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Show The Enterprise Review , November 10, 1976 Page 6b Firms Battle Bell System Continued from page lb ones being listed in Utah, he adds. e The (or pricing structure is being opposed by the smaller telephone companies because, Brown says, it has been found to be illegal in Colorado and other states. But, within Mountain Bells territory, it has been approved by utility commissions in seven out of eight of the intermountain states, Colorado being the exception. There was no competition from smaller companies in those states, Brown contends. Tela-Leas- two-tiere- d) Would have Opposed Request He says he would have opposed Mountain Bells request to apply two-tipricing to the Com Key system in April had he received notification of the hearing where it was considered. But, Brown said, he did not receive a letter telling him of the The same thing happened in hearing. Arizona, he said. There, the competition did not receive notification of Mountain d Bells plans to apply pricing to Com either. the Key system, d pricing allows customers to pay off the high cost of installing expensive telephone equipment within a certain period (between 3 and 10 years) and pay smaller monthly maintenance and operating costs thereafter. For example, a customer with a 410 telephone system could pay $104.45 a month under the conventional d (or payment plan. Under the could customer same the pay leasing) plan, $104.38 a month for three years, then pay only $41.98 a month thereafter. We have been offering this same kind of payment plan for years, Brown says, but under our plan the customer is purchasing the equipment, not just leasing 3-li- two-tiere- it. er two-tiere- Two-tiere- Drive Out Competition Paul McGinn of Business Telephone Systems says Mountain Bells proposals are just a way to drive competition out of the telephone industry. The Bell System with its billion dollars of profit can afford to underprice equipment, he says, but there is no way I, with my $350,000 annual sales, can do it. of trust on i minimum of 12 secured homes, unimproved lands and commercial Utah properties. Earn processed and Investigated by United Mortgage and protected by title insurance. Our record is perfect-o- ur investors have never lost a cent In over 23 years of doing business. For further information, no obligation of course, please call or write to: 486-587- 1 UNITED MORTGAGE COMPANY 2900 So. State, Suite 100 Salt Lake City, Utah 84115 V J Continued from page 5b fight it as did Garn and Moss. Thats not to say that they are going to be against clean air. Moss and Gam weren't fighting clean air, either. They were against sloppy legislation that set one standard for the whole country. There are too many variables to be considered and what is good for one part of the nation might be harmful to another part, specifically Utah. REVIEW: What were Moss and Gams strongest objections to that bill? COOKE: Their objection was a single standard for ATTIC TIFFANYS THEATRE RESTAURANT I HAVENT MISSED A SHOW YET. NRTAINMENT SPOTS. hr IT'arren Kvtvimm , Vi.f). Vi'io, l.ti linin in rich (Irvvr said last week, the market generally rises after the Since November 2, however, the Dow Jones elections. Industrial Average has fallen 23 points. This past weeks decline indicates that a sharp sustained rally is not yet likely. However, history strongly supports a rising market after the Presidential Election. And I believe that history will repeat itself again, even if it takes a few weeks for the trend to establish itself. With the market declining, option premiums are at Value-Lin- e historic lows. strongly recommends buying options. Another option strategy that is coming into vogue is called ratio hedging. This is a technique that involves buying one option and selling two or more options of a higher exercise price. Ratios are selected so that more money is received from the options sold than for the options bought. Here is an example: BUY 2 POLAROID APRIL 40 AT equals $450 SELL 5 POLAROID APRIL 45 AT 1516 equals $468.75 For Polaroid (currently 35-1anywhere between 0 and 45, a profit is made. Maximum profit occurs if Polaroid is at 45 when the options expire. Like 1 214 2) Does Bemo Victory Spell Business Boom? INVESTORS EARN 12 ON YOUR MONEY All Investments thoroughly News Option Market U ITS ONE OV SALT LAKE'S FINEST AND MOST UNIQUE Amos Bag Icy, Vice President. Zion's First National Bank TREMENDOUS FOOD AND GREAT ENTERTAINMENT. WHAT COULD BE BETTER FOR PROMOTING GOODWILL WITH SALES AND OFFICE PERSONNEL" Frank Granato. President. Granato and Company SEASON TICKETS ALLOW ME TO TAKE A NEW CLIENT EACH TIME. I WAS ABLE TO GET TO KNOW THE CLIENT BETTER IN A COMFORTABLE AND UNIQUE ENVIRONMENT. VERY ENJOYABLE EVENING." ' Tom Smith. Ryder Truck Rental TIFFANYS ATTIC, AN ELEGANT WAY TO ENTERTAIN. FOR SUCCESSFUL AND ENJOYABLE BUSINESS ENCOUNTERS GET A SEASON DISCOUNT FOR YOUR BUSINESS. SELECT PREFERRED TABLES AND SHOW NIGHTS FOR AS MUCH AS 20 OFF. FOR DETAILS CALL SHERRI FERAGEN AT 533-888- all 50 states. Moss amendment to that bill was aimed at studying the bill for a year or two to determine the economic impact of such a In this state, for bill. instance, it would limit energy development. REVIEW: What are Governor-elec- t Mathesons views on energy? COOKE: Naturally, he's all for energy development and I think he will take up where Rampton left off. One thing Matheson will have to do is come up with concrete energy program so that our new delegation in Washington can tie into that plan. Some time ago, Governor Rampton appointed a special Blue Ribbon Task Force to study the states I suspect energy needs. Matheson will employ the services of that committee. The committee will dedde the course of energy development and energy policies. I dont think well see much change in state energy planning. Energy has always been important to business in Utah and it will be even more important in the future, because there is so much energy to be derived from this state if business can only reach a happy medium with government. REVIEW: What can the business community do now to help cope with its newly elected government? COOKE: Things havent changed that much. Congress hasnt changed that much. The business people need to get their idea across. Often misrepre a-ve- sented, business has painted a very bad image for itself. A lot of people have held to the idea that labor and business are opposing each other. That's not true and that interpretation should be changed. OSHA is a prime example of that. Both business and labor are opposed to OSHA and I think something will be done to curtail that OSHA is federal bureau. case in point where a government bureau didnt have the foresight to make a good idea practical. Business could do a lot better job of policing itself if business people would get involved more in politics. REVIEW: Is there a trend toward that type of involvement? COOKE: I think so. Business people realize that there cant be a separation of business and politics. They both affect each other. Business people are often against regulations set forth by government. But, on the other hand, they say, Well, you cant take away that regulation because it protects my business. Thats hypocrisy. REVIEW: But what can business do to better itself and promote a better relationship with government? COOKE: Business has to got clean up its own act. If business could better regulate itself there would be less regulation required by government. That will come about in time, and that might be the only course business can take to avoid over regulation by government bureaus. |