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Show If your Wishing up review -i-arf-estaurant low-t- hen 1 by Southwest unidl them) some utflhi Rodney B. Swearingen Durango, CO Vice President Investments Karen Brucoli Anesi By Y2K guidance for investors Foxfire Grill 2850 Main Avenue, Durango y Recently someone far more than me came to the defense of this countrys cuisine. He said its not true that America is just a string of fast food franchises. Were a great nation at war, engaged in a tasty disagreement about what we should eat and how it ought to taste. But no matter what political preferences we have or where were from, its mom that has the last word on food. Hes right. Lift the lid off the pot in the right kitchen, and youll sniff a rich coats of paint later, they have a comfort-blen- d of history, tradition, and ritual that able dining room that seats 140. will tell you where you are better than a The first menu turned out was amaz-maWhether its oyster stew, file ingly ambitious according to Spears, Until you test it, youre going to hit gumbo, or a slab of cornbread served with lima beans nuthin says lovin like some hard walls, she said. And hit walls something from moms oven. they did. Service wasnt even and there That ought to tell all you barbecue were a few bumps in the road. But, they know-it-alwhere to get good barbecue: pared down the menu and added a few different choices. Point your nose toward moms kitchen. La Foxfire Seafood was added. The seared ahi and north the of Grill, Durangos Plata County Fairgrounds on Main jumbo shrimp platters immediately Avenue, specializes in barbecue. Four types became popular. Specials and daily pasta of sauces: Guinness, Carolina, Oriental and selections were added. And beginning this Hotter than Hell are combined with rubs week, Foxfire will offer a happy hour from and smoking techniques, or are served on 4 to 7 p.m. Two of my favorites are the Crab Corn the side. Its smoke, spice and sauce like-- it Some are sweet and tangy, others are Chowder a creamy chowder with crab, and smoky. Differentiating corn, potatoes, onions and bacon; and between them is easy greens and vegeta-theyexplaining how the Bangkok Salad differ-chicken with bles is like the dissecting topped satay skewers unique roll and shrimp egg towers. I opted for ence between red, blue and yellow. Its the barbecue that curls under the the honey mustard dressing instead of the kitchen door and lifts you out of your seat Oriental vinaigrette. Both are good, If youre looking for more than soup at Foxfire, but theres lots more offered. Where the South meets the Southwest and salad, consider the Yucatan Fish gives you a clue what part of the world Tacos. They wont be like what youll get were talking about, but that description in Mexico, but they wont be as greasy, isnt really accurate. The common thread either. Blackened orange roughy is stuffed among all the selections is that owner and in a flour tortilla with a slice of avocado, mother of one of its chefs, Janet Spear, lettuce and tomato. The likes colorful, food. This is sauce served on the side is mild; neither of food with personality and as much color the two flavors predominate, Smothered as the walls and decor of the restaurant. The Green Chile better been have From Bangkok to the Yucatan, this is food Cheeseburger would even without the caramelized onions, which Spears offers because she likes it chile. The effect VCTiere when its origins are now'here near put a sweet spin on the the South meets the Southwest. was less than impressive. Foxfire takes all major credit cards, caters Zak When Spear and her two sons, and Aaron Sinberg, saw that their first and offers wine specials in their restaurant. Lady Falconburghs in down- - bar. Foxfire is open daily, serving the whole town Durango, become successful, they menu throughout the entire day. started talking about upscale, Still questing after the perfect Caesar tow n, casual dining. They bought the old her spare Village Inn and remodeled from the salad, Karen Brucoli Anesi spends ground up. Less than half a year and six time writing for the Durango Herald. p. - The Year 2000. Y2K. The New Millenium. If youre an investor, 1999 will bring the usual set of investment decisions, along with an important new one: What special precautions - if any - should you take to protect your financial assets troufrom Y2K computer-relate- d bles? U.S. Bancorp Piper Jaffray recently issued a special report addressing this common concern, along with specific investment recommendations. Heres a summary of our advice for preparing yourself for the new millenium. ls as-yo- u- - ed re lime-cilant- well-seasone- ro d, full-servi- ce out-on-th- e- the course. Maintain diversification, based on return expectations for given risk levels and portfolio objectives. Focus on large companies that are industry leaders and have globally dominant businesses; comfocus on small and mid-size- d panies that enjoy unique and proprietary positions. Reduce exposure to losers andor companies with generally poor earnings visibility. If youre moderately food-saw- full-bodi- level of concern is we recommend staying concerned err toward caution. Reduce equity exposure. Internationally, focus on developed versus emerging markets. Increase fixed income exposure, primarily government and municipal issues. losers. Sell If youre very concerned take a defensive investment position. Reduce equity exposure; err toward large companies that generally offer predictability of earnings. Eliminate d positions in small or company stocks and in international securities. Buy bonds, primarily government and intermediate to long-terzero coupon bonds; be selective among high-yiel- d corporate bonds. Sell losers. I encourage you to become familiar w ith the issues and events surrounding Y2K and the new millennium. In addition, take a critical look at your current investment portfolio, assessing w hether your holdings are consistent with your objectives and personal beliefs about the outcome of Y2K issues. mid-size- m What the experts are saying One thing is certain, there is no ' agreement on how serious the Y2K computer problem will be for investors. The views of the nations leading investment forecasters range from severe global recession to a tremor, not a quake. In any event, the increased media attention given to Y2K throughout 1999 will likely cause increased volatility in both equity and fixed income markets: Y2K certainly presents a new element of uncertainty, which typically equates to additional volatility. Heightened media attention, increased volatility, and uncertainty usually require action. Whether that action is severe depends like other investment decisions - on your individual comfort level. -- obtain a copy of the Prepare for the New Millenium Report , contact Rodney B. Swearingen, Vice President, at the Durango office of U.S. Bancorp Piper Jaffray Inc. Securities products and senices are offered through U.S. Bancorp Piper Jaffray Inc. To Rodney B. Swearingen is Vice President with the Durango office of U.S. Bancorp Piper Jaffray Inc., a full senice investment firm founded in 1895 Member SIPC, SYSE. Inc. Securities, products and services are offered through Piper Jaffray, inc., member SIPC and NYSE, Inc., a subsidiary of U.S. Bancorp. Brought to you by... U.S. BANCORP PIPER JAFFRAY, 1199 Main Ave. Suite 201, Durango, CO INC. OF DURANGO, CO or (970) 385-694- 9 Please visit us at our offices in the Burns Bank building. March 19, 1999 - Cross Currents 17 |