( S ( NP-SBJ-3 ( DT The ) ( NNP White ) ( NNP House ) ) ( VP ( VBZ has ) ( VP ( VBN decided ) ( S ( VP ( TO to ) ( VP ( VB seek ) ( NP ( NP ( NP ( NNS changes ) ) ( PP-LOC ( IN in ) ( NP ( NN pesticide ) ( NN law ) ) ) ) ( SBAR ( WHNP-2 ( WDT that ) ) ( S ( VP ( VBP are ) ( VP ( VBN aimed ) ( PP-CLR ( IN at ) ( S-NOM ( VP ( VBG speeding ) ( NP ( NP ( DT the ) ( NN removal ) ) ( PP ( IN of ) ( NP ( JJ harmful ) ( NNS chemicals ) ) ) ( PP ( IN from ) ( NP ( DT the ) ( NN food ) ( NN supply ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

The White House has decided to seek changes in pesticide law that are aimed at speeding the removal of harmful chemicals from the food supply


( S ( S-TPC-3 ( NP-SBJ ( NP ( DT The ) ( NNS changes ) ) ( SBAR ( WHNP-2 ( WDT which ) ) ( S ( VP ( MD could ) ( VP ( VB be ) ( VP ( VBN announced ) ( ADVP-TMP ( ADVP ( RB as ) ( RB early ) ) ( PP ( IN as ) ( NP ( NN today ) ) ) ) ) ) ) ) ) ) ( VP ( MD would ) ( VP ( VB apply ) ( PP-CLR ( TO to ) ( NP ( NP ( NNS pesticides ) ) ( CC and ) ( NP ( NP ( JJ other ) ( NNS substances ) ) ( VP ( VBN found ) ( PP-LOC-CLR ( IN on ) ( NP ( ADJP ( JJ fresh ) ( CC and ) ( JJ processed ) ) ( NNS foods ) ) ) ) ) ) ) ) ) ) ( NP-SBJ ( NNS officials ) ) ( VP ( VBD said ) ) )

The changes which could be announced as early as today would apply to pesticides and other substances found on fresh and processed foods officials said


( S ( NP-SBJ ( ADJP ( JJ East ) ( JJ German ) ) ( NN leader ) ( NNP Krenz ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ-1 ( PRP he ) ) ( VP ( VBD was ) ( ADJP-PRD ( JJ willing ) ( S ( VP ( TO to ) ( VP ( VB hold ) ( NP ( NP ( NNS talks ) ) ( PP ( IN with ) ( NP ( NP ( NN opposition ) ( NNS groups ) ) ( VP ( VBG pressing ) ( PP-CLR ( IN for ) ( NP ( JJ internal ) ( NNS changes ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

East German leader Krenz said he was willing to hold talks with opposition groups pressing for internal changes


( S ( NP-SBJ ( NP ( DT The ) ( NNP Communist ) ( NNP Party ) ( NN chief ) ) ( VP ( VBG facing ) ( SBAR-NOM ( WHNP-2 ( WP what ) ) ( S ( VP ( VBZ is ) ( VP ( VBN viewed ) ( PP-CLR ( IN as ) ( NP ( NP ( NP ( DT the ) ( NN nation ) ( POS 's ) ) ( JJS worst ) ( NN unrest ) ) ( PP-TMP ( IN in ) ( NP ( QP ( RB nearly ) ( CD 40 ) ) ( NNS years ) ) ) ) ) ) ) ) ) ) ) ( VP ( VP ( ADVP ( RB also ) ) ( VBD said ) ( SBAR ( S ( NP-SBJ ( PRP he ) ) ( VP ( MD would ) ( VP ( VB allow ) ( S ( NP-SBJ ( NNPS East ) ( NNPS Germans ) ) ( VP ( TO to ) ( VP ( VB travel ) ( ADVP-LOC-CLR ( RB abroad ) ) ( ADVP-MNR ( RBR more ) ( RB freely ) ) ) ) ) ) ) ) ) ) ( CC but ) ( VP ( VBD made ) ( S ( ADJP-PRD ( JJ clear ) ) ( SBAR-SBJ ( IN that ) ( S ( NP-SBJ ( DT the ) ( NNP Berlin ) ( NNP Wall ) ) ( VP ( MD would ) ( VP ( VB remain ) ) ) ) ) ) ) ) )

The Communist Party chief facing what is viewed as the nation 's worst unrest in nearly 40 years also said he would allow East Germans to travel abroad more freely but made clear that the Berlin Wall would remain


( S ( NP-SBJ ( DT A ) ( JJ Lebanese ) ( JJ Christian ) ( NN alliance ) ) ( VP ( VBD accepted ) ( NP ( NP ( DT an ) ( JJ Arab-sponsored ) ( NN proposal ) ) ( VP ( VBN aimed ) ( PP-CLR ( IN at ) ( S-NOM ( VP ( VBG ending ) ( NP ( NP ( NNP Lebanon ) ( POS 's ) ) ( JJ 14-year-old ) ( JJ civil ) ( NN war ) ) ) ) ) ) ) ) )

A Lebanese Christian alliance accepted an Arab-sponsored proposal aimed at ending Lebanon 's 14-year-old civil war


( S ( NP-SBJ ( NP ( DT The ) ( NN move ) ) ( PP ( IN by ) ( NP ( NP ( NP ( DT the ) ( NN coalition ) ) ( PP ( IN of ) ( NP ( JJ political ) ( NNS parties ) ) ) ) ( CC and ) ( NP ( NP ( NNP Lebanon ) ( POS 's ) ) ( JJS largest ) ( JJ Christian ) ( NN militia ) ) ) ) ) ( VP ( VBD isolated ) ( NP ( NP ( JJ military ) ( JJ chief ) ( NNP Aoun ) ) ( SBAR ( WHNP-1 ( WP who ) ) ( S ( VP ( VBZ has ) ( VP ( VBN rejected ) ( NP ( NP ( DT the ) ( NN plan ) ) ( SBAR ( WHNP-2 ( WDT which ) ) ( S ( VP ( VBZ includes ) ( NP ( NP ( JJ political ) ( NNS changes ) ) ( CC and ) ( NP ( NP ( DT a ) ( JJ Syrian ) ( NN troop ) ( NN withdrawal ) ) ( PP ( IN from ) ( NP ( NNP Beirut ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

The move by the coalition of political parties and Lebanon 's largest Christian militia isolated military chief Aoun who has rejected the plan which includes political changes and a Syrian troop withdrawal from Beirut


( S ( NP-SBJ-1 ( NNP Baker ) ) ( VP ( VBD offered ) ( S ( VP ( TO to ) ( VP ( VB review ) ( NP ( NP ( NP ( NNP Israel ) ( POS 's ) ) ( VBN suggested ) ( NNS changes ) ) ( PP ( TO to ) ( NP ( NP ( PRP$ his ) ( NN proposal ) ) ( PP ( IN for ) ( NP ( JJ direct ) ( JJ Israeli-Palestinian ) ( NNS talks ) ) ) ) ) ) ) ) ) ) )

Baker offered to review Israel 's suggested changes to his proposal for direct Israeli-Palestinian talks


( S ( CC But ) ( NP-SBJ ( NP ( DT the ) ( NN secretary ) ) ( PP ( IN of ) ( NP ( NN state ) ) ) ) ( VP ( VBD advised ) ( NP ( NNP Israel ) ) ( SBAR ( IN that ) ( S ( S-NOM-SBJ ( VP ( VBG attempting ) ( S ( VP ( TO to ) ( VP ( VB overhaul ) ( NP ( DT the ) ( JJ five-point ) ( NN plan ) ) ) ) ) ) ) ( VP ( VBD risked ) ( S ( VP ( VBG delaying ) ( NP ( NP ( DT the ) ( NNS negotiations ) ) ( VP ( VBN aimed ) ( PP-CLR ( IN at ) ( NP ( NNP Mideast ) ( NN peace ) ) ) ) ) ) ) ) ) ) ) )

But the secretary of state advised Israel that attempting to overhaul the five-point plan risked delaying the negotiations aimed at Mideast peace


( S ( NP-SBJ ( NNP NATO ) ( NN defense ) ( NNS ministers ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ-1 ( DT the ) ( JJ 16-nation ) ( NN alliance ) ) ( VP ( VBZ continues ) ( S ( VP ( TO to ) ( VP ( VB need ) ( NP ( DT a ) ( JJ strong ) ( JJ nuclear ) ( NN strategy ) ) ) ) ) ( PP ( IN despite ) ( NP ( NP ( JJ political ) ( NNS changes ) ) ( PP-LOC ( IN in ) ( NP ( NNP Eastern ) ( NNP Europe ) ) ) ) ) ) ) ) ) )

NATO defense ministers said the 16-nation alliance continues to need a strong nuclear strategy despite political changes in Eastern Europe


( S ( NP-SBJ ( NP ( DT The ) ( NNS ministers ) ) ( VP ( VBG concluding ) ( NP ( NP ( DT a ) ( JJ two-day ) ( NN meeting ) ) ( PP-LOC ( IN in ) ( NP ( JJ southern ) ( NNP Portugal ) ) ) ) ) ) ( VP ( VP ( VBD welcomed ) ( NP ( NP ( NNP Moscow ) ( POS 's ) ) ( NNS pledges ) ( S ( VP ( TO to ) ( VP ( VB cut ) ( NP ( PRP$ its ) ( JJ military ) ( NNS forces ) ) ) ) ) ) ) ( CC but ) ( VP ( VBD urged ) ( NP-1 ( DT the ) ( NNPS Soviets ) ) ( S ( VP ( TO to ) ( VP ( VB do ) ( NP ( JJR more ) ) ( S-PRP ( VP ( TO to ) ( VP ( VB slash ) ( NP ( JJ short-range ) ( JJ nuclear ) ( NNS weapons ) ) ) ) ) ) ) ) ) ) )

The ministers concluding a two-day meeting in southern Portugal welcomed Moscow 's pledges to cut its military forces but urged the Soviets to do more to slash short-range nuclear weapons


( S ( NP-SBJ ( DT The ) ( NNP Justice ) ( NNP Department ) ) ( VP ( VBD indicated ) ( NP ( NP ( DT a ) ( JJ possible ) ( NN challenge ) ) ( PP ( TO to ) ( NP ( NP ( DT a ) ( NN court ) ( NN order ) ) ( VP ( VBG allowing ) ( S ( NP-SBJ ( JJ former ) ( NNP National ) ( NNP Security ) ( NNP Adviser ) ( NNP Poindexter ) ) ( VP ( TO to ) ( VP ( VB subpoena ) ( NP ( NP ( NNP ex-President ) ( NNP Reagan ) ( POS 's ) ) ( JJ personal ) ( NNS papers ) ) ( PP-PRP ( IN for ) ( NP ( NP ( NN use ) ) ( PP-LOC ( IN in ) ( NP ( NP ( DT the ) ( NN defense ) ( NN case ) ) ( PP ( IN against ) ( NP ( NNP Iran-Contra ) ( NNS charges ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

The Justice Department indicated a possible challenge to a court order allowing former National Security Adviser Poindexter to subpoena ex-President Reagan 's personal papers for use in the defense case against Iran-Contra charges


( S ( NP-SBJ ( DT A ) ( NN department ) ( NN spokesman ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( DT the ) ( NN ruling ) ) ( VP ( VBD raised ) ( NP ( NP ( DT a ) ( JJ serious ) ( NN question ) ) ( PP ( IN about ) ( NP ( NP ( DT the ) ( NN office ) ) ( PP ( IN of ) ( NP ( DT the ) ( NN president ) ) ) ) ) ) ) ) ) ) )

A department spokesman said the ruling raised a serious question about the office of the president


( S ( NP-SBJ-1 ( NNP Bush ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( NNP Washington ) ) ( VP ( MD would ) ( VP ( VB continue ) ( NP ( NP ( DT a ) ( NN trade ) ( NN embargo ) ) ( PP ( IN against ) ( NP ( NNP Nicaragua ) ) ) ) ) ) ) ) ( S-ADV ( VP ( VBG declaring ) ( SBAR ( IN that ) ( S ( NP-SBJ ( DT the ) ( ADJP ( JJ Central ) ( JJ American ) ) ( NN country ) ) ( VP ( VBZ poses ) ( NP ( NP ( DT an ) ( ADJP ( JJ unusual ) ( CC and ) ( JJ extraordinary ) ) ( NN threat ) ) ( PP ( TO to ) ( NP ( NP ( DT the ) ( NN security ) ) ( PP ( IN of ) ( NP ( DT the ) ( NNP U.S. ) ) ) ) ) ) ) ) ) ) ) ) )

Bush said Washington would continue a trade embargo against Nicaragua declaring that the Central American country poses an unusual and extraordinary threat to the security of the U.S.


( S ( ADVP-TMP ( RB Meanwhile ) ) ( NP-SBJ ( NAC ( NNP Secretary ) ( PP ( IN of ) ( NP ( NNP State ) ) ) ) ( NNP Baker ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( DT the ) ( NNP U.S. ) ) ( VP ( VBD protested ) ( PP-CLR ( TO to ) ( NP ( NNP Moscow ) ) ) ( PP-CLR ( IN over ) ( NP ( NP ( NNS shipments ) ) ( PP ( IN of ) ( NP ( JJ East ) ( NN bloc ) ( NNS arms ) ) ) ( PP ( TO to ) ( NP ( JJ Salvadoran ) ( NNS rebels ) ) ) ( PP ( IN from ) ( NP ( NNP Managua ) ) ) ) ) ) ) ) ) )

Meanwhile Secretary of State Baker said the U.S. protested to Moscow over shipments of East bloc arms to Salvadoran rebels from Managua


( S ( S ( NP-SBJ ( DT A ) ( NN landslide ) ) ( VP ( VBD engulfed ) ( NP ( NP ( DT a ) ( NN hillside ) ( NN slum ) ) ( PP-LOC ( IN in ) ( NP ( NP ( NNP Sao ) ( NNP Paulo ) ) ( NP ( NNP Brazil ) ) ) ) ) ) ) ( CC and ) ( S ( NP-SBJ-1 ( QP ( IN at ) ( JJS least ) ( CD 20 ) ) ( NNS people ) ) ( S-ADV ( NP-SBJ ( NP ( JJS most ) ) ( PP ( IN of ) ( NP ( DT them ) ) ) ) ( NP-PRD ( NNS children ) ) ) ( VP ( VBD were ) ( UCP-PRD ( ADJP ( VBG missing ) ) ( CC and ) ( VP ( VBN feared ) ( S ( ADJP-PRD ( JJ dead ) ) ) ) ) ) ) )

A landslide engulfed a hillside slum in Sao Paulo Brazil and at least 20 people most of them children were missing and feared dead


( S ( NP-SBJ-2 ( NP ( DT The ) ( NN city ) ( POS 's ) ) ( NN mayor ) ) ( VP ( VBD vowed ) ( S ( VP ( TO to ) ( VP ( VB take ) ( NP ( NP ( JJ legal ) ( NN action ) ) ( PP ( IN against ) ( NP ( NP ( NNS developers ) ) ( SBAR ( WHNP-1 ( WP who ) ) ( S ( VP ( VBD had ) ( VP ( VBN been ) ( VP ( VBG excavating ) ( PP-LOC ( IN at ) ( NP ( NP ( DT the ) ( NN crest ) ) ( PP ( IN of ) ( NP ( DT the ) ( NN hill ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

The city 's mayor vowed to take legal action against developers who had been excavating at the crest of the hill


( S ( NP-SBJ ( NP ( NNP Czechoslovakia ) ( POS 's ) ) ( NN premier ) ) ( VP ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( PRP he ) ) ( VP ( VBZ supports ) ( NP ( JJ broad ) ( ADJP ( JJ political ) ( CC and ) ( JJ economic ) ) ( NN restructuring ) ) ) ) ) ) ( CC but ) ( VP ( VBD ruled ) ( PRT ( RP out ) ) ( NP ( NP ( DT any ) ( NN dialogue ) ) ( PP ( IN between ) ( NP ( NP ( NP ( NNP Prague ) ( POS 's ) ) ( JJ Communist ) ( NN government ) ) ( CC and ) ( NP ( JJ independent ) ( UCP ( JJ human-rights ) ( CC or ) ( JJ dissident ) ) ( NNS groups ) ) ) ) ) ) ) )

Czechoslovakia 's premier said he supports broad political and economic restructuring but ruled out any dialogue between Prague 's Communist government and independent human-rights or dissident groups


( S ( NP-SBJ ( NP ( NNP Ladislav ) ( NNP Adamec ) ) ( VP ( VBG ending ) ( NP ( NP ( DT a ) ( JJ two-day ) ( NN visit ) ) ( PP ( TO to ) ( NP ( NNP Austria ) ) ) ) ) ) ( VP ( VBD pledged ) ( NP ( NP ( NNS changes ) ) ( PP-LOC ( IN in ) ( NP ( NNP Czechoslovakia ) ) ) ( PP ( VBG including ) ( NP ( NP ( JJR freer ) ( NN travel ) ) ( PP ( TO to ) ( NP ( DT the ) ( NNP West ) ) ) ) ) ) ) )

Ladislav Adamec ending a two-day visit to Austria pledged changes in Czechoslovakia including freer travel to the West


( FRAG ( VP ( VBN Died ) ) ( NP ( NP ( NNP Mary ) ( NNP McCarthy ) ) ( NP ( CD 77 ) ) ( NP ( NP ( NN novelist ) ) ( CC and ) ( NP ( JJ literary ) ( NN critic ) ) ) ) ( PP-LOC ( IN in ) ( NP ( NNP New ) ( NNP York ) ( NNP City ) ) ) ( PP-MNR ( IN of ) ( NP ( NN cancer ) ) ) )

Died Mary McCarthy 77 novelist and literary critic in New York City of cancer


( FRAG ( NP ( NP ( NNP Marion ) ( NNP Harper ) ) ( NP ( CD 73 ) ) ( NP ( NP ( NP ( NN founder ) ) ( CC and ) ( NP ( JJ ex-chief ) ( NN executive ) ) ) ( PP ( IN of ) ( NP ( NP ( NNP Interpublic ) ( NNP Group ) ) ( PP ( IN of ) ( NP ( NNPS Cos. ) ) ) ) ) ) ) ( PP-LOC ( IN in ) ( NP ( NNP Oklahoma ) ( NNP City ) ) ) ( PP-MNR ( IN of ) ( NP ( DT a ) ( NN heart ) ( NN attack ) ) ) )

Marion Harper 73 founder and ex-chief executive of Interpublic Group of Cos. in Oklahoma City of a heart attack


( S ( NP-SBJ ( NNP AVON ) ( NNP RENT-A-CAR ) ( CC & ) ( NNP TRUCK ) ( NNP Corp. ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( PRP it ) ) ( VP ( VBD declared ) ( NP ( NP ( DT a ) ( NN dividend ) ) ( PP ( IN of ) ( NP ( NP ( CD one ) ( NN warrant ) ) ( PP ( IN for ) ( NP ( NP ( DT each ) ( CD three ) ( NNS shares ) ) ( PP ( IN of ) ( NP ( JJ common ) ( NN stock ) ) ) ) ) ) ) ) ) ) ) ) )

AVON RENT-A-CAR & TRUCK Corp. said it declared a dividend of one warrant for each three shares of common stock


( S ( ADVP-TMP ( RB Currently ) ) ( NP-SBJ ( NP ( NNP Avon ) ) ( VP ( VBN based ) ( PP-LOC ( IN in ) ( NP ( NP ( NNP Santa ) ( NNP Monica ) ) ( NP ( NNP Calif. ) ) ) ) ) ) ( VP ( VBZ has ) ( NP ( NP ( QP ( CD 3.3 ) ( CD million ) ) ( JJ common ) ( NNS shares ) ) ( ADJP ( JJ outstanding ) ) ) ) )

Currently Avon based in Santa Monica Calif. has 3.3 million common shares outstanding


( S ( S-TPC-2 ( NP-SBJ-1 ( QP ( IN About ) ( CD 1.1 ) ( CD million ) ) ( NNP Class ) ( NNP C ) ( NNS warrants ) ) ( VP ( VBD were ) ( VP ( VBN issued ) ) ) ) ( NP-SBJ ( DT the ) ( NN company ) ) ( VP ( VBD said ) ) )

About 1.1 million Class C warrants were issued the company said


( S ( NP-SBJ ( NP ( DT Each ) ) ( PP ( IN of ) ( NP ( DT the ) ( NNP Class ) ( NNP C ) ( NNS warrants ) ) ) ) ( VP ( MD will ) ( VP ( VB enable ) ( S ( NP-SBJ ( DT the ) ( NNS holders ) ) ( VP ( TO to ) ( VP ( VB purchase ) ( NP ( NP ( CD one ) ( NN share ) ) ( PP ( IN of ) ( NP ( JJ common ) ( NN stock ) ) ) ) ( PP-CLR ( IN at ) ( NP ( CD 5.50 ) ) ) ) ) ) ) ) )

Each of the Class C warrants will enable the holders to purchase one share of common stock at 5.50


( S ( NP-SBJ-1 ( DT The ) ( NNS warrants ) ) ( VP ( MD may ) ( VP ( VB be ) ( VP ( VBN exercised ) ( PP-TMP ( IN until ) ( PP ( NP-ADV ( CD 90 ) ( NNS days ) ) ( IN after ) ( NP ( PRP$ their ) ( NN issue ) ( NN date ) ) ) ) ) ) ) )

The warrants may be exercised until 90 days after their issue date


( S ( NP-SBJ ( NNP Avon ) ) ( ADVP ( RB also ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( PRP it ) ) ( VP ( MD will ) ( VP ( VB issue ) ( NP ( NP ( DT an ) ( JJ additional ) ( CD 243,677 ) ) ( PP ( IN of ) ( NP ( DT the ) ( NN Class ) ( NNP C ) ( NNS warrants ) ) ) ) ( PP-DTV ( TO to ) ( NP ( NP ( NNS holders ) ) ( PP ( IN of ) ( NP ( PRP$ its ) ( UCP ( NN Class ) ( DT A ) ( NN Class ) ( NNP B ) ( CC and ) ( JJ unclassified ) ) ( NNS warrants ) ) ) ) ) ) ) ) ) ) )

Avon also said it will issue an additional 243,677 of the Class C warrants to holders of its Class A Class B and unclassified warrants


( S ( NP-SBJ ( NP ( NN Issuance ) ) ( PP ( IN of ) ( NP ( DT those ) ( NNS warrants ) ) ) ) ( VP ( MD will ) ( VP ( VB be ) ( PP-PRD ( IN at ) ( NP ( NP ( DT the ) ( NN rate ) ) ( PP ( IN of ) ( NP ( NP ( NN one-third ) ( NN warrant ) ) ( PP ( IN for ) ( NP ( NP ( DT each ) ( NN warrant ) ) ( VP ( VBN exercised ) ) ) ) ) ) ) ) ) ) )

Issuance of those warrants will be at the rate of one-third warrant for each warrant exercised


PAPERS


( S ( NP-SBJ-1 ( NP ( NNP Thomson ) ( NNP Corp. ) ( POS 's ) ) ( NNP Globe ) ( CC & ) ( NNP Mail ) ( NN newspaper ) ) ( PP-TMP ( IN in ) ( NP ( NNP November ) ) ) ( VP ( MD will ) ( VP ( VB begin ) ( S ( VP ( VBG transmitting ) ( NP ( DT an ) ( JJ experimental ) ( NN edition ) ) ( PP-CLR ( TO to ) ( NP ( NP ( VBN selected ) ( NNS subscribers ) ( POS ' ) ) ( JJ facsimile ) ( NNS machines ) ) ) ) ) ) ) )

Thomson Corp. 's Globe & Mail newspaper in November will begin transmitting an experimental edition to selected subscribers ' facsimile machines


( S ( NP-SBJ-1 ( DT The ) ( JJ four-page ) ( NN news ) ( NN summary ) ) ( VP ( MD will ) ( VP ( VB be ) ( VP ( VBN aimed ) ( PP-DIR ( IN at ) ( NP ( NP ( NNS readers ) ) ( PP-LOC ( PP ( IN outside ) ( NP ( NNP Canada ) ) ) ( CC or ) ( PP ( IN in ) ( NP ( NP ( JJ Canadian ) ( NNS locations ) ) ( SBAR ( WHADVP-2 ( WRB where ) ) ( S ( NP-SBJ ( DT the ) ( JJ national ) ( NN daily ) ) ( VP ( VBZ is ) ( RB n't ) ( ADJP-PRD ( JJ available ) ) ( PP-TMP ( IN on ) ( NP ( NP ( DT the ) ( NN day ) ) ( PP ( IN of ) ( NP ( NN publication ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

The four-page news summary will be aimed at readers outside Canada or in Canadian locations where the national daily is n't available on the day of publication


( S ( PP-LOC ( IN In ) ( NP ( DT the ) ( NNP U.S. ) ) ) ( S ( NP-SBJ ( DT the ) ( NNP Hartford ) ( NNP Courant ) ) ( VP ( VBZ has ) ( NP ( DT a ) ( JJ facsimile ) ( NN edition ) ) ) ) ( CC and ) ( S ( NP-SBJ ( DT some ) ( JJ other ) ( NNS newspapers ) ) ( VP ( VBP are ) ( VP ( VBG considering ) ( NP ( DT the ) ( NN idea ) ) ) ) ) )

In the U.S. the Hartford Courant has a facsimile edition and some other newspapers are considering the idea


( SBARQ-HLN ( WHNP-2 ( WP WHO ) ) ( SQ ( VP ( VBZ 'S ) ( NP-PRD ( NNP NEWS ) ) ) ) )

WHO 'S NEWS


( S ( NP-SBJ-1 ( NP ( NNP Michael ) ( NNP T. ) ( NNP Carr ) ) ( NP ( NP ( VBG advertising ) ( NN director ) ) ( PP ( IN of ) ( NP ( NNP Playboy ) ( NN magazine ) ) ) ) ) ( VP ( VBD was ) ( VP ( VBN named ) ( S ( NP-PRD ( NP ( NN publisher ) ) ( PP ( IN of ) ( NP ( NNP National ) ( NNP Lampoon ) ( CC and ) ( NNP Heavy ) ( NNP Metal ) ( NNS magazines ) ) ) ) ) ( S-ADV ( VP ( VBG succeeding ) ( NP ( NNP George ) ( NNP Agoglia ) ) ) ) ) ) )

Michael T. Carr advertising director of Playboy magazine was named publisher of National Lampoon and Heavy Metal magazines succeeding George Agoglia


( S ( NP-SBJ ( PRP It ) ) ( VP ( VBD was ) ( NP-PRD ( NP ( DT the ) ( JJ first ) ( NN management ) ( NN change ) ) ( SBAR-TMP ( IN since ) ( S ( NP-SBJ ( NNS film-makers ) ( NNP Daniel ) ( NNP Grodnik ) ( CC and ) ( NNP Tim ) ( NNP Matheson ) ) ( VP ( VBD took ) ( NP-CLR ( NN control ) ) ( PP-CLR ( IN of ) ( NP ( NNP National ) ( NNP Lampoon ) ( NNP Inc. ) ) ) ( PP-TMP ( IN in ) ( NP ( NNP March ) ) ) ) ) ) ) ) )

It was the first management change since film-makers Daniel Grodnik and Tim Matheson took control of National Lampoon Inc. in March


( S ( NP-SBJ-1 ( PRP They ) ) ( VP ( VP ( VBP are ) ( VP ( VBG looking ) ( PP-CLR ( IN for ) ( NP ( NP ( DT a ) ( JJ new ) ( NN editor ) ) ( PP ( IN for ) ( NP ( NNP National ) ( NNP Lampoon ) ) ) ) ) ) ) ( CC and ) ( VP ( VBP are ) ( VP ( VBG trying ) ( S ( VP ( TO to ) ( VP ( VB sell ) ( NP ( NNP Heavy ) ( NNP Metal ) ) ) ) ) ) ) ) )

They are looking for a new editor for National Lampoon and are trying to sell Heavy Metal


( S ( NP-SBJ-1 ( NNP Delta ) ( NNP Air ) ( NNPS Lines ) ( NNS earnings ) ) ( VP ( VBD soared ) ( NP-EXT ( CD 33 ) ( NN % ) ) ( PP-DIR ( TO to ) ( NP ( DT a ) ( NN record ) ) ) ( PP-TMP ( IN in ) ( NP ( DT the ) ( JJ fiscal ) ( JJ first ) ( NN quarter ) ) ) ( S-ADV ( VP ( VBG bucking ) ( NP ( NP ( DT the ) ( NN industry ) ( NN trend ) ) ( PP ( IN toward ) ( NP ( VBG declining ) ( NNS profits ) ) ) ) ) ) ) )

Delta Air Lines earnings soared 33 % to a record in the fiscal first quarter bucking the industry trend toward declining profits


( S ( NP-SBJ ( NP ( DT The ) ( JJ Atlanta-based ) ( NN airline ) ) ( NP ( NP ( DT the ) ( ADJP ( RB third ) ( JJS largest ) ) ) ( PP-LOC ( IN in ) ( NP ( DT the ) ( NNP U.S. ) ) ) ) ) ( VP ( VBD attributed ) ( NP ( DT the ) ( NN increase ) ) ( PP-CLR ( TO to ) ( NP ( NP ( JJR higher ) ( NN passenger ) ( NN traffic ) ) ( NP ( JJ new ) ( JJ international ) ( NNS routes ) ) ( CC and ) ( NP ( NP ( JJ reduced ) ( NN service ) ) ( PP ( IN by ) ( NP ( NP ( JJ rival ) ( NNP Eastern ) ( NNPS Airlines ) ) ( SBAR ( WHNP-1 ( WDT which ) ) ( S ( VP ( VBZ is ) ( PP-PRD ( IN in ) ( NP ( NN bankruptcy ) ( NNS proceedings ) ) ) ( PP ( IN in ) ( NP ( NP ( DT the ) ( NN wake ) ) ( PP ( IN of ) ( NP ( NP ( DT a ) ( NN strike ) ) ( SBAR ( WHNP-2 ( WDT that ) ) ( S ( VP ( VBD began ) ( NP-TMP ( JJ last ) ( NN spring ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

The Atlanta-based airline the third largest in the U.S. attributed the increase to higher passenger traffic new international routes and reduced service by rival Eastern Airlines which is in bankruptcy proceedings in the wake of a strike that began last spring


( S ( PP-TMP ( IN For ) ( NP ( NP ( DT the ) ( NN quarter ) ) ( VP ( VBN ended ) ( NP-TMP-CLR ( NNP Sept. ) ( CD 30 ) ) ) ) ) ( NP-SBJ ( NNP Delta ) ) ( VP ( VBD posted ) ( NP ( NP ( JJ net ) ( NN income ) ) ( PP ( IN of ) ( NP ( NP ( NP ( QP ( CD 133.1 ) ( CD million ) ) ) ( CC or ) ( NP ( NP ( CD 2.53 ) ) ( NP-ADV ( DT a ) ( NN share ) ) ) ) ( ADVP ( RB up ) ( PP ( IN from ) ( NP ( NP ( QP ( CD 100 ) ( CD million ) ) ) ( CC or ) ( NP ( NP ( NP ( CD 2.03 ) ) ( NP-ADV ( DT a ) ( NN share ) ) ) ( ADVP-TMP ( NP ( DT a ) ( NN year ) ) ( RB earlier ) ) ) ) ) ) ) ) ) ) )

For the quarter ended Sept. 30 Delta posted net income of 133.1 million or 2.53 a share up from 100 million or 2.03 a share a year earlier


( S ( NP-SBJ ( NN Revenue ) ) ( VP ( VBD rose ) ( NP-EXT ( CD 15 ) ( NN % ) ) ( PP-DIR ( TO to ) ( NP ( QP ( CD 2.17 ) ( CD billion ) ) ) ) ( PP-DIR ( IN from ) ( NP ( QP ( CD 1.89 ) ( CD billion ) ) ) ) ) )

Revenue rose 15 % to 2.17 billion from 1.89 billion


( S ( PP-TMP ( IN During ) ( NP ( DT the ) ( NN quarter ) ) ) ( NP-SBJ ( NNP Delta ) ) ( VP ( VP ( VBD issued ) ( NP ( NP ( QP ( CD 2.5 ) ( CD million ) ) ( NNS shares ) ) ( PP ( IN of ) ( NP ( JJ common ) ( NN stock ) ) ) ) ( PP-DTV ( TO to ) ( NP ( NNP Swissair ) ) ) ) ( CC and ) ( VP ( VBD repurchased ) ( NP ( QP ( CD 1.1 ) ( CD million ) ) ( NNS shares ) ) ( PP-PRP ( IN for ) ( NP ( NP ( NN use ) ) ( PP-LOC ( IN in ) ( NP ( DT a ) ( NN company ) ( NN employee ) ( NN stock ) ( NN ownership ) ( NN plan ) ) ) ) ) ) ) )

During the quarter Delta issued 2.5 million shares of common stock to Swissair and repurchased 1.1 million shares for use in a company employee stock ownership plan


( SINV ( S-TPC-2 ( NP-SBJ-1 ( NP ( DT The ) ( NN key ) ) ( PP ( TO to ) ( NP ( NP ( NNP Delta ) ( POS 's ) ) ( NN record ) ( NNS earnings ) ) ) ) ( VP ( VBD continued ) ( S ( VP ( TO to ) ( VP ( VB be ) ( NP-PRD ( JJ excellent ) ( NN passenger ) ( NN revenue ) ( NN growth ) ) ) ) ) ) ) ( VP ( VBD said ) ) ( NP-SBJ ( NP ( NNP Thomas ) ( NNP Roeck ) ) ( NP ( JJ chief ) ( JJ financial ) ( NN officer ) ) ) )

The key to Delta 's record earnings continued to be excellent passenger revenue growth said Thomas Roeck chief financial officer


( S ( NP-SBJ ( NN Passenger ) ( NN traffic ) ) ( VP ( VBD jumped ) ( NP-EXT ( CD 14 ) ( NN % ) ) ( PP-TMP ( IN in ) ( NP ( DT the ) ( NN quarter ) ) ) ( SBAR-TMP ( IN while ) ( S ( NP-SBJ ( NP ( NN profit ) ) ( PP ( IN per ) ( NP ( NN passenger ) ) ) ) ( VP ( VBD grew ) ( NP-EXT ( CD 2 ) ( NN % ) ) ) ) ) ) )

Passenger traffic jumped 14 % in the quarter while profit per passenger grew 2 %


( S ( NP-SBJ ( NNP Delta ) ) ( VP ( VBZ has ) ( VP ( VBN benefited ) ( ADVP ( ADVP ( RBR more ) ) ( PP ( IN than ) ( NP ( JJ other ) ( NNS carriers ) ) ) ) ( PP-CLR ( IN from ) ( NP ( NP ( DT the ) ( NN weakness ) ) ( PP ( IN of ) ( NP ( NP ( NNP Eastern ) ( NNPS Airlines ) ) ( SBAR ( WHNP-1 ( WDT which ) ) ( S ( VP ( VBZ shares ) ( NP ( DT the ) ( NNP Atlanta ) ( NN hub ) ) ) ) ) ) ) ) ) ) ) )

Delta has benefited more than other carriers from the weakness of Eastern Airlines which shares the Atlanta hub


( S ( SBAR-ADV ( IN Although ) ( S ( NP-SBJ ( NNP Eastern ) ) ( VP ( VBZ is ) ( ADVP-PRD ( RB back ) ( PP ( TO to ) ( NP ( NP ( QP ( IN about ) ( CD 80 ) ) ( NN % ) ) ( PP ( IN of ) ( NP ( PRP$ its ) ( JJ pre-strike ) ( NN schedule ) ) ) ) ) ) ( ADVP-TMP ( RB now ) ) ) ) ) ( NP-SBJ-1 ( DT the ) ( NNP Texas ) ( NNP Air ) ( NNP Corp. ) ( NN subsidiary ) ) ( VP ( VBD was ) ( ADVP ( RB only ) ) ( VP ( VBG beginning ) ( S ( VP ( TO to ) ( VP ( VB get ) ( ADVP-PRD ( RB back ) ( PP ( IN on ) ( NP ( PRP$ its ) ( NNS feet ) ) ) ) ( PP-TMP ( IN during ) ( NP ( DT the ) ( NN quarter ) ) ) ) ) ) ) ) )

Although Eastern is back to about 80 % of its pre-strike schedule now the Texas Air Corp. subsidiary was only beginning to get back on its feet during the quarter


( S ( ADVP ( RB Separately ) ) ( NP-SBJ ( NP ( NNP America ) ( NNP West ) ( NNPS Airlines ) ) ( NP-LOC ( NNP Phoenix ) ( NNP Ariz. ) ) ) ( VP ( VBD reported ) ( SBAR ( S ( NP-SBJ ( JJ third-quarter ) ( NN profit ) ) ( VP ( VBD jumped ) ( NP-EXT ( CD 45 ) ( NN % ) ) ( PP-DIR ( TO to ) ( NP ( NP ( QP ( CD 5.8 ) ( CD million ) ) ) ( CC or ) ( NP ( NP ( CD 28 ) ( NNS cents ) ) ( NP-ADV ( DT a ) ( NN share ) ) ) ) ) ( PP-DIR ( IN from ) ( NP ( NP ( QP ( CD 4 ) ( CD million ) ) ) ( CC or ) ( NP ( NP ( CD 24 ) ( NNS cents ) ) ( NP-ADV ( DT a ) ( NN share ) ) ) ( ADVP-PRP ( NP ( DT a ) ( NN year ) ) ( RB earlier ) ) ) ) ) ) ) ) )

Separately America West Airlines Phoenix Ariz. reported third-quarter profit jumped 45 % to 5.8 million or 28 cents a share from 4 million or 24 cents a share a year earlier


( S ( NP-SBJ ( DT The ) ( JJS latest ) ( NNS results ) ) ( VP ( VBP include ) ( NP ( NP ( DT a ) ( ADJP ( QP ( CD 2.6 ) ( CD million ) ) ) ( JJ one-time ) ( NN payment ) ) ( PP ( IN from ) ( NP ( DT a ) ( JJ foreign ) ( NN entity ) ) ) ) ) )

The latest results include a 2.6 million one-time payment from a foreign entity


( S ( NP-SBJ ( NNP America ) ( NNP West ) ) ( VP ( VP ( MD would ) ( RB n't ) ( VP ( VB identify ) ( NP ( DT the ) ( NN entity ) ) ) ) ( CC but ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( DT the ) ( NN payment ) ) ( VP ( VBD was ) ( PP-PRD ( IN for ) ( NP ( NP ( NP ( DT the ) ( JJ foreign ) ( NN company ) ( POS 's ) ) ( NN use ) ) ( PP ( IN of ) ( NP ( JJ certain ) ( NN tax ) ( NNS benefits ) ) ) ( PP ( IN in ) ( NP ( NP ( NN connection ) ) ( PP ( IN with ) ( NP ( NNP America ) ( NNP West ) ( NN plane ) ( NNS purchases ) ) ) ) ) ) ) ) ) ) ) ) )

America West would n't identify the entity but said the payment was for the foreign company 's use of certain tax benefits in connection with America West plane purchases


( S ( NP-SBJ ( JJ Year-earlier ) ( NNS results ) ) ( VP ( VBD included ) ( NP ( NP ( DT an ) ( JJ extraordinary ) ( NN gain ) ) ( PP ( IN of ) ( NP ( QP ( CD 1.6 ) ( CD million ) ) ) ) ( PP ( IN from ) ( NP ( NP ( DT a ) ( NN buy-back ) ) ( PP ( IN of ) ( NP ( JJ convertible ) ( JJ subordinated ) ( NNS debentures ) ) ) ) ) ) ) )

Year-earlier results included an extraordinary gain of 1.6 million from a buy-back of convertible subordinated debentures


( S ( NP-SBJ ( NN Revenue ) ) ( VP ( VBD rose ) ( NP-EXT ( CD 21 ) ( NN % ) ) ( PP-DIR ( TO to ) ( NP ( QP ( CD 243.4 ) ( CD million ) ) ) ) ( PP-DIR ( IN from ) ( NP ( QP ( CD 201.2 ) ( CD million ) ) ) ) ) )

Revenue rose 21 % to 243.4 million from 201.2 million


( S ( PP-TMP ( IN For ) ( NP ( DT the ) ( CD nine ) ( NNS months ) ) ) ( NP-SBJ ( NNP America ) ( NNP West ) ) ( VP ( VBD posted ) ( NP ( NP ( NNS earnings ) ) ( PP ( IN of ) ( NP ( NP ( QP ( CD 18.9 ) ( CD million ) ) ) ( CC or ) ( NP ( NP ( CD 97 ) ( NNS cents ) ) ( NP-ADV ( DT a ) ( NN share ) ) ) ) ) ) ( PP ( VBN compared ) ( PP ( IN with ) ( NP ( NP ( DT a ) ( NN loss ) ) ( PP ( IN of ) ( NP ( NP ( QP ( CD 9.7 ) ( CD million ) ) ) ( CC or ) ( NP ( NP ( CD 74 ) ( NNS cents ) ) ( NP-ADV ( DT a ) ( NN share ) ) ) ( ADVP-TMP ( NP ( DT a ) ( NN year ) ) ( RB earlier ) ) ) ) ) ) ) ) )

For the nine months America West posted earnings of 18.9 million or 97 cents a share compared with a loss of 9.7 million or 74 cents a share a year earlier


( S ( NP-SBJ ( NNP Revenue ) ) ( VP ( VBD rose ) ( NP-EXT ( CD 27 ) ( NN % ) ) ( PP-DIR ( TO to ) ( NP ( QP ( CD 715.1 ) ( CD million ) ) ) ) ( PP-DIR ( IN from ) ( NP ( QP ( CD 563.8 ) ( CD million ) ) ) ) ) )

Revenue rose 27 % to 715.1 million from 563.8 million


( S ( NP-SBJ-1 ( NNP House ) ( CC and ) ( NNP Senate ) ( NNS conferees ) ) ( VP ( VBD agreed ) ( S ( VP ( VP ( TO to ) ( VP ( VB continue ) ( NP ( NP ( NN production ) ) ( PP ( IN of ) ( NP ( NP ( NNP Grumman ) ( NNP Corp. ) ( POS 's ) ) ( NN F-14 ) ) ) ) ) ) ( CC and ) ( VP ( TO to ) ( VP ( VB provide ) ( NP ( NP ( QP ( JJR more ) ( IN than ) ( CD 3.8 ) ( CD billion ) ) ) ( PP ( IN for ) ( NP ( DT the ) ( NNP Strategic ) ( NNP Defense ) ( NNP Initiative ) ) ) ) ) ) ( PP-TMP ( IN during ) ( NP ( DT the ) ( JJ current ) ( JJ fiscal ) ( NN year ) ) ) ) ) ) )

House and Senate conferees agreed to continue production of Grumman Corp. 's F-14 and to provide more than 3.8 billion for the Strategic Defense Initiative during the current fiscal year


( S ( NP-SBJ ( NP ( NN Industry ) ( NNS officials ) ) ( CC and ) ( NP ( JJ congressional ) ( NNS aides ) ) ) ( VP ( VBD said ) ( SBAR ( IN that ) ( S ( NP-SBJ ( NP ( DT the ) ( JJ main ) ( NNS points ) ) ( PP ( IN of ) ( NP ( NP ( DT a ) ( NN compromise ) ( NN defense ) ( NN authorization ) ( NN bill ) ) ( VP ( VBN hammered ) ( PRT ( RP out ) ) ( PP-TMP ( IN during ) ( NP ( NP ( DT a ) ( NN flurry ) ) ( PP ( IN of ) ( NP ( JJ private ) ( NNS meetings ) ) ) ) ) ( PP-TMP ( IN over ) ( NP ( DT the ) ( JJ past ) ( JJ few ) ( NNS days ) ) ) ) ) ) ) ( VP ( VBP provide ) ( NP ( NP ( DT a ) ( JJ face-saving ) ( NN compromise ) ) ( PP ( IN for ) ( NP ( DT both ) ( NP ( DT the ) ( NNP White ) ( NNP House ) ) ( CC and ) ( NP ( NNP House ) ( NNPS Democrats ) ) ) ) ) ) ) ) ) )

Industry officials and congressional aides said that the main points of a compromise defense authorization bill hammered out during a flurry of private meetings over the past few days provide a face-saving compromise for both the White House and House Democrats


( S ( SBAR-ADV ( IN Although ) ( S ( NP-SBJ ( NNS conferees ) ) ( VP ( VBP are ) ( ADVP-TMP ( RB still ) ) ( VP ( VBG putting ) ( NP ( DT the ) ( JJ finishing ) ( NNS touches ) ) ( PP-PUT ( IN on ) ( NP ( DT the ) ( NN package ) ) ) ) ) ) ) ( NP-SBJ-1 ( DT the ) ( JJ final ) ( NN agreement ) ) ( VP ( MD could ) ( VP ( VB be ) ( VP ( VBN announced ) ( ADVP-TMP ( ADVP ( RB as ) ( RB early ) ) ( PP ( IN as ) ( NP ( NN tomorrow ) ) ) ) ) ) ) )

Although conferees are still putting the finishing touches on the package the final agreement could be announced as early as tomorrow


( S ( NP-SBJ ( DT An ) ( NN announcement ) ) ( VP ( VBZ is ) ( ADJP-PRD ( RBR more ) ( JJ likely ) ) ( NP-TMP ( JJ next ) ( NN week ) ) ( ADVP ( RB though ) ) ) )

An announcement is more likely next week though


( S ( NP-SBJ-2 ( NP ( NNP President ) ( NNP Bush ) ) ( CC and ) ( NP ( NP ( JJ other ) ( NNS supporters ) ) ( PP ( IN of ) ( NP ( NNP SDI ) ) ) ) ) ( VP ( MD will ) ( VP ( VB be ) ( ADJP-PRD ( JJ able ) ( S ( VP ( TO to ) ( VP ( VB take ) ( NP-CLR ( NN credit ) ) ( PP-CLR ( IN for ) ( S-NOM ( VP ( VBG blocking ) ( NP ( NNP House ) ( NNS efforts ) ( S ( VP ( TO to ) ( ADVP ( RB significantly ) ) ( VP ( VB cut ) ( NP ( NP ( DT the ) ( NN program ) ( S ( VP ( TO to ) ( VP ( VB develop ) ( NP ( DT a ) ( JJ space-based ) ( JJ antimissile ) ( NN system ) ) ) ) ) ) ( SBAR ( WHNP-1 ( WDT which ) ) ( S ( ADVP-TMP ( RB already ) ) ( VP ( VBZ has ) ( VP ( VBN cost ) ( NP ( QP ( DT some ) ( CD 17 ) ( CD billion ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

President Bush and other supporters of SDI will be able to take credit for blocking House efforts to significantly cut the program to develop a space-based antimissile system which already has cost some 17 billion


( S ( NP-SBJ-1 ( NP ( NP ( NNP Senate ) ( NNP Armed ) ( NNPS Services ) ( NNP Committee ) ( NNP Chairman ) ( NNP Sam ) ( NNP Nunn ) ) ( PRN ( NP ( NP ( NNP D. ) ) ( NP-LOC ( NNP Ga ) ) ) ) ) ( CC and ) ( NP ( JJ other ) ( NNP Senate ) ( NNS conferees ) ) ) ( VP ( VBP have ) ( VP ( VBN opposed ) ( NP ( DT the ) ( NNP House ) ( NNS cuts ) ) ( S-ADV ( VP ( VBG stalling ) ( PP-TMP ( IN for ) ( NP ( RB almost ) ( CD two ) ( NNS months ) ) ) ( NP ( NP ( NN action ) ) ( PP ( IN on ) ( NP ( NP ( DT a ) ( NN number ) ) ( PP ( IN of ) ( NP ( NP ( JJ big-ticket ) ( NNS items ) ) ( PP-LOC ( IN in ) ( NP ( NP ( DT the ) ( NNP Pentagon ) ( POS 's ) ) ( NN budget ) ) ) ) ) ) ) ) ) ) ) ) )

Senate Armed Services Committee Chairman Sam Nunn D. Ga and other Senate conferees have opposed the House cuts stalling for almost two months action on a number of big-ticket items in the Pentagon 's budget


( S ( S ( NP-SBJ-1 ( DT The ) ( NNP Senate ) ) ( VP ( VBD voted ) ( S ( VP ( TO to ) ( VP ( VB authorize ) ( NP ( NP ( QP ( CD 4.5 ) ( CD billion ) ) ) ( PP ( IN for ) ( NP ( NNP SDI ) ( NN spending ) ) ) ( PP-TMP ( IN in ) ( NP ( DT the ) ( JJ current ) ( JJ fiscal ) ( NN year ) ) ) ) ) ) ) ) ) ( CC but ) ( S ( NP-SBJ-2 ( DT the ) ( NN House ) ) ( S-ADV ( VP ( VBG reflecting ) ( NP ( NP ( DT a ) ( JJ dramatic ) ( NN erosion ) ) ( PP ( IN of ) ( NP ( NP ( NN support ) ) ( PP ( IN for ) ( NP ( DT the ) ( NN program ) ) ) ) ) ) ) ) ( VP ( VBD earmarked ) ( NP ( RB only ) ( QP ( CD 3.1 ) ( CD billion ) ) ) ) ) )

The Senate voted to authorize 4.5 billion for SDI spending in the current fiscal year but the House reflecting a dramatic erosion of support for the program earmarked only 3.1 billion


( S ( PP ( IN Despite ) ( NP ( NP ( DT the ) ( VBG widening ) ( NN gap ) ) ( PP ( IN between ) ( NP ( DT the ) ( CD two ) ( NNS sides ) ) ) ) ) ( NP-SBJ-1 ( NNS conferees ) ) ( ADVP-TMP ( RB eventually ) ) ( VP ( VBD followed ) ( NP ( NP ( DT the ) ( NN pattern ) ) ( VP ( VBN set ) ( PP-TMP ( IN in ) ( NP ( JJ previous ) ( NNS years ) ) ) ) ) ( PP-MNR ( IN by ) ( S-NOM ( VP ( VBG opting ) ( S ( VP ( TO to ) ( ADVP-MNR ( RB roughly ) ) ( VP ( VB split ) ( NP ( DT the ) ( NN difference ) ) ) ) ) ) ) ) ) )

Despite the widening gap between the two sides conferees eventually followed the pattern set in previous years by opting to roughly split the difference


( S ( NP-SBJ ( DT That ) ) ( VP ( MD would ) ( VP ( VB hold ) ( NP ( NP ( NN spending ) ) ( PP ( IN on ) ( NP ( DT the ) ( NN program ) ) ) ) ( PP-CLR ( IN at ) ( NP ( IN about ) ( NP ( DT the ) ( JJ previous ) ( NN year ) ( POS 's ) ) ( NN level ) ) ) ) ) )

That would hold spending on the program at about the previous year 's level


( S ( NP-SBJ ( DT The ) ( NN decision ) ( S ( VP ( TO to ) ( VP ( VB keep ) ( S ( NP-SBJ ( NP ( DT the ) ( JJ embattled ) ( NN F-14 ) ( POS 's ) ) ( NN production ) ( NN line ) ) ( VP ( VBG running ) ( PP-TMP ( IN for ) ( NP ( QP ( IN at ) ( JJS least ) ) ( DT another ) ( NN year ) ) ) ) ) ) ) ) ) ( VP ( VBZ is ) ( NP-PRD ( NP ( DT an ) ( JJ important ) ( NN victory ) ) ( PP ( PP ( IN for ) ( NP ( DT the ) ( NNP House ) ) ) ( CC and ) ( PP ( ADVP ( RB especially ) ) ( IN for ) ( NP ( NP ( NNP Rep. ) ( NNP Les ) ( NNP Aspin ) ) ( PRN ( NP ( NP ( NNP D. ) ) ( NP-LOC ( NNP Wis ) ) ) ) ) ) ) ) ) )

The decision to keep the embattled F-14 's production line running for at least another year is an important victory for the House and especially for Rep. Les Aspin D. Wis


( S ( PP ( IN As ) ( NP ( NP ( DT the ) ( NN head ) ) ( PP ( IN of ) ( NP ( DT the ) ( NNP House ) ( NNS conferees ) ) ) ) ) ( NP-SBJ ( NNP Rep. ) ( NNP Aspin ) ) ( VP ( VBZ has ) ( VP ( VBN been ) ( PP-PRD ( IN under ) ( NP ( NP ( JJ intense ) ( NN pressure ) ) ( PP ( IN from ) ( NP ( PRP$ his ) ( NNS colleagues ) ) ) ( S-1 ( VP ( TO to ) ( VP ( VB reject ) ( NP ( NP ( NNP Senate ) ( NNS provisions ) ) ( SBAR ( WHNP-15 ( WDT that ) ) ( S ( VP ( MD would ) ( VP ( VB have ) ( ADVP-MNR ( RB abruptly ) ) ( VP ( VBN cut ) ( NP ( JJ further ) ( NN F-14 ) ( NN production ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

As the head of the House conferees Rep. Aspin has been under intense pressure from his colleagues to reject Senate provisions that would have abruptly cut further F-14 production


( S ( NP-SBJ ( DT The ) ( NN package ) ) ( VP ( VBZ provides ) ( NP ( DT a ) ( JJ temporary ) ( JJ golden ) ( NN parachute ) ) ( PP-BNF ( IN for ) ( NP ( NNP Grumman ) ) ) ( PP ( VBG according ) ( PP ( TO to ) ( NP ( NP ( CD one ) ( JJ congressional ) ( NN aide ) ) ( ADJP ( JJ familiar ) ( PP ( IN with ) ( NP ( DT the ) ( JJ closed-door ) ( NN bargaining ) ) ) ) ) ) ) ) )

The package provides a temporary golden parachute for Grumman according to one congressional aide familiar with the closed-door bargaining


( S ( CC But ) ( PP ( IN as ) ( NP ( NP ( NN part ) ) ( PP ( IN of ) ( NP ( DT the ) ( JJ overall ) ( NN agreement ) ) ) ) ) ( NP-SBJ-1 ( NP ( NNP Grumman ) ) ( CC and ) ( NP ( NP ( PRP$ its ) ( JJ outspoken ) ( NNS supporters ) ) ( PP-LOC ( IN on ) ( NP ( NNP Capitol ) ( NNP Hill ) ) ) ) ) ( ADVP ( RB effectively ) ) ( VP ( MD will ) ( VP ( VB be ) ( VP ( VBN precluded ) ( PP-CLR ( IN from ) ( S-NOM ( VP ( VBG reopening ) ( NP ( DT the ) ( JJ emotional ) ( NN issue ) ) ( PP-LOC ( IN in ) ( NP ( NP ( DT the ) ( NN debate ) ) ( PP ( IN over ) ( NP ( NP ( JJ next ) ( NN year ) ( POS 's ) ) ( NN budget ) ) ) ) ) ) ) ) ) ) ) )

But as part of the overall agreement Grumman and its outspoken supporters on Capitol Hill effectively will be precluded from reopening the emotional issue in the debate over next year 's budget


( S ( NP-SBJ ( NP ( NNP Defense ) ( NNP Secretary ) ( NNP Dick ) ( NNP Cheney ) ) ( CC and ) ( NP ( JJS most ) ( NNS senators ) ) ) ( VP ( VBP contend ) ( SBAR ( IN that ) ( S ( NP-SBJ ( NP ( DT the ) ( NNP Navy ) ( POS 's ) ) ( NN F-14 ) ) ( VP ( VBZ is ) ( ADJP-PRD ( RB too ) ( JJ expensive ) ) ( PP-TMP ( IN in ) ( NP ( NP ( DT an ) ( NN era ) ) ( PP ( IN of ) ( NP ( VBG shrinking ) ( NNP Pentagon ) ( NNS budgets ) ) ) ) ) ) ) ) ) )

Defense Secretary Dick Cheney and most senators contend that the Navy 's F-14 is too expensive in an era of shrinking Pentagon budgets


( S ( CC But ) ( NP-SBJ ( DT the ) ( NN plane ) ) ( VP ( VBZ boasts ) ( NP ( NP ( DT a ) ( JJ strong ) ( NN core ) ) ( PP ( IN of ) ( NP ( NN support ) ) ) ( PP-LOC ( IN in ) ( NP ( NP ( DT the ) ( NNP House ) ) ( SBAR ( WHADVP-1 ( WRB where ) ) ( S ( NP-SBJ-2 ( NNS members ) ) ( VP ( VP ( VBP are ) ( ADJP-PRD ( JJ intent ) ( PP ( IN on ) ( S-NOM ( VP ( VBG saving ) ( NP ( NNP Grumman ) ( NNS jobs ) ) ) ) ) ) ) ( CC and ) ( VP ( VBP are ) ( ADJP-PRD ( VBN worried ) ( PP ( IN about ) ( NP ( NP ( JJ potential ) ( NNS shortages ) ) ( PP ( IN of ) ( NP ( JJ carrier-based ) ( NN aircraft ) ) ) ( PP-TMP ( IN by ) ( NP ( DT the ) ( JJ late ) ( NNS 1990s ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

But the plane boasts a strong core of support in the House where members are intent on saving Grumman jobs and are worried about potential shortages of carrier-based aircraft by the late 1990s


( S ( NP-SBJ ( NNS Conferees ) ) ( ADVP ( RB also ) ) ( VP ( VBD agreed ) ( PP-CLR ( TO to ) ( NP ( NNP Pentagon ) ( NNS requests ) ( S ( VP ( TO to ) ( VP ( VB earmark ) ( NP ( NP ( DT a ) ( NN total ) ) ( PP ( IN of ) ( NP ( QP ( RB nearly ) ( CD 1 ) ( CD billion ) ) ) ) ) ( PP-CLR ( IN for ) ( NP ( NP ( NN work ) ) ( PP ( IN on ) ( NP ( DT both ) ( JJ mobile ) ( NNP MX ) ( CC and ) ( NNP Midgetman ) ( JJ nuclear ) ( NNS missiles ) ) ) ) ) ) ) ) ) ) ( PP ( VBG according ) ( PP ( TO to ) ( NP ( JJ congressional ) ( NNS aides ) ) ) ) ) )

Conferees also agreed to Pentagon requests to earmark a total of nearly 1 billion for work on both mobile MX and Midgetman nuclear missiles according to congressional aides


( S ( CC And ) ( NP-SBJ ( NNS lawmakers ) ) ( VP ( VBP are ) ( VP ( VBG putting ) ( NP ( DT the ) ( JJ finishing ) ( NNS touches ) ) ( PP-PUT ( IN on ) ( NP ( NP ( DT a ) ( NN compromise ) ) ( SBAR ( WHNP-3 ( WDT that ) ) ( S ( VP ( MD would ) ( VP ( VB give ) ( NP ( DT the ) ( NNP Air ) ( NNP Force ) ) ( NP ( NP ( RB nearly ) ( DT all ) ) ( PP ( IN of ) ( NP ( NP ( DT the ) ( QP ( CD 2.4 ) ( CD billion ) ) ) ( SBAR ( S ( NP-SBJ ( PRP it ) ) ( VP ( VBZ wants ) ( PP-CLR ( IN for ) ( NP ( NP ( NN production ) ) ( PP ( IN of ) ( NP ( NP ( NP ( NNP Northrop ) ( NNP Corp. ) ( POS 's ) ) ( VBG radar-eluding ) ( NN B-2 ) ( NNS bombers ) ) ( SBAR ( WHNP-4 ( WDT which ) ) ( S ( VP ( VBP cost ) ( NP ( NP ( QP ( CD 530 ) ( CD million ) ) ) ( NP-ADV ( RB apiece ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

And lawmakers are putting the finishing touches on a compromise that would give the Air Force nearly all of the 2.4 billion it wants for production of Northrop Corp. 's radar-eluding B-2 bombers which cost 530 million apiece


( S ( S ( NP-SBJ-1 ( DT The ) ( JJ final ) ( NN B-2 ) ( NN agreement ) ) ( VP ( VBZ is ) ( ADJP-PRD ( JJ certain ) ( S ( VP ( TO to ) ( VP ( VB require ) ( NP ( NP ( JJ detailed ) ( NN testing ) ( CC and ) ( NN verification ) ) ( PP ( IN of ) ( NP ( NP ( DT the ) ( NN bomber ) ( POS 's ) ) ( NNS capabilities ) ) ) ) ) ) ) ) ) ) ( CC but ) ( S ( NP-SBJ ( JJ congressional ) ( NNS aides ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( DT the ) ( NN accord ) ) ( VP ( MD wo ) ( RB n't ) ( VP ( VB include ) ( NP ( NP ( DT a ) ( JJ House-passed ) ( NN provision ) ) ( SBAR ( WHNP-3 ( WDT that ) ) ( S ( VP ( MD would ) ( VP ( VB have ) ( VP ( VBN withheld ) ( NP ( NN production ) ( NNS funds ) ) ( SBAR-TMP ( IN until ) ( S ( NP-SBJ ( NNP Congress ) ) ( VP ( VBZ approves ) ( NP ( NP ( DT a ) ( JJR cheaper ) ( JJ scaled-down ) ( NN version ) ) ( PP ( IN of ) ( NP ( NP ( NP ( DT the ) ( ADJP ( QP ( CD 70 ) ( CD billion ) ) ) ( NN fleet ) ) ( PP ( IN of ) ( NP ( CD 132 ) ( NNS B-2s ) ) ) ) ( VP ( VBN envisioned ) ( PP ( IN by ) ( NP-LGS ( DT the ) ( NNP Pentagon ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

The final B-2 agreement is certain to require detailed testing and verification of the bomber 's capabilities but congressional aides said the accord wo n't include a House-passed provision that would have withheld production funds until Congress approves a cheaper scaled-down version of the 70 billion fleet of 132 B-2s envisioned by the Pentagon


( S ( NP-SBJ ( NP ( NP ( DT THE ) ( NNP AMERICAN ) ( NNP CANCER ) ( NNP SOCIETY ) ( POS 'S ) ) ( CD 1988 ) ( NNS costs ) ) ( PP ( IN of ) ( NP ( NP ( NN fund ) ( NN raising ) ) ( CC and ) ( NP ( NN administration ) ) ) ) ) ( VP ( VBD were ) ( NP-PRD ( NP ( QP ( CD 72.4 ) ( CD million ) ) ) ( CC or ) ( NP ( NP ( CD 23.2 ) ( NN % ) ) ( PP ( IN of ) ( NP ( PRP$ its ) ( NN revenue ) ) ) ) ) ) )

THE AMERICAN CANCER SOCIETY 'S 1988 costs of fund raising and administration were 72.4 million or 23.2 % of its revenue


( S ( NP-SBJ ( NP ( DT A ) ( NN chart ) ) ( PP-LOC ( IN in ) ( NP ( NP ( NP ( JJ last ) ( NNP Friday ) ( POS 's ) ) ( JJ special ) ( NN report ) ) ( PP ( IN on ) ( NP ( JJ personal ) ( NN finance ) ) ) ) ) ) ( VP ( VBD contained ) ( NP ( NP ( DT an ) ( JJ incorrect ) ( NN figure ) ) ( VP ( VBN supplied ) ( PP ( IN by ) ( NP-LGS ( NP ( NNP NonProfit ) ( NNPS Times ) ) ( NP ( NP ( DT a ) ( JJ monthly ) ( NN newspaper ) ) ( VP ( VBG covering ) ( NP ( NNS charities ) ) ) ) ) ) ) ) ) )

A chart in last Friday 's special report on personal finance contained an incorrect figure supplied by NonProfit Times a monthly newspaper covering charities


( S ( NP-SBJ-1 ( NNP Quickview ) ( NNPS Systems ) ( NNP Inc. ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( PRP it ) ) ( VP ( VBD filed ) ( NP ( DT a ) ( NN lawsuit ) ) ( PP-CLR ( IN against ) ( NP ( NNP Apple ) ( NNP Computer ) ( NNP Inc. ) ) ) ) ) ) ( S-ADV ( VP ( VBG claiming ) ( NP ( NP ( NN patent ) ( NN infringement ) ) ( PP-LOC ( IN in ) ( NP ( NP ( DT an ) ( NN element ) ) ( PP ( IN of ) ( NP ( NP ( NNP Apple ) ( POS 's ) ) ( JJ popular ) ( NNP HyperCard ) ( NN software ) ( NN program ) ) ) ) ) ) ) ) ) )

Quickview Systems Inc. said it filed a lawsuit against Apple Computer Inc. claiming patent infringement in an element of Apple 's popular HyperCard software program


( S ( NP-SBJ ( NP ( DT The ) ( NN suit ) ) ( VP ( VBN filed ) ( PP-LOC ( IN in ) ( NP ( NNP Minneapolis ) ( JJ federal ) ( NN court ) ) ) ) ) ( VP ( VBZ claims ) ( SBAR ( IN that ) ( S ( NP-SBJ ( NNP Apple ) ) ( VP ( VBD violated ) ( NP ( NP ( DT a ) ( NNP Quickview ) ( NN patent ) ) ( SBAR ( WHNP-1 ( WDT that ) ) ( S ( VP ( VBZ allows ) ( S ( NP-SBJ ( NN computer ) ( NNS users ) ) ( VP ( TO to ) ( VP ( VB display ) ( NP ( NP ( JJ only ) ( NNS portions ) ) ( PP ( IN of ) ( NP ( JJ multiple ) ( NNS fields ) ) ) ) ( PP-LOC ( IN on ) ( NP ( DT a ) ( NN computer ) ( NN screen ) ) ) ( PP ( IN with ) ( NP ( DT the ) ( NN ability ) ( S ( VP ( TO to ) ( VP ( VB see ) ( NP ( NP ( DT the ) ( JJ entire ) ( NNS contents ) ) ( PP ( IN of ) ( NP ( DT any ) ( VBN given ) ( NN field ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

The suit filed in Minneapolis federal court claims that Apple violated a Quickview patent that allows computer users to display only portions of multiple fields on a computer screen with the ability to see the entire contents of any given field


( S ( NP-SBJ-2 ( DT The ) ( NNP HyperCard ) ( NN program ) ) ( VP ( VP ( VBZ allows ) ( S ( NP-SBJ ( NNS users ) ) ( VP ( TO to ) ( VP ( VB design ) ( NP ( NP ( NNS applications ) ) ( PP ( IN for ) ( NP ( NNP Macintosh ) ( NNS computers ) ) ) ) ( PP ( IN without ) ( S-NOM ( VP ( VBG having ) ( S ( VP ( TO to ) ( VP ( VB be ) ( NP-PRD ( NN hardcore ) ( NNS programmers ) ) ) ) ) ) ) ) ) ) ) ) ( CC and ) ( VP ( VBZ is ) ( VP ( VBN distributed ) ( PP-CLR ( IN with ) ( NP ( NP ( DT every ) ( NNP Macintosh ) ) ( VP ( VBN sold ) ) ) ) ) ) ) )

The HyperCard program allows users to design applications for Macintosh computers without having to be hardcore programmers and is distributed with every Macintosh sold


( S ( S ( NP-SBJ ( PRP It ) ) ( VP ( VBZ 's ) ( NP-PRD ( NP ( CD one ) ) ( PP ( IN of ) ( NP ( NP ( DT the ) ( ADJP ( RBS most ) ( JJ popular ) ) ( NN computer ) ( NNS programs ) ) ( PP ( IN of ) ( NP ( DT all ) ( NN time ) ) ) ) ) ) ) ) ( CC but ) ( S ( NP-SBJ ( NNS analysts ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ-1 ( DT the ) ( NNP Quickview ) ( NN suit ) ) ( VP ( VBZ does ) ( RB n't ) ( VP ( VB appear ) ( S ( VP ( TO to ) ( VP ( VB bode ) ( NP ( NP ( JJ major ) ( NNS difficulties ) ) ( PP ( IN for ) ( NP ( NNP Apple ) ) ) ) ) ) ) ) ) ) ) ) ) )

It 's one of the most popular computer programs of all time but analysts said the Quickview suit does n't appear to bode major difficulties for Apple


( SINV ( S-TPC-1 ( NP-SBJ ( NP ( DT The ) ( NN technology ) ) ( PP ( IN at ) ( NP ( NN issue ) ) ) ) ( VP ( VBZ is ) ( RB not ) ( NP-PRD ( NP ( DT an ) ( VBG underlying ) ( NN technology ) ) ( PP ( IN of ) ( NP ( NNP HyperCard ) ) ) ) ( PP ( TO to ) ( NP ( PRP$ my ) ( NN knowledge ) ) ) ) ) ( VP ( VBD said ) ) ( NP-SBJ ( NP ( NNP Danny ) ( NNP Goodman ) ) ( NP ( DT a ) ( ADJP ( NNP San ) ( JJ Francisco-area ) ) ( NNP HyperCard ) ( NN program ) ( NN developer ) ) ) )

The technology at issue is not an underlying technology of HyperCard to my knowledge said Danny Goodman a San Francisco-area HyperCard program developer


( S ( ADVP ( RB Nonetheless ) ) ( NP-SBJ ( DT the ) ( NN suit ) ) ( VP ( VBZ seeks ) ( NP ( NP ( JJ unspecified ) ( NNS damages ) ) ( SBAR ( WHNP-1 ( IN that ) ) ( S ( NP-SBJ ( NP ( DT an ) ( NN attorney ) ) ( PP ( IN for ) ( NP ( NNP Quickview ) ) ) ) ( VP ( VBD claimed ) ( SBAR ( S ( VP ( MD could ) ( VP ( VB run ) ( PP-CLR ( IN into ) ( NP ( NP ( DT the ) ( NNS millions ) ) ( PP ( IN of ) ( NP ( NNS dollars ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

Nonetheless the suit seeks unspecified damages that an attorney for Quickview claimed could run into the millions of dollars


( S ( PP-LOC ( IN In ) ( NP ( NNP Cupertino ) ( NNP Calif. ) ) ) ( NP-SBJ ( NNP Apple ) ) ( VP ( VBD said ) ( SBAR ( IN that ) ( S ( NP-SBJ ( PRP it ) ) ( VP ( VBZ believes ) ( SBAR ( SBAR ( S ( NP-SBJ ( DT the ) ( NN case ) ) ( VP ( VBZ has ) ( NP ( DT no ) ( NN merit ) ) ) ) ) ( CC and ) ( SBAR ( DT that ) ( S ( NP-SBJ ( NNP HyperCard ) ) ( VP ( VBZ does ) ( RB not ) ( VP ( VB infringe ) ( NP ( NP ( DT any ) ( JJ valid ) ( NNS claims ) ) ( PP ( IN of ) ( NP ( DT the ) ( NNP Quickview ) ( NNS patents ) ) ) ) ) ) ) ) ) ) ) ) ) )

In Cupertino Calif. Apple said that it believes the case has no merit and that HyperCard does not infringe any valid claims of the Quickview patents


( S ( NP-SBJ ( PRP It ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ-1 ( PRP it ) ) ( VP ( VBD filed ) ( NP ( NP ( DT an ) ( NN action ) ) ( PP ( IN of ) ( NP ( PRP$ its ) ( JJ own ) ) ) ) ( PP-LOC ( IN in ) ( NP ( NP ( JJ federal ) ( NN court ) ) ( PP-LOC ( IN in ) ( NP ( NP ( NNP San ) ( NNP Jose ) ) ( NP ( NNP Calif. ) ) ) ) ) ) ( S-ADV ( VP ( VBG seeking ) ( NP ( DT a ) ( NN declaration ) ( SBAR ( IN that ) ( S ( NP-SBJ ( NP ( NNP Quickview ) ( POS 's ) ) ( NNS claims ) ) ( VP ( VBP are ) ( ADJP-PRD ( JJ invalid ) ) ) ) ) ) ) ) ) ) ) ) )

It said it filed an action of its own in federal court in San Jose Calif. seeking a declaration that Quickview 's claims are invalid


( S ( NP-SBJ-2 ( NNP Anheuser-Busch ) ( NNP Cos. ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ-1 ( PRP it ) ) ( VP ( VBZ plans ) ( S ( VP ( TO to ) ( ADVP-MNR ( RB aggressively ) ) ( VP ( VB discount ) ( NP ( PRP$ its ) ( JJ major ) ( NN beer ) ( NNS brands ) ) ) ) ) ) ) ) ( S-ADV ( VP ( VBG setting ) ( NP-CLR ( DT the ) ( NN stage ) ) ( PP-CLR ( IN for ) ( NP ( DT a ) ( ADJP ( RB potentially ) ( JJ bruising ) ) ( NN price ) ( NN war ) ) ) ( SBAR-TMP ( IN as ) ( S ( NP-SBJ-3 ( NP ( DT the ) ( VBG maturing ) ( NN industry ) ( POS 's ) ) ( NN growth ) ) ( VP ( VBZ continues ) ( S ( VP ( TO to ) ( VP ( VB slow ) ) ) ) ) ) ) ) ) ) )

Anheuser-Busch Cos. said it plans to aggressively discount its major beer brands setting the stage for a potentially bruising price war as the maturing industry 's growth continues to slow


( S ( NP-SBJ-1 ( NP ( NNP Anheuser ) ) ( NP ( NP ( NP ( DT the ) ( NN world ) ( POS 's ) ) ( JJS largest ) ( NN brewer ) ) ( CC and ) ( NP ( NNP U.S. ) ( NN market ) ( NN leader ) ) ) ) ( VP ( VBZ has ) ( ADVP ( RB historically ) ) ( VP ( VBN been ) ( ADJP-PRD ( JJ reluctant ) ( S ( VP ( TO to ) ( VP ( VB engage ) ( PP-CLR ( IN in ) ( NP ( NP ( NN price-cutting ) ) ( PP ( IN as ) ( NP ( NP ( DT a ) ( NN means ) ) ( PP ( IN of ) ( S-NOM ( VP ( VBG boosting ) ( NP ( NNS sales ) ( NN volume ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

Anheuser the world 's largest brewer and U.S. market leader has historically been reluctant to engage in price-cutting as a means of boosting sales volume


( S ( PP ( IN With ) ( NP ( NP ( DT the ) ( NN passing ) ) ( PP ( IN of ) ( NP ( NP ( DT the ) ( JJ heady ) ( NNS days ) ) ( PP ( IN of ) ( NP ( VBG swelling ) ( NN industry ) ( NNS sales ) ) ) ) ) ) ) ( ADVP ( RB however ) ) ( NP-SBJ ( NP ( DT the ) ( ADJP ( JJ once-sporadic ) ( CC and ) ( JJ brief ) ) ( NNS forays ) ) ( PP-DIR ( IN into ) ( NP ( NN discounting ) ) ) ) ( VP ( VBP are ) ( VP ( VBG becoming ) ( NP-PRD ( JJ standard ) ( JJ competitive ) ( NNS weapons ) ) ( PP-LOC ( IN in ) ( NP ( DT the ) ( NN beer ) ( NN industry ) ) ) ) ) )

With the passing of the heady days of swelling industry sales however the once-sporadic and brief forays into discounting are becoming standard competitive weapons in the beer industry


( S ( PP-TMP ( IN Over ) ( NP ( DT the ) ( NN summer ) ) ) ( NP-SBJ ( NNP Anheuser ) ( NNS competitors ) ) ( VP ( VBD offered ) ( NP ( NP ( ADJP ( JJR more ) ( CC and ) ( JJR deeper ) ) ( NNS discounts ) ) ( SBAR ( IN than ) ( S ( NP-SBJ ( NN industry ) ( NNS observers ) ) ( VP ( VBP have ) ( VP ( VBN seen ) ( PP-TMP ( IN for ) ( NP ( DT a ) ( JJ long ) ( NN time ) ) ) ) ) ) ) ) ) )

Over the summer Anheuser competitors offered more and deeper discounts than industry observers have seen for a long time


( S ( NP-SBJ ( DT Some ) ( NNS experts ) ) ( ADVP-TMP ( RB now ) ) ( VP ( VBP predict ) ( SBAR ( S ( NP-SBJ ( NP ( NP ( NNP Anheuser ) ( POS 's ) ) ( NN entry ) ) ( PP-TMP ( IN into ) ( NP ( DT the ) ( NN fray ) ) ) ) ( VP ( VBZ means ) ( NP ( NP ( JJ near-term ) ( NNS earnings ) ( NN trouble ) ) ( PP ( IN for ) ( NP ( PDT all ) ( DT the ) ( NN industry ) ( NNS players ) ) ) ) ) ) ) ) )

Some experts now predict Anheuser 's entry into the fray means near-term earnings trouble for all the industry players


( S ( NP-SBJ ( DT The ) ( NNP St. ) ( NNP Louis ) ( NN company ) ) ( VP ( VBD said ) ( S ( NP-SBJ-2 ( NP ( JJ major ) ( NNS rivals ) ) ( NP ( NP ( NP ( NNP Philip ) ( NNP Morris ) ( NNP Co. ) ( POS 's ) ) ( NNP Miller ) ( NNP Brewing ) ( NN unit ) ) ( CC and ) ( NP ( NNP Adolph ) ( NNP Coors ) ( NNP Co. ) ) ) ) ( VP ( VBP have ) ( VP ( VBN been ) ( VP ( VBG following ) ( NP ( NP ( DT a ) ( NN policy ) ) ( PP ( IN of ) ( NP ( NP ( ADJP ( JJ continuous ) ( CC and ) ( JJ deep ) ) ( NN discounting ) ) ) ) ) ( PP-TMP ( IN for ) ( NP ( ADVP ( IN at ) ( JJS least ) ) ( DT the ) ( JJ past ) ( CD 18 ) ( NNS months ) ) ) ( PP-1 ( IN on ) ( NP ( PRP$ their ) ( JJ premium ) ( NNS brands ) ) ) ( S-ADV ( VP ( VBG pricing ) ( NP ( PRP$ their ) ( NN product ) ) ( PP-CLR ( ADVP ( ADVP ( RB as ) ( JJ much ) ) ( PP ( IN as ) ( NP ( NP ( CD 25 ) ( NNS cents ) ) ( NP-ADV ( DT a ) ( NN 12-pack ) ) ) ) ) ( IN below ) ( NP ( NP ( NNP Anheuser ) ( POS 's ) ) ( NNP Budweiser ) ( NN label ) ) ) ( PP-LOC ( IN in ) ( NP ( JJ many ) ( NNS markets ) ) ) ) ) ) ) ) ) ) )

The St. Louis company said major rivals Philip Morris Co. 's Miller Brewing unit and Adolph Coors Co. have been following a policy of continuous and deep discounting for at least the past 18 months on their premium brands pricing their product as much as 25 cents a 12-pack below Anheuser 's Budweiser label in many markets


( S ( NP-SBJ ( NNP Anheuser ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( PRP it ) ( VBZ 's ) ( NN discounting ) ( NN policy ) ) ( ADVP ( RB basically ) ) ( VP ( MD would ) ( VP ( VB involve ) ( S ( VP ( VBG matching ) ( NP ( NP ( JJ such ) ( NNS moves ) ) ( PP ( IN by ) ( NP ( NNS rivals ) ) ) ) ( PP-MNR ( IN on ) ( NP ( DT a ) ( JJ market-by-market ) ( NN basis ) ) ) ) ) ) ) ) ) ) )

Anheuser said it 's discounting policy basically would involve matching such moves by rivals on a market-by-market basis


( S ( NP-SBJ ( NNP Anheuser-Busch ) ) ( VP ( VBD announced ) ( NP ( PRP$ its ) ( NN plan ) ) ( PP-TMP ( IN at ) ( NP ( NP ( DT the ) ( JJ same ) ( NN time ) ) ( SBAR ( S ( NP-SBJ ( PRP it ) ) ( VP ( VBD reported ) ( SBAR ( S ( NP-SBJ ( JJ third-quarter ) ( JJ net ) ( NN income ) ) ( VP ( VBD rose ) ( NP-ADV ( DT a ) ( JJ lower-than-anticipated ) ( CD 5.2 ) ( NN % ) ) ( PP-DIR ( TO to ) ( NP ( NP ( QP ( CD 238.3 ) ( CD million ) ) ) ( CC or ) ( NP ( NP ( CD 83 ) ( NNS cents ) ) ( NP-ADV ( DT a ) ( NN share ) ) ) ) ) ( PP-DIR ( IN from ) ( NP ( NP ( QP ( CD 226.5 ) ( CD million ) ) ) ( CC or ) ( NP ( CD 78 ) ( NNS cents ) ) ) ) ) ) ) ) ) ) ) ) ) )

Anheuser-Busch announced its plan at the same time it reported third-quarter net income rose a lower-than-anticipated 5.2 % to 238.3 million or 83 cents a share from 226.5 million or 78 cents


( S ( NP-SBJ ( JJ Third-period ) ( NNS sales ) ) ( VP ( VBD were ) ( NP-PRD ( NP ( QP ( CD 2.49 ) ( CD billion ) ) ) ( ADVP ( RB up ) ( PP ( IN from ) ( NP ( NP ( JJ last ) ( NN year ) ( POS 's ) ) ( QP ( CD 2.34 ) ( CD billion ) ) ) ) ) ) ) )

Third-period sales were 2.49 billion up from last year 's 2.34 billion


( S ( NP-SBJ ( NNP Anheuser ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ-2 ( PRP$ its ) ( JJ new ) ( NN strategy ) ) ( S-ADV ( VP ( VP ( VBN started ) ( PP-LOC ( IN in ) ( NP ( DT some ) ( NNS markets ) ) ) ( NP-TMP ( JJ last ) ( NN month ) ) ) ( CC and ) ( VP ( VBN expected ) ( S ( VP ( TO to ) ( VP ( VB be ) ( VP ( VBN applied ) ( ADVP-TMP ( RB soon ) ) ( PP-LOC ( IN in ) ( NP ( VBN selected ) ( NNS markets ) ( JJ nationwide ) ) ) ) ) ) ) ) ) ) ( VP ( MD will ) ( VP ( VB mean ) ( NP ( NP ( JJ lower-than-anticipated ) ( NNS earnings ) ) ( PP-TMP ( PP ( IN for ) ( NP ( NP ( DT the ) ( JJ last ) ( NN half ) ) ( PP ( IN of ) ( NP ( CD 1989 ) ) ) ) ) ( CC and ) ( PP ( IN for ) ( NP ( CD 1990 ) ) ) ) ) ) ) ) ) ) )

Anheuser said its new strategy started in some markets last month and expected to be applied soon in selected markets nationwide will mean lower-than-anticipated earnings for the last half of 1989 and for 1990


( S ( NP-SBJ ( DT The ) ( NN projection ) ) ( VP ( VBN sent ) ( S ( NP-SBJ ( NNP Anheuser ) ( NNS shares ) ) ( VP ( VBG plunging ) ( NP-ADV ( CD 4.375 ) ) ) ) ( PP-LOC ( IN in ) ( NP ( NNP New ) ( NNP York ) ( NNP Stock ) ( NNP Exchange ) ( JJ composite ) ( NN trading ) ) ) ( NP-TMP ( NN yesterday ) ) ) )

The projection sent Anheuser shares plunging 4.375 in New York Stock Exchange composite trading yesterday


( S ( NP-SBJ ( DT The ) ( NN stock ) ) ( VP ( VBN closed ) ( PP-CLR ( IN at ) ( NP ( CD 38.50 ) ) ) ( PP ( IN on ) ( NP ( NP ( JJ heavy ) ( NN volume ) ) ( PP ( IN of ) ( NP ( QP ( IN about ) ( CD 3.5 ) ( CD million ) ) ( NNS shares ) ) ) ) ) ) )

The stock closed at 38.50 on heavy volume of about 3.5 million shares


( S ( NP-SBJ ( NP ( NNS Shares ) ) ( PP ( IN of ) ( NP ( NP ( NNP Coors ) ) ( NP ( NP ( DT the ) ( NN company ) ( POS 's ) ) ( NN sole ) ( ADJP ( RB publicly ) ( JJ traded ) ) ( JJ major ) ( NN competitor ) ) ) ) ) ( VP ( VBD fell ) ( NP-EXT ( NP ( CD 1.50 ) ) ( NP-ADV ( JJ apiece ) ) ) ( PP-DIR ( TO to ) ( NP ( CD 19.125 ) ) ) ( PP-LOC ( IN in ) ( NP ( JJ national ) ( JJ over-the-counter ) ( NN trading ) ) ) ( PP ( ADVP ( RB apparently ) ) ( IN on ) ( NP ( NP ( NN investor ) ( NNS concerns ) ) ( PP ( IN over ) ( NP ( NP ( JJ potential ) ( NN fallout ) ) ( PP ( IN from ) ( NP ( DT the ) ( VBG coming ) ( NN pricing ) ( NN struggle ) ) ) ) ) ) ) ) )

Shares of Coors the company 's sole publicly traded major competitor fell 1.50 apiece to 19.125 in national over-the-counter trading apparently on investor concerns over potential fallout from the coming pricing struggle


( S ( NP-SBJ ( NNP Anheuser ) ) ( VP ( VBD noted ) ( SBAR ( IN that ) ( S ( NP-SBJ ( NP ( NN beer ) ( NN industry ) ( NNS sales ) ( NN volume ) ) ( PP-TMP ( VBZ is ) ( NP ( CD 1989 ) ) ) ) ( VP ( VBZ is ) ( VP ( VBG following ) ( NP ( NP ( DT the ) ( NN trend ) ) ( SBAR ( WHNP-1 ( WDT that ) ) ( S ( VP ( VBZ has ) ( VP ( VBN characterized ) ( NP ( NP ( DT the ) ( JJ last ) ( NN half ) ) ( PP ( IN of ) ( NP ( DT the ) ( NNS '80s ) ) ) ) ) ) ) ) ) ( PP ( IN with ) ( S-NOM ( NP-SBJ ( NNS sales ) ( NN volume ) ) ( VP ( VBG being ) ( ADJP-PRD ( RB essentially ) ( JJ flat ) ) ( SBAR-TMP ( IN while ) ( S ( NP-SBJ ( NN consolidation ) ) ( VP ( VBZ creates ) ( NP ( JJR fewer ) ( JJR bigger ) ( NNS players ) ) ) ) ) ) ) ) ) ) ) ) ) )

Anheuser noted that beer industry sales volume is 1989 is following the trend that has characterized the last half of the '80s with sales volume being essentially flat while consolidation creates fewer bigger players


( S ( S-TPC-2 ( NP-SBJ ( PRP We ) ) ( VP ( MD can ) ( RB not ) ( VP ( VB permit ) ( NP ( NP ( DT a ) ( JJR further ) ( NN slowing ) ) ( PP-LOC ( IN in ) ( NP ( PRP$ our ) ( NN volume ) ( NN trend ) ) ) ) ) ) ) ( NP-SBJ-1 ( NNP Anheuser ) ) ( VP ( VBD said ) ( S-ADV ( VP ( VBG adding ) ( SBAR ( S ( NP-SBJ-3 ( PRP it ) ) ( VP ( MD will ) ( VP ( VB take ) ( NP ( JJ appropriate ) ( JJ competitive ) ( NN pricing ) ( NNS actions ) ) ( S-PRP ( VP ( TO to ) ( VP ( VB support ) ( NP ( NP ( PRP$ our ) ( JJ long-term ) ( NN market ) ( NN share ) ( NN growth ) ( NN strategy ) ) ( PP ( IN for ) ( NP ( DT the ) ( JJ premium ) ( NNS brands ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

We can not permit a further slowing in our volume trend Anheuser said adding it will take appropriate competitive pricing actions to support our long-term market share growth strategy for the premium brands


( S ( NP-SBJ ( NNP Anheuser ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ-1 ( PRP it ) ) ( VP ( VBZ continues ) ( S ( VP ( TO to ) ( VP ( VB hold ) ( PP-CLR ( TO to ) ( NP ( NP ( PRP$ its ) ( JJ earlier-announced ) ( NN goal ) ) ( PP ( IN of ) ( NP ( NP ( DT a ) ( ADJP ( CD 50 ) ( NN % ) ) ( NNP U.S. ) ( NN market ) ( NN share ) ) ( PP-TMP ( IN by ) ( NP ( DT the ) ( NNS mid-1990s ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

Anheuser said it continues to hold to its earlier-announced goal of a 50 % U.S. market share by the mid-1990s


( SINV ( PP-LOC-CLR-TPC-1 ( IN Beneath ) ( NP ( DT the ) ( JJ tepid ) ( NN news-release ) ( NN jargon ) ) ) ( VP ( VBZ lies ) ) ( NP-SBJ ( NP ( DT a ) ( JJ powerful ) ( NN threat ) ) ( PP ( IN from ) ( NP ( NP ( DT the ) ( VBG brewing ) ( NN giant ) ) ( SBAR ( WHNP-2 ( WDT which ) ) ( S ( S ( NP-TMP ( JJ last ) ( NN year ) ) ( VP ( VBD accounted ) ( PP-CLR ( IN for ) ( NP ( NP ( QP ( IN about ) ( CD 41 ) ) ( NN % ) ) ( PP ( IN of ) ( NP ( DT all ) ( NNP U.S. ) ( NN beer ) ( NNS sales ) ) ) ) ) ) ) ( CC and ) ( S ( VP ( VBZ is ) ( VP ( VBN expected ) ( S ( VP ( TO to ) ( VP ( VB see ) ( S ( NP-SBJ ( DT that ) ) ( VP ( VB grow ) ( PP-CLR ( TO to ) ( NP ( CD 42.5 ) ( NN % ) ) ) ( PP-TMP ( IN in ) ( NP ( DT the ) ( JJ current ) ( NN year ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

Beneath the tepid news-release jargon lies a powerful threat from the brewing giant which last year accounted for about 41 % of all U.S. beer sales and is expected to see that grow to 42.5 % in the current year


( SINV ( S-TPC-2 ( S ( NP-SBJ ( NNP Anheuser ) ) ( VP ( VBZ is ) ( NP-PRD ( NP ( DT the ) ( JJS biggest ) ( NN guy ) ) ( PP-LOC ( IN in ) ( NP ( DT the ) ( NN bar ) ) ) ) ) ) ( CC and ) ( S ( NP-SBJ-1 ( PRP he ) ) ( ADVP ( RB just ) ) ( VP ( VBD decided ) ( S ( VP ( TO to ) ( VP ( VB join ) ( PP-CLR ( IN in ) ( NP ( DT the ) ( NN barroom ) ( NN brawl ) ) ) ) ) ) ) ) ) ( VP ( VBD said ) ) ( NP-SBJ ( NP ( NNP Joseph ) ( NNP J. ) ( NNP Doyle ) ) ( NP ( NP ( DT an ) ( NN analyst ) ) ( PP ( IN with ) ( NP ( NNP Smith ) ( NNP Barney ) ( NNP Harris ) ( NNP Upham ) ( CC & ) ( NNP Co ) ) ) ) ) )

Anheuser is the biggest guy in the bar and he just decided to join in the barroom brawl said Joseph J. Doyle an analyst with Smith Barney Harris Upham & Co


( S ( NP-SBJ-1 ( PRP It ) ) ( VP ( VBZ 's ) ( VP ( VBG going ) ( S ( VP ( TO to ) ( VP ( VB get ) ( ADJP-PRD ( JJ bloody ) ) ) ) ) ) ) )

It 's going to get bloody


( S ( NP-SBJ ( NP ( NNP Jerry ) ( NNP Steinman ) ) ( NP ( NP ( NN publisher ) ) ( PP ( IN of ) ( NP ( NP ( NNP Beer ) ( NNPS Marketers ) ( NNPS Insights ) ) ( NP ( DT a ) ( NN trade ) ( NN newsletter ) ) ) ) ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( NP ( NNP Anheuser ) ( POS 's ) ) ( NN announcement ) ) ( VP ( VBZ means ) ( SBAR ( S ( NP-SBJ-1 ( NP ( NN everybody ) ( JJ else ) ) ( PP-LOC ( IN in ) ( NP ( DT the ) ( NN industry ) ) ) ) ( VP ( VBZ is ) ( VP ( VBG going ) ( S ( VP ( TO to ) ( VP ( VB have ) ( NP-CLR ( DT a ) ( JJ difficult ) ( NN time ) ) ( S-CLR ( VP ( VBG reaching ) ( NP ( PRP$ their ) ( NN profit ) ( NNS objectives ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

Jerry Steinman publisher of Beer Marketers Insights a trade newsletter said Anheuser 's announcement means everybody else in the industry is going to have a difficult time reaching their profit objectives


( S ( NP-SBJ ( NNP Prudential-Bache ) ( NNPS Securities ) ( NNP Inc. ) ( NN analyst ) ( NNP George ) ( NNP E. ) ( NNP Thompson ) ) ( VP ( VP ( VBD downplayed ) ( NP ( NP ( DT the ) ( NN importance ) ) ( PP ( IN of ) ( NP ( DT the ) ( NN announcement ) ) ) ) ) ( CC and ) ( VP ( VBD called ) ( S ( NP-SBJ ( NP ( DT any ) ( NN comparison ) ) ( PP ( IN between ) ( NP ( NP ( DT the ) ( VBG coming ) ( NN beer-industry ) ( NN tiff ) ) ( CC and ) ( NP ( DT the ) ( ADJP ( RB seemingly ) ( JJ unending ) ) ( NN cola ) ( NNS wars ) ) ) ) ) ( ADJP-PRD ( JJ unwarranted ) ) ) ) ) )

Prudential-Bache Securities Inc. analyst George E. Thompson downplayed the importance of the announcement and called any comparison between the coming beer-industry tiff and the seemingly unending cola wars unwarranted


( S ( NP-SBJ ( NNP Mr. ) ( NNP Thompson ) ) ( VP ( VP ( VBZ calls ) ( S ( NP-SBJ ( NN discounting ) ) ( NP-PRD ( NP ( NP ( DT a ) ( NN loser ) ( POS 's ) ) ( NN game ) ) ( PP ( IN for ) ( NP ( NP ( NN anyone ) ) ( PP ( IN without ) ( NP ( DT a ) ( JJ dominant ) ( NN market ) ( NN share ) ) ) ) ) ) ) ) ( CC and ) ( VP ( VBD projected ) ( SBAR ( DT that ) ( S ( NP-SBJ ( NP ( NP ( NNP Anheuser ) ( POS 's ) ) ( NN statement ) ) ( PP ( IN of ) ( NP ( NN intent ) ) ) ) ( VP ( MD could ) ( ADVP ( RB simply ) ) ( VP ( VB be ) ( NP-PRD ( NP ( DT a ) ( NN means ) ) ( PP ( IN of ) ( S-NOM ( VP ( VBG warning ) ( S ( NP-SBJ ( NNS competitors ) ) ( VP ( TO to ) ( VP ( VP ( VB ease ) ( PRT ( RP up ) ) ( PP-CLR ( IN on ) ( NP ( NN price-cutting ) ) ) ) ( CC or ) ( VP ( VB face ) ( NP ( DT a ) ( ADJP ( JJ costly ) ( CC and ) ( JJ fruitless ) ) ( NN battle ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

Mr. Thompson calls discounting a loser 's game for anyone without a dominant market share and projected that Anheuser 's statement of intent could simply be a means of warning competitors to ease up on price-cutting or face a costly and fruitless battle


( S ( NP-SBJ ( NNP Mr. ) ( NNP Thompson ) ) ( VP ( VBD noted ) ( SBAR ( IN that ) ( S ( NP-SBJ ( NP ( DT the ) ( JJ disappointing ) ( NNS earnings ) ) ( SBAR ( WHNP-1 ( WDT which ) ) ( S ( VP ( VBD fell ) ( ADVP ( NP ( NP ( CD five ) ( NNS cents ) ) ( NP-ADV ( DT a ) ( NN share ) ) ) ( JJ short ) ( PP ( IN of ) ( NP ( PRP$ his ) ( JJ own ) ( NNS projections ) ) ) ) ) ) ) ) ( VP ( VBD contributed ) ( PP-CLR ( TO to ) ( NP ( NP ( DT the ) ( NN sell-off ) ) ( PP ( IN by ) ( NP ( DT an ) ( ADJP ( ADJP ( JJ edgy ) ) ( CC and ) ( ADJP ( RB currently ) ( JJ unforgiving ) ) ) ( VBG investing ) ( NN public ) ) ) ) ) ) ) ) ) )

Mr. Thompson noted that the disappointing earnings which fell five cents a share short of his own projections contributed to the sell-off by an edgy and currently unforgiving investing public


( S ( CC But ) ( NP-SBJ ( NP ( NP ( NNP Smith ) ( NNP Barney ) ( POS 's ) ) ( NNP Mr. ) ( NNP Doyle ) ) ( SBAR ( WHNP-1 ( WP who ) ) ( S ( NP-TMP ( NN yesterday ) ) ( VP ( VBD trimmed ) ( NP ( PRP$ his ) ( CD 1990 ) ( NNP Anheuser ) ( NNS earnings ) ( NN projection ) ) ( PP-CLR ( TO to ) ( NP ( NP ( CD 2.95 ) ) ( NP-ADV ( DT a ) ( NN share ) ) ) ) ( PP-CLR ( IN from ) ( NP ( CD 3.10 ) ) ) ) ) ) ) ( VP ( VBD called ) ( S ( NP-SBJ ( NP ( DT the ) ( NN market ) ( POS 's ) ) ( NN reaction ) ) ( ADJP-PRD ( JJ justified ) ) ) ) )

But Smith Barney 's Mr. Doyle who yesterday trimmed his 1990 Anheuser earnings projection to 2.95 a share from 3.10 called the market 's reaction justified


( S-1 ( SBAR-ADV ( IN While ) ( S ( NP-SBJ ( DT the ) ( JJ third-quarter ) ( NNS earnings ) ) ( VP ( VBD were ) ( NP-PRD ( DT a ) ( JJ moderate ) ( NN disappointment ) ) ) ) ) ( PRN ( S ( NP-SBJ ( PRP he ) ) ( VP ( VBD said ) ) ) ) ( NP-SBJ ( DT the ) ( JJ real ) ( JJ bad ) ( NN news ) ) ( VP ( VBZ is ) ( NP-PRD ( NP ( DT the ) ( NN intensity ) ) ( PP ( IN of ) ( NP ( NP ( NN price ) ( NN competition ) ) ( PP-LOC ( IN in ) ( NP ( DT the ) ( NN premium-beer ) ( NN sector ) ) ) ) ) ) ) )

While the third-quarter earnings were a moderate disappointment he said the real bad news is the intensity of price competition in the premium-beer sector


( S ( PP ( VBG According ) ( PP ( TO to ) ( NP ( NP ( NNP Mr. ) ( NNP Steinman ) ) ( NP ( DT the ) ( NN newsletter ) ( NN publisher ) ) ) ) ) ( NP-SBJ ( NP ( NNP Anheuser ) ( POS 's ) ) ( NN market ) ( NN share ) ) ( VP ( VBZ is ) ( NP-PRD ( NP ( QP ( RB nearly ) ( JJ twice ) ) ( IN that ) ) ( PP ( IN of ) ( NP ( NP ( PRP$ its ) ( JJS nearest ) ( NN competitor ) ) ( NP ( NNP Miller ) ( NNP Brewing ) ) ( SBAR ( WHNP-1 ( WDT which ) ) ( S ( VP ( VBD had ) ( NP ( DT a ) ( ADJP ( CD 21.2 ) ( NN % ) ) ( NN stake ) ) ( NP-TMP ( JJ last ) ( NN year ) ) ) ) ) ) ) ) ) )

According to Mr. Steinman the newsletter publisher Anheuser 's market share is nearly twice that of its nearest competitor Miller Brewing which had a 21.2 % stake last year


( S ( NP-SBJ-2 ( PRP It ) ) ( VP ( VBZ 's ) ( VP ( VBN followed ) ( PP ( IN by ) ( NP-LGS ( NP ( NNP Stroh ) ( NNP Brewery ) ( NNP Co. ) ) ( SBAR ( WHNP-1 ( WDT which ) ) ( S ( VP ( VBZ has ) ( VP ( VBN agreed ) ( S ( VP ( TO to ) ( VP ( VB sell ) ( NP ( PRP$ its ) ( NNS assets ) ) ( PP-DTV ( TO to ) ( NP ( NNP Coors ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

It 's followed by Stroh Brewery Co. which has agreed to sell its assets to Coors


( S ( NP-SBJ ( DT Both ) ( NNP Coors ) ( CC and ) ( NNP Stroh ) ) ( VP ( VBP have ) ( ADVP-TMP ( RB recently ) ) ( VP ( VBN been ) ( VP ( VBG ceding ) ( NP ( NN market ) ( NN share ) ) ( PP-DTV ( TO to ) ( NP ( NNP Miller ) ( CC and ) ( NNP Anheuser ) ) ) ) ) ) )

Both Coors and Stroh have recently been ceding market share to Miller and Anheuser


( S ( NP-SBJ ( NNP Amoco ) ( NNP Corp. ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ-2 ( PRP it ) ) ( VP ( VBZ plans ) ( S ( VP ( TO to ) ( VP ( VP ( VB install ) ( NP ( CD two ) ( NNS platforms ) ) ) ( CC and ) ( VP ( VB drill ) ( NP ( QP ( RB as ) ( JJ many ) ( IN as ) ( CD 22 ) ) ( NNS wells ) ) ) ( S-PRP ( VP ( TO to ) ( VP ( VB develop ) ( NP ( NP ( NN oil ) ( NNS reserves ) ) ( SBAR ( S ( NP-SBJ ( PRP it ) ) ( VP ( VBD discovered ) ( PP-LOC ( IN in ) ( NP ( DT the ) ( NNP Atlantic ) ( NNP Ocean ) ) ) ( ADVP-LOC ( NP ( IN about ) ( CD 25 ) ( NNS miles ) ) ( IN off ) ( NP ( NP ( DT the ) ( NN coast ) ) ( PP ( IN of ) ( NP ( NNP Congo ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

Amoco Corp. said it plans to install two platforms and drill as many as 22 wells to develop oil reserves it discovered in the Atlantic Ocean about 25 miles off the coast of Congo


( S ( S ( NP-SBJ ( NP ( NNP Amoco ) ) ( NP ( DT an ) ( NN energy ) ( NN concern ) ) ) ( VP ( VBZ is ) ( NP-PRD ( NP ( DT the ) ( NN operator ) ) ( PP ( IN of ) ( NP ( DT the ) ( NN project ) ) ) ( PP ( IN with ) ( NP ( DT a ) ( ADJP ( CD 43.75 ) ( NN % ) ) ( VBG working ) ( NN interest ) ) ) ) ) ) ( CC and ) ( S ( NP-SBJ ( JJ other ) ( NNS partners ) ) ( VP ( VBP include ) ( NP ( NP ( NP ( NNP Hydro ) ( NNP Congo ) ) ( NP ( DT the ) ( JJ Congolese ) ( NN state ) ( NN oil ) ( NN company ) ) ( PP ( IN with ) ( NP ( DT a ) ( ADJP ( CD 50 ) ( NN % ) ) ( NN interest ) ) ) ) ( CC and ) ( NP ( NP ( NNP Kuwait ) ( NNP Foreign ) ( NNP Petroleum ) ( NNP Exploration ) ( NNP Co. ) ) ( PP ( IN with ) ( NP ( DT a ) ( ADJP ( CD 6.25 ) ( NN % ) ) ( NN stake ) ) ) ) ) ) ) )

Amoco an energy concern is the operator of the project with a 43.75 % working interest and other partners include Hydro Congo the Congolese state oil company with a 50 % interest and Kuwait Foreign Petroleum Exploration Co. with a 6.25 % stake


( S ( NP-SBJ-1 ( NN Production ) ) ( VP ( VBZ is ) ( VP ( VBN expected ) ( S ( VP ( TO to ) ( VP ( VB be ) ( NP-PRD ( NP ( QP ( IN about ) ( CD 40,000 ) ) ( NNS barrels ) ) ( PP ( IN of ) ( NP ( NN oil ) ) ) ( NP-ADV ( DT a ) ( NN day ) ) ) ( PP-TMP ( IN after ) ( NP ( NP ( NN completion ) ) ( PP ( IN of ) ( NP ( DT the ) ( NN drilling ) ( NN program ) ) ) ) ) ) ) ) ) ) )

Production is expected to be about 40,000 barrels of oil a day after completion of the drilling program


( S ( NP-SBJ-1 ( NP ( DT A ) ( NN seat ) ) ( PP-LOC ( IN on ) ( NP ( NP ( DT the ) ( NNP Chicago ) ( NNP Board ) ) ( PP ( IN of ) ( NP ( NNP Trade ) ) ) ) ) ) ( VP ( VBD was ) ( VP ( VBN sold ) ( PP-CLR ( IN for ) ( NP ( NP ( CD 390,000 ) ) ( ADJP ( JJ unchanged ) ( PP ( IN from ) ( NP ( NP ( DT the ) ( JJ previous ) ( NN sale ) ) ( NP-TMP ( NNP Oct. ) ( CD 13 ) ) ) ) ) ) ) ) ) )

A seat on the Chicago Board of Trade was sold for 390,000 unchanged from the previous sale Oct. 13


( S ( NP-SBJ-1 ( NNS Seats ) ) ( ADVP-TMP ( RB currently ) ) ( VP ( VBP are ) ( VP ( VBN quoted ) ( PP-CLR ( IN at ) ( NP ( NP ( NP ( CD 361,000 ) ) ( VP ( NN bid ) ) ) ( NP ( NP ( CD 395,000 ) ) ( VP ( VBN asked ) ) ) ) ) ) ) )

Seats currently are quoted at 361,000 bid 395,000 asked


( S ( NP-SBJ-1 ( NP ( DT The ) ( NN record ) ( NN price ) ) ( PP ( IN for ) ( NP ( NP ( DT a ) ( JJ full ) ( NN membership ) ) ( PP-LOC ( IN on ) ( NP ( DT the ) ( NN exchange ) ) ) ) ) ) ( VP ( VBZ is ) ( NP-PRD ( CD 550,000 ) ) ( S-ADV ( VP ( VBN set ) ( NP-TMP ( NNP Aug. ) ( CD 31 ) ( CD 1987 ) ) ) ) ) )

The record price for a full membership on the exchange is 550,000 set Aug. 31 1987


( S ( NP-SBJ-1 ( JJ Federal ) ( NN health ) ( NNS officials ) ) ( VP ( VBP are ) ( VP ( VBN expected ) ( S ( NP-TMP ( NN today ) ) ( VP ( TO to ) ( VP ( VB approve ) ( NP ( NP ( DT a ) ( NN program ) ) ( VP ( VBG granting ) ( NP ( NP ( JJ long-deferred ) ( NN access ) ) ( PP ( TO to ) ( NP ( NP ( DT the ) ( NN drug ) ) ( NP ( NNP AZT ) ) ) ) ( PP ( IN for ) ( NP ( NP ( NNS children ) ) ( PP ( IN with ) ( NP ( VBN acquired ) ( JJ immune ) ( NN deficiency ) ( NN syndrome ) ) ) ) ) ) ) ) ) ) ) ) ) )

Federal health officials are expected today to approve a program granting long-deferred access to the drug AZT for children with acquired immune deficiency syndrome


( S ( NP-SBJ-2 ( NP ( NN Announcement ) ) ( PP ( IN of ) ( NP ( DT the ) ( NN approval ) ) ) ) ( VP ( VBZ is ) ( VP ( VBN expected ) ( S ( VP ( TO to ) ( VP ( VB be ) ( VP ( VBN made ) ( PP ( IN by ) ( NP-LGS ( NP ( NNP Louis ) ( NNP Sullivan ) ) ( NP ( NP ( NN secretary ) ) ( PP ( IN of ) ( NP ( NNP Health ) ( CC and ) ( NNP Human ) ( NNPS Services ) ) ) ) ) ) ) ) ) ) ) ) )

Announcement of the approval is expected to be made by Louis Sullivan secretary of Health and Human Services


( S ( NP-SBJ ( NP ( DT The ) ( NN clearance ) ) ( PP ( IN by ) ( NP ( DT the ) ( NNP Food ) ( CC and ) ( NNP Drug ) ( NNP Administration ) ) ) ) ( VP ( VBZ comes ) ( PP-TMP ( IN after ) ( NP ( NP ( CD two ) ( NNS years ) ) ( PP ( IN of ) ( NP ( NP ( JJ restricted ) ( NN access ) ) ( PP ( IN for ) ( NP ( NP ( DT the ) ( JJS youngest ) ( NNS victims ) ) ( PP ( IN of ) ( NP ( NNP AIDS ) ) ) ) ) ( PP ( TO to ) ( NP ( NP ( DT the ) ( RB only ) ( JJ antiviral ) ( NN drug ) ) ( VP ( ADVP-TMP ( RB yet ) ) ( VBN cleared ) ( S ( VP ( TO to ) ( VP ( VB treat ) ( NP ( DT the ) ( JJ fatal ) ( NN disease ) ) ) ) ) ) ) ) ) ) ) ) ) )

The clearance by the Food and Drug Administration comes after two years of restricted access for the youngest victims of AIDS to the only antiviral drug yet cleared to treat the fatal disease


( S ( NP-SBJ-1 ( DT The ) ( NN drug ) ) ( VP ( MD will ) ( VP ( VB be ) ( VP ( VBN given ) ( NP ( NP ( NN treatment ) ( JJ investigational ) ( JJ new ) ( NN drug ) ( NN status ) ) ( NP ( NP ( DT a ) ( NN label ) ) ( VP ( VBN accorded ) ( PP-DTV ( TO to ) ( NP ( NP ( NNS drugs ) ) ( VP ( VP ( VBN believed ) ( S ( ADJP-PRD ( JJ effective ) ) ) ) ( CC but ) ( VP ( VBG lacking ) ( NP ( JJ formal ) ( NN approval ) ) ) ) ) ) ) ) ) ) ) ) )

The drug will be given treatment investigational new drug status a label accorded to drugs believed effective but lacking formal approval


( S ( NP-SBJ ( DT The ) ( NN move ) ) ( VP ( MD will ) ( VP ( VB make ) ( S ( NP-SBJ ( DT the ) ( NN drug ) ) ( ADJP-PRD ( JJ available ) ( ADVP ( JJ free ) ( PP ( IN of ) ( NP ( NN charge ) ) ) ) ( PP-TMP ( IN for ) ( NP ( DT a ) ( NN time ) ) ) ( PP ( TO to ) ( NP ( NP ( NNS children ) ) ( PP ( IN with ) ( NP ( NP ( DT the ) ( NN disease ) ) ( CC and ) ( NP ( NP ( NNS symptoms ) ) ( PP ( IN of ) ( NP ( JJ advanced ) ( NN infection ) ) ) ) ) ) ) ) ) ) ) ) )

The move will make the drug available free of charge for a time to children with the disease and symptoms of advanced infection


( S ( NP-SBJ ( NP ( NNS Adults ) ) ( PP ( IN with ) ( NP ( NNP AIDS ) ) ) ) ( VP ( VBP have ) ( VP ( VBN had ) ( NP ( NP ( NN access ) ) ( PP ( TO to ) ( NP ( NNP AZT ) ) ) ) ( SBAR-TMP ( IN since ) ( S ( NP-SBJ ( NNP FDA ) ) ( VP ( VBD approved ) ( NP ( NP ( NP ( DT the ) ( NN drug ) ( POS 's ) ) ( NN usage ) ) ( PP ( IN for ) ( NP ( NNS adults ) ) ) ) ( PP-TMP ( IN in ) ( NP ( NNP March ) ( CD 1987 ) ) ) ) ) ) ) ) )

Adults with AIDS have had access to AZT since FDA approved the drug 's usage for adults in March 1987


( S ( CC But ) ( PP ( IN despite ) ( NP ( NP ( QP ( JJR more ) ( IN than ) ( CD two ) ) ( NNS years ) ) ( PP ( IN of ) ( NP ( NP ( NN research ) ) ( VP ( VBG showing ) ( SBAR ( S ( NP-SBJ ( NNP AZT ) ) ( VP ( MD can ) ( VP ( VB relieve ) ( NP ( NP ( NN dementia ) ) ( CC and ) ( NP ( JJ other ) ( NNS symptoms ) ) ) ( PP ( IN in ) ( NP ( NNS children ) ) ) ) ) ) ) ) ) ) ) ) ( NP-SBJ ( DT the ) ( NN drug ) ) ( ADVP-TMP ( RB still ) ) ( VP ( VBZ lacks ) ( NP ( NP ( JJ federal ) ( NN approval ) ) ( PP ( IN for ) ( NP ( NP ( NN use ) ) ( PP ( IN in ) ( NP ( DT the ) ( JJS youngest ) ( NNS patients ) ) ) ) ) ) ) )

But despite more than two years of research showing AZT can relieve dementia and other symptoms in children the drug still lacks federal approval for use in the youngest patients


( S ( PP-PRP ( IN As ) ( NP ( DT a ) ( NN result ) ) ) ( S ( NP-SBJ-1 ( JJ many ) ( NNS youngsters ) ) ( VP ( VBP have ) ( VP ( VBN been ) ( ADJP-PRD ( JJ unable ) ( S ( VP ( TO to ) ( VP ( VB obtain ) ( NP ( DT the ) ( NN drug ) ) ) ) ) ) ) ) ) ( CC and ) ( S ( PP ( IN for ) ( NP ( DT the ) ( JJ few ) ( NNS exceptions ) ) ) ( NP-SBJ ( NN insurance ) ( NNS carriers ) ) ( VP ( MD wo ) ( RB n't ) ( VP ( VB cover ) ( NP ( NP ( PRP$ its ) ( NN cost ) ) ( PP ( IN of ) ( NP ( NP ( CD 6,400 ) ) ( NP-ADV ( DT a ) ( NN year ) ) ) ) ) ) ) ) )

As a result many youngsters have been unable to obtain the drug and for the few exceptions insurance carriers wo n't cover its cost of 6,400 a year


( S ( ADVP-TMP ( RB So ) ( RB far ) ) ( NP-SBJ ( NNP AIDS ) ) ( VP ( VBZ has ) ( VP ( VBN stricken ) ( NP ( NP ( CD 1,859 ) ( NNS children ) ) ( PP ( IN under ) ( NP ( NN age ) ( CD 13 ) ) ) ) ( SBAR-ADV ( IN with ) ( S ( NP-SBJ ( QP ( JJ many ) ( NNS times ) ) ( IN that ) ( NN number ) ) ( VP ( VBN believed ) ( S ( VP ( TO to ) ( VP ( VB carry ) ( NP ( DT the ) ( NN infection ) ) ( PP-MNR ( IN without ) ( NP ( NNS symptoms ) ) ) ) ) ) ) ) ) ) ) )

So far AIDS has stricken 1,859 children under age 13 with many times that number believed to carry the infection without symptoms


( S ( PP-TMP ( TO To ) ( NP ( NN date ) ) ) ( NP-SBJ ( NP ( CD 1,013 ) ) ( PP ( IN of ) ( NP ( DT those ) ( NNS children ) ) ) ) ( VP ( VBP have ) ( VP ( VBN died ) ( PP ( VBG according ) ( PP ( TO to ) ( NP ( NP ( DT the ) ( JJ federal ) ( NNPS Centers ) ) ( PP ( IN for ) ( NP ( NNP Disease ) ( NNP Control ) ) ) ) ) ) ) ) )

To date 1,013 of those children have died according to the federal Centers for Disease Control


( S ( NP-SBJ ( NP ( NNS Mothers ) ) ( PP ( IN of ) ( NP ( JJ young ) ( NNP AIDS ) ( NNS patients ) ) ) ) ( VP ( VBD expressed ) ( NP ( JJ somber ) ( NN satisfaction ) ) ) )

Mothers of young AIDS patients expressed somber satisfaction


( S ( VP ( VB Thank ) ( NP-CLR ( NN goodness ) ) ( SBAR ( S ( NP-SBJ ( PRP it ) ) ( VP ( VBZ 's ) ( VP ( VBG happening ) ) ) ) ) ) )

Thank goodness it 's happening


( SINV ( S-TPC-2 ( NP-SBJ ( PRP It ) ) ( VP ( MD should ) ( VP ( VB have ) ( VP ( VBD happened ) ( ADVP-TMP ( RBR sooner ) ) ) ) ) ) ( VP ( VBD said ) ) ( NP-SBJ ( NP ( NNP Elizabeth ) ( NNP Glaser ) ) ( NP ( NP ( DT a ) ( NNP Los ) ( NNP Angeles ) ( NN mother ) ( CC and ) ( NN activist ) ) ( SBAR ( WHNP-1 ( WP who ) ) ( S ( VP ( VP ( VBD contracted ) ( NP ( DT the ) ( NNP AIDS ) ( NN virus ) ) ( PP-MNR ( IN through ) ( NP ( DT a ) ( NN blood ) ( NN transfusion ) ) ) ) ( CC and ) ( VP ( VBD transmitted ) ( NP ( PRP it ) ) ( PP-CLR ( TO to ) ( NP ( NP ( CD two ) ) ( PP ( IN of ) ( NP ( PRP$ her ) ( NNS children ) ) ) ) ) ) ) ) ) ) ) )

It should have happened sooner said Elizabeth Glaser a Los Angeles mother and activist who contracted the AIDS virus through a blood transfusion and transmitted it to two of her children


( S ( NP-SBJ ( NP ( NP ( CD One ) ) ( PP ( IN of ) ( NP ( PRP them ) ) ) ) ( NP ( NP ( DT a ) ( NN daughter ) ) ( NP ( NNP Ariel ) ) ) ) ( VP ( VBD died ) ( ADVP-TMP ( NP ( DT a ) ( NN year ) ) ( RB ago ) ) ( PP ( IN at ) ( NP ( NN age ) ( CD seven ) ) ) ( SBAR-TMP ( IN after ) ( S ( NP-SBJ ( PRP$ her ) ( NNS parents ) ) ( ADVP ( RB unsuccessfully ) ) ( VP ( VBD pleaded ) ( PP-CLR ( IN for ) ( NP ( DT the ) ( NN drug ) ) ) ) ) ) ) )

One of them a daughter Ariel died a year ago at age seven after her parents unsuccessfully pleaded for the drug


( SINV ( S-TPC-2 ( NP-SBJ ( PRP I ) ) ( VP ( MD could ) ( VP ( VB get ) ( NP ( NNP AZT ) ) ) ) ) ( VP ( VBZ says ) ) ( NP-SBJ ( NP ( NNP Mrs. ) ( NNP Glaser ) ) ( SBAR ( WHNP-1 ( WP who ) ) ( S ( VP ( VBZ bears ) ( NP ( PRP$ her ) ( NN infection ) ) ( PP-MNR ( IN without ) ( NP ( DT any ) ( NNS symptoms ) ) ) ) ) ) ) )

I could get AZT says Mrs. Glaser who bears her infection without any symptoms


( S ( CC But ) ( NP-SBJ ( PRP$ my ) ( NN daughter ) ) ( VP ( MD could ) ( RB n't ) ( SBAR-TMP ( IN until ) ( S ( NP-SBJ ( PRP she ) ) ( VP ( VBD was ) ( ADJP-PRD ( RB too ) ( JJ ill ) ( S ( VP ( TO to ) ( VP ( VB take ) ( NP ( PRP it ) ) ) ) ) ) ) ) ) ) )

But my daughter could n't until she was too ill to take it


( S ( S-SBJ ( VP ( TO To ) ( VP ( VB watch ) ( S ( NP-SBJ ( PRP$ your ) ( NN child ) ) ( VP ( NN die ) ) ) ) ) ) ( VP ( VBZ is ) ( NP-PRD ( DT an ) ( JJ inhuman ) ( NN experience ) ) ) )

To watch your child die is an inhuman experience


( S ( NP-SBJ-1 ( PRP$ Her ) ( NN son ) ) ( S-ADV ( ADJP-PRD ( JJ healthy ) ( CC and ) ( JJ symptom-free ) ) ) ( ADVP-TMP ( RB currently ) ) ( VP ( VBZ takes ) ( NP ( DT no ) ( NN medication ) ) ) )

Her son healthy and symptom-free currently takes no medication


( S ( NP-SBJ-1 ( NP ( DT The ) ( NN delay ) ) ( PP ( IN in ) ( S-NOM ( VP ( VBG getting ) ( NP ( NNP AZT ) ) ( PP-DTV ( TO to ) ( NP ( NNS children ) ) ) ) ) ) ) ( VP ( VBZ has ) ( VP ( VBN been ) ( VP ( VBN blamed ) ( PP-CLR ( IN on ) ( NP ( NP ( DT a ) ( NN combination ) ) ( PP ( IN of ) ( NP ( NNS factors ) ) ) ) ) ) ) ) )

The delay in getting AZT to children has been blamed on a combination of factors


( S ( ADVP ( RB Traditionally ) ) ( NP-SBJ-1 ( DT the ) ( JJ medical ) ( NN establishment ) ) ( VP ( VBZ has ) ( VP ( VBN waited ) ( NP ( CD two ) ( NNS years ) ) ( S-CLR ( VP ( TO to ) ( VP ( VB approve ) ( NP ( NN adult ) ( NNS treatments ) ) ( PP-CLR ( IN for ) ( NP ( JJ pediatric ) ( NNS uses ) ) ) ) ) ) ( PP-PRP ( IN because ) ( IN of ) ( NP ( NP ( DT a ) ( NN combination ) ) ( PP ( IN of ) ( NP ( NP ( JJ conservative ) ( NN safety ) ( NNS standards ) ) ( CC and ) ( NP ( JJ red ) ( NN tape ) ) ) ) ) ) ) ) )

Traditionally the medical establishment has waited two years to approve adult treatments for pediatric uses because of a combination of conservative safety standards and red tape


( S ( ADVP ( RB Secondly ) ) ( NP-SBJ ( NNS critics ) ) ( VP ( VBP have ) ( VP ( VBN charged ) ( NP ( NP ( NP ( NNP AZT ) ( POS 's ) ) ( NN maker ) ) ( NP ( NNP Burroughs ) ( NNP Wellcome ) ( NNP Co. ) ) ) ( PP-CLR ( IN with ) ( NP ( NP ( JJ corporate ) ( NN inertia ) ) ( SBAR-PRP ( IN because ) ( S ( NP-SBJ ( NNS children ) ) ( VP ( VBP account ) ( PP-CLR ( IN for ) ( NP ( NP ( NP ( RB just ) ( CD 1 ) ( NN % ) ) ( PP ( IN of ) ( NP ( DT the ) ( JJ patient ) ( NN population ) ) ) ) ( CC and ) ( ADVP ( RB hence ) ) ( NP ( NP ( DT a ) ( JJ small ) ( NN part ) ) ( PP ( IN of ) ( NP ( DT the ) ( ADJP ( JJ large ) ( CC and ) ( JJ lucrative ) ) ( NN market ) ) ) ) ) ) ) ) ) ) ) ) ) )

Secondly critics have charged AZT 's maker Burroughs Wellcome Co. with corporate inertia because children account for just 1 % of the patient population and hence a small part of the large and lucrative market


( S ( NP-SBJ-1 ( NNP Wellcome ) ) ( VP ( VBZ has ) ( VP ( VP ( VBN replied ) ( SBAR ( IN that ) ( S ( NP-SBJ-2 ( PRP it ) ) ( VP ( VBZ is ) ( VP ( VBG moving ) ( ADVP-DIR ( RB ahead ) ) ( S-PRP ( VP ( TO to ) ( VP ( VB compile ) ( NP ( DT the ) ( JJ relevant ) ( NN data ) ) ) ) ) ) ) ) ) ) ( CC and ) ( VP ( ADVP-TMP ( RB recently ) ) ( VBD promised ) ( S ( VP ( TO to ) ( VP ( VB develop ) ( NP ( NP ( DT a ) ( JJ pediatric ) ( NN syrup ) ( NN form ) ) ( ADJP ( JJR easier ) ( SBAR ( IN for ) ( S ( NP-SBJ ( NNS youngsters ) ) ( VP ( TO to ) ( VP ( VB take ) ) ) ) ) ) ) ) ) ) ) ) ) )

Wellcome has replied that it is moving ahead to compile the relevant data and recently promised to develop a pediatric syrup form easier for youngsters to take


( S ( ADVP-TMP ( RB Still ) ) ( NP-SBJ ( DT all ) ( DT this ) ) ( VP ( VBZ comes ) ( SBAR-TMP ( NP ( RB nearly ) ( DT a ) ( NN year ) ( CC and ) ( DT a ) ( NN half ) ) ( IN after ) ( S ( NP-SBJ ( NP ( NNP Philip ) ( NNP Pizzo ) ) ( PP ( IN of ) ( NP ( DT the ) ( NNP National ) ( NNP Cancer ) ( NNP Institute ) ) ) ) ( VP ( VBD offered ) ( NP ( NN evidence ) ( SBAR ( IN that ) ( S ( NP-SBJ-1 ( NNP AZT ) ) ( VP ( MD could ) ( VP ( VB reverse ) ( NP ( NP ( DT the ) ( NNS ravages ) ) ( PP ( IN of ) ( NP ( NNP AIDS ) ( NN dementia ) ) ) ) ( S-ADV ( ADVP-TMP ( RB sometimes ) ) ( VP ( VBG prompting ) ( NP ( NP ( NP ( JJ dramatic ) ( NN recovery ) ) ( PP ( IN of ) ( NP ( NNP IQ ) ( NNS levels ) ) ) ) ( CC and ) ( NP ( NP ( NN reappearance ) ) ( PP ( IN of ) ( NP ( VBN lost ) ( NN motor ) ( NNS skills ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

Still all this comes nearly a year and a half after Philip Pizzo of the National Cancer Institute offered evidence that AZT could reverse the ravages of AIDS dementia sometimes prompting dramatic recovery of IQ levels and reappearance of lost motor skills


( S ( PP-TMP ( IN Since ) ( NP ( RB then ) ) ) ( NP-SBJ ( QP ( RB roughly ) ( CD 50 ) ) ( JJ pediatric ) ( NNS patients ) ) ( VP ( VBP have ) ( VP ( VBN received ) ( NP ( DT the ) ( NN drug ) ) ( PP-LOC ( IN in ) ( NP ( PRP$ his ) ( NN program ) ) ) ) ) )

Since then roughly 50 pediatric patients have received the drug in his program


( S ( PP ( TO To ) ( NP ( DT some ) ( NNS mothers ) ) ) ( NP-SBJ ( DT the ) ( JJ expected ) ( NNP FDA ) ( NN action ) ) ( VP ( VBZ is ) ( NP-PRD ( NP ( DT a ) ( JJ poignant ) ( NN reminder ) ) ( PP ( IN of ) ( SBAR-NOM ( WHNP-1 ( WP what ) ) ( S ( VP ( MD might ) ( VP ( VB have ) ( VP ( VBN been ) ) ) ) ) ) ) ) ) )

To some mothers the expected FDA action is a poignant reminder of what might have been


( S ( NP-SBJ ( PRP$ My ) ( JJ first ) ( NN reaction ) ) ( VP ( VBZ is ) ( SBAR-PRD ( S ( NP-SBJ ( PRP I ) ) ( VP ( VBP do ) ( RB n't ) ( VP ( VB understand ) ( SBAR ( WHADVP-1 ( WRB why ) ) ( S ( NP-SBJ ( PRP it ) ) ( VP ( VBZ 's ) ( VP ( VBN taken ) ( ADVP-TMP-CLR ( RB so ) ( RB long ) ) ) ) ) ) ) ) ) ) ) )

My first reaction is I do n't understand why it 's taken so long


( SINV ( SBARQ-TPC-4 ( WHADVP-3 ( WRB Why ) ) ( SQ ( VBZ has ) ( NP-SBJ ( NP ( PRP it ) ) ) ( VP ( VBN taken ) ( NP ( NNS people ) ) ( ADVP-TMP-CLR ( RB so ) ( RB long ) ) ( SBAR-1 ( IN for ) ( S ( NP-SBJ ( NNS people ) ) ( VP ( TO to ) ( VP ( VB understand ) ( SBAR ( S ( NP-SBJ ( JJ pediatric ) ( NNP AIDS ) ) ( VP ( VBZ is ) ( NP-PRD ( DT a ) ( JJ major ) ( NN problem ) ) ) ) ) ) ) ) ) ) ) ) ( VP ( VBD asked ) ) ( NP-SBJ ( NP ( NNP Helen ) ( NNP Kushnick ) ) ( SBAR ( WHNP-2 ( WHNP ( WP$ whose ) ( NN son ) ) ( NP ( NNP Samuel ) ) ) ( S ( VP ( VBD died ) ( ADVP-TMP ( NP ( CD six ) ( NNS years ) ) ( RB ago ) ) ( PP ( IN at ) ( NP ( NN age ) ( CD three ) ) ) ( S-ADV ( NP-PRD ( NP ( NN victim ) ) ( PP ( IN of ) ( NP ( DT a ) ( JJ tainted ) ( NN transfusion ) ) ) ) ) ) ) ) ) )

Why has it taken people so long for people to understand pediatric AIDS is a major problem asked Helen Kushnick whose son Samuel died six years ago at age three victim of a tainted transfusion


( S ( NP-SBJ-2 ( JJ Similar ) ( NNS sentiments ) ) ( VP ( VBD were ) ( VP ( VBN voiced ) ( PP-LOC ( IN on ) ( NP ( NNP Capitol ) ( NNP Hill ) ) ) ) ) )

Similar sentiments were voiced on Capitol Hill


( SINV ( S-TPC-2 ( SBAR-ADV ( IN While ) ( S ( NP-SBJ ( PRP I ) ) ( VP ( VBP 'm ) ( ADJP-PRD ( JJ pleased ) ( SBAR ( S ( NP-SBJ ( DT the ) ( NNP FDA ) ) ( VP ( VBZ is ) ( ADVP-TMP ( RB finally ) ) ( VP ( VBG releasing ) ( NP ( NNP AZT ) ) ( PP ( IN for ) ( NP ( NNS children ) ) ) ) ) ) ) ) ) ) ) ( NP-SBJ ( NP ( PRP it ) ) ) ( VP ( VBZ 's ) ( VP ( VBN taken ) ( ADVP-TMP-CLR ( RB much ) ( RB too ) ( JJ long ) ) ( S-1 ( VP ( TO to ) ( VP ( VB get ) ( PP-DIR ( TO to ) ( NP ( DT this ) ( NN point ) ) ) ) ) ) ) ) ) ( VP ( VBD said ) ) ( NP-SBJ ( NNP Rep. ) ( NNP Ted ) ( NNP Weiss ) ) )

While I 'm pleased the FDA is finally releasing AZT for children it 's taken much too long to get to this point said Rep. Ted Weiss


( S ( SBARQ-TPC-1 ( WHADVP ( WRB Why ) ) ( SQ ( VBD did ) ( NP-SBJ ( NP ( PRP it ) ) ) ( VP ( VB take ) ( NP ( NNP Burroughs ) ( NNP Wellcome ) ) ( ADVP-TMP-CLR ( RB so ) ( RB long ) ) ( S-2 ( VP ( TO to ) ( VP ( VB apply ) ( PP-CLR ( IN for ) ( NP ( NN treatment ) ( JJ investigational ) ( JJ new ) ( NN drug ) ( NN status ) ) ) ) ) ) ) ) ) ( NP-SBJ ( DT the ) ( NNP New ) ( NNP York ) ( NNP Democrat ) ) ( VP ( VBD asked ) ) )

Why did it take Burroughs Wellcome so long to apply for treatment investigational new drug status the New York Democrat asked


( S ( S-TPC-2 ( VP ( VB Let ) ( S ( NP-SBJ ( PRP 's ) ) ( RB not ) ( VP ( VB forget ) ( SBAR ( S ( NP-SBJ ( DT this ) ) ( VP ( VBZ is ) ( NP-PRD ( NP ( DT the ) ( JJ same ) ( NN company ) ) ( SBAR ( WHNP-1 ( WDT that ) ) ( S ( VP ( VBZ has ) ( VP ( VBN been ) ( VP ( VBG profiteering ) ( PP-MNR ( IN with ) ( NP ( DT this ) ( NN drug ) ) ) ( PP-TMP ( IN for ) ( NP ( QP ( CD 2 ) ( CD 1\/2 ) ) ( NNS years ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ( NP-SBJ ( NNP Mr. ) ( NNP Weiss ) ) ( VP ( VBD added ) ) )

Let 's not forget this is the same company that has been profiteering with this drug for 2 1\/2 years Mr. Weiss added


( S ( NP-SBJ ( NP ( NNP Mrs. ) ( NNP Glaser ) ) ( SBAR ( WHNP-1 ( WP who ) ) ( S ( VP ( VBZ is ) ( NP-PRD ( NP ( DT a ) ( NN co-founder ) ) ( PP ( IN of ) ( NP ( NP ( DT the ) ( NNP Pediatric ) ( NNP AIDS ) ( NNP Foundation ) ) ( VP ( VBN based ) ( PP-LOC-CLR ( IN in ) ( NP ( NP ( NNP Santa ) ( NNP Monica ) ) ( NP ( NNP Calif. ) ) ) ) ) ) ) ) ) ) ) ) ( VP ( VBD condemned ) ( NP ( ADJP ( CC neither ) ( JJ bureaucratic ) ( CC nor ) ( JJ corporate ) ) ( NN foot-dragging ) ) ) )

Mrs. Glaser who is a co-founder of the Pediatric AIDS Foundation based in Santa Monica Calif. condemned neither bureaucratic nor corporate foot-dragging


( S ( S-TPC-3 ( NP-SBJ ( EX There ) ) ( VP ( VBZ 's ) ( NP-PRD ( NP ( DT no ) ( NN finger ) ) ( SBAR ( S ( VP ( TO to ) ( VP ( VB be ) ( VP ( VBN pointed ) ) ) ) ) ) ) ) ) ( NP-SBJ ( PRP she ) ) ( VP ( VBD said ) ) )

There 's no finger to be pointed she said


( S ( NP-SBJ ( DT The ) ( JJ crucial ) ( NN thing ) ) ( VP ( VBZ is ) ( UCP-PRD ( SBAR ( IN that ) ( S ( NP-SBJ ( PRP we ) ) ( VP ( VBP learn ) ( NP ( PRP$ our ) ( NN lesson ) ) ( ADVP-MNR ( RB well ) ) ) ) ) ( CC and ) ( S ( VP ( TO to ) ( VP ( VB make ) ( S ( ADJP-PRD ( JJ sure ) ) ( SBAR-NOM-SBJ ( S ( NP-SBJ ( NP ( JJ other ) ( JJ experimental ) ( NNS drugs ) ) ( PP ( IN like ) ( NP ( NP ( NNP Bristol-Myers ) ( NNP Co. ) ( POS 's ) ) ( NNP DDI ) ) ) ) ( VP ( VBP do ) ( RB n't ) ( VP ( VB follow ) ( NP ( NP ( DT the ) ( JJ same ) ( JJ frustrating ) ( NN course ) ) ( PP ( IN as ) ( NP ( NNP AZT ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

The crucial thing is that we learn our lesson well and to make sure other experimental drugs like Bristol-Myers Co. 's DDI do n't follow the same frustrating course as AZT


( S ( NP-SBJ ( NP ( NNP AIDS ) ( NN dementia ) ) ( PRN ( SBAR ( WHNP-1 ( WDT which ) ) ( S ( ADVP-MNR ( RB gradually ) ) ( VP ( VBZ steals ) ( NP ( NP ( NNS children ) ( POS 's ) ) ( NN ability ) ( S ( VP ( TO to ) ( VP ( VB speak ) ( VB walk ) ( CC and ) ( VB think ) ) ) ) ) ) ) ) ) ) ( VP ( VBZ is ) ( ADVP-TMP ( RB often ) ) ( NP-PRD ( NP ( DT the ) ( ADJP ( RBS most ) ( JJ striking ) ) ( NN aspect ) ) ( PP ( IN of ) ( NP ( DT the ) ( JJ pediatric ) ( NN syndrome ) ) ) ) ) )

AIDS dementia which gradually steals children 's ability to speak walk and think is often the most striking aspect of the pediatric syndrome


( S ( PP ( IN For ) ( NP ( DT some ) ( NNS patients ) ) ) ( NP-SBJ ( NNP AZT ) ) ( VP ( VBZ has ) ( VP ( VBN restored ) ( NP ( DT the ) ( NN ability ) ( S ( VP ( TO to ) ( VP ( VP ( VB ride ) ( NP ( DT a ) ( NN bicycle ) ) ) ( CC or ) ( VP ( VB solve ) ( NP ( NNS puzzles ) ) ) ) ) ) ) ( S-ADV ( VP ( VBG giving ) ( PRT ( RP back ) ) ( NP ( NP ( DT a ) ( NN piece ) ) ( PP ( IN of ) ( NP ( PRP$ their ) ( NN childhood ) ) ) ) ( SBAR-ADV ( IN if ) ( FRAG ( ADVP ( RB only ) ( RB temporarily ) ) ) ) ) ) ) ) )

For some patients AZT has restored the ability to ride a bicycle or solve puzzles giving back a piece of their childhood if only temporarily


( SINV ( S-TPC-1 ( NP-SBJ ( NP ( PRP It ) ) ) ( VP ( VBZ 's ) ( ADJP-PRD ( JJ impossible ) ) ( S-3 ( TO to ) ( VP ( VB overstate ) ( SBAR ( WHNP-4 ( WRB how ) ( JJ much ) ) ( S ( NP-SBJ ( DT this ) ) ( VP ( VBZ means ) ( PP-CLR ( TO to ) ( NP ( NP ( DT the ) ( NNS families ) ) ( PP ( IN of ) ( NP ( DT these ) ( NNS patients ) ) ) ) ) ) ) ) ) ) ) ) ( VP ( VBD said ) ) ( NP-SBJ ( NP ( NNP Samuel ) ( NNP Broder ) ) ( NP ( NP ( NP ( NN director ) ) ( PP ( IN of ) ( NP ( DT the ) ( NNP National ) ( NNP Cancer ) ( NNP Institute ) ) ) ) ( CC and ) ( NP ( NP ( DT a ) ( JJ main ) ( NN developer ) ) ( PP ( IN of ) ( NP ( NNP AZT ) ) ) ) ) ) )

It 's impossible to overstate how much this means to the families of these patients said Samuel Broder director of the National Cancer Institute and a main developer of AZT


( S ( NP-SBJ ( NP ( NP ( NNP Sotheby ) ( POS 's ) ) ( NNPS Holdings ) ( NNP Inc. ) ) ( NP ( NP ( DT the ) ( NN parent ) ) ( PP ( IN of ) ( NP ( NP ( DT the ) ( NN auction ) ( NN house ) ) ( NP ( NNP Sotheby ) ( POS 's ) ) ) ) ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( NP ( PRP$ its ) ( JJ net ) ( NN loss ) ) ( PP ( IN for ) ( NP ( DT the ) ( ADJP ( RB seasonally ) ( JJ slow ) ) ( JJ third ) ( NN quarter ) ) ) ) ( VP ( VBN narrowed ) ( PP-CLR ( IN from ) ( ADVP ( NP ( DT a ) ( NN year ) ) ( RB earlier ) ) ) ( PP ( IN on ) ( NP ( NP ( DT a ) ( NN leap ) ) ( PP-LOC ( IN in ) ( NP ( NN operating ) ( NN revenue ) ) ) ) ) ) ) ) ) )

Sotheby 's Holdings Inc. the parent of the auction house Sotheby 's said its net loss for the seasonally slow third quarter narrowed from a year earlier on a leap in operating revenue


( S ( NP-SBJ ( DT The ) ( NNP New ) ( JJ York-based ) ( NN company ) ) ( VP ( VBD reported ) ( NP ( NP ( DT a ) ( JJ third-quarter ) ( JJ net ) ( NN loss ) ) ( PP ( IN of ) ( NP ( NP ( QP ( CD 5.1 ) ( CD million ) ) ) ( CC or ) ( NP ( NP ( CD 10 ) ( NNS cents ) ) ( NP-ADV ( DT a ) ( NN share ) ) ) ) ) ) ( PP ( VBN compared ) ( PP ( IN with ) ( NP ( NP ( DT a ) ( JJ year-earlier ) ( JJ net ) ( NN loss ) ) ( PP ( IN of ) ( NP ( NP ( QP ( CD 6.2 ) ( CD million ) ) ) ( CC or ) ( NP ( NP ( CD 12 ) ( NNS cents ) ) ( NP-ADV ( DT a ) ( NN share ) ) ) ) ) ) ) ) ) )

The New York-based company reported a third-quarter net loss of 5.1 million or 10 cents a share compared with a year-earlier net loss of 6.2 million or 12 cents a share


( S ( NP-SBJ ( NN Operating ) ( NN revenue ) ) ( VP ( VBD surged ) ( NP-EXT ( CD 54 ) ( NN % ) ) ( PP-TMP ( IN in ) ( NP ( DT the ) ( JJS latest ) ( NN period ) ) ) ( PP-DIR ( TO to ) ( NP ( QP ( CD 42.9 ) ( CD million ) ) ) ) ( PP-DIR ( IN from ) ( NP ( QP ( CD 27.7 ) ( CD million ) ) ) ) ) )

Operating revenue surged 54 % in the latest period to 42.9 million from 27.7 million


( S ( NP-SBJ ( DT The ) ( NN company ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ-1 ( NP ( CD 80 ) ( NN % ) ) ( PP ( IN of ) ( NP ( PRP$ its ) ( NN auction ) ( NN business ) ) ) ) ( VP ( VBZ is ) ( ADVP-TMP ( RB usually ) ) ( VP ( VBN conducted ) ( PP-TMP ( IN in ) ( NP ( DT the ) ( JJ second ) ( CC and ) ( JJ fourth ) ( NNS quarters ) ) ) ( PP ( IN with ) ( S-NOM ( NP-SBJ ( DT the ) ( JJ current ) ( NN quarter ) ) ( VP ( VBG having ) ( VP ( VBN begun ) ( ADVP-MNR ( RB extremely ) ( RB well ) ) ) ) ) ) ) ) ) ) ) )

The company said 80 % of its auction business is usually conducted in the second and fourth quarters with the current quarter having begun extremely well


( S ( NP-SBJ ( NP ( NNP West ) ( NNP Texas ) ( NNP Intermediate ) ) ( NP ( DT the ) ( NNP U.S. ) ( NN benchmark ) ( NN crude ) ) ) ( VP ( VBD seemed ) ( ADJP-PRD ( JJ tethered ) ) ( ADVP-TMP ( RB again ) ) ( NP-TMP ( NN yesterday ) ) ( PP-LOC ( IN in ) ( NP ( NP ( NN trading ) ) ( PP-LOC ( IN on ) ( NP ( DT the ) ( NNP New ) ( NNP York ) ( NNP Mercantile ) ( NNP Exchange ) ) ) ) ) ) )

West Texas Intermediate the U.S. benchmark crude seemed tethered again yesterday in trading on the New York Mercantile Exchange


( S ( S-ADV ( ADVP ( RB Widely ) ) ( VP ( VBN expected ) ( S ( VP ( TO to ) ( VP ( VB open ) ( ADVP-CLR ( NP ( NP ( QP ( CD 10 ) ( TO to ) ( CD 15 ) ) ( NNS cents ) ) ( NP-ADV ( DT a ) ( NN barrel ) ) ) ( RBR higher ) ) ( PP ( IN on ) ( NP ( NP ( DT the ) ( NN strength ) ) ( PP ( IN of ) ( NP ( NP ( NNS statistics ) ) ( PP ( IN from ) ( NP ( DT the ) ( NNP American ) ( NNP Petroleum ) ( NNP Institute ) ) ) ) ) ) ) ) ) ) ) ) ( NP-SBJ-2 ( DT the ) ( NNP December ) ( NN contract ) ) ( VP ( VBD managed ) ( S ( VP ( TO to ) ( VP ( VB start ) ( NP ( DT the ) ( NN session ) ) ( ADVP-CLR ( NP ( QP ( RB only ) ( CD eight ) ) ( NNS cents ) ) ( RBR higher ) ) ) ) ) ) )

Widely expected to open 10 to 15 cents a barrel higher on the strength of statistics from the American Petroleum Institute the December contract managed to start the session only eight cents higher


( S ( PP-TMP ( IN In ) ( NP ( NP ( DT the ) ( JJ last ) ( NN hour ) ) ( PP ( IN of ) ( NP ( DT the ) ( NN trading ) ( NN day ) ) ) ) ) ( NP-SBJ-1 ( NNP December ) ( NN contract ) ) ( VP ( VBD took ) ( NP-CLR ( DT a ) ( NN tumble ) ) ( S-CLR ( VP ( TO to ) ( VP ( VB end ) ( NP ( DT the ) ( NN session ) ) ( ADVP-CLR ( NP ( CD 10 ) ( NNS cents ) ) ( JJR lower ) ) ( PP-CLR ( IN at ) ( NP ( NP ( CD 19.62 ) ) ( NP-ADV ( DT a ) ( NN barrel ) ) ) ) ) ) ) ) )

In the last hour of the trading day December contract took a tumble to end the session 10 cents lower at 19.62 a barrel


( S ( CC And ) ( ADVP-TMP ( RB now ) ) ( SBAR ( IN that ) ( S ( NP-SBJ ( DT the ) ( NN price ) ) ( VP ( VBZ has ) ( VP ( VBN fallen ) ( PP-DIR ( IN below ) ( NP ( NP ( CD 19.65 ) ) ( SBAR ( WHNP-1 ( WDT which ) ) ( S ( NP-SBJ ( JJ many ) ) ( VP ( VBD had ) ( VP ( VBN said ) ( SBAR ( S ( VP ( VBN showed ) ( NP ( JJ considerable ) ( NN resistance ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ( NP-SBJ ( DT some ) ( NNS traders ) ( CC and ) ( NNS analysts ) ) ( VP ( VBP figure ) ( SBAR ( S ( NP-SBJ ( EX there ) ) ( VP ( VBZ 's ) ( NP-PRD ( NP ( JJ little ) ) ( SBAR ( S ( VP ( TO to ) ( VP ( VB stop ) ( NP-3 ( DT the ) ( NN price ) ) ( PP-CLR ( IN from ) ( S-NOM ( VP ( VBG going ) ( ADVP-DIR ( RBR lower ) ) ( PP ( IN on ) ( NP ( JJ technical ) ( NNS decisions ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

And now that the price has fallen below 19.65 which many had said showed considerable resistance some traders and analysts figure there 's little to stop the price from going lower on technical decisions


( SINV ( S-TPC-3 ( PP ( IN With ) ( NP ( NP ( DT no ) ( NP ( JJ petroleum-related ) ( NN news ) ) ( CC or ) ( NP ( NP ( NNS changes ) ) ( PP-LOC ( IN in ) ( NP ( DT the ) ( NNS fundamentals ) ) ) ) ) ( SBAR ( S ( VP ( TO to ) ( VP ( VB dictate ) ( NP ( NN price ) ( NNS moves ) ) ) ) ) ) ) ) ( NP-SBJ-2 ( NNS technicians ) ) ( VP ( VBP are ) ( VP ( VBG wanting ) ( S ( VP ( TO to ) ( VP ( VB sell ) ( NP ( DT this ) ( NN stuff ) ) ) ) ) ) ) ) ( VP ( VBD said ) ) ( NP-SBJ ( NP ( NNP Eric ) ( NNP Bolling ) ) ( PP ( IN of ) ( NP ( NNP Edge ) ( NNP Trading ) ( NNP Corp ) ) ) ) )

With no petroleum-related news or changes in the fundamentals to dictate price moves technicians are wanting to sell this stuff said Eric Bolling of Edge Trading Corp


( S ( CC And ) ( ADVP-TMP ( JJ short-term ) ) ( NP-SBJ ( DT the ) ( NNS technicians ) ) ( VP ( MD may ) ( VP ( VB have ) ( NP ( PRP$ their ) ( NN way ) ) ) ) )

And short-term the technicians may have their way