Show atatt fakt Zribunt TUISDAY 2004 1 HIGH COURT CONSIDERS AOL GUN CASE 1 I MIL Alit 3 )4'IN 11) I E winssitribcom ( KT kv I - Indicators : LOW-CAR- FOR DIETERS B I E9 Food industry trends 4- E10 ilred will Oil be Eqtrity YES I ERDAY'S 3 fin I PIZZA CUES Classifieds Stocks E3 E2 Utah Business Your Money E2 rights I ET Employer 4 i e Dow Jones e e 4 NASDAQ 4 ' 1 '4( I 1"-CLOSE: CLOSE: 10149918 2906315 NYSE Denver's Whiting to buy d Salt Lake company 80-year-b- I I After more than 80 years of operations as an independent oil and natural gas exploration and production company Salt Lake Equity Oil Co is about to be Whiting Petropurchased by Denver-baseleum Corp for $762 million in stock and assumed debt Shareholders of the Utah company will receive 0185 shares of Whiting Petroleum stock for each share of Equity Oil they own i: 656870 113526 d Utah s Top Performers '144: A The Bloomberg Utah Index measures the stock performance of the state's major publicly held companies )Ptty CLOSE: 31209 d City-base- CLOSE: 500 prices 450 Shares 400 of Salt Lake Equity Oil benefited from the City-base- d 350 increased interest last year in oil and gas company stocks Equity's share prices mAtalko however dropped on the following Monday announcement it agreed to a takeover by Whiting Petroleum Corp JFMAMJJASOND "With this merger our shareholders will have the opportunity to becang part of a larger company with increased krowth opportunities" said Paul Dougan:Equity Oil president and chief executive Equity Oil faced with servicing approximately $29 million in debt ift mid September announced it was considering merging or selling the company and had Petrie Parkman & Co hired Denver-baseto help it consider "strategic alternatives" BY STEVEN OBERBECK The Salt Lake Tribune CLOSE: 1 City-base- S&P 500 't12T 1d Equity oil share Investors uncertain about the direction of the economy sent stocks fluctuating throughout an erratic session Monday with prices ending mixed Blue chip stocks finished higher while tech stocks extended their slide See EQUITY OIL 12 Nk 250 Moday's close $3 61 200 150 100 JF MAMJJASOND IF 2004 2003 2002 ilir Soh Source: akMiberg NtliN IAA? Tribune a LI firm TM Making a clean profit ANALYSIS 300 penalized $175M ft A Altiris reports dramatic growth in income ---- I ' ' 144 À 1 ' w - t Altiris Inc reported Monday that it achieved dramatic growth in both revenue and net income during its most recent quarter and for the 2003 - ) - 4s'i maker illegally sold homone 'I: 4 i '''' Punishment: Supplement ' Yi14(''') '-- By GLEN WARCHOL 4 Me Soh Lake Tribune ' ''Ki 40 V'r 'ft C A supplement combeen fined has $500000 and orpany dered to forfeit $125million in profits the company made iWgalbi ing a growtVjipmione-lace- d pro(luct Neway44 pleaded guilty in aCalifortriltforteral court in OctoberAo illegally distributing human th 'honntk'tlIGH) na-- tionwide In additiVi tb:' the mone tary sanctions the company Is on probation for three years and must notify federal authorities of any injury claims resulting from its product IlloGevity an oral spray The sale of IIGII is illegal without a doc tor's prescription 1 fiscal year The Salt Lake City computer systems management company had $303 million in total revenue for the quarter ending Dec 31 a 67 percent increase from the $181 million recorded for the same time a year ago Net income for the quarter reached $41 million or 15 cents a share triple the $16 million or 7 cents reported this time last year Altiris' revenue for the entire fiscal year was $993 million up 58 percent from 2002's $629 million Net income for 2003 was $137 million or 57 cents a share compared with a $139 million or 89 cents a share net loss hi 2002 Altiris stock closed Monday at $3626 per share up 26 cents from Friday's trading on the Nasdaq ft - - k - r 1 4 f ' 4 : - 7 2 JI ' ' : k 1 - - ' ''1 i 'k- - — 1 i'4 f t 0 ( '41) '' - 4 T 'f ' ' 2' ' - 'rna 4 k o ' 4 A 'IS '0S4:- '' 4 ' l't1' 41 ' 0 I 'fk Set NEWAYS - ' LEAH loGsTENIlhe Sidi hike Inbuilt' Carina Rios above and her husband Alberto own and operate Honey Bee Cleaning out of their Clearfield home Doing the dirty Jobs of cleaning so homeowners and businesses don't have to has become a practical source of income for many families — Bob Mims Videophone booths let deaf chat The number of consumers needing a little help with housekeeping has made cleaning a viable business Securities charges filed An investigation by the Utah Division of Securities has led to the filing in 5th District Court of multiple securities fraud charges against two Utah men in connection with $1 million in investments According to a news release Thomas Mark Swensen and Nikitis A Mangeris controlled Heal Alliance Inc and used the firm to induce 41 individuals to invest $275750 cash along with $750000 in other assets In one case Swensen and Mang-en- s enticed a senior citizen into mortgaging his Cedar City home and lending them a total of $250000 to purchase Turning Point Technologies The two men had misrepresented the company's price— more than doubling it according to investigators and some of the property they offered the seniorcitizen as collateral was worthless The acquisition ultimately failed because ScvetiSen and Mangeris never paid Turning point the full ' asking price Investigators allege Swensen failed to disclose his previous securities violations to investors or that he needed written approval from state officials before could again sell Salem-base- BY KATHY GURCHIEK The Salt take Tribune Housekeeping business Minimum initial Carina and Alberto Rios went into to clean up and as owners of 2- Bee Cleaning they are doing just that Carina Rios was a school aide and cleaned friends' homes part time Inr six years and her husband was a truck driver when they decided to devote their efforts full time to mopping scrubbing and vacuuming as a means of supporting their family Their initial invest- SMALL ment was $500 for sup- plies a vacuum shirts with the company name a business license and name registration Six months later they added insurance an extra $500 per year expense Some businesses start out on even less Owners can reduce their initial investment by using their own cleaning supplies and equipment said John Kastelic founder of the National Association of Professional Cleaners (NAPC) in Ohio As seniors singles and families look for help on the home front the demand for cleaning services provides plenty of opportunity for potential residential business Kastelic said Its first week of business Honey Bee Cleaning had 20 residential customers Today the business which the Rioses operate out of their Clearfield home has 40 clients Entrepreneurs B USINESS dual-incom- e See CLEANING E7 investment: BY The Rios' initial investment Cli R ISTO PI I ER ihr Soh Lake was $500 but the addition of liability insurance less than a year after starting their business bumped that up to $1000 WASHINGTON — The world's only university for the deaf and hard of hearing heralded a Salt Lake City company's breakthrough in communicat ion technology Monday unveiling the nation's first videophone booths which allow phone calls to be made via sign language interpreters: "It's really marvelous" 1 King Jordan president of Gallaudet University said as h watched a deaf student make the first live video Expenses: Includes cleaning supplies and equipment and a reliable vehicle that is large enough to accommodate the cleaning supplies If employees use their own cars owners should ask for evidence of sufficient insurance in case of an accident Annual net profit: Business owners who do the work themselves can realize a profit as high as 75 percent to 90 percent of its gross according to the president of the National Association of Cleaning Professionals Primary market groups: Consumer cleaning services typi- cally include such operations as maid services carpet cleaners and window cleaners Commercial groups include janito- See VIDEOPHONE rial services for industrial manufacturing and office buildings wwwcleaningassociationcom ing by Don Aslett & & rl 13 http: Building Service Contractors I 1 John Davis Cleaning Up for a liv- I 1 Mk Mark Browning t AV ? kl - - lit R--- ' k'i 'I 4 t y 4 - 0t i i 4 't - - m- r- k 1 't ' k I - ''k x e ‘ ' ' t' ‘ ' ‘A y n i ' !I i i A A tbs I i' " r - t "ys - ' Iwo S t ' i ' pi F 1 0 i Nominations are being accepted now at ' tt 'owe ''r U 1 cZ ! civic DESEPIPT Morning NeWS i t IA 1 Nominations retelvcd by ITbruary wilt be automatically entered into a drawing for 2 la domestic lithos courtesy of Delta Airlines 2Ist ADelta wwwbestofstateorg Atatrstocityl 1 T tzuerAkY-- hNircy-- v 12o" -- -- DOWNTOWN ANNININVIO4 Enter Now! looking for Utah's best—the individuals businesses and organizations in over 200 categories who deserve to be recognized for excellence and achievement creativity and innovation and contribution to our community I t 44k Best of State is a t f FN CPR i e -- 14 r 11 ') '4l' 1Pt 1 1 't ' - 4S1''''"'" '4 ' -' 1 N! 1- 0: 7' rendering of the videophone booth e'Mlefft rP - t Unita - "- ) ''': k Ne ' Sommers ' i ' A I I ( 01111Mil I 4 5 -- r4t — Glen Warchol yo ' t0 1 Association International for businesses focusing on commercial clients wwwbscalorg How to Sell and Price Contract Cleaning by William Griffin -- - 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ES n Irr Resources: How to Start a Cleaning Service a startup guide at Service Corps of Retired Executives (SCORE) in Salt Lake National Association of Professional Cleaners SSI ITII Tribune oppeagan sInr)!(11: botiftiv7:nta silaylinti)ankset(cipi ) ty anti Ios Angeles Cincinnati and Atlanta Whether it's business or pleasure visit deltacom for great low tares everyday |