Show 'f ' C - ' A14 —The Herald Journal Logan Utah Monday July 22 2002 - Y'- vr-r- vf ' - ' s U -- f ' v i- r- i Cacho Volloy outlook Forecast for Monday i MbanyNY i s’ j? : ji OEElCZia 7 f "J:i"k ' 6 - ' ' vS' - i It ki I1!! 4 v TUESDAY Partly cloudy wRh Partly cloudy with Nghsnear9Q Lows In the mid 60s 1 r TODAY V Afcuquerque Atlanta Baltimore EXTENDED ' highs near 90 mid-50s In Lows tfw Lo Miami More cloudy wdh ' a of afternoon ‘ r 65 95 73' ' 88 72 78 60 95 '62 9878' el Dayton Denver Flagstaff Qrend Rapids Honolulu ' IndanapoVs ffi : C" cdy cdy 02 m BrighamCHy Layton 81 91 iiCanyoniandi 68 75 01 dr ' 95 '78 cdy 64 72 dr ' 101 77 m 90 83 cdy' Pro Lo Hi CKy dr 74 K p 57 : 0X0 58 aOM-'- ' a 0X2 51 V' 61 j ' 62 000 59 : 0X0 93 64 - 0X0 104 79 0X0 93 67 0X0' 5491 0X0 101 73 0X0 Ogdan Provo Salt Laka City : 91 mb 93 - Pic 67 - dr 59 81 - 57 'dr'-lO- O 79 J‘ cdy 775'VVr-d- r WashingtonAC ‘ 91 Kansas City BLQaorga Thunderstorms sjnad rain across die northern Plains Tboela KeyWast and upper Great Lakes on Sunday and afternoon 106 84 Vamai Las Vegas dr storms developed in much of die Southeast ' Loa Angolas ZlonNP rr dr A cold front stretching from northeastern Minnesota Tha AccuWaathardoem forecast ter noon Monday to western Nebraska kicked off areas of rain and occaftnrfi i 'Tf y sional thunderstorms in northeastern Colorado western ' Nebraska South Dakota southeastern North Dakota Minnesota and northern Wisconsin Around an inch of rain was reported at Pierre and Alexandria Minn As the line of unsettled weather moved toward the east scattered showers formed behind it in eastern Montana and Wyoming Farther east a line of showers and strong thunderstorms moved southeastward across Michigan and into norther? Ohio In the Southeast rain and thunderstorms formed across iwide areas of Florida and also built rapidly over Mississippi Alabama Georgia and South Carolina during the afternoon The National Weather Service issued severe thunderstorm warnings for parts of those states Sunday’s temperatures around the Lower 48 states 'i ranged from morning lows of 36 at Meacham Ore and Stanley Idaho to midday readings of 101 at Las Vegas and Mesquite Nev The highest heat index was 107 at CH ES3 E3 Lake Charles La local tomporataros 97 84 - “ 'dr -- 91-6- 8aaWaV nt dr dr 94 71 63 55 94 72 Tbcson 5cdy Dallaet Worth 94 76 moisture wfll move across Synopsis: Patchy high-levthe western and northern portions of the sim today cdy dr1 i 79 6i - ody cdy Rano Sacrismanto - ‘ Lo i " 6673 ‘‘'cdy? 106 86 PhMadeiphia Phoanix' cdy' PortlandOre : 8682 : Chicago Press 91 Cheyenne 1 ByThe Associated Hi £ 93 76 A4 cdy 90 79ttHcdy 94 78 02 m t 82 72 Baach NawOrtaapo Now Yoik City Pro Oflk ody ' m 87 68 ' 40 percent chance Froni the nows wiro CSy ii' '?& k I ? Memphis Temperatures indicate Sunday's high and overnight low to 8 pm ' Eastern Time ' l T'i v ' 4-H- pr-jV-- to '! f V 1 l HI ' ' y ? j''i Notional tomporoturos' w ACCIlWdathefxrtewcsafardwentcondWontilMyiowrwnptiilurw lM'nT - IMU0MBW4BIIIHWWUIIE' Utah outlook Awe I' ' THElWEATHER CM ' ' T t ( i ' ' 7 ' '22 -- S-- 82 80 53 89 68 90 Logan ML Logan Mandon 88 88 umnnma 83 52 Up abovo Almanac 8un: $Jnriaa: 6:08 8unsa: 8:59 HumidKy: 12 degreee Jupiter today at 11 amu8ta degree from Itw eua At 4 pm the eun traveling along the ecSptic plane enters Cancer The moon paaaea through the same plane at 6:40 pnv at deacendbig node Mercury is aleo behind the sun today Mercury ie 40 percent UVIndax:10 ( Very High) Conditioner Clear VMbWty: lOmilea Moor RA July 24 11 S3 MOT Lawn Watar uee: 5 day between watering water with 1 inch ot cTb aetronomy Orocfcetmell com ® Q tawy te RCM) CacheValle7 forecast 'provided bNational WeathegServicnBUirAbdvelfeattlrelJrovideclbyAstrtf Data' L Math in writing under oadi and for that their most recent reports filed with the commission are both complete and accurate” The commission delicately noted in its order there have been irregularities of late at some large and “seemingly V arkefts bme® foir tough- week - publication-- Conthmed fkom A1 Or deciding to take a $10000 vacation dien decid- ing not to and considering yourself $10000 richer as a ' companies well-regarde- d” result? NEW YORK (AP)— Wall Street’s hemorrhaging may not be over much to die cha- grin of investors who have Watched stock prices plummet for nine straight weeks hi Hi Even after die plunge Friday that took die Dow Jones industrials to their lowest close in nearly four years many analysts said a brief bounce higher on bargain hunting is thebest the market is likely to get — and more losses today were still a strong possibility “There is a total lack of conviction in this market-place so we are going to remain weak and there is considerable risk for more sell- -' ing” said Robert Froehlich chief investment strategist for Deutsche Asset Management “This is about emotion — die lack of confidence around ' accounting issues and corpo-rate governance” r' Indeed investor confidence already battered after two years of losses in the market shows no signs of improve ment Instead analysts say investors have grown more disillusioned by die spate of accounting and corporate edrics scandals at companies ranging from Enron Corp to WorldCom Inc The maiket’s sharp selloffs have brought die major stock gauges to 11 below their post-Se' lows and only increased investors’ sense of helpless- - i !H 390-poi- nt Among die irregularities: America Online executives the shifting of operating did not convert business cards expenses into capital accoun ts ' to cash exactly They did by a variety of companies romething in a similar vein WorldCom had to restate its before federal regulators results by nearly $4 trillion called diem on it after its chief financial officer For several years AOL did that : v y counted the free-trisubscripNo exact parallel exists in ll tion disks it sends Harriet’s world but it is like through the mail as assets ' counting grocery money as if regulators said as ifsome APphotC it were a long-todebt such recipients were already signed New York Stock Exchange Chairman Richard Grasso walks between tnufing floors of the NYSE near the ' as amortgage It makesher up and paying doee of trading on Friday Many analysts said a brief bounce hlgher on bargain hunting it the beet the daily cadi flow look much The disks are also available market ls likely to gel — and more losses today were still a strong possibility ' better S'f free in Irina in department She may want that car loan ' until at lead safer” said Steve Hinkle 30 diere’s not a lot of optimism" stores Youngsters take diem in corporate America a but ' Bristol ‘said marin chemist the has asked Piskorowski a Penn when $EC the handful and put them Bryan incentive for faking who has stopped buying : ket commentator at Prudential roughly 1000 top CEOs to on their walla because they are prime profits is to make stock prices stocks out of concern more Securities “Everi'though die ' certify that their financial shiny Many disks never see go up Executives can get declines are ahead “I donV market is very very oversold ' accurate If die the inside of a computer rich cashing out their diere’s not really a lot of process goes smoothly smne f we’re out here super drink bottomed vet Fruit baskets are compli-menstock options as happened at I drink we’re still in for a long reasons to buy” analysts say that could reasr of Centennial "Enron the second-quartride down” Indeed sure the market Any delays V Bostori-area ' mutual funds lost however that all have the Not might trigger rum j accounting Equity earnings reports computer card manufacturer declines : w come out so fitf this month 114 billion during the wedt devices are illegal Some oe ' Along with inventing sales Wall Street is doing its best J have given investors few reaending July 17 tbe largest illogical just of a nonexistent product outflow this year according to sons to believe an upturn will to persuade investors fo stay Federal Reserve Chairman executives sent fhiit baskets to come' BellServices AMG Data soon Aral a calm— and not cash out dieir anytime friends of chief executive ofp- - Alan Greenspan says people third of those surveyed in a v wether technology company assets In an appearance Suna will continue toget waiped ' cer Emmanuel Pinez and CNN-Um- e weaker-thaSunreleased Intel poll day oqNBC’s “Meet die repruted picture of corporate finances recorded the shipments as $2 l¥ess” New York Stock day indicated recent declines expected results this fast until more companies start H: million in revenue Pinez was 1 Week stock in market have while more' the annbunmhg Exchange Chairmari Richard heating stock options as a sentenced to five years in Grasso said that Monday caused to cuts consider Other dietq compames business expense prison and fined $150 million’ ' retiremenL could be results another difficult day f 2 disappointing m2000 r Doing so means more bad f for die markets fed Counseled p2: A rebound was possible! Caterpillar Siebel news in the ledger j Monday simply because of the Systems and Baxter Interiuh ' investors toreinainpatiaiL ' 'ffi so ‘ In AOL’s case the conqny :ness' out of hand that the Securities tfonaL More eanungs reports nTease don’t do something L magnitude or me maiket’s wuld-bp As aresulh many fine million in a and Exchange Commission is were expecteddiisweek dud emotionally feels good ' i this past week -6- 65 paid $35 without admitting but in the long term will be £ requiring hundreds of compapohits on tfieDow 54 points including American' Eiqxess ' miidakBi” he said “What I L y nies reporting cm their Texas v and Instruments' onthe wrongdoing takifyi!3SSJSdai! ' dfe' iof V' finances to swear diey really andTpointacmthe is course index die have At over tbere know same certime disks and r die die Counting fo Ofoos are selhngandy standard & Poor’s index But ' ' really mean iL been more questions about last 10 years foe market’ with : tain odier advertising expens-e- s thdhng their money to invest-few analysts doubt it would v corporate bookkeeng— this all of die aberrational down v v as assets enabled the It recently began ordering : y " we’ve " time at A(X Time Warner and chief and the executive chief company to report profits for I and over bdieve more bad news are s&ficant DaimlerChryskrMany ana- most of two yearv Otherwise financial officer of the 945 ! gone q 10 - ' ’ the next the the to issue ume “We shown 1 losses would have expeet it traded “Joreearnings S lysts yen compa-cojk largest publicly and go into sotnednng i anile to pressro ttemari coming out and A Poof' niestp “personally certify — jf A al - pell-me- m 1 ts Tech-nologi- es ' ‘ a: - r mid-Augu- st : V er ’ ’ ’ ' n- C pt I ? i i 1 '’SiSlSiSSSSSS yy r : r VV4v t ' i 4ri p 5" 4S ' 'i ' 2! 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