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December 1998, Inland Empire Business Journal

Inland Empire Business Journal

DEPARTMENTS AND COLUMNS

AT DEADLINE .............................................................................................3

EDITORIAL COMMENTARY .................................................................. 6

CLOSE UP: CLIFF CUMMINGS ............................................................. 7

PRO/CON ..................................................................................................... 8

CORPORATE PROFILE: INCO HOMES ............................................... 9

COMPUTERS/SOFTWARE ..................................................................... 10

GE'ITING ORGANIZED .......................................................................... 11

THE EMPLOYERS GROUP ................................................................... 12

LAW ............................................................................................................. 13

CORNER ON THE MARKET ................................................................. I-4

EXPORTING .............................................................................................. IS

PEOPLE, PLACES AND EVENTS ......................................................... 16

LIST: FLEET LEASING AUTO DEALERS .......................................... 27

LIST: BUSINESS BROKERAGE FIRMS .............................................. 38

DESERT BUSINESS JOURNAL ............................................................. 45

RESTAURANT REVIEW .................................................. , ...................... 50

MANAGER'S BOOKSHELF ...................... , ............................................ 53

MANAGING ............................................................................................... 54

MEAD ON WINE ................................... , .................................................. 55

LIST: CHAMBERS OF COMMERCE ......................................... …

Bond Rating Agencies And Stock Analysts: Who Knows What When?, Louis H. Ederington, Jeremy C. Goh

Research Collection Lee Kong Chian School Of Business

Both bond ratings agencies and stock analysts evaluate publicly traded companies and communicate their opinions to investors. Comparing the timelines of each, it is found that Granger causality flows both ways. While most bond downgrades are preceded by declines in actual and forecasting earnings, both actual earnings and forecasts of future earnings tend to fall following downgrades. Although part of this post-downgrade forecast revision can be attributed to negative news regarding actual earnings, most appears to be reaction to the downgrade itself. Little change is found in actual earnings following upgrades. Analysts, however, tend to increase their forecasts of future …

November 1998, Inland Empire Business Journal

Inland Empire Business Journal

DEPARTMENTS AND COLUMNS

AT DEADLINE

EDITORIAL/ COMMENTARY

CLOSE UP: BEN BOLLINGER

PRO/CON

CORPORATE PROFILE: CILURZO WINERY

COMPUTERS/SOFTWARE

GETTING ORGANIZED

DESERT BUSINESS JOURNAL

CORNER ON THE MARKET

EXPORTING

LAW

LIST: COMMERCIAL BUILDING DEVELOPER

PEOPLE, PLACES, AND EVENTS

MANAGING

THE EMPLOYERS GROUP

LIST: FASTEST GROWING COMPANIES IN THE I.E.

MANAGERS BOOKSHELF

LIST: MORTGAGE LENDERS

LIST: COMMERCIAL REAL ESTATE BROKERS IN THE I.E

RESTAURANT REVIEW

MEAD ON WINE

CROWELL, WEEDON STOCK SHEET

CALENDAR

NEWS AND FEATURES

A NEW MAP OF THE IN THE INALND EMPIRE

SURVIVING GLOBAL ECONOMY TOPIC OF CSUSB EVENT

FORBES BRINGS PRESIDENTIAL HOPES TO INLAND EMPIRE

GERALD MCCALL APPOINTED TO …

Members In Government, November 1998, American Institute Of Certified Public Accountants (Aicpa)

Newsletters

No abstract provided.

October 1998, Inland Empire Business Journal

Inland Empire Business Journal

DEPARTMENTS AND COLUMNS AT DEADLINE............................................................................................. 3

EDITORIAL COMMENTARY.................................................................. 6

CLOSE UP: WILLIE DAVIS ..................................................................... 7

CORNOR ON THE MARKET ................................................................... 8 CORPORATE PROFILE: WOLF TECH CORP........................................ 9 COMPUTER SOFTWARE.................................................................... 10

GETTING ORGANIZAED ......................................................................... 12

THE EEMPLOYERS GROUP ................................................................... 13 MANAGING............................................................................................... 14

EXPORTING .............................................................................................. 15

LAW ............................................................................................................. 16

PRO CON ................................................................................................... 17

PEOPLE, PLACE AND EVENTS ......................................................... 18

LIST: INTERNET SERVICE PROVIDERS .......................................... 26

LIST: COPIER, FAX, AND BUSINESS EQUIPMENT RETAILERS........... 32

LIST: LARGEST PAGER VENDORS.................................................. ..41

LIST: COMPUTER RETAILERS ......................................................... ..42

LIST: LONG DISTANCE COMPANIES ................................................ 50

LIST: INTERCONNECT TELECOMMUNICATIONS FIRMS......... 50

RESTAURANT REVIEW ...................... ., ................................................. 58

MEAD ON …

Members In Government, October 1998, American Institute Of Certified Public Accountants (Aicpa)

Newsletters

No abstract provided.

September 1998, Inland Empire Business Journal

Inland Empire Business Journal

DEPARTMENTS AND COLUMNS

AT DEADLINE ............................................................................................. 3

EDITORJAUCOMMENTARY .................................................................. 6

CLOSE UP: CLIFF BLESZINSKI ............................................................ 7

CORNER 0 THE 1'>1ARKET ................................................................... 8

CORPORATE PROFILE: E.S.R.l ............................................................. 9

COMPUTERS/SOFTWARE ..................................................................... 10

THE EMPLOYERS GRO P ................................................................... 13

MANAGING ............................................................................................... l4

EXPORTI G .............................................................................................. l5

LAW ............................................................................................................. l6

PRO/CON ................................................................................................... 17

PEOPLE, PLACES AND EVENTS ......................................................... 18

LIST: TOP HEALTH CARE MEDICAL CLINICS ..................... 25 & 70

UST: BANKS IN THE INLAND EMPIRE ........................................ .30 & 32

LIST: INLAND EMPIRES LARGEST HOTELS ................................. .40

LIST: GOLF COURSES IN THE INLAND EMPIRE ................. 48 & SO

RESTAURANT REVIEW ................................................................ , ........ 58 …

Members In Government, September 1998, American Institute Of Certified Public Accountants (Aicpa)

Newsletters

No abstract provided.

August 1998, Inland Empire Business Journal

Inland Empire Business Journal

ERNST & YOUNG EXECUTIVE TO PASS REINS OF INLAND EMPIRE OFFICE 3

NEWPORT DEVELOPER BUYS 2,500 INLAND EMPIRE LOTS 3

ENHANCING YOUR CAREER WITH THE RIGHT SCHOOL 3

ACKER GEARS UP FOR ONTARIO ELECTION 5

ADWORKS FILLS INLAND EMPIRE VOID 5

STRATEGIES TO INCREASE CUSTOMER LOYALTY 8

THE NEW EMPLOYEE REGISTRY AND BIG BROTHER 13

RIVERSIDE LAW FIRM TAKES SHAPE 16

TELESHARE:: GOING THE BIG GUYS ONE BETTER 18

IT’S TIME FOR ACTION AGAINST HE RAT 20

COAST GRAIN TO EXPAND FEEDING OF AREA ANIMALS 25

HOW TO SURVIVE A REGULATORY INSPECTION 25

ENTREPRENEUR TO ARGUE HIS CASE IN COURT …

July 1998, Inland Empire Business Journal

Inland Empire Business Journal

CALIFORNIA OFFICIALS GET BIG ON SMALL BUSINESS 5

BIG EMERGING MARKETS FOCUS OF U.S. EXPORTERS15

THE ART OF ADVOCACY IN MEDIATION 16 GETTING THE MOST OUT OF TRAINING

TECHNOLOGY 18

INLAND EMPIRE BENEFITING FROM LATEST NAFTA-DRIVEN EXPANSION 23

LOCAL COMPANY BOOMS IN MEXICO NO THANKS TO NAFTA 23

SAVETEL OFFERS CHEAP CALLING TO MEXICO 24

WHERE ARE ALL THE WORKERS? 26

WILL THERE BE A WORLD SHORTAGE OF

PYROTECHNICIANS AT THE START OF 2000? 39

GOODWILL INDUSTRIES INTRODUCES COMPUTER RECYCLING PROGRAM 49

FOLLOWING THE SUCCESS OF BOOKS AND MORE FOR DUMMIES 55

A Cross-Sectional Analysis Of The Determinants Of Corporate Share Repurchases, Kenneth M. Washer

Doctoral Dissertations

The objective of this study is to determine which motives play a significant role in determining the extent of a firm's repurchasing activity. For firms repurchasing through the open market, the motives include taking advantage of perceived undervaluation, increasing financial leverage, distributing cash to shareholders, and reducing agency costs. For firms using a tender offer, the motives include taking advantage of perceived undervaluation and having the ability to significantly increase financial leverage. Also, the hypothesis that the perceived undervaluation motive is stronger for smaller firms is tested. Three censored regression models are employed, and each model's explanatory variables represent commonly …

Pfp Pointer, No. 98-2, June 1998; Compensation And Disclosure Issues In Personal Financial Planning, American Institute Of Certified Public Accountants. Personal Financial Planning Membership Section

Newsletters

No abstract provided.

June 1998, Inland Empire Business Journal

Inland Empire Business Journal

ARE ELECTRICITY RATE REDUCTIONS COSTING CONSUMERS? 3

SBA HONORS LOCAL BUSINESSES 3

DIAMOND GIANT LINKS

WITH ONTARIO FIRM 3

ERNST & YOUNG ANNOUNCES FINALISTS FOR THE OSCAR OF BUSINESS 5

INTERNET USE UP TO 45 MILLION PCS 5

CLEARING THE SMOKE AROUND HMOS 24

RENEGADE DOCTORS PUT PATIENTS FIRST 26

SAN BERNARDINO DENTIST NO FAN OF MANAGED CARE 28

CANCER VACCINE SPARKS IMMUNE RESPONSE 29

HEALTH CARE PROPERTY BUYS PRUDENTIAL CLINICS 33

SMOKING SUITS MOUNT IN CALIFORNIA 35

BLUE SHIELD APPOINTS SENIOR VP 37

DOWNEY SAVINGS: WE DO WHAT WE KNOW 50

FALLBROOK BANK LENDS TO HIGH FLYERS 54

May 1998, Inland Empire Business Journal

Inland Empire Business Journal

TRAINEES SUE ENTERPRISE FOR OVERTIME PAY 3

IS THE INTERNET HURTING HIGHER EDUCATION'? 3

A 12-STEP PROGRAM FOR BUSINESS? 3

WORKING WITH LOVED ONES 11

MERCUR\ UNLEASHES 1999 C'OUGAR 22

DOCTOR ANSWERS QUESTIONS ABOUT BREAST CANCER 25

BOOSTING EMPLOYEE MORALE 30

1998 CAMRY 33

MAJOR RENOVATION OF WOMEN AND CHILDREN'S CENTER 40

HLPING COMPANIES GROW GLOBAL 45

RIVERSIDE COUNTY TESTS CLAIM BEST CHOICE FOR BUSINESS 47

LAX PASSENGERS ADVISED 48

WOMEN ATTORNEYS CHOOSE ALTERNATIVE WORK SCHEDULES 49

A WHOLE LOT OF BANK FOR YOUR BUCK 54

AGUA CALIENTE BAND 62

Members In Government, May 1998, American Institute Of Certified Public Accountants (Aicpa)

Newsletters

No abstract provided.

April 1998, Inland Empire Business Journal

Inland Empire Business Journal

RIVERSIDE GETS LEGAL BOOST 3

WOMEN TELL WHY THEY SIART BUSINESSES 3

LEGISLATORS FORM INTERNET CAUCUS 3

SAN BERNARDINO COUNTY QUITS 3

PROVIDING YOUR COMPUTER SKILLS 15

TAKING STOCK IN DIRECfOR COMPENSATION 17

BUSINESS BANK OF CALIFORNIA APPOINTS CEO 18

PACER ACQUIRES COOK BATES 18

HARVEY MUDD CAMERA WILL ENABLE STUDY OF STELLAR BIRTHS 19

CATALINA CRUISES: WHERE THE FUN BEGINS 20

PROFESSIONALS CHOOSE EMPIRE LAKES 21

BERGEN EXTENDS ALLIANCE WITH TENET HEALTHCARE 22

BEAUTY, TRANQUILITY AND AN OUTSTANDING GAME OF GOLF 23

SANWA OFFERS INVESTMENT MANAGEMENT FOR THE MASSES' 41

ULTRA SHIELD REPORTS EXPLOSIVE GAIN IN REVENUES 43

STUDY …

Members In Government, April 1998, American Institute Of Certified Public Accountants (Aicpa)

Newsletters

No abstract provided.

March 1998, Inland Empire Business Journal

Inland Empire Business Journal

HEALTHY INLAND EMPIRE ECONOMY 3

LOMA LINDA CHAPLAIN HELPS OTHERS 3

XEROX PAYS EMPLOYEES TO DO COMMUNITY SERVICE 3

CALIFORNIA ALLOCATES $123 MILLION 5

S.C. JOHNSON & SON OPENS 16

TEMECULA MALL RAKING IN TENANTS 16

KEYSTONE ACQUIRES FLORIDA HUBCAP COMPANY 17

KEYSTONE ACQUIRES REPUBLIC AUTOMOTIVE 18

WHEN HEALTH CARE COVERAGE IS DENIED 19

HMOs BRING BENEFITS TO HEALTH CARE INDUSTRY 21

HEALTH CARE LEGISLATION 23

TENET MAKES STAFF CHANGES 24

MTBE: A CHEMICAL IN CALIFORNIA 34

NO SALES TAX FOR FUEL EFFICIENT CARS 35

BANKING MADE FAST, EASY AND IMPERSONAL 38

GETTING IT WHILE YOU WORK 43

Auctioning Securities, Peter Cramton, Lawrence M. Ausubel

Peter Cramton

Treasury debt and other divisible securities are traditionally sold in either a pay-your-bid (discriminatory) auction or a uniform-price auction. We compare these auction formats with a Vickrey auction and also with two ascending-bid auctions. The Vickrey auction and the alternative ascending-bid auction (Ausubel 1996) have important theoretical advantages for sellers. In a setting without private information, these auctions achieve the maximal revenue as a unique equilibrium in dominant strategies. In contrast, the pay-your-bid, uniform-price, and standard ascending-bid auction admit a multiplicity of equilibria that yield low revenues for the seller. We show how these results extend to a setting where …

February 1998, Inland Empire Business Journal

Inland Empire Business Journal

DEPARTMENTSANDCOLUMNS

AT DEADUNE. ........................................................................................... .3

EDITORIAL ................................................................................................. 6

REAL ESTATE ............................................................................................. 7

CLOSE UP: GENE LEWIS......................................................................... 8

CORPORATE PROFILE: CITIZENS BUSINESS BANK ..................... 9

PEOPLE, PLACES AND EVENTS 10

MANAGING ...............................................................................................11

THE EMPLOYERS GROUP ................................................................... 13

CORNER ON THE MARKET..................................................................... 14

EXPORTJNG .............................................................................................. l5

LAW ............................................................................................................. l6

COMPUTERS/SOFTWARE.....................................................................17

LIST: TOP COMMERCIAL/INDUSTRIAL CONTRACTORS .......... 28

LIST: RESIDENTIAL REAL ESTATE BUILDERS .................................... 42

LIST: ARCHITECTURAL ENGINEERING FIRJI.1S ............................ 44

MONTH IN REVIEW ............................................................................... 47

EXECUTIVE TIME OUT ......................................................................... 50

RESTAURANT REVIEW ......................................................................... 58

MEAD ON WINE...................................................................................... 59

CALENDAR............................................................................................... 65

NEWS AND FEATURES

LOAN PROGRAM: REAL OR HYPE? ............................................. .3

PLAYING THE WATER …

Members In Government, February/March 1998, American Institute Of Certified Public Accountants (Aicpa)

Newsletters

No abstract provided.

Auctions And Takeovers, Peter Cramton

Peter Cramton

Under Delaware law (the predominant corporate law in the US), when a potential acquirer makes a serious bid for a target, the target's board of directors is required to act as would "auctioneers charged with getting the best price for the stock-holders at a sale of the company." (Revlon v. MacAndrews & Forbes, 173). The target's board may not use defensive tactics that destroy the auction process and must attempt to seek higher bids. Similarly, the Williams Act requires takeover bids to remain open for at least 20 business days on the grounds that the delay facilitates auctions. This preference …

Aicpa Professional Standards: Statement On Responsibilities In Personal Financial Planning Practice As Of June 1, 1998, American Institute Of Certified Public Accountants. Personal Financial Planning Executive Committee

AICPA Professional Standards

No abstract provided.

Audits Of States, Local Governments, And Not-For-Profit Organizations Receiving Federal Awards; Statement Of Position 98-3;, American Institute Of Certified Public Accountants. Single Audit Working Group

Exposure Drafts, Comment Letters, and Statements of Position

No abstract provided.

Members In Government, January 1998, American Institute Of Certified Public Accountants (Aicpa)

Newsletters

No abstract provided.

January 1998, Inland Empire Business Journal

Inland Empire Business Journal

At deadline

Wells fargo targets hispanic-owned business

ONT eateries will offer street prices

High desert property owners

Editorial

Pro-cons: Mega Truck stop in fontana

Close up: Greg Williams

Corporate Profiles: Monierlifetile

Managing

The employer group

Computers.software

World wide web

Corner on the market

Exporting

Law: sexual harassment

People, Places and events

List: Community colleges

I.E medical mergers

List: Contractor’s hit list

Proposed solutions to social security crisis

Workers’ comp director in hot seat

Month in review

Life’s a beach for stark

Local businesses receive assistance

Sanwa bank holds seminar

Basics of exporting

Restaurant review

Mead on wine

Dispelling the myth …

Compensation And Disclosure Issues In Personal Financial Planning: White Paper, American Institute Of Certified Public Accountant. Personal Financial Planning Executive Committee

Association Sections, Divisions, Boards, Teams

No abstract provided.

Pfp Practice Handbook, 1998/1999, American Institute Of Certified Public Accountants. Personal Financial Planning Division

Guides, Handbooks and Manuals

No abstract provided.

Audits Of State And Local Governmental Units With Conforming Changes As Of May 1, 1999; Audit And Accounting Guide:, American Institute Of Certified Public Accountants. Government Accounting And Auditing Committee

Industry Guides (AAGs), Risk Alerts, and Checklists

No abstract provided.

Auditing Recipients Of Federal Awards : Practical Guidance For Applying Omb Circular A-133, Audits Of States, Local Governments, And Non-Profit Organizations : Practice Aids;, Joseph F. Moraglio, Venita M. Wood

Guides, Handbooks and Manuals

No abstract provided.