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Show i ' mammtmm 3E THE PARK RECORD www.parkrecord.com WEDNESDAY, MAY 1 7, 2000 B-ll tUSINESS EOTTOlt' Bruce Lewis MfMH ext I ! J Has alpina siding taken ii sp:3 tste form Chip Shots a turn to downhill slide? Two industry surveys show decline in numbers r ' Y. vi i.V: by Cnaca Liwis OF THE JCORD STAFF Leave for a week and the world falls apart.. Sheesh! Letve for a week vacation and everything (alls apart! The first day I was gone, the "Love Bug" virus was set free on the Internet. Then the weather in Park City turns cold - worthy more of late winter than late spring. ' And the two days following my return saw several inches of snow on the ground - where was it in November when we really needed it? (1 figure that last wis punishment for aO the time 1 spent, next to the pool, recharging recharg-ing in the Florida sun, so no point in following this particular line of thought.) So. what really happened with the Love Bug virus? How did it spread like wildfire around the globe? Simple carelessness, for the most part, and perhaps more than a touch of "It wst happen to me syndrome, too. Today, a worm or virus can arrive on anyoeei machine through e mail. Before you lose a day work to the latest lat-est malicious virus, follow these precautions: pre-cautions: ; Get protected If you donl already have virus protection software on your machine, you should, if you're a home or individual user, tils as easy as downloading down-loading any of several top programs or purchasing one via mail order or retail Then follow the installation instructions. instruc-tions. If you're on a network, check with your network administrator first. Update vaur anti-virus software. !nHai yW.&nve virus protectioa ?w..e instated, make sure HV up- to-frM. San anti-virus protection programs have a feature that will automatically auto-matically Jink to the Internet aad add new vims detection code whenever the software vendor discovers new threat. . Scan your system reguksly. If you're just loading anti-virus software for the first Ume, it a good idea to let it scan you entire system. It better to start your PC dean aad free of virus problems. Often the Mti-virus program pro-gram cau be set to scan each time the computer is rebooted cr on a periodic schedule. Some will scan in the back- round whit you are connected to the nternet. Make it a regular habit to scan fis? viruses. Be suspicious of e-mail attachments attach-ments Even if the e-mail is from a known source, be careful. A few viruses virus-es take the mailing lists from an infected infect-ed computer and send out new messages mes-sages with ita destructive paytoad attached. Always scan the attached files first for viruses. If pur irus protection pro-tection software allows it, set the scanner scan-ner to automatically look it anything before you open it - that way you donl have to remember to perform the extra step each time. Be cautious: unless it a file or an ima-e you are expecting, delete it. Stay informed Dii you know that there art virus and security alerts almost even day? Keep up-to-date on breaiteg viruses and sojraoas. The easiest way is to visit your virus protec- Frnm . amw m 1 G in SutXeaae BaautiM Eaaoaive Ottea Sua oawtaMno quart teat will aaven pnvate oatcea, jtaaaMNgMeorttoanca ' IvOan. WKmm IffluW Below Martial Rent (S18.55"RSF) and CAM chamaa ($4.10) tnraugh Aprt i, 2001; nooaatt renewal ratea mn leiidtoiil lor trwa to Sve yw FuTiy taissJ i Lueari Tctiootc iiaprrie ayetem. uiigmaad tenet t ; : JsrZk, efam fcutl tumaura; cdMeta para;i eCTM Sjr .' CON ft-epead taa,wrn arvict avbH Thre Ccvwtd pwWrj spac avlaWa wi Mm Comementy locaiad at tie bottom rf Swede Alty naarOeerMey tovtaenencetotltCCaTown by Crucw Lewis C THE RECORD STAFF Two industry survevs point to declines in the number of alpine skiers overall, and the possibility that participation by women in alpine skiing recreation may be declining at a fast rate. A National Sporting Goods Association (NSGA) 1999 survey recently reported that the number of alpine skiers fell for the third straight year to 7.4 million, nuking it the nation 33rd-masi-popular sport For the first time since the sport hit the big time, the number of snowboarders dropped 8.8 percent to 3 J million, according to the NSGA survey. Other NSGA findings showed that female participation in alpine skiing was off by 16 percent in 1998. The NSGA survevs have been conducted consistently over more than 15 years. Meanwhile, the Outdoor Retail Coalition of America (ORCA). a major industry trade group, released a study that finds a significant signifi-cant number of Americans are thinking about and spending more time outside. Specifically, they are snowshoeing. tele-fnark tele-fnark skiing, rafting, kayaking or trail running. run-ning. Participation by women in most outdoor activities is also on the rise, although ORCA study also suggests a decline in the number of women participants in alpine skiing ski-ing activities. The findings are part of the second edition edi-tion of the Outdoor Recreation Participation Study, released by ORCA, the trade association associa-tion for the $5.5 billion outdoor recreation industry. ORCA data was collected throughout 1999 as part of LeisureTrack. an on-going study of Americans (aged 16 and older) leisure time behavior and attitudes. The report was prepared by The Leisure Trends Group in Boulder, Colo. The ORCA study details numbers and demographics for fourteen outdoor activities including: road bicycling, single track bicy Quarter's financials resulis bstcsr f or Amsrican Siding With, the exception of resort revenue. the American Skiing Company (NYSE: SKI) is forecasting unproved results for the fiscal quarter which ended April 30. The company announced Monday anticipated antic-ipated financial results for the third quarter of fiscal 20001 Actual results are expected in June. - According to ft news release, total revenues rev-enues for the quarter arc expected to be in the range of S221.0 to $223.0 million, compared com-pared with J 1 64.6 million in the corresponding corre-sponding period in fiscal 1999. American Skiing expects total earnings before interest, inter-est, income taxes, depreciation and amortization amorti-zation (EBITDA) to be in the range of S69.0 to $71.0 million, compared with S67.0 million in the comparable period in fiscal 1990, the release stated. Resort revenues for. the quarter are expected to be in the range of S 149.0 to XQq PsrforfficinCS ata r comPan'es interest to Utah Nahc sns sn Nam sns vit Namc sns snt Nami sis ini ALPNET 275 2.75 DAWTECH 1.38 1.38 FRNKCOVEY 7.63 7 50 MERKTMEO - 4 88 4.00 AMERSK1 t.75 1.88 OEITAAM 5813 57.08 GCNVSTL .38 .50 MfTYUTE 15.00 1555 ALBERTSON 3381 34.00 DIGKXXIR 569 5 06 G5NTNER 15 00 1500 NATRSUN 7 88 84 ANESTACP 1fk25 15.38 DYNATEC 1.91 156 ttffJK 738 7.19 NOVELL 1013 10 50 KIMBERLYCLK 61.00 6156 DYNATRON .88 .72 tNTLAUTS 350 2 75 NUSWN 719 74 BAXTER 6688 67.81 EFIELEC 1.41 1.38 tOMEO 5.44 4.75 NUTRACEUT 344 34 BtMUNENEW .88 88 EQLNTYOL 194 188 KDMEGAC0 356 34 QUE STAR 19 44 19 25 CROWNENG .34 .34 EVANSSUT 11.19 11.19 JPREAi.TY 18.00 1794 SOSSTAFF 275 138 COROANT 56.81 56.75 FXENER 2.13 163 KROGER 20 81 2063 SiMONTRK 5 SO 550 COVOLTEC ' 1.75 181 FIRSECCP 1544 14 69 SENSARCORP 2044 2025 SKYWEST 38 00 42 38 CYCL03PS .42 .47 FLEXSENSOR 2.13 163 MARKERTN 22 .18 SOWSTAiR 2106 2200 . This Utah stock urn J O r j cling, wide road bicycling, car camping, canoeing, hiking, rafting, rock climbing, cross-country skiing, tekmark skiing, snow-shoeing, snow-shoeing, and trail running. The ORCA report distinguishes an activ-hyOs activ-hyOs "enthusiasts'' from its "participants' because demographics and purchase behaviors behav-iors among enthusiasts - those highly committed com-mitted to an activity - differ from those who are casual participants. Enthusiasts are the mosc frequent participants partici-pants in an outdoor activity and are defined as those who fall within the top 15 percent of activity participation levels. Participants are those who responded that they participated in the activity at least one time during the past year. On the positive side, the number of people peo-ple who snow-shoe and tele mark ski has risen, but those who alpine ski fed. and, for the first tune, snowboard participation has shown a decline while cross-country skiing continues a decade-long slide, according to ORCA. Snowshoeing and telemark skiing, while both low-participation sports, saw huge growth between 1998 and 1999, each experiencing experi-encing a three-fold growth in enthusiasts, from abotit 200.000 to &00.000. according to the Outdoor Recreation Participation Study. Snowshoeing had about four million total participants and tekmark skiing aVnrt 3 J? million. Other findings from ORCA Outdoor Recreation Participation Sudy include: Hiking, trad running and car camping show moderate growth among ferrule enthusiasts. Snowshoeing, tekmark skiing, and kayaking show high growth Among female enthusiasts. Trail running enthusiasts increased 38 percent from 1998 to 1999 and participant numbers increased by 13 percent, supporting trail running equipment sales information reported in ORCA Top-line Report, which tracks retail sales. Cycling enthusiasts are down in road bicycling, bicy-cling, single track bkycfcnft and wide dot bicycling. $150.0 million, compared with $1343 mil lion m the corresponding period is nscal 1 999. The company said that resort earnings before inicrat, income taxes, depreciation and amortization (Resort EBITDA) to be in the range of $61.0 to $62.0 million compared com-pared with Resort EBITDA of $652 million mil-lion in the comparable period in fiscal 1999. Real estate revenues for the quarter are expected to be in the range of $72.0 to $73.0 million, compared with $10 J million in the corresponding period in fiscal 1999. Red estate earnings before interest, income taxes, depreciation and amortization (real estate EBITDA) is expected to be in the range of S8.0 to $9.0 million, compared with real estate EBITDA of $1.8 million in the comparable period in fiscal 1999. On the resort side of the business, the Ptoase see American Skiing, B-13 report is provided by Derrell Reeves of EUEF V ' Specializing in chimprxtic-" care for ill ages? including sports, work and auto accident injuries. Certified in whiplash and spinal tauim injuries. 1 . ii ; xh a , .. Th main structure of threw nw retail storefronts is rising quickly on , th east sio of Wtri-llavt at Kimball Junction. Tho new space Is a-choduled to ba complwtad latar this sumirrier and will contain an office supply store and a homo accessories retailer. Hatch pushes debt change: Wants crack-down on those who abuse protection by Marcy Gordon AP BUSINESS WRITER WASHINGTON (AP) - Debt collectors could phone people at any time day or night and charge them higft fees if they fail to make good on bounced checks within 30 days under a proposal by Seoate Jtidiciary Committee Chairman Orrin Hatch. Hatch. R-Utah. is pushing the measure as an amendment to legislation that woukl make .it harder for people to erase debts through bankruptcy, which has raised protests from consumer advocates, unions, women groups and religious leaders. An aide to Hatch said Friday his proposal propos-al was designed to crack dow n on consumers who abuse the protections from creditor harassment under current law to delay paying pay-ing what tbey owe on checks or to not pay at all The aide spoke on conditioe ot anonymity anonymi-ty , But Sen, Paul Sarbanes of Maryland, the Democrat on the Senate Banking rornmntee, said the proposal would unfair ly "allow unfettered collection activities nut only against the individual writing a counterfeit coun-terfeit check but also against the consumer whose checks have been forged. In recent years, there have been many cases in which consumers whose checks had been stolen were subjected to "harassing collection tactics" in violation of the Fair Debt Collection Practices Act, Sarbanes wrote in a letter to Sen. Patrick Leahy of Vermort, the Judiciary Committee senior Democrat. He said Hatch proposal would allow the practice to continue legally. The proposal, first reported in Friday editions of The Washington Post would exempt collectors from the debt cotkctxin practices law when the bounced checks in question have been outstanding for 30 days or more. The law prohibits, for example, calling indebted consumers late at night. Paulson Investment Co., Park City. ritnning lot (tiuiicvil tuccm ion km to be difficult. At Motgaa Staalcv Dcm Cktcw Ton can otabhsk t cootprehenavt pUn to hdp yon icadi B row o6)cctio ni t an of mcsurrmfrn aamiitxb to hdp tmat you nay on track. w wil pvt rem the pennui ttentioii vou Jrsr. A pmntl mid hhfn Suiey Dun VCurr fiW 0rii pUn (tm Ivif yn: I f lamm w cask Ucm Stan a wing propii kit ymm tiJiim'i Wjhcr edaenma Eamt a finaiwJuBv coMfiMtdhlt Mtwcmcwt ftowct ywwutf i yem fiiity wwk inma ttfttgk If you'd like to improve your chance of eeaiixMif all yotf financiil poaU. tlten learn about the Motgaii SnnWr Dean wktcr financial plan. Stan planning fee your financial suctrn todays CaB ktorpn Stanley Van NTmci Financial Adv-oot . JoUJakb Associate Vice IVesacletit Ftoaadal Advisor MORGAN STANLEY DEAN XffiTER ft repeatedly dunning them over the phone or threatening criminal prosecution wjthout legal grounds. Meanwhile, senators working behind closed doors In draft the bankruptcy fcgtsla-lion fcgtsla-lion announced Thursday that their House counterparts had agreed to add several consumer con-sumer protections to the House bill that already were m the Senate-passed versioa.; Under the provisions now in both bills, credit card companies would be required to provide a toll-free phone number kit consumers con-sumers to find, out how long it ouki take them to pay off their balances by making only minimum monthly payments. In addition, the companies would hav e '.o tell consumers the exact elite nhen late fees are charged and would be prohiMed frorj dropping customers who regukrh pay their monthly balances in full hen k nitrvv ductory "teaser" rates are offered to lure new credit card customers, the compamo woukl have to dtsdo; dearly w hen the normal, nor-mal, higher rates wouU lepUoe the "ieae rates ajjjd what theTiigfcer' rate! woukl be. I The same requirements would apply tp credit card sobcitatxKis made through the Internet "Consumers should be given all the fads ihou! ibetr bilb so they can better maru$ family finances and protect themsehes from getting caught in a cyrfe of debt" said Sea. Robert TomoUi, D-N J, a co-aulhor of the Senate bankruptcy bill with Se a CharkJ Grassley, R-Iowa. The House and Senate NIK both pase3 by veto-proiif margins, apply new urJUrd for determining whether peopk fihnf1. US bankruptcy should be forced to repay then debts under a court -approved reorsamj-Uon reorsamj-Uon pUn instead of having them dissotvedl House and Senate negotiators are tryidj: to meld the two bills into one measure to approved by both chambers and vent r President CUntini. investors. May 1 1 - 15, 2000 Nami UTDPKMtN UTAHMEO WEIOERNUT 2XDNBKCP sns ?00 725 3 81 42 38 syti 231 1 725 369 -1.25 f Dow Jomts Averages aatNot n TRAMS ISUTtLS iajS7.7t 1 0,545.97 tn.M ijoi NUI 333.30 mm dcfM i 136 Heber Ave. PaAGry,UT 43549-3280 1777 Scji rtiV Drive a Ste. U0 Jack njn OTice lodt iac i |