Tyler Morning Telegraph from Tyler, Texas • 28

MARKETS Sec. 3 6 Ty ler Morning Telegraph SATURDAY, DECEMBER 23, 2000 Stock Party Electricity Rate Hikes Loom Bv Next Month SAN FRANCISCO (AP) Regu inn mm rJt Mr Nljv WW- I 1 9 that the utilities will be granted a rate increase," said Nettie Hoge, head of the utility watchdog group TURN. But Dan Richard, of said Wall Street's approval was vital to fiscal health and that the losses had wrecked the utilities' credit. Richard said would set up a rate-stabilization plan to spread the spikes over tpime. The company earlier proposed a 17 percent hike, which would have raised the average $54 monthly bill to about $63.

Both and SoCal Edison complained about the commission's delay in responding to the crisis. "The good part is, they're doing something. The bad part is, they didn't act in October," Richard said. Standard Poor's backed off its earlier threat to relegate the credit ratings of and SoCal Edison to "junk" status, a move that would make borrowing money difficult, if not impossible. After both utilities' stocks had plunged by ne'arly $3 on Thursday amid fears of an imminent financial calamity, they rebounded Friday.

stock rose $1.81, or 10 percent, to close at $20.06 while Edison International's surged by $1.31, or 9 percent, to close at $16.25. Meanwhile, with electricity imports slowing to a trickle, managers of the state's power grid declared another Stage 2 alert Thursday, meaning that power reserves fell below 5 percent. Consumers were asked to cut back and some commercial customers were warned they might have to cut power in places. There have been nearly three dozen power alerts since June. lators have voted for fate increases that would afiect millions of customers across the state starting next month in an effort to rescue two shaky electric companies tangled in a deepening power crisis.

The unanimous action by the Public Utilities Commission on Thursday means that hikes likely would take effect beginning Jan, 4, affecting 10 million customers of Pacific Gas and Electric Co. and Southern California Edison Co. The level of increase has yet to be deter-mined. "Retail rates in California must begin to rise," the Public Utilities Commission ordered Thursday. "This is crucial in light of the extraordinarily serious financial difficulties the dysfunctional wholesale markets have imposed on the utilities." However, the commission promised an independent audit of the utilities' books before ratifying its decision on Jan.

4. The two privately held utilities have said they were squeezed by deregulation in the state. and SoCal Edison blame $8 billion in losses since May on soaring wholesale costs and frozen customer rates. Commission President Loretta Lynch said wholesale electricity costs had increased fivefold over three weeks. "We are operating on an emergency basis," she said.

Consumer groups balked at the commission's decision, saying it paved the way for a bailout to appease investors. "This is regulation by Wall Street. The commission has prejudged the case and decided, before any evidence has been presented, 1 -w Max Media LLC Names TV President Max Media LLC on Friday officially named Phil Hurley of Tyler president of its new television company, Max Broadcast Group, effective Feb. 1, 2001, a company statement said. Hurley earlier this month resigned his position as general manager for five East Texas television stations including NBC 56 KETK-TV in Tyler and NBC 19 KLSB-TV in Nacogdoches to join the broadcast investor group.

The resignation will become effective Jan. 31, 2001. Hurley and his management team built KETK in 1986 and KLSB in 1991.They sold the stations to Max Media of Virginia Beach, in 1997. In 1998, Max Media sold the sta-" "We feel Max Media can bring its solid background of managing television stations and properties John. Trinder, President tions to Sinclair Broadcasting of Baltimore, and Sinclair sold them in 1999 to Communications Corp.

of America of Lafayette, La, Under a joint marketing agreement, CCA also operates Fox 51 KFXK-TV and KLPN, the UPN affiliate, in Longview. Max Media also announced Friday it plans to acquire three television stations in Montana in an $18 million deal that will require Federal Communication Commission approval. "We feel Max Media can bring its solid background of managing tele-, vision stations and properties that are now part of a growing economy thanks to the discovery by a lot of people that Montana is really a very good place to live and retire," said Max Media President John Trinder. Max Media also recently received FCC approval to acquire a 50-percent interest in four radio stations in North Carolina. Hurley said the opportunity to work with the group came at a very opportune time.

"We think that right now the time is very positive for purchasing stations because we're still pre-digi-tal conversions and there are certain stations in the country that don't want to make that conversion to go digital, as required by the FCC. So there are some pretty good buys out there," Hurley said. AP Photo BLOWING HORNS: Indonesian traders blow horns, toss confetti and documents celebrating the last trading day of the year on the floor of the Jakarta Stock Exchange Friday. The JSX Composite Index ended up 0.3 percent, or 1.218 points, at 416.321. Refiner Agrees To Pollution Controls "This agreement addresses the past in a small way and the future in a big way." Jim Mahoney, Koch's Executive Vice President Tyler morning Telegraph Inf oConnect Stocklino WASHINGTON (AP) Koch Petroleum Group will install up to $80 million in pollution-reducing equipment at three refineries in a settlement with the The settlement among Wichita, Koch, the Department of Justice and the Environmental Protection Agency was filed in U.S.

District Court in Minneapolis Friday. The three had agreed in principle in July. At the same time, the government reached a similar agreement with BP Amoco concerning nine of its refineries. The agreements are considered voluntary and are intended to allow the refiners to avoid future enforcement actions and years of litigation. The EPA has been taking a seAor-by-sector approach to industry pollution problems and recently turned to refineries, said Cristine Romano, a Justice Department spokeswoman.

"I hope other refineries will take note," said Lois Schiffer, the Justice Department's assistant attorney general for the environment. The agreement does not affect the Justice Department's criminal case against Koch. The company was indicted in September on charges of conspiring to violate the Clean Air Act at its Corpus Christi, Texas, refin-ery in 1995 and 1996. Under the agreement, Koch will install up-to-date pollution control equipment at two refineries in Corpus Christi, Texas, and one at Rosemount, Minn. In addition, Koch agreed to pay $4.5 million in fines.

533-0600 Of those, $3.5 million assessed for waste disposal violations has been paid. The remaining $1 million settles alleged Clear Air Act violations. Koch did not admit wrongdoing in paying the fines. "This agreement addresses the past in a small way and the future in a big way," said Jim Mahoney, Koch's executive vice president of operations. "It closes some old, disputed issues to the satisfaction of all parties involved and lays out an efficient, flexible path forward to implementing additional clean technologies and best practices at our Minnesota and Texas refineries." Federal officials said the agreement will cut nitrogen oxide and sulfur dioxide emissions from the three refineries by 5,200 tons by 2008.

The company also will cut releases of smog-producing organic compounds and benzene, a known carcinogen, through better leak detection and repair practices and will improve safety for workers and local communities by sharply reducing accidental releases of press selection number 6962 or (MYOD) Market Snapshot Stock, Mutual Fund and Government Bond quotes are now available when you want them. You'll be able to hear: Stock Price, Daily HighLow, Daily Volume, PE Ratio. All you need to access this information is the ticker symbol(s) of your stock(s). Stocks traded on the AMEX, NYSE, and NASDAQ along with Mutual Funds and Government Bonds will be available. To enter a ticker symbol on your touchtone phone, press two digits for each character In the stock symbol.

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JDSUnis 633186 40.94 Cisco 604987 41.50 2.63 WrldCom 579650 13.88 SunMicros 552476 31.88' 4.94 Microsft 542643 46.44 3.00 Intel 445648 32.94 Oracles 347873 31.88 2.38 DellCptr 332170 18.38 1.19 Palmn 268193 29.50 3.88 ApldMatS 246064 38.63 3.25 Gainers Stock Close Net. Chg. Chg eRoomSyn 2.50 1.19 90.40 SciDynm 2.00 .88 77.78 Ravisent 2.69 1.16 75.57 ScrmMdn 3.38 1.31 63.60 IMRglobal 5.44 2.00 58.17 Prestek 9.50 3.38 55.10 ansthink 3.94 1.38 53.65 Ribozym 12.00 4.19 53.59 Corelnc 3.31 1.13 51.42 NtwrEng 2.44 .81 50.03 Losers Stock Close Net Chg. Chg. OmniVisn 3.66 Biocryst 6.50 SnrTlcmn 3.88 Cognosgs 19.25 SupGwtOI 5.00 Meteor 3.25 HostAmr 2.41 SuperGnn 12.88 ParkOh 3.88 MetrlntBn 9.00 Coordinator Jim Bothwell at 596-6310.

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Most Active Volume Volume Stock (100s) Close Net Chg. Stock (100s) Close Net Chg Nasd100Ts571343 60.50 4.44 DJIADiam 18942 .106.97 2.03 SPDR 101252 130.94 3.81 FAusPr 10871 3.99 Cambior 38527 .25 SemiHTr 9625 50.75 3.25 SPTech 20285 32.73 2.11 Nabors 9581 54.92 SP Mid 19889 92.34 3.53 EIPasoE 9394 14.00 .11 Gainers Losers Stock Close Net. Chg. Chg. Stock Close Net.

Chg. Cha. PGECap pf 18.25 6.63 56.99 PGEpfZ 19.00 WhitmE 2.00 .69 52.32 PGEpfY 19.00 ThCardio 9.00 2.13 30.91 PGEpfE 12.13 PGEpfD 12.81 2.81 28.13 OhioArt 2.63 StrgCmp 6.30 1.35 27.27 CreditStrn 2.00 MichAnt 2.00 .38 23.08 ImageWrn 4.13 PGEpfB 14.50 2.50 20.83 Datalinks 2.56 PGEpfC 12.31 2.06 20.13 SDgopfA 11.75 AimGT 4.50 .75 20.00 Scheib 2.38 CEFrnkg 2.81 .44 18.44 Avanirn 3.56- LIMITATION OF LIABILITY THE INFORMATION PROVIDED IN THIS SERVICE IS SUPPLIED BY THE ASSOCIATED PRESS (AP) WHO REPRESENTS THAT IT IS CURRENT TO WITHIN 15 MINUTES OF ACTUAL TRADING, T.B. BUT -LER PUBLISHING COMPANY DOES NOT GUARANTEE THE SEQUENCE, ACCURACY OR COMPLETE NESS OF SUCH INFORMATION AND SHALL NOT BE LIABLE IN ANY WAY TO ANY PERSON WHO USES SUCH INFORMATION OR TO WHOM SUCH INFORMATION IS FURNISHED, FOR ANY DELAYS, INACCURACIES, ERRORS OR OMISSIONS THEREFROM OR IN THE TRANSMISSION OR DELIVERY OF ALL OR ANY PART THEREOF OR FOR ANY DAMAGES (WHETHER INDIRECT, CONSEQUENTIAL. SPECIAL, INCIDENTAL OR OTHERWISE! ARISING FROM OR RELATING TO THE USE OF THE SER -VICE OR THE INFORMATION PROVIDED THEREIN.

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PE (100s) Last Chg. Hi Lo Stock Div. Yld. PE (100s) Last Chg. Hi Lo Stock Dlv.

Yld. PE (100s) Last Chg. 14.25 4.16 ABC-NACO 492 6.78 10.44 4.81 Cholest 27.97 516 6.44 104.50 24.88 IntgDv 15.00 33146 32.06 4.25 46.63 14.75 AEPInd 274 45 00 .06 82.00 35.16 Cisco 97.03 604987 41.50 2.63 75.81 30.00 Intel .08 .20 26.02 445648 32.94 3.50 1.25 Abatix 5 00 18 1.44 3.13 1.09 CstDntl 391 1.03 82.00 4.50 InterDig 11568 5.94 11 20 00 8.75 AceCash 13 98 53 11.13 53.00 32.05 CocaBtl 1.00 2.60 51.02 69 38.81 38.75 5.63 IntVceBr 27.03 4926 6.50 .13 87.31 26.72 AdobeSys .05 .10 57.97 24797 65.69 5.88 7.69 .91 Cmpcm 47.97 2989 .97 16.25 12.31 JksnvllBc .50 3.10 5.00 16.00 6.50 1.88 AdvPoly 3,98 5181 2.19 7.81 2.69 Comshr 3198 1224 2.75 10.63 6.63 LksGam 3.98 115. 8.13 .13 52.38 36.50 Akzo 89e 1.70 1300 52.44 1,19 12388 43.00 Comverss 83.98 41902 1 09.00 17.63 56.81 13.00 LamRschs 8.98 33879 15.25 1.56 1050.38 Alpnet 4181 .41 35.25 25.50 ConnWIr 1,20 4.10 18.98 .129 29.25 -50 34.75 .18.50 LancastrC. 68f 2.60 10.00 658 26.06 2.08 67.13 1 8.00 AlteraCps 32.03 80640 27.56 2.38 11.7 5 7.50 Dawson ,119 8.75 .06 11.50 8.56 Lance .64 5.50 13.98 1766 .11.69 .25 10.69 4,50 AmPac ,2.97 49 5.72 31.75 16.19 DBeer 1.04e 3.90 13.98 1425 27.00 .75 1 4.00 4.50 MaysJ 16.02 7.92 24.44 1.44 ASoft 1198 1.75 59.75 16.25 25.00 332170 18.38 1.19 5.00 .06 Mdcore 73 .63 -13 8044 45.13 Amgen 60 00 52697 66.75 3.06 19.50 13.63 DelING 1.14 5.90 13.98 26 19.25 .13 49,63 18,00 MichSlr 10.00 2660 23.75 75.25 13 63 AppleC 12.97 56090 15.00 .94 16.13 8.75 DrchHu .88 5.60 12.03 254 15.75 119.94 40.25 Microsft 27.03 542643 46.44 3.00 11538 34.13 ApldMatS 16.02 246064 38.63 3.25 23.88 1.63 ElcFuel 3113 4.88 .56 33.75 25.00 MdsxWat 1.241 3.70 37.03 32 33.75 1.25 20.63 9.00 ArkBest 5 00 2328 1 5.63 .56 84.50 1 9.50 EmisTch 2307 21.00 47.25 25.50 MolexAs .10 .40 22.97 6428 28.50 1.44 5.72 2.34 AronxPh 3985 4.00 .88 84.13 22.75 Enzon 6476 60.56 656 83.00 22.50 NexteIC 80479 25.44 1.19 30.75 9 38 Almel 27.97 56855 1300 .25 26.38 10.38 EricTel .50 130470 11.75 .94 32.99 18.06 Nordsons .56 2 10 16.02 656 27.00 1.13 27.31 11.00 BedBaths 42 97 30622 23 25 .50 6.63 .66 Ezcorp 525 .75 44.56 5.13 Novell 40.00 50906 5.97 .13 12900 47.13 Biogen 2797 33889 60.06 59.19 2938 FfthThrds .72 1.20 37.97 27985 59 88 .75 64.25 6 53 Noven ,46.02 1166 32.81 2.88 4100 1813 Biomels .161 .40 38 98 15128 38.88 1.31 33.50 25.38 FFdEH .80 2.50 11.02 27 31.75 19.25 10.56 OCharleys 16.02 159 17.75 .25 21 00 6 38 BioTcG 37.03 5610 7.75 .84 5.00 1.28 Fonar 21 91 1.31 17 88 6 00 OhioCas .48 4 80 2607 10 00 .28 2131 12.00 BobEvn .36 1 80 13.98 606 20.31 19 4.88 1.23 FrozenFd .12 8.30 1762 1.44 -13 35.00 23.06 OldNBcp 2.40 23.98 588 28.88 .06 24 50 8 00 CBRLGrp .02 .10 17 03 3247.

18.19 .19 39.88 16.19 Gentex 1898 8290 18.06 .06 46.50 21,00 Oracles 7203 347873 31.88 2.38 7.75 2.97 CNS 660 3.50 75.88 10.75 GeronCp 2572 16.38 1.63 9.00 .50 PSC 1396 .69 .16 4506 6 06 CalMicr 21.02 922 7.63 63 30.00 2.56 Glenayre 22.03 5235 3.50 .19 5.94 1.50 ParPet 356 3.19 .03 64 94 44 00 CapSw 1.10 135 52.25 88 9.75 6.50 HlwdEnpH. 00 10.50 16 9.50 10500 53.50 Powerlel 2336 65.56 1.06 10.50.88 Caringtn 1832 1.06 06 21.88 12.52 HuntBnk 80b 5 10 1000 10942 15.75 .25 28.75 5.88 Prestek 14712 9.50 3.38 1313 1.13 Cellstar 5025 1.69 .19 5.88 3.00 Hurco 3.98 22 3.44 .06 49.94 30.00 PriceTR .601 1.50 18.98 3142 40.94 .63 12.88 5.50 CentlBc 15.00 1301 9.50 1.25 22.50 2.63 Informx 47121 3.09 .09 200 00 51.50 Qualcoms 97.97 157056 85.00 9.19 Vol. -62 Vol. HI Lo Stock Div. Yld.

PE (100s) Last Chg. Hi Lo Stock Dlv. Yld. PE (100s) Last Chg. 57.38 8 50 Regenrn 1691 38.94 1 2.69 4.81 Sunglss 8.98 927 5.00 27.00 18.31 RegionsFn 1.08 3.90 11.02 12694 27.56 .63 31.00 15.06 Sybase 25.00 10589 17.56 18.002.88 Replgn 1789 3.63 12.88 5.38 TCIInt 21.02 112 9.25 .13 14.25 9.13 Santos 5.10 53 1281 .75 1 7.13 1.44 3DOCo 3462 2.03 .06 28.00.75 SvisCmn 3350 1.13 .13 12.88 6.81 Topps 3.98 1953 8.94 .31 22.25 3.38 Scios 2767 18.69 .69 24.13 11.00 UltraStp 834 19.44 .06 18.75 7.06 Scitex 2.97 1065 7.09 9.50 .63 VOneCp 1890 .69 32.00 1.03 SmithMicn 1913 .97 104 23 13.25 VerlxPhs 9086 71.94 7.50 9.52 6.55 SsdeBTXs.

20a 2.60 6.02 23 7,81 22.63 17.50 WD 40 1.28 6.10 16,02 749 20.88 1.50 10.38 6.56 SsdeBcMO.32 4.40 7.25 63.50 34.38 WholeFd 2373 59.88 .88 5.50 2.81 SprtHaley 284 3.13 55.13 13.88 WrldCom 8- 7.97 579650 13.88 50.81 23.13 Starbcks 92.03 17053 45.25 .31 8.00 2.19 Zila 32.03 3811 2.25 15.88 4.00 SleinMrt 22 97 5409 11.25 1.56 66.75 30.56 ZollMed 33.98 1950 36.69 1.00 AEE3f Vol. Vol. HI Lo Stock Div. Yld. PE (100s) Last Chg.

HI Lo Stock Div. Yld. PE (100s) Last Chg. 3.50 2.37 AIMI 86 1.35e10.20 13.98 57 3.25 5.31 3.75 FAusPr .54 13.50 10871 3.99 25.38 12.50 BlairCp .60 3.40 6 02 30 17.88 .25 775 .88 GaylCn 2297 3232 1 13 33.75 3.13 Caltons 231 3.25 2QQ 25 GdR(j 39.00 26.25 CenlSe 4.35e .90 295 27.00 .38 4.44 1.83 ImpacMtg 897 2 93 03 7.00 4.67 Citizlnc .451 61 6.94 .06 10.25 4.75 CmCP 10 10.00 33.25 6.63 1. 26 02 504 14.00 .50 10.13 4 56 CrnCPB 101 9.75 5288 14.00 IvaxCps 61.02 4098 38.01 2.54 5.38 2.63 Decoratr 4.40 7.03 18 2.75 58.19 25.94 Nabors 92.03 9581 54.92 12.32 6.79 DelLab 21.02 5 9.63 10.25 1.38 Oshmn 2.97 180 7.13 .75 2.00 .38 EchoBay 8782 .38 29400 20000 Wesco 122 .40 2.03 800 272.00.