The Indianapolis Star from Indianapolis, Indiana • Page 27

STA THE INDIANAPOLIS STAR MONDAY, DECEMBER 18, 2000 C3 BUSINESS RECORD NEWSMAKERS if COMPANY NEWS Dittmer Wildey Public Relations is forming Rosetta Advertising and Public Relations with Kuvin Dennis Public Relations, Louisville, Ky and Miller White Advertising, Terre Haute, Ind. BANKRUPTCIES 7ftese bankruptcies were filed Dec. 1-12 in U.S. District Court, Indianapolis, for the Southern District of Indiana. D-debt; A-assets.

Timothy Wayne Copeland and Candice M. Cope-land previously doing business as Kentuckiana Custom Glass; Ch. no and A listed. Debbie Marie Glover Herrington previously doing business as Herrington's Construction; Ch. $135,473.

William J. Nasby and Stephanie B. Nasby previously doing business as My Little Day Spa and Salon; Ch. $6,950.00. Carl E.

Roseberry and Lennie E. Roseberry previ- ously doing business as Cerco; Ch. no and A listed. NEW VENTURES Norandex Building Products has opened a facility at 9870 E. 30th (317) 869-0036.

RELOCATIONS Norandex Building Products lias relocated to 3740 Hanna Circle; (317) 821-8301. The Schneider Corp. has relocated to Historic Fort Harrison, 8901 Otis (317) 826-7100. Virtual Meeting Strategies has relocated to 8450 Westfield Suite 210; (317) 805-6600. HONORS The Indiana Department of Insurance has been awarded full accreditation by the National Association of Insurance Commissioners.

Merry Maids, owned and operated by Holly and Paul Schneider, was awarded the Dallen Peterson Award of Excellence. Meyer Plastics has achieved ISO 9001 certification for its quality management system. ONEX was named as a top 100 emerging company for 2001 by Computerwohd. Solutech Inc. has been named to the VARBusiness magazine e125 list for the top 125 solution providers with an e-business focus in North America.

WEB ADDRESSES Hoosier Media has completed the following Web sites: www.jdoutlet.com, for Bryan Implement; www.officesh-op.net, for The Office Shop; and www.bosschemical-.com, for Boss Chemical Plus. Business Record appears on Mondays and includes notices of company news, new products, new ventures, relocations, name changes, honors and Web addresses, published as space allows. Mail notices to Business Record, in care of Jill Klasing, Business Monday, P.O. Box 145, Indianapolis, 46206-0145. Send faxes to (317) 444-6200.

ACCOUNTING Blue Co. LLC has promoted Michael A. Fleetwood to director. CONSTRUCTION Steven Harcourt has joined MD Rowe Construction Inc. as a project manager.

LEGAL John Taylor of Sommer Barnard PC was named as parliamentarian for the upcoming session of the Indiana House of Representatives. David Millard of Leagre Chandler Millard was named in the 2001-2002 edition of Best Lawyers in America. Senghor A. Manns has joined Coots, Henke Wheeler PC as an associate. Donald W.

Buttrey of McMale, Cook and Welch has received the Indiana State University Distinguished Volunteer Service Award. TRADEPROFESSIONAL The Orchard School has elected the following to its board of governors: Jonathan Birge, president; Daniel Appel, vice president; Philip Genetos, secretarytreasurer; Catherine Hurst, John L. Krauss, Lillian Stokes, Mary Caito, Betsy Dustman, Gwen Fountain, Sally Harrell, William Wick, Dr. Eric Yancy and Abby Smith. Jane Howard has joined Verizon Wireless as public relations specialist.

David Hittle and Bruce Burking were elected to the board of directors of the John H. Boner Community Center. David Bridgeforth was hired as office manager. Terri Nissley has been named to the board of directors of the Indiana Addictions Issues Coalition. Newsmakers appears on Mondays and includes notices of promotions, appointments and elections, published as space allows.

Mail notices and photographs to Newsmakers, in care of Jill Klasing, Business Monday, P.O. Box 145, Indianapolis 46206-0145. Send faxes to (317) 444-6200. VrA a mtisMki il Hasinas -Fipcrtss lows He! TRADE PORULcon, Stun up 1w streetsi dTI i toHaMl i mm mmt MEfMMf Mtk 13 3 -'iiJ I Mtejf yw. ODDS Continued from Page 1 subscribes to about 20 publications, most of them financial.

He started trading stocks aggressively at age 19, briefly catching the attention of Money magazine. He got a feel for financial Web sites by landing an internship at RagingBull.com. One day he was surfing the Net and bought the domain name for StreetSidelnvestor, figuring, at worse, that I could pay for college if someone calls and wants to buy It (the name)." Now, Chan is quite content to keep it. The site claims about 250,000 monthly page views. That's a pittance compared with TheStreet.com.

But the StreetSidelnvestor team has been reluctant to throw gobs of money at marketing the site. Chan has refused to dance like a circus poodle before a venture capitalist clad In an Armani suit. He figures he'd be pressured to quickly grow the business, find fancy offices and hire lots of employees like a corporation. In fact, he oozes with incredulity about dot-coms that started with entrepreneurial spirit but lost focus after adding hundreds of employees who later were laid off. "Venture capital firms are irresponsible," he snaps.

"If you hire so many people It becomes a corporation," not an entrepreneurship Chan and his team have another reason to be suspicious of the moneybags. They're still licking their wounds after dealings with a would-be backer from Chicago, where Chan's eight-member team inhabited a ratty apartment to work on the site. Weeks later, though, the backer pulled out. Steamed at having given up Internships to work on the site, they returned to IU and sought help from businesses professors Richard Schrimper and Terry Butler. Prntinhlv 75 nprrpnt nf snrh start-ups would have folded after having their funding pulled, said Butler, who serves as StreetSldelnvestor's chief financial officer.

"They're the ones with the idea. Anybody who is trying to micromanage them is crazy," he said. Schrimper was so enamored Staff Photo Matt Kryger Sawy start-up: Indiana University economics student and StreetSidelnvestor.com exec Audrey The takes notes from the Bloomington operation's Web site. The financial news site that began in June offers views from both the "Who's Who" and the who? of industry. is proud fa prrwnt iH column.

tifjttui up ni cvminq pi rv6 (T) Jki nq til A f.il mtdjl pubtt otfrnnq. How One Sells Short "hire" (his crew doesn't yet earn salaries, per se) enough entrepreneurial-minded zealots like himself. Chan often doesn't go to bed until 5 a.m. and then rises three hours later. "I Just can't turn my brain off.

I think about StreetSide all hours of the day. But how do you teach somebody that?" The site, based out of his apartment, slowly is getting noticed. Bloomberg and other online financial services occasionally run blips about interviews StreetSideInvestor.com has conducted. For now, "All I need is enough (money) to take care of the water and gas and some food. The payoff is definitely down the road.

We're Investing in ourselves." The site also may add a spark to IU's attempts to boost entrepreneurlsm. "I have lots of students who will come up and say: don't want to work for a large company. I want to work for said Butler. "I say, What will you They say, 'Oh, I have an Internship with IMSIDER Alltrista Corp. John F.

Zappala, vice president, purchased 1,000 shares of common at $11.69 each on Nov. 15 and now directly and indirectly holds 4,200. Anacomp Inc. William C. Ater, vice president, sold 3,726 shares of common at 14 cents each on Nov.

21 and now directly and indirectly holds 0. Coachmen Industries Inc. Donald P. Rockwell, officer and treasurer, sold 680 shares of common at $7.63 each on Nov. 10 and now directly holds 7,420.

Consolidated Products Inc. Charles E. Lanharn, directqr, exercised an option for 6,239 shares of common at $7.69 each on Nov. 29. To cover the expenses of the transaction, Lanharn turned in 6,006 of them and now directly and indirectly holds 422,289.

James Williamson, director, exercised an option for 6,239 shares of common at $7.69 each on Nov. 29. To cover the expenses of the transaction, Williamson turned in 6,006 of them and now directly and indirectly holds 2,276,223. Wayne L. Kelley, officer of subsidiary company, sold 500 shares of common at $8.12 each on Nov.

23 and now directly and indirectly holds 2,128,115. Fidelity Federal Bancorp Barry A. Schnakenburg, director, purchased 1,000 shares of common at $2 each on Nov. 3 and sold 1,000 shares at $2 each on Nov. 3 and now directly and indirectly holds 329,327.

Hillenbrand Industries Inc. Michael L. Buettner, vice president, purchased 152 shares of common for $45.04 to $50.25 each from Nov. 6 to Nov. 10 and now directly holds 3,276.

Home Federal Bancorp Gerald L. Armstrong, vice president, sold 5,000 shares of common for $15 to $15.13 each Steven Harcourt David Millard Donald W. Buttrey TRADING from Nov. 21 to Nov. 29 and now directly and indirectly holds 37,220.

Ipalco Enterprises Inc. Bryan G. Ta-bler, vice president, sold 12,802 shares of common at $23.38 each on Nov. 30 and now directly and indirectly holds 40,565. John R.

Brehm, vice president, exercised an option for 150,000 shares of common at $16.41 each from Nov. 1 to Nov. 2 and sold 150,000 shares at $22.50 each from Nov. 1 to Nov. 2.

He now directly and indirectly holds 67,703. Norman S. Grauel, vice president, exercised an option for 20,000 shares of common at $16.41 each on Nov. 21 and sold 20,000 shares at $23.19 each on Nov. 21.

He now directly and indirectly holds 62,681. Paul S. Mannweiler, officer of subsidiary company, exercised an option for 25,000 shares of common at $16.41 each on Nov. 22 and sold 25,000 shares at $23.19 each on Nov. 22.

He now directly and indirectly holds 17,354. Ramon L. Humke, director, exercised an option for 150,000 shares of common at $15.69 each from Nov. 15 to Nov. 29 and sold 150,000 shares from $22.88 to $23.44 each from Nov.

15 to Nov. 29. He now directly and indirectly holds 236,107. Stephen M. Powell, officer of subsidiary company, exercised an option for 90,000 shares of common at $21.03 each from Nov.

22 to Nov. 27 and sold 90,000 shares at $23.25 each from Nov. 22 to Nov. 27. He now directly and indirectly holds 39,124.

Thermwood Corp. Linda S. Susnja-ra, president, purchased 65,800 shares of class new common at $4.75 each from Nov. 8 to Nov. 30 and now directly and indirectly holds 1,679,020.

Insider Trading is provided by First Call Thomson Financial of Boston. holidays Counter A 1L i tf qri v. Arthur The vast majority of students don't have the confidence to do (ventures) on their own," said Butler. He said such efforts can go a long way toward helping Indiana boost its high-tech industry. In other states, such as Massachusetts, universities are powerful incubators and are nurtured by scores of venture capital firms.

There's no doubt in my mind that you'd get a lot more business development here than at a high-tech park on the Northwestside of Indianapolis," Butler said. Meanwhile, Chan's team is working on foreign language versions of StreetSidelnvestor, including Spanish and Chinese. Further out, Chan would like to launch his own venture fund. For now, though, he's just trying to balance studies with running a business. "On Fridays," he says, "I'm not looking for beer money.

I'm looking for money to pay for an attorney." with the potential that he invested $10,000 of his own money in StreetSidelnvestor. "You have to invest in the person more than anything else. I Just hate to see a dream die." Chan's team briefly set up shop in Valparaiso, taking advantage of cheap office space and good Internet connections, but since has returned to Bloomington. "I'm glad to see that they've taken it slowly," said Matt Carrick, an analyst at the e-commerce evaluation firm Gomez.com. "I think the challenge for this site going forward is, how do they make money? There's a lot of these sites out there that do that same thing." To lure advertisers, such sites need to bring in traffic by offering fresh, credible content, Carrick said.

Chan said monthly revenues are "very near five digits" and that the revenue goal for 2001 is $500,000." To Chan, though, one of the biggest concerns is being able to 4,. bringW home for the societal ills, economic booms and Hoosier shenanigans Award-winning editorial cartoonist Gary Varvel draws it how it is. You can see his work every day in The Indianapolis Star and in his first book Varvelous. Supporting our students The Indianapolis Star would like to thank a great gift idea! only $9.95 on sale now at The Star Public Service and these area bookstores: Borders Barnes Noble Doubleday for their support of our Newspaper in Education program. The Star's Newspaper in Education program helps teachers use newspapers in the classroom as fun tools to study reading, math, science and current events.

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