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Show B. The Daily Herald Thursday, August 27, 1992 Nefrjorfiinj a plus for By ROBB HICKEN Herald Business Editor one-on-o- Networking may be PROVO the key to the future in the world of computers, communications, and industries, in more ways than one. Networking is defined as a group of interconnected or cooperating individuals. Curt Allen, vice president of marketing and one of the founders of Folio Corp., Provo, said such a networking connection was what pushed Folio's establishment hi-te- ch along. Folio produces software for management, which aids in the filing and retrieval of info-base- d data. "I went to the Utah Information Technolgy Summit in March with the intention of participatig in the activities," he said. "What I found was a good opportunity to meet with top executives in the information technologies industry in an informal setting." IJtah Information Technologies Association is sponsoring another at summit Aug. 31 and Sept. Sundance resort. Allen said it was this opportuni AP Photo Built to please, '53s the first 1953 Chevrolet Corvettes sits on display at the General Motor's headquarters in Detroit. The Corvette has been around for almost 40 years of in America's automotive One of lifestyle. The exhibit features 15 significant Corvettes and highlights of big moments in history. Only 300 '53s were built and more than 100 are still operating. ty that allowed him to visit and gain needed understanding as to what the industry needs and what it offers. "I've had many meetings, and have since had working relationships with some of those companies," he said. He noted that another key catch 1 phrase is "It's hi-ttec- lri sity professor, said there are three finance, marketing, and adminstration to the summit. ne tracks maiv-ageme- "The reason we chose those three over the past few years the of UITA board members many have served on a gubernatorially appointed study group, and we found the three big problems convenfronting most of the start-u- p tures had to do with those problems," he said. "We've taken these tracks, and said since the membership and the other 850 companies have voiced concern in these areas, we will address those predominate- "coopetition." tremendous that Ray Noorda (president of Novell, Provo) has taken the approach he has," Allen said. "A lot of big successes have taken a closed approach, but Ray's idea is that the people who win will be the ones who find the best way to work with others coopet it ion . " "The key to this business is networking," he said. "This event brings you together with people that you can't get to any other way. You just can't get to the CEOs and COOs of Fortunre 500 compa- is that hi-te- ly." The one-da- y seminars will give added insight to the new businesses as well as help existing busineses to get the best out of today's economic climate. The seminar speakers are those who have demonstrated through nies." With Utah being ranked as the second largest region for software development, it is only natural that a networking conference be developed and presented, said conference chairman Tom Sawyer. Sawyer, CEO of National Applied Computer Technologies, and a former Brigham Young Univer entrepreneurial growth, or through the support structures have demonstrated their competence in those tracks, Sawyer said. "Networking is critical," he said, "becasue we'll be exchanging business cards, and some of the things that will be helpful to find the items that may be unique. " July's durable goods orders plunge Guessing starts on Andrew's damage By DAVE SKIDMORE Associated Press Writer ''. U.S. factories for WASHINGTON Orders to economically crucial durable goods plummeted in July for the second time in three months, the government said, sowing new doubts about the health of ;the economy during the home ;stretch of the presidential election 'campaign. Most of the sharp 3.4 percent the biggest in seven Mrop months was attributed to a in orders for aircraft, but oth-e- r key categories, including industrial machinery and primary metals Jsuch as steel , fell as well . has run i "The recovery aground," said economist John M. ;Albertine, a Washington-base- d consultant. "Durables, along with ;the rest of the economy, don't build up any j seem to be able to momentum. ... No sector is robust enough to give the economy a ': de-feli- ne In advance, economists were anticipating a small decline of less 0.5 percent. Orders had increased 2.8 percent in June but ' they fell 2. 1 percent in May. j The plunge comes at a bad time for President Bush, who is trailing I than 1 Democrat Bill Clinton in public Excluding the volatile defense orders fell 2 percent. Exthe even after category, opinion polls Republican National Convention last cluding transportation, they rose week in Houston. The president is 0.7 percent. trying to coax voters into feeling better about the economy. Durable goods, intended to last three or more years, range from home appliances such as toasters and refrigerators to business equipment such as turbines and New orders computers. Their sales are considered an important barometer of BMons ofdoUis, Masons adjuttod businesses' and consumers' will132 ingness to borrow and spend. Economists warn that without sustained increases in durable goods orders, there is little hope for substantial improvement in the 1ST Durable goods nation's unemployment rate, which was 7.7 percent in July , just under an eight-yehigh of 7.8 fey 112 ries. The Commerce Department said orders for durable goods totaled a seasonally adjusted $119 billion in July. Orders for transportation equipment tumbled 15.2 percent, the worst drop since September. Orders for military goods fell 26.4 percent. The power and destruction of a hurricane is hard to fathom. Maybe that's why natural disasters are so quickly reduced to numbers. The next statistics on Andrew already known by its category and will be the cost of its wind speed wrath to property owners. Already, pronouncements range into the billions of dollars, a minimum for impressing the public in this era of news. big-tick- et reputation within the industry for disaster accounting. Property Claim Services has attached the first authoritative price tags to some of the country's most famous recent catastrophes, such as Hurricane Hugo and the San Francisco earthquake. On Tuesday the company sent representatives to South Florida to put a number on Andrew. According to the company, past disasters have measured up this way: Hurricane Hugo, Sept. 1989 $4.2 billion. $2 billion to $16 billion," said Jill Earthquake near San FrancisChamberlain, press secretary for co, October 1989 $960 million. the Florida Department of InsurFires in Oakland, Calif., Ocance. tober 1991 $1.2 billion. Insurance companies, which The company's estimates inwill bear the brunt of the cost, clude only insured property, so accept these numbers for the wild, they aren't a complete measure of early estimates they are. They pay the disaster. more attention to the pronounce"Our numbers are not infalln ments of a company in ible," said Ed Hermanson, staff New Jersey, which has gained a consultant at the company's head "We've heard everything from - 120 ar percent reached a month earlier. Continued declines in orders eventually would cause layoffs at facto- By NANCY FEIGENBAUM Orlando Sentinel little-know- 0 A S 11 O NO July '91 "VmA 1092 June '92 M J J ffiifls Dft otConwrmn mmw m mum mm toaaawvwwwyjjjiTirffiiTffiYfi Hill I S Realty Associates I a national company. He also owned food and presided over multi-stat- e operations. He received a bachelor's degree from Brigham Young University, where he was a member of the nationally ranked debate team. He has held various sales and restaurant management seminars. He and his wife, Dianna, have two children. maa9UlU'A!JLiV"Vtf iTO lli sabbatical to Smith took a raise her family. Returning to work, she encountered many changes that 15-ye- ar had occurred. PRICE BUSTER . Robert B. Gledhill Bill Capps i Realty Associates, 251 E. : 1200 South, I Orem, has added ; three new real es- tate agents. ; Zona Dayton ; has been named as - a new realtor to - the associates. . Prior to her l ing the ioin- - ASSO- - Zona Dayton ciates, she worked as accountant for ; Wilkinson Center Barber Shop, which was operated by her husband, I Gary. They live in Orem. She is a graduate of Wasatch High School. She studied for her real estate license and graduated I from Stringham's Institute of Real Estate. Bill Capps, of Lehi, has been i working as a building contractor I prior to joining the team. He worked I for 20 years in building, and has been a general engineering contrac- tor for 10 years. He has been selling ; real estate for three years. He and his wife, Sharon, have seven children. I 1 Robert B. Gledhill, Provo, brings i senior management and executive : skills with him to the Associates i .firm. He will be a realtor. Senior ! -- U' (cTSTiTDTF III I Property Claim Services prepares for catastrophes by keeping computer "profiles" of every U.S. county. Using tax records and census data, the company counts houses, apartment complexes, stores, schools and all other buildings that might carry insurance. It also tallies their value. July IK iTol Sourer U.S. quarters in Rahway, N.J. "We're happy if we can come within 10 or 15 percent. That's not true in every case, but we can try." Hermanson said the California earthquake estimated at $960 million actually did about $905 million worth of insured damage. "Now, that was a pretty good guess," he said. He is less optimistic about the Oakland fire figure because many homeowners had special policies covering the cost of rebuilding their homes. With homes burned to cinders, it was a challenge estimating the construction price . management executive for more man 20 years in multiple areanas, he served in sales and management for American Fork Hospital 80386 Dr. Don L. Bowcut, a family practitioner, has joined the medical Fork staff at American Fork Hospital, an Hospital IHC hospital. His Regarded as a j practice, in asso hard worker ana ciation with Dr. one who is the Carl T. Bell, lomodel of integri- - r cated at 120 N. ty, American 1220 East, Suite Don L. Bowcut Fork Hospital em8, American Fork, will emphasize ployees named I full range of family practice the Marcia Smith, re-- 1 services including obstetrics and gistered medical peditrics. Bowcut, a native of Utah, technician, as July recently returned to Utah County Employee of the after completing a three year family Marcia Smith month. at the University of Nevada practice A fourth generation native of School of Medicine in Las Vegas, American Fork, Smith has worked Nev. He recevied his medical trainin the hospital laboratory for more ing at George Washington Universithan 10 years. She became interest in Washington D.C., where he in medical technology while still in ty in 1989. He completed graduated high school and has always had the undergraduate work at the Universidesire to do research. She majored in ty of Utah, earning a bachelor's of chemistry and minored in bacteriolscience in biology. ogy at Brigham Young University. Bowcut and his wife, Nora During her senior year at BYU, reside in Cedar Hills with their Smith studied under the supervision daughters and son. of a pathologist at Utah Valley Regional Medical Center and trained in theoretical and practical aspects of laboratory science. After graduaArticles for the Business tion, she took the national exam to trends section are run on a become a registered medical techd basis. nologist and is a current member of Articles should be no longer the Amercian Society of Clinical than 200 words and, if a photo Pathologists. is desired, it would be helpful a color or black & white if Upon certification, Smith worked is included. Direct adphoto In at the UVRMC Blood Bank. to the business ediquestions several offers to received she dition, tor, do research in the field of immunol- American "IZ ill I Ml Gil-Ia- first-com- e, 373-505- 0. ogy which she declined. SLJ! SS II C0I1PUTER SX-1- 6 1 meg RAM 80386SX-1- 6 40 meg HD. Floppy Disc Drive do:S 5.0 42 VGA Monitor Similar to shown SKU '1792997 0 0 0 PER MO STATE-OF-THE-A- &03SSSX46 f n.ruv L COUFUTER PACKAGE WIA" W'"r 80386SX-1- 6 w 1 meg RAM SO meg HD Dual Mixed PD DOS 5.0 42 VGA Window 3.1 and Work monitor for windowi. Similar to shown. 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