The San Francisco Examiner from San Francisco, California • 17

Monday, Auguri 2 1 2000 B-l Markets at a glance Change from previous trading day's close Find complete nhui Examiner examiner archive at mCQIKtJ www.examiner.com. For the latest stock and market information, call Directory On Call (DOC!) at (415510408650)808-5000. Enter 9000 for the market, 9525 for stock quotes. This is a free call in the San Francisco, Oakland, and San Joae calling areas. 30 Industrials, Monday close A 11.079.81 33.33 i Nasdaq composite, A 3,953.12 22.78 vs.

Japanese yen, New York late A 108.66 0.24 30-year Treasuries, Monday close 5.71 0.02 fSan Jrancbco Sxammer 0' Ul I NYSE 10 NASDAQ AMX 11 MUTUALS I Wl HI TOOLS OF THE TRADE Behold Digital cable's DTV rechiriisiteiniedl techtv Verizon, workers cut a deal and CEO Larry Wangberg said in a statement. "We are the destination for digital consumers looking for the latest in technology-related news, information and entertainment." Microsoft co-founder Paul Allen, through his Vulcan Ventures investment firm, purchased ZDTV from Ziff Davis last January for more than $320 million. Allen had previously owned a 31 percent stake in ZDTV. In an interview with The Exam- Larry Wangberg Joe Gillespie iner, Wangberg said the rebranding effort represented millions in additional backing from Vulcan, although he would not be specific about the privately held company's finances. "This represents a huge additional commitment to the business," said Wangberg.

ZDTV also announced Monday See ZDTV, 6) The cable channel will also become more available to its hometown residents in September, when adds it to the local digital cable lineup. Both announcement are part of a larger rebranding and programming expansion the firm announced Monday. "There is no offering like techtv in the market that target the large and growing audience of people who want to be savvy about today's technology," company Chairman Technology news channel also will gain wider exposure By Alan T. Saracevic EXAMINER TECHNOLOGY WRITER Nearly eight months after Ziff-Davis sold its stake in San Francisco-based ZDTV, the tech-centric cable channel is changing its name to techtv. If ratified, would give 1 2 wage hike By Kalpana Srinivasan $1.5 billion bank deal Washington Mutual Inc.

is buying Bank United Corp. in a $1.5 billion stock swap that would give the huge Seattle-based financial services company a larger presence in Texas' rapidly growing consumer lending market. Shareholders of Bank United, under the terms of the plan announced Monday, would receive 1.3 shares of Washington Mutual stock for each share of the Texas company. Washing-, ton Mutual said the deal subject to regulatory review and approval of Bank United's shareholders would give it banking operations in three of Texas' four largest metropolitan areas. As many as 650 job losses are anticipated as a result of the deal.

The impact of the cuts is expected to be softened by normal attrition at Bank United, coupled with Washington Mutual's anticipated growth and its customary practice of filling vacancies from within. (Associated Press) ASSOCIATED PRESS WASHINGTON Verizon Communications and unions rep resenting 50,000 telephone work ers reached a tentative agreement on a three-year contract, returning -3 3 a majority of striking employees to their jobs Monday after a two-week walkout But without a pact covering one other bargaining unit of mid-Atlantic workers, picket lines remained up Monday in Pennsylvania, New Jersey, Delaware, Maryland, Virginia, West Virginia and the District of Columbia. Union officials said unresolved issues between the company and that bargaining unit of more than 35,000 workers include forced overtime levels and monitoring of customer service workers and operators. On Sunday, Verizon reached Vh; iV i i 4i .1. i 'i if, '1 mMffiiffii I Will illti Ftt Optimism on rates lifts stocks Investors believe Federal Reserve will stand pat APANDY EAMES ASSOCIATED PRESS Ira Dassa, right, in the picture at left, buys hand-woven silks from a Cambodian villager in the countryside, paying premium prices that have made him a hero in the hamlets of the area.

Rural life in Cambodia, above, is virtually unchanged in spite of millions of dollars of foreign aid, most of which seem to have remained in the capital, Phnom Penh. Deloitte backs S.F.'s Epylon Just as Americans are gearing up to go back to school, accounting and consulting giant Deloitte Touche Tohmatsu is investing in a new Internet company that aims to streamline the buying habits of the nation's schools. Deloitte Consulting will announce Monday it has taken a stake in San Francisco-based Epylon which last month rolled out a national electronic purchasing program. Officials from Deloitte and Epylon declined to reveal the size of the investment. (Reuters) Fatal reactions tied toGlaxo's HIV drug Pharmaceuticals company Glaxo Wellcome PLC confirmed a press report on Sunday saying that its HIV treatment drug Ziagen can spark serious and sometimes fatal reactions in patients, but said the problems were well known.

An unknown number of patients have died as a result of hypersensitivity reactions to Ziagen. (Reuters) Paul Allen cashes in more Microsoft stock Billionaire investor Paul Allen filed to sell 12 million shares of Microsoft Corp. this month, adding to the 46.5 million shares he has already sold in 2000 and making the co-founder of the software giant the second largest seller of its stock this year. Allen, 47, has sold or filed to sell more than $5 billion in Microsoft stock this year. (Bloomberg) Inktomi claims clients for its new products Foster City-based Inktomi Corp.

has signed up several customers who have agreed to buy the software developer's new products for speeding delivery of Internet content to wireless devices, a company executive said. Inktomi Chief Operating Officer Richard Pierce declined to name the customers who have already purchased the products or the amounts of the orders. (Bloomberg) Sun Healthcare gets bankruptcy extension Delaware bankruptcy court has approved a third extension until Nov. 9 for Albuquerque-based Sun Healthcare Group as it reorganizes under a deal that included the resignation of chairman-CEO Andrew Turner. (Associated Press) Frustrated with rampant corruption, aid groups try to bypass Phnom Penh By Chris Fontaine ASSOCIATED PRESS TANON, Cambodia In the capital, highly visible yuppies drive late-model Japanese cars, chat on cell phones and spend leisurely Sundays strolling in riverside parks with their well-dressed families.

Just an hour's drive in any direction from Phnom Penh is a very different Cambodia impoverished farming villages where life has changed little in the last century for more than 80 percent of the country's population. See CAMBODIA, B-5 NEW YORK Stocks moved higher Monday on optimism that the Federal Reserve Board will leave interest rates alone Tuesday. According to late and unofficial figures, the Dow Jones industrial average was up 33.33 at 11,079.81, and the Nasdaq composite index was up 22.78 at 3,953.12. Earlier, the Standard Poor's 500 index was up 0.45 at 1,495.92. Trading has been light during recent sessions as traders look ahead to Tuesday's Federal Reserve meeting.

Analysts said most investors stayed on the sidelines Monday, See MARKETS, B-4 i if APDAVID LONGSTREATH Net users uneasy, but not cautious, on privacy Aggregators try to reduce frustration of Web surfing Portals consolidate personal information spots, according to the latest Neil-senMedia Metrix report. Researchers found that surfers have a common complaint: Wandering through endless links to find one chunk of information is frustrating. In fact, according to an August 1999 study by NetSmart, 85 per- By Doug Bedell DALLAS MORNING NEWS they want to keep private, the survey by the Pew Internet and American Life Project found. The contradictions suggest a lack of understanding about how the Internet works: Americans want control over information about themselves, but they do not know enough about computers to trust that they are in control. Much of the worry stems from a fear of the unknown, rather than a sweeping mistrust of Internet businesses, said Lee Rainie, the Pew project's director.

The study found new users more concerned about privacy than online veterans. "It's a new technology," he said. Newcomers "are just a little bit See PRIVACY, B-3 Most take few steps to protect personal information, survey of Americans finds By Anick Jesdanun ASSOCIATED PRESS NEW YORK An overwhelming majority of Americans on the Internet worry about businesses and strangers getting personal data about them, yet few take basic precautions while they surf, according to a study released Sunday. In fact, a majority of Internet users are willing to give Web sites the same information they claim cent of all Web site visitors regularly leave disgusted and unfulfilled. "They don't feel like they're getting what they want out of the Web," says Steve Douty, who heads a company with a possible solution.

"There's this sense that, 'There's so much out there, I'll absolutely never get to it Enter the aggregators. This new breed of personal portal is experimenting with ways to coalesce information grabbed from all over the Internet inside a single browser window. Some services, such as Yodlee See PORTAL, B-4 People evidently are developing some strange habits on the Internet. Several recent studies have shown that Web visitors spend almost all of their monthly time cycling through the same 10 destinations. Many never leave America Online, Yahoo or the Microsoft Network, the three most popular Monday: Tools of the trade Tuesday.

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