The Odessa American from Odessa, Texas • 25

MONDAY MAY 11, 1998 JAPAN SHOCKED The idea of giving up independence for profit is a foreign concept. PAGE 8 TRICKY BUSINESS: States filing suit against Microsoft will have their hands ML page 6 Ml (Mil VN I 'E CrossPad turns handwriting into keyboard strokes 10 One on One 2 Week Ahead 2 Investment Books 2 Industry Bnefs 3 Gas and Oil Stocks 4 Rig Count 5 CoideOll 5 Refined Products 5 Oit Gas Report 7 Bnefcase id Ferryman 11 Mutuaj Funds 12 Building Permits 12 Permits 14 Crade oil Market highlights Week ending May 8, 1998 5 9,400 9,300 9,200 9.100 9,000 8.900 8,800 Futures $14 1 Posted OOladnniib) 9055.15 91.92 mi Mon Tues Wed Thurs Fri SOURCE: PERMIAN CORP DITD ilflDD FV' Kerrl Gini. mm The stadium seating will be com-P0se4 of plush 'rocking chairs interspersed with love seats. The theater s. "i complex will seat about 3,000 people.

Odessa American Odessa will soon have another multi-theatercomplex when Century Theatre opens on June 1. The -Odessa theater, which is 7 Klasky' said the company will set ticket prices at market value. She not comment on the cost to si'. -build the new complex. Odessa was i.Kla8ky said once the located behind Home Depot.

'will be the first Century Theatre complex to open in Texas. The company is planning to open 500 new theaters in various states including Colorado, Oregon, Alabama and Illinois, said Nancy Klasky, vice-president of marketing. theater opens, Odessans will no longer need to travel to Midland's Hollywood Theaters to see movies in a modern movie theater. "I think this will save people some, fuel," underscreened and underserved." NANCY KLASKY VKE-PBESKXT OF MARKETMG Michael Montanez of Turner Construction prepares steel beams for the stadium-style seating at a new movie theater under construction behind Home Depot in northeast Odessa. Century Theaters will be opening the 12-screen theater June 19.

DARWIN WBGEL ODESSA AMERICAN Klasky said. "It will give everybody an opportunity to see all the new hot Hollywood releases in their own hometown." Tracy Bundy, marketing director for Hollywood Theaters, said her company is not concerned about competition moving into the area. "We obviously welcome them to the market. We're really -excited about giving Odessans a good movie-going experience when we open in October," she said. Hollywood Theaters is also expanding into Odessa.

The company will open a 10 to 12 screen theater complex inside Music City Mall in October. In the next two to three years, Century Theaters plans to double the size of the company, Klasky said. The company already has theaters in Arizona, Utah, Nevada, New Mexico and California. Odessa was chosen as the first site to open a theater in Texas because the market is fairly small "Odessa was underscreened and underserved," Klasky said. "We think this will provide a superior movie-going experience." The movie theater will have 12 different screens showing first-run films.

Each theater will have digital sound, stadium seating and giant wall-to-wall screens, Klasky said. 2 it. SNAPSHOT Deadline looms for tank cleanup; TNRCC gives workshop DILLARD'S DEPT. STORES NYSE (DDS) 1600 CantreA Little Rock, Ark. 72201 501-376-5200 nt dfc imMbhumt Friday's Closing Price 52-Week High 44 52-Week Low 30 401 I I 39 I 3 -Gup 37 5S 35 -y, r1 33 1 32 32 31 7-: 30 I 1 overflow before Dec.

22. Though the national regulations have been in place for almost nine years, the Petrol Storage Tank Division of the Texas Natural Resource Conservation Commission says many of the several thousand tanks in West Texas are not up to code. Most major oil and gas company's have already complied so the TNRCC hopes to encourage smaller operations to upgrade, see Deadline on page 2 By Mary Agnes Welch Odessa American In an effort to prod owners and operators of underground petroleum storage tanks into compliance with new environmental regulations, the state is offering a series of information workshops next week around the Permian Basin. As part of a federal Environmental Protection Agency initiative, owners and operators of underground storage units must upgrade tanks and pipes to avoid leakage or Operates 271 department stores in 27 states. For fiscal year ending Jan.

31, Dillard Deported sales of $6,632 billion, an increase of 6.5 percent over 1997. Diluted earnings were $2.31 per share, a 10.5 percent increase. DwJ tmM FU7 Ma 21 AprJ4 Mart 6-MONTH PERIOD.