1996년 2월 24일 토요일 재생 중

NEIGHBORHOOD REPORT: MANHATTAN UP CLOSE;Daily News Missed by Old Haunts

Date: 25 February 1996

By Anthony Ramirez

Anthony Ramirez

The steel-case letters above the time-and-temperature sign still read "Daily News." But no reporters write about "Mob Bigs" from East 42d Street anymore. And they don't order take-out lunch from the Lantern, or buy flowers from the Alisan Florist, or unwind with a mug at Donahue's Bar and Restaurant, "home of the coldest draft beer in New York City." Last May, The Daily News moved out of its landmark Art Deco skyscraper, taking its last 500 employees two miles across town to a modern skyscraper on 33d Street and Tenth Avenue, facing a windy expanse of auto repair shops and the John D. Caemmerer West Side Storage Yard Complex, where the Long Island Rail Road keeps some of its trains.

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Editorial Notebook: The Fallows Fallacy;A Plan for Turning Reporters Into Lackeys

Date: 25 February 1996

By Howell Raines

Howell Raines

It is always interesting to observe what journalists are reading on the campaign trail. "Primary Colors" is the required light reading, and this year's entry in the self-flagellation category is "Breaking the News: How the Media Undermine American Democracy," by James Fallows. Not since the publication of "Feeding Frenzy" by Larry Sabato in 1991 has there been a book more packed with bad advice for the serious journalist. Let it be stipulated, however, that Mr. Fallows is dead right on a couple of points. The taking of huge corporate lecture fees by reporters is, as Tom Brokaw says, "white collar crime." Mr. Fallows is also right that "The McLaughlin Group" and the other shout-shows have undermined public confidence in all journalists.

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NANA AND THE ANCHORMEN

Date: 25 February 1996

Thank you for Emily Yoffe's "Nana and the Anchormen" (Lives, Feb. 4). Yoffe made her point with wit and truth. However, she should be delighted that her grandmother is so engaged. Someone should show her grandmother how to send E-mail. Then she could communicate with like-minded people who are also watching the news.

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NANA AND THE ANCHORMEN

Date: 25 February 1996

I'd like to second Yoffe's call for a C-chip to block out CNN and C-Span from information overloaders like her grandmother. But why stop there? Some suggestions: a W-chip to block out the Weather Channel (equally addicting, and the cause of far too much concern in my household); an S-chip for ESPN and other sports programs (leaving only those that do not inspire yelling at the screen: figure skating, for instance).

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NEWS SUMMARY

Date: 24 February 1996

International 2-5

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NEWS SUMMARY

Date: 25 February 1996

International 3-14

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WORLD NEWS BRIEFS;A Plea for Peace in Ulster

Date: 24 February 1996

By The New York Times

President Clinton spoke by telephone today with the British and Irish Prime Ministers and urged them to keep seeking peace in Northern Ireland. Mr. Clinton told the two men, John Major and John Bruton, that he would "do anything he could" to help revive the peace effort, which was shattered Feb. 9 by a bombing in London by the Irish Republican Army.

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COMPANY NEWS;COX ENTERPRISES IN DEAL WITH DONNELLY MARKETING

Date: 24 February 1996

AP

Cox Enterprises Inc. said yesterday that it planned to buy two direct-mail companies from Donnelly Marketing Inc. for an undisclosed amount. The companies to be acquired are Carol Wright Sales Inc. and Carol Wright Consumer Promotions Inc., which include Val-Pak Direct Marketing Systems Inc. The Carol Wright companies, based in Stamford, Conn., have more than 1,500 employees. Cox, based in Atlanta, is a big media company with interests in newspapers and cable television.

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COMPANY NEWS;MOBILE TELECOMMUNICATION SHARES SLIDE BY 20%

Date: 24 February 1996

Bloomberg Business News

Bloomberg News

The shares of the Mobile Telecommunication Technologies Corporation fell 20 percent after the paging company posted a wider-than-expected fourth-quarter loss late on Thursday and said its chief financial officer had resigned. Mtel also said it was in default of certain loan covenants and was seeking waivers from its banks. It plans to cut $20 million in expenses this year, including jobs. Those cuts amount to about 7 percent of Mtel's 1995 expenses. The results and Robert Fugate's resignation as chief financial officer surprised Wall Street analysts. They said it appeared that Mtel had not effectively managed the introduction of the nation's first two-way paging service. Mtel's shares were down $3.75, at $14.125, in Nasdaq trading of almost 9.1 million shares.

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COMPANY NEWS;EDMARK STOCK IS HURT BY OUTLOOK ON EARNINGS

Date: 24 February 1996

Reuters

The stock of the Edmark Corporation, a software maker, fell 15 percent yesterday after the company said it expected second-half results to come in below analysts' expectations. The stock lost $6.25, to $33, in Nasdaq trading. The company, based in Redmond, Wash., said on Thursday that its earnings would be hurt by a slowdown in retailer reorders for its multimedia software products. Edmark said it expected to incur an unspecified operating loss in the third quarter ending March 31 on revenues of $5.5 million to $6 million. A survey by I/B/E/S, which tracks Wall Street analysts, said it expected the company to report a profit of 4 cents a share for the quarter.

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