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Show J L WEATHER 10 SATURDAY, THE DAILY HERALD (www.HarkTheHerald.com) ... TODAY 3 2f- -' "V' -s- 22 Low SUNDAY 39 High 25 Low MONDAY -- A Jl tf Partly cloudy and cool 45 25 Low WEDNESDAY 5 0 Beaver Mountain 43 0 S4 0 64 0 The Canyons 57 0 Daw Valley 58 0 50 0 Nordic Valley s18' 0 40 Moonrise Moon set amaaa Mkmom f Predominant 66 0 57 0 Snowbird 66 0 Solitude 58 0 Sundance 34 0 Sown: Moniloren CiH (801) 521 8102 Low 23 (801) 1 Sown: 964-600- War. Air Monnwitu 47 35 40 43 41 44 Cedar City Coalville . Delta Eureka Fillmore Green River Heber City Kanab ' , , I5"-'- " , , Cnf 45 43 29 44 44 44 36 43 44 44 37 43 34 37 56 45 45 44 - . Spanish Fork St, George Tooele Vernal Wendover Yesterday HighLow ' Provo 1' 3619 Salt Lake City 8811 3516 Ogden Heber City nana Orem 4220 , Fork 4122 , Spanish Nephi 327 Mantl 4612 Provo data taken at Provo Airport - "'' STATE HighLow Yesterday Preclp. Month To Date December Normal 3619 3519 4023 3511 3621 3721 4017 3615' 0.00 0.00 0.00 0.00 0.00 0.00 0,00 0.00 0.06 1.23 0.85 0.69 0.67 0.92 0.42 0.16 1.64 1.32 1.91 1.50 0.84 1.66 1.17 0.94 Normal Albany Albuquerque Anchorage Atlanta Atlantic City Austin Baltimore Baton Rouge Billings Birmingham Bismarck Boise Boston Brownsville Buffalo Burlington Caribou Casper Charlotte Chattanooga Cheyenne Chicago 17 12 16 21 18 14 16 is 20 22 21 23 21 28 23 18 21 - . j " Evanston Fillmore Flaming Gorge Green River inana &910 3919 nana na16 Season To a REGIONAL Date MUPrwlp Mankevllle Helper Kanab Kearnt 4714 nana 5721 nana Laketown LLayton Logan Lyman Midway Mllford Moab Monticello 249 3817 162 nana nana 4413 4617 nana Wntlwr 0.00 pc na pc O.OOf na pc 0.00 pc 0.00 pc T pc na pc na pc O.OOf 0.00 pc na pc 3.92 4.05 6.28 4,35 3.50 5.30 3.81 3.15 ' KVUcle HIAoWm 2320sn 226 4122 3428 4424 3110 5328 3115 5333 3115 3922 228T 3021 3319 6341 4623 pc 3025 sn 3820 pc 3522 sn 5027mc 3220sn 4721sun 2810sun 3218sun 3524pe 3528 sn 6242mc 199 .01 ?517sn 2315sn 2518sn 2514pc 3921sun 3321mc 2417 sn 1911.05 3026 T 258 1912cldy 4522sun 2619sn 2315 cldy 2816sn 4324 sun 2623 sn 3828 cldy 313 4530 2012T 2313cldy 6028 3917 3610 3416 6039 YMtwday HlLo I - days: The old Montgomery Ward corporate headquarters Is seen In front of the new building in Chicago. Good old STOCKS Other broad-mark- et measures also fell on Continued from B7 day. The Standard & Poor's 500 fell 13.94 to 1,320.28, Friday's drop of 87.24 to 2,470.52, the Nasdaq will start 2001 more than halfway below its record close of 5,048.62 on March while the Russell 2000 index of smaller companies dropped 10.50 to 483.53. There were no new economic reports to bolster expectations the Federal Reserve will cut interest 10. s. t; s " " -- t w r " t . - Denver" Des Moine Detroit Duluth El Paso Eugene Evansvllle Fairbanks ftrgo Ragstaff Fresno Grand Junction Grand Rapids Great Falls Green Bay Harrisburg Helena Honolulu Houston Indianapolis Jackson, Mis. Jacksonville Juneau KansasClty Las Vegas Lexington UttleRock Los Angeles Louisville Lubbock 2818 3613 158 T 2217.01 134.02 5127 4537 2218 T 21OT sn ; 2415 sn , Tomorrow Ytatwday Tomorrow mLoWoa HtUPraala HIUWM 2215.22 4424 T 3423 6561.01 4528 3021.08 1810.02 4930 Miami c 5826 4535 sun- mc ' 2513cldy 010pc : 4915 sun 5833 pc 3921pc 23i4me 3515sun 2315,04 1912 me 2718sn 2413 3115sun 2110 8269 7867pc 4927me 5436 T 1915.05 2212eldy 3317 pc 4226 5235T 4520sun 3732.01 3836sh 186sn 188T 6037 sun 6338 2618 me 2317T 3327 3220 pc 7744 7447 sun 2419.09 2820 mo 3414 3825mc 5218 6029 4114 277.15 3716 VMttniay HlUProclp Madison. Wis, Medford.Ore. Memphis ' ; , Midland Milwaukee Minneapolis Mobile Montgomery Nashville New Orleans NewYork 4328 Norfolk North Platte Okla. City - Omaha Orlando Philadelphia Phoenix ' Pittsburgh Pocatello Providence Prtlnd, Me Prtlnd, Ore Pueblo Raleigh Rapid City Reno . Richmond Roanoke 2921T 5134 3118 3225 3413 3622 1910T 5547T 3016 7341 2410T 178sn Rockford Sacramento Salem, Ore San Antonio San Diego San Rrancisco San Jose San Juan 4730 mc 2816 pc 6243 sun 5128 pc 2015me 4 lmc 4420sun 3820sun 3020mc 4727 sun 3325sn 3422 pc Santa Seattle Shreveport Sioux City Spokane 2815 sn 258 III Spmsld, Sprngfld.Mo St. Louis Syracuse Tallahassee Tampa Toledo, Oh Tucson Tulsa Waco ' Wash, DC Wichita Wichita Falls Yakima Youngstown Yuma 5429sun 3123sn 6944sun 2018sn 3618 pc 3426sn 2924sn 4536 mo 2816 sn 3920sun 3416 3313 4638 3825 3920 3515 4919 3217 3317 Fe Savannah 139sn 135 pc 5223 pc 3722 pc 2718sn HlLoWu 7054 8475 6457 3632 3019 6953 pc 8672 cldy 6454 pc 3732 cldy 3021 pc 245mo cldy r Cape Town Caracas Casablanca Copenhagen sh Dublin pc sn 8275sh 2414f Fiji 233 8873 3930 Hanoi. 7766 8172 6744f Havana Helsinki HongKong Istanbul Jerusalem Johannesburg 2614cldy Kiev 8959cldy 3225 cldy 4938r 8464 8163 8157 Edmonton Frankfurt Geneva Grand Cayman Guam Halifax 6448 pc , 5541 r 3926 sn 7459sh 6845 cldy 199 Ywtanlay HlLo Today WLo WEATHER 8058 sh pc pc Kingston 4530 8473 8277 3628 2518 7061 6052 nana 7557 3932 8675 B775pc 3225sn 4025 cldy 8473 po 8475 po 3626me T766po 77fl5r 2417 sn 7163f 6149 sh 6347 f 7456ts 3934 cldy 8576 pc 7568 6355 3723 5045 Lima Lisbon London Madrid Managua Manila Mazatlan Melbourne Mexico City 9170 Milan Montego Bay Montreal Moscow Nairobi Nassau New.Delhl Nice Osaka Oslo: Ottawa Panaa City CODE KEY: 3815T 5631 4028 5632 7245 5741 5935 8572 3512 4728.81 4635 4534 199 T 2921 1814.07 2710T 2216.04 160.01 4638.01 5848T 2110.06 7034 3621 4932 : 3119 3224T 4229 3219 T 229.01 7348 159cldy 5535 pc 4535 me 5230 me 6848 sun 5639pc 5941pc 8674po 4415pc 4522sun 4939r 3922pc 3428sn - 168 me 205pe 187mc 2515sn 4418sun 5331pe 2616 sn 7339sun 2918mc 4826mc 3222 sn 179sn 3324 mc 3529 cldy 2716 sn 7046sun "There's just no reason to unless maybe there store to closest the they're your house." But at least one electronics supplier said it wasn't all gloom and doom. "It's not like they weren't doing well in some areas, like electronics," said Ronnie Goldfinger of Highland Performance a manufacInc., Marketing go d Park-base- d dis- count retailer Bradlees Inc. announced that it, too, was going out of business. Asked why Montgomery .Ward was filing for Chapter 11 bankruptcy for the second time rather; than a Chapter 7 liquidation, Oliv- -' er said it was simply a matter of procedure. "It is clear that this is an orderly winding down," he said. About a fifth of the Wards stores, including some in Chicago, had been updated. But some analysts said it was too little too late. "Wards has not established themselves as anything distinctive in the marketplace," said George Whalin, president of Califo- Retail turer's representative that sold consumer electronics to Wards. "But it wasn't enough." Montgomery Ward had been shooting for sales growth this year of about 9 percent. Instead, it hovered at a sluggish 2 percent. Begun in 1872, Ward pior neered catalogs when it came out with a sind items gle sheet of for sale. It was the first U.S. mail-ordhouse to sell merchandise. general Sears, Roebuck & Co. was not founded until 1886 and did not put out its first general merchandise catalog until a decade after mail-orde- dry-goo- er that. The company opened its first store in Plymouth, Ind., in 1926. Man- agement Consultants. rates next month to prevent a recession. And without any major profit warnings from companies to further dampen the outlook, analysts held out hope that positive seasonal factors might prevail. In particular, investors are optimistic the market will benefit from the tradi 8275 7564 6454 7045 5034 8673 1914 Today Yaatarday TMay HlUWoa HlLo MUWaa 3531 sn 7666 f 6153 pc 3420 f 4842 r 9072 pc 8473eldy ' tional "January effect," the phenomenon where money tax sellraised by year-en- d marback flows into the ing ket. Those flows are supplemented by new money from holiday bonuses and contributions to retirement plans. This year, investors hope the money will be put to Paris Prague Rio pc 8673 pc r 4529 cldy 268 7959 8161 7343 5945 5239 2321 1610 9172 de Janeiro 2113oldy Tahiti Tel Aviv 7959cldy 7757 ts Tokyo 169sn Toronto Trinidad Vancouver Vienna Warsaw Winnipeg Zurich 7343pc 4740 cldy 5744 pc 1715eldy 2212oldy 8672 , Rome Santiago Seoul Shanghai Singapore St. Thomas Stockholm Sydney 7963f 6757 6847 cloudy; ' Oliver, a spokesman for GE Capital Services, the subsidiary of General Electric that oversees Montgomery Ward. Ward's Montgomery action came two days after rnia-based ' Tomorrow WAoPwelp HIUWm YMtwday O.OOf Massachusetts-base- STEPHEN J. CARRERAThe Associated Presi VMtwday Today 8773cldy Continued from B7 - .... f llll HlUWea Calgary Caneun O.OOf Acapulco Amsterdam Ankara Athens Auckland Bangkok Barbados Beijing Beirut Belgrade Berlin Bermuda Bogota Bombay WARDS l '(i,;;iv. VOnLD CITIES ' 0.00 pc 0.00 pc 0.00 pc Tomorrow HlLoProclp Woatlw Page 4628 0.00 pc Price 4218 0.00 pc Richfield 4514 0.00 pc Rock Springs 281 0.00 pc Roosevelt 365 0.00 pc Snowbird 3317 0.00 pc St. George Tooele Vernal Wendover ZionNP TMnotrow 8971 3230 3725 6555 7768 1st to Sept. 30th Ytatwday V V r '" ) 9072 3933 3721 6454 7760 8672 8277 2818 6852 5541 3627 7054 6650 9161 Brussels 3730 4837 Budapest Buenos Aires 8463 Cabo San Lucas 8164 Cairo 7350 CITIES Tomorrow Yaatwday p.m. p.m. p.m. a.m. a.m. Normal To Date 3.53 4.49 3.46 2.66 5.63 5.57 4.33 1.77 Oct. 5:16 8:56 1:21 5:06 4:24 3921 3719T 3017 2215.12 Chlston,SC 4427.22 Chlston.WV 2814 Cincinnati 2118.01 Cleveland 2615T Clmbia. SC 4525 T Concord Dallas Dayton Rainfall year: YMtaraay Tomorrow HILoftl WMtkw Duchesne Escalante i Set Rise 8:11 t.m, Venus 10:30 t.m. Mars 2:36 a.rm Jupiter 2:36 p.m, Saturn 2:17 p.m. Mercury Vaatwoay REGIONAL ALMANAC pc pc po po O.OOf 0.00 pc 0.00 pc na f 0.00 pc 0.00 pc na pc 0.00 pc i (t)' - NATIONAL CITIES 18 12 19 21 20 22 20 25 .43 Logan Mantl Moab Monticello Nephi Ogden Orem Price Provo Richfield Salt Lake City 'j 0.00 0.00 0.00 0.00 . I- No Bum r Lehl 3718 4625 3216 3514 4617 4310 358 ' . , I ': V-.- nmgumf. r j "V .. Voluntary No Bum Current Highway Conditions Lows Alta Blandlng Bountiful Brlgham City Cedar City Delta (H. k-- Jan. 24 Current Ski Conditions Today's Highs and Tonight's ..'''- New Moon, Bum Day l ZZZ . O ''"""fr"5 T"'"" Last Quarter mmmom ' i : Moon Pollutant: Particulates 50 Snowbasin partly cloudy High Meadows Powder Mountain Continued SXJj3 Hrf 7:49 a.m. 5:10 p.m, 11:06 a.m. 9:54 p.m. Sunrise Sunset OFull Brighton Park City o Low TUESDAY High 70 Elk mix of sun nl clouds High AM Brian :L Becoming partly cloudy -v .J N Bos Depth Snow W4 WJ Ski Areas 37 High 'kM Alpin Increasing clouds late -- DECEMBER 30, 2000 r 4138 3423 9378 6146 8146 3421 5046 9073 8272 3330 7566 8275 7851 5039 125 8875 4136 4332 3432 50 3925 2920 sn 9277 ts 5843 f 8255 f 3826oldy 4945cldy 91T4ts 8272 pc 2422 sn 7669 pc 8372sh 6951f 5241f 2214 sn 8873cldy 4338 r 3730 sn 3129cldy 3420 sn cloudy; j Stock hoax could earn man 4 years in prison By GARY GENTILE AP Business Writer - A LOS ANGELES man accused of making $241,000 by issuing a phony press release that sent a high-teccompany's stock plummeting pleaded guilty Friday and could get nearly four years in prison. Mark Simeon Jakob of El Segundo pleaded guilty to three counts of fraud. Under the plea bargain, he also surrendered a wad of $54,000 in cash bills with a rubber band around them, brought to court in a relative's purse. Jakob was arrested in August on charges of creating a hoax that sent the d stock of Costa' Emulex Corp. plunging as much as 62 percent in one most of that in one day freefall. The incident raised alarming new concerns about the accuracy of infor h r its quarterly earnings from a profit to a loss, prosecu- Mesa-base- tors said. Investigators said Jakob made money by "short-sellinEmulex a way of taking advantage of a drop in a stock's price. te work bargain-huntin- g the battered technology tor Not :' ' '")-- in seg-- , ' the surprisingly, heaviest dealings on Friday involved many of the year's most prominent losers, which were weighed down tax sellers, by yet bolstered by those betting on a January bounce. last-minu- te mation distributed via the Internet and the lightning speed with which it can move the market. In exchange for Jakob's plea, prosecutors dropped the remaining charges and agreed to recommend 37 to 46 months in prison at sentencing March 26. Jakob also may be fined and ordered to repay investors, whose losses have been estimated at nearly $110 million. Jakob used his knowledge from a former job at Internet Wire, an online distributor of news releases, to distribute the statement that the chief executive of Emulex had quit and that the company was restating g ' NYSE volume totaled 1.0 billion shares at 4 p.m., almost even with Thursday's tally of 1.01 billion at the same point. Overseas, Japan's Nikkei stock average fell 1.16 percent, Germany's DAX index rose 0.97 percent, Britain's FT-S100 slipped 0.01 E |