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The Daily Sentinel from Grand Junction, Colorado • 33

Location:
Grand Junction, Colorado
Issue Date:
Page:
33
Extracted Article Text (OCR)

Business the ft DAILY Sentinel BOOKS TECHNOLOGY TELEVISION LISTINGS SECTION Copyright 2006 The Daily Sentinel All nghts reseived SUNDAY, JANUARY 22, 2006 Sentinel online: www gisentmel.com Taking stock; Investment pros believe GJ growth outlook good ByMIKESACCONE The Dally Sentinel Investment professionals from the Grand Junction area foresee steady growth in the economy and strong earnings from the energy sector this year. The Daily Sentinel found in an informal survey of local brokers and financial advisers. Douglas May, chief investment officer for Scout Partners, said even though the economy was not booming like it had been in 2003, you can still pump profit out of this market, but you have to know what youre doing. May, who spoke last week before a group of his clients, said strong growth in the energy sector effectively carried the market last year. Kent Shettler, a financial adviser for Raymond James Financial Services and vice president for Bank of Colorado, said in addition to the energy companies themselves, their supporting industries also would grow in 2006.

I think they will continue to prosper as energy prices continue to be high, he said. Shettler stressed, however, that shocks to economy from terrorist attacks or other geo-politics could derail any 2006 investment forecasts, for example the post-Sept. 11, 2001, downturn in the stock market or the dip in European markets after last summers London train bombings. In addition to energy companies, Shettler said he foresaw investors returning to large-capital companies massive companies such as Halliburton or Boeing, for example over the next year. He said internal changes and reforms within these companies since the Enron and World-corn scandals several years ago have produced healthier and better-run businesses that ultimately could benefit stockholders.

As we start to get later in an economic cycle, your large companies do start to pick up and perform well, said Mike Pote, owner of Diversified Capital Management. And frankly, (large-capital companies) are overdue for some decent perfor- Grand Valley to get Denver TV newscast Grand Valley television news junkies, rejoice. Denver news again will be on the air in Grand Junction. KDVR Pox 31 In Denver has signed an agreement that lets the Grand Junction Fbx affiliate, KFQX Fox 4, air KDVRs daily news broadcasts. The local Fox station broadcasts on Channel 4 over the air and on satellite signals and on Channel 7 on Bresnan cable.

Theres a demand over here for Denver news, and well be getting (viewers) more than theyve ever had before, said Dennis Adkins, general manager of Hoak Media of Colorado, which operates KFQX and the local CBS affiliate, KREX-TV For much of the past year, Grand Junction has been without a Denver-based newscast, much to the chagrin of many television vie wers. Bresnans cable system used to carry newscasts from Denvers KCNC Channel 4 a CBS affiliate, but those broadcasts abrupt! stopped after the CBS television network complained that the presence of KCNC in Grand Junction duplicated the networks signal in the local market. Many of KCNCs loyal viewers in Grand Junction suspected that KREX blew the whistle on Bresnan because the KCNC newscast was competition for the local station. Adkins, whose employer Hoak Media also operates KREX, said at the time that he had nothing -to do with CBSs request for Bresnan to drop KCNCs signal. Some observers might think its ironic that a Hoak-operated sister station of KREX is bringing Denver news back to Grand Junction.

Fox 31s morning newscast, Good Day Colorado, will be broadcast on the local Fox 4 station each weekday from 5 a.mi. to 9 a.m. Each evening, seven days a week. Fox 31 9 p.m. newscast will be simultaneously carried on Grand Junctions Fox 4.

Those broadcasts, which dont overlap KREXs newscasts at noon and 5 p.m., are scheduled to begin Feb. 6. Keira Bresnahan, KREXs news director, said Fox 31 News and KREX News 5 will cooperate on news coverage. We will have the ability to get a Pox feed from Denver for any stories wei-e interested in running on KREX, she We will also be contributing on our end to their newscast. Bill Schneider, KDVRs general manager, credited Adkins for the idea to bring Fox 31 news to the Western Slope and said he looks forward to boosting the Fox 31 newscasts ability to cover stories statewide.

Lets make this a compelling newscast not only for the eastern half of the state but the Western Slope as well, he said. Fox 31 newscast will include a custom localized weather forecast for the Western Slope that will be inserted into the nightly simulcast, Adkins said. Anchors for Fox 31 news in Denver are Ron Zappolo, who has been a television personality in the Denver area for many years, and Libby Weaver. Fox 31s morning show is anchored by Steve Kelley and Shaul Tun ler. KDVR Fox 31 in Denver is; owned and operated by Fox Television Stat ions, a division of News Corp.

Grand Junctio ns KFQX Fox 4 is owned by Parker Broadcasting and is operated by Hoak Media, both of which are based in Dallas. WHERETHETAX RETURNS GO The Internal Revenue Service says tax returns submitted this ye ar by Colorado residents will go to a different service center for processing than they have in the past. The agency is shuffling; the destination for tax returns from several regions throughout the country, and under the new arrangement, Colorado returns will be sent to the IRS Center in Fresno, Calif. According to the agency, taxpayers who use the labels included with the tax forms they receive in the mail can be assured their returns will go to the right place. Bob Kretschman can be reached via e-mail at bkretschmanfcigids.com.

CHRISTOPHER TOMUNSONThe Daily Sentinel FINANCIAL ADVISER for Raymond James Financial Services, looks over the live feed from the New York Stock KENT SHETTLER, Exchange. See STOCK, page 6E After 35 years, card company still on top that will allow the poem to shine. Thats two (possibilities), Terrill says, placing the paper on top of that days first watercolor creation. Only another couple of hundred to do. Not much has changed in Blue Mountains 35 years of business.

Its still a place where words are most important, says Bob Gall, the companys president, who has worked for Blue Mountain for nearly By SUSAN G1AIR0N DailyTimes-Call BOULDER In a quiet Boulder office filled with natural light, Andrew Terrill quietly paints. He dips the brush into the purple and drags a line across the paper, then adds a blue lme next to it, gently swirling the two colors together. Terrill, a designer for Blue Mountain Arts, is working on the publishing companys newest greeting card line, experimenting with color combinations to create a backdrop rW 1- f- THE ASSOCIATED PRESS ANDREW TERRILL, a designerillustrator with Blue Mountain Arts, works with designs for a new card line Jan. 9 in Boulder. The local greeting card company is celebrating 35 years of operation.

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Pages Available:
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Years Available:
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