Fort Worth Star-Telegram from Fort Worth, Texas • 33

dwilio No "No we mo 6 Aft 'P ay 'do ft A -0 THURSDAY JANUARY 28 1999 Highlights Star-TelegramDALE BLACKWELL Pancho's Mexican Buffet President Hollis Taylor standing in front of a projection screen talks to shareholders yesterday in Carrollton PANCHO'S PLAN Pancho's Mexican Buffet stockholders yesterday approved a one-for-three reverse stock split that company directors hope will buoy the shares which are in danger of being delisted from the Nasdug stock market 2C PLANNING AHEAD Women earn less than men They also live longer than men The two facts combined leave women at an alarming disadvantage when it comes to retirement savings With the help of a federal grant two national women's centers have teamed up to help prepare moderate-income women for old age The Associated PressiDouGLAs ENGLE Traders work the floor of the Sac? Paulo Stock Exchange yesterday after $339 million flowed out of Brazil on Tuesday The market closed up 05 percent MORE UPS AND DOWNS Brazil's currency resumed its roller-coaster ride yesterday with the country losing more dollars and showing little sign of calming its economic jitters The government raised interest rates to try to stem the outflow of dollars and again said it won't step in to prop up the real 7C LOCKHEED CUTS Lockheed Martin Tactical Aircraft Systems executives in Fort Worth warned yesterday that further job reductions may occur this year at the 10500-employee plant because of possible slow- downs in work on the F-16 fighter 2C THE MARKETS DOW JONES 920023 -12435 OIL FUTURES Contract for March $1232 26 cents POSTED PRICE North Crude Oil $950 -25 cents GAS FUTURES Contract for March $1810 96 cents The American Airlines executive says legislative objectives should unite the industry By MARIA RECIO Star-Telegram Washington Bureau WASHINGTON American Airlines chief Donald Carty urged the industry yesterday to work together in pressing its legislative interests before the 106th Congress rather than bickering among themselves "We need to stop extending our TODD MASON COMMENTARY By BILL HORNADAY Star-Telegram Staff Writer FORT WORTH On the road next to Abco Builders' new regional headquarters cars make a mockery of the speed limit Local officials are loath to do anything about it In fact speeding is encouraged "Accidents are kind of a norm here We see a lot of that" said Lynn Bledsoe Abco's vice president remembering a stunt for a locally produced TV series "One day they did it on purpose They took a car out here just to flip it over" Of course not everybody has offices that overlook a super-speedway But at Lone Star Tower a 10-story complex on Turn 2 of Texas Motor Speedway about 20 tenants will have that distinction by year's end said Mike Carrancejie the speedway's vice president of sales and real estate Although efforts to market the tower's first four floors as office space began last week (More ()n TOWER on Page 6C) Barbara Salser completed the trifecta of telephone deregulation outrages late last year "I've been slammed and I've been crammed" the Arlington resident said "And now I have been scammed" Her son dialed an 800 number he picked up on the Internet Salser explains Nothing happened so he hung up He tried again two days later "He said he never got any kind of connection that he could recognize as a connection" Salser said He was actually gettiw a Cook's USINESS Star-Telegram Carty urges airlines to seek common goals marketplace battles onto the battlefields of litigation and legislation" Carty said at a luncheon of the International Aviation Club "When our competitive battles leak into national state or local politics not only do we divert our attention from where it belongs our customers but we also destroy our ability to work together towards our common goals" It was Carty's first major appearance in Washington since becoming chairman and chief executive officer of Fort Worth-based American Airlines and its parent AMR Corp in May Stdr- telegrdilIMELUN JAU About 20 business tenants are expected at Lone Star Tower a 10-story complex on Turn 2 of Texas Motor Speedway by year's end Offices at speedway tower about 25 full He presented a congenial and conciliatory approach toward working with government and other airlines That was in sharp contrast to the inyour-face approach that his predecessor Robert Crandall took in his dealings with official Washington But Carty did not shy away yesterday from criticizing Transportation Department officials who were in the audience for intervening in December in a dispute between Dallas and Fort Worth over expansion of service at Dallas Love Field He called the government action "naive" tour of the Caribbean The first call landed in Antigua and traveled on to Guyana and Haiti The second call alighted in Grenada and bounced back to New York and Columbus Ohio Each leg was billed as a toll call The total damages: $43 Your phone isn't the benign instrument it was in days of yore Suspicious numbers or requests must be greeted with suspicion The only line of defense is you The Federal Communications Commission has outlawed the practice of Ron Pyle president of Pronto Auto Parts looks out of his office window in the Lone Star Tower at the Texas Motor Speedway in far north Fort Worth on Tuesday rolling over toll-free calls to pay-perminute 900 calls But regulators don't have much to say about the telecommunications practices of other nations The FCC will investigate the North American end of Salser's Caribbean connections I gave her the address below but she was having trouble finding the 800 number which didn't appear on her bill Touch 1 Communications her long-distance company wants the 800 number as well "Without some morelspecifics Carty's speech was aimed not only at the army of Washington lobbyists and lawyers in attendance but at lawmakers who will soon consider landmark legislation Rep Bud Shuster RPa chairman of the House Transportation and Infrastructure Committee has called 1999 "the year of aviation" because of the important aviation issues facing Congress Next week the Senate Commerce Science and Transportation Committee will take up legislation to reauthorize the Federal Aviation Administration for (More on CARTY on Page 6C) wwwstar-telegramcom DIGEST 2C MARKETS 8-13C AMEX 4C MUTUAL FUNDS 1213C Distribution center to move from Dallas to Roanoke By MILES MOFFEIT AND STEVE STEIN Star-Telegram Staff Writers ROANOKE Randal is Food Markets has completed a deal to lease 976471 square feet at Alliance Airport bringing an estimated 360 jobs to Roanoke Under a 20-year agreement with Alliance developer Hillwood Development Corp the supermarket chain will relocate its Dallas-based Tom Thumb distribution operations to the former Food Lion Distribution Center which was shuttered in 1997 leaving 12 million square feet vacant Hillwood officials announced today The lease ranks as Alliance's biggest in terms of floor size followed by Zenith at 499797 square feet Hillwood officials said "The deal is huge not only from a square-footage point of view but also because it brings another first-class company to Alliance" said Mike Berry senior vice president for Hillwood The new facility will supply general merchandise and groceries to the company's Texas stores About 180 jobs will be transferred from the Tom Thumb warehouse in Dallas and the remainder will be filled with new hires said Randall Onstead (More on RANDALLS on Page 4C) New plan combines bills with single rate By DWID KALISH The Associated Press NEW YORK Corp took a step toward simplifying today's patchwork of phone fees offering long-distance and wireless phone service on a single bill at the same rate promotion which costs $2999 a month and 10 cents a minute could save heavy-volume callers money The payment system unveiled yesterday the first of its kind from a major telephone company also may prod rivals to reduce the complexity of their bills With the new plan people don't need to worry about whether they are making a call using their cellular or home phone said Fred Voit an analyst with Yankee Group a Boston-based research firm It's just a call" Voit said "This is going to be (More on on Page 6C) Caution is best line of defense against phone scams there's not much we can do" said a spokeswoman for the company that handles billing for the carrier "There's nothing that looks unusual on her account" Most long-distance carriers take the hard-nosed approach Economics explains part of it Touch 1 must split revenues on overseas calls with foreign companies that complete them Rest assured that Caribbean carriers demand payment in full Corporate suspicion explains the (More on MASt)N on Page 4C) 1 ID) 1 1 DIGEST 2C MARKETS 8-13C I 111) -16J INE AMEX 4C I MUTUAL FUNDS 12-13C i THURSDAY JANUARY 28 1999 Star-Telegram wwwstar-telegramcom 1 Carty urges airlines to seek common goals Highlights The American Airlines marketplace battles onto the battle- He presented a congenial and con- Carty's speech was aimed not only 10i I legislative says executive fields of litigation and legislation" ciliatory approach toward working at the army of Washington lobbyists 4 NP 4 t- Carty said at a luncheon of the Intern- with government and other airlines and lawyers in attendance but at law- 1 0 r44) objectives should unite tional Aviation Club 1Ir i That was in sharp contrast to the in makers who will soon consider land- the industry I "Whe our competitive battles leak your approach that his predeces- mark legislation Rep Bud Shuster '4" into national state or local politics not sor Robert Crandall took in his deal- Pa chairman of the House Transporta- By MARIA BECIO only do we divert our attention from ings with official Washington tion and Infrastructure Committee has Carty Star-Telegram Washington Bureau where it belongs our customers But Carty did not shy away yester- called 1999 "the year of aviation" I WASHINGTON American Air- but we also destroy our ability to work day from criticizing Transportation because of the important aviation 7771- lines chief Donald Carty urged the together towards our common goals" Department officials who were in the issues facing Congress 4 industry yesterday to work together in It was Carty's first major appear- audience for intervening in December Next week the Senate Commerce 44 A pressing its legislative interests before ance in Washington since becoming in a dispute between Dallas and Fort Science and Transportation Committee Star-TelegramDALE BLACKWELL the 106th Congress rather than bicker- chairman and chief executive officer of Worth over expansion of service at will take up legislation to reauthorize i Pancho's Mexican Buffet ing among themselves Fort Worth-based American Airlines Dallas Love Field He called the gov- the Federal Aviation Administration for 1 I President Hollis Taylor stand- "We need to stop extending our and its parent AMR Corp in May emment action "naive" (More on CARTY On Page 6C) 1 1 ing in front of a projection screen talks to shareholders yesterday in Carrollton i PANCHO'S PLAN Pancho's 1 Mexican Buffet i Randalls stockholders yesterday I approved a one-for-three a reverse stock split that corn- I 4 C'''' -Ail ite pany directors hope will t- "11 '41 4 leases buoy the shares which are in N-44--itt danger of being delisted from 1- '104 44 14 4" 4 t4 4 -11Cvprti 1 the Nasdaq stock market at ii '64 i'''4 I ki i 2C I 8 44'1 1 6 144 --4114 'f 'i 4 CIF "'Am VA' 7n 44 4 7k A at Alliance 4 A IN 00 '''4 V' I A re 6 til 1 7 ic 40 01 I A -1 11 ft or It v' $: 4 pm lo i ti ft it )02 4 Distribution center to move Women earn less than 1 PLANNING AHEAD it" q-Igi I' It 1 'Ilt ''10: Itt tt 11 I ti from Dallas to Roanoke 1 r--- it men They also live longer i II lanai kosig wat- 1 2241114 than men The two facts I glovewroo AND STEVE STEIN INISOIMIg BY MILES MOFFE combined leave women at an IT 'r r4111 sko-7-74- 0 I I 4 41 i 10 Star-Telegram Staff Writers alarming disadvantage when it comes to retirement sav- ROANOKE Randalls Food Markets has ings With the help of a fed- completed a deal to lease 976471 square feet at eral grant two national Alliance Airport bringing an estimated 360 jobs women's centers have to Roanoke teamed up to help prepare Under a 20-year agreement with Alliance moderate-income women for i developer Hillwood Development Corp the old age star- ielegrdilIMELEN IAU supermarket chain will relocate its Dallas-based 2C About 20 business tenants are expected at Lone Star Tower a 10-story complex on Turn 2 of Texas Motor Speedway by Tom Thumb distribution operations to the former year's end Food Lion Distribution Center which was shut tered in 1997 leaving 12 million square feet i 1 By BIIL HORNADAY 7 El vacant Hillwood officials announced today 1 Star-Telegram Staff Writer The lease ranks as Alliance's biggest in terms I i 141 lidi FORT WORTH On the road next to of floor size followed by Zenith at 499797 I 1 Nit -4 co Builders new regionaeaquarters Ab' headquarters square feet Hillwood officials said 1 1 Limm" $4 4) it cars make a mockery of the speed limit Local The deal is huge not only from a square- ii4 et: i "Accidents are kind of a norm here We 40- officials are loath to do anything about it In 8 footage point of view but also because it brings fact speeding is encouraged another first-class company to Alliance" said Mike Berry senior vice president for Hillwood 14 see a lot of that" said Lynn Bledsoe Abco's The new facility will supply general merchan- a dise and groceries to the company's Texas stores nl vice president remembering a stunt for a () IF About 180 jobs will be transferred from the Tom Associated PressiDoccaAs ENGLE locally produced TV series "One day they Traders work the floor of the did it on purpose They took a car out here just Thumb warehouse in Dallas and the remainder Sac? Paulo Stock Exchange yes- to flip it over" "-I (More on RANDALLS on Page 4C) market closed up 05 percent will be filled with new hires said Randall Onstead Brazil Tuesday terday after $339 million flowed 1 Of course not everybody has offices that out of on he overlook a super-speedway But at Lone Star I Tower a 10-story complex on Turn 2 of Texas MORE UPS AND DOWNS Motor Speedway about 20 tenants will have that distinction by year's end said Mike Car- Brazil's currency resumed rancejie the speedway's vice president of day with the country losing lan i its roller-coaster ride yester- sales and real estate Although efforts to market the tower's first more dollars and showing lit- four floors as office space began last week tie sign of calming its eco- Offices at speedway tower about 25 full combines bills mimic jitters The government (More on TOWER on Page 6C) raised interest rates to try to stem the outflow of dollars with single rate and again said it won't step in to prop up the real 41 BY WID KALISH The Associated Press 7C I I NEW YORK Corp took a step 44 toward simplifying today's patchwork of phone 040 Ron Pyle fees offering long-distance and wireless phone 7 -president of service on a single bill at the same rate de 7 Pronto Auto Parts promotion which costs $2999 a i LOCKHEED CUTS 4) 4 'I 3 looks out of his 141 month and 10 cents a minute could save heavy Lockheed Martin Tactical ---r-- office window in the volume callers money The payment system Aircraft Systems executives I 1 4 4- -e'1- Lone Star Tower at unveiled yesterday the first of its kind from a -k 't1 the Texas Motor I in Fort Worth warned yester- 4' ajor telephone company also may prod day that further job reductions A le on Speedway in far rivals to reduce the complexity of their bills '71' north Fort Worth may occur this year at the Tuesda With the new plan people don't need to 10 500-employee plant worry about whether they are making a call using because of possible slow- downs in work on the F-I6 4 their cellular or home phone said Fred Voit an analyst with Yankee Group a Boston-based fighter 1 4 41 p4-44 4- research firm 2C i It just a call" Voit said This is going to be 4 (More On on Page 6C) i THE MARKETS DOW JONES Caution is best line of defense against phone scams la 920023 -12435 arbara Salser completed the tri- tour of the Caribbean The first call rolling over toll-free calls to pay-per- there's not much we can do" said a OIL FUTURES fecta of telephone deregulation landed in Antigua and traveled on to minute 900 calls But regulators don't spokeswoman for the company that Contract for March A' late last it -11 1 "I've been slammed year Guyana and Haiti The second call have much to say about the telecom- handles billing for the carrier "There's $1232 and I've been alighted in Grenada and bounced back munications practices of other nations nothing that looks unusual on her i "i4 26 cents C'- 4t crammed" the Arlington resident said to New York and Columbus Ohio The FCC will investigate the North 4 account" POSTED PRICE now have scamme i9 "And I been Each leg was billed as a toll call The American end of Salser's Caribbean Most long-distance carriers take the North Texas 14 ow Her son dialed an 800 number he total damages $43 connections I gave her the address hard-nosed approach Economics Crude Oil TODD picked up on the Internet Salser Your phone isn't the benign instru- below but she was having trouble explains part of it Touch 1 must split $950 explains Nothing happened so he ment it was in days of yore Suspicious finding the 800 number which didn't revenues on overseas calls with for- MASON hung up He tried again two days later numbers or requests must be greeted appear on her bill -25 cents eign companies that complete them GAS FUTURES "He said he never got any kind of with suspicion The only line of Touch 1 Communications her long- Rest assured that Caribbean carriers II demand payment in full i Contract for March connection that he could recognize as a defense is you distance company wants the 800 num- $1810 COMMENTARY connection" Salser said The Federal Communications Corn- ber as well Corporate suspicion explai ns the 1 i I 96 cents i He was actually gettit4 a Cook's mission has outlawed the practice of "Without some morespecifics 1 (1s1ore on MASt)N on Page 4C) 1 I.