59.69       -.22        -.4
YHOO   Yahoo!            42.24       +.03        +.1
DELL   Dell Inc          36.41       -.10        -.3

AMEX CLOSE             1018.37     - 2.57       - .3

INDEX SHARES
DIA    DIAMONDS TRUST    97.30       -.75        -.8
QQQ    NASDAQ 100        34.61       -.83       -2.3
SPY    S&P DEP.RECEIPTS 104.26      -1.15       -1.1

STOCKS IN THE NEWS
XL     XL Capital Ltd    73.37      -6.03       -7.6
CSG    Cadbury Schwepp   27.20       +.95       +3.6
FII    Fed Investors     31.39      +1.37       +4.6
MEG    Media General     67.85      +3.36       +5.2
AGM    Fed Agriculture   29.36      +2.68      +10.0
ZL     Zarlink Semi       3.12       -.97      -23.7
CYT    Cytec Inds        34.42      -2.94       -7.9
SXT    Sensient Tech     20.02      -1.78       -8.2
MHK    Mohawk Inds       70.47      -4.46       -6.0
DCLK   Doubleclick        9.26      -2.98      -24.4
IDTI   Integrated Dev    14.95      +2.29      +18.1
MKTG   MKTG Services      5.00      +2.17      +76.7
DCGN   Decode Genetics    6.79      +1.72      +33.9
DRRX   Durect Corp        2.37      -1.37      -36.6


							 

 

 

 

 

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NBR appreciates the support of its national underwriters -- A.G. Edwards, Inc. and Franklin Templeton Investments. The program is produced by NBR Enterprises/WPBT2 and distributed by American Public Television.

   

 

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