( S ( SBAR-ADV ( IN While ) ( S ( NP-SBJ ( PRP he ) ) ( VP ( VBD packed ) ( NP ( DT the ) ( NNP Senate ) ( NN gallery ) ) ( PP-CLR ( IN with ) ( NP ( PRP$ his ) ( NNS supporters ) ) ) ( PP-TMP ( IN during ) ( NP ( NP ( DT some ) ) ( PP ( IN of ) ( NP ( DT the ) ( NN impeachment ) ( NN trial ) ) ) ) ) ) ) ) ( NP-SBJ ( JJS most ) ( JJ civil ) ( NNS rights ) ( NNS groups ) ) ( VP ( VBD kept ) ( NP ( PRP$ their ) ( NN distance ) ) ( PP-CLR ( IN from ) ( NP ( PRP$ his ) ( NN case ) ) ) ) )

While he packed the Senate gallery with his supporters during some of the impeachment trial most civil rights groups kept their distance from his case


( S ( PP-TMP ( VBG Following ) ( NP ( DT the ) ( NN impeachment ) ( NN conviction ) ) ) ( NP-SBJ-1 ( NP ( NNP Dr. ) ( NNP Benjamin ) ( NNP Hooks ) ) ( NP ( NP ( JJ executive ) ) ( NN director ) ( PP ( IN of ) ( NP ( NP ( DT the ) ( NNP National ) ( NNP Association ) ) ( PP ( IN for ) ( NP ( NP ( DT the ) ( NNP Advancement ) ) ( PP ( IN of ) ( NP ( NNP Colored ) ( NNP People ) ) ) ) ) ) ) ) ) ( VP ( VBD issued ) ( NP ( DT a ) ( JJ restrained ) ( NN statement ) ) ( S-ADV ( VP ( VP ( VBG warning ) ( SBAR ( IN that ) ( S ( NP-SBJ ( DT the ) ( NNP Hastings ) ( NN case ) ) ( VP ( MD could ) ( VP ( VB set ) ( NP ( DT a ) ( JJ dangerous ) ( NN precedent ) ) ) ) ) ) ) ( CC but ) ( VP ( VBG adding ) ( S ( NP-SBJ ( PRP We ) ) ( VP ( MD must ) ( VP ( VB respect ) ( NP ( NP ( DT the ) ( JJ considered ) ( NN judgment ) ) ( PP ( IN of ) ( NP ( DT the ) ( NNP Senate ) ) ) ) ) ) ) ) ) ) ) )

Following the impeachment conviction Dr. Benjamin Hooks executive director of the National Association for the Advancement of Colored People issued a restrained statement warning that the Hastings case could set a dangerous precedent but adding We must respect the considered judgment of the Senate


( S ( NP-SBJ ( NP ( NNP Rhone-Poulenc ) ( NNP S.A. ) ) ( NP-LOC ( NNP Paris ) ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( PRP it ) ) ( VP ( VBD completed ) ( NP ( NP ( DT the ) ( NN purchase ) ) ( PP ( IN of ) ( NP ( NP ( DT the ) ( NN specialty ) ( NNS chemicals ) ( NN operation ) ) ( PP ( IN of ) ( NP ( NP ( NNP RTZ ) ( NNP Corp. ) ) ( NP ( DT a ) ( JJ British ) ( UCP ( NN mining ) ( CC and ) ( JJ industrial ) ) ( NN group ) ) ) ) ) ) ) ) ) ) ) )

Rhone-Poulenc S.A. Paris said it completed the purchase of the specialty chemicals operation of RTZ Corp. a British mining and industrial group


( S ( NP-SBJ ( NP ( NNP Rhone-Poulenc ) ) ( NP ( DT a ) ( NN chemical ) ( CC and ) ( JJ pharmaceutical ) ( NN company ) ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( NNP RTZ ) ( NNP Chemicals ) ) ( VP ( VBZ has ) ( NP ( NP ( JJ annual ) ( NNS sales ) ) ( PP ( IN of ) ( NP ( QP ( RB about ) ( CD 900 ) ( CD million ) ) ) ) ) ) ) ) ) )

Rhone-Poulenc a chemical and pharmaceutical company said RTZ Chemicals has annual sales of about 900 million


( S ( NP-SBJ ( PRP It ) ) ( VP ( VBD did ) ( RB n't ) ( VP ( VB release ) ( NP ( NP ( NNS terms ) ) ( PP ( IN of ) ( NP ( DT the ) ( NN transaction ) ) ) ) ) ) )

It did n't release terms of the transaction


( S ( NP-SBJ-1 ( NP ( DT A ) ( NN group ) ) ( PP ( IN of ) ( NP ( NNS shareholders ) ) ) ) ( VP ( VBD filed ) ( NP ( NN suit ) ) ( PP-CLR ( IN against ) ( NP ( NP ( NP ( NNP Imperial ) ( NNP Corp. ) ) ( PP ( IN of ) ( NP ( NNP America ) ) ) ) ( NP ( NNP Drexel ) ( NNP Burnham ) ( NNP Lambert ) ( NNP Inc. ) ) ( NP ( NNP First ) ( NNP Executive ) ( NNP Corp. ) ) ( CC and ) ( NP ( NNS others ) ) ) ) ( S-ADV ( VP ( VBG charging ) ( NP-2 ( PRP them ) ) ( PP-CLR ( IN with ) ( S-NOM ( ADVP-MNR ( RB artificially ) ) ( VP ( VBG inflating ) ( NP ( NP ( NNP Imperial ) ( POS 's ) ) ( NN stock ) ( NN price ) ) ( S-PRP ( VP ( TO to ) ( VP ( VB protect ) ( NP ( JJ certain ) ( JJ major ) ( NNS investors ) ) ) ) ) ) ) ) ) ) ) )

A group of shareholders filed suit against Imperial Corp. of America Drexel Burnham Lambert Inc. First Executive Corp. and others charging them with artificially inflating Imperial 's stock price to protect certain major investors


( S ( NP-SBJ ( NP ( DT The ) ( NN complaint ) ) ( VP ( VBN filed ) ( PP-LOC ( IN in ) ( NP ( JJ federal ) ( NN district ) ( NN court ) ) ) ) ) ( VP ( VBZ accuses ) ( NP-1 ( NP ( NNP Imperial ) ) ( CC and ) ( NP ( JJ other ) ( NNS defendants ) ) ) ( PP-CLR ( IN of ) ( S-NOM ( VP ( VBG issuing ) ( NP ( ADJP ( JJ false ) ( CC and ) ( JJ misleading ) ) ( JJ financial ) ( NNS data ) ) ) ) ) ) )

The complaint filed in federal district court accuses Imperial and other defendants of issuing false and misleading financial data


( S ( NP-SBJ ( PRP It ) ) ( ADVP ( RB also ) ) ( VP ( VBZ charges ) ( SBAR ( IN that ) ( S ( NP-SBJ ( NP ( NNP Imperial ) ) ( NP ( NP ( DT the ) ( NN holding ) ( NN company ) ) ( PP ( IN for ) ( NP ( NNP Imperial ) ( NNP Savings ) ( CC & ) ( NNP Loan ) ) ) ) ) ( VP ( VBD experienced ) ( NP ( JJ major ) ( NNS losses ) ( CC and ) ( NNS writedowns ) ) ( PP-PRP ( IN because ) ( IN of ) ( NP ( NP ( JJ improper ) ( NN assessment ) ) ( PP ( IN of ) ( NP ( NP ( DT the ) ( NNS risks ) ) ( PP ( IN of ) ( NP ( NP ( NN junk-bond ) ( NNS investments ) ) ( CC and ) ( NP ( JJ wholesale ) ( NN consumer ) ( NN loan ) ( NNS packages ) ) ) ) ) ) ) ) ) ) ) ) )

It also charges that Imperial the holding company for Imperial Savings & Loan experienced major losses and writedowns because of improper assessment of the risks of junk-bond investments and wholesale consumer loan packages


( S ( NP-SBJ ( DT The ) ( NN suit ) ) ( VP ( VBZ seeks ) ( NP ( JJ unspecified ) ( NNS damages ) ) ) )

The suit seeks unspecified damages


( S ( NP-SBJ-1 ( NNP Imperial ) ) ( VP ( VBZ is ) ( PP-PRD ( IN in ) ( NP ( NP ( DT the ) ( NN midst ) ) ( PP ( IN of ) ( S-NOM ( VP ( VP ( VBG reducing ) ( NP ( PRP$ its ) ( NN junk-bond ) ( NNS holdings ) ) ) ( CC and ) ( VP ( VBG getting ) ( PP-CLR ( IN out ) ( PP ( IN of ) ( NP ( DT the ) ( NN investment ) ( NN banking ) ( NN business ) ) ) ) ( SBAR ( IN in ) ( NN order ) ( S ( VP ( TO to ) ( VP ( VB return ) ( PP-DIR ( TO to ) ( NP ( JJ traditional ) ( NN thrift ) ( NNS activities ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

Imperial is in the midst of reducing its junk-bond holdings and getting out of the investment banking business in order to return to traditional thrift activities


( S ( NP-SBJ ( DT The ) ( JJ derivative ) ( NN suit ) ) ( VP ( VBZ is ) ( ADJP-PRD ( JJ similar ) ( PP ( TO to ) ( NP ( NP ( DT a ) ( JJ class-action ) ( NN complaint ) ) ( VP ( VBN filed ) ( NP-TMP ( RBR earlier ) ( DT this ) ( NN year ) ) ) ) ) ) ) )

The derivative suit is similar to a class-action complaint filed earlier this year


( S ( NP-SBJ ( NNP Imperial ) ) ( VP ( VBD said ) ( PP-LOC ( IN in ) ( NP ( DT a ) ( NN statement ) ) ) ( SBAR ( S ( NP-SBJ ( PRP it ) ) ( VP ( VBZ expects ) ( S ( NP-SBJ-3 ( JJ other ) ( NNS complaints ) ) ( VP ( TO to ) ( VP ( VB be ) ( VP ( VBN filed ) ( PP ( IN in ) ( NP ( NP ( DT the ) ( NN wake ) ) ( PP ( IN of ) ( NP ( NP ( DT the ) ( JJ original ) ( NN suit ) ) ( CC and ) ( NP ( NP ( DT a ) ( JJ recent ) ( NN article ) ) ( PP-LOC ( IN in ) ( NP ( NP ( NNP Barron ) ( POS 's ) ) ( NN magazine ) ) ) ( SBAR ( WHNP-2 ( WDT that ) ) ( S ( VP ( VBD focused ) ( PP-CLR ( IN on ) ( NP ( NP ( DT the ) ( NN company ) ( POS 's ) ) ( NNS problems ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

Imperial said in a statement it expects other complaints to be filed in the wake of the original suit and a recent article in Barron 's magazine that focused on the company 's problems


( S ( SBAR-ADV ( IN Although ) ( S ( NP-SBJ ( DT an ) ( JJ Imperial ) ( NN spokesman ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ-1 ( DT the ) ( NN company ) ) ( VP ( VBD had ) ( RB n't ) ( ADVP ( RB yet ) ) ( VP ( VBN been ) ( VP ( VBN served ) ( PP-CLR ( IN with ) ( NP ( DT the ) ( NN derivative ) ( NN suit ) ) ) ) ) ) ) ) ) ) ) ( NP-SBJ ( PRP he ) ) ( VP ( VBD reiterated ) ( NP ( NP ( DT the ) ( NN company ) ( POS 's ) ) ( NN statement ) ( SBAR ( IN that ) ( S ( NP-SBJ ( PRP it ) ) ( VP ( MD would ) ( ADVP-MNR ( RB vigorously ) ) ( VP ( VB defend ) ( NP ( PRP itself ) ) ( PP-CLR ( IN against ) ( NP ( DT the ) ( JJ class-action ) ( NN suit ) ) ) ) ) ) ) ) ) )

Although an Imperial spokesman said the company had n't yet been served with the derivative suit he reiterated the company 's statement that it would vigorously defend itself against the class-action suit


( S ( NP-SBJ ( NP ( NNS Spokesmen ) ) ( PP-LOC ( IN at ) ( NP ( NP ( NNP Drexel ) ) ( CC and ) ( NP ( NNP First ) ( NNP Executive ) ) ) ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ-1 ( DT the ) ( NNS companies ) ) ( VP ( VBD had ) ( RB n't ) ( ADVP ( RB yet ) ) ( VP ( VBN been ) ( VP ( VBN served ) ( PP-CLR ( IN with ) ( NP ( DT the ) ( NN suit ) ) ) ) ) ) ) ) ) )

Spokesmen at Drexel and First Executive said the companies had n't yet been served with the suit


( S ( PP-LOC ( IN In ) ( NP ( NP ( DT a ) ( JJ separate ) ( NN complaint ) ) ( VP ( ADVP ( RB also ) ) ( VBN filed ) ( PP-LOC ( IN in ) ( NP ( NP ( JJ federal ) ( NN court ) ) ( ADVP-LOC ( RB here ) ) ) ) ) ) ) ( NP-SBJ ( NP ( NN shareholder ) ( NNP Max ) ( NNP Grill ) ) ( PP ( IN of ) ( NP ( NNP New ) ( NNP York ) ) ) ) ( VP ( VBD charged ) ( NP-1 ( NP ( NNP Imperial ) ) ( NP ( PRP$ its ) ( NX ( NX ( JJ top ) ( NNS executives ) ) ( CC and ) ( NX ( NNS directors ) ) ) ) ) ( PP-CLR ( IN with ) ( NP ( NP ( NP ( NN breach ) ) ( PP ( IN of ) ( NP ( JJ fiduciary ) ( NN duty ) ) ) ) ( CC and ) ( S-NOM ( VP ( VBG squandering ) ( NP ( NP ( DT the ) ( NN company ) ( POS 's ) ) ( NNS assets ) ) ) ) ) ) ) )

In a separate complaint also filed in federal court here shareholder Max Grill of New York charged Imperial its top executives and directors with breach of fiduciary duty and squandering the company 's assets


( S ( NP-SBJ ( NNP Imperial ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ-1 ( PRP it ) ) ( VP ( VBD had ) ( RB n't ) ( VP ( VBN been ) ( VP ( VBN served ) ( PP-CLR ( IN with ) ( NP ( DT this ) ( NN suit ) ) ) ( ADVP ( RB either ) ) ) ) ) ) ) ) )

Imperial said it had n't been served with this suit either


( S ( NP-SBJ ( NP ( NNP Varian ) ( NNP Associates ) ( NNP Inc. ) ) ( NP-LOC ( NP ( NNP Palo ) ( NNP Alto ) ) ( NP ( NNP Calif. ) ) ) ) ( VP ( VBD reported ) ( SBAR ( S ( NP-SBJ ( ADJP ( JJ fiscal ) ( JJ fourth-quarter ) ) ( NN profit ) ) ( VP ( VBD plunged ) ( NP-EXT ( QP ( RBR more ) ( IN than ) ( CD 95 ) ) ( NN % ) ) ( PP-DIR ( TO to ) ( NP ( NP ( QP ( CD 1 ) ( CD million ) ) ) ( CC or ) ( NP ( NP ( CD five ) ( NNS cents ) ) ( NP-ADV ( DT a ) ( NN share ) ) ) ) ) ( PP-DIR ( IN from ) ( NP ( NP ( QP ( CD 24.2 ) ( CD million ) ) ) ( CC or ) ( NP ( NP ( CD 1.10 ) ) ( NP-ADV ( DT a ) ( NN share ) ) ) ) ( PP-TMP ( IN in ) ( NP ( DT the ) ( JJ year-earlier ) ( NN quarter ) ) ) ) ) ) ) ) )

Varian Associates Inc. Palo Alto Calif. reported fiscal fourth-quarter profit plunged more than 95 % to 1 million or five cents a share from 24.2 million or 1.10 a share in the year-earlier quarter


( S ( NP-SBJ ( DT The ) ( JJ diversified ) ( NN electronics ) ( NN company ) ) ( VP ( VBD blamed ) ( NP ( NP ( DT the ) ( NN decline ) ) ( PP-TMP ( IN in ) ( NP ( NP ( DT the ) ( NN quarter ) ) ( VP ( VBN ended ) ( NP-TMP-CLR ( NNP Sept. ) ( CD 29 ) ) ) ) ) ) ( PP-CLR ( IN on ) ( NP ( NP ( RB previously ) ( VBN reported ) ( NN operating ) ( NNS problems ) ) ( PP-LOC ( IN in ) ( NP ( PRP$ its ) ( NNP Electron ) ( NNP Devices ) ( CC & ) ( NNP Systems ) ( NNP Group ) ) ) ) ) ) )

The diversified electronics company blamed the decline in the quarter ended Sept. 29 on previously reported operating problems in its Electron Devices & Systems Group


( S ( PP ( IN For ) ( NP ( DT the ) ( JJ full ) ( JJ fiscal ) ( NN year ) ) ) ( NP-SBJ ( NNP Varian ) ) ( VP ( VBD posted ) ( NP ( NP ( DT a ) ( ADJP ( CD 13 ) ( NN % ) ) ( NN profit ) ( NN rise ) ) ( PP ( TO to ) ( NP ( NP ( QP ( CD 31.5 ) ( CD million ) ) ) ( CC or ) ( NP ( NP ( CD 1.53 ) ) ( NP-ADV ( DT a ) ( NN share ) ) ) ) ) ( ADVP ( RB up ) ( PP ( IN from ) ( NP ( NP ( QP ( CD 27.8 ) ( CD million ) ) ) ( CC or ) ( NP ( NP ( CD 1.27 ) ) ( NP-ADV ( DT a ) ( NN share ) ) ) ) ( NP-TMP ( JJ last ) ( NN year ) ) ) ) ) ) )

For the full fiscal year Varian posted a 13 % profit rise to 31.5 million or 1.53 a share up from 27.8 million or 1.27 a share last year


( S ( NP-SBJ ( NP ( NNS Sales ) ) ( PP ( IN for ) ( NP ( DT the ) ( NN year ) ) ) ) ( VP ( VBD rose ) ( NP-EXT ( QP ( RB almost ) ( CD 15 ) ) ( NN % ) ) ( PP-DIR ( TO to ) ( NP ( QP ( CD 1.34 ) ( CD billion ) ) ) ) ( PP-DIR ( IN from ) ( NP ( QP ( CD 1.17 ) ( CD billion ) ) ) ( NP-TMP ( JJ last ) ( NN year ) ) ) ) )

Sales for the year rose almost 15 % to 1.34 billion from 1.17 billion last year


( S ( NP-SBJ ( DT A ) ( NN profit ) ) ( NP-TMP ( JJ last ) ( NN year ) ) ( PP-TMP ( IN in ) ( NP ( CC both ) ( DT the ) ( NN quarter ) ( CC and ) ( NN year ) ) ) ( VP ( VBD included ) ( NP ( NP ( DT a ) ( JJ net ) ( NN gain ) ) ( PP ( IN of ) ( NP ( NP ( QP ( CD 9.6 ) ( CD million ) ) ) ( CC or ) ( NP ( NP ( CD 44 ) ( NNS cents ) ) ( NP-ADV ( DT a ) ( NN share ) ) ) ) ) ( PP ( IN from ) ( NP ( NP ( DT the ) ( NN sale ) ) ( PP ( IN of ) ( NP ( DT a ) ( NN division ) ) ) ) ) ) ) )

A profit last year in both the quarter and year included a net gain of 9.6 million or 44 cents a share from the sale of a division


( S ( ADVP ( RB Additionally ) ) ( NP-SBJ ( DT the ) ( JJ full-year ) ( NN profit ) ) ( NP-TMP ( JJ last ) ( NN year ) ) ( VP ( VBD reflected ) ( NP ( NP ( DT an ) ( JJ after-tax ) ( NN restructuring ) ( NN charge ) ) ( PP ( IN of ) ( NP ( NP ( QP ( CD 22.8 ) ( CD million ) ) ) ( CC or ) ( NP ( NP ( CD 1.04 ) ) ( NP-ADV ( DT a ) ( NN share ) ) ) ) ) ) ) )

Additionally the full-year profit last year reflected an after-tax restructuring charge of 22.8 million or 1.04 a share


( S ( NP-SBJ ( NP ( NNP Shares ) ) ( PP ( IN of ) ( NP ( NP ( NNP Varian ) ) ( SBAR ( WHNP-1 ( WDT which ) ) ( S ( NP-TMP ( JJ last ) ( NN month ) ) ( VP ( VBD warned ) ( SBAR ( S ( NP-SBJ ( EX there ) ) ( VP ( MD would ) ( VP ( VB be ) ( NP-PRD ( DT a ) ( JJ fourth-quarter ) ( NN plunge ) ) ) ) ) ) ) ) ) ) ) ) ( VP ( VBD closed ) ( PP-LOC ( IN at ) ( NP ( CD 22.75 ) ) ) ( ADVP ( RB down ) ( NP ( CD 62.5 ) ( NNS cents ) ) ) ( PP-LOC ( IN in ) ( NP ( NP ( JJ composite ) ( NN trading ) ) ( PP-LOC ( IN on ) ( NP ( DT the ) ( NNP New ) ( NNP York ) ( NNP Stock ) ( NNP Exchange ) ) ) ) ) ) )

Shares of Varian which last month warned there would be a fourth-quarter plunge closed at 22.75 down 62.5 cents in composite trading on the New York Stock Exchange


( S ( NP-SBJ ( NNS Sales ) ) ( VP ( VBD rose ) ( NP-EXT ( CD 18 ) ( NN % ) ) ( PP-TMP ( IN in ) ( NP ( DT the ) ( JJ fiscal ) ( JJ fourth ) ( NN quarter ) ) ) ( PP-DIR ( TO to ) ( NP ( QP ( CD 364.1 ) ( CD million ) ) ) ) ( PP-DIR ( IN from ) ( NP ( QP ( CD 307.9 ) ( CD million ) ) ) ) ( PP ( IN on ) ( NP ( NP ( DT the ) ( NN strength ) ) ( PP-LOC ( IN in ) ( NP ( NP ( NNS semiconductors ) ) ( CC and ) ( NP ( JJ other ) ( NNS products ) ) ) ) ) ) ) )

Sales rose 18 % in the fiscal fourth quarter to 364.1 million from 307.9 million on the strength in semiconductors and other products


( S ( NP-SBJ ( NNP Westamerica ) ( NNP Bancorp. ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( NNP Richard ) ( NNP W. ) ( NNP Decker ) ) ( VP ( VBD resigned ) ( PP-CLR ( IN as ) ( NP ( NP ( NN president ) ) ( CC and ) ( NP ( JJ chief ) ( JJ executive ) ( NN officer ) ) ) ) ( PP-TMP ( IN after ) ( NP ( NP ( RB only ) ( DT a ) ( NN year ) ) ( PP-LOC ( IN on ) ( NP ( DT the ) ( NN job ) ) ) ) ) ( PP-TMP ( IN because ) ( IN of ) ( NP ( NP ( NNS differences ) ) ( PP ( IN with ) ( NP ( DT the ) ( NN board ) ) ) ) ) ) ) ) ) )

Westamerica Bancorp. said Richard W. Decker resigned as president and chief executive officer after only a year on the job because of differences with the board


( S ( NP-SBJ-1 ( DT The ) ( NN banking ) ( NN company ) ) ( VP ( MD could ) ( RB n't ) ( VP ( VB be ) ( VP ( VBN reached ) ( S-PRP ( VP ( TO to ) ( VP ( VB comment ) ( PP ( IN beyond ) ( NP ( DT a ) ( JJ written ) ( NN announcement ) ) ) ) ) ) ) ) ) )

The banking company could n't be reached to comment beyond a written announcement


( S ( NP-SBJ-1 ( PRP It ) ) ( VP ( VBD did ) ( RB n't ) ( VP ( VB specify ) ( NP ( NP ( DT the ) ( NN nature ) ) ( PP ( IN of ) ( NP ( DT the ) ( NNS differences ) ) ) ) ( S-ADV ( VP ( VBG saying ) ( ADVP ( RB only ) ) ( SBAR ( IN that ) ( S ( NP-SBJ ( PRP they ) ) ( VP ( VBD related ) ( PP-CLR ( TO to ) ( NP ( NP ( NN management ) ( NN style ) ) ( CC and ) ( NP ( JJ strategic ) ( NNS objectives ) ) ) ) ) ) ) ) ) ) ) )

It did n't specify the nature of the differences saying only that they related to management style and strategic objectives


( S ( NP-SBJ ( NNP Westamerica ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ-1 ( NP ( NNP Mr. ) ( NNP Decker ) ( POS 's ) ) ( NNS posts ) ) ( VP ( VBD were ) ( VP ( VBN assumed ) ( PP ( IN by ) ( NP-LGS ( NP ( NNP David ) ( NNP Payne ) ) ( NP ( NP ( NNP Westamerica ) ( POS 's ) ) ( NN chairman ) ) ( SBAR ( WHNP-2 ( WP who ) ) ( S ( PP-TMP ( IN at ) ( NP ( NP ( CD 34 ) ( NNS years ) ) ( PP ( IN of ) ( NP ( NN age ) ) ) ) ) ( VP ( VBZ becomes ) ( NP-PRD ( NP ( NN one ) ) ( PP ( IN of ) ( NP ( NP ( DT the ) ( JJS youngest ) ( JJ chief ) ( NNS executives ) ) ( PP ( IN of ) ( NP ( DT a ) ( JJ sizable ) ( NN bank ) ) ) ( PP-LOC ( IN in ) ( NP ( DT the ) ( NN country ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

Westamerica said Mr. Decker 's posts were assumed by David Payne Westamerica 's chairman who at 34 years of age becomes one of the youngest chief executives of a sizable bank in the country


( S ( NP-SBJ ( NNP Mr. ) ( NNP Decker ) ) ( VP ( VBZ is ) ( ADJP-PRD ( NP ( QP ( RB about ) ( CD 45 ) ) ( NNS years ) ) ( JJ old ) ) ) )

Mr. Decker is about 45 years old


( S ( NP-SBJ-1 ( CC Neither ) ( NP ( NNP Mr. ) ( NNP Payne ) ) ( CC nor ) ( NP ( NNP Mr. ) ( NNP Decker ) ) ) ( VP ( MD could ) ( VP ( VB be ) ( VP ( VBN reached ) ( S-PRP ( VP ( TO to ) ( VP ( VB comment ) ) ) ) ) ) ) )

Neither Mr. Payne nor Mr. Decker could be reached to comment


( S ( NP-SBJ ( NN Westamerica ) ) ( VP ( VP ( VBZ has ) ( NP ( NP ( QP ( RB about ) ( CD 1.3 ) ( CD billion ) ) ) ( PP ( IN of ) ( NP ( NNS assets ) ) ) ) ) ( CC and ) ( VP ( VBZ is ) ( NP-PRD ( NP ( DT the ) ( JJS largest ) ( JJ independent ) ( NN bank ) ) ( PP-LOC ( IN in ) ( NP ( JJ northern ) ( NNP California ) ) ) ) ) ) )

Westamerica has about 1.3 billion of assets and is the largest independent bank in northern California


( S ( NP-SBJ ( PRP It ) ) ( VP ( VBZ controls ) ( NP ( NP ( QP ( RB about ) ( CD 35 ) ) ( NN % ) ) ( PP ( IN of ) ( NP ( NP ( DT the ) ( JJ affluent ) ( NNP Marin ) ( NNP County ) ( NN market ) ) ( PP-LOC ( IN across ) ( NP ( DT the ) ( NNP Golden ) ( NNP Gate ) ( NN bridge ) ) ( PP ( IN from ) ( NP ( NNP San ) ( NNP Francisco ) ) ) ) ) ) ) ) )

It controls about 35 % of the affluent Marin County market across the Golden Gate bridge from San Francisco


( S ( NP-SBJ ( NP ( NNP Mr. ) ( NNP Decker ) ( POS 's ) ) ( NN resignation ) ) ( VP ( VBD surprised ) ( NP ( JJ many ) ( NN industry ) ( NNS officials ) ) ) )

Mr. Decker 's resignation surprised many industry officials


( S ( NP-SBJ-1 ( PRP He ) ) ( VP ( VBD was ) ( VP ( VBN brought ) ( PP-DIR ( TO to ) ( NP ( DT the ) ( NN company ) ) ) ( PP-TMP ( IN in ) ( NP ( NNP September ) ( CD 1988 ) ) ) ( PP-TMP ( IN after ) ( NP ( NP ( CD 15 ) ( NNS years ) ) ( PP-LOC ( IN at ) ( NP ( ADJP ( NNP Los ) ( JJ Angeles-based ) ) ( NNP First ) ( NNP Interstate ) ( NNP Bancorp ) ) ) ) ) ) ) )

He was brought to the company in September 1988 after 15 years at Los Angeles-based First Interstate Bancorp


( S ( NP-SBJ ( DT The ) ( NN bank ) ) ( VP ( VBD had ) ( VP ( VBN been ) ( VP ( VBG suffering ) ( PP-TMP ( IN in ) ( NP ( JJ late ) ( CD 1987 ) ) ) ( PP-CLR ( IN from ) ( NP ( NP ( DT a ) ( NN slew ) ) ( PP ( IN of ) ( NP ( NP ( JJ bad ) ( JJ real ) ( NN estate ) ( NNS loans ) ) ( VP ( VBN made ) ( PP-LOC ( IN in ) ( NP ( NNP Arizona ) ) ) ) ) ) ) ) ) ) ) )

The bank had been suffering in late 1987 from a slew of bad real estate loans made in Arizona


( S ( SBAR-TMP ( WHADVP-2 ( WRB When ) ) ( S ( NP-SBJ-1 ( PRP he ) ) ( VP ( VBD was ) ( VP ( VBN hired ) ) ) ) ) ( NP-SBJ ( NNP Mr. ) ( NNP Payne ) ) ( VP ( VBD lauded ) ( NP ( NP ( NP ( NNP Mr. ) ( NNP Decker ) ( POS 's ) ) ( JJ extraordinary ) ( NNS skills ) ) ( CC and ) ( NP ( NP ( PRP$ his ) ( JJ outstanding ) ( NN reputation ) ) ( PP ( IN as ) ( NP ( NP ( CD one ) ) ( PP ( IN of ) ( NP ( NP ( DT the ) ( NNP West ) ( POS 's ) ) ( JJS brightest ) ( NNS bankers ) ) ) ) ) ) ) ) )

When he was hired Mr. Payne lauded Mr. Decker 's extraordinary skills and his outstanding reputation as one of the West 's brightest bankers


( S ( SBAR-ADV ( IN Though ) ( S ( NP-SBJ ( DT the ) ( NN bank ) ) ( VP ( VBZ is ) ( RB n't ) ( VP ( VBG performing ) ( ADVP-MNR ( RB as ) ( RB well ) ( PP ( IN as ) ( NP ( NP ( DT some ) ) ( PP ( IN of ) ( NP ( NP ( PRP$ its ) ( NNS competitors ) ) ( PP-LOC ( IN in ) ( NP ( DT the ) ( JJ lucrative ) ( NNP California ) ( NN market ) ) ) ) ) ) ) ) ) ) ) ) ( NP-SBJ ( PRP$ its ) ( NN condition ) ) ( VP ( VBZ has ) ( VP ( VBN improved ) ( SBAR-TMP ( IN since ) ( S ( NP-SBJ ( NNP Mr. ) ( NNP Decker ) ) ( VP ( VBD took ) ( PRT ( RP over ) ) ) ) ) ) ) )

Though the bank is n't performing as well as some of its competitors in the lucrative California market its condition has improved since Mr. Decker took over


( S ( PP-TMP ( IN For ) ( NP ( NP ( DT the ) ( CD six ) ( NNS months ) ) ( VP ( VBD ended ) ( NP-TMP-CLR ( NNP June ) ( CD 30 ) ) ) ) ) ( NP-SBJ ( PRP it ) ) ( VP ( VBD earned ) ( NP ( NP ( QP ( CD 3.1 ) ( CD million ) ) ) ( CC or ) ( NP ( NP ( CD 61 ) ( NNS cents ) ) ( NP-ADV ( DT a ) ( NN share ) ) ) ( PP ( VBN compared ) ( PP ( IN with ) ( NP ( NP ( JJ net ) ( NN income ) ) ( PP ( IN of ) ( NP ( NP ( QP ( CD 2.4 ) ( CD million ) ) ) ( CC or ) ( NP ( NP ( CD 41 ) ( NNS cents ) ) ( NP-ADV ( DT a ) ( NN share ) ) ) ) ) ( ADVP-TMP ( NP ( DT a ) ( NN year ) ) ( RBR earlier ) ) ) ) ) ) ) )

For the six months ended June 30 it earned 3.1 million or 61 cents a share compared with net income of 2.4 million or 41 cents a share a year earlier


( S ( NP-SBJ ( PRP$ Its ) ( NN stock ) ) ( ADVP ( RB also ) ) ( VP ( VBZ has ) ( VP ( VBN risen ) ( ADVP-TMP ( RB lately ) ) ( SBAR-PRP ( ADVP ( ADVP ( IN at ) ( JJS least ) ) ( RB partly ) ) ( IN because ) ( S ( NP-SBJ-1 ( PRP it ) ) ( VP ( VBZ is ) ( VP ( VBN considered ) ( S ( NP-PRD ( DT a ) ( JJ possible ) ( NN takeover ) ( NN candidate ) ) ) ) ) ) ) ) ) )

Its stock also has risen lately at least partly because it is considered a possible takeover candidate


( S ( S ( NP-SBJ-1 ( JJ Interstate ) ( NN banking ) ) ( VP ( VBZ is ) ( VP ( VBN scheduled ) ( S ( VP ( TO to ) ( VP ( VB begin ) ( PP-LOC ( IN in ) ( NP ( NNP California ) ) ) ( PP-TMP ( IN in ) ( NP ( CD 1991 ) ) ) ) ) ) ) ) ) ( CC and ) ( S ( NP-SBJ-2 ( NP ( JJR larger ) ( NNP California ) ( NNS banks ) ) ( PP ( JJ such ) ( IN as ) ( NP ( NNP Wells ) ( NNP Fargo ) ( CC & ) ( NNP Co. ) ) ) ) ( VP ( VBP have ) ( VP ( VBN been ) ( VP ( VBG paying ) ( NP ( JJ fat ) ( NNS premiums ) ) ( S-PRP ( VP ( TO to ) ( VP ( VB buy ) ( NP ( JJR smaller ) ( NNS banks ) ) ( S-PRP ( VP ( TO to ) ( VP ( VB control ) ( NP ( NNS markets ) ) ( SBAR-TMP ( IN before ) ( S ( NP-SBJ ( DT any ) ( JJ out-of-state ) ( NNS banks ) ) ( VP ( VBP enter ) ( NP ( DT the ) ( NN fray ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

Interstate banking is scheduled to begin in California in 1991 and larger California banks such as Wells Fargo & Co. have been paying fat premiums to buy smaller banks to control markets before any out-of-state banks enter the fray


( S ( PP-LOC ( IN In ) ( NP ( NNP American ) ( NNP Stock ) ( NNP Exchange ) ( JJ composite ) ( NN trading ) ) ) ( NP-TMP ( NN yesterday ) ) ( NP-SBJ ( NNP Westamerica ) ) ( VP ( VBD closed ) ( PP-LOC ( IN at ) ( NP ( NP ( CD 22.25 ) ) ( NP-ADV ( DT a ) ( NN share ) ) ) ) ( ADVP ( RB down ) ( NP ( CD 75 ) ( NNS cents ) ) ) ) )

In American Stock Exchange composite trading yesterday Westamerica closed at 22.25 a share down 75 cents


( S ( NP-SBJ-1 ( NP ( NNP UAL ) ( NNP Corp. ) ( POS 's ) ) ( NN board ) ) ( VP ( VBD quashed ) ( NP ( NP ( DT any ) ( NNS prospects ) ) ( PP ( IN for ) ( NP ( NP ( DT an ) ( JJ immediate ) ( NN revival ) ) ( PP ( IN of ) ( NP ( DT a ) ( JJ labor-management ) ( JJ buy-out ) ) ) ) ) ) ( S-ADV ( VP ( VBG saying ) ( SBAR ( S ( NP-SBJ ( NP ( NNP United ) ( NNP Airlines ) ( POS ' ) ) ( NN parent ) ) ( VP ( MD should ) ( VP ( VB remain ) ( ADJP-PRD ( JJ independent ) ) ( PP-TMP ( IN for ) ( NP ( RB now ) ) ) ) ) ) ) ) ) ) )

UAL Corp. 's board quashed any prospects for an immediate revival of a labor-management buy-out saying United Airlines ' parent should remain independent for now


( S ( PP ( IN As ) ( NP ( DT a ) ( NN result ) ) ) ( NP-SBJ-1 ( NP ( NP ( NNP UAL ) ( POS 's ) ) ( NN chairman ) ) ( NP ( NNP Stephen ) ( NNP M. ) ( NNP Wolf ) ) ) ( VP ( VBD pulled ) ( PP-CLR ( IN out ) ( PP ( IN of ) ( NP ( DT the ) ( NN buy-out ) ( NN effort ) ) ) ) ( S-PRP ( VP ( TO to ) ( VP ( VB focus ) ( PP-CLR ( IN on ) ( S-NOM ( VP ( VBG running ) ( NP ( DT the ) ( NN company ) ) ) ) ) ) ) ) ) )

As a result UAL 's chairman Stephen M. Wolf pulled out of the buy-out effort to focus on running the company


( S ( NP-SBJ ( DT The ) ( CD two ) ( NNS developments ) ) ( VP ( VP ( VBD put ) ( NP ( DT the ) ( NN acquisition ) ( NN attempt ) ) ( ADVP-PUT ( RB back ) ( PP ( TO to ) ( NP ( NN square ) ( CD one ) ) ) ) ) ( CC and ) ( VP ( VBZ leaves ) ( NP ( DT the ) ( NN airline ) ) ( PP-CLR ( IN with ) ( NP ( NP ( DT an ) ( NN array ) ) ( PP ( IN of ) ( NP ( JJ unresolved ) ( NNS matters ) ) ) ( PP ( VBG including ) ( NP ( NP ( DT an ) ( JJ unsettled ) ( NN labor ) ( NN situation ) ) ( CC and ) ( NP ( NP ( DT a ) ( NN management ) ) ( VP ( VBG scrambling ) ( S-CLR ( VP ( TO to ) ( VP ( VB restore ) ( NP ( PRP$ its ) ( JJ damaged ) ( NN credibility ) ) ) ) ) ) ) ) ) ) ) ) ) )

The two developments put the acquisition attempt back to square one and leaves the airline with an array of unresolved matters including an unsettled labor situation and a management scrambling to restore its damaged credibility


( S ( NP-SBJ-1 ( DT The ) ( NN effort ) ( S ( VP ( TO to ) ( VP ( VB create ) ( NP ( NP ( DT the ) ( NN nation ) ( POS 's ) ) ( JJS largest ) ( JJ employee-owned ) ( NN company ) ) ) ) ) ) ( VP ( VBD began ) ( S ( VP ( VBG unraveling ) ) ) ( NP-TMP ( NNP Oct. ) ( CD 13 ) ) ( SBAR-TMP ( WHADVP-2 ( WRB when ) ) ( S ( NP-SBJ-3 ( DT the ) ( JJ labor-management ) ( NN group ) ) ( VP ( VBD was ) ( ADJP-PRD ( JJ unable ) ( S ( VP ( TO to ) ( VP ( VB obtain ) ( NP ( NP ( NN financing ) ) ( PP ( IN for ) ( NP ( PRP$ its ) ( ADJP ( JJ 300-a-share ) ) ( ADJP ( QP ( CD 6.79 ) ( CD billion ) ) ) ( NN offer ) ) ) ) ) ) ) ) ) ) ) ) )

The effort to create the nation 's largest employee-owned company began unraveling Oct. 13 when the labor-management group was unable to obtain financing for its 300-a-share 6.79 billion offer


( S ( NP-TMP ( RB Just ) ( JJ last ) ( NN week ) ) ( NP-SBJ ( PRP it ) ) ( VP ( VBD suffered ) ( NP ( DT another ) ( JJ major ) ( NN setback ) ) ( SBAR-TMP ( WHADVP-1 ( WRB when ) ) ( S ( NP-SBJ ( NP ( NNP British ) ( NNP Airways ) ( NNP PLC ) ) ( NP ( NP ( DT the ) ( JJS largest ) ( NN equity ) ( NN investor ) ) ( PP-LOC ( IN in ) ( NP ( DT the ) ( JJ labor-management ) ( NN bid ) ) ) ) ) ( VP ( VBD withdrew ) ( NP ( PRP$ its ) ( NN support ) ) ) ) ) ) )

Just last week it suffered another major setback when British Airways PLC the largest equity investor in the labor-management bid withdrew its support


( S ( NP-SBJ-1 ( NN Takeover ) ( NN stock ) ( NNS traders ) ) ( S-ADV ( VP ( VBG focusing ) ( PP-CLR ( IN on ) ( NP ( NP ( DT the ) ( NN company ) ( POS 's ) ) ( NN intention ) ( S ( VP ( TO to ) ( VP ( VB stay ) ( ADJP-PRD ( JJ independent ) ) ) ) ) ) ) ) ) ( VP ( VBD took ) ( NP ( DT the ) ( NN announcement ) ) ( PP-CLR ( IN as ) ( NP ( JJ bad ) ( NN news ) ) ) ) )

Takeover stock traders focusing on the company 's intention to stay independent took the announcement as bad news


( S ( NP-SBJ ( NP ( NNP UAL ) ) ( SBAR ( WHNP-1 ( WDT which ) ) ( S ( VP ( VBD had ) ( VP ( VBN risen ) ( NP-EXT ( CD 9.875 ) ) ( PP-DIR ( TO to ) ( NP ( CD 178.375 ) ) ) ( PP-LOC ( IN in ) ( NP ( NP ( JJ composite ) ( NN trading ) ) ( PP-LOC ( IN on ) ( NP ( DT the ) ( NNP New ) ( NNP York ) ( NNP Stock ) ( NNP Exchange ) ) ) ) ) ( PP ( IN on ) ( NP ( NP ( NNS reports ) ) ( PP ( IN of ) ( S-NOM ( NP-SBJ-2 ( DT a ) ( JJ new ) ( NN bid ) ) ( VP ( NN being ) ( VP ( VBN prepared ) ( PP ( IN by ) ( NP-LGS ( DT the ) ( NN group ) ) ) ) ) ) ) ) ) ) ) ) ) ) ( VP ( VP ( VBD reversed ) ( NP ( NN course ) ) ) ( CC and ) ( VP ( VBD plummeted ) ( PP-LOC ( IN in ) ( NP ( JJ off-exchange ) ( NN trading ) ) ) ( PP-TMP ( IN after ) ( NP ( DT the ) ( CD 5:09 ) ( RB p.m. ) ( NNP EDT ) ( NN announcement ) ) ) ) ) )

UAL which had risen 9.875 to 178.375 in composite trading on the New York Stock Exchange on reports of a new bid being prepared by the group reversed course and plummeted in off-exchange trading after the 5:09 p.m. EDT announcement


( SINV ( PP-LOC-PRD-TPC-3 ( IN Among ) ( NP ( NP ( DT the ) ( JJ first ) ( NNS trades ) ) ( VP ( VBN reported ) ( PP ( IN by ) ( NP-LGS ( NP ( DT the ) ( NNS securities ) ( NN firm ) ) ( PP ( IN of ) ( NP ( NNP Jefferies ) ( CC & ) ( NNP Co. ) ) ) ( SBAR ( WHNP-2 ( WDT which ) ) ( S ( VP ( VBZ makes ) ( NP ( NP ( DT a ) ( NN market ) ) ( PP ( IN in ) ( NP ( NNP UAL ) ) ) ) ( SBAR-TMP ( IN after ) ( S ( NP-SBJ-1 ( DT the ) ( NN exchange ) ) ( VP ( VBZ is ) ( VP ( VBN closed ) ) ) ) ) ) ) ) ) ) ) ) ) ( VP ( VBD were ) ) ( NP-SBJ ( NP ( NP ( CD 10,000 ) ( NNS shares ) ) ( PP-LOC ( IN at ) ( NP ( CD 170 ) ) ) ) ( NP ( NP ( CD 6,000 ) ( NNS shares ) ) ( PP-LOC ( IN at ) ( NP ( CD 162 ) ) ) ) ( NP ( NP ( CD 2,500 ) ) ( PP-LOC ( IN at ) ( NP ( CD 162 ) ) ) ) ( CC and ) ( NP ( NP ( CD 10,000 ) ) ( PP-LOC ( IN at ) ( NP ( CD 158 ) ) ) ) ) )

Among the first trades reported by the securities firm of Jefferies & Co. which makes a market in UAL after the exchange is closed were 10,000 shares at 170 6,000 shares at 162 2,500 at 162 and 10,000 at 158


( S ( NP-SBJ ( NP ( DT The ) ( NN rebound ) ) ( PP-LOC ( IN in ) ( NP ( NNP UAL ) ( NN stock ) ) ) ( PP-TMP ( IN during ) ( NP ( NP ( JJ regular ) ( NN trading ) ( NNS hours ) ) ( NP ( NNP Monday ) ) ) ) ) ( VP ( VBD was ) ( NP-PRD ( NP ( PRP$ its ) ( RB first ) ( JJ daily ) ( NN gain ) ) ( SBAR-TMP ( IN after ) ( S ( NP-SBJ ( CD six ) ( JJ consecutive ) ( NNS losses ) ) ( VP ( VBD left ) ( NP ( DT the ) ( NN price ) ) ( PP-LOC ( NP-EXT ( CD 41 ) ( NN % ) ) ( IN below ) ( NP ( NP ( PRP$ its ) ( NN level ) ) ( PP-TMP ( IN before ) ( NP ( NP ( NNP Oct. ) ( CD 13 ) ) ( NP ( NP ( DT the ) ( NN day ) ) ( SBAR ( S ( NP-SBJ ( DT the ) ( NN group ) ) ( VP ( VBD announced ) ( SBAR ( S ( NP-SBJ-1 ( DT the ) ( NN bank ) ( NN financing ) ) ( VP ( MD could ) ( RB n't ) ( VP ( VB be ) ( VP ( VBN obtained ) ( PP-CLR ( IN for ) ( NP ( DT the ) ( JJ original ) ( NN deal ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

The rebound in UAL stock during regular trading hours Monday was its first daily gain after six consecutive losses left the price 41 % below its level before Oct. 13 the day the group announced the bank financing could n't be obtained for the original deal


( S ( NP-SBJ-1 ( NP ( CD Twelve ) ) ( PP ( IN of ) ( NP ( NP ( NNP UAL ) ( POS 's ) ) ( JJ outside ) ( NNS directors ) ) ) ) ( VP ( VBD met ) ( PP-LOC ( IN at ) ( NP ( DT a ) ( JJ five-hour ) ( NN meeting ) ) ) ( NP-TMP ( NN yesterday ) ) ( PP-LOC ( IN in ) ( NP ( NNP Chicago ) ) ) ( S-PRP ( VP ( TO to ) ( VP ( VB consider ) ( NP ( NP ( DT an ) ( JJ informal ) ( NN proposal ) ) ( PP ( IN from ) ( NP ( DT the ) ( NN buy-out ) ( NN group ) ) ) ( PP ( IN for ) ( NP ( DT a ) ( JJ revised ) ( NN bid ) ) ) ) ) ) ) ) )

Twelve of UAL 's outside directors met at a five-hour meeting yesterday in Chicago to consider an informal proposal from the buy-out group for a revised bid


( S ( CC But ) ( NP-SBJ ( DT the ) ( NN board ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( PRP it ) ) ( VP ( VBD was ) ( RB n't ) ( ADJP-PRD ( JJ interested ) ) ( PP-TMP ( IN for ) ( NP ( RB now ) ) ) ) ) ) ) )

But the board said it was n't interested for now


( S ( NP-SBJ-1 ( NP ( DT That ) ( NN proposal ) ) ( VP ( VBN valued ) ( PP-CLR ( IN at ) ( NP ( NP ( QP ( IN between ) ( CD 225 ) ( CC and ) ( CD 240 ) ) ) ( NP-ADV ( DT a ) ( NN share ) ) ) ) ) ) ( VP ( MD would ) ( VP ( VB have ) ( VP ( VBN transferred ) ( NP ( NN majority ) ( NN ownership ) ) ( PP-CLR ( TO to ) ( NP ( NNS employees ) ) ) ( SBAR-ADV ( IN while ) ( S ( VP ( VBG leaving ) ( NP ( DT some ) ( NN stock ) ) ( PP-LOC-CLR ( IN in ) ( NP ( JJ public ) ( NNS hands ) ) ) ) ) ) ) ) ) )

That proposal valued at between 225 and 240 a share would have transferred majority ownership to employees while leaving some stock in public hands


( S ( NP-SBJ ( DT The ) ( NN buy-out ) ( NN group ) ) ( VP ( VBD had ) ( NP ( NP ( DT no ) ( JJ firm ) ( NN financing ) ) ( PP ( IN for ) ( NP ( DT the ) ( NN plan ) ) ) ) ) )

The buy-out group had no firm financing for the plan


( S ( CC And ) ( PP ( IN with ) ( NP ( NP ( DT no ) ( JJ other ) ( NNS offers ) ) ( PP ( IN on ) ( NP ( DT the ) ( NN table ) ) ) ) ) ( NP-SBJ ( DT the ) ( NN board ) ) ( ADVP ( RB apparently ) ) ( VP ( VBD felt ) ( NP-PRD ( DT no ) ( NN pressure ) ( S ( VP ( TO to ) ( VP ( VB act ) ( PP-CLR ( IN on ) ( NP ( PRP it ) ) ) ) ) ) ) ) )

And with no other offers on the table the board apparently felt no pressure to act on it


( S ( NP-SBJ-3 ( DT The ) ( NNS directors ) ) ( VP ( VBD signaled ) ( ADVP ( RB however ) ) ( SBAR ( IN that ) ( S ( NP-SBJ-1 ( PRP they ) ) ( VP ( MD would ) ( VP ( VB be ) ( ADJP-PRD ( JJ willing ) ( S ( VP ( TO to ) ( VP ( VP ( VB consider ) ( NP ( JJ future ) ( NNS offers ) ) ) ( CC or ) ( VP ( VB take ) ( NP ( DT some ) ( JJ other ) ( NN action ) ) ) ( S-PRP ( VP ( TO to ) ( VP ( VB maximize ) ( NP ( NN shareholder ) ( NN value ) ) ) ) ) ) ) ) ) ) ) ) ) ( S-ADV ( VP ( VBG saying ) ( SBAR ( S ( NP-SBJ-4 ( PRP they ) ) ( VP ( MD would ) ( VP ( VB continue ) ( S ( VP ( TO to ) ( VP ( VB explore ) ( NP ( DT all ) ( ADJP ( JJ strategic ) ( CC and ) ( JJ financial ) ) ( NNS alternatives ) ) ) ) ) ) ) ) ) ) ) ) )

The directors signaled however that they would be willing to consider future offers or take some other action to maximize shareholder value saying they would continue to explore all strategic and financial alternatives


( S ( CC But ) ( NP-SBJ ( NP ( PRP it ) ) ) ( VP ( VBD was ) ( ADJP-PRD ( JJ clear ) ) ( SBAR-1 ( IN that ) ( S ( PP-TMP ( IN for ) ( NP ( DT the ) ( NN time ) ( JJ being ) ) ) ( NP-SBJ ( DT the ) ( NN board ) ) ( VP ( VBZ wants ) ( S ( NP-SBJ ( DT the ) ( NN company ) ) ( VP ( TO to ) ( VP ( VB return ) ( PP-DIR ( TO to ) ( NP ( NN normalcy ) ) ) ) ) ) ) ) ) ) )

But it was clear that for the time being the board wants the company to return to normalcy


( S ( NP-SBJ ( DT The ) ( NN board ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( PRP it ) ) ( VP ( VBD concluded ) ( SBAR ( IN that ) ( S ( NP-SBJ-1 ( NP ( DT the ) ( NN welfare ) ) ( PP ( IN of ) ( NP ( NP ( DT the ) ( NN company ) ) ( NP ( PRP$ its ) ( NNS shareholders ) ) ( NP ( PRP$ its ) ( NNS employees ) ) ( CC and ) ( NP ( DT the ) ( JJR broader ) ( NN public ) ) ) ) ) ( VP ( MD can ) ( ADVP ( RB best ) ) ( VP ( VB be ) ( VP ( VBN enhanced ) ( PP ( IN by ) ( NP-LGS ( NP ( JJ continued ) ( NN development ) ) ( PP ( IN of ) ( NP ( NNP UAL ) ) ) ( PP ( IN as ) ( NP ( DT a ) ( JJ strong ) ( JJ viable ) ( JJ independent ) ( NN company ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

The board said it concluded that the welfare of the company its shareholders its employees and the broader public can best be enhanced by continued development of UAL as a strong viable independent company


( S ( NP-SBJ ( NNP Mr. ) ( NNP Wolf ) ) ( VP ( VBD urged ) ( NP-1 ( DT all ) ( NNS employees ) ) ( S ( VP ( TO to ) ( ADVP-TMP ( RB now ) ) ( VP ( VB turn ) ( NP ( PRP$ their ) ( JJ full ) ( NN attention ) ) ( PP-CLR ( TO to ) ( S-NOM ( VP ( VBG operating ) ( NP ( DT the ) ( NN airline ) ) ) ) ) ) ) ) ) )

Mr. Wolf urged all employees to now turn their full attention to operating the airline


( S ( NP-SBJ-3 ( PRP He ) ) ( ADVP ( RB also ) ) ( VP ( VBD vowed ) ( S ( VP ( TO to ) ( VP ( VB make ) ( NP ( DT every ) ( NN effort ) ( S ( VP ( TO to ) ( VP ( VB nurture ) ( NP ( NP ( DT a ) ( JJ constructive ) ( JJ new ) ( NN relationship ) ) ( SBAR ( WHNP-2 ( WDT that ) ) ( S ( VP ( VBZ has ) ( VP ( VBN been ) ( VP ( VBN forged ) ( PP-CLR ( IN with ) ( NP ( VBG participating ) ( NN employee ) ( NNS groups ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

He also vowed to make every effort to nurture a constructive new relationship that has been forged with participating employee groups


( S ( CC But ) ( NP-SBJ-1 ( NNP Mr. ) ( NNP Wolf ) ) ( VP ( VBZ faces ) ( NP ( DT a ) ( JJ monumental ) ( NN task ) ) ( PP-LOC ( IN in ) ( S-NOM ( VP ( VBG pulling ) ( NP ( DT the ) ( NN company ) ) ( ADVP-CLR ( RB back ) ( RB together ) ) ( ADVP ( RB again ) ) ) ) ) ) )

But Mr. Wolf faces a monumental task in pulling the company back together again


( S ( NP-SBJ ( NN Labor ) ( NNS problems ) ) ( VP ( VBP top ) ( NP ( DT the ) ( NN list ) ) ) )

Labor problems top the list


( S ( PP-TMP ( IN For ) ( NP ( DT a ) ( JJ brief ) ( NN time ) ) ) ( NP-SBJ-1 ( DT the ) ( NN buy-out ) ( NN effort ) ) ( VP ( VBD seemed ) ( S ( VP ( TO to ) ( VP ( VB solve ) ( NP ( NP ( PRP$ his ) ( NNS problems ) ) ( PP ( IN with ) ( NP ( NP ( NNP United ) ( POS 's ) ) ( NN pilot ) ( NN union ) ) ) ) ) ) ) ) )

For a brief time the buy-out effort seemed to solve his problems with United 's pilot union


( S ( PP ( IN In ) ( NP ( NP ( NN return ) ) ( PP ( IN for ) ( NP ( NP ( DT an ) ( NN ownership ) ( NN stake ) ) ( PP-LOC ( IN in ) ( NP ( DT the ) ( NN company ) ) ) ) ) ) ) ( NP-SBJ-3 ( DT the ) ( NNS pilots ) ) ( VP ( VBD were ) ( ADJP-PRD ( JJ willing ) ( S ( VP ( TO to ) ( VP ( VB agree ) ( PP-CLR ( TO to ) ( NP ( NP ( DT a ) ( JJ seven-year ) ( NN contract ) ) ( SBAR ( WHNP-1 ( WDT that ) ) ( S ( VP ( VBD included ) ( NP ( NP ( DT a ) ( JJ no-strike ) ( NN clause ) ) ( CC and ) ( NP ( NP ( JJ significant ) ( NN wage ) ( NNS concessions ) ( CC and ) ( NN productivity ) ( NNS gains ) ) ( SBAR ( S ( NP-SBJ ( DT the ) ( NN union ) ) ( ADVP-TMP ( RB previously ) ) ( VP ( VBD resisted ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

In return for an ownership stake in the company the pilots were willing to agree to a seven-year contract that included a no-strike clause and significant wage concessions and productivity gains the union previously resisted


( S ( NP-SBJ-1 ( DT That ) ( NN contract ) ) ( VP ( VBD was ) ( VP ( VBN tied ) ( PP-CLR ( TO to ) ( NP ( NP ( DT the ) ( NN success ) ) ( PP ( IN of ) ( NP ( DT the ) ( NN buy-out ) ) ) ) ) ) ) )

That contract was tied to the success of the buy-out


( S ( PP ( IN As ) ( NP ( DT a ) ( NN good-will ) ( NN measure ) ) ) ( NP-SBJ-1 ( DT the ) ( NNS pilots ) ) ( VP ( VP ( VBD had ) ( VP ( VBN been ) ( VP ( VBG working ) ( NP ( NP ( CD four ) ( JJ extra ) ( NNS hours ) ) ( NP-ADV ( DT a ) ( NN month ) ) ) ) ) ) ( CC and ) ( VP ( VBD had ) ( VP ( VBN agreed ) ( S ( VP ( TO to ) ( VP ( VB fly ) ( NP ( NP ( NNP UAL ) ( POS 's ) ) ( CD two ) ( JJ new ) ( NNP Boeing ) ( NNP 747-400 ) ( NN aircraft ) ) ) ) ) ) ) ) )

As a good-will measure the pilots had been working four extra hours a month and had agreed to fly UAL 's two new Boeing 747-400 aircraft


( S ( NP-SBJ ( PRP It ) ) ( VP ( VBZ 's ) ( ADJP-PRD ( JJ uncertain ) ( SBAR ( IN if ) ( S ( NP-SBJ-1 ( DT the ) ( NNS pilots ) ) ( VP ( MD will ) ( VP ( VB continue ) ( S ( VP ( TO to ) ( VP ( VB do ) ( ADVP ( RB so ) ) ( PP ( IN without ) ( NP ( DT a ) ( NN contract ) ( NN settlement ) ) ) ) ) ) ) ) ) ) ) ) )

It 's uncertain if the pilots will continue to do so without a contract settlement


( S ( NP-SBJ ( DT The ) ( NN union ) ) ( VP ( VBD said ) ( NP-TMP ( RB late ) ( JJ last ) ( NN night ) ) ( SBAR ( SBAR ( IN that ) ( S ( NP-SBJ ( PRP it ) ) ( VP ( VBZ is ) ( ADVP ( RB still ) ) ( ADJP-PRD ( JJ committed ) ( PP ( TO to ) ( NP ( NN majority ) ( NN employee ) ( NN ownership ) ) ) ) ) ) ) ( CC and ) ( SBAR ( IN that ) ( S ( NP-SBJ-3 ( NP ( DT the ) ( NN labor ) ( NNS disputes ) ) ( SBAR ( WHNP-2 ( WDT that ) ) ( S ( VP ( VBD faced ) ( NP ( DT the ) ( NN company ) ) ( ADVP-TMP ( RB prior ) ( PP ( TO to ) ( NP ( DT the ) ( NN buy-out ) ( NN effort ) ) ) ) ) ) ) ) ( ADVP ( RB still ) ) ( VP ( VBP need ) ( S ( VP ( TO to ) ( VP ( VB be ) ( VP ( VBN addressed ) ) ) ) ) ) ) ) ) ) )

The union said late last night that it is still committed to majority employee ownership and that the labor disputes that faced the company prior to the buy-out effort still need to be addressed


( S ( NP-SBJ ( DT The ) ( NN buy-out ) ( NN effort ) ) ( ADVP ( RB also ) ) ( VP ( VBD worsened ) ( NP ( NP ( JJ already-strained ) ( NNS relations ) ) ( PP ( IN between ) ( NP ( NP ( NNP United ) ( POS 's ) ) ( NN pilot ) ( CC and ) ( NN machinist ) ( NNS unions ) ) ) ) ) )

The buy-out effort also worsened already-strained relations between United 's pilot and machinist unions


( S ( NP-SBJ-1 ( NP ( NP ( NP ( DT The ) ( NNS machinists ) ( POS ' ) ) ( NNS criticisms ) ) ( PP ( IN of ) ( NP ( DT the ) ( JJ labor-management ) ( NN bid ) ) ) ) ( CC and ) ( NP ( NP ( PRP$ their ) ( NNS threats ) ) ( PP ( IN of ) ( NP ( NP ( DT a ) ( NN strike ) ) ( SBAR-ADV ( IN unless ) ( S ( NP-SBJ ( PRP they ) ) ( VP ( VBD received ) ( NP ( JJ substantial ) ( NN wage ) ( NNS increases ) ) ( NP-TMP ( DT this ) ( NN year ) ) ) ) ) ) ) ) ) ( VP ( VBD helped ) ( S ( VP ( VB cool ) ( NP ( NP ( NNS banks ) ( POS ' ) ) ( NN interest ) ( PP ( IN in ) ( S-NOM ( VP ( VBG financing ) ( NP ( DT the ) ( NN transaction ) ) ) ) ) ) ) ) ) )

The machinists ' criticisms of the labor-management bid and their threats of a strike unless they received substantial wage increases this year helped cool banks ' interest in financing the transaction


( S ( S ( NP-SBJ ( DT The ) ( NNS machinists ) ) ( ADVP-TMP ( RB previously ) ) ( VP ( VBD had ) ( VP ( VBN shown ) ( S ( NP-SBJ ( PRP themselves ) ) ( VP ( TO to ) ( VP ( VB be ) ( NP-PRD ( NP ( DT an ) ( NN ally ) ) ( PP ( TO to ) ( NP ( NNP Mr. ) ( NNP Wolf ) ) ) ) ) ) ) ) ) ) ( CC but ) ( S ( NP-SBJ ( PRP he ) ) ( VP ( VBD lost ) ( NP ( NP ( JJ much ) ) ( PP ( IN of ) ( NP ( NP ( PRP$ his ) ( NN credibility ) ) ( PP ( IN with ) ( NP ( DT that ) ( NN group ) ) ) ) ) ) ( SBAR-TMP ( WHADVP-1 ( WRB when ) ) ( S ( NP-SBJ ( PRP he ) ) ( VP ( VBD teamed ) ( PRT ( RP up ) ) ( PP-CLR ( IN with ) ( NP ( DT the ) ( NN pilot ) ( NN union ) ) ) ) ) ) ) ) )

The machinists previously had shown themselves to be an ally to Mr. Wolf but he lost much of his credibility with that group when he teamed up with the pilot union


( S ( NP-SBJ ( DT The ) ( NNS machinists ) ) ( VP ( VBD criticized ) ( NP ( NP ( DT the ) ( NNS terms ) ) ( SBAR ( S ( NP-SBJ ( NP ( NNP Mr. ) ( NNP Wolf ) ) ( CC and ) ( NP ( NN management ) ) ) ( VP ( VBD received ) ( PP-LOC ( IN in ) ( NP ( DT the ) ( NN buy-out ) ) ) ) ) ) ) ) )

The machinists criticized the terms Mr. Wolf and management received in the buy-out


( S ( NP-SBJ ( PRP They ) ) ( VP ( VP ( VBD paid ) ( NP ( QP ( CD 15 ) ( CD million ) ) ) ( PP-CLR ( IN for ) ( NP ( DT a ) ( ADJP ( CD 1 ) ( NN % ) ) ( NN stake ) ) ) ) ( CC and ) ( VP ( VBD received ) ( NP ( NP ( DT an ) ( JJ additional ) ( CD 9 ) ( NN % ) ) ( PP ( IN of ) ( NP ( DT the ) ( NN company ) ) ) ) ( PP-CLR ( IN at ) ( NP ( DT no ) ( JJ additional ) ( NN cost ) ) ) ) ) )

They paid 15 million for a 1 % stake and received an additional 9 % of the company at no additional cost


( S ( NP-SBJ ( PRP$ His ) ( NN credibility ) ) ( VP ( VBZ is ) ( ADVP ( RB also ) ) ( PP-PRD ( IN on ) ( NP ( DT the ) ( NN line ) ) ) ( PP-LOC ( IN in ) ( NP ( DT the ) ( NN investment ) ( NN community ) ) ) ) )

His credibility is also on the line in the investment community


( S ( PP-TMP ( IN Until ) ( NP ( NP ( DT the ) ( NN collapse ) ) ( PP ( IN of ) ( NP ( DT this ) ( NN bid ) ) ) ) ) ( NP-SBJ-1 ( NNP Mr. ) ( NNP Wolf ) ) ( VP ( VBD was ) ( VP ( VBN regarded ) ( PP-CLR ( IN as ) ( NP ( NP ( CD one ) ) ( PP ( IN of ) ( NP ( NP ( DT the ) ( NN nation ) ( POS 's ) ) ( JJS savviest ) ( NN airline ) ( NNS executives ) ) ) ) ) ( PP-TMP ( IN after ) ( S-NOM ( VP ( NN engineering ) ( NP ( NP ( NNS turnarounds ) ) ( PP ( IN of ) ( NP ( NP ( NNP Tiger ) ( NNP International ) ( NNP Inc. ) ) ( CC and ) ( NP ( NNP Republic ) ( NNP Airlines ) ) ) ) ) ) ) ) ) ) )

Until the collapse of this bid Mr. Wolf was regarded as one of the nation 's savviest airline executives after engineering turnarounds of Tiger International Inc. and Republic Airlines


( S ( CC But ) ( NP-SBJ-1 ( NP ( PRP he ) ) ( CC and ) ( NP ( NP ( PRP$ his ) ( ADJP ( JJ chief ) ( JJ financial ) ) ( NN officer ) ) ( NP ( NNP John ) ( NNP Pope ) ) ) ) ( VP ( VBD sowed ) ( NP ( NP ( DT some ) ) ( PP ( IN of ) ( NP ( NP ( DT the ) ( NNS seeds ) ) ( PP ( IN for ) ( NP ( NP ( DT the ) ( NN deal ) ( POS 's ) ) ( NN failure ) ) ) ) ) ) ( PP-MNR ( IN by ) ( S-NOM ( VP ( VBG insisting ) ( SBAR ( S ( NP-SBJ ( NNS banks ) ) ( VP ( VB accept ) ( NP ( JJ low ) ( NN financing ) ( NNS fees ) ( CC and ) ( NN interest ) ( NNS rates ) ) ( SBAR-ADV ( IN while ) ( S ( NP-SBJ ( PRP they ) ) ( VP ( VBD invested ) ( PP-CLR ( IN in ) ( NP ( DT the ) ( NN transaction ) ) ) ( NP ( NP ( RB only ) ( DT a ) ( JJ small ) ( NN fraction ) ) ( PP ( IN of ) ( NP ( NP ( DT the ) ( QP ( CD 114.3 ) ( CD million ) ) ) ( SBAR ( S ( NP-SBJ-3 ( PRP they ) ) ( VP ( VBD stood ) ( S ( VP ( TO to ) ( VP ( VB gain ) ( PP-CLR ( IN from ) ( NP ( NP ( NN sale ) ) ( PP ( IN of ) ( NP ( PRP$ their ) ( NNP UAL ) ( NN stock ) ( CC and ) ( NNS options ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

But he and his chief financial officer John Pope sowed some of the seeds for the deal 's failure by insisting banks accept low financing fees and interest rates while they invested in the transaction only a small fraction of the 114.3 million they stood to gain from sale of their UAL stock and options


( S ( NP-SBJ ( NP ( DT The ) ( NN board ) ( POS 's ) ) ( NNS actions ) ) ( VP ( VBP leave ) ( S ( NP-SBJ-2 ( NN takeover ) ( NN stock ) ( NNS traders ) ) ( UCP-PRD ( VP ( VBG nursing ) ( NP ( NP ( QP ( RB some ) ( CD 700 ) ( CD million ) ) ) ( PP ( IN in ) ( NP ( NNS losses ) ) ) ) ) ( CC and ) ( ADJP-PRD ( JJ eager ) ( S ( VP ( TO to ) ( VP ( VB respond ) ( PP-CLR ( TO to ) ( NP ( NP ( NN anyone ) ) ( SBAR ( WHNP-1 ( WP who ) ) ( S ( VP ( MD might ) ( VP ( VB make ) ( NP ( DT a ) ( JJ new ) ( NN offer ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

The board 's actions leave takeover stock traders nursing some 700 million in losses and eager to respond to anyone who might make a new offer


( S ( NP-SBJ ( PRP It ) ) ( ADVP ( RB also ) ) ( ADVP ( RB inevitably ) ) ( VP ( VBZ leaves ) ( NP ( NP ( DT a ) ( NN residue ) ) ( PP ( IN of ) ( NP ( NN shareholder ) ( NNS lawsuits ) ) ) ) ) )

It also inevitably leaves a residue of shareholder lawsuits


( S ( NP-SBJ ( NNS Arbitragers ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( PRP they ) ) ( VP ( VBD were ) ( ADJP-PRD ( JJ disappointed ) ( SBAR ( S ( NP-SBJ ( DT the ) ( NN company ) ) ( VP ( VBD did ) ( RB n't ) ( VP ( VB announce ) ( NP ( NP ( DT some ) ( NN recapitalization ) ) ( CC or ) ( NP ( JJ other ) ( NN plan ) ( S ( VP ( TO to ) ( VP ( VB maximize ) ( NP ( NN value ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

Arbitragers said they were disappointed the company did n't announce some recapitalization or other plan to maximize value


( S ( NP-SBJ ( CD One ) ( NN takeover ) ( NN expert ) ) ( VP ( VBD noted ) ( SBAR ( IN that ) ( S ( NP-SBJ ( NNS arbitragers ) ) ( VP ( MD could ) ( VP ( VB force ) ( NP ( DT a ) ( NN recapitalization ) ) ( PP-MNR ( IN through ) ( NP ( NP ( DT the ) ( JJ written ) ( NN consent ) ( NN process ) ) ( SBAR ( WHPP-1 ( IN under ) ( WHNP ( WDT which ) ) ) ( S ( NP-SBJ ( NNS holders ) ) ( VP ( MD may ) ( VP ( VB oust ) ( NP ( DT the ) ( NN board ) ) ( PP-MNR ( IN by ) ( NP ( DT a ) ( NN majority ) ( NN vote ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

One takeover expert noted that arbitragers could force a recapitalization through the written consent process under which holders may oust the board by a majority vote


( S ( NP-SBJ ( DT The ) ( NNS machinists ) ( NN union ) ) ( VP ( VBZ has ) ( VP ( VBN suggested ) ( SBAR ( S ( NP-SBJ ( PRP it ) ) ( VP ( MD may ) ( VP ( VB propose ) ( NP ( NP ( DT a ) ( NN recapitalization ) ) ( SBAR ( WHNP-1 ( WDT that ) ) ( S ( VP ( VBZ includes ) ( NP ( NP ( NP ( DT a ) ( JJ special ) ( NN dividend ) ) ( PP ( IN for ) ( NP ( NNS holders ) ) ) ) ( CC and ) ( NP ( NP ( DT a ) ( NN minority ) ( NN ownership ) ( NN stake ) ) ( PP ( IN for ) ( NP ( NNS employees ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

The machinists union has suggested it may propose a recapitalization that includes a special dividend for holders and a minority ownership stake for employees


( S ( NP-SBJ ( NP ( NNP Los ) ( NNP Angeles ) ( NN investor ) ( NNP Marvin ) ( NNP Davis ) ) ( SBAR ( WHNP-1 ( WHNP ( WP$ whose ) ( ADJP ( JJ 240-a-share ) ) ( NN offer ) ) ( PP ( IN for ) ( NP ( NNP UAL ) ) ) ( PP-TMP ( IN in ) ( NP ( NNP August ) ) ) ) ( S ( VP ( VBD triggered ) ( NP ( DT a ) ( NN bidding ) ( NN war ) ) ) ) ) ) ( VP ( VBZ says ) ( SBAR ( S ( NP-SBJ ( PRP he ) ) ( VP ( VBZ remains ) ( ADJP-PRD ( JJ interested ) ( PP ( IN in ) ( NP ( DT the ) ( NN airline ) ) ) ) ) ) ) ) )

Los Angeles investor Marvin Davis whose 240-a-share offer for UAL in August triggered a bidding war says he remains interested in the airline


( S ( ADVP ( RB However ) ) ( NP-SBJ-1 ( PRP he ) ) ( VP ( VBZ is ) ( VP ( VBN restricted ) ( PP-CLR ( IN from ) ( S-NOM ( VP ( VBG making ) ( NP ( JJ certain ) ( JJ hostile ) ( NNS moves ) ) ) ) ) ( PP ( IN by ) ( NP-LGS ( NP ( DT an ) ( NN agreement ) ) ( SBAR ( S ( NP-SBJ-4 ( PRP he ) ) ( VP ( VBD signed ) ( S-PRP ( VP ( TO to ) ( VP ( VB obtain ) ( NP ( JJ confidential ) ( NNP UAL ) ( NNS data ) ) ) ) ) ) ) ) ) ) ) ) )

However he is restricted from making certain hostile moves by an agreement he signed to obtain confidential UAL data


( S ( ADVP ( RB Essentially ) ) ( NP-SBJ ( PRP he ) ) ( VP ( MD ca ) ( RB n't ) ( VP ( VB make ) ( NP ( DT any ) ( JJ hostile ) ( NNS moves ) ) ( SBAR-ADV ( IN unless ) ( S ( NP-SBJ ( PRP he ) ) ( VP ( VBZ makes ) ( NP ( NP ( DT a ) ( NN tender ) ( NN offer ) ) ( NP ( NP ( QP ( IN at ) ( JJS least ) ( CD 300 ) ) ) ( NP-ADV ( DT a ) ( NN share ) ) ) ) ) ) ) ) ) )

Essentially he ca n't make any hostile moves unless he makes a tender offer at least 300 a share


( S ( NP-SBJ ( NP ( NNP Lucas ) ( NNP Industries ) ( NNP PLC ) ) ( NP ( NP ( DT a ) ( JJ British ) ( NN maker ) ) ( PP ( IN of ) ( NP ( JJ industrial ) ( NNS parts ) ( CC and ) ( NNS systems ) ) ) ) ) ( VP ( VBD reported ) ( NP ( NP ( NP ( DT a ) ( ADJP ( CD 28 ) ( NN % ) ) ( NN rise ) ) ( PP-LOC ( IN in ) ( NP ( JJ pretax ) ( NN profit ) ) ) ( PP ( IN for ) ( NP ( NP ( DT the ) ( NN year ) ) ( PP ( TO to ) ( NP ( NNP July ) ( CD 31 ) ) ) ) ) ) ( VP ( VBN helped ) ( PP ( IN in ) ( ADJP ( JJ particular ) ) ) ( PP ( IN by ) ( NP-LGS ( NP ( DT a ) ( ADJP ( CD 32 ) ( NN % ) ) ( NN jump ) ) ( PP ( IN in ) ( NP ( NN operating ) ( NN profit ) ) ) ( PP-LOC ( IN at ) ( NP ( PRP$ its ) ( JJ aerospace ) ( NN division ) ) ) ) ) ) ) ) )

Lucas Industries PLC a British maker of industrial parts and systems reported a 28 % rise in pretax profit for the year to July 31 helped in particular by a 32 % jump in operating profit at its aerospace division


( S ( NP-SBJ ( NP ( JJ Pretax ) ( NN profit ) ) ( PP-TMP ( IN in ) ( NP ( DT the ) ( JJS latest ) ( NN year ) ) ) ) ( VP ( VBD climbed ) ( PP-DIR ( TO to ) ( NP ( NP ( QP ( CD 187.1 ) ( CD million ) ) ) ( PRN ( NP ( QP ( CD 297.1 ) ( CD million ) ) ) ) ) ) ( PP-DIR ( IN from ) ( NP ( NP ( QP ( CD 146.3 ) ( CD million ) ) ) ( PRN ( NP ( QP ( CD 232.3 ) ( CD million ) ) ) ) ) ) ) )

Pretax profit in the latest year climbed to 187.1 million 297.1 million from 146.3 million 232.3 million


( S ( NP-SBJ ( NP ( NN Profit ) ) ( PP ( PP ( IN after ) ( NP ( NP ( NNS taxes ) ) ( CC and ) ( NP ( NN minority ) ( NNS interests ) ) ) ) ( CC but ) ( PP ( IN before ) ( NP ( JJ extraordinary ) ( NNS items ) ) ) ) ) ( VP ( VBD climbed ) ( NP-EXT ( CD 27 ) ( NN % ) ) ( PP-DIR ( TO to ) ( NP ( QP ( CD 143.4 ) ( CD million ) ) ) ) ( PP-DIR ( IN from ) ( NP ( QP ( CD 112.5 ) ( CD million ) ) ) ) ( PP ( IN with ) ( S-NOM ( NP-SBJ ( NP ( NNS earnings ) ) ( PP ( IN per ) ( NP ( NN share ) ) ) ) ( VP ( VBG rising ) ( PP-DIR ( TO to ) ( NP ( NP ( CD 85.1 ) ( NNS pence ) ) ( PRN ( NP ( CD 1.35 ) ) ) ) ) ( PP-DIR ( IN from ) ( NP ( NP ( CD 79.4 ) ( NNS pence ) ) ( PRN ( NP ( CD 1.26 ) ) ) ) ) ) ) ) ) )

Profit after taxes and minority interests but before extraordinary items climbed 27 % to 143.4 million from 112.5 million with earnings per share rising to 85.1 pence 1.35 from 79.4 pence 1.26


( S ( NP-SBJ ( DT The ) ( NNS results ) ) ( VP ( VBD were ) ( PP-PRD ( IN at ) ( NP ( NP ( DT the ) ( JJ upper ) ( NN end ) ) ( PP ( IN of ) ( NP ( NP ( NN market ) ( NNS expectations ) ) ( SBAR ( WHNP-1 ( WDT which ) ) ( S ( VP ( VBD ranged ) ( PP-CLR ( PP ( IN from ) ( NP ( QP ( CD 185 ) ( CD million ) ) ) ) ( PP ( TO to ) ( NP ( QP ( CD 188 ) ( CD million ) ) ) ) ) ) ) ) ) ) ) ) ) )

The results were at the upper end of market expectations which ranged from 185 million to 188 million


( S ( PP-LOC ( IN In ) ( NP ( DT a ) ( NN sign ) ( SBAR ( S ( NP-SBJ ( DT the ) ( NN stock ) ( NN slump ) ) ( VP ( VBZ has ) ( RB n't ) ( VP ( VBN quieted ) ( NP ( NP ( NNP Europe ) ( POS 's ) ) ( NN takeover ) ( NN fever ) ) ) ) ) ) ) ) ( NP-SBJ ( NNP Cie ) ( NNP Financiere ) ( NNP de ) ( NNP Paribas ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ-1 ( PRP it ) ) ( VP ( VBZ intends ) ( S ( VP ( TO to ) ( VP ( VB bid ) ( PP-CLR ( IN for ) ( NP ( NP ( NP ( CD one ) ) ( PP ( IN of ) ( NP ( NP ( NNP France ) ( POS 's ) ) ( JJ other ) ( JJ large ) ( ADJP ( JJ financial ) ( CC and ) ( JJ industrial ) ) ( NN holding ) ( NNS companies ) ) ) ) ( NP ( NNP Cie. ) ( NNP de ) ( NNP Navigation ) ( NNP Mixte ) ) ) ) ) ) ) ) ) ) ) )

In a sign the stock slump has n't quieted Europe 's takeover fever Cie Financiere de Paribas said it intends to bid for one of France 's other large financial and industrial holding companies Cie. de Navigation Mixte


( S ( NP-SBJ ( NNP Paribas ) ) ( VP ( VBD said ) ( SBAR ( IN that ) ( S ( SBAR-TMP ( RB once ) ( S ( NP-SBJ ( PRP it ) ) ( VP ( VBZ receives ) ( NP ( DT the ) ( NN go-ahead ) ) ( PP-CLR ( IN from ) ( NP ( JJ French ) ( NN stock ) ( NN market ) ( NNS authorities ) ) ) ) ) ) ( NP-SBJ-1 ( PRP it ) ) ( VP ( MD will ) ( VP ( VB offer ) ( S ( VP ( TO to ) ( VP ( VB boost ) ( NP ( PRP$ its ) ( NNP Navigation ) ( NNP Mixte ) ( NN stake ) ) ( PP-DIR ( TO to ) ( NP ( CD 66.7 ) ( NN % ) ) ) ( PP-DIR ( IN from ) ( NP ( DT the ) ( JJ current ) ( CD 18.7 ) ( NN % ) ) ) ) ) ) ) ) ) ) ) )

Paribas said that once it receives the go-ahead from French stock market authorities it will offer to boost its Navigation Mixte stake to 66.7 % from the current 18.7 %


( S ( NP-SBJ ( PRP$ Its ) ( JJ cash-or-shares ) ( NN bid ) ) ( VP ( VBZ values ) ( NP ( NNP Navigation ) ( NNP Mixte ) ) ( PP-CLR ( IN at ) ( NP ( NP ( QP ( RB about ) ( CD 22.82 ) ( CD billion ) ) ( NNS francs ) ) ( PRN ( NP ( QP ( CD 3.62 ) ( CD billion ) ) ) ) ) ) ( S-ADV ( VP ( VBG making ) ( S ( NP-SBJ ( DT this ) ) ( NP-PRD ( NP ( CD one ) ) ( PP ( IN of ) ( NP ( NP ( NNP France ) ( POS 's ) ) ( JJ largest-ever ) ( JJ attempted ) ( NNS takeovers ) ) ) ) ) ) ) ) )

Its cash-or-shares bid values Navigation Mixte at about 22.82 billion francs 3.62 billion making this one of France 's largest-ever attempted takeovers


( S ( NP-SBJ ( NP ( DT The ) ( NN cost ) ) ( PP ( IN of ) ( S-NOM ( VP ( VBG buying ) ( NP ( DT the ) ( JJ additional ) ( ADJP ( CD 48 ) ( NN % ) ) ( NN stake ) ) ) ) ) ) ( VP ( MD would ) ( VP ( VB be ) ( NP-PRD ( NP ( QP ( CD 10.95 ) ( CD billion ) ) ( NNS francs ) ) ( PRN ( NP ( QP ( CD 1.74 ) ( CD billion ) ) ) ) ) ) ) )

The cost of buying the additional 48 % stake would be 10.95 billion francs 1.74 billion


( S ( NP-SBJ ( DT The ) ( NN move ) ) ( VP ( MD would ) ( ADVP ( RB greatly ) ) ( VP ( VB boost ) ( NP ( NP ( NP ( NNP Paribas ) ( POS 's ) ) ( NN stake ) ) ( PP-LOC ( IN in ) ( NP ( NP ( DT the ) ( NN insurance ) ( NN transport ) ( CC and ) ( NN food ) ( NNS businesses ) ) ( SBAR ( WHADVP-1 ( WRB where ) ) ( S ( NP-SBJ ( NNP Navigation ) ( NNP Mixte ) ) ( VP ( VBZ is ) ( ADJP-PRD ( JJ strong ) ) ) ) ) ) ) ) ) ) )

The move would greatly boost Paribas 's stake in the insurance transport and food businesses where Navigation Mixte is strong


( S ( NP-SBJ ( PRP It ) ) ( ADVP ( RB also ) ) ( VP ( MD would ) ( VP ( VB make ) ( S ( NP-SBJ ( NNP Paribas ) ) ( NP-PRD ( NP ( DT a ) ( JJ major ) ( JJ French ) ( NN ally ) ) ( PP ( IN of ) ( NP ( NP ( NNP West ) ( NNP Germany ) ( POS 's ) ) ( NNP Allianz ) ( NNP AG ) ( NN insurance ) ( NN group ) ) ) ) ) ) ) )

It also would make Paribas a major French ally of West Germany 's Allianz AG insurance group


( S ( NP-SBJ ( NNP Allianz ) ) ( VP ( VBZ holds ) ( NP ( NP ( DT a ) ( ADJP ( CD 50 ) ( NN % ) ) ( NN stake ) ) ( PP ( IN in ) ( NP ( NP ( NP ( NNP Navigation ) ( NNP Mixte ) ( POS 's ) ) ( NN insurance ) ( NNS interests ) ) ( VP ( VBN acquired ) ( ADVP-TMP ( NP ( CD three ) ( NNS weeks ) ) ( RB ago ) ) ) ) ) ) ) )

Allianz holds a 50 % stake in Navigation Mixte 's insurance interests acquired three weeks ago


( S ( NP-SBJ ( DT Those ) ) ( VP ( VBP include ) ( NP ( NP ( NNP Rhin ) ( NNP et ) ( NNP Moselle ) ( NNP Vie ) ) ( CC and ) ( NP ( NNP Via ) ( NNP Assurances ) ) ) ) )

Those include Rhin et Moselle Vie and Via Assurances


( S ( S-ADV ( ADVP-TMP ( RB Long ) ) ( VP ( VBN considered ) ( NP ( DT a ) ( JJ potential ) ( NN takeover ) ( NN target ) ) ) ) ( NP-SBJ-1 ( NNP Navigation ) ( NNP Mixte ) ) ( VP ( VBD had ) ( VP ( VBN hoped ) ( SBAR ( S ( NP-SBJ ( NNP Allianz ) ) ( VP ( MD would ) ( VP ( VB help ) ( VP ( VB protect ) ( NP ( PRP it ) ) ( PP-CLR ( IN from ) ( NP ( NNS raiders ) ) ) ) ) ) ) ) ) ) )

Long considered a potential takeover target Navigation Mixte had hoped Allianz would help protect it from raiders


( S ( NP-SBJ ( DT That ) ( NN idea ) ) ( VP ( MD may ) ( VP ( VB have ) ( VP ( VBN backfired ) ) ) ) )

That idea may have backfired


( S ( S ( NP-SBJ ( NNP Paribas ) ) ( VP ( VBZ is ) ( NP-PRD ( NP ( NNP Allianz ) ( POS 's ) ) ( JJ main ) ( JJ French ) ( NN bank ) ) ) ) ( CC and ) ( S ( NP-SBJ ( DT the ) ( JJ Munich-based ) ( NN group ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ-1 ( PRP it ) ) ( VP ( VBZ intends ) ( S ( VP ( TO to ) ( VP ( VB stay ) ( ADJP-PRD ( JJ neutral ) ) ) ) ) ) ) ) ) ) )

Paribas is Allianz 's main French bank and the Munich-based group said it intends to stay neutral


( S ( NP-SBJ ( NNP Navigation ) ( NNP Mixte ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( PRP it ) ) ( VP ( MD would ) ( RB n't ) ( VP ( VB have ) ( NP ( DT any ) ( NN comment ) ) ( SBAR-TMP ( IN until ) ( S ( NP-SBJ ( PRP$ its ) ( NN board ) ) ( VP ( VBZ meets ) ( NP-TMP ( NNP Wednesday ) ) ) ) ) ) ) ) ) ) )

Navigation Mixte said it would n't have any comment until its board meets Wednesday


( S ( CC But ) ( NP-SBJ-1 ( NNP Navigation ) ( NNP Mixte ) ) ( VP ( VBZ is ) ( UCP-PRD ( VP ( ADVP ( RB loosely ) ) ( VBN held ) ) ( CC and ) ( ADJP-PRD ( RB hard ) ( SBAR ( S ( VP ( TO to ) ( VP ( VB defend ) ) ) ) ) ) ) ) )

But Navigation Mixte is loosely held and hard to defend


( SINV ( S-TPC-1 ( NP-SBJ ( DT The ) ( NN defensive ) ( NNS options ) ) ( VP ( VBP are ) ( ADJP-PRD ( JJ limited ) ) ) ) ( VP ( VBZ says ) ) ( NP-SBJ ( NP ( NNP Philippe ) ( NNP Braye ) ) ( NP ( NP ( DT a ) ( NN partner ) ) ( PP ( IN in ) ( NP ( NN portfolio ) ( NN management ) ( NN concern ) ( NNP France ) ( NNP Finance ) ( NNP Quatre ) ) ) ) ) )

The defensive options are limited says Philippe Braye a partner in portfolio management concern France Finance Quatre


( SBARQ ( WHNP-1 ( WP Who ) ) ( SQ ( MD would ) ( VP ( VB bid ) ( PP-CLR ( IN against ) ( NP ( NNP Paribas ) ) ) ) ) )

Who would bid against Paribas


( S ( SBAR-ADV ( IN If ) ( S ( NP-SBJ ( DT the ) ( NNP Paribas ) ( NN bid ) ) ( VP ( VBZ succeeds ) ) ) ) ( NP-SBJ ( PRP it ) ) ( VP ( MD will ) ( VP ( VB be ) ( NP-PRD ( NP ( DT the ) ( JJ second ) ( NN time ) ) ( PP-TMP ( IN in ) ( NP ( CD two ) ( NNS months ) ) ) ( SBAR ( S ( NP-SBJ ( DT a ) ( JJ big ) ( JJ French ) ( NN investment ) ( NN banking ) ( NN group ) ) ( VP ( VBZ has ) ( VP ( VBN snapped ) ( PRT ( RP up ) ) ( NP ( DT an ) ( NN insurance ) ( NN group ) ) ) ) ) ) ) ) ) )

If the Paribas bid succeeds it will be the second time in two months a big French investment banking group has snapped up an insurance group


( S ( NP-TMP ( JJ Last ) ( NN month ) ) ( NP-SBJ ( NP ( NP ( NNP Paribas ) ( POS 's ) ) ( NN archrival ) ) ( NP ( NNP Cie ) ( NNP Financiere ) ( NNP de ) ( NNP Suez ) ) ) ( VP ( VBD won ) ( NP ( NP ( DT a ) ( NN battle ) ) ( PP ( IN for ) ( NP ( NP ( NNP Groupe ) ( NNP Victoire ) ) ( NP ( NP ( NNP France ) ( POS 's ) ) ( JJ second-largest ) ( JJ private-sector ) ( NN insurer ) ) ( SBAR ( WHNP-1 ( WDT which ) ) ( S ( NP-ADV ( PRP itself ) ) ( VP ( VBD had ) ( ADVP ( RB just ) ) ( VP ( VBN acquired ) ( NP ( NP ( NNP West ) ( NNP Germany ) ( POS 's ) ) ( NNP Colonia ) ( NNP Versicherung ) ( NNP AG ) ) ) ) ) ) ) ) ) ) )

Last month Paribas 's archrival Cie Financiere de Suez won a battle for Groupe Victoire France 's second-largest private-sector insurer which itself had just acquired West Germany 's Colonia Versicherung AG


( S ( S ( NP-SBJ-1 ( DT That ) ( JJ complex ) ( NN bid ) ) ( VP ( VBD was ) ( VP ( VBN billed ) ( PP-CLR ( IN as ) ( NP ( NP ( NNP France ) ( POS 's ) ) ( JJS largest ) ( NN takeover ) ( RB ever ) ) ) ) ) ) ( PRN ( S ( NP-SBJ ( DT this ) ( CD one ) ) ( VP ( VBZ is ) ( ADJP-PRD ( RB slightly ) ( JJR smaller ) ) ) ) ) )

That complex bid was billed as France 's largest takeover ever this one is slightly smaller


( S ( ADVP ( RB Moreover ) ) ( NP-SBJ-1 ( NNP Suez ) ) ( VP ( VBD had ) ( ADVP ( RB just ) ) ( VP ( VBN finished ) ( S ( VP ( VBG winning ) ( NP ( NP ( DT an ) ( ADJP ( RB even ) ( JJR larger ) ) ( NN battle ) ) ( NP-TMP ( JJ last ) ( NN year ) ) ( PP ( IN for ) ( NP ( NP ( NN control ) ) ( PP ( IN of ) ( NP ( NNP Societe ) ( NNP Generale ) ( NNP de ) ( NNP Belgique ) ) ) ) ) ) ) ) ) ) )

Moreover Suez had just finished winning an even larger battle last year for control of Societe Generale de Belgique


( S ( NP-SBJ ( NP ( NNP Paribas ) ( NNS officials ) ) ( VP ( ADVP-TMP ( RB once ) ) ( VBN considered ) ( NP ( NP ( NNP France ) ( POS 's ) ) ( JJS toughest ) ( NNS bankers ) ) ) ) ( VP ( VBD felt ) ( ADJP-PRD ( JJ abashed ) ( PP ( IN at ) ( NP ( NP ( NP ( NNP Suez ) ( POS 's ) ) ( NN success ) ) ( CC and ) ( NP ( PRP$ its ) ( JJ rapid ) ( NN growth ) ) ) ) ) ) )

Paribas officials once considered France 's toughest bankers felt abashed at Suez 's success and its rapid growth


( S ( SBAR-ADV ( IN Although ) ( S ( NP-SBJ ( NNP Paribas ) ) ( VP ( VBZ denies ) ( NP ( PRP it ) ) ) ) ) ( NP-SBJ ( NNS analysts ) ) ( VP ( VBP say ) ( SBAR ( S ( NP-SBJ ( DT the ) ( JJ new ) ( NN bid ) ) ( PP ( IN in ) ( NP ( NN part ) ) ) ( ADVP ( RB simply ) ) ( VP ( VBZ reflects ) ( NP ( NP ( DT the ) ( JJ continuing ) ( NN rivalry ) ) ( PP ( IN between ) ( NP ( NP ( NNP France ) ( POS 's ) ) ( CD two ) ( JJS largest ) ( NN investment ) ( NN banking ) ( NNS groups ) ) ) ) ) ) ) ) )

Although Paribas denies it analysts say the new bid in part simply reflects the continuing rivalry between France 's two largest investment banking groups


( S ( NP-SBJ ( PRP It ) ) ( ADVP ( RB also ) ) ( VP ( VBZ reflects ) ( NP ( NP ( DT the ) ( JJR broader ) ( NN pressure ) ) ( PP ( IN on ) ( NP ( NP ( NNS companies ) ) ( PP-LOC ( IN in ) ( NP ( NNP Europe ) ) ) ) ) ( S-1 ( VP ( TO to ) ( VP ( VB keep ) ( PRT ( RP up ) ) ( SBAR-TMP ( IN as ) ( S ( NP-SBJ-2 ( DT the ) ( NNP European ) ( NNP Community ) ) ( VP ( VBZ prepares ) ( S ( VP ( TO to ) ( VP ( VB reduce ) ( NP ( JJ internal ) ( NN trade ) ( NNS barriers ) ) ( PP-TMP ( IN by ) ( NP ( CD 1992 ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

It also reflects the broader pressure on companies in Europe to keep up as the European Community prepares to reduce internal trade barriers by 1992


( S ( SBAR-ADV ( IN Although ) ( S ( NP-SBJ ( NNP Paribas ) ( NNP Chairman ) ( NNP Michel ) ( NNP Francois-Poncet ) ) ( VP ( MD would ) ( RB n't ) ( VP ( VB rule ) ( PRT ( RP out ) ) ( S ( ADVP-TMP ( RB eventually ) ) ( VP ( VBG selling ) ( NP ( NP ( DT all ) ) ( PP ( IN of ) ( NP ( NP ( NNP Navigation ) ( NNP Mixte ) ( POS 's ) ) ( NN insurance ) ( NNS operations ) ) ) ) ( PP-DTV ( TO to ) ( NP ( NNP Allianz ) ) ) ) ) ) ) ) ) ( NP-SBJ ( PRP he ) ) ( VP ( VBD stressed ) ( NP ( NP ( DT the ) ( NN potential ) ) ( PP ( IN for ) ( NP ( DT the ) ( CD two ) ( NNS groups ) ) ) ( S-1 ( ADVP ( RB instead ) ) ( VP ( TO to ) ( VP ( VB cooperate ) ) ) ) ) ) )

Although Paribas Chairman Michel Francois-Poncet would n't rule out eventually selling all of Navigation Mixte 's insurance operations to Allianz he stressed the potential for the two groups instead to cooperate


( S ( NP-SBJ ( PRP He ) ) ( ADVP ( RB also ) ) ( VP ( VBD told ) ( NP ( NNS reporters ) ) ( SBAR ( S ( NP-SBJ ( DT the ) ( NN acquisition ) ) ( VP ( MD would ) ( VP ( VB give ) ( NP ( NNP Paribas ) ) ( NP ( JJ fresh ) ( NN diversity ) ) ( S-ADV ( VP ( VBG bringing ) ( NP ( PRP it ) ) ( NP ( NP ( NNS properties ) ) ( PP-LOC ( IN in ) ( NP ( NP ( NN food ) ( CC and ) ( NN transport ) ) ( SBAR ( WHADVP-1 ( WRB where ) ) ( S ( NP-SBJ ( PRP it ) ) ( VP ( VBZ has ) ( VP ( VBN been ) ( ADJP-PRD ( JJ weak ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

He also told reporters the acquisition would give Paribas fresh diversity bringing it properties in food and transport where it has been weak


( S ( NP-SBJ ( NNP Navigation ) ( NNP Mixte ) ) ( VP ( VBZ has ) ( NP ( NNS investments ) ) ( PP-LOC ( IN in ) ( NP ( NP ( DT a ) ( NN sugar ) ( NN company ) ) ( NP ( DT a ) ( NN food ) ( CC and ) ( NN canning ) ( NN concern ) ) ( NP ( DT a ) ( NN bakery ) ) ( CC and ) ( NP ( NN bus ) ( CC and ) ( NN trucking ) ( NNS firms ) ) ( PP ( IN among ) ( NP ( NNS others ) ) ) ) ) ) )

Navigation Mixte has investments in a sugar company a food and canning concern a bakery and bus and trucking firms among others


( S ( CC And ) ( NP-SBJ ( NNP Navigation ) ( NNP Mixte ) ) ( VP ( VBZ has ) ( NP ( DT a ) ( JJ huge ) ( JJ hidden ) ( NN attraction ) ) ) )

And Navigation Mixte has a huge hidden attraction


( S ( NP-SBJ ( NP ( NN Payment ) ) ( PP ( IN by ) ( NP ( NNP Allianz ) ) ) ( PP ( IN for ) ( NP ( NP ( DT the ) ( NN insurance ) ( VBZ interests ) ) ( SBAR ( S ( NP-SBJ ( PRP it ) ) ( VP ( VBZ has ) ( ADVP ( RB just ) ) ( VP ( VBN bought ) ) ) ) ) ) ) ) ( VP ( MD will ) ( VP ( VB help ) ( VP ( VB swell ) ( NP ( NP ( DT the ) ( JJ French ) ( NN concern ) ( POS 's ) ) ( NN treasury ) ) ( PP-DIR ( TO to ) ( NP ( DT an ) ( JJ estimated ) ( QP ( CD 11 ) ( CD billion ) ) ( NNS francs ) ) ) ) ) ) )

Payment by Allianz for the insurance interests it has just bought will help swell the French concern 's treasury to an estimated 11 billion francs


( S ( NP-SBJ ( NNP Paribas ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( PRP it ) ) ( VP ( MD will ) ( VP ( VP ( VB bid ) ( NP ( NP-3 ( CD 1,850 ) ( NNS francs ) ) ( NP-ADV ( DT a ) ( NN share ) ) ) ( PP-CLR-4 ( IN for ) ( NP ( NP ( NNP Navigation ) ( NNP Mixte ) ( NNS shares ) ) ( SBAR ( WHNP-1 ( WDT that ) ) ( S ( VP ( VBP qualify ) ( PP-CLR ( IN for ) ( NP ( DT a ) ( JJ full ) ( JJ yearly ) ( NN dividend ) ) ) ) ) ) ) ) ) ( CC and ) ( VP ( NP=3 ( CD 1,800 ) ( NNS francs ) ) ( PP-CLR=4 ( IN for ) ( NP ( NP ( DT those ) ) ( VP ( VBN created ) ( NP-TMP ( NNP July ) ( CD 1 ) ) ) ( SBAR ( WHNP-2 ( WDT which ) ) ( S ( VP ( VBP are ) ( ADJP-PRD ( JJ eligible ) ( PP ( IN for ) ( NP ( JJ partial ) ( NNS dividends ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

Paribas said it will bid 1,850 francs a share for Navigation Mixte shares that qualify for a full yearly dividend and 1,800 francs for those created July 1 which are eligible for partial dividends


( S ( ADVP ( RB Alternatively ) ) ( NP-SBJ ( PRP it ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( PRP it ) ) ( VP ( MD would ) ( VP ( VB offer ) ( NP ( NP ( CD three ) ( NNP Paribas ) ( NNS shares ) ) ( NP ( NP ( PRP themselves ) ) ( ADJP ( JJ eligible ) ( PP ( IN for ) ( NP ( NNS dividends ) ) ) ( PP-TMP ( IN as ) ( IN of ) ( NP ( JJ next ) ( NNP Jan. ) ( CD 1 ) ) ) ) ) ) ( PP-CLR ( IN for ) ( NP ( CD one ) ( NNP Navigation ) ( NNP Mixte ) ( NN share ) ) ) ) ) ) ) ) )

Alternatively it said it would offer three Paribas shares themselves eligible for dividends as of next Jan. 1 for one Navigation Mixte share


( S ( S ( NP-SBJ ( NNP Paribas ) ( NNS shares ) ) ( VP ( VBD closed ) ( ADVP-CLR ( RB down ) ( NP ( CD 30 ) ( NNS francs ) ) ) ( PP-CLR ( IN at ) ( NP ( CD 610 ) ( NNS francs ) ) ) ) ) ( CC and ) ( S ( NP-SBJ-1 ( NNP Navigation ) ( NNP Mixte ) ( NNS shares ) ) ( VP ( VBD were ) ( VP ( VBN suspended ) ( PP-CLR ( IN at ) ( NP ( CD 1,800 ) ( NNS francs ) ) ) ( PP ( VBG pending ) ( NP ( NP ( DT the ) ( NN outcome ) ) ( PP ( IN of ) ( NP ( DT the ) ( NN bid ) ) ) ) ) ) ) ) )

Paribas shares closed down 30 francs at 610 francs and Navigation Mixte shares were suspended at 1,800 francs pending the outcome of the bid


( S ( NP-SBJ ( NNP Paribas ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( PRP it ) ) ( VP ( MD would ) ( VP ( VB publish ) ( NP ( NP ( NNS details ) ) ( PP ( IN of ) ( NP ( PRP$ its ) ( NN bid ) ) ) ) ( SBAR-TMP ( IN once ) ( S ( NP-SBJ ( NNS authorities ) ) ( VP ( VBP clear ) ( NP ( PRP it ) ) ) ) ) ) ) ) ) ) )

Paribas said it would publish details of its bid once authorities clear it


( S ( NP-SBJ ( DT This ) ) ( VP ( VBZ is ) ( NP-PRD ( NP ( CD one ) ) ( PP ( IN of ) ( NP ( NP ( DT the ) ( JJ first ) ( NNS bids ) ) ( PP ( IN under ) ( NP ( NP ( JJ new ) ( NN takeover ) ( NNS rules ) ) ( VP ( VBN aimed ) ( PP-CLR ( IN at ) ( S-NOM ( VP ( VBG encouraging ) ( NP ( NP ( JJ open ) ( NNS bids ) ) ( PP ( RB instead ) ( IN of ) ( NP ( NP ( JJ gradual ) ( NN accumulation ) ) ( PP ( IN of ) ( NP ( JJ large ) ( NNS stakes ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

This is one of the first bids under new takeover rules aimed at encouraging open bids instead of gradual accumulation of large stakes


( S ( NP-SBJ ( DT Some ) ( JJ financial ) ( NNS sources ) ) ( VP ( VBD said ) ( ADVP ( RB privately ) ) ( SBAR ( IN that ) ( S ( NP-SBJ ( NNP Paribas ) ) ( VP ( VBD blundered ) ( PP-LOC ( IN in ) ( S-NOM ( VP ( VBG failing ) ( S ( VP ( TO to ) ( VP ( VB move ) ( ADVP-TMP ( RBR sooner ) ) ( PP-CLR ( IN for ) ( NP ( DT the ) ( UCP ( NN insurance ) ( CC and ) ( JJ industrial ) ) ( NN group ) ) ) ) ) ) ) ) ) ( S-ADV ( VP ( VBG bidding ) ( SBAR-TMP ( RB only ) ( IN after ) ( S ( NP-SBJ ( NN speculation ) ) ( VP ( VBD had ) ( VP ( VBN pushed ) ( PRT ( RP up ) ) ( NP ( DT the ) ( NN price ) ) ) ) ) ) ) ) ) ) ) ) )

Some financial sources said privately that Paribas blundered in failing to move sooner for the insurance and industrial group bidding only after speculation had pushed up the price


( S ( NP-SBJ ( NNP Mr. ) ( NNP Francois-Poncet ) ) ( VP ( VBD responded ) ( SBAR ( IN that ) ( S ( NP-SBJ-1 ( PRP$ his ) ( NN group ) ) ( ADVP-TMP ( RB initially ) ) ( VP ( VBD intended ) ( S ( VP ( TO to ) ( VP ( VB take ) ( NP ( RB only ) ( DT a ) ( NN minority ) ( NN stake ) ) ( S-ADV ( VP ( VBG striking ) ( NP-CLR ( DT an ) ( NN alliance ) ) ( PP-CLR ( IN with ) ( NP ( JJ current ) ( NN management ) ) ) ) ) ) ) ) ) ) ) ) )

Mr. Francois-Poncet responded that his group initially intended to take only a minority stake striking an alliance with current management


( S-3 ( SBAR-TMP ( WHADVP-1 ( WRB When ) ) ( S ( NP-SBJ-2 ( ADJP ( RB notoriously ) ( JJ independent-minded ) ) ( NNP Navigation ) ( NNP Mixte ) ( NNP Chairman ) ( NNP Marc ) ( NNP Fournier ) ) ( VP ( VP ( VBD rejected ) ( NP ( NP ( NNP Paribas ) ( POS 's ) ) ( NN offer ) ) ) ( CC and ) ( VP ( VBD began ) ( S ( VP ( VBG buying ) ( NP ( NNP Paribas ) ( NNS shares ) ) ( PP ( IN in ) ( NP ( NN retaliation ) ) ) ) ) ) ) ) ) ( PRN ( S ( NP-SBJ ( NNP Mr. ) ( NNP Francois-Poncet ) ) ( VP ( VBD said ) ) ) ) ( NP-SBJ-4 ( PRP he ) ) ( VP ( VBD felt ) ( ADJP-PRD ( JJ obliged ) ( S ( VP ( TO to ) ( VP ( VB bid ) ( PP-CLR ( IN for ) ( NP ( NN control ) ) ) ) ) ) ) ) )

When notoriously independent-minded Navigation Mixte Chairman Marc Fournier rejected Paribas 's offer and began buying Paribas shares in retaliation Mr. Francois-Poncet said he felt obliged to bid for control


( S ( NP-SBJ ( PRP He ) ) ( VP ( VBD told ) ( NP ( NNS reporters ) ) ( SBAR ( S ( NP-SBJ ( PRP he ) ) ( VP ( VBD had ) ( NP ( NN information ) ( SBAR ( IN that ) ( S ( NP-SBJ-1 ( NNP Mr. ) ( NNP Fournier ) ) ( VP ( VBD was ) ( VP ( VBG preparing ) ( S ( VP ( TO to ) ( VP ( VB buy ) ( NP ( NP ( QP ( RB as ) ( JJ much ) ( IN as ) ( CD 20 ) ) ( NN % ) ) ( PP ( IN of ) ( NP ( NNP Paribas ) ) ) ( ADVP ( RB up ) ( PP ( IN from ) ( NP ( QP ( JJR less ) ( IN than ) ( CD 5 ) ) ( NN % ) ) ( ADVP-TMP ( RB currently ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

He told reporters he had information that Mr. Fournier was preparing to buy as much as 20 % of Paribas up from less than 5 % currently


( S ( NP-SBJ ( NP ( DT A ) ( NN bid ) ) ( PP ( IN against ) ( NP ( NNP Paribas ) ) ) ) ( VP ( MD could ) ( RB n't ) ( VP ( VB be ) ( VP ( VBN ruled ) ( PRT ( RP out ) ) ) ) ) )

A bid against Paribas could n't be ruled out


( S ( NP-SBJ ( NP ( NP ( NNP France ) ( POS 's ) ) ( JJ second-largest ) ( JJ government-owned ) ( NN insurance ) ( NN company ) ) ( NP ( NNP Assurances ) ( NNP Generales ) ( NNP de ) ( NNP France ) ) ) ( VP ( VBZ has ) ( VP ( VBN been ) ( VP ( VBG building ) ( NP ( NP ( PRP$ its ) ( JJ own ) ( NNP Navigation ) ( NNP Mixte ) ( NN stake ) ) ( VP ( ADVP-TMP ( RB currently ) ) ( VBN thought ) ( S ( VP ( TO to ) ( VP ( VB be ) ( PP-PRD ( IN between ) ( NP ( NP ( CD 8 ) ( NN % ) ) ( CC and ) ( NP ( CD 10 ) ( NN % ) ) ) ) ) ) ) ) ) ) ) ) )

France 's second-largest government-owned insurance company Assurances Generales de France has been building its own Navigation Mixte stake currently thought to be between 8 % and 10 %


( S ( S ( NP-SBJ ( NNS Analysts ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( PRP they ) ) ( VP ( VBP do ) ( RB n't ) ( VP ( VB think ) ( SBAR ( S ( NP-SBJ ( PRP it ) ) ( VP ( VBZ is ) ( VP ( VBG contemplating ) ( NP ( DT a ) ( NN takeover ) ) ) ) ) ) ) ) ) ) ) ) ( ADVP ( RB however ) ) ( CC and ) ( S ( NP-SBJ-1 ( PRP$ its ) ( NNS officials ) ) ( VP ( MD could ) ( RB n't ) ( VP ( VB be ) ( VP ( VBN reached ) ) ) ) ) )

Analysts said they do n't think it is contemplating a takeover however and its officials could n't be reached


( S ( NP-SBJ ( NP ( DT A ) ( NN decline ) ) ( PP-LOC ( IN in ) ( NP ( NP ( NNP Allied-Signal ) ( NNP Inc. ) ( POS 's ) ) ( JJ automotive ) ( NN business ) ) ) ) ( VP ( VBD contributed ) ( PP-CLR ( TO to ) ( NP ( NP ( NP ( JJ flat ) ( NNS sales ) ) ( CC and ) ( NP ( ADJP ( RB only ) ( RB slightly ) ( JJR higher ) ) ( NNS earnings ) ) ) ( PP-TMP ( IN in ) ( NP ( DT the ) ( JJ third ) ( NN quarter ) ) ) ) ) ) )

A decline in Allied-Signal Inc. 's automotive business contributed to flat sales and only slightly higher earnings in the third quarter


( S ( NP-SBJ ( NNP Allied-Signal ) ) ( VP ( VBD reported ) ( SBAR ( DT that ) ( S ( NP-SBJ ( NN net ) ) ( VP ( VBD rose ) ( NP-EXT ( CD 1.7 ) ( NN % ) ) ( PP-DIR ( TO to ) ( NP ( NP ( QP ( CD 121 ) ( CD million ) ) ) ( CC or ) ( NP ( NP ( CD 81 ) ( NNS cents ) ) ( NP-ADV ( DT a ) ( NN share ) ) ) ) ) ( PP-DIR ( IN from ) ( NP ( NP ( QP ( CD 119 ) ( CD million ) ) ) ( CC or ) ( NP ( NP ( CD 80 ) ( NNS cents ) ) ( NP-ADV ( DT a ) ( NN share ) ) ) ) ( NP-TMP ( DT the ) ( NN year ) ( RBR earlier ) ) ) ) ) ) ) )

Allied-Signal reported that net rose 1.7 % to 121 million or 81 cents a share from 119 million or 80 cents a share the year earlier


( S ( NP-SBJ ( NNS Sales ) ) ( VP ( VBD slipped ) ( NP-EXT ( CD 1.3 ) ( NN % ) ) ( PP-DIR ( TO to ) ( NP ( QP ( CD 2.82 ) ( CD billion ) ) ) ) ( PP-DIR ( IN from ) ( NP ( QP ( CD 2.86 ) ( CD billion ) ) ) ) ) )

Sales slipped 1.3 % to 2.82 billion from 2.86 billion


( S ( PP ( IN For ) ( NP ( DT the ) ( CD nine ) ( NNS months ) ) ) ( NP-SBJ ( NP ( DT the ) ( ADJP ( NNP Morris ) ( NNP Township ) ( JJ N.J.-based ) ) ( NN company ) ) ( PP ( IN with ) ( NP ( NP ( NNS businesses ) ) ( PP ( IN in ) ( NP ( NP ( NN aerospace ) ) ( NP ( JJ automotive ) ( NNS products ) ) ( CC and ) ( NP ( JJ engineered ) ( NNS materials ) ) ) ) ) ) ) ( VP ( VBD earned ) ( NP ( NP ( NP ( QP ( CD 413 ) ( CD million ) ) ) ( CC or ) ( NP ( NP ( CD 2.77 ) ( NNS cents ) ) ( NP-ADV ( DT a ) ( NN share ) ) ) ) ( ADVP ( RB up ) ( NP ( CD 15 ) ( NN % ) ) ( PP ( IN from ) ( NP ( NP ( QP ( CD 359 ) ( CD million ) ) ) ( CC or ) ( NP ( NP ( CD 2.40 ) ) ( NP-ADV ( DT a ) ( NN share ) ) ) ) ) ) ) ) )

For the nine months the Morris Township N.J.-based company with businesses in aerospace automotive products and engineered materials earned 413 million or 2.77 cents a share up 15 % from 359 million or 2.40 a share


( S ( NP-SBJ ( NNS Sales ) ) ( VP ( VBD eased ) ( NP-EXT ( CD 0.2 ) ( NN % ) ) ( PP-DIR ( TO to ) ( NP ( QP ( CD 8.88 ) ( CD billion ) ) ) ) ( PP-DIR ( IN from ) ( NP ( QP ( CD 8.90 ) ( CD billion ) ) ) ) ) )

Sales eased 0.2 % to 8.88 billion from 8.90 billion


( S ( NP-SBJ ( NNP Chairman ) ( NNP Edward ) ( NNP L. ) ( NNP Hennessy ) ( NNP Jr. ) ) ( VP ( VBD said ) ( SBAR ( IN that ) ( S ( NP-SBJ ( NP ( DT a ) ( NN drop ) ) ( PP ( IN in ) ( NP ( NP ( NNS sales ) ) ( PP ( IN of ) ( NP ( NN auto ) ( CC and ) ( NN truck ) ( NNS parts ) ) ) ) ) ) ( VP ( VBD contributed ) ( PP-CLR ( TO to ) ( NP ( NP ( JJR lower ) ( NNS earnings ) ) ( PP-LOC ( IN in ) ( NP ( DT the ) ( JJ automotive ) ( NN unit ) ) ) ) ) ) ) ) ) )

Chairman Edward L. Hennessy Jr. said that a drop in sales of auto and truck parts contributed to lower earnings in the automotive unit


( S ( NP-SBJ ( PRP He ) ) ( ADVP ( RB also ) ) ( VP ( VBD cited ) ( NP ( NP ( JJ unfavorable ) ( NN foreign-exchange ) ( NNS rates ) ) ( CC and ) ( NP ( DT a ) ( JJR lower ) ( NN tax ) ( NN rate ) ) ) ) )

He also cited unfavorable foreign-exchange rates and a lower tax rate


( S ( NP-SBJ ( NP ( NNS Earnings ) ) ( PP ( IN for ) ( NP ( DT the ) ( NN group ) ) ) ) ( VP ( VBD declined ) ( PP-DIR ( TO to ) ( NP ( QP ( CD 11 ) ( CD million ) ) ) ) ( PP-DIR ( IN from ) ( NP ( QP ( CD 33 ) ( CD million ) ) ) ( NP-TMP ( JJ last ) ( NN year ) ) ) ) )

Earnings for the group declined to 11 million from 33 million last year


( S ( NP-SBJ ( NP ( NNS Earnings ) ) ( PP-LOC ( IN at ) ( NP ( NP ( NNP Allied-Signal ) ( POS 's ) ) ( JJ aerospace ) ( NN business ) ) ) ) ( VP ( VBD rose ) ( PP-DIR ( TO to ) ( NP ( QP ( CD 55 ) ( CD million ) ) ) ) ( PP-DIR ( IN from ) ( NP ( QP ( CD 41 ) ( CD million ) ) ) ( ADVP-TMP ( NP ( DT a ) ( NN year ) ) ( RB ago ) ) ) ( PP ( ADVP ( RB primarily ) ) ( IN on ) ( NP ( NP ( JJR higher ) ( NNS sales ) ( CC and ) ( NN profit ) ) ( PP ( IN in ) ( NP ( PRP$ its ) ( NX ( NX ( NNS engines ) ) ( CC and ) ( NX ( JJ auxiliary ) ( NN power ) ( NNS units ) ) ) ) ) ) ) ) )

Earnings at Allied-Signal 's aerospace business rose to 55 million from 41 million a year ago primarily on higher sales and profit in its engines and auxiliary power units


( S ( PP-LOC ( IN In ) ( NP ( NNP New ) ( NNP York ) ( NNP Stock ) ( NNP Exchange ) ( JJ composite ) ( NN trading ) ) ) ( NP-TMP ( NN yesterday ) ) ( NP-SBJ ( NNP Allied-Signal ) ( NNS shares ) ) ( VP ( VBD closed ) ( PP-CLR ( IN at ) ( NP ( CD 35.125 ) ) ) ( ADVP ( RB off ) ( NP ( CD 87.5 ) ( NNS cents ) ) ) ) )

In New York Stock Exchange composite trading yesterday Allied-Signal shares closed at 35.125 off 87.5 cents


( S ( SBAR-TMP ( WHADVP-1 ( WRB When ) ) ( S ( ADVP ( RB last ) ) ( NP-SBJ ( PRP we ) ) ( VP ( VBD left ) ( NP ( PRP him ) ) ) ) ) ( NP-SBJ ( NNP FBI ) ( NNP Agent ) ( NNP Nick ) ( NNP Mancuso ) ) ( VP ( VBD had ) ( VP ( VP ( VBN solved ) ( NP ( DT a ) ( NN murder ) ( NN mystery ) ) ) ( VP ( VBN unraveled ) ( NP ( DT a ) ( NNP Washington ) ( JJ political ) ( NN scandal ) ) ) ( CC and ) ( VP ( VBN racked ) ( PRT ( RP up ) ) ( NP ( DT some ) ( ADJP ( JJ pretty ) ( JJ good ) ) ( NNS ratings ) ( NNS numbers ) ) ( PP-LOC ( IN in ) ( NP ( NP ( DT the ) ( NNS miniseries ) ) ( NP-TTL ( NNP Favorite ) ( NNP Son ) ) ) ) ) ) ) )

When last we left him FBI Agent Nick Mancuso had solved a murder mystery unraveled a Washington political scandal and racked up some pretty good ratings numbers in the miniseries Favorite Son


( FRAG ( WHNP ( WP What ) ( RB next ) ) ( PP ( IN for ) ( NP ( NP ( DT the ) ( JJ crusty ) ( NNP FBI ) ( NN agent ) ) ( PP ( IN with ) ( NP ( NP ( DT the ) ( NN heart ) ) ( PP ( IN of ) ( NP ( NN gold ) ) ) ) ) ) ) )

What next for the crusty FBI agent with the heart of gold


( FRAG ( NP ( DT A ) ( NN spinoff ) ( NN series ) ) ( PP ( IN of ) ( NP ( NN course ) ) ) )

A spinoff series of course


( S ( S ( NP-SBJ ( EX There ) ) ( VP ( VBP are ) ( NP-PRD ( NP ( NN plenty ) ) ( PP ( IN of ) ( NP ( NP ( JJR worse ) ( NNS inspirations ) ) ( PP ( IN for ) ( NP ( NNS shows ) ) ) ) ) ) ) ) ( CC and ) ( S ( NP-SBJ ( NP ( JJS most ) ) ( PP ( IN of ) ( NP ( PRP them ) ) ) ) ( VP ( VBD had ) ( ADVP ( RB already ) ) ( VP ( VBN made ) ( NP ( DT the ) ( NN fall ) ( NN lineup ) ) ) ) ) )

There are plenty of worse inspirations for shows and most of them had already made the fall lineup


( NP ( NP ( DT a ) ( NN nun ) ) ( VP ( VBG raising ) ( NP ( DT some ) ( JJ lovable ) ( NNS orphans ) ) ) )

a nun raising some lovable orphans


( NP ( NP ( DT A ) ( NN den ) ( NN mother ) ) ( VP ( VBG raising ) ( NP ( DT some ) ( JJ lovable ) ( NN teen ) ( NNS models ) ) ) )

A den mother raising some lovable teen models


( NP ( NP ( NP ( DT A ) ( NN bunch ) ) ( PP ( IN of ) ( NP ( NP ( NNS tans ) ) ( CC and ) ( NP ( NN bathing ) ( NNS suits ) ) ) ) ) ( VP ( VBG posing ) ( PP-CLR ( IN as ) ( NP ( JJ lovable ) ( NNS lifeguards ) ) ) ) )

A bunch of tans and bathing suits posing as lovable lifeguards


( S ( PP-LOC ( IN In ) ( NP ( DT that ) ( NN context ) ) ) ( NP-SBJ ( NP ( NP ( NNP Robert ) ( NNP Loggia ) ( POS 's ) ) ( JJ riveting ) ( NN performance ) ) ( PP ( IN as ) ( NP ( DT the ) ( JJ unlovable ) ( PRN ( RB even ) ( ADJP ( JJ crotchety ) ) ) ( JJ veteran ) ( NN agent ) ) ) ) ( VP ( VBZ seems ) ( NP-PRD ( NP ( DT a ) ( JJR better ) ( NN franchise ) ) ( PP ( IN for ) ( NP ( DT a ) ( NN series ) ) ) ( PP ( IN than ) ( NP ( JJS most ) ) ) ) ) )

In that context Robert Loggia 's riveting performance as the unlovable even crotchety veteran agent seems a better franchise for a series than most


( S ( NP-TMP ( NP ( NN Week ) ) ( PP ( IN by ) ( NP ( NN week ) ) ) ) ( PP-LOC ( IN on ) ( NP ( NP-TTL ( NNP Mancuso ) ( NNP FBI ) ) ( PRN ( NP ( NNP NBC ) ) ( NP-TMP ( NP ( NNP Fridays ) ) ( NP ( CD 10 ) ( RB p.m ) ( NNP ET ) ) ) ) ) ) ( NP-SBJ ( NP ( PRP he ) ) ) ( VP ( VBZ pokes ) ( PP-CLR ( IN around ) ( NP ( NP ( DT the ) ( NN crime ) ( NNS styles ) ) ( PP ( IN of ) ( NP ( NP ( DT the ) ( ADJP ( JJ rich ) ( JJ famous ) ( CC and ) ( JJ powerful ) ) ) ( PP ( IN of ) ( NP ( DT the ) ( NNP Washington ) ( NN scene ) ) ) ) ) ) ) ( NP-1 ( NP ( DT a ) ( JJ loose ) ( NN cannon ) ) ( PP-LOC ( IN on ) ( NP ( NN deck ) ) ) ( PP-LOC ( IN at ) ( NP ( DT the ) ( NNP FBI ) ) ) ) ) )

Week by week on Mancuso FBI NBC Fridays 10 p.m ET he pokes around the crime styles of the rich famous and powerful of the Washington scene a loose cannon on deck at the FBI


( S ( PP-TMP ( IN Over ) ( NP ( DT the ) ( JJ first ) ( JJ few ) ( NNS weeks ) ) ) ( NP-TTL-SBJ ( NNP Mancuso ) ( NNP FBI ) ) ( VP ( VP ( VBZ has ) ( VP ( VBN sprung ) ( PP-DIR ( ADVP ( RB straight ) ) ( IN from ) ( NP ( DT the ) ( NNS headlines ) ) ) ) ) ( SBAR ( WHNP-1 ( WDT which ) ) ( S ( VP ( VBZ is ) ( NP-PRD ( RB either ) ( NP ( NP ( DT a ) ( JJ commendable ) ( NN stab ) ) ( PP ( IN at ) ( NP ( NN topicality ) ) ) ) ( CC or ) ( NP ( NP ( DT a ) ( NN lack ) ) ( PP ( IN of ) ( NP ( NN imagination ) ) ) ) ( CC or ) ( NP ( DT both ) ) ) ) ) ) ) )

Over the first few weeks Mancuso FBI has sprung straight from the headlines which is either a commendable stab at topicality or a lack of imagination or both


( S ( NP-SBJ ( DT The ) ( VBG opening ) ( NN show ) ) ( VP ( VBD featured ) ( NP ( NP ( DT a ) ( NAC ( NN secretary ) ( PP ( IN of ) ( NP ( NN defense ) ) ) ) ( JJ designate ) ) ( VP ( VBN accused ) ( PP-CLR ( IN of ) ( S-NOM ( VP ( VBG womanizing ) ( PRN ( PP ( FW a ) ( FW la ) ( NP ( NNP John ) ( NNP Tower ) ) ) ) ) ) ) ) ) ) )

The opening show featured a secretary of defense designate accused of womanizing a la John Tower


( S ( SBAR-TMP ( WHADVP-2 ( WRB When ) ) ( S ( NP-SBJ-1 ( PRP$ his ) ( NN secretary ) ) ( VP ( VBZ is ) ( VP ( VBN found ) ( S ( VP ( VBG floating ) ( S-ADV ( ADJP-PRD ( JJ dead ) ) ) ( PP-LOC ( IN in ) ( NP ( NP ( DT the ) ( NN pol ) ( POS 's ) ) ( NN pool ) ) ) ) ) ) ) ) ) ( NP-SBJ-4 ( NNP Mancuso ) ) ( VP ( VBZ is ) ( VP ( VBN called ) ( PRT ( RP in ) ) ( S ( VP ( TO to ) ( VP ( VB investigate ) ) ) ) ) ) )

When his secretary is found floating dead in the pol 's pool Mancuso is called in to investigate


( S ( NP-TMP ( JJ Last ) ( NN week ) ) ( NP-SBJ ( DT a ) ( JJ young ) ( JJ black ) ( NN girl ) ) ( VP ( VBD claimed ) ( SBAR ( S ( NP-SBJ-1 ( PRP she ) ) ( VP ( VBD had ) ( VP ( VBN been ) ( VP ( VBN raped ) ( PP ( IN by ) ( NP-LGS ( DT a ) ( JJ white ) ( NN police ) ( NN officer ) ) ) ( PRN ( PP ( FW a ) ( FW la ) ( NP ( NNP Tawana ) ( NNP Brawley ) ) ) ) ) ) ) ) ) ) )

Last week a young black girl claimed she had been raped by a white police officer a la Tawana Brawley


( S ( PP-LOC ( IN In ) ( NP ( NP ( DT this ) ( NN week ) ( POS 's ) ) ( NN show ) ) ) ( NP-SBJ ( EX there ) ) ( VP ( VBZ 's ) ( NP-PRD ( DT an ) ( JJ unsafe ) ( JJ nuclear ) ( NN weaponsmaking ) ( NN facility ) ) ( PRN ( PP ( FW a ) ( FW la ) ( NP ( NNP Rocky ) ( NNP Flats ) ) ) ) ) )

In this week 's show there 's an unsafe nuclear weaponsmaking facility a la Rocky Flats


( S ( PP-LOC ( IN Along ) ( NP ( DT the ) ( NN way ) ) ) ( NP-SBJ-2 ( PRP we ) ) ( VP ( VBP 're ) ( VP ( VBN introduced ) ( PP-CLR ( TO to ) ( NP ( NP ( DT the ) ( JJ supporting ) ( NN cast ) ) ( NP ( NP ( NP ( DT a ) ( JJ blond ) ( NN bombshell ) ( NN secretary ) ) ( NP ( NNP Randi ) ( NNP Brazen ) ) ( PRN ( FRAG ( NP ( PRP$ her ) ( JJ real ) ( NN name ) ) ( ADVP ( JJ honest ) ) ) ) ) ( NP ( NP ( DT a ) ( JJ scheming ) ( JJ young ) ( NN boss ) ) ( NP ( NNP Fredric ) ( NNP Lehne ) ) ) ( NP ( NP ( NP ( DT another ) ( JJ blonde ) ( NN bombshell ) ) ( SBAR ( WHNP-1 ( WP who ) ) ( S ( VP ( VBZ 's ) ( ADVP ( RB also ) ) ( NP-PRD ( DT an ) ( JJ idealistic ) ( NN lawyer ) ) ) ) ) ) ( NP ( NNP Lindsay ) ( NNP Frost ) ) ) ( CC and ) ( NP ( NP ( DT a ) ( NNS forensics ) ( NN expert ) ) ( NP ( NNP Charles ) ( NNP Siebert ) ) ) ) ) ) ) ) )

Along the way we 're introduced to the supporting cast a blond bombshell secretary Randi Brazen her real name honest a scheming young boss Fredric Lehne another blonde bombshell who 's also an idealistic lawyer Lindsay Frost and a forensics expert Charles Siebert


( S ( SBAR-ADV ( IN If ) ( S ( NP-SBJ ( NP ( DT all ) ) ( PP ( IN of ) ( NP ( DT this ) ) ) ) ( VP ( VBZ seems ) ( NP-PRD ( DT a ) ( JJ little ) ( JJ stale ) ) ) ) ) ( NP-SBJ-1 ( PRP it ) ) ( VP ( VBZ 's ) ( VP ( VBN redeemed ) ( PP ( IN in ) ( NP ( NN part ) ) ) ( PP ( IN by ) ( NP-LGS ( DT some ) ( JJ tricky ) ( NN plot ) ( NNS twists ) ) ) ) ) )

If all of this seems a little stale it 's redeemed in part by some tricky plot twists


( S ( NP-SBJ-1 ( DT The ) ( JJ usual ) ( NNS suspects ) ) ( VP ( VBP are ) ( VP ( VBN found ) ( S ( VP ( TO to ) ( VP ( VB be ) ( ADJP-PRD ( ADJP ( JJ guilty ) ) ( RB then ) ( ADJP ( RB not ) ( JJ guilty ) ) ( RB then ) ( ADJP ( JJ guilty ) ( PP ( CC but ) ( PP ( IN of ) ( NP ( DT a ) ( JJ different ) ( NN crime ) ) ) ) ) ) ) ) ) ) ) )

The usual suspects are found to be guilty then not guilty then guilty but of a different crime


( S ( PP-LOC ( IN In ) ( NP ( NP ( JJ last ) ( NN week ) ( POS 's ) ) ( NN rape ) ( NN case ) ) ) ( PP ( IN for ) ( NP ( NN example ) ) ) ( S ( NP-SBJ-2 ( DT the ) ( NN girl ) ) ( VP ( VBZ turns ) ( PRT ( RP out ) ) ( S ( VP ( TO to ) ( VP ( VB have ) ( VP ( VBN been ) ( NP-PRD ( NP ( DT a ) ( NN victim ) ) ( PP ( IN of ) ( NP ( NN incest ) ) ) ) ) ) ) ) ) ) ( CC and ) ( S ( NP-SBJ ( DT the ) ( JJS biggest ) ( NNS villains ) ) ( VP ( VBP are ) ( NP-PRD ( NP ( DT the ) ( NNS politicians ) ) ( SBAR ( WHNP-1 ( WP who ) ) ( S ( VP ( VBP exploit ) ( NP ( DT the ) ( NN case ) ) ) ) ) ) ) ) )

In last week 's rape case for example the girl turns out to have been a victim of incest and the biggest villains are the politicians who exploit the case


( S ( NP-ADV ( NP ( RBS Most ) ) ( PP ( IN of ) ( NP ( DT all ) ) ) ) ( ADVP ( RB though ) ) ( NP-SBJ-1 ( DT the ) ( NN show ) ) ( VP ( VBZ is ) ( VP ( VBN redeemed ) ( PP ( IN by ) ( NP-LGS ( NP ( DT the ) ( NN character ) ) ( PP ( IN of ) ( NP ( NNP Mancuso ) ) ) ) ) ) ) )

Most of all though the show is redeemed by the character of Mancuso


( S ( SBAR-NOM-SBJ ( WHNP-2 ( WP What ) ) ( S ( VP ( VBZ makes ) ( S ( NP-SBJ ( DT the ) ( JJ veteran ) ( NNP FBI ) ( NN man ) ) ( ADJP-PRD ( RB so ) ( JJ endearing ) ) ) ) ) ) ( VP ( VBZ is ) ( NP-PRD ( NP ( PRP$ his ) ( JJ hard-bitten ) ( NN cynicism ) ) ( VP ( VBN earned ) ( PRN ( S ( NP-SBJ ( PRP we ) ) ( VP ( VBP discover ) ) ) ) ( SBAR-TMP ( WHADVP-3 ( WRB when ) ) ( S ( NP-SBJ-1 ( PRP he ) ) ( VP ( VBD was ) ( VP ( VBN assigned ) ( PP-CLR ( TO to ) ( NP ( DT the ) ( JJ civil ) ( NNS rights ) ( NN movement ) ) ) ( ADVP-TMP ( RB back ) ( PP ( IN in ) ( NP ( DT the ) ( NNS 1960s ) ) ) ) ) ) ) ) ) ) ) )

What makes the veteran FBI man so endearing is his hard-bitten cynicism earned we discover when he was assigned to the civil rights movement back in the 1960s


( S ( S ( NP-SBJ ( PRP He ) ) ( VP ( VBD was ) ( RB n't ) ( VP ( VBG protecting ) ( NP ( DT the ) ( NNP Freedom ) ( NNPS Marchers ) ) ) ) ) ( S ( NP-SBJ ( PRP he ) ) ( VP ( VBD was ) ( VP ( VBG tailing ) ( NP ( PRP them ) ) ( PP-CLR ( IN as ) ( NP ( NNS subversives ) ) ) ) ) ) )

He was n't protecting the Freedom Marchers he was tailing them as subversives


( S ( S ( NP-SBJ ( DT This ) ) ( VP ( VBZ is ) ( RB not ) ( NP-PRD ( NP ( DT the ) ( NNP Mississippi ) ( NN Burning ) ( NN scenario ) ) ( SBAR ( WHNP-1 ( WDT that ) ) ( S ( VP ( VBZ thrills ) ( NP ( PRP$ his ) ( JJ young ) ( NNS colleagues ) ) ) ) ) ) ) ) ( S ( S-2 ( NP-VOC ( NN Kid ) ) ( NP-SBJ ( PRP you ) ) ( VP ( VBP 've ) ( VP ( VBN been ) ( VP ( VBG reading ) ( NP ( NNP Classic ) ( NNPS Comics ) ) ( ADVP-TMP ( RB too ) ( JJ long ) ) ) ) ) ) ( NP-SBJ ( NN Mancuso ) ) ( VP ( VBZ says ) ) ) )

This is not the Mississippi Burning scenario that thrills his young colleagues Kid you 've been reading Classic Comics too long Mancuso says


( S ( PP ( RB Back ) ( IN in ) ( NP ( CD 1964 ) ) ) ( NP-SBJ ( DT the ) ( NNP FBI ) ) ( VP ( VBD had ) ( NP ( CD five ) ( JJ black ) ( NNS agents ) ) ) )

Back in 1964 the FBI had five black agents


( S ( S ( NP-SBJ ( CD Three ) ) ( VP ( VBD were ) ( NP-PRD ( NP ( NNS chauffeurs ) ) ( PP ( IN for ) ( NP ( NNP J. ) ( NNP Edgar ) ( NNP Hoover ) ) ) ) ) ) ( CC and ) ( S ( NP-SBJ ( CD two ) ) ( VP ( VBD cleaned ) ( NP ( PRP$ his ) ( NN house ) ) ) ) )

Three were chauffeurs for J. Edgar Hoover and two cleaned his house


( SINV ( PP-LOC-PRD-TPC-1 ( IN At ) ( NP ( NP ( DT the ) ( NN core ) ) ( PP ( IN of ) ( NP ( NP ( NNP Mr. ) ( NNP Loggia ) ( POS 's ) ) ( NNP Mancuso ) ) ) ) ) ( VP ( VBZ is ) ) ( NP-SBJ ( PRP$ his ) ( JJ world-weary ) ( NN truculence ) ) )

At the core of Mr. Loggia 's Mancuso is his world-weary truculence


( S ( NP-SBJ ( PRP He ) ) ( VP ( VBZ describes ) ( NP ( DT a ) ( NN reporter ) ) ( PP-CLR ( IN as ) ( NP ( NNP Miss ) ( NNP First ) ( NNP Amendment ) ) ) ) )

He describes a reporter as Miss First Amendment


( S ( NP-SBJ ( PRP He ) ) ( VP ( VBZ describes ) ( NP ( DT a ) ( JJ drowned ) ( NN corpse ) ) ( PP-CLR ( IN as ) ( NP ( NNP Esther ) ( NNP Williams ) ) ) ) )

He describes a drowned corpse as Esther Williams


( S ( CC And ) ( SBAR-TMP ( WHADVP-1 ( WRB when ) ) ( S ( NP-SBJ ( PRP he ) ) ( VP ( VBZ 's ) ( VP ( VBN told ) ( S ( VP ( VB Try ) ( NP ( DT a ) ( JJ little ) ( NN tenderness ) ) ) ) ) ) ) ) ( NP-SBJ ( PRP he ) ) ( VP ( VBZ shoots ) ( PRT ( RP back ) ) ( S ( NP-SBJ-2 ( PRP I ) ) ( VP ( VBP 'm ) ( VP ( VBG going ) ( ADVP-DIR ( RB home ) ) ( S-PRP ( VP ( TO to ) ( VP ( VB try ) ( NP ( DT a ) ( JJ little ) ( NN linguine ) ) ) ) ) ) ) ) ) )

And when he 's told Try a little tenderness he shoots back I 'm going home to try a little linguine


( S ( CC Yet ) ( PP ( IN for ) ( NP ( PDT all ) ( PRP$ his ) ( NN cynicism ) ) ) ( NP-SBJ ( PRP he ) ) ( VP ( VBZ 's ) ( PP ( IN at ) ( NP ( NN heart ) ) ) ( NP-PRD ( NP ( DT a ) ( NN closet ) ( NN idealist ) ) ( NP ( NP ( DT a ) ( NN softy ) ) ( PP ( IN with ) ( NP ( NP ( DT a ) ( JJ secret ) ( NN crush ) ) ( PP ( IN on ) ( NP ( NP ( NN truth ) ) ( NP ( NN justice ) ) ( CC and ) ( NP ( DT the ) ( NNP American ) ( NNP Way ) ) ) ) ) ) ) ) ) )

Yet for all his cynicism he 's at heart a closet idealist a softy with a secret crush on truth justice and the American Way


( S ( NP-SBJ ( PRP He ) ) ( VP ( VBZ 's ) ( NP-PRD ( NP ( DT the ) ( NN kind ) ) ( PP ( IN of ) ( NP ( NN guy ) ) ) ( SBAR ( WHNP-1 ( WP who ) ) ( S ( VP ( VBZ rescues ) ( NP ( JJ trampled ) ( NNS flags ) ) ) ) ) ) ) )

He 's the kind of guy who rescues trampled flags


( S ( SBAR-ADV ( IN If ) ( S ( NP-TTL-SBJ ( NNP Mancuso ) ( NNP FBI ) ) ( VP ( VBZ has ) ( NP ( DT an ) ( JJ intriguing ) ( JJ central ) ( NN character ) ) ) ) ) ( NP-SBJ ( PRP it ) ) ( ADVP ( RB also ) ) ( VP ( VBZ has ) ( NP ( DT a ) ( JJ major ) ( NN flaw ) ) ) )

If Mancuso FBI has an intriguing central character it also has a major flaw


( S ( NP-SBJ ( PRP It ) ) ( VP ( VBZ 's ) ( ADJP-PRD ( RB wildly ) ( JJ overwritten ) ) ) )

It 's wildly overwritten


( S ( NP-SBJ ( NP ( NNP Executive ) ( NNP Producers ) ( NNP Steve ) ( NNP Sohmer ) ( CC and ) ( NNP Jeff ) ( NNP Bleckner ) ) ( CC and ) ( NP ( NNS writer\/producers ) ( NNP Ken ) ( NNP Solarz ) ( CC and ) ( NNP Steve ) ( NNP Bello ) ) ) ( VP ( VBP have ) ( VP ( VBN revved ) ( NP ( DT this ) ( NN show ) ) ( PRT ( RP up ) ) ( PP-CLR ( TO to ) ( NP ( DT the ) ( NN breaking ) ( NN point ) ) ) ) ) )

Executive Producers Steve Sohmer and Jeff Bleckner and writer\/producers Ken Solarz and Steve Bello have revved this show up to the breaking point


( S ( S-ADV ( VP ( TO To ) ( VP ( VB start ) ) ) ) ( S ( NP-SBJ ( EX there ) ) ( VP ( VBZ 's ) ( ADVP-TMP ( RB always ) ) ( NP-PRD ( DT a ) ( NN crisis ) ) ) ) ( CC and ) ( S ( NP-SBJ ( NN someone ) ) ( ADVP-TMP ( RB always ) ) ( VP ( VBZ worries ) ( FRAG ( WHNP ( WP What ) ) ( SBAR-ADV ( IN if ) ( S ( NP-SBJ ( DT the ) ( NN press ) ) ( VP ( VBZ gets ) ( NP-CLR ( DT a ) ( NN hold ) ) ( PP-CLR ( IN of ) ( NP ( DT this ) ) ) ) ) ) ) ) ) )

To start there 's always a crisis and someone always worries What if the press gets a hold of this


( S ( ADVP-TMP ( ADVP ( IN At ) ( JJS least ) ( RB once ) ) ( NP-ADV ( DT an ) ( NN episode ) ) ) ( NP-SBJ ( PRP we ) ) ( VP ( VBP see ) ( S ( NP-SBJ-1 ( NNS protestors ) ) ( VP ( VBG marching ) ( ADVP-DIR ( RB around ) ) ( S-ADV ( VP ( VBG screaming ) ( NP ( NNS slogans ) ) ) ) ) ) ) )

At least once an episode we see protestors marching around screaming slogans


( S ( ADVP-TMP ( IN At ) ( JJS least ) ( RB once ) ) ( NP-SBJ-1 ( NP ( NNP Mancuso ) ( POS 's ) ) ( NN boss ) ) ( VP ( VP ( VBZ yells ) ( FRAG ( PP-DIR ( IN In ) ( NP ( RB here ) ) ) ( ADVP-TMP ( RB now ) ) ) ) ( CC and ) ( VP ( VBZ proceeds ) ( S ( VP ( TO to ) ( VP ( VB dress ) ( NP ( PRP$ his ) ( NN investigator ) ) ( PRT ( RP down ) ) ) ) ) ) ) )

At least once Mancuso 's boss yells In here now and proceeds to dress his investigator down


( S ( NP-SBJ ( PRP You ) ) ( VP ( VBP are ) ( NP-PRD ( NP ( DT a ) ( NN dinosaur ) ) ( NP ( NP ( DT a ) ( NN hangover ) ) ( PP ( IN in ) ( NP ( DT a ) ( ADJP ( CD 10 ) ) ( NN suit ) ) ) ) ) ) )

You are a dinosaur a hangover in a 10 suit


( FRAG ( NP ( CD One ) ( JJR more ) ( NN word ) ) ( CC and ) ( S ( NP-SBJ ( PRP you ) ) ( VP ( VBP are ) ( ADVP-LOC-PRD ( IN out ) ( PP ( IN on ) ( NP ( DT a ) ( NN park ) ( NN bench ) ) ) ) ( NP-VOC ( NN mister ) ) ) ) )

One more word and you are out on a park bench mister


( S ( S ( ADVP-TMP ( RB Finally ) ) ( PP ( IN of ) ( NP ( NN course ) ) ) ( NP-SBJ ( DT the ) ( NN boss ) ) ( VP ( VBZ gives ) ( PRT ( RP in ) ) ) ) ( CC but ) ( S ( NP-SBJ ( PRP he ) ) ( VP ( VBZ 's ) ( ADVP ( RB still ) ) ( VP ( VBG yelling ) ( S ( S ( NP-SBJ ( PRP I ) ) ( VP ( VBP find ) ( S ( NP-SBJ ( PRP myself ) ) ( VP ( VBG explaining ) ( NP ( NN anything ) ) ( PP-CLR ( TO to ) ( NP ( NNP Teddy ) ( NNP Kennedy ) ) ) ) ) ) ) ( S ( NP-SBJ ( PRP you ) ) ( VP ( MD 'll ) ( VP ( VB be ) ( VP ( VBG chasing ) ( NP ( JJ stolen ) ( NNS cars ) ) ( PP-LOC ( IN in ) ( NP ( NNP Anchorage ) ) ) ) ) ) ) ) ) ) ) )

Finally of course the boss gives in but he 's still yelling I find myself explaining anything to Teddy Kennedy you 'll be chasing stolen cars in Anchorage


( S ( PP ( IN In ) ( NP ( NN fact ) ) ) ( PP-LOC ( IN throughout ) ( NP-TTL ( NNP Mancuso ) ( NNP FBI ) ) ) ( S ( NP-SBJ ( PRP we ) ) ( VP ( VBP do ) ( RB n't ) ( VP ( VB get ) ( NP ( NNS words ) ( CC or ) ( NNS lines ) ) ) ) ) ( S ( NP-SBJ ( PRP we ) ) ( VP ( VBP get ) ( NP ( NNS speeches ) ) ) ) )

In fact throughout Mancuso FBI we do n't get words or lines we get speeches


( S ( NP-SBJ ( NNS Witnesses ) ) ( VP ( VP ( VBP shout ) ) ( VP ( VBP scream ) ) ( VP ( VBP pontificate ) ) ( NP ( DT a ) ( NN dream ) ( SBAR ( IN that ) ( S ( NP-SBJ-1 ( DT the ) ( NN planet ) ) ( VP ( MD could ) ( VP ( VB be ) ( VP ( VBN saved ) ( PP-CLR ( PP ( IN from ) ( NP ( PRP itself ) ) ) ( CC and ) ( PP ( IN from ) ( NP ( NP ( DT the ) ( JJ sadistic ) ( JJ dumb ) ( NNS creatures ) ) ( SBAR ( WHNP-2 ( WP who ) ) ( S ( VP ( VBP try ) ( S ( VP ( TO to ) ( VP ( VB tear ) ( PRT ( RP down ) ) ( NP ( NP ( DT every ) ( JJ decent ) ( NN man ) ) ( SBAR ( WHNP-3 ( WP who ) ) ( S ( VP ( VBZ raises ) ( NP ( PRP$ his ) ( NN voice ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

Witnesses shout scream pontificate a dream that the planet could be saved from itself and from the sadistic dumb creatures who try to tear down every decent man who raises his voice


( S ( S ( CC And ) ( NP-SBJ ( NP ( NNP Mancuso ) ) ( NP ( PRP himself ) ) ) ( VP ( VBZ is ) ( VP ( VBG investigating ) ( PP-MNR ( IN at ) ( NP ( NP ( DT the ) ( NN top ) ) ( PP ( IN of ) ( NP ( PRP$ his ) ( NNS lungs ) ) ) ) ) ) ) ) ( S ( SBARQ-2 ( WHADVP-1 ( WRB How ) ( NP-ADV ( DT the ) ( NN hell ) ) ) ( SQ ( MD can ) ( NP-SBJ ( PRP you ) ) ( VP ( VB live ) ( PP-CLR ( IN with ) ( NP ( PRP yourself ) ) ) ) ) ) ( NP-SBJ ( PRP he ) ) ( VP ( VBZ erupts ) ( PP-CLR ( IN at ) ( NP ( DT a ) ( NN politician ) ) ) ) ) )

And Mancuso himself is investigating at the top of his lungs How the hell can you live with yourself he erupts at a politician


( S ( NP-SBJ ( PRP You ) ) ( VP ( VBP twist ) ( NP ( NP ( NNS people ) ( POS 's ) ) ( NN trust ) ) ) )

You twist people 's trust


( S ( NP-SBJ ( PRP You ) ) ( VP ( VBD built ) ( NP ( PRP$ your ) ( NN career ) ) ( PP-CLR ( IN on ) ( NP ( NN prejudice ) ( CC and ) ( NN hate ) ) ) ) )

You built your career on prejudice and hate