| OCR Text |
Show ____TheSalt Lake Tribune BUSINESS Friday, May26,1995 NASDAQ=-=* YOU MUST LEARN TO Name___Last Cha ieronEl 15% iernics ae —+44| NVEED Netrix D1 tery Su mS a iwkimg |NOKG 2 3% ene SAMS Emel! SCOTTADAMG@AOL COM x USE YOUR BOSS'S IGNORANCE TO YOUR ADVANTAGE 2 xfdit's 51 —1% Phot fdRec 154 — FIND OUT WHAT IMPRESSES HIM AND LIST IT ON YOUR CCOMPLISH MENTS | Slag © 1006 United Feature Syndicate, Ine. (NYC) DILBERT Continued from B-14 YOU'RE THE ACTOR IN SUIT?! I MY SECRET LOVE THAT IDENTITY GUY! \ any __Last_Chy | WholCell Wholfty | Stagsia 938/11 t, SldFincl 121/: SidMic 184 195% = is | Srmopeys i yntlet 9 Ochrly s 114 OM Grp 251/18 —ine 18 aiVisn Walt 40% +2 OmegaBa NowdCl 298/10 -i7| OnAssign %|NateBty 6 —%|Onbep' NaiSun 15% OnePrice =¥q| Nautica’ 30. +44 OneCom 6% ne | Nelleor 4234 +14 Opal =H) era MierPck Micrgfx PSPLFSEEF | NAL Tech 96 NAL MR Fan By Jeannine Aversa THE ASSOCIATED PRESS committee approved the overall bill. Supporters say the bill will benefit consumers by increasing competition, which they contend will lead to lower prices and greater choices in products. Opponents contendthebill will lead to higher prices. Markey’s amendment, which was rejected 32-14, would have permitted cable rates at all but small systems to be deregulated only when another competitor with “comparable video program- TW Gamwt” Tramedia 1 Tensnt Twit TwldHt wt nFD Mutl tanPh t Sanmina | Sapiens Sateon SatTech voy SendBde Se 2 2 | People ip 18° +% |PSBBre 5% % 28 | PeopTel ats otsy 914 —44 | RepES 4 —Y4| eopalls 8 —s5| Proven 398 is] ebay 1 184 —34|PerSpty 77% +5 Proxim 7% RepWst 17% —%4 Pereptr 1 roxima 274 Yu | Reshine |sast 2M +3 | Scitex |SeosNov 22%4 “ae +¥% 415 1058 6% |ScoreBd t |Stachee Staceys 51/18 -7/18 Stacys wt Sig va |sunTV 19/18 +17" |SunGrd MW Panel Approves Phones, Cable Bill WASHINGTON — A House panel rejected efforts Thursday to protect consumers from potential increases in cable TV rates as lawmakers sent to the House floor the most far-reaching reform of telecommunications law in 61 ears. Thebill would let cable, local and long-distance companies into each others’ businesses. The House Commerce Committee scuttled a plan by Rep. Edward Markey, D-Mass., architect of a 1992 law regulating cable rates, to temperprovisions in the bill that would dismantle protection against rate increases. Later, on a vote of 38-5, the DON'T TELL THE “BARNEY” aNygoDY ming” was authorized to compete against the local cable company. Under the bill, small systems would be deregulated immediately and larger systems would be deregulated within 15 months — evenif they don’t compete against another system. The committee also agreed to a changein thebill that Commerce Committee Chairman ThomasBliley, R-Va., contended would accelerate local telephone company entry into the long-distance business, speeding new services and lower prices to consumers. Bliley’s provision would permit a local phone company that already has a competitor in the local phone businessto get into the long-distance business roughly within six months — rather than 18 months — afterthebill's enactment. However, Bliley’s amendment toughened what constitutes a local phone competitor — a company providing both residential and business services. But, in return, language was added to thebill guaranteeing that local phone companies would be able to enter the long-distance market at the same time long-distance companies e. ‘er theirs. The committee also approved by voice vote a measure written by Rep. Michael Oxley, R-Ohio, that would retain limits on foreign ownership of broadcast companies, but would removethe restrictions for telecommunications companies if other countries removedtheir restrictions on U.S. companies. The panel also approved, 34-13, a planlifting limits on the number of TV and radiostations one company may ownnationally and removing a host of decades-old cross-ownership restrictions. However, the plan includes safeguards to protect against undue concentrations, something that was not part of the original broadcast deregulation proposal Under the plan adopted by the committee, one company could owntwo T'V stations and oneother mass media property -— either a newspaperora cable system — in a local market. If the company wanted to own more local media outlets, it would have to get approval from the Federal Communications Commission. That didn’t appease Markey, who said the plan would lead to local media combinations that “would make Citizen Kane look | Sunglsss 7 | 3Com s 6% — a 3 ‘Sys 5 rn 8 49% +1% Taitronn 31% -1% | Tapist wt 1B 8 |Sbo ce 124 So784 +14 | Tiger T as, asked: “Why in the world would you want to see control over information in this country consolidated?” The plan also would require that there be at least three separately owned editorial voices in markets with more than one media outlet. Supporters said this would apply to all forms of com- By Evan Ramstad THE ASSOCIATED PRESS NEW YORK — Computer Associates International Inc. on Thursday agreed to buy rival Legent Corp. for $1.8 billion, becoming the software industry's largest merger less than a week after another huge deal collapsed. Computer Associates, a software pioneer with plenty of acquisition experience, had been believed to be considering another purchase for several weeks. The company has been invigorated by a doubling ofits market value over the pastyear. But the announcement came munications, including broadcast- ers, cable and newspapers. Markey said that when thebill goes to the Housefloor, he would offer an amendment that would forbid one company from owning what hecalled the “royal flush” a newspaper,TV, radio and cable system in the same market. Bliley said he expects the House to vote onthebill in July. cable 17% 81/16 ie + 2 Ws | WstwOn 47 WholePd Merger of Software Companies Could Bring Antitrust Action like an underachiever.” And Rep. John Bryant, D-Tex- Markey’s Wt = 1% ts My dae deregulation plan also would have considerably reduced the numberof small systems eligible for immediate rate deregulation. “Rates will go up,’’ Markeypredicted, for 30 percent of cable customers underthe bill. But supporters of rate deregulation disagreed, saying competition is the best way to keep customers’ rates down. just five days after Microsoft Corp. decided to drop its $2 billion buyout of intuit Inc., which had been challenged by the Justice Department on antitrust grounds, Analysts said Computer Associates could brush up against the sametrouble. “The antitrust division, having just come off the victory with Mi- crosoft and Intuit, is probably feeling they're dealing from a position of strength, so I think there is someissuein that regard,” said Russell Glass, analyst at Premier Partners, a Dallas-based investment firm. “On the other hand, the market in which these compa nies are operating is very large.”’ Charles Phillips, analyst at Morgan Stanley, said, “They're two large companiesin the same business generically, but if you start cutting it more finely there's less to be worried about.” Either the Justice Department or Federal Trade Commission would review the merger but the agencies haven't decided which, a spokesman for the Justice Department said. The two are amongthe largest independent developers of software for the big computer systems found in most corporations and government agencies. Computer Associates had revenue of $2.6 billion in its fiscal year that ended March 31 and Legent'’s revenue was $502 million for 1994. Circuit [ Gity. . . Your Cellular Phone Headquarters! FEETIVATIONALL PROMS 35 VALUE!" $50 Airtime Credit on Digital Phones! *Offer available on new activations only, Requires annual agreementwith Cellular One. Certain restrictions may apply. Offer ends 5/31/95. See store for details. Authorized Dealerfor CELLULARONE Choose from over 24 framesin over 200 colors & grades. Portable Cellular Phone CLEARLY THE ONE FOR VALUE eesCam Cs MOTOROLA Only the finest American & Italian construction, Guaranteed OS All our leatheris sale priced every day, guaranteeing the best price day in & day out Portable Cellular “Flip” Phone Your choice leather sofas *699! * * + + Cad Od fa Bed CT te] ro td DYNASTY for a life time. (AA) MOTOROLA 11.6 0z. w/ battery 100-minutetalk time 15-hour standby 10-number memory DYNASTY Transportable Cellular Phone Plus an EEE with purchase 5699 sofa an unbeatable value in shell topgrain leather. Sand colored leather sofa imported from Italy, Clearance priced to_ move. Our new Leather & Home Office Gallery is now open + 90-minutetalk time +20# memory ° 9.902. with battery + 3-watt power +30-number memory + Hands-free operation + Compact, lightweight design Emergency Cra Lee Purchase! So just behind our Salt Lake showroom.Visit Utah's largest collection of Western & contemporary leather fumishings. Out Back Leather ) FORT GhIBN s] 1340 E. Park Centre Or. 2970 Highland Dr. 484-9405. Mon-Fri 10-7, Salt Lake Cty (801)862-9866 Sat 10-6 Park City eer i b ie ’ , natuzzi 5 seat sectional in burgundy leather raked shit a | ; Drantasco esta Py A 100 Orem (801)229-2252 FsSashesARO Rualaigecane iverdal Riverdale Conan= i Salt Lake City garonsivo on carer yews fay vy Cowen ‘SensaayCyrerea . |
