Albuquerque Journal from Albuquerque, New Mexico • 12

ALBUQUERQUE JOURNAL DOW NASDAQ WEB 'PARASITES' Federal judge -bars unauthorized pop-up ads 1 NYSE i B4 -4SJ4; 9.12 business uzzz: USING THE SUN Daily closes of the Dow Jones Industrial averager Fit Ho. Tum. IM. Ttan. Fit Bm.

Mr 5 J4s Mr Jufrlt fefrll J12 MrlS AROUND 0 NEW MEXICO Staff and Wire Reports Down yn1 Down 884.53 11.97 Jn 1,539.19 Dflwrt Down 104.60 .34 uown 178.81 KNMHT WOOER TRIBUNE SOURCE: fenoo Finance I rv at. Maurkete Pell Out Of Dive Analysts Describe Fear, Depression JAKE SCHOELLKOPFTHE ASSOCIATED PRESS Barbara and Fred Raznlck put floor-to-celllng windows on the south side of their Eldorado house to catch the warmth of the winter sun. The Solar-Home Capital Sunshine villages By Amy Baldwin The Associated Press 'NEW YORK The drama continued on Wall Street on Monday as despondent investors sent stocks skidding and the Dow Jones industrials falling nearly 440 points before bargain hunters surfaced in late afternoon. The blue chips ended with a moderate loss of 45; tech stocks posted a modest advance. The Dow was near the closing low it reached after the Sept 11 attacks and on its way to its The 10 places with populations of more than 1,000 that have the highest percentages of homes heated mostly by solar energy, according to the 2000 Census: i 'i in i iii Cliffs Rattler Is Delayed Again The owners of Cliff Amusement Park at 4800 Osuna said the New Mexico Rattler roller coaster will open before the park closes for the winter at the end of October.

Park owner Gary Hays declined to name an exact opening date, mentioning uncertain delivery schedules for construction materials. The state's first full-size roller coaster was originally scheduled to open June 21. Park owners then hoped to open the ride by mid-July. Visitors Bureau Wants Volunteers The Albuquerque Convention and Visitors Bureau is seeking volunteers to help at its three information centers at the Albuquerque International Sunport, Old Town and the Albuquerque Convention Center. All volunteers receive training.

For more information, call Ruth Hazlehurst at 222-4304. State's Calendar Of Events Online The New Mexico Department of Tourism has posted its New Mexico calendar of events online at www.newmexico.org. The calendar lists daily, weekly and monthly events by categories including children's activities, cultural, food and wine, theater and opera, and rodeo-equestrian. The calendar is also available through the Web site of New Mexico Magazine at www.nmmagazine.com. New Mexico Loses 5 Oil, Gas Rigs The number of rigs exploring for oil and natural gas in the United States was down 14 last week to 848.

Of the rigs running nationwide, 711 were exploring for gas, 135 were looking for oil and two were listed as miscellaneous, Houston-based Baker Hughes Inc. reported. A year ago, the rig count was 1,293. Texas lost 10 rigs, New Mexico lost five, Oklahoma lost two and Louisiana lost one. The number of rigs in Alaska was unchanged.

Fax or e-mail your New Mexico business briefs to (505) 823-3994 or tfeldSabcJoumal.com. 13.2 percent Eldorado, N.M. 317 homes fifth triple-digit loss in six sessions when it turned around during the last 90 minutes of trading. UPS AND DOWN Closes on the Dow every 10 minutes Monday: Jiffl But tne recov- 8,700 New Mexico community of Eldorado leads the nation By Heather Clark The Associated Press ELDORADO This community of 5,700 people near Santa Fe has the nation's highest percentage of houses heated mainly by passive solar energy; 13.2 percent, according to the 2000 Census. Two Hawaiian villages rank second and third.

The communities appear to be remnants of a stalled solar movement with its roots in the 1970s. According to the census, the number of U.S. houses heated primarily by solar energy fell from 54,536 in 1990 to 47,069 a decade later. Federal and many state tax credits for -solar electric power for houses have long since dried up, and some suggest that poorly designed homes have hurt solar power's reputation. The movement also has been hurt by the growing availability of natural gas.

But in New Mexico, with its often cloudless winter sky, hundreds of sun-heated houses have been built in and around Santa Fe, Albuquerque, Los Alamos and Taos. In a technical tour de force, KTAO calls itself the only solar-powered radio station on the planet. 8,600 8,500 8,400 8,300 ery was due more to attractive prices rather than a change in investor sentiment. "Some people are stepping in to see if they can make some money. I Elizabeth Barnes Is co-owner of a passive solar house In Eldorado, which stays cooler In summer because of Its thick, adobe walls.

Back in the 70s, a billboard at the entrance to Eldorado advertised the new development as a solar community, attracting idealists who wanted to put solar energy to use and families looking for affordable housing. Houses were oriented toward the south to take advantage of the sun, which shines about 75 percent of the daylight hours in New Mexico, and where Santa Fe-area daytime temperatures range from 20 degrees in the winter to the 90s in the summer. Many homeowners built the north sides of their houses into the juniper-dotted hillsides for better insulation. By the 1990s, however, Eldorado's billboard had come down and -solar house construction had slowed to a trickle. Ewa Villages, Hawaii, 9 percent, 105 homes Lahaina, Hawaii, 8.5 percent, 223 homes Placitas, N.M., 6.1 percent, 91 homes Kakaha, Hawaii, 5.8 percent, 62 homes Kalaheo, Hawaii, 4.5 percent, 64 homes Waihee-Waiehu, Hawaii, 4.4 percent, 82 homes Pukalani, Hawaii, 4.3 percent, 105 homes Lihue, Hawaii, 4.3 percent, 96 homes Maili, Hawaii, 3.7 percent, 51 homes The Associated Press 9 a.m.

4 p.m. SOURCE: Chicago Tribune KNIGHT RIODER TRIBUNE don't know if -that will be sustained," said Stephen Carl, principal and head of equity trading at The Williams Capital Group. The Dow recovered to a loss of 45.34, or 0.5 percent, at 8,639.19. Combined with last week's loss of 694.97, the mue chips have fallen 740.31 points over six straight losing sessions. Last week was the Dow's largest weekly point decline since Sept.

21, when they dropped 1,369.70 following the terrorist attacks. The market's broader indicators, having already fallen through their Sept. 21 lows, were mixed after recovering from their lows of the session. The Nasdaq composite index rose 9.12, or 0.7 percent, to 1,382.62, after last week's loss of, 74.86, or 5.2 percent. The Nasdaq was down more than 58 points earlier.

The Standard Poor's 500 index fell 3.46, or 0.4 nercent. to 917.93. recovering from a loss of Pfizer, Pharmacia Raise the Ante PHARMACEUTICALS Pfizer'i plan to buy Pharmacia will expand Its reach as the largest drug company. Top firms, by 2001 worldwide wholesale sales In billions: Pfizer $26.3 NATION particularly important point at a time when drug companies are finding it harder to produce new blockbuster medicines arm are under growing public and government pressure to hold down prices. Pfizer manufacturers blockbusters such as cholesterol-lowering agent Lipi-tor and erectile dysfunction drug Via-' gra, while Pharmacia makes the cancer drug Camptosar as well as Rogaine hair products and the Nicorette smoking cessation line.

Under the deal, Pharmacia shareholders would receive 1.4 shares of Pfizer stock for each share in Pharmacia. That represents $45.08 worth of stock based on Friday's closing Pfizer price and is a 36 percent premium over Pharmacia's closing price of $32.59 a share Friday. On Monday, Pharmacia shares were up $7.32, or 22 percent, to $39.82 a share. Analysts said given the market conditions, the price Pfizer is paying is fair. Merger Planjncreases Pressure on Drug Firms By Theresa Agovino The Associated Press NEW YORK Pfizer Inc.

added to its formidable strengths as the pharmaceutical industry's leader with a $60 billion acquisition of Pharmacia Corp. on Monday, pressuring its competitors toward similar mergers at a time of slimmer profits and angry consumers. The all-stock deal will create a pharmaceutical powerhouse with over $48 billion in revenues and a research budget of more than $7 billion. Pfizer is already the world's largest drug company when measured by the overall value of its stock. The companies said the merger (pending regulatory approvals) should provide $2.5 billion in cost saving by 2005, a nearly 45 points.

The ended last week down 67.64, or 6.8 percent. Investors seem to be in the throes of a deep depression, one that shows no sign of lifting in the foreseeable future. Corporate accounting scandals have spooked Wall Street, making investors mistrustful of earnings reports and outlooks for the remainder of the year, and sending stocks tumbling for eight weeks. "For lack of a better description, you have as much full-fledged panic as you are going to get," said Tony Cecin, director of institutional trading at US Bancorp Piper Jaffray in Minneapolis. "The negative mentality is as pervasive as I have ever seen it, and I went through (the) 73 and 74" bear market.

In selling stocks, investors have ignored mounting evidence of an economic recovery. The major indexes have not finished a week higher since mid-May. GlaxoSmithKllne $24.8 Merck $18.6 AstraZeneca $16.1 Johnson Johnson $18.6 Bristol-Myers Squibb Novartis $14.1 Aventis $12.2 Pharmacia $11.9 Abbott Labs $10.8 Include U.S. mall onfen SOURCE: IMS Heeith KNIGHT RIDOER TRIBUNE Selling St. Joseph Will Fund a Medical Ministry Health Care for the Homeless, which has received hundred thousand dollars Orbltz Launches Business Planner NEW YORK Orbitz LLC, the airline-owned travel Web site, has begun marketing a corporate booking tool designed for business travelers.

Orbitz for Business was unveiled Monday at a corporate travel convention in Salt Lake City, joining the market for business travel software less than a week after Expedia Inc. announced plans for a similar product. Both will compete with Sabre Inc's GetThere, the most widely used corporate trip-planning software, which is licensed to large travel agents and repackaged for their clientele. IIP Shedding A Software Unit PALO ALTO, Calif. Technology giant Hewlett- Packard Co.

is discontinuing -software for corporate networks that came with a $450 million acquisition in 2000. The decision affects nearly 500 people in HP's "middleware" division outside Philadelphia. Some employees will find work elsewhere in HP, and others will be laid off. Most of the technology came on board when HP bought Bluestone Software Inc. Ardent agreed to pay $77 million for a number of St.

Joseph assets, including its three acute-care hospitals and its rehabilitation hospital Several charitable operations supported by CAHIU: Expects project will be governed by a N.M. board Ardent is a privately held for-profit company. Since St Joseph Healthcare is a nonprofit corporation, the law requires that proceeds from its sale be used to support health care in New Mexico. After CHI pays some debts and closing costs, $21.4 million should be available for St. Joseph Health Ministries, according to documents filed with the state Attorney General's Office.

Those funds will be held in escrow. About $4 million a year will be released from escrow to St Joseph Health Ministries over five years. The health ministries will include St. Joseph Foundation and its $8 Cahill said the foundation will remain in charge of those funds. cerns about how those charitable activities would continue after the sale.

He also asked how St, Joseph Health Ministries will be governed. Sheehan is especially concerned about drug abuse, and hopes the ministries can help address that problem, said Charles Reynolds, an attorney for the archdiocese. Cahill said CHI expects New' Mexico residents on a health ministries board will set the agenda. "We believe the local community is the entity to tell us what that community needs," she said. CHI has asked Sheehan to tell the Vatican that he supports the sale.

Rome must approve the sale of a Roman Catholic hospital to a secular operator. By Winthrop Quigley Journal Staff Writer The sale of St, Joseph Health: care is expected to generate $21.4 million in funding for a new faith-based project to deliver health care to under-served New Mexicans. Catholic Health Initiatives, St Joseph's present owner, is also near agreement with the Archdiocese of Santa Fe on how the project, to be called St. Joseph Health Ministries New Mexico, will be governed. The Denver-based nonprofit hospital operator expects to close the sale of St.

Joseph Healthcare to Ardent Health Services of Nashville by the end of the month, CHI chief executive Patricia A. Cahill said in an interview. from St Joseph Healthcare annually, will become an independent operation. CHI will forgive $1.64 million that Health Care for the Homeless owes it. CHI will also pay the charity $350,000 within five days of the sale's closing.

Other charity programs will roll into St. Joseph Health Ministries, Cahill said. Among them are the Program of All-inclusive Care for the Elderly, which provides care for the elderly outside nursing homes; and SET for Health, a program that includes clinics and health education for low-income working families with children and senior citizens. St. Joseph including Health Care for the Homeless, senior citizen health programs, the St Joseph Foundation and other activities are not part of the deal.

In an exchange of letters with CHI, Archbishop Michael Shee-han raised a number of con-.