The Salina Journal from Salina, Kansas on January 25, 1996 · Page 16
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The Salina Journal from Salina, Kansas · Page 16

Salina, Kansas
Issue Date:
Thursday, January 25, 1996
Page 16
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.04 THURSDAY. JANUARY 25, 1996 MONEY THE SALINA JOURNAL V APPLE COMPUTERS Analysts think company will never be the same Loss of employees could only add to problems of troubled computer maker By PETER H. LEWIS The New York Times The board of Apple Computer Inc. met for a second consecutive day Wednesday to try to devise a rescue plan for the fabled Silicon Valley company, which is leaking money, market share, talent and industry support at an alarming rate. Despite persistent reports of an impending deal in which Sun Microsystems Inc. would acquire Apple, some executives familiar with recent talks between the two companies said that the two sides remained far apart on the question of price. At least one person said the talks broke off Wednesday. With neither company willing to comment, the situation remained unclear. But for many analysts, one thing was more certain: Despite the most alluring prospect of a possible Sun and Apple alliance — the creation of a single, dominant Internet computer company — Apple's problems may have become so great that any potential acquirer, Sun included, would be buying a multibillion-dollar headache. "Whether they stand alone or are acquired, Apple as we know it is cooked," said Stan Dolberg, senior software analyst at Forrester Research Inc. of Cambridge, Mass. "It's so classic. It's so sad." Blaming plunging prices in the intensely competitive market for personal computers, the company last week reported a $69 million loss for its most recent quarter and said it would cut 1,300 jobs. Even before that, executives at several computer and software companies said Wednesday, they had been receiving an unusually large number of resumes recently from Apple employees, including high-level engineers and key executives. "Their chief assets are walking out the door," said an analyst at a New York investment company. Some analysts, trying to make sense of the takeover rumors, said that Apple may have been leaking word of its discussions with Sun in an effort to stimulate interest among other possible suitors and give a lift to the company's skidding share price. Apple stock ended Wednesday at $32.25, up 62.5 cents in Nasdaq trading on volume of more than 5.8 million shares; it set a 52-week low of $29.25 on Monday just seven months after setting a high of $50.125. Sun's shares also closed lower Wednesday, down 62.5 cents to $43.50 on even heavier trading — nearly 12.5 million shares. Even if Apple were willing to sell out to Sun or another suitor at bargain-basement prices, "the brain drain will have been so fantastically damaging that you have to wonder why they would want the company," Dolberg said. Yet some industry executives note that Apple — whose Macintosh computers are,' almost universally revered by the estimated 14 million people who use them -— has many valuable assets that might catch the eye of Sun, IBM, Oracle, Sony, Mo'- torola and other companies said to have taken a look at Apple in recent years. " "I can understand why Sun might be interested in Apple," Roger-McNamee, a principal with Integral Capital Partners, investment capital and management firm in Menlo Park, Calif., said. "It has lots of assets, particularly in the area of the Internet. The Mac is the easiest Internet access platform out there. It is the preferred platform for Internet software development. It has been surprisingly successful with its new line of Internet servers. It's got to be appealing to Sun." T ICE CONDITIONING Cooled water cuts peak electric use Company reaches back in time to get idea for cooling By RICHARD LORANT The Associated Press BOSTON — Back around the turn of the century, they air-conditioned theaters by fanning air across giant blocks of winter ice that had been stored underground until the summer. Now ice conditioning — the high-tech variety — is back, and its promoters say it will save energy and help phase out ozone- depleting chemicals. Office buildings in Chicago's Loop already are cooled by a central plant filled with 5 million pounds of giant ice cubes. Boston is next. Northwind Boston plans to build three downtown cooling plants at a cost of $60 million. The company was formed Tuesday by subsidiaries of Boston Edison Co. and Unicom Corp. of Chicago. The plants freeze large blocks of ice at night, when electricity demand is low and the price cheap. During the day, as the ice melts, the cold water is pumped to the buildings. The process begins all over again after dark. The first plant, due to be hooked up next year, could cool up to 10 buildings the size of Boston's largest without using chlorofluorocarbons, or CFCs. The manufacture of CFCs was discontinued this year because of concern over the shrinking Cooling the city A system that hearkens back to ice houses will be used to cool office buildings in Boston. Ice will be made overnight, in special plants, melted in the morning, then... "" Wanned water returns to plant Chilled water Is piped to buildings Source: Northwind Bostoh ozone layer. "We're offering these owners an alternative to changing refrigerants or replacing their whole chiller system," said Rick Zimbone, president of the Boston Energies Technology Group, the Boston Edison subsidiary participating in Northwind. By eliminating their air conditioning units, building owners could save on maintenance. Northwind's cost would be comparable to installing a new system. A four-story plant in Chicago owned by Unicom Thermal Technologies began pumping cooled AP/Tonia Cowan water to Chicago office buildings in the spring, just in time for a killer heat wave during the summer. "It worked great for us. It kept up all summer long," said Rich Penner, who works in one of those buildings as a supervisor at Inland Steel Co. "It was a very smooth transition." The 19-story building is one of nine connected by underground pipes to the Adams Street plant. Two more plants are under construction. The Adams Street cooling plant covers half a city block. Above the Osco Drug store on the ground floor, a network of chillers and pumps gives way to two stories of ice tanks. Each tank is the size of a tractor-trailer and contains four miles of tubing that freezes the water. "If you were to cut off the roof of the building and look down from the top, it wouldn't look a whole lot different than an ice cube tray," said Joe King, a spokesman for Unicom, which also owns Commonwealth Edison. The 34-degree water from the plant is piped to a heat-transfer station in each building. The heat-transfer station, the size of a couple of desks, draws cold out of the water. The warm water is then looped back to the cooling plant. The system planned for Boston would use hydro-chlorofluorocarbons, or HCFCs, as a coolant. That means it would still emit chlorine into the air, although less than if it used CFCs, said Gerald Wilson, a professor of electrical engineering at the Massachusetts Institute of Technology. "It's not fundamentally different. So the claim that it's better for the ozone layer is debatable," Wilson said. "They're not out of the woods yet on the ozone." Wilson said the biggest advantage to the plant is that uses nearly all of its electricity during off-peak hours. Power produced off-peak is cleaner and cheaper. "The downside here is that they are still using electricity," he said. T BANKING Wells Fargo layoffs show mergers' effect Thousands of First Interstate workers to be 7 cut after buyout By MICHAEL SMITH Bloomberg Business News LOS ANGELES — Wells Fargo & Co.'s plans for massive firings and branch closings as it swallows First Interstate Bancorp show how brutal mergers sweeping U.S. banking can be. Even before its announced purchase of First Interstate for $11.6 billion, Wells Fargo executives were saying they'll eliminate 85 percent of the 5,900 First Interstate's California jobs as it closes 350 of 450 branches. At a Los Angeles news conference Wednesday, Wells Fargo executives wouldn't say exactly how many jobs will be lost, but the bank has told Wall Street analysts as many as 9,000 of 42,000 employees of the two banks will go. "It's devastating for all First Interstate employees," said Gus Romero, a 28-year-old teller who's worked at First Interstate since he was 18. "You work for a place for 10 years, and one day you discover you don't have a job. I wish there could have been another way." Bankers say they have no choice but to pursue mergers to survive as they compete with mutual funds, brokers and other financial service firms with lower costs. With 10,400 banks — compared with about a dozen in Canada — the U.S. is overbanked, they say. "You can't sugarcoat it. Our industry will be going through a consolidation." ; William Siart : .* First Interstate Bancorp chief executive: Last year's record $66 billion in bank mergers will cost thousands of jobs. Chemical Banking Corp., for example, plans to slash 12,000 of 78,000 jobs as it completes an $11 bit lion acquisition of Chase Manhattan Corp. PNC bank Corp. in Pittsburgh plans to fire 2,000 people, or-8 percent of its work force, as it gobbles up Midlantic bank Corp. U.S. banks, which employ about 1.5 million people, will lose an estimated 450,000 jobs in five to ID years to increased competition, according to Deloitte & Touche LLP. "You can't sugarcoat it," said First Interstate Chief Executive William Siart, who will be one of the employees who will be dismissed. "Our industry will be going through a consolidation, and it will continue to go through that to remain competitive." Not everyone is losing out in the merger planned by Wells Fargo, or by other big banks. First Interstate shareholders will get $152.40 a share from Wells Fargo, 43 percent more than their stock was worth when the original offer was made Oct. 18. Salina Journal LEGALS II 11 MONUMENTS, | 249 HELP WANTED I FUNERAL DIRECTORS 249 HELP WANTED 249 HELP WANTED 249 HELP WANTED 249 HELP WANTED (First Published In The Salina Journal January 25,1996) IN THE DISTRICT COURT OF "• SALINE COUNTY, KANSAS PROBATE DEPARTMENT In the matter of the Estate of LADONNA ZACHQO, Deceased NOTICE TO CREDITORS CaseNo.95-CVP-131 You are hereby notified that on December 8, 1995, a Petition for Issuance of Letters of Administration was filed In this Court by Michael Rlckards, an heir of Ladonna Zachgo,deceased. All creditors of the above named decedent are notified to exhibit thelrdemands against the estate within four months from the date of first publication of this notice, as , provided by law, and If their demands are not thus exhibited, they shall be forever barred. Michael Rlckards, Petitioner HOOVER, SCHERMERHORN, EDWARDS, PINAIRE & ROMBOLD, CHARTERED 811 North Washington Street Junction City, Kansas 66441 (913)238-3126 Attorneys for Petitioner (3tsp) MONUMENTS & Markers. Ours Is a complete memorial service. Respected, experience and well known. MEMORIAL ART CO., Inc. 1608-1 OS. 9th 823-2981 27 VACATIONS, RESORTS BAHAMA CRUISE, 5 days/4 nights, underbookedl Must sell! $279/couple (+ port/service charges). Limited tickets. 1-800-935-9999 Ext. 371. Monday thru Saturday, 8am-9pm. SKI COLOR. ADO Breckenrldge/Dillon. Affordable lodging, 1-800-668-2788. Anonymity Safeguard If you wish to respond to a Salina Journal Blind Box advertisement but do not want It to be forwarded to a particular person or business: (1) Put your letter or resume In an envelope addressed to the SJ Blind Box number. (2)Place It in another envelope along with the name(s) of the person- company you do not want your response to go to. (3)Address the outer envelope to The Salina Journal, Attention Blind Box, P.O. Box 740, Salina, KS 67402. If your response is to one of the places listed, we will simply discard your sealed response. Responses can not be returned as this would violate the confidence of the person/company placing the advertisement. Private party/ non- commerclal responses only. RECEPTIONIST Salina medical office has an Immediate opening for a part-time 10 hours/week) late-afternoon, Monday-Friday position. Must be leasant, well-organized, with ex- ellent phone skills. Light typing nd computer entry required. Pay ommensurate with experience. Apply In person: Salina Foot Clln- c, 2302A Planet Ave. Phone: 325-2900. WINTER PARK, Colorado, 3 bedroom, 3 bath condo, sleeps 8. January 13-20, $100.227-2003. SERVICEMASTER CREW CHIEF Quick advancement to this posl Ion possible, if you can handle physical work enjoy meeting peo- >le have mechanical ability leam irocesses quickly work day hours, some overtime and emergency calls. Good wage to start and qual- fy for other benefits. Apply In person, 522 Reynolds. (Published In The Salina Journal January 25,1996) NOTICE OF PUBLIC HEARING FOR ANNUAL REVIEW OF PROPERTY TAX EXEMPTIONS TO WHOM (T MAY CONCERN: The Saline County Board of County Commissioners will hold a public hearing to perform the annual review of Economic Development property tax exemptions granted to the following businesses in Saline County: NAME ADDRESS DATE OF APPROVAL Exlde Corporation 413 E. Berg Rd. July 17,1990 Philips Lighting 3861 S. Ninth St. December 18,1990 Philips Lighting 3881 S. Ninth St. August 18,1992 Bergkamp, In 500 E. Schilling Road November 10,1992 Exlde Corporatio 413 E. Berg Road October 19,1993 The public hearing will be held on Tuesday, January 30, 1996 at 10:06.a.m. In Room 103 of the City-County Government Center, 300 "W. Ash, Salina, Kansas. A copy'of the annual reports are on file at the Saline County Planning and Zoning Department, 300 W. Ash, Room 104. BY: David E. Gurss Planning & Zoning Director (11) - Wlnfer brings white snow. Classifieds bring Green Cash! Call 823-6363. 35 SPECIAL NOTICES SUPER BOWL Party at the Mul- erry Bush Craft Mall In the Mid- State Mall, January 28th, 12-5pm "rlzes, demos & snacks. More Than Nifty At SOI Happy Birthday Estella Love You Always, Jim SALIMAPflESBYTERUNMANOR CERTIF1EDNURSING ASSISTANT Are You Looking For Full Time Employment Job Security • An Outstanding Benefits Package •'An Excellent Working Environment • Evening Shift • Shift Differential ilnlforms Furnished Then this Is the ad that you want to read. Sallna's most progressive full service retirement community has openings available for qualified applicants to loin our Professional Health Care Team. Apply In person to the Personnel Coordinator, Tom Hlghsmlth, 260 East Crawford, Salina. E.O.E. 45 LOST-FOUND LOST: ADULT female Brindle oxer, reward, Undsborg area, 913)227-3208. COMMUNICATIONS CENTER DIRECTOR Sherman County, Kansas, I seeking a qualified Individual to fi the position of Director o Communications/Central DIs patch. Position Is new. Salary depending on qualifications. Sen resume, alofjg with 5 professions references to: Sherman County Communication Board, P.O. Bo 632, Goodland, Kansas 67735 Attn: Chairperson. Resumes mus be received by 4:00 P.M. M.S.T February 20, 1996. Successtu candidate must submit to County Drug and Alcohol program. Sher man County is an E.O.E. It Sells. You Profit. Classified. CONTINUED GROWTH has created Immediate opening for: RN,LPN,CMA,CNA Ba part of one of Kansas' premie health care providers. Call today to leam more about the opportunities and challenges of agency nursing wltt MEO8TAFF TEMPORARY PERSONNEL 1-8OO-279-19B7 E.O.E. M.F.V.H. DIRECTOR OF Nursing Service a medium sized facility. Must ave supervisory experience, be a am player and ability to motivate aft, develop excellent relation- hips with residents and family embers. An excellent benefit rogram is in place. Send resume : SJ 784, P.O. Box 740, Salina. ROUTESALES Company seeks aggressive sales oriented person with commitment and long-term goals. Opportunity or advancement. Class A CDL license with HazMat endorsement Drug testing and overnight travel required. Salary plus commission Excellent company benefits. Apply n person at 225 B Gold Road, Sal na. EOE. SCHOOLBUS RIDING ATTENDANTS Immediate openings, no expert ence required. Training provided Iree, sign up bonus, company life Insurance, flexible hours, credl union. Apply at: School Services & Leasing, Inc., 1510 West State Street, Salina, Kansas, 825-9241 E.O.E. CHALLENGING JOB for a ma ture young person, or oldtlmer with a youthful spirit, serving the many needs of Midway USA for copies forms, paper and other graphics supplies at Sallna's homegrown graphic production shop. Reasonable pay- unreasonable demands of skill, patience, understands; and creative effort Brief resume to 132 South 4th. $$$$$$$$ $$CNA/CMA$$ We have openings on all 3 shift! for quality minded CNA's. Excel lent starting salary, benefits, Insur ance and much morel Smoky HI Rehab, 1007 Johnstown, (913 823-7107. EOE. $$$$$$$$ MAINTENANCE POSITION AVAILABLE All general maintenance, mlno plumbing, lawn care, painting cleaning. High school diploma required. Must be able to live on- slte, 1 bedroom apartment provided. Call 826-1619 for applica lion. HOMETOWN GROCERY, Grin- Kansas. Seeking Immediate II time Store Manager, looking r motivated, success oriented in- ivldual. Experience preferred but ot required. For consideration, ease send resume to: Grlnnell uslness Development Inc., P.O. ox 235, Grlnnell, Kansas 67738. OE. WELDERS Full-time 1st shin positions available at KASA FAB. Benefits Include paid health & life Insurance, dental, 401 (k) and profit sharing Apply Monday-Friday 7:30am-4:30pm at KASA FAB, 3600 Airport Road, Salina. EOE. CARPENTERS AND Laborers eeded for construction project at 'astewater Treatment Plant in ndsborg, Kansas. Forming anc oncrete phase Is being done ow. Contact Project Superinten- ent at (913)227-4375, or contact opeka, Kansas office at 913)354-9953. EOE. WANTED: EXPERIENCED ead Housekeeper for 100+ motel Dcated In Central Kansas. Qualifiatlons: good people skills, able to sslgn work and see that It is one. Weekends and long hours re necessary. Must have current eferences. Send resume to SJ 92 P.O. Box 740, Salina. BUSY MEDICAL Office looking or a motivated person to fill a multi-purpose worker's position ledical office experience pro erred. Benefits provided. Please pply In person Salina Urology Associates, 501 South Santa Fe ulte 380, Santa Fe Medical Plaa, Salina, Kansas. MATURE, SELF motivated Re-! eptlonlst, Monday thru Friday am-5pm with benefits. Must have eslre to succeed in your protes- on. Please apply 333 North ont, 9am-3pm Monday thru Fri- ay. TELEMARKETING Flexible afternoon & evening shifts, full and part-time. Suitable for students, retirees and homemakers. $6 an hour guaranteed Dlus bonus. Casual, friendly atmosphere. Central office location. Call Shay, 823-6070. RELIABLE FIRM of 64 years eeds spring help, part-time, full- me openings. For appointments call 263-7330 or drop into Western zzler, W. Crawford, January 27 10:30-1:30-3:30 for group Inter- ew. TTTTTVT CONSTRUCTION WORKERS Excellent Income. Must be highly motivated, self-starting. Johnson Construction 827-5447 AAAAAAA SALES OPENING Need ambitious Individual who Is a self-starter for full-time sales position. Sales experience helpful, but will train the right Individual. Apply In person, Roselawn Memorla Park, 1920 East Crawford. NEED EXTRA CASH? Part-time' evening and weekenc work cleaning carpets, floors anc responding to emergency disaster cleaning. $6.50 per hour to start $12.50 potential. Apply at Service Master, 522 Reynolds. IMMEDIATE OPENINGS „, For 3-11 pm Desk Clerk ClubWaltstaff Maintenance Part-time Banquet Server Kansas based hotel company Is seeking motivated team members. Excellent working conditions Competitive starting wage Come join the most exciting service industry team. Apply in person 8:00 AM to 5:00 PM. Holiday Inn Salina, 1616 W.Crawford. Smart buyers look to The Salina Journal Classifieds. Heating & Air Conditioning Technician We are looking for a responsible self-motivated individual to perform commercial service work. Benefits include profit sharing, cafeteria health care, vacation and healthcare. Apply at the Wells Group, 656 North Broadway, Salina, (913) 827-7241. OPENING FOR a Mechanic/ riveway Attendant, hourly wage us commission, life insurance, aid vacation, medical insurance, 01K. Apply in person: Gene engtson, East Crawford Amoco orner of Ohio & Crawford. HOUSEKEEPERS pply in persorvonly to Ramada nn. Starting wage $5.25 per our. Past 30 days eligible for re-: ew. Position open Immo- lataly. 249 HELP WANTED WANTED: EXPERIENCED Technician, will train. Good pay, good benefits, Monday thru Friday. Send resume to: Bennett Autoplex, 651 South Ohio, Salina, Kansas 67401. Smart sellers choose The Salina Journal Classifieds. Call 823-6363. Call Classified 913 823-6363 In Kansas 1-800-827-6363 Fax 913-823-3207 249 HELP WANTED PERMANENT POSITION for lull time Secretary/Bookkeeper for trucking company. Computer experience helpful, good organizational skills. For interview, call (913)523-4228. RETAIL SALES Immediate opening In ladles retail store. Salary plus commission and extra benefits. Send resume to: SJ 802, P.O. Box 740, Salina. CNA ccepting applications for full-time jam-2pm, 3pm-11pm CNA's. Apy in person at Shallmar Health enter, 2054 Lambertson Lane. 113)827-5589. Can't use it? Why keep it? "ell it fast with a fast-acting ilassified ad. IMMEDIATE-OPENINGS For MAIDS Kansas based hotel company Is seeking motivated team members. FreeCpntinentaliBreakfast Discounted Lunch Meals Monthly Incentive Bonus 'Health Insurance Plan •Paid Vacation Holiday Inn discounts on room reservations world wide. Uniforms furnished Ixcellant working conditions Competitive starting wage Come join the most, exciting service industry team. Apply In person 8:00 AM to 5:00 PM. Holiday Inn Salina, 1616 W.Crawford. 'For Qualified Personnel PLUMBERS For commercial new construction work. Excellent pay and benefit package. Contact Gary at Standard Mechanical 633 Barney, Salina 825-2665. JOIN OUR TEAM of FOOTWEAR PROFESSIONALS We're the fastest growing independent shoe retailer in the Midwest. Energetic, dedicated person needed for Full-time position selling top quality brand name footwear for the entire family. If you have a proven record of excellence, COME GROW WITH US! Apply In Person: STEVE'S SHOES Central Mall Western Aufo WESTERN AUTO TRAILER MECHANIC Western Auto Distribution Center has an Immediate openino- for a.full-tlme Jraller mechanic. Will work daytime hours, Monday - Friday. (vjinlmum requirements: 18 years old, valid driver's license, have a mechanical background and provide own. handtools. Salary range will depend on. experience. Full benefit package includes paid vacation, holidays, sick leave, 401K plan com plete Insurance pkg. Apply in person, Monday - Frfday, 8 AM- 4 PM at the Western Auto Distribution Center, RR 4, Watec. Well Road, Salina, KS. Pre-employment drug screenine required. - EOEM/F/H/V

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