( S ( NP-SBJ ( NP ( NNP Dell ) ( NNP Computer ) ( NNP Corp. ) ) ( VP ( VBN squeezed ) ( PP ( IN by ) ( NP-LGS ( NP ( NP ( NN price ) ( NN pressure ) ) ( PP ( IN from ) ( NP ( PRP$ its ) ( JJR larger ) ( NNS competitors ) ) ) ) ( CC and ) ( NP ( NP ( NNS delays ) ) ( PP-LOC ( IN in ) ( NP ( PRP$ its ) ( JJ new ) ( NN product ) ( NN line ) ) ) ) ) ) ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( NP ( PRP$ its ) ( JJ per-share ) ( NNS earnings ) ) ( PP ( IN for ) ( NP ( JJ fiscal ) ( CD 1990 ) ) ) ) ( VP ( MD will ) ( VP ( VB be ) ( NP-PRD ( PDT half ) ( PRP$ its ) ( JJ previous ) ( NNS forecasts ) ) ) ) ) ) ) )

Dell Computer Corp. squeezed by price pressure from its larger competitors and delays in its new product line said its per-share earnings for fiscal 1990 will be half its previous forecasts


( S ( SBAR-ADV ( IN Although ) ( S ( NP-SBJ ( DT the ) ( JJ personal ) ( NN computer ) ( NN maker ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( PRP it ) ) ( VP ( VBZ expects ) ( S ( NP-SBJ ( NN revenue ) ) ( VP ( TO to ) ( VP ( VB meet ) ( CC or ) ( VB exceed ) ( NP ( NP ( JJ previous ) ( NNS projections ) ) ( PP ( IN of ) ( NP ( QP ( CD 385 ) ( CD million ) ) ) ) ( PP ( IN for ) ( NP ( NP ( DT the ) ( NN year ) ) ( VP ( VBG ending ) ( NP-TMP ( NNP Jan. ) ( CD 28 ) ( CD 1990 ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ( NP-SBJ-1 ( NNS earnings ) ) ( VP ( VBP are ) ( VP ( VBN expected ) ( S ( VP ( TO to ) ( VP ( VB be ) ( NP-PRD ( NP ( NP ( CD 25 ) ( NNS cents ) ) ( TO to ) ( NP ( CD 35 ) ( NNS cents ) ) ) ( NP-ADV ( DT a ) ( NN share ) ) ) ( ADVP ( IN down ) ( PP ( IN from ) ( NP ( NP ( JJ previous ) ( NNS estimates ) ) ( PP ( IN of ) ( NP ( NP ( CD 50 ) ( NNS cents ) ) ( TO to ) ( NP ( CD 60 ) ( NNS cents ) ) ) ) ) ) ) ) ) ) ) ) )

Although the personal computer maker said it expects revenue to meet or exceed previous projections of 385 million for the year ending Jan. 28 1990 earnings are expected to be 25 cents to 35 cents a share down from previous estimates of 50 cents to 60 cents


( S ( NP-SBJ ( NP ( NNS Earnings ) ) ( PP ( IN for ) ( NP ( JJ fiscal ) ( CD 1989 ) ) ) ) ( VP ( VBD were ) ( NP-PRD ( NP ( QP ( CD 14.4 ) ( CD million ) ) ) ( CC or ) ( NP ( NP ( CD 80 ) ( NNS cents ) ) ( NP-ADV ( DT a ) ( NN share ) ) ) ) ( PP ( IN on ) ( NP ( NP ( NNS sales ) ) ( PP ( IN of ) ( NP ( QP ( CD 257.8 ) ( CD million ) ) ) ) ) ) ) )

Earnings for fiscal 1989 were 14.4 million or 80 cents a share on sales of 257.8 million


( S ( NP-SBJ-2 ( NP ( NNS Results ) ) ( PP ( IN for ) ( NP ( NP ( DT the ) ( JJ third ) ( NN quarter ) ) ( VP ( VBG ending ) ( NP-TMP ( NNP Oct. ) ( CD 31 ) ) ) ) ) ) ( VP ( VBP are ) ( VP ( VBN expected ) ( S ( VP ( TO to ) ( VP ( VB be ) ( VP ( VBN released ) ( NP-TMP ( NP ( DT the ) ( JJ third ) ( NN week ) ) ( PP ( IN of ) ( NP ( NNP November ) ) ) ) ) ) ) ) ( PP ( VBG according ) ( PP ( TO to ) ( NP ( NP ( NNP Michael ) ( NNP Dell ) ) ( NP ( NP ( NN chairman ) ) ( CC and ) ( NP ( NN chief ) ( NN executive ) ( NN officer ) ) ) ) ) ) ) ) )

Results for the third quarter ending Oct. 31 are expected to be released the third week of November according to Michael Dell chairman and chief executive officer


( S ( NP-SBJ ( NNP Mr. ) ( NNP Dell ) ) ( VP ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( PRP he ) ) ( VP ( VBZ does ) ( RB n't ) ( VP ( VB expect ) ( NP ( NP ( DT a ) ( NN loss ) ) ( PP-TMP ( IN in ) ( NP ( CC either ) ( DT the ) ( JJ third ) ( CC or ) ( JJ fourth ) ( NN quarter ) ) ) ) ) ) ) ) ) ( CC but ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( JJ third-quarter ) ( NNS earnings ) ) ( VP ( MD could ) ( VP ( VB be ) ( ADJP-PRD ( ADJP ( RB as ) ( JJ low ) ) ( PP ( IN as ) ( NP ( NP ( CD four ) ( NNS cents ) ) ( NP-ADV ( DT a ) ( NN share ) ) ) ) ) ) ) ) ) ) ) )

Mr. Dell said he does n't expect a loss in either the third or fourth quarter but said third-quarter earnings could be as low as four cents a share


( S ( PP-TMP ( IN In ) ( NP ( DT the ) ( JJ third ) ( NN quarter ) ) ) ( NP-TMP ( JJ last ) ( NN year ) ) ( NP-SBJ ( NNP Dell ) ) ( VP ( VBD had ) ( NP ( NP ( JJ net ) ( NN income ) ) ( PP ( IN of ) ( NP ( NP ( QP ( CD 5 ) ( CD million ) ) ) ( CC or ) ( NP ( NP ( CD 26 ) ( NNS cents ) ) ( NP-ADV ( DT a ) ( NN share ) ) ) ) ) ) ( PP ( IN on ) ( NP ( NP ( NNS sales ) ) ( PP ( IN of ) ( NP ( QP ( CD 75.2 ) ( CD million ) ) ) ) ) ) ) )

In the third quarter last year Dell had net income of 5 million or 26 cents a share on sales of 75.2 million


( S ( NP-SBJ ( NNP Mr. ) ( NNP Dell ) ) ( VP ( VBD attributed ) ( NP ( DT the ) ( NNS earnings ) ( NN slide ) ) ( PP-CLR ( TO to ) ( NP ( NP ( JJ new ) ( NN product ) ( NNS delays ) ) ( PP ( JJ such ) ( IN as ) ( NP ( NP ( DT a ) ( NN laptop ) ) ( VP ( VBN scheduled ) ( PP-CLR ( IN for ) ( NP ( NNP September ) ) ) ) ( SBAR ( WHNP-2 ( WDT that ) ) ( S ( VP ( MD wo ) ( RB n't ) ( VP ( VB be ) ( VP ( VBN introduced ) ( PP-TMP ( IN until ) ( NP ( JJ early ) ( NNP November ) ) ) ) ) ) ) ) ) ) ) ) ) )

Mr. Dell attributed the earnings slide to new product delays such as a laptop scheduled for September that wo n't be introduced until early November


( S ( S ( NP-SBJ-1 ( DT Some ) ( NNS delays ) ) ( VP ( VBP have ) ( VP ( VBN been ) ( VP ( VBN caused ) ( PP ( IN by ) ( NP-LGS ( NP ( DT a ) ( NN shortage ) ) ( PP ( IN of ) ( NP ( NP ( NNS micoprocessors ) ) ( NP ( NP ( RB notably ) ( NP ( NNP Intel ) ( NNP Corp. ) ( POS 's ) ) ( JJS newest ) ( NN chip ) ) ( NP ( DT the ) ( CD 486 ) ) ) ) ) ) ) ) ) ) ) ( CC but ) ( S ( NP-SBJ-2 ( NNS others ) ) ( ADVP ( RB apparently ) ) ( VP ( VBP have ) ( VP ( VBN been ) ( VP ( VBN caused ) ( PP ( IN by ) ( NP-LGS ( NP ( NNP Dell ) ( POS 's ) ) ( NX ( NX ( JJ explosive ) ( NN growth ) ) ( CC and ) ( NX ( ADJP ( RB thinly ) ( VBN stretched ) ) ( NNS resources ) ) ) ) ) ) ) ) ) )

Some delays have been caused by a shortage of micoprocessors notably Intel Corp. 's newest chip the 486 but others apparently have been caused by Dell 's explosive growth and thinly stretched resources


( SINV ( S-TPC-1 ( NP-SBJ ( PRP They ) ) ( VP ( VBP 've ) ( VP ( VBN got ) ( S ( NP-SBJ ( NP ( DT a ) ( NN lot ) ) ( PP ( IN of ) ( NP ( JJ different ) ( NNS balls ) ) ) ) ( PP-LOC-PRD ( IN in ) ( NP ( DT the ) ( NN air ) ) ) ( PP-TMP ( IN at ) ( NP ( DT the ) ( JJ same ) ( NN time ) ) ) ) ) ) ) ( VP ( VBZ observes ) ) ( NP-SBJ ( NP ( NNP Jim ) ( NNP Poyner ) ) ( NP ( NP ( DT a ) ( NN computer ) ( NNS securities ) ( NN analyst ) ) ( PP ( IN with ) ( NP ( JJ Dallas-based ) ( NNP William ) ( NNP K. ) ( NNP Woodruff ) ( CC & ) ( NNP Co ) ) ) ) ) )

They 've got a lot of different balls in the air at the same time observes Jim Poyner a computer securities analyst with Dallas-based William K. Woodruff & Co


( S ( NP-SBJ ( NNP Mr. ) ( NNP Dell ) ) ( ADVP-TMP ( RB meanwhile ) ) ( VP ( VBZ concedes ) ( SBAR ( S ( NP-SBJ ( DT the ) ( NN company ) ) ( VP ( VBD was ) ( ADVP ( RB definitely ) ) ( ADJP-PRD ( RB too ) ( JJ optimistic ) ) ( PP ( IN in ) ( NP ( PRP$ its ) ( NNS expectations ) ) ) ) ) ) ) )

Mr. Dell meanwhile concedes the company was definitely too optimistic in its expectations


( S ( NP-SBJ ( NN Product ) ( NNS delays ) ) ( ADVP ( RB however ) ) ( VP ( VBP have ) ( VP ( VBN left ) ( S ( NP-SBJ-1 ( NNP Dell ) ) ( VP ( VBN buffeted ) ( PP ( IN by ) ( NP-LGS ( NP ( JJR harsher ) ( NN competition ) ) ( PP-LOC ( IN in ) ( NP ( NP ( PRP$ its ) ( JJ bread-and-butter ) ( NN line ) ) ( PP ( IN of ) ( NP ( NN desktop ) ( NNS computers ) ) ) ) ) ) ) ) ) ( SBAR-ADV ( IN as ) ( S ( NP-SBJ ( NP ( NN powerhouse ) ( NNS competitors ) ) ( NP ( NP ( NNP Compaq ) ( NNP Computer ) ( NNP Corp. ) ) ( CC and ) ( NP ( NNP International ) ( NNP Business ) ( NNPS Machines ) ( NNP Corp. ) ) ) ) ( VP ( VBP price ) ( NP ( PRP$ their ) ( NNS PCs ) ) ( ADVP-MNR ( RBR more ) ( RB aggressively ) ) ) ) ) ) ) )

Product delays however have left Dell buffeted by harsher competition in its bread-and-butter line of desktop computers as powerhouse competitors Compaq Computer Corp. and International Business Machines Corp. price their PCs more aggressively


( S ( NP-SBJ ( DT The ) ( NN result ) ) ( VP ( VBZ has ) ( VP ( VBN been ) ( NP-PRD ( NP ( JJR thinner ) ( NNS margins ) ) ( SBAR ( WHNP-1 ( WDT which ) ) ( S ( VP ( VBP have ) ( VP ( VBN been ) ( VP ( ADVP ( RB further ) ) ( VBN eroded ) ( PP ( IN by ) ( NP-LGS ( NP ( DT an ) ( JJ ambitious ) ( NN research ) ( CC and ) ( NN development ) ( NN effort ) ) ( CC and ) ( NP ( JJ rapid ) ( RB overseas ) ( NN expansion ) ) ) ) ) ) ) ) ) ) ) ) )

The result has been thinner margins which have been further eroded by an ambitious research and development effort and rapid overseas expansion


( S ( NP-SBJ ( NP ( NN Analyst ) ( NNP James ) ( NNP Weil ) ) ( PP ( IN of ) ( NP ( DT the ) ( NNP Soundview ) ( NNP Financial ) ( NNP Group ) ) ) ) ( VP ( VBZ believes ) ( SBAR ( S ( NP-SBJ-1 ( NP ( NNP Dell ) ( POS 's ) ) ( NN response ) ) ( VP ( VBZ has ) ( VP ( VBN been ) ( S-PRD ( VP ( TO to ) ( VP ( VB place ) ( NP ( VBN increased ) ( NN emphasis ) ) ( PP-CLR ( IN on ) ( NP ( NN product ) ( NN quality ) ) ) ( PP ( IN in ) ( NP ( DT an ) ( NN effort ) ( S ( VP ( TO to ) ( VP ( VB rise ) ( PP-DIR ( IN above ) ( NP ( NP ( DT some ) ) ( PP ( IN of ) ( NP ( DT that ) ( NN price ) ( NN pressure ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

Analyst James Weil of the Soundview Financial Group believes Dell 's response has been to place increased emphasis on product quality in an effort to rise above some of that price pressure


( S-1 ( CC But ) ( NP-SBJ ( IN that ) ) ( VP ( VBZ has ) ( VP ( VBN been ) ( NP-PRD ( NP ( DT the ) ( NN key ) ) ( PP ( TO to ) ( NP ( NP ( NNP Compaq ) ( POS 's ) ) ( NN success ) ) ) ) ( PRN ( S ( NP-SBJ ( PRP he ) ) ( VP ( VBZ adds ) ) ) ) ( SBAR-ADV ( IN whereas ) ( S ( S ( NP-SBJ ( NNP Dell ) ) ( VP ( VBD carved ) ( PRT ( RP out ) ) ( NP ( PRP$ its ) ( NN market ) ( NN niche ) ) ( PP ( IN as ) ( NP ( NP ( DT a ) ( JJ direct ) ( NN seller ) ) ( PP ( IN of ) ( NP ( ADJP ( JJ low-cost ) ( CC but ) ( JJ reliable ) ) ( NNS computers ) ) ) ) ) ) ) ( CC and ) ( S ( NP-SBJ ( PRP it ) ) ( VP ( MD might ) ( VP ( VB be ) ( ADJP-PRD ( RB too ) ( JJ late ) ( PP-LOC ( IN in ) ( NP ( DT the ) ( NN game ) ) ) ) ( PP ( IN for ) ( NP ( NP ( DT a ) ( NN shift ) ) ( PP-LOC ( IN in ) ( NP ( NN strategy ) ) ) ) ) ) ) ) ) ) ) ) )

But that has been the key to Compaq 's success he adds whereas Dell carved out its market niche as a direct seller of low-cost but reliable computers and it might be too late in the game for a shift in strategy


( S ( PP-LOC ( IN In ) ( NP ( JJ national ) ( JJ over-the-counter ) ( NN trading ) ) ) ( NP-SBJ ( NNP Dell ) ) ( VP ( VBD closed ) ( NP-TMP ( NN yesterday ) ) ( PP-CLR ( IN at ) ( NP ( NP ( CD 6 ) ) ( NP-ADV ( DT a ) ( NN share ) ) ) ) ( ADVP ( IN down ) ( NP ( CD 87.5 ) ( NNS cents ) ) ) ) )

In national over-the-counter trading Dell closed yesterday at 6 a share down 87.5 cents


( NP-TTL ( NNP Past ) ( NNP Due ) ( NNP Impasse ) )

Past Due Impasse


( S ( S ( NP-SBJ ( PRP I ) ) ( ADVP-TMP ( RB never ) ) ( VP ( VBP pay ) ( NP ( PRP$ my ) ( NNS bills ) ) ( PP-TMP ( IN Till ) ( NP ( DT the ) ( ADJP ( RB very ) ( JJ last ) ) ( NN day ) ) ) ) ) ( S ( NP-SBJ-1 ( PRP I ) ) ( VP ( VBP lose ) ( NP ( ADJP ( RB far ) ( JJR less ) ) ( NN interest ) ) ( PP-MNR ( IN By ) ( S-NOM ( VP ( VBG proceeding ) ( NP-MNR ( DT that ) ( NN way ) ) ) ) ) ) ) )

I never pay my bills Till the very last day I lose far less interest By proceeding that way


( S ( S ( CC But ) ( NP-SBJ ( NP ( PRP it ) ) ( NP ( RB all ) ) ) ( VP ( VBZ evens ) ( PRT ( IN out ) ) ) ) ( PRN ( S ( NP-SBJ ( PRP It ) ) ( VP ( VBZ 's ) ( ADJP-PRD ( RB so ) ( JJ easy ) ( SBAR ( S ( VP ( TO to ) ( VP ( VB see ) ) ) ) ) ) ) ) ) ( SINV ( PP-TMP ( RB Not ) ( IN till ) ( NP ( DT the ) ( JJ last ) ( NN moment ) ) ) ( VBP Am ) ( NP-SBJ-3 ( PRP I ) ) ( VP ( VBN paid ) ( SBAR-NOM ( WHNP-1 ( WP what ) ) ( S ( VP ( VBZ 's ) ( ADJP-PRD ( JJ due ) ( NP ( PRP me ) ) ) ) ) ) ) ) )

But it all evens out It 's so easy to see Not till the last moment Am I paid what 's due me


( NP ( NNP Arnold ) ( NNP J. ) ( NNP Zarett ) )

Arnold J. Zarett


( NP-TTL ( NNP Rex ) ( NNP Tremendae ) )

Rex Tremendae


( S ( S ( NP-SBJ ( DT The ) ( JJ effete ) ( NNP Tyrannosaurus ) ( NNP Rex ) ) ( VP ( VBD Had ) ( NP ( NP ( JJ strict ) ( JJ Cretaceous ) ( NNS views ) ) ( PP ( IN on ) ( NP ( NN sex ) ) ) ) ) ) ( CC And ) ( S ( NP-SBJ ( DT that ) ) ( VP ( VBZ is ) ( SBAR-PRD ( WHADVP-1 ( WRB why ) ) ( S ( NP-SBJ ( PRP you ) ) ( ADVP ( RB only ) ) ( VP ( VB see ) ( S ( NP-SBJ-2 ( PRP him ) ) ( VP ( VBN Reproduced ) ( PP-LOC ( IN in ) ( NP ( DT the ) ( NN museum ) ) ) ) ) ) ) ) ) ) )

The effete Tyrannosaurus Rex Had strict Cretaceous views on sex And that is why you only see him Reproduced in the museum


( NP ( NNP Laurence ) ( NNP W. ) ( NNP Thomas ) )

Laurence W. Thomas


( S ( PP-TMP ( IN After ) ( S-NOM ( VP ( VBG slipping ) ( PP ( IN on ) ( NP ( NP ( NN news ) ) ( PP ( IN of ) ( NP ( DT a ) ( JJ smaller-than-expected ) ( NNP U.S. ) ( NN inflation ) ( NN figure ) ) ) ) ) ) ) ) ( NP-SBJ-1 ( DT the ) ( NN dollar ) ) ( VP ( NN rebounded ) ( ADVP-TMP ( RB later ) ( PP ( IN in ) ( NP ( DT the ) ( VBG trading ) ( NN day ) ) ) ) ) )

After slipping on news of a smaller-than-expected U.S. inflation figure the dollar rebounded later in the trading day


( S ( NP-SBJ ( DT The ) ( NNP U.S. ) ( NN unit ) ) ( VP ( VBD dipped ) ( PP-DIR ( TO to ) ( NP ( NP ( DT a ) ( NN session ) ( JJ low ) ) ( PP ( IN against ) ( NP ( DT the ) ( NN mark ) ) ) ) ) ( PP-TMP ( RB just ) ( IN after ) ( NP ( NP ( DT the ) ( NN release ) ) ( PP ( IN of ) ( NP ( DT the ) ( NNP U.S. ) ( NN consumer ) ( NN price ) ( NN index ) ) ) ) ) ) )

The U.S. unit dipped to a session low against the mark just after the release of the U.S. consumer price index


( S ( NP-SBJ ( DT The ) ( NN report ) ) ( VP ( VBD showed ) ( SBAR ( IN that ) ( S ( NP-SBJ ( NNP September ) ( NN consumer ) ( NNS prices ) ) ( VP ( VBD rose ) ( NP-EXT ( NP ( QP ( RB just ) ( CD 0.2 ) ) ( NN % ) ) ( NP ( NP ( DT a ) ( JJR smaller ) ( NN increase ) ) ( SBAR ( IN than ) ( S ( VP ( VBN expected ) ) ) ) ) ) ) ) ) ) )

The report showed that September consumer prices rose just 0.2 % a smaller increase than expected


( S ( NP-SBJ ( DT The ) ( NN market ) ) ( VP ( VBD had ) ( VP ( VBN anticipated ) ( NP ( NP ( DT a ) ( ADJP ( CD 0.4 ) ( NN % ) ) ( NN rise ) ) ( PP-LOC ( IN in ) ( NP ( DT the ) ( NN price ) ( NN index ) ) ) ) ) ) )

The market had anticipated a 0.4 % rise in the price index


( S ( NP-SBJ ( DT The ) ( NNP September ) ( NN index ) ) ( VP ( VBD fueled ) ( NP ( NP ( NN speculation ) ) ( ADJP ( VBG damaging ) ( PP ( TO to ) ( NP ( DT the ) ( NN dollar ) ) ) ) ( SBAR-1 ( IN that ) ( S ( NP-SBJ ( DT the ) ( NNP Federal ) ( NNP Reserve ) ) ( ADVP-TMP ( RB soon ) ) ( VP ( MD will ) ( VP ( VB ease ) ( NP ( JJ monetary ) ( NN policy ) ) ( ADVP ( RB further ) ) ) ) ) ) ) ) )

The September index fueled speculation damaging to the dollar that the Federal Reserve soon will ease monetary policy further


( S ( CC But ) ( NP-SBJ ( JJ foreign-exchange ) ( NNS dealers ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ-1 ( DT the ) ( NN dollar ) ) ( VP ( VBD staged ) ( NP ( DT a ) ( JJ quick ) ( NN comeback ) ) ( S-ADV ( VP ( VBN prompted ) ( PP ( IN by ) ( NP-LGS ( NP ( NP ( DT a ) ( NN round ) ) ( PP ( IN of ) ( NP ( JJ short ) ( NN covering ) ) ) ) ( CC and ) ( NP ( DT some ) ( JJ fresh ) ( NN buying ) ( NN interest ) ) ) ) ( ADVP-TMP ( RB later ) ( PP ( IN in ) ( NP ( DT the ) ( NN trading ) ( NN day ) ) ) ) ) ) ) ) ) ) )

But foreign-exchange dealers said the dollar staged a quick comeback prompted by a round of short covering and some fresh buying interest later in the trading day


( S ( NP-SBJ ( NNS Traders ) ) ( VP ( VBD said ) ( SBAR ( IN that ) ( S ( NP-SBJ ( NP ( NP ( DT a ) ( ADJP ( RB nearly ) ( JJ 40-point ) ) ( NN gain ) ) ( PP-LOC ( IN in ) ( NP ( DT the ) ( NNP Dow ) ( NNP Jones ) ( NNP Industrial ) ( NNP Average ) ) ) ) ( VP ( VBN fueled ) ( PP ( PP ( IN in ) ( NP ( NN part ) ) ) ( IN by ) ( NP-LGS ( NP ( NN news ) ) ( PP ( IN of ) ( NP ( DT a ) ( JJ lower-than-expected ) ( NN price ) ( NN index ) ) ) ) ) ) ) ( VP ( VBD had ) ( NP ( NP ( JJ little ) ( NN influence ) ) ( PP ( IN on ) ( NP ( NP ( DT the ) ( NN dollar ) ( POS 's ) ) ( NNS moves ) ) ) ) ) ) ) ) )

Traders said that a nearly 40-point gain in the Dow Jones Industrial Average fueled in part by news of a lower-than-expected price index had little influence on the dollar 's moves


( SINV ( S-TPC-2 ( NP-SBJ-1 ( DT The ) ( NN market ) ) ( VP ( VBZ is ) ( VP ( VBG beginning ) ( S ( VP ( TO to ) ( VP ( VB disassociate ) ( NP ( PRP itself ) ) ( PP-CLR ( IN from ) ( NP ( NNP Wall ) ( NNP Street ) ) ) ) ) ) ) ) ) ( VP ( VBD said ) ) ( NP-SBJ ( CD one ) ( NNP New ) ( NNP York ) ( NN trader ) ) )

The market is beginning to disassociate itself from Wall Street said one New York trader


( S ( PP-LOC ( IN In ) ( NP ( JJ late ) ( NNP New ) ( NNP York ) ( NN trading ) ) ) ( NP-TMP ( NN yesterday ) ) ( NP-SBJ-1 ( DT the ) ( NN dollar ) ) ( VP ( VBD was ) ( VP ( VBN quoted ) ( PP-CLR ( PP ( IN at ) ( NP ( NP ( CD 1.8470 ) ( NNS marks ) ) ( ADVP ( IN down ) ( PP ( IN from ) ( NP ( CD 1.8485 ) ( NNS marks ) ) ( NP-TMP ( JJ late ) ( NNP Wednesday ) ) ) ) ) ) ( CC and ) ( PP ( IN at ) ( NP ( NP ( CD 141.70 ) ( NN yen ) ) ( ADVP ( IN up ) ( PP ( IN from ) ( NP ( CD 141.45 ) ( NN yen ) ) ( NP-TMP ( JJ late ) ( NNP Wednesday ) ) ) ) ) ) ) ) ) )

In late New York trading yesterday the dollar was quoted at 1.8470 marks down from 1.8485 marks late Wednesday and at 141.70 yen up from 141.45 yen late Wednesday


( S ( NP-SBJ-1 ( NNP Sterling ) ) ( VP ( VBD was ) ( VP ( VBN quoted ) ( PP-CLR ( IN at ) ( NP ( NP ( CD 1.5990 ) ) ( ADVP ( IN up ) ( PP ( IN from ) ( NP ( CD 1.5920 ) ) ( NP-TMP ( JJ late ) ( NNP Wednesday ) ) ) ) ) ) ) ) )

Sterling was quoted at 1.5990 up from 1.5920 late Wednesday


( S ( PP-LOC ( IN In ) ( NP ( NNP Tokyo ) ) ) ( NP-TMP ( NNP Friday ) ) ( NP-SBJ ( DT the ) ( NNP U.S. ) ( NN currency ) ) ( VP ( VBD opened ) ( PP ( IN for ) ( NP ( NN trading ) ) ) ( PP-CLR ( IN at ) ( NP ( CD 141.93 ) ( NN yen ) ) ) ( ADVP ( IN up ) ( PP ( IN from ) ( NP ( NP ( NP ( NNP Thursday ) ( POS 's ) ) ( NNP Tokyo ) ( NN close ) ) ( PP ( IN of ) ( NP ( CD 141.55 ) ( NN yen ) ) ) ) ) ) ) )

In Tokyo Friday the U.S. currency opened for trading at 141.93 yen up from Thursday 's Tokyo close of 141.55 yen


( S ( NP-SBJ ( DT Some ) ( NNS analysts ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( DT the ) ( NN consumer ) ( NN price ) ( NN index ) ) ( VP ( VBZ reflects ) ( NP ( NP ( DT a ) ( ADJP ( RBR more ) ( JJ significant ) ) ( NN slowdown ) ) ( PP-LOC ( IN in ) ( NP ( DT the ) ( NNP U.S. ) ( NN economy ) ) ) ( SBAR ( IN than ) ( S ( ADVP-TMP ( RBR earlier ) ) ( VP ( VBN indicated ) ) ) ) ) ) ) ) ) )

Some analysts said the consumer price index reflects a more significant slowdown in the U.S. economy than earlier indicated


( S ( NP-SBJ ( PRP They ) ) ( VP ( VBP point ) ( PRT ( RP out ) ) ( SBAR ( IN that ) ( S ( NP-SBJ ( NP ( NNP September ) ( POS 's ) ) ( JJ producer-price ) ( NN index ) ) ( VP ( VBD showed ) ( NP ( DT a ) ( ADJP ( CD 0.9 ) ( NN % ) ) ( NN increase ) ) ) ) ) ) )

They point out that September 's producer-price index showed a 0.9 % increase


( S ( NP-SBJ ( PRP They ) ) ( VP ( VBD noted ) ( SBAR ( IN that ) ( S ( SBAR-PRP ( IN because ) ( S ( NP-SBJ ( NP ( DT the ) ( NN consumer ) ( NN price ) ( NN index ) ) ( VP ( VBN known ) ( PP-CLR ( IN as ) ( NP ( DT the ) ( NNP CPI ) ) ) ) ) ( VP ( VP ( VBZ is ) ( NP-PRD ( NP ( DT a ) ( ADJP ( RBR more ) ( JJ comprehensive ) ) ( NN measure ) ) ( PP ( IN of ) ( NP ( NN inflation ) ) ) ) ) ( CC and ) ( VP ( VBZ is ) ( VP ( VBG rising ) ( ADVP-MNR ( ADVP ( RBR less ) ( RB rapidly ) ) ( PP ( IN than ) ( NP ( NP ( DT the ) ( JJ producer-price ) ( NN index ) ) ( CC or ) ( NP ( NNP PPI ) ) ) ) ) ) ) ) ) ) ( NP-SBJ ( PRP it ) ) ( VP ( MD could ) ( VP ( VB signal ) ( NP ( NP ( RB further ) ( VBG easing ) ) ( PP ( IN by ) ( NP ( NNP Fed ) ) ) ) ) ) ) ) ) )

They noted that because the consumer price index known as the CPI is a more comprehensive measure of inflation and is rising less rapidly than the producer-price index or PPI it could signal further easing by Fed


( S ( NP-SBJ ( NNS Others ) ) ( VP ( VBD suggested ) ( ADVP ( RB however ) ) ( SBAR ( IN that ) ( S ( NP-SBJ ( DT the ) ( NNP Fed ) ) ( VP ( MD will ) ( VP ( VB hold ) ( NP ( NP ( DT any ) ( NNS changes ) ) ( PP-LOC ( IN in ) ( NP ( JJ monetary ) ( NN policy ) ) ) ) ( PP-CLR ( IN in ) ( NP ( NN check ) ) ) ( S-ADV ( VP ( VBG leaving ) ( NP ( NN fed ) ( NNS funds ) ) ( PP-LOC-CLR ( IN at ) ( NP ( NP ( QP ( IN around ) ( CD 8 ) ( CD 3\/4 ) ) ( NN % ) ) ( ADVP ( IN down ) ( PP ( IN from ) ( NP ( NP ( DT the ) ( ADJP ( CD 9 ) ( NN % ) ) ( NN level ) ) ( SBAR ( WHNP-1 ( WDT that ) ) ( S ( VP ( VBD prevailed ) ( PP-TMP ( PP ( IN from ) ( NP ( NNP July ) ) ) ( PP ( IN through ) ( NP ( NNP September ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

Others suggested however that the Fed will hold any changes in monetary policy in check leaving fed funds at around 8 3\/4 % down from the 9 % level that prevailed from July through September


( S ( NP-SBJ ( NP ( NNP Kevin ) ( NNP Logan ) ) ( NP ( NP ( NN chief ) ( NN economist ) ) ( PP ( IN with ) ( NP ( DT the ) ( NNP Swiss ) ( NNP Bank ) ( NNP Corp. ) ) ) ) ) ( VP ( VBD said ) ( SBAR ( IN that ) ( S ( NP-SBJ ( DT both ) ( NNP PPI ) ( CC and ) ( NNP CPI ) ) ( VP ( VBD climbed ) ( NP-EXT ( NP ( QP ( IN around ) ( CD 4 ) ( CD 1\/2 ) ) ( NN % ) ) ( ADJP ( JJ year-to-year ) ) ) ( PP-TMP ( IN in ) ( NP ( NNP September ) ) ) ) ) ) ) )

Kevin Logan chief economist with the Swiss Bank Corp. said that both PPI and CPI climbed around 4 1\/2 % year-to-year in September


( S ( NP-SBJ ( PRP He ) ) ( VP ( VBD argued ) ( SBAR ( IN that ) ( S ( NP-SBJ ( DT both ) ( NNP CPI ) ( CC and ) ( NNP PPI ) ) ( VP ( VBP have ) ( PP ( IN in ) ( NP ( NN fact ) ) ) ( VP ( VBN decelerated ) ( PP-TMP ( IN since ) ( NP ( NN spring ) ) ) ) ) ) ) ) )

He argued that both CPI and PPI have in fact decelerated since spring


( S ( S-TPC-1 ( NP-SBJ-3 ( DT The ) ( NNP Fed ) ) ( VP ( MD wo ) ( RB n't ) ( VP ( VB be ) ( VP ( VBN stampeded ) ( PP-CLR ( IN into ) ( NP ( VBG easing ) ) ) ) ) ) ) ( NP-SBJ-4 ( NNP Mr. ) ( NNP Logan ) ) ( VP ( VBD said ) ( S-ADV ( VP ( VBG predicting ) ( SBAR ( IN that ) ( S ( PP-TMP ( IN for ) ( NP ( RB now ) ) ) ( NP-SBJ ( NN interest ) ( NNS rates ) ) ( VP ( MD will ) ( VP ( VB stay ) ( SBAR-LOC-CLR ( WHADVP-2 ( WRB where ) ) ( S ( NP-SBJ ( PRP they ) ) ( VP ( VBP are ) ) ) ) ) ) ) ) ) ) ) )

The Fed wo n't be stampeded into easing Mr. Logan said predicting that for now interest rates will stay where they are


( S ( NP-SBJ-1 ( NP ( DT A ) ( JJ four-day ) ( VBN matched ) ( NN sale-purchase ) ( NN agreement ) ) ( NP ( DT a ) ( NN move ) ( S ( VP ( TO to ) ( VP ( VB drain ) ( NP ( NN liquidity ) ) ( PP-DIR ( IN from ) ( NP ( DT the ) ( NN system ) ) ) ) ) ) ) ) ( VP ( VBD was ) ( VP ( VBN viewed ) ( PP-CLR ( IN as ) ( NP ( NP ( DT a ) ( JJ technical ) ( NN move ) ) ( CONJP ( RB rather ) ( IN than ) ) ( NP ( NP ( DT an ) ( NN indication ) ) ( PP ( IN of ) ( NP ( VBG tightening ) ( NN credit ) ) ) ) ) ) ) ) )

A four-day matched sale-purchase agreement a move to drain liquidity from the system was viewed as a technical move rather than an indication of tightening credit


( S ( NP-SBJ ( NN Market ) ( NNS participants ) ) ( VP ( VBP note ) ( SBAR ( IN that ) ( S ( NP-SBJ-1 ( DT the ) ( NN mark ) ) ( VP ( VBZ continues ) ( S ( VP ( TO to ) ( VP ( VB post ) ( NP ( NP ( JJR heftier ) ( NNS gains ) ) ( PP ( IN against ) ( NP ( PRP$ its ) ( NNP U.S. ) ( NN counterpart ) ) ) ( PP ( IN than ) ( NP ( NP ( DT any ) ( JJ other ) ( JJ major ) ( NN currency ) ) ( ADVP ( RB particularly ) ) ( NP ( DT the ) ( NN yen ) ) ) ) ) ) ) ) ) ) ) ) )

Market participants note that the mark continues to post heftier gains against its U.S. counterpart than any other major currency particularly the yen


( SINV ( S-TPC-1 ( NP-SBJ ( EX There ) ) ( VP ( VBZ 's ) ( NP-PRD ( NP ( DT a ) ( JJ bottomless ) ( NN pit ) ) ( PP ( IN of ) ( NP ( NP ( NN dollar ) ( NN demand ) ) ( PP ( IN by ) ( NP ( JJ Japanese ) ( NNS investors ) ) ) ) ) ) ) ) ( VP ( VBD said ) ) ( NP-SBJ-2 ( NP ( NNP Graham ) ( NNP Beale ) ) ( NP ( NP ( VBG managing ) ( NN director ) ) ( PP ( IN of ) ( NP ( JJ foreign ) ( NN exchange ) ) ) ( PP-LOC ( IN at ) ( NP ( NP ( NNP Hongkong ) ( CC & ) ( NNP Shanghai ) ( NNP Banking ) ( NNP Corp. ) ) ( PP-LOC ( IN in ) ( NP ( NNP New ) ( NNP York ) ) ) ) ) ) ) ( S-ADV ( VP ( VBG adding ) ( SBAR ( IN that ) ( S ( NP-SBJ ( ADJP ( RB purely ) ( JJ speculative ) ) ( NN demand ) ) ( VP ( MD would ) ( RB n't ) ( VP ( VB hold ) ( NP ( DT the ) ( NN dollar ) ) ( PP-LOC-CLR ( IN at ) ( NP ( PRP$ its ) ( JJ recent ) ( NNS levels ) ) ) ( PP ( IN against ) ( NP ( DT the ) ( JJ Japanese ) ( NN currency ) ) ) ) ) ) ) ) ) )

There 's a bottomless pit of dollar demand by Japanese investors said Graham Beale managing director of foreign exchange at Hongkong & Shanghai Banking Corp. in New York adding that purely speculative demand would n't hold the dollar at its recent levels against the Japanese currency


( S ( NP-SBJ ( NNP Mr. ) ( NNP Beale ) ) ( VP ( VBD commented ) ( SBAR ( IN that ) ( S ( NP-SBJ ( DT the ) ( NN mark ) ) ( VP ( VBZ remains ) ( ADJP-PRD ( RB well ) ( VBN bid ) ) ( PP ( IN against ) ( NP ( JJ other ) ( NNS currencies ) ) ) ( ADVP ( RB as ) ( RB well ) ) ) ) ) ) )

Mr. Beale commented that the mark remains well bid against other currencies as well


( S ( NP-SBJ-2 ( NP ( NNP Robert ) ( NNP White ) ) ( NP ( NP ( NN manager ) ) ( PP ( IN of ) ( NP ( JJ corporate ) ( NN trading ) ) ) ( PP-LOC ( IN at ) ( NP ( NP ( NNP First ) ( NNP Interstate ) ) ( PP ( IN of ) ( NP ( NNP California ) ) ) ) ) ) ) ( VP ( VBD called ) ( S ( NP-SBJ ( DT the ) ( NN market ) ) ( ADJP-PRD ( RB psychologically ) ( JJ pro-mark ) ) ) ( S-ADV ( VP ( VBG noting ) ( SBAR ( IN that ) ( S ( NP-SBJ ( DT the ) ( NNP U.S. ) ) ( VP ( VP ( VBZ remains ) ( NP-PRD ( NP ( DT a ) ( JJ veritable ) ( NN grab ) ( NN bag ) ) ( PP ( IN for ) ( NP ( JJ Japanese ) ( NNS investors ) ) ) ) ) ( SBAR-ADV ( WHNP-1 ( WDT which ) ) ( S ( VP ( VBZ accounts ) ( PP-CLR ( IN for ) ( NP ( NP ( DT the ) ( JJ unabated ) ( NN demand ) ) ( PP ( IN for ) ( NP ( NNP U.S. ) ( NNS dollars ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

Robert White manager of corporate trading at First Interstate of California called the market psychologically pro-mark noting that the U.S. remains a veritable grab bag for Japanese investors which accounts for the unabated demand for U.S. dollars


( S ( PP-LOC ( IN On ) ( NP ( NP ( DT the ) ( NNP Commodity ) ( NNP Exchange ) ) ( PP-LOC ( IN in ) ( NP ( NNP New ) ( NNP York ) ) ) ) ) ( NP-SBJ ( NN gold ) ) ( VP ( VBD dropped ) ( NP-EXT ( CD 1.60 ) ) ( PP-DIR ( TO to ) ( NP ( NP ( CD 367.10 ) ) ( NP-ADV ( DT an ) ( NN ounce ) ) ) ) ( PP-LOC ( IN in ) ( NP ( JJ moderate ) ( NN trading ) ) ) ) )

On the Commodity Exchange in New York gold dropped 1.60 to 367.10 an ounce in moderate trading


( S ( NP-SBJ ( VBN Estimated ) ( NN volume ) ) ( VP ( VBD was ) ( NP-PRD ( QP ( CD three ) ( CD million ) ) ( NNS ounces ) ) ) )

Estimated volume was three million ounces


( S ( PP-LOC ( IN In ) ( NP ( RB early ) ( NN trading ) ) ) ( PP-LOC ( IN in ) ( NP ( NNP Hong ) ( NNP Kong ) ) ) ( NP-TMP ( NNP Friday ) ) ( NP-SBJ ( NN gold ) ) ( VP ( VBD was ) ( PP-LOC-PRD ( IN at ) ( NP ( NP ( QP ( IN about ) ( CD 366.85 ) ) ) ( NP-ADV ( DT an ) ( NN ounce ) ) ) ) ) )

In early trading in Hong Kong Friday gold was at about 366.85 an ounce


( S ( NP-SBJ ( NP ( DT A ) ( NN group ) ) ( VP ( NN bidding ) ( PP-CLR ( IN for ) ( NP ( NP ( NNP American ) ( NNP Medical ) ( NNP International ) ( NNP Inc. ) ) ( NP-LOC ( NNP New ) ( NNP York ) ) ) ) ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( PRP it ) ) ( VP ( ADVP-MNR ( RB formally ) ) ( VBD received ) ( NP ( NP ( DT the ) ( JJ final ) ( NN financing ) ) ( VP ( VBN needed ) ( PP-CLR ( IN for ) ( NP ( NP ( DT a ) ( ADJP ( QP ( CD 3 ) ( CD billion ) ) ) ( NN bid ) ) ( PP ( IN for ) ( NP ( NP ( QP ( IN about ) ( CD 86 ) ) ( NN % ) ) ( PP ( IN of ) ( NP ( NP ( DT the ) ( NN hospital ) ( NN operator ) ( POS 's ) ) ( NN stock ) ) ) ) ) ) ) ) ) ) ) ) ) )

A group bidding for American Medical International Inc. New York said it formally received the final financing needed for a 3 billion bid for about 86 % of the hospital operator 's stock


( S ( NP-SBJ-1 ( NP ( DT The ) ( NN offer ) ) ( PP ( IN from ) ( NP ( NNP IMA ) ( NNP Acquisition ) ( NNP Corp. ) ) ) ( PP ( IN for ) ( NP ( QP ( RB as ) ( JJ many ) ( IN as ) ( CD 63 ) ( CD million ) ) ( NNS shares ) ) ) ) ( VP ( VBZ is ) ( VP ( VBN set ) ( S ( VP ( TO to ) ( VP ( VB expire ) ( NP-TMP ( NNP Wednesday ) ) ) ) ) ) ) )

The offer from IMA Acquisition Corp. for as many as 63 million shares is set to expire Wednesday


( S ( S ( NP-TMP ( RBR Earlier ) ( DT this ) ( NN month ) ) ( NP-SBJ ( NNP IMA ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( PRP it ) ) ( VP ( VBD had ) ( VP ( VBN received ) ( NP ( NP ( QP ( IN about ) ( CD 1 ) ( CD billion ) ) ) ( PP ( IN of ) ( NP ( JJ senior ) ( NN debt ) ( NN financing ) ) ) ) ( PP-DIR ( IN from ) ( NP ( NP ( NNP Chemical ) ( NNP Bank ) ) ( CC and ) ( NP ( CD six ) ( JJ other ) ( NNS banks ) ) ) ) ) ) ) ) ) ) ( S ( NP-SBJ ( NNP Chemical ) ( NNP Bank ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( PRP it ) ) ( VP ( VBD was ) ( ADJP-PRD ( RB highly ) ( JJ confident ) ( SBAR ( S ( NP-SBJ ( PRP it ) ) ( VP ( MD could ) ( VP ( VB arrange ) ( NP ( NP ( DT the ) ( NN balance ) ) ( PP ( IN of ) ( NP ( QP ( IN about ) ( CD 509 ) ( CD million ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

Earlier this month IMA said it had received about 1 billion of senior debt financing from Chemical Bank and six other banks Chemical Bank said it was highly confident it could arrange the balance of about 509 million


( S ( PP ( IN In ) ( NP ( NN addition ) ) ) ( NP-SBJ ( DT the ) ( ADJP ( QP ( CD 3 ) ( CD billion ) ) ) ( NN bid ) ) ( VP ( VBZ includes ) ( NP ( NP ( NP ( QP ( CD 1 ) ( CD billion ) ) ) ( PP ( IN of ) ( NP ( NN debt ) ) ) ( SBAR ( WHNP-3 ( WDT that ) ) ( S ( VP ( MD will ) ( VP ( VB be ) ( VP ( VBN assumed ) ( PP ( IN by ) ( NP-LGS ( NNP IMA ) ) ) ) ) ) ) ) ) ( NP ( NP ( QP ( CD 600 ) ( CD million ) ) ) ( PP ( IN of ) ( NP ( JJ high-yield ) ( NN junk ) ( NNS bonds ) ) ) ( SBAR ( WHNP-4 ( WDT that ) ) ( S ( VP ( MD will ) ( VP ( VB be ) ( VP ( VBN sold ) ( PP ( IN by ) ( NP-LGS ( NNP First ) ( NNP Boston ) ( NNP Corp. ) ) ) ) ) ) ) ) ) ( CC and ) ( NP ( NP ( QP ( CD 285 ) ( CD million ) ) ) ( PP ( IN of ) ( NP ( NN equity ) ) ) ) ) ) )

In addition the 3 billion bid includes 1 billion of debt that will be assumed by IMA 600 million of high-yield junk bonds that will be sold by First Boston Corp. and 285 million of equity


( S ( PP-LOC ( IN In ) ( NP ( NNP New ) ( NNP York ) ( NNP Stock ) ( NNP Exchange ) ( NN composite ) ( NN trading ) ) ) ( NP-TMP ( NN yesterday ) ) ( NP-SBJ ( NNP American ) ( NNP Medical ) ) ( VP ( VBD closed ) ( PP-CLR ( IN at ) ( NP ( CD 23.625 ) ) ) ( ADVP ( IN up ) ( NP ( CD 1.875 ) ) ) ) )

In New York Stock Exchange composite trading yesterday American Medical closed at 23.625 up 1.875


( S ( NP-SBJ ( NNP American ) ( NNP Medical ) ) ( VP ( VP ( VBZ has ) ( VP ( VBN agreed ) ( PP-CLR ( TO to ) ( NP ( DT the ) ( NN offer ) ) ) ) ) ( CC but ) ( VP ( NP-TMP ( RBR earlier ) ( DT this ) ( NN month ) ) ( VBD said ) ( SBAR ( S ( NP-SBJ ( PRP it ) ) ( VP ( VBD had ) ( VP ( VBN received ) ( NP ( NP ( JJ new ) ( NNS expressions ) ) ( PP ( IN of ) ( NP ( NN interest ) ) ) ) ( PP-DIR ( IN from ) ( NP ( CD two ) ( JJ previous ) ( NNS bidders ) ) ) ) ) ) ) ) ) )

American Medical has agreed to the offer but earlier this month said it had received new expressions of interest from two previous bidders


( S ( NP-SBJ ( NNP American ) ( NNP Medical ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( PRP it ) ) ( VP ( VP ( MD would ) ( VP ( VB pursue ) ( NP ( NP ( DT the ) ( NNS inquiries ) ) ( PP ( IN from ) ( NP ( DT the ) ( NNS companies ) ) ) ) ) ) ( CC but ) ( VP ( VP ( MD would ) ( RB n't ) ( VP ( VB identify ) ( NP ( PRP them ) ) ( SBAR-ADV ( IN unless ) ( S ( NP-SBJ ( PRP they ) ) ( VP ( VBP make ) ( NP ( JJ firm ) ( NNS offers ) ) ) ) ) ) ) ) ) ) ) ) )

American Medical said it would pursue the inquiries from the companies but would n't identify them unless they make firm offers


( S ( NP-SBJ ( NP ( NNP Combustion ) ( NNP Engineering ) ( NNP Inc. ) ) ( NP-LOC ( NP ( NNP Stamford ) ) ( NP ( NNP Conn. ) ) ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ-1 ( PRP it ) ) ( VP ( VP ( VBD sold ) ) ( CC and ) ( VP ( VBD agreed ) ( S ( VP ( TO to ) ( VP ( VB sell ) ) ) ) ) ( NP-2 ( JJ several ) ( NX ( NX ( NNS investments ) ) ( CC and ) ( NX ( JJ nonstrategic ) ( NNS businesses ) ) ) ) ( PP-CLR-5 ( IN for ) ( NP ( NP ( QP ( IN about ) ( CD 100 ) ( CD million ) ) ) ( SBAR ( WHNP-4 ( WDT which ) ) ( S ( VP ( MD will ) ( VP ( VB be ) ( VP ( VBN used ) ( PP-CLR ( IN for ) ( NP ( S-NOM ( VP ( VBG reducing ) ( NP ( NN debt ) ) ) ) ( CC and ) ( NP ( JJ general ) ( NNS purposes ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

Combustion Engineering Inc. Stamford Conn. said it sold and agreed to sell several investments and nonstrategic businesses for about 100 million which will be used for reducing debt and general purposes


( S ( NP-SBJ ( DT The ) ( NNS transactions ) ) ( VP ( VBP are ) ( ADJP-PRD ( JJ unrelated ) ) ) )

The transactions are unrelated


( S ( NP-SBJ-1 ( DT The ) ( NN company ) ) ( VP ( VBD agreed ) ( S ( VP ( TO to ) ( VP ( VB sell ) ( NP ( NP ( PRP$ its ) ( NN minority ) ( NNS investments ) ) ( PP ( IN in ) ( NP ( NP ( NP ( NNS makers ) ) ( PP ( IN of ) ( NP ( ADJP ( NN steam-generating ) ( CC and ) ( VBN related ) ) ( NN equipment ) ) ) ) ( NP ( NP ( NNP Stein ) ( NNP Industrie ) ) ( CC and ) ( NP ( NNP Energie ) ( CC & ) ( NNP Verfahrenstechnik ) ) ) ) ) ) ( PP-DTV ( TO to ) ( NP ( NP ( NP ( DT the ) ( JJ major ) ( NN shareholder ) ) ( PP-LOC ( IN in ) ( NP ( DT the ) ( NNS companies ) ) ) ) ( NP ( JJ Dutch-based ) ( NNP GEC ) ( NNP Alsthom ) ( NNP N.V ) ) ) ) ) ) ) ) )

The company agreed to sell its minority investments in makers of steam-generating and related equipment Stein Industrie and Energie & Verfahrenstechnik to the major shareholder in the companies Dutch-based GEC Alsthom N.V


( S ( NP-SBJ ( NP ( NNP Combustion ) ( NNP Engineering ) ) ( SBAR ( WHNP-1 ( WDT which ) ) ( S ( VP ( VBZ provides ) ( NP ( NP ( NP ( VBN engineered ) ( NNS products ) ) ( NP ( NNS systems ) ) ( CC and ) ( NP ( NNS services ) ) ) ( PP ( IN for ) ( NP ( NN power ) ( NN generation ) ) ) ) ) ) ) ) ( ADVP ( RB also ) ) ( VP ( VBD sold ) ( NP ( NP ( NNP Illinois ) ( NNPS Minerals ) ( NNP Co. ) ) ( VP ( VBN based ) ( PP-LOC-CLR ( IN in ) ( NP ( NP ( NNP Cairo ) ) ( NP ( NNP Ill ) ) ) ) ) ) ) )

Combustion Engineering which provides engineered products systems and services for power generation also sold Illinois Minerals Co. based in Cairo Ill


( S ( NP-SBJ-1 ( NP ( DT That ) ( NN unit ) ) ( PP ( IN of ) ( NP ( PRP$ its ) ( NNP Georgia ) ( NNP Kaolin ) ( NNP Co. ) ( NN subsidiary ) ) ) ) ( VP ( VBD was ) ( VP ( VBN sold ) ( PP-CLR ( TO to ) ( NP ( NP ( DT a ) ( NN unit ) ) ( PP ( IN of ) ( NP ( NNP Unimin ) ( NNP Corp ) ) ) ) ) ) ) )

That unit of its Georgia Kaolin Co. subsidiary was sold to a unit of Unimin Corp


( S ( S ( NP-SBJ-1 ( NP ( NNPS Assets ) ) ( PP ( IN of ) ( NP ( NP ( NNP Construction ) ( NNP Equipment ) ( NNP International ) ) ( NP-LOC ( NNP Houston ) ) ) ) ) ( VP ( VBD were ) ( VP ( VBN sold ) ( PP-CLR ( TO to ) ( NP ( NNP Essex ) ( NNP Crane ) ( NNP Inc. ) ) ) ) ) ) ( CC and ) ( S ( NP-SBJ-2 ( NP ( DT the ) ( NNS assets ) ) ( PP ( IN of ) ( NP ( NP ( NNP Elgin ) ( NNP Electronics ) ) ( NP-LOC ( NP ( NNP Erie ) ) ( NP ( NNP Pa. ) ) ) ) ) ) ( VP ( VBD were ) ( VP ( VBN sold ) ( PP-CLR ( TO to ) ( NP ( ADJP ( RB closely ) ( VBN held ) ) ( NNP Charter ) ( NNPS Technologies ) ( NNP Inc ) ) ) ) ) ) )

Assets of Construction Equipment International Houston were sold to Essex Crane Inc. and the assets of Elgin Electronics Erie Pa. were sold to closely held Charter Technologies Inc


( S ( NP-SBJ ( NP ( NNP Computer ) ( NNPS Sciences ) ( NNP Corp. ) ) ( NP-LOC ( NP ( NNP El ) ( NNP Segundo ) ) ( NP ( NNP Calif. ) ) ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( DT the ) ( NNP National ) ( NNP Aeronautics ) ( CC and ) ( NNP Space ) ( NNP Administration ) ) ( VP ( MD will ) ( VP ( VB negotiate ) ( NP ( NP ( NNS details ) ) ( PP ( IN of ) ( NP ( NP ( DT a ) ( NN contract ) ) ( VP ( VBN valued ) ( PP-CLR ( IN at ) ( NP ( QP ( IN about ) ( CD 170 ) ( CD million ) ) ) ) ) ( S-1 ( VP ( TO to ) ( VP ( VB provide ) ( NP ( NP ( NN software ) ) ( PP ( IN for ) ( NP ( DT the ) ( NNP Ames ) ( NNP Research ) ( NNP Center ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

Computer Sciences Corp. El Segundo Calif. said the National Aeronautics and Space Administration will negotiate details of a contract valued at about 170 million to provide software for the Ames Research Center


( SINV ( VP-TPC-2 ( VBN Included ) ( PP-LOC-CLR ( IN in ) ( NP ( DT the ) ( JJ three-year ) ( NN contract ) ) ) ) ( VP ( VBP are ) ) ( NP-SBJ-1 ( NP ( NNS options ) ) ( PP ( IN for ) ( NP ( CD two ) ( JJ one-year ) ( NNS renewals ) ) ) ) )

Included in the three-year contract are options for two one-year renewals


( S ( S ( NP-SBJ ( NNP NASA ) ) ( VP ( VBD awarded ) ( NP ( DT the ) ( NN contract ) ) ( PP-DTV ( TO to ) ( NP ( NNP CSC ) ) ) ( PP-TMP ( IN in ) ( NP ( NNP November ) ) ) ) ) ( CC but ) ( S ( NP-SBJ ( NP ( DT an ) ( NN appeal ) ) ( PP ( IN by ) ( NP ( NP ( NNP Sterling ) ( NNP Software ) ( NNP Inc. ) ) ( PP ( IN of ) ( NP ( NNP Dallas ) ) ) ) ) ) ( VP ( VBD sent ) ( NP ( DT the ) ( NN contract ) ) ( PP-DTV ( TO to ) ( NP ( NP ( DT the ) ( NNP General ) ( NNPS Services ) ( NNP Administration ) ( NNP Board ) ) ( PP ( IN of ) ( NP ( NNP Contract ) ( NNPS Appeals ) ) ) ) ) ) ) ( CC and ) ( S ( NP-SBJ ( DT the ) ( NN board ) ) ( VP ( VBN required ) ( S ( NP-SBJ ( NNP NASA ) ) ( VP ( TO to ) ( VP ( VB re-evaluate ) ( NP ( NP ( NNS bidders ) ( POS ' ) ) ( NNS proposals ) ) ) ) ) ) ) )

NASA awarded the contract to CSC in November but an appeal by Sterling Software Inc. of Dallas sent the contract to the General Services Administration Board of Contract Appeals and the board required NASA to re-evaluate bidders ' proposals


( S ( NP-SBJ ( NNP Sterling ) ) ( VP ( VP ( VBD had ) ( VP ( VBN completed ) ( NP ( NP ( DT a ) ( JJ five-year ) ( NN contract ) ) ( PP ( IN for ) ( NP ( NNP NASA ) ) ) ) ) ) ( CC but ) ( VP ( VBD lost ) ( NP ( NP ( PRP$ its ) ( NN bid ) ) ( PP ( IN for ) ( NP ( NN renewal ) ) ) ) ) ) )

Sterling had completed a five-year contract for NASA but lost its bid for renewal


( S ( SBAR-ADV ( IN As ) ( S ( VP ( VBN directed ) ( PP ( IN by ) ( NP-LGS ( DT the ) ( NN board ) ) ) ) ) ) ( NP-SBJ-2 ( NNP NASA ) ) ( VP ( VP ( VBD completed ) ( NP ( DT the ) ( NN evaluation ) ) ) ( CC and ) ( VP ( ADVP-TMP ( RB again ) ) ( VBD chose ) ( NP ( NNP CSC ) ) ) ) )

As directed by the board NASA completed the evaluation and again chose CSC


( S ( PP ( IN For ) ( NP ( NP ( PRP$ its ) ( JJ fiscal ) ( NN year ) ) ( VP ( VBD ended ) ( NP-TMP ( NNP March ) ( CD 31 ) ) ) ) ) ( NP-SBJ ( NNP CSC ) ) ( VP ( VBD had ) ( NP ( NP ( NN revenue ) ) ( PP ( IN of ) ( NP ( QP ( CD 1.3 ) ( CD billion ) ) ) ) ) ) )

For its fiscal year ended March 31 CSC had revenue of 1.3 billion


( S ( NP-SBJ ( NNP Amdura ) ( NNP Corp. ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ-1 ( NP ( PRP$ its ) ( NN bank ) ( NN group ) ) ( VP ( VBN led ) ( PP ( IN by ) ( NP-LGS ( JJ Chicago-based ) ( NNP Continental ) ( NNP Bank ) ) ) ) ) ( VP ( VP ( VBD agreed ) ( S ( VP ( TO to ) ( VP ( VB extend ) ( NP ( PRP$ its ) ( ADJP ( QP ( CD 40 ) ( CD million ) ) ) ( NN bridge ) ( NN loan ) ) ( PP-TMP-CLR ( IN until ) ( NP ( NNP March ) ( CD 31 ) ( CD 1990 ) ) ) ) ) ) ) ( CC and ) ( VP ( VBD gave ) ( NP ( PRP it ) ) ( NP ( DT a ) ( JJ new ) ( ADJP ( QP ( CD 30 ) ( CD million ) ) ) ( NN credit ) ( NN line ) ) ) ) ) ) ) )

Amdura Corp. said its bank group led by Chicago-based Continental Bank agreed to extend its 40 million bridge loan until March 31 1990 and gave it a new 30 million credit line


( S ( PP-LOC ( IN Under ) ( NP ( NP ( NNS terms ) ) ( PP ( IN of ) ( NP ( DT the ) ( NN loan ) ( NN agreement ) ) ) ) ) ( NP-SBJ ( NNP Amdura ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( PRP it ) ) ( VP ( MD will ) ( VP ( VB omit ) ( NP ( NP ( DT the ) ( JJ next ) ( JJ quarterly ) ( NNS dividends ) ) ( PP ( IN on ) ( NP ( NP ( PRP$ its ) ( NNPS Series ) ( NNP A ) ( NNP B ) ( NNP C ) ( CC and ) ( NNP D ) ( VBN preferred ) ( NNS shares ) ) ( SBAR ( WHNP-1 ( WDT which ) ) ( S ( VP ( VBP are ) ( ADJP-PRD ( JJ due ) ( NP-TMP ( NNP Nov. ) ( CD 15 ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

Under terms of the loan agreement Amdura said it will omit the next quarterly dividends on its Series A B C and D preferred shares which are due Nov. 15


( S ( SBAR-PRP ( IN Since ) ( S ( NP-SBJ ( DT the ) ( VBN preferred ) ( NN stock ) ) ( VP ( VBZ is ) ( ADJP-PRD ( JJ cumulative ) ) ) ) ) ( NP-SBJ ( NNP Amdura ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( PRP it ) ) ( VP ( MD will ) ( VP ( VB pay ) ( NP ( NP ( DT all ) ( VBN omitted ) ( NNS dividends ) ) ( SBAR ( WHNP-2 ( WDT which ) ) ( S ( VP ( VBP range ) ( PP-CLR ( IN from ) ( NP ( NP ( QP ( CD 1.19 ) ( TO to ) ( CD 4.88 ) ) ) ( NP-ADV ( DT a ) ( NN share ) ) ) ) ) ) ) ) ( SBAR-TMP ( WHADVP-3 ( WRB when ) ) ( S ( NP-SBJ-1 ( NN debt-reduction ) ( NNS requirements ) ) ( VP ( VBP have ) ( VP ( VBN been ) ( VP ( VBN met ) ) ) ) ) ) ) ) ) ) ) )

Since the preferred stock is cumulative Amdura said it will pay all omitted dividends which range from 1.19 to 4.88 a share when debt-reduction requirements have been met


( S ( NP-SBJ-1 ( NP ( NP ( NNP Amdura ) ( POS 's ) ) ( NN bridge ) ( NN loan ) ) ( NP ( NP ( NN part ) ) ( PP ( IN of ) ( NP ( NP ( DT the ) ( NN financing ) ) ( PP ( IN for ) ( NP ( NP ( NP ( NNP Amdura ) ( POS 's ) ) ( NN acquisition ) ) ( PP ( IN of ) ( NP ( NNP CoastAmerica ) ) ) ( PP-TMP ( IN in ) ( NP ( NNP December ) ( CD 1988 ) ) ) ) ) ) ) ) ) ( VP ( VBD was ) ( S-PRD ( VP ( TO to ) ( VP ( VB come ) ( ADJP-PRD ( JJ due ) ) ( NP-TMP ( JJ next ) ( NNP Friday ) ) ) ) ) ) )

Amdura 's bridge loan part of the financing for Amdura 's acquisition of CoastAmerica in December 1988 was to come due next Friday


( S ( NP-SBJ-2 ( NP ( NP ( DT The ) ( NN company ) ( POS 's ) ) ( JJ new ) ( NN management ) ) ( SBAR ( WHNP-1 ( WDT which ) ) ( S ( VP ( VBD took ) ( NP ( NP ( NN control ) ) ( PP ( IN of ) ( NP ( NP ( NNP Amdura ) ( POS 's ) ) ( NN board ) ) ) ) ( PP-TMP ( IN after ) ( NP ( NP ( DT a ) ( NN consent ) ( NN solicitation ) ) ( NP-TMP ( JJ last ) ( NN month ) ) ) ) ) ) ) ) ( VP ( VBD wanted ) ( S ( VP ( TO to ) ( VP ( VB extend ) ( NP ( DT the ) ( NN loan ) ) ( SBAR-TMP ( IN while ) ( S ( NP-SBJ-3 ( PRP it ) ) ( VP ( VBZ tries ) ( S ( VP ( TO to ) ( VP ( VB sell ) ( NP ( CD two ) ( NNS units ) ) ) ) ) ) ) ) ) ) ) ) )

The company 's new management which took control of Amdura 's board after a consent solicitation last month wanted to extend the loan while it tries to sell two units


( S ( NP-SBJ-1 ( NP ( NNS Proceeds ) ) ( PP ( IN from ) ( NP ( DT those ) ( NNS sales ) ) ) ) ( VP ( MD will ) ( VP ( VB be ) ( VP ( VBN used ) ( S-CLR ( VP ( TO to ) ( VP ( VB reduce ) ( NP ( NN debt ) ) ) ) ) ) ) ) )

Proceeds from those sales will be used to reduce debt


( S ( NP-SBJ ( NP ( NNP Amdura ) ) ( NP ( DT a ) ( NNP Denver ) ( UCP ( NN hardware ) ( CC and ) ( JJ automotive ) ) ( NN distributor ) ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( DT the ) ( JJ new ) ( NN credit ) ( NN agreement ) ) ( VP ( MD will ) ( VP ( VB provide ) ( NP ( NP ( DT the ) ( VBG working ) ( NN capital ) ) ( VP ( VBN needed ) ( S-CLR ( VP ( TO to ) ( VP ( VB meet ) ( NP ( JJ ongoing ) ( NNS requirements ) ) ) ) ) ) ) ) ) ) ) ) )

Amdura a Denver hardware and automotive distributor said the new credit agreement will provide the working capital needed to meet ongoing requirements


( S ( NP-SBJ-1 ( NNP Georgia-Pacific ) ( NNP Corp. ) ) ( S-ADV ( VP ( VBG exceeding ) ( NP ( NP ( DT some ) ( NNS analysts ) ( POS ' ) ) ( NNS expectations ) ) ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( NN third-quarter ) ( NNS earnings ) ) ( VP ( VBD rose ) ( NP-EXT ( CD 56 ) ( NN % ) ) ( PP-DIR ( TO to ) ( NP ( NP ( QP ( CD 178 ) ( CD million ) ) ) ( CC or ) ( NP ( NP ( CD 2.03 ) ) ( NP-ADV ( DT a ) ( NN share ) ) ) ) ) ( PP-DIR ( IN from ) ( NP ( NP ( QP ( CD 114 ) ( CD million ) ) ) ( CC or ) ( NP ( NP ( CD 1.19 ) ) ( NP-ADV ( DT a ) ( NN share ) ) ) ) ( PP-TMP ( IN in ) ( NP ( DT the ) ( JJ year-earlier ) ( NN period ) ) ) ) ) ) ) ) )

Georgia-Pacific Corp. exceeding some analysts ' expectations said third-quarter earnings rose 56 % to 178 million or 2.03 a share from 114 million or 1.19 a share in the year-earlier period


( S ( NP-SBJ ( NNS Sales ) ) ( VP ( VBD increased ) ( NP-EXT ( CD 10 ) ( NN % ) ) ( PP-DIR ( TO to ) ( NP ( QP ( CD 2.65 ) ( CD billion ) ) ) ) ( PP-DIR ( IN from ) ( NP ( QP ( CD 2.41 ) ( CD billion ) ) ) ) ) )

Sales increased 10 % to 2.65 billion from 2.41 billion


( S ( NP-SBJ-1 ( JJ Per-share ) ( NNS earnings ) ) ( VP ( VBD were ) ( VP ( VBN enhanced ) ( PP ( IN by ) ( NP-LGS ( NP ( NP ( DT the ) ( NN company ) ( POS 's ) ) ( NN share ) ( NN buy-back ) ( NN program ) ) ( SBAR ( WHNP-2 ( WDT which ) ) ( S ( VP ( VBD reduced ) ( NP ( NP ( DT the ) ( JJ average ) ( NNS shares ) ) ( ADJP ( JJ outstanding ) ) ) ( PP-DIR ( TO to ) ( NP ( NP ( QP ( CD 87.5 ) ( CD million ) ) ) ( PP-TMP ( IN in ) ( NP ( DT the ) ( NN quarter ) ) ) ) ) ( PP-DIR ( IN from ) ( NP ( QP ( CD 95.8 ) ( CD million ) ) ) ( PP-TMP ( IN in ) ( NP ( NP ( DT the ) ( JJ same ) ( NN quarter ) ) ( PP ( IN of ) ( NP ( CD 1988 ) ) ) ) ) ) ) ) ) ) ) ) ) )

Per-share earnings were enhanced by the company 's share buy-back program which reduced the average shares outstanding to 87.5 million in the quarter from 95.8 million in the same quarter of 1988


( S ( PP ( IN With ) ( NP ( NP ( JJ strong ) ( NNS prices ) ) ( PP-LOC ( IN in ) ( NP ( NP ( NP ( DT the ) ( NN company ) ( POS 's ) ) ( CD two ) ( JJ major ) ( NNS areas ) ) ( PRN ( NP ( NP ( NN building ) ( NNS products ) ) ( RB as ) ( RB well ) ( IN as ) ( NP ( NN pulp ) ( CC and ) ( NN paper ) ) ) ) ) ) ) ) ( NP-SBJ ( NNS analysts ) ) ( VP ( VBD had ) ( VP ( VBN expected ) ( NP ( DT a ) ( VBG roaring ) ( NN quarter ) ) ) ) )

With strong prices in the company 's two major areas building products as well as pulp and paper analysts had expected a roaring quarter


( S ( CC But ) ( NP-SBJ ( DT the ) ( NN performance ) ) ( VP ( VBD exceeded ) ( NP ( NP ( DT some ) ( NNS estimates ) ) ( PP ( IN of ) ( NP ( NP ( QP ( IN around ) ( CD 1.90 ) ) ) ( NP-ADV ( DT a ) ( NN share ) ) ) ) ) ) )

But the performance exceeded some estimates of around 1.90 a share


( SINV ( VP-TPC-1 ( VBG Fueling ) ( NP ( DT the ) ( NN growth ) ) ) ( PP-LOC ( IN among ) ( NP ( JJ other ) ( NNS things ) ) ) ( VP ( VBD were ) ) ( NP-SBJ ( NP ( JJ higher-than-expected ) ( NNS prices ) ) ( PP ( IN for ) ( NP ( JJ certain ) ( NN building ) ( NNS products ) ) ) ) )

Fueling the growth among other things were higher-than-expected prices for certain building products


( NP ( NP ( CD One ) ( NN reason ) ) ( S ( NP-SBJ ( NNS efforts ) ( S ( VP ( TO to ) ( VP ( VB protect ) ( NP ( DT the ) ( JJ spotted ) ( NN owl ) ) ) ) ) ) ( VP ( VBD led ) ( PP-CLR ( TO to ) ( NP ( NP ( NNS restrictions ) ) ( PP ( IN on ) ( NP ( VBG logging ) ) ) ( PP-LOC ( IN in ) ( NP ( DT the ) ( NNP Pacific ) ( NNP Northwest ) ) ) ) ) ( S-ADV ( VP ( VP ( VBG constricting ) ( NP ( NN supply ) ) ) ( CC and ) ( VP ( VBG forcing ) ( NP ( NNS prices ) ) ( ADVP-DIR ( IN up ) ) ) ) ) ) ) )

One reason efforts to protect the spotted owl led to restrictions on logging in the Pacific Northwest constricting supply and forcing prices up


( NP ( NP ( DT Another ) ( NN reason ) ) ( S ( S-TPC-1 ( NP-SBJ ( NP ( NNS strikes ) ) ( PP-LOC ( DT both ) ( IN at ) ( NP ( NP ( NNP Georgia-Pacific ) ) ( CC and ) ( NP ( JJ other ) ( NN lumber ) ( NNS companies ) ) ) ) ) ( ADVP ( RB also ) ) ( VP ( VP ( VBP cut ) ( NP ( NNS supplies ) ) ) ( CC and ) ( VP ( VBD raised ) ( NP ( NNS prices ) ) ) ) ) ( NP-SBJ ( NNS analysts ) ) ( VP ( VBD said ) ) ) )

Another reason strikes both at Georgia-Pacific and other lumber companies also cut supplies and raised prices analysts said


( S ( PP ( IN For ) ( NP ( DT the ) ( CD nine ) ( NNS months ) ) ) ( NP-SBJ ( NP ( NNP Georgia-Pacific ) ( POS 's ) ) ( NNS earnings ) ) ( VP ( VBD increased ) ( NP-EXT ( CD 49 ) ( NN % ) ) ( PP-DIR ( TO to ) ( NP ( NP ( QP ( CD 504 ) ( CD million ) ) ) ( CC or ) ( NP ( NP ( CD 5.58 ) ) ( NP-ADV ( DT a ) ( NN share ) ) ) ) ) ( PP-DIR ( IN from ) ( NP ( NP ( QP ( CD 338 ) ( CD million ) ) ) ( CC or ) ( NP ( NP ( CD 3.41 ) ) ( NP-ADV ( DT a ) ( NN share ) ) ) ) ) ) )

For the nine months Georgia-Pacific 's earnings increased 49 % to 504 million or 5.58 a share from 338 million or 3.41 a share


( S ( NP-SBJ ( NNS Sales ) ) ( VP ( VBD rose ) ( NP-EXT ( CD 11 ) ( NN % ) ) ( PP-DIR ( TO to ) ( NP ( QP ( CD 7.73 ) ( CD billion ) ) ) ) ( PP-DIR ( IN from ) ( NP ( QP ( CD 6.94 ) ( CD billion ) ) ) ) ) )

Sales rose 11 % to 7.73 billion from 6.94 billion


( S ( PP-LOC ( IN In ) ( NP ( JJ composite ) ( NNP New ) ( NNP York ) ( NNP Stock ) ( NNP Exchange ) ( NNP Trading ) ) ) ( NP-SBJ-1 ( NNP Georgia-Pacific ) ( NN stock ) ) ( VP ( VBD rose ) ( NP-EXT ( NP ( CD 1.25 ) ) ( NP-ADV ( DT a ) ( NN share ) ) ) ( NP-TMP ( NN yesterday ) ) ( S-CLR ( VP ( TO to ) ( VP ( VB close ) ( PP-CLR ( IN at ) ( NP ( CD 58 ) ) ) ) ) ) ) )

In composite New York Stock Exchange Trading Georgia-Pacific stock rose 1.25 a share yesterday to close at 58


( S ( NP-SBJ ( NNP Cipher ) ( NNP Data ) ( NNPS Products ) ( NNP Inc. ) ) ( VP ( VBD posted ) ( NP ( NP ( DT a ) ( JJ net ) ( NN loss ) ) ( PP ( IN of ) ( NP ( NP ( QP ( CD 14.2 ) ( CD million ) ) ) ( CC or ) ( NP ( NP ( CD 97 ) ( NNS cents ) ) ( NP-ADV ( DT a ) ( NN share ) ) ) ) ) ( PP ( IN for ) ( NP ( PRP$ its ) ( JJ fiscal ) ( JJ first ) ( NN quarter ) ) ) ( PP ( VBN compared ) ( PP ( IN with ) ( NP ( NP ( JJ net ) ( NN income ) ) ( PP ( IN of ) ( NP ( NP ( QP ( CD 3.8 ) ( CD million ) ) ) ( CC or ) ( NP ( NP ( CD 27 ) ( NNS cents ) ) ( NP-ADV ( DT a ) ( NN share ) ) ) ) ) ( ADVP-TMP ( NP ( DT a ) ( NN year ) ) ( IN ago ) ) ) ) ) ) ) )

Cipher Data Products Inc. posted a net loss of 14.2 million or 97 cents a share for its fiscal first quarter compared with net income of 3.8 million or 27 cents a share a year ago


( S ( NP-SBJ ( NP ( NN Revenue ) ) ( PP ( IN for ) ( NP ( NP ( DT the ) ( NN quarter ) ) ( VP ( VBD ended ) ( NP-TMP ( NNP Sept. ) ( CD 30 ) ) ) ) ) ) ( VP ( VBD fell ) ( NP-EXT ( CD 20 ) ( NN % ) ) ( PP-DIR ( TO to ) ( NP ( QP ( CD 41.3 ) ( CD million ) ) ) ) ( PP-DIR ( IN from ) ( NP ( NP ( QP ( CD 51.9 ) ( CD million ) ) ) ( PP-TMP ( IN in ) ( NP ( DT the ) ( JJ year-earlier ) ( NN period ) ) ) ) ) ) )

Revenue for the quarter ended Sept. 30 fell 20 % to 41.3 million from 51.9 million in the year-earlier period


( S ( NP-SBJ ( NP ( NNP Cipher ) ( NNP Data ) ) ( NP ( NP ( DT a ) ( NNP San ) ( NNP Diego ) ( NN maker ) ) ( PP ( IN of ) ( NP ( NP ( JJ magnetic ) ( NN tape ) ( NNS peripherals ) ) ( CC and ) ( NP ( JJ optical ) ( NN disc ) ( NNS drives ) ) ) ) ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( DT the ) ( NN loss ) ) ( VP ( VBD included ) ( NP ( NP ( NNS reserves ) ) ( PP ( IN of ) ( NP ( QP ( CD 3.8 ) ( CD million ) ) ) ) ( ADJP ( VBN related ) ( PP ( TO to ) ( NP ( DT a ) ( JJ corporate ) ( NN restructuring ) ) ) ) ) ) ) ) ) )

Cipher Data a San Diego maker of magnetic tape peripherals and optical disc drives said the loss included reserves of 3.8 million related to a corporate restructuring


( S ( S-TPC-1 ( NP-SBJ-2 ( DT The ) ( VBG restructuring ) ) ( VP ( VBZ calls ) ( PP-CLR ( IN for ) ( NP ( NP ( DT a ) ( ADJP ( CD 24 ) ( NN % ) ) ( NN reduction ) ) ( PP-LOC ( IN in ) ( NP ( PRP$ its ) ( NN work ) ( NN force ) ) ) ( PP-TMP ( IN over ) ( NP ( DT the ) ( JJ next ) ( CD two ) ( NNS months ) ) ) ) ) ( S-ADV ( VP ( VBG affecting ) ( NP ( IN about ) ( CD 525 ) ( NNS jobs ) ) ) ) ) ) ( NP-SBJ ( NNP Cipher ) ( NNP Data ) ) ( VP ( VBD said ) ) )

The restructuring calls for a 24 % reduction in its work force over the next two months affecting about 525 jobs Cipher Data said


( S ( NP-SBJ ( PRP It ) ) ( VP ( VBZ is ) ( VP ( VBG eliminating ) ( NP ( NP ( DT the ) ( NNS positions ) ) ( PP ( IN of ) ( NP ( NP ( NN president ) ) ( CC and ) ( NP ( NN chief ) ( NN operating ) ( NN officer ) ) ) ) ( VP ( ADVP-TMP ( RB formerly ) ) ( VBN held ) ( PP ( IN by ) ( NP-LGS ( NNP Edward ) ( NNP L. ) ( NNP Marinaro ) ) ) ) ) ) ) )

It is eliminating the positions of president and chief operating officer formerly held by Edward L. Marinaro


( S ( NP-SBJ ( NNP Cipher ) ( NNP Data ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( NNP Mr. ) ( NNP Marinaro ) ) ( ADVP-PRP ( RB consequently ) ) ( VP ( VBZ has ) ( VP ( VBN resigned ) ( PP-CLR ( PP ( IN from ) ( NP ( DT those ) ( NNS posts ) ) ) ( CC and ) ( PP ( IN from ) ( NP ( NP ( DT the ) ( NN company ) ( POS 's ) ) ( NN board ) ) ) ) ) ) ) ) ) )

Cipher Data said Mr. Marinaro consequently has resigned from those posts and from the company 's board


( S ( NP-SBJ-1 ( NNP Mr. ) ( NNP Marinaro ) ) ( VP ( MD could ) ( RB n't ) ( ADVP-TMP ( RB immediately ) ) ( VP ( VB be ) ( VP ( VBN reached ) ( PP-PRP ( IN for ) ( NP ( NN comment ) ) ) ) ) ) )

Mr. Marinaro could n't immediately be reached for comment


( S ( NP-SBJ ( DT The ) ( NN scene ) ) ( VP ( VBZ opens ) ( PP ( IN with ) ( NP ( NP ( JJ pinstripe-suited ) ( NNS executives ) ) ( PRN ( NP ( NP ( NNS Easterners ) ) ( ADVP ( RB obviously ) ) ) ) ( VP ( VP ( VBN glued ) ( PP-CLR ( TO to ) ( NP ( JJ cellular ) ( NNS phones ) ) ) ) ( CC and ) ( VP ( VBG hightailing ) ( NP ( PRP it ) ) ( PP-DIR ( IN out ) ( PP ( IN of ) ( NP ( NN town ) ) ) ) ( PP-LOC ( IN in ) ( NP ( JJ chauffeur-driven ) ( NNS limousines ) ) ) ) ) ) ) ) )

The scene opens with pinstripe-suited executives Easterners obviously glued to cellular phones and hightailing it out of town in chauffeur-driven limousines


( S-1 ( NP-SBJ ( DT The ) ( NNS carpetbaggers ) ) ( PRN ( SINV ( VP ( VBZ snorts ) ) ( NP-SBJ ( DT the ) ( NN narrator ) ) ( PP-MNR ( IN with ) ( NP ( DT a ) ( JJ Texas ) ( NN twang ) ) ) ) ) ( VP ( VBP have ) ( VP ( VP ( VBN packed ) ( NP ( PRP$ their ) ( NNS bags ) ) ) ( CC and ) ( VP ( VBD went ) ) ) ) )

The carpetbaggers snorts the narrator with a Texas twang have packed their bags and went


( S-1 ( CC But ) ( PRN ( S ( NP-SBJ ( PRP he ) ) ( VP ( VBZ continues ) ) ) ) ( NP-SBJ ( PRP They ) ) ( VP ( VBP 're ) ( VP ( VBG forgetting ) ( SBAR ( S ( NP-SBJ ( PRP we ) ) ( VP ( VBP 're ) ( DT all ) ( NP-PRD ( NNPS Texans ) ) ) ) ) ) ) )

But he continues They 're forgetting we 're all Texans


( S ( NP-SBJ ( DT The ) ( NNP Lone ) ( NNP Star ) ) ( VP ( VBZ is ) ( PP-PRD ( IN on ) ( NP ( DT the ) ( NN rise ) ) ) ( ADVP-TMP ( RB again ) ) ) )

The Lone Star is on the rise again


( S ( SBAR-TMP ( IN As ) ( S ( NP-SBJ ( DT the ) ( NN music ) ) ( VP ( NNS swells ) ) ) ) ( NP-SBJ ( NNS viewers ) ) ( VP ( VBP discover ) ( SBAR ( S ( NP-SBJ ( PRP they ) ) ( VP ( VBP 're ) ( VP ( VBG watching ) ( NP ( NP ( DT a ) ( NN commercial ) ) ( PP ( IN for ) ( NP ( NP ( NNP Lone ) ( NNP Star ) ( NNP Beer ) ) ( NP ( NP ( DT the ) ( NN pride ) ) ( PP ( IN of ) ( NP ( NNP Texas ) ) ) ) ( NP ( NP ( DT a ) ( NN product ) ) ( PP ( IN of ) ( NP ( NP ( NNP G. ) ( NNP Heileman ) ( NNP Brewing ) ( NNP Co. ) ) ( NP ( NP ( DT a ) ( NAC-LOC ( NNP La ) ( NNP Crosse ) ( NNP Wis. ) ) ( NN unit ) ) ( PP ( IN of ) ( NP ( NNP Bond ) ( NNP Corp ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

As the music swells viewers discover they 're watching a commercial for Lone Star Beer the pride of Texas a product of G. Heileman Brewing Co. a La Crosse Wis. unit of Bond Corp


( S ( S ( SBAR-ADV ( IN As ) ( S ( NP-SBJ ( NP ( DT the ) ( NN ad ) ( POS 's ) ) ( NN tone ) ) ( VP ( VBZ implies ) ) ) ) ( NP-SBJ ( DT the ) ( NNP Texas ) ( NN spirit ) ) ( VP ( VBZ is ) ( ADJP-PRD ( RB pretty ) ( JJ xenophobic ) ) ( NP-TMP ( DT these ) ( NNS days ) ) ) ) ( CC and ) ( S ( NP-SBJ-2 ( NNP Lone ) ( NNP Star ) ) ( VP ( VBZ is ) ( RB n't ) ( ADVP-PRD ( RB alone ) ) ( PP ( IN in ) ( S-NOM ( VP ( VBG trying ) ( S ( VP ( TO to ) ( VP ( VB take ) ( NP ( NN advantage ) ) ( PP-CLR ( IN of ) ( NP ( DT that ) ) ) ) ) ) ) ) ) ) ) )

As the ad 's tone implies the Texas spirit is pretty xenophobic these days and Lone Star is n't alone in trying to take advantage of that


( S ( PP ( PP ( IN From ) ( NP ( NNP Chevy ) ( NNS trucks ) ) ) ( PP ( TO to ) ( NP ( NNP Lipton ) ( JJ iced ) ( NN tea ) ) ) ( PP ( TO to ) ( NP ( NP ( DT a ) ( NN host ) ) ( PP ( IN of ) ( NP ( VBG battling ) ( NNS banks ) ) ) ) ) ) ( NP-SBJ-1 ( DT the ) ( NN state ) ) ( VP ( VBZ has ) ( VP ( VBN been ) ( VP ( VBN inundated ) ( PP ( IN with ) ( NP ( NP ( NP ( NN broadcast ) ( NNS commercials ) ) ( CC and ) ( NP ( NN print ) ( NN advertising ) ( NNS campaigns ) ) ) ( VP ( VP ( VBG celebrating ) ( NP ( NNPS Texans ) ) ) ( CC and ) ( VP ( VBG castigating ) ( NP ( NNS outsiders ) ) ) ) ) ) ) ) ) )

From Chevy trucks to Lipton iced tea to a host of battling banks the state has been inundated with broadcast commercials and print advertising campaigns celebrating Texans and castigating outsiders


( S ( SBAR-ADV ( IN While ) ( S ( NP-SBJ ( NNS advertisers ) ) ( VP ( VBP have ) ( ADVP-TMP ( RB long ) ) ( VP ( VBN appealed ) ( PP-CLR ( TO to ) ( NP ( NP ( NNPS Texans ) ( POS ' ) ) ( NN state ) ( NN pride ) ( CC and ) ( NNS prejudices ) ) ) ) ) ) ) ( NP-SBJ-1 ( DT the ) ( JJS latest ) ( NN trend ) ) ( VP ( VBZ has ) ( VP ( VBN been ) ( VP ( VBN sparked ) ( PP ( IN in ) ( NP ( NN part ) ) ) ( PP ( IN by ) ( NP-LGS ( NP ( DT the ) ( NN state ) ( POS 's ) ) ( JJ recent ) ( JJ hard ) ( JJ economic ) ( NNS times ) ) ) ) ) ) )

While advertisers have long appealed to Texans ' state pride and prejudices the latest trend has been sparked in part by the state 's recent hard economic times


( S ( S ( NP-SBJ ( DT That ) ) ( VP ( VBZ has ) ( VP ( VBN taken ) ( NP ( NP ( DT some ) ) ( PP ( IN of ) ( NP ( DT the ) ( NN swagger ) ) ) ) ( PP-CLR ( IN out ) ( PP ( IN of ) ( NP ( NP ( NNS natives ) ) ( SBAR ( WHNP-1 ( WP who ) ) ( S ( VP ( VBP like ) ( S ( VP ( TO to ) ( VP ( VB brag ) ( SBAR ( IN that ) ( S ( NP-SBJ ( NNP Texas ) ) ( VP ( VBZ is ) ( NP-PRD ( NP ( DT the ) ( JJ only ) ( NN state ) ) ( SBAR ( WHNP-2 ( WDT that ) ) ( S ( VP ( VBD was ) ( ADVP-TMP ( RB once ) ) ( NP-PRD ( DT a ) ( NN nation ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ( CC but ) ( S ( NP-SBJ ( PRP it ) ) ( VP ( VBZ has ) ( VP ( VBN increased ) ( NP ( NP ( PRP$ their ) ( JJ legendary ) ( NN resentment ) ) ( PP ( IN of ) ( NP ( NNS outsiders ) ) ) ) ) ) ) )

That has taken some of the swagger out of natives who like to brag that Texas is the only state that was once a nation but it has increased their legendary resentment of outsiders


( S-3 ( PP-TMP ( IN In ) ( NP ( DT the ) ( NN past ) ) ) ( PRN ( SINV ( VP ( VBZ writes ) ) ( NP-SBJ ( NNP Houston ) ( NNP Chronicle ) ( NN columnist ) ( NNP Jim ) ( NNP Barlow ) ) ) ) ( S ( NP-SBJ-1 ( NNS outlanders ) ) ( VP ( VBD were ) ( VP ( VBN accepted ) ( PP-TMP ( RB only ) ( IN after ) ( S-NOM ( VP ( VBG passing ) ( NP ( NP ( DT a ) ( NN series ) ) ( PP ( IN of ) ( NP ( NP ( NNS tests ) ) ( SBAR ( S ( VP ( TO to ) ( VP ( VB prove ) ( SBAR ( S ( NP-SBJ ( PRP they ) ) ( VP ( VBD had ) ( NP ( DT the ) ( JJ right ) ( NNP Texas ) ( NNS attitudes ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ( CC and ) ( S ( PP ( IN of ) ( NP ( NN course ) ) ) ( NP-SBJ-5 ( PRP they ) ) ( VP ( VBD had ) ( S ( VP ( TO to ) ( VP ( VB be ) ( VP ( VBN dipped ) ( PP-PRP ( IN for ) ( NP ( NNS parasites ) ) ) ) ) ) ) ) ) )

In the past writes Houston Chronicle columnist Jim Barlow outlanders were accepted only after passing a series of tests to prove they had the right Texas attitudes and of course they had to be dipped for parasites


( S ( NP-SBJ ( EX There ) ) ( VP ( VBZ is ) ( NP-PRD ( DT no ) ( JJ small ) ( NN irony ) ) ( PP-LOC ( IN in ) ( NP ( DT the ) ( NN fact ) ( SBAR ( IN that ) ( S ( NP-SBJ ( NP ( DT some ) ) ( PP ( IN of ) ( NP ( DT the ) ( JJ most-jingoistic ) ( NN advertising ) ) ) ) ( VP ( VBZ comes ) ( NP-ADV ( NP ( NN courtesy ) ) ( PP ( IN of ) ( PRN ( S ( NP-SBJ ( PRP you ) ) ( VP ( VBD guessed ) ( NP ( PRP it ) ) ) ) ) ( NP ( NNS outsiders ) ) ) ) ) ) ) ) ) ) )

There is no small irony in the fact that some of the most-jingoistic advertising comes courtesy of you guessed it outsiders


( S ( NP-SBJ ( NP ( NNP Lone ) ( NNP Star ) ( POS 's ) ) ( NNP Bond ) ( NNP Corp. ) ( NN parent ) ) ( PP ( IN for ) ( NP ( NN instance ) ) ) ( VP ( VBZ hails ) ( PP-DIR ( IN from ) ( NP ( NP ( NNP Perth ) ) ( NP ( NNP Australia ) ) ) ) ) )

Lone Star 's Bond Corp. parent for instance hails from Perth Australia


( S ( NP-SBJ ( NP ( NNPS North ) ( NNPS Carolinians ) ) ( NP ( NNPS New ) ( NNPS Yorkers ) ) ( NP ( NNPS Californians ) ) ( NP ( NNPS Chicagoans ) ) ( CC and ) ( NP ( NNPS Ohioans ) ) ) ( VP ( VBP own ) ( NP ( NNP Texas ) ( NNS banks ) ) ) )

North Carolinians New Yorkers Californians Chicagoans and Ohioans own Texas banks


( S ( NP-SBJ-1 ( NP ( DT All ) ( NNS kinds ) ) ( PP ( IN of ) ( NP ( NN landmark ) ( NNP Texas ) ( JJ real ) ( NN estate ) ) ) ) ( VP ( VBZ has ) ( VP ( VBN been ) ( VP ( VBN snapped ) ( PRT ( RP up ) ) ( PP ( IN by ) ( NP-LGS ( NNS out-of-staters ) ) ) ) ) ) )

All kinds of landmark Texas real estate has been snapped up by out-of-staters


( S ( NP-SBJ-1 ( RB Even ) ( DT the ) ( JJ beloved ) ( NNP Dallas ) ( NNPS Cowboys ) ) ( VP ( VBD were ) ( VP ( VBN bought ) ( PP ( IN by ) ( NP-LGS ( DT an ) ( NNP Arkansas ) ( NN oil ) ( NN man ) ) ) ) ) )

Even the beloved Dallas Cowboys were bought by an Arkansas oil man


( SINV ( S-TPC-1 ( NP-SBJ ( NNP Texas ) ) ( VP ( VBZ has ) ( VP ( VBN lost ) ( NP ( PRP$ its ) ( NN distinctiveness ) ) ( S-ADV ( VP ( VBG leaving ) ( NP ( NNPS Texans ) ) ( PP-CLR ( IN with ) ( NP ( DT a ) ( NN hunger ) ( S ( VP ( TO to ) ( VP ( VB feel ) ( ADJP-PRD ( JJ proud ) ( PP ( IN about ) ( NP ( PRP themselves ) ) ) ) ) ) ) ) ) ) ) ) ) ) ( VP ( VBZ says ) ) ( NP-SBJ ( NP ( NNP Stephen ) ( NNP Klineberg ) ) ( NP ( NP ( DT a ) ( NN sociology ) ( NN professor ) ) ( PP-LOC ( IN at ) ( NP ( NP ( NNP Rice ) ( NNP University ) ) ( NP-LOC ( NNP Houston ) ) ) ) ) ) )

Texas has lost its distinctiveness leaving Texans with a hunger to feel proud about themselves says Stephen Klineberg a sociology professor at Rice University Houston


( S ( NP-SBJ ( DT This ) ) ( VP ( VBZ plays ) ( PP-CLR ( RB right ) ( IN into ) ( NP ( NP ( DT the ) ( NNS hands ) ) ( PP ( IN of ) ( NP ( DT the ) ( NN advertising ) ( NNS agencies ) ) ) ) ) ) )

This plays right into the hands of the advertising agencies


( S ( PP ( IN For ) ( NP ( NN example ) ) ) ( NP-SBJ ( NP ( DT the ) ( NN iced-tea ) ( NN radio ) ( NN campaign ) ) ( PP ( IN for ) ( NP ( NP ( NNP Thomas ) ( NNP J. ) ( NNP Lipton ) ( NNP Co. ) ) ( NP ( NP ( DT an ) ( NAC-LOC ( NNP Englewood ) ( NNPS Cliffs ) ( NNP N.J. ) ) ( NN unit ) ) ( PP ( IN of ) ( NP ( NNP Anglo-Dutch ) ( NNP Unilever ) ( NNP Group ) ) ) ) ) ) ) ( VP ( ADVP-MNR ( RB emphatically ) ) ( VBZ proclaims ) ( S ( NP-SBJ ( JJ Real ) ( NNPS Texans ) ) ( VP ( VBP do ) ( RB not ) ( VP ( VB wear ) ( NP ( NNS dock-siders ) ) ( ADVP-TMP ( RB ever ) ) ) ) ) ) )

For example the iced-tea radio campaign for Thomas J. Lipton Co. an Englewood Cliffs N.J. unit of Anglo-Dutch Unilever Group emphatically proclaims Real Texans do not wear dock-siders ever


( S ( S ( NP-SBJ ( JJ Real ) ( NNPS Texans ) ) ( VP ( VBP do ) ( RB n't ) ( VP ( VB play ) ( NP ( NN paddleball ) ) ) ) ) ( S ( ADVP ( IN at ) ( JJS least ) ) ( NP-SBJ ( PRP I ) ) ( VP ( VBP hope ) ( RB not ) ) ) )

Real Texans do n't play paddleball at least I hope not


( S ( NP-SBJ ( DT This ) ) ( VP ( VBZ is ) ( NP-PRD ( NN football ) ( NN country ) ) ) )

This is football country


( S ( CC And ) ( NP-ADV ( DT another ) ( NN thing ) ) ( S ( NP-SBJ ( JJ real ) ( NNPS Texans ) ) ( VP ( VBP drink ) ( NP ( NNP Lipton ) ( JJ iced ) ( NN tea ) ) ) ) )

And another thing real Texans drink Lipton iced tea


( S ( PP ( IN In ) ( S-NOM ( VP ( VBG developing ) ( NP ( DT that ) ( NN theme ) ) ( PP-LOC ( IN at ) ( NP ( NP ( NP ( NNP Interpublic ) ( NNP Group ) ) ( PP ( IN of ) ( NP ( NNP Cos ) ( NNP Lintas ) ) ) ) ( NP ( NNP New ) ( NNP York ) ( NN unit ) ) ) ) ) ) ) ( NP-SBJ-1 ( NN account ) ( NN supervisor ) ( NNP Lisa ) ( NNP Buksbaum ) ) ( VP ( VBZ says ) ( SBAR ( S ( NP-SBJ ( PRP she ) ) ( VP ( VP ( VBD made ) ( NP ( NP ( DT a ) ( NN couple ) ) ( PP ( IN of ) ( NP ( NP ( NN phone ) ( NNS calls ) ) ( PP ( TO to ) ( NP ( NNP Dallas ) ( NN ad ) ( NNS friends ) ) ) ) ) ) ) ( CC and ) ( VP ( VBD reported ) ( NP ( PRP her ) ( NNS findings ) ) ( PP-CLR ( TO to ) ( NP ( NP ( DT a ) ( NN team ) ) ( PP ( IN of ) ( NP ( NNS writers ) ) ) ) ) ) ) ) ) ) )

In developing that theme at Interpublic Group of Cos Lintas New York unit account supervisor Lisa Buksbaum says she made a couple of phone calls to Dallas ad friends and reported her findings to a team of writers


Her findings


( FRAG-1 ( S-ADV ( NP-SBJ ( PRP You ) ) ( VP ( VBP know ) ) ) ( PRN ( S ( NP-SBJ ( PRP she ) ) ( VP ( VBZ says ) ) ) ) ( NP ( NP ( JJ stereotypical ) ( NN stuff ) ) ( PP ( IN like ) ( NP ( NNS armadillos ) ( NNS cowboys ) ( CC and ) ( NN football ) ) ) ) )

You know she says stereotypical stuff like armadillos cowboys and football


( FRAG ( NP ( RB Not ) ( RB exactly ) ( JJ sophisticated ) ( NN market ) ( NN research ) ) ( CC but ) ( SBAR ( WHNP-1 ( WP who ) ) ( S ( VP ( VBZ cares ) ( ADVP-TMP ( ADVP ( RB as ) ( JJ long ) ) ( SBAR ( IN as ) ( S ( NP-SBJ ( DT the ) ( NNS campaigns ) ) ( VP ( VBP work ) ) ) ) ) ) ) ) )

Not exactly sophisticated market research but who cares as long as the campaigns work


( S ( CC And ) ( NP-SBJ ( NN ad ) ( NNS agencies ) ) ( VP ( VBP insist ) ( SBAR ( IN that ) ( S ( NP-SBJ ( PRP they ) ) ( VP ( VBP do ) ) ) ) ) )

And ad agencies insist that they do


( S ( NP-SBJ ( NP ( NNP Stan ) ( NNP Richards ) ) ( PP ( IN of ) ( NP ( NP ( NNP Richards ) ( NNP Group ) ( NNP Inc. ) ) ( NP-LOC ( NNP Dallas ) ) ) ) ) ( VP ( VBZ tells ) ( PP-CLR ( IN of ) ( NP ( NP ( DT the ) ( NNP Texan ) ) ( SBAR ( WHNP-1 ( WP who ) ) ( S ( VP ( VP ( VBD saw ) ( NP ( NP ( NP ( DT the ) ( NN agency ) ( POS 's ) ) ( JJ tear-jerking ) ( NN commercial ) ) ( PP ( IN for ) ( NP ( NNP First ) ( NNP Gibraltar ) ( NNP Bank ) ( NNP F.S.B. ) ) ) ( ADJP ( JJ complete ) ( PP ( IN with ) ( NP ( NP ( DT the ) ( NN state ) ( POS 's ) ) ( NN anthem ) ) ) ) ) ) ( CC and ) ( VP ( ADVP-MNR ( RB promptly ) ) ( VBD invested ) ( NP ( CD 100,000 ) ) ( PP-LOC ( IN in ) ( NP ( NP ( DT the ) ( NN thrift ) ( POS 's ) ) ( NNS CDs ) ) ) ) ) ) ) ) ) ) )

Stan Richards of Richards Group Inc. Dallas tells of the Texan who saw the agency 's tear-jerking commercial for First Gibraltar Bank F.S.B. complete with the state 's anthem and promptly invested 100,000 in the thrift 's CDs


( S ( ADVP-TMP ( RB Never ) ) ( VP ( VB mind ) ( SBAR ( IN that ) ( S ( NP-SBJ ( NNP First ) ( NNP Gibraltar ) ) ( VP ( VBZ is ) ( NP-PRD ( NP ( CD one ) ) ( PP ( IN of ) ( NP ( NP ( DT the ) ( VBN failed ) ( NNP Texas ) ( NNS thrifts ) ) ( VP ( VBN taken ) ( PRT ( RP over ) ) ( PP ( IN by ) ( NP-LGS ( NP ( NNS outsiders ) ) ( PP-LOC ( IN in ) ( NP ( DT this ) ( NN case ) ) ) ( NP ( NP ( DT an ) ( NN investor ) ( NN group ) ) ( VP ( VBN headed ) ( PP ( IN by ) ( NP-LGS ( NNP New ) ( NNP York ) ( NN financier ) ( NNP Ronald ) ( NNP Perelman ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

Never mind that First Gibraltar is one of the failed Texas thrifts taken over by outsiders in this case an investor group headed by New York financier Ronald Perelman


( S ( NP-SBJ ( DT The ) ( NNP North ) ( NNP Texas ) ( NNP Chevy ) ( NNPS Dealers ) ) ( ADVP-TMP ( RB recently ) ) ( VP ( VBD had ) ( NP ( DT a ) ( NN record ) ( NNS sales ) ( NN month ) ) ( PP-TMP ( IN after ) ( NP ( NP ( DT the ) ( NN debut ) ) ( PP ( IN of ) ( NP ( NP ( NN ad ) ( NN campaign ) ) ( SBAR ( WHNP-1 ( WDT that ) ) ( S ( VP ( VBZ thumbs ) ( NP ( PRP$ its ) ( NN nose ) ) ( PP-CLR ( IN at ) ( NP ( NN elite ) ( NNS Easterners ) ) ) ) ) ) ) ) ) ) ) )

The North Texas Chevy Dealers recently had a record sales month after the debut of ad campaign that thumbs its nose at elite Easterners


( S ( CC And ) ( NP-SBJ ( NP ( VBZ deposits ) ) ( PP-LOC ( IN at ) ( NP ( NP ( NNP NCNB ) ( NNP Texas ) ( NNP National ) ( NNP Bank ) ) ( NP ( NP ( DT a ) ( NN unit ) ) ( PP ( IN of ) ( NP ( NP ( NNP NCNB ) ( NNP Corp. ) ) ( NP-LOC ( NP ( NNP Charlotte ) ) ( NP ( NNP N.C. ) ) ) ) ) ) ) ) ) ( VP ( VBP have ) ( VP ( VBN increased ) ( NP-EXT ( QP ( CD 2 ) ( CD billion ) ) ) ( PP-TMP ( IN since ) ( NP ( JJ last ) ( NN year ) ) ) ( PP-TMP ( IN after ) ( NP ( NP ( JJ heavy ) ( NN advertising ) ) ( VP ( VBG stressing ) ( NP ( NP ( NN commitment ) ) ( PP ( TO to ) ( NP ( NNP Texas ) ) ) ) ) ) ) ) ) )

And deposits at NCNB Texas National Bank a unit of NCNB Corp. Charlotte N.C. have increased 2 billion since last year after heavy advertising stressing commitment to Texas


( SINV ( S-2 ( ADVP ( RB Obviously ) ) ( NP-SBJ ( NN pride ) ) ( VP ( VBZ sells ) ( PP-LOC ( IN in ) ( NP ( NNP Texas ) ) ) ) ) ( VP ( VBZ says ) ) ( NP-SBJ ( NP ( DT a ) ( NN spokeswoman ) ) ( PP ( IN for ) ( NP ( NP ( NNP Bozell ) ( NNP Inc. ) ) ( NP-LOC ( NP ( NNP Omaha ) ) ( NP ( NNP Neb. ) ) ) ( SBAR ( WHNP-1 ( WDT which ) ) ( S ( VP ( VBZ represents ) ) ) ) ) ) ) )

Obviously pride sells in Texas says a spokeswoman for Bozell Inc. Omaha Neb. which represents


( S ( NP-SBJ ( DT The ) ( NN ad ) ( NNS campaigns ) ) ( ADVP-TMP ( RB usually ) ) ( VP ( VBP follow ) ( NP ( NP ( CD one ) ) ( PP ( IN of ) ( NP ( NP ( CD three ) ( NNS tracks ) ) ( S-NOM ( VP ( VP ( VBG stressing ) ( NP ( NP ( DT the ) ( NN company ) ( POS 's ) ) ( NN Texasness ) ) ) ( VP ( VBG pointing ) ( PRT ( RP out ) ) ( NP ( NP ( NP ( DT the ) ( NN competition ) ( POS 's ) ) ( NN lack ) ) ( ADVP ( RB thereof ) ) ) ) ( CC or ) ( VP ( VBG trying ) ( S ( VP ( TO to ) ( VP ( VB be ) ( ADJP-PRD ( ADJP ( RBR more ) ( JJ Texan ) ) ( PP ( IN than ) ( NP ( NNPS Texans ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

The ad campaigns usually follow one of three tracks stressing the company 's Texasness pointing out the competition 's lack thereof or trying to be more Texan than Texans


( SINV ( S-TPC-1 ( NP-SBJ ( NNP Ford ) ( NNS trucks ) ) ( VP ( MD may ) ( VP ( VB outsell ) ( NP ( NNP Chevy ) ( NNS trucks ) ) ( PP-LOC ( IN in ) ( NP ( NP ( NNS places ) ) ( PP ( IN like ) ( NP ( NP ( NNP Connecticut ) ) ( CC and ) ( NP ( NNP Long ) ( NNP Island ) ) ) ) ) ) ) ) ) ( VP ( VBZ sniffs ) ) ( NP-SBJ ( NP ( DT a ) ( NN commercial ) ) ( PP ( IN for ) ( NP ( NP ( NNP Chevrolet ) ) ( NP ( NP ( DT a ) ( NN division ) ) ( PP ( IN of ) ( NP ( NNP General ) ( NNPS Motors ) ( NNP Corp ) ) ) ) ) ) ) )

Ford trucks may outsell Chevy trucks in places like Connecticut and Long Island sniffs a commercial for Chevrolet a division of General Motors Corp


( S ( NP-SBJ ( NP ( DT The ) ( JJ commercial ) ) ( VP ( VBN created ) ( PP ( IN by ) ( NP-LGS ( NP ( NNP Bateman ) ( NNP Bryan ) ( CC & ) ( NNP Galles ) ( NNP Inc. ) ) ( PP ( IN of ) ( NP ( NNP Dallas ) ) ) ) ) ) ) ( VP ( VBZ adds ) ( ADVP-MNR ( RB derisively ) ) ( S ( NP-SBJ ( PRP I ) ) ( VP ( VBP bet ) ( SBAR ( S ( NP-SBJ ( NP ( PRP it ) ) ) ( VP ( VBZ takes ) ( NP ( DT a ) ( ADJP ( JJ real ) ( JJ tough ) ) ( NN truck ) ) ( S-1 ( VP ( TO to ) ( VP ( VB haul ) ( NP ( PRP$ your ) ( NNP Ivy ) ( NNP League ) ( NNS buddies ) ) ( PP-DIR ( TO to ) ( NP ( DT the ) ( NN yacht ) ( NN club ) ) ) ) ) ) ) ) ) ) ) ) )

The commercial created by Bateman Bryan & Galles Inc. of Dallas adds derisively I bet it takes a real tough truck to haul your Ivy League buddies to the yacht club


( S-2 ( SBAR-PRP ( IN Because ) ( S ( NP-SBJ ( PRP they ) ) ( VP ( VBP want ) ( NP ( NP ( DT a ) ( NN truck ) ) ( SBAR ( WHNP-1 ( WDT that ) ) ( S ( VP ( VBZ is ) ( ADJP-PRD ( NNP Texas ) ( JJ tough ) ) ) ) ) ) ) ) ) ( PRN ( S ( NP-SBJ ( DT the ) ( NN commercial ) ) ( VP ( VBZ concludes ) ) ) ) ( NP-SBJ ( NNPS Texans ) ) ( VP ( VBP drive ) ( NP ( NNP Chevy ) ) ) )

Because they want a truck that is Texas tough the commercial concludes Texans drive Chevy


( S ( S ( NP-SBJ ( NP ( NNP J.C. ) ( NNP Penney ) ( NNP Co. ) ) ( SBAR ( WHNP-1 ( WDT which ) ) ( S ( VP ( VBD relocated ) ( PP-DIR ( IN from ) ( NP ( NNP New ) ( NNP York ) ) ) ( PP-DIR ( TO to ) ( NP ( JJ suburban ) ( NNP Dallas ) ) ) ( ADVP-TMP ( NP ( CD two ) ( NNS years ) ) ( IN ago ) ) ) ) ) ) ( VP ( ADVP-MNR ( RB gently ) ) ( VBZ wraps ) ( NP ( PRP itself ) ) ( PP-CLR ( IN in ) ( NP ( NNP Texas ) ( NN pride ) ) ) ( PP ( IN through ) ( NP ( DT a ) ( JJ full-page ) ( NN magazine ) ( NN ad ) ) ) ) ) ( S ( S-TPC-3 ( S-NOM-SBJ ( VP ( VBG Taking ) ( NP ( DT the ) ( JJ long-range ) ( NN view ) ) ( S-PRP ( VP ( TO to ) ( VP ( VB conserve ) ( SBAR-NOM ( WHNP-2 ( WP what ) ) ( S ( VP ( VBZ is ) ( PP-PRD ( IN of ) ( NP ( NN value ) ) ) ( PP ( TO to ) ( NP ( NN future ) ( NNS generations ) ) ) ) ) ) ) ) ) ) ) ( VP ( VBZ is ) ( NP-PRD ( NP ( NN part ) ) ( PP ( IN of ) ( NP ( DT the ) ( NNP Lone ) ( NNP Star ) ( NN lifestyle ) ) ) ) ) ) ( NP-SBJ ( DT the ) ( NN ad ) ) ( VP ( VBZ reads ) ) ) )

J.C. Penney Co. which relocated from New York to suburban Dallas two years ago gently wraps itself in Texas pride through a full-page magazine ad Taking the long-range view to conserve what is of value to future generations is part of the Lone Star lifestyle the ad reads


( S ( NP-SBJ ( PRP It ) ) ( VP ( VBZ 's ) ( NP-PRD ( NP ( NN part ) ) ( PP ( IN of ) ( NP ( PRP$ our ) ( NN style ) ) ) ) ( ADVP ( RB too ) ) ) )

It 's part of our style too


( S ( PP ( VBG According ) ( PP ( TO to ) ( NP ( JJ several ) ( NN ad-agency ) ( NNS sources ) ) ) ) ( NP-SBJ-1 ( NP ( NNS newcomers ) ) ( PP ( TO to ) ( NP ( DT the ) ( NNP Texas ) ( NN banking ) ( NN market ) ) ) ) ( VP ( VBP are ) ( VP ( VBG spending ) ( NP ( DT a ) ( VBN combined ) ( QP ( CD 50 ) ( CD million ) ) ) ( NP-TMP ( DT this ) ( NN year ) ) ( S-PRP ( VP ( TO to ) ( VP ( VB woo ) ( NP ( NNPS Texans ) ) ) ) ) ) ) )

According to several ad-agency sources newcomers to the Texas banking market are spending a combined 50 million this year to woo Texans


( S ( ADVP-TMP ( RB Meanwhile ) ) ( NP-SBJ ( VBG surviving ) ( NNP Texas ) ( NN banking ) ( NNS institutions ) ) ( VP ( VBP are ) ( VP ( ADVP-MNR ( RB busily ) ) ( VBG pitching ) ( NP ( PRP themselves ) ) ( PP-CLR ( IN as ) ( NP ( NP ( DT the ) ( JJ only ) ( NNS lenders ) ) ( SBAR ( WHNP-1 ( WP who ) ) ( S ( ADVP ( RB truly ) ) ( VP ( VBP care ) ( PP-CLR ( IN about ) ( NP ( DT the ) ( NN state ) ) ) ) ) ) ) ) ) ) )

Meanwhile surviving Texas banking institutions are busily pitching themselves as the only lenders who truly care about the state


( S ( NP-SBJ ( NP ( DT The ) ( JJ most-strident ) ( NN anti-outsider ) ( NN sentiment ) ) ( PP-LOC ( IN among ) ( NP ( NNS bankers ) ) ) ) ( VP ( VBZ comes ) ( PP-CLR ( IN from ) ( NP ( NP ( DT the ) ( NNP Independent ) ( NNPS Bankers ) ( NNP Association ) ) ( PP ( IN of ) ( NP ( NNP Texas ) ) ) ) ) ( SBAR-ADV ( IN although ) ( S ( NP-SBJ ( NP ( PRP it ) ) ) ( VP ( VBZ 's ) ( ADJP-PRD ( JJ hard ) ) ( S-1 ( VP ( TO to ) ( VP ( VB tell ) ( PP ( IN from ) ( NP ( NP ( NNS previews ) ) ( PP ( IN of ) ( NP ( DT the ) ( ADJP ( QP ( CD 5 ) ( CD million ) ) ) ( NAC-TTL ( NP ( DT The ) ( PRP I ) ( VBZ 's ) ) ( PP ( IN of ) ( NP ( NNP Texas ) ) ) ) ( NN TV ) ( NN campaign ) ) ) ) ) ) ) ) ) ) ) ) )

The most-strident anti-outsider sentiment among bankers comes from the Independent Bankers Association of Texas although it 's hard to tell from previews of the 5 million The I 's of Texas TV campaign


( S ( NP-SBJ ( NNS Commercials ) ) ( VP ( MD will ) ( VP ( VB highlight ) ( NP ( NP ( NP ( JJ heart-rending ) ( NNS scenes ) ) ( PP ( IN of ) ( NP ( NNP Texas ) ) ) ) ( CC and ) ( NP ( JJ chest-swelling ) ( JJ ain't-it-great-to-be-a-Texan ) ( NN music ) ) ) ) ) )

Commercials will highlight heart-rending scenes of Texas and chest-swelling ain't-it-great-to-be-a-Texan music


( S ( NP-SBJ ( VBG Supporting ) ( NNS banks ) ) ( VP ( MD will ) ( VP ( VB sign ) ( NP ( NP ( DT a ) ( NNP Texas ) ( NNP Declaration ) ) ( PP ( IN of ) ( NP ( NNPS Independents ) ) ) ) ) ) )

Supporting banks will sign a Texas Declaration of Independents


( S ( CC But ) ( PP-LOC ( IN in ) ( NP ( NP ( JJ introductory ) ( NN material ) ) ( PP ( IN for ) ( NP ( DT the ) ( NN campaign ) ) ) ) ) ( NP-SBJ ( DT the ) ( NN trade ) ( NN group ) ) ( VP ( VBZ urges ) ( NP-1 ( NNS members ) ) ( S ( VP ( TO to ) ( VP ( VB arm ) ( PP-PRP ( IN for ) ( NP ( NP ( DT a ) ( NN revolution ) ) ( PP ( IN against ) ( NP ( JJ big ) ( JJ out-of-state ) ( JJ bank-holding ) ( NNS companies ) ) ) ) ) ) ) ) ) )

But in introductory material for the campaign the trade group urges members to arm for a revolution against big out-of-state bank-holding companies


( S ( NP-SBJ ( NP ( DT A ) ( NN video ) ) ( VP ( VBN sent ) ( PP-DTV ( TO to ) ( NP ( NN association ) ( NNS members ) ) ) ) ( VP ( VBG featuring ) ( NP ( NP ( NNS shots ) ) ( PP ( IN of ) ( NP ( NP ( DT the ) ( NNP Alamo ) ) ( NP ( NNS cowboys ) ) ( NP ( NNS fajitas ) ) ( CC and ) ( NP ( NP ( DT a ) ( NN statue ) ) ( PP ( IN of ) ( NP ( NNP Sam ) ( NNP Houston ) ) ) ) ) ) ) ) ) ( VP ( VBZ does ) ( RB n't ) ( VP ( VB mince ) ( NP ( NNS words ) ) ) ) )

A video sent to association members featuring shots of the Alamo cowboys fajitas and a statue of Sam Houston does n't mince words


( S ( S-TPC-1 ( NP-SBJ ( NNPS Texans ) ) ( VP ( MD can ) ( VP ( VB sniff ) ( NP ( DT a ) ( NN phony ) ) ( ADVP-LOC ( NP ( DT a ) ( NN mile ) ) ( RB away ) ) ) ) ) ( NP-SBJ ( DT the ) ( NN narrator ) ) ( VP ( VBZ warns ) ( NP ( NNS outsiders ) ) ) )

Texans can sniff a phony a mile away the narrator warns outsiders


( S ( RB So ) ( VP ( VB do ) ( RB n't ) ( VP ( VP ( VB come ) ) ( CC and ) ( VP ( VB try ) ( S ( VP ( TO to ) ( VP ( VB con ) ( NP ( PRP us ) ) ( PP ( IN with ) ( NP ( NP ( FRAG ( DT a ) ( INTJ ( UH howdy ) ) ( NP ( PRP y'all ) ) ) ) ( CC or ) ( NP ( DT a ) ( NN cowboy ) ( NN hat ) ) ) ) ) ) ) ) ) ) )

So do n't come and try to con us with a howdy y'all or a cowboy hat


( NP ( NP ( NNP Young ) ( CC & ) ( NNP Rubicam ) ( POS 's ) ) ( NNP Pact ) )

Young & Rubicam 's Pact


( S ( NP-SBJ-1 ( NNP Young ) ( CC & ) ( NNP Rubicam ) ) ( S-ADV ( VP ( VBG fighting ) ( NP ( NNS charges ) ( SBAR ( IN that ) ( S ( NP-SBJ-2 ( PRP it ) ) ( VP ( VBD bribed ) ( NP ( JJ Jamaican ) ( NNS officials ) ) ( S-PRP ( VP ( TO to ) ( VP ( VB win ) ( NP ( DT the ) ( NNP Jamaica ) ( NNP Tourist ) ( NNP Board ) ( NN ad ) ( NN account ) ) ) ) ) ( PP-TMP ( IN in ) ( NP ( CD 1981 ) ) ) ) ) ) ) ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( PRP it ) ) ( VP ( MD will ) ( ADVP-TMP ( RB no ) ( RB longer ) ) ( VP ( VB create ) ( NP ( NP ( DT the ) ( NN tourist ) ( NN board ) ( POS 's ) ) ( NN advertising ) ) ) ) ) ) ) )

Young & Rubicam fighting charges that it bribed Jamaican officials to win the Jamaica Tourist Board ad account in 1981 said it will no longer create the tourist board 's advertising


( S ( PP-LOC ( IN In ) ( NP ( DT a ) ( NN statement ) ) ) ( NP-SBJ ( NP ( NNP Alex ) ( NNP Kroll ) ) ( NP ( NP ( NNP Young ) ( CC & ) ( NNP Rubicam ) ( POS 's ) ) ( NN chairman ) ) ) ( VP ( VBD said ) ( S ( PP-LOC ( IN under ) ( NP ( DT the ) ( JJ present ) ( NNS circumstances ) ) ) ( NP-SBJ ( PRP we ) ) ( VP ( VBP have ) ( VP ( VBN agreed ) ( SBAR ( IN that ) ( S ( NP-SBJ ( NP ( PRP it ) ) ) ( VP ( VBZ is ) ( ADJP-PRD ( JJ prudent ) ) ( S-1 ( VP ( TO to ) ( VP ( VB discontinue ) ( NP ( DT that ) ( NN contract ) ) ) ) ) ) ) ) ) ) ) ) )

In a statement Alex Kroll Young & Rubicam 's chairman said under the present circumstances we have agreed that it is prudent to discontinue that contract


( S ( NP-SBJ ( NNP Young ) ( CC & ) ( NNP Rubicam ) ) ( VP ( VBZ has ) ( VP ( VBN pleaded ) ( ADJP-PRD ( JJ innocent ) ( PP ( TO to ) ( NP ( DT the ) ( NNS charges ) ) ) ) ) ) )

Young & Rubicam has pleaded innocent to the charges


( S ( NP-SBJ ( DT The ) ( NN board ) ) ( VP ( MD would ) ( RB n't ) ( VP ( VB comment ) ( PP-CLR ( IN on ) ( NP ( NP ( PRP$ its ) ( JJ impending ) ( NN search ) ) ( PP ( IN for ) ( NP ( NP ( DT a ) ( JJ new ) ( NN ad ) ( NN agency ) ) ( SBAR ( S ( VP ( TO to ) ( VP ( VB handle ) ( NP ( PRP$ its ) ( ADJP ( QP ( VBN estimated ) ( CD 5 ) ( CD million ) ( TO to ) ( CD 6 ) ( CD million ) ) ) ( NN account ) ) ) ) ) ) ) ) ) ) ) ) )

The board would n't comment on its impending search for a new ad agency to handle its estimated 5 million to 6 million account


Ad Notes


NEW ACCOUNT


( S ( NP-SBJ ( NP ( NNP Sunshine ) ( NNPS Biscuits ) ( NNP Inc. ) ) ( NP-LOC ( NP ( NNP Woodbridge ) ) ( NP ( NNP N.J. ) ) ) ) ( VP ( VBD awarded ) ( NP ( PRP$ its ) ( ADJP ( VBN estimated ) ( CD 5 ) ( CD million ) ) ( NN account ) ) ( PP-DTV ( TO to ) ( NP ( NP ( NNP Waring ) ( CC & ) ( NNP LaRosa ) ) ( NP-LOC ( NNP New ) ( NNP York ) ) ) ) ) )

Sunshine Biscuits Inc. Woodbridge N.J. awarded its estimated 5 million account to Waring & LaRosa New York


( S ( NP-SBJ ( DT The ) ( NN account ) ) ( VP ( VBD had ) ( VP ( VBN been ) ( PP-LOC-PRD ( IN at ) ( NP ( NP ( NNP Della ) ( NNP Femina ) ( NNP McNamee ) ( NNP WCRS ) ) ( NP-LOC ( NNP New ) ( NNP York ) ) ) ) ) ) )

The account had been at Della Femina McNamee WCRS New York


MEDIA POLICY


( S ( NP-SBJ ( NP ( NNP MacNamara ) ( NNP Clapp ) ( CC & ) ( NNP Klein ) ) ( NP ( DT a ) ( JJ small ) ( NNP New ) ( NNP York ) ( NN shop ) ) ) ( VP ( VBZ is ) ( VP ( VBG asking ) ( NP-2 ( NN magazine ) ( NN ad ) ( NNS representatives ) ) ( S ( VP ( TO to ) ( VP ( VB tell ) ( NP ( PRP it ) ) ( SBAR-TMP ( WHADVP-1 ( WRB when ) ) ( S ( NP-SBJ ( JJ major ) ( NN advertising ) ( NNS inserts ) ) ( VP ( MD will ) ( VP ( VB run ) ( PP-LOC ( IN in ) ( NP ( PRP$ their ) ( NNS publications ) ) ) ) ) ) ) ) ) ) ) ) )

MacNamara Clapp & Klein a small New York shop is asking magazine ad representatives to tell it when major advertising inserts will run in their publications


( S ( NP-SBJ ( PRP It ) ) ( VP ( VBZ says ) ( SBAR ( S ( NP-SBJ ( PRP it ) ) ( VP ( MD may ) ( VP ( VB pull ) ( NP ( NP ( PRP$ its ) ( NNS clients ) ( POS ' ) ) ( NNS ads ) ) ( PP-DIR ( IN from ) ( NP ( DT those ) ( NNS magazines ) ) ) ) ) ) ) ) )

It says it may pull its clients ' ads from those magazines


COKE ADS


( S ( NP-SBJ ( NNP Coca-Cola ) ( NNP Co. ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( PRP it ) ) ( VP ( VBD produced ) ( NP ( NP ( DT a ) ( JJ new ) ( NN version ) ) ( PP ( IN of ) ( NP ( PRP$ its ) ( CD 1971 ) ( S-TTL ( NP-SBJ-1 ( PRP I ) ) ( VP ( MD 'd ) ( VP ( VB like ) ( S ( VP ( TO to ) ( VP ( VB teach ) ( NP-2 ( DT the ) ( NN world ) ) ( S ( VP ( TO to ) ( VP ( VB sing ) ) ) ) ) ) ) ) ) ) ( NN commercial ) ) ) ) ) ) ) ) )

Coca-Cola Co. said it produced a new version of its 1971 I 'd like to teach the world to sing commercial


( S ( NP-SBJ ( DT The ) ( NN ad ) ) ( VP ( VBZ is ) ( NP-PRD ( NP ( NN part ) ) ( PP ( IN of ) ( NP ( NP ( NP ( NNP Classic ) ( NNP Coke ) ( POS 's ) ) ( CD 1990 ) ( NN ad ) ( NN campaign ) ) ( PP ( IN with ) ( NP ( NP ( DT the ) ( NN tag ) ( NN line ) ) ( S-TTL ( VP ( MD Ca ) ( RB n't ) ( VP ( VB beat ) ( NP ( DT the ) ( NNP Real ) ( NNP Thing ) ) ) ) ) ) ) ) ) ) ) )

The ad is part of Classic Coke 's 1990 ad campaign with the tag line Ca n't beat the Real Thing


( S ( NP-SBJ-1 ( NP ( NN Basketball ) ( NN star ) ( NNP Michael ) ( NNP Jordan ) ) ( CC and ) ( NP ( NN singer ) ( NNP Randy ) ( NNP Travis ) ) ) ( VP ( VBP have ) ( ADVP ( RB also ) ) ( VP ( VBN agreed ) ( S ( VP ( TO to ) ( VP ( VB appear ) ( PP-LOC ( IN in ) ( NP ( NNS ads ) ) ) ) ) ) ) ) )

Basketball star Michael Jordan and singer Randy Travis have also agreed to appear in ads


( S ( NP-SBJ ( NP ( NP ( NNP Ford ) ( NNP Motor ) ( NNP Co. ) ( POS 's ) ) ( NNP Merkur ) ) ( NP ( NP ( NP ( DT the ) ( NN company ) ( POS 's ) ) ( JJ first ) ( JJ new ) ( NN car ) ( NN franchise ) ) ( PP-LOC ( IN in ) ( NP ( DT the ) ( NNP U.S. ) ) ) ( SBAR-TMP ( IN since ) ( S ( NP-SBJ-1 ( DT the ) ( NNP Edsel ) ) ( VP ( VBD was ) ( VP ( VBN unveiled ) ( PP-TMP ( IN in ) ( NP ( CD 1957 ) ) ) ) ) ) ) ) ) ( ADVP-TMP ( RB now ) ) ( VP ( MD will ) ( VP ( VB share ) ( NP ( NP ( NNP Edsel ) ( POS 's ) ) ( NN fate ) ) ) ) )

Ford Motor Co. 's Merkur the company 's first new car franchise in the U.S. since the Edsel was unveiled in 1957 now will share Edsel 's fate


( S ( NP-SBJ ( NNP Ford ) ) ( VP ( VBD said ) ( NP-TMP ( NN yesterday ) ) ( SBAR ( S ( NP-SBJ ( PRP it ) ) ( VP ( MD will ) ( VP ( VB halt ) ( NP ( NP ( NNS imports ) ) ( PP ( IN of ) ( NP ( NP ( DT the ) ( NNP Merkur ) ( NNP Scorpio ) ) ( NP ( NP ( DT a ) ( ADJP ( CD 28,000 ) ) ( NN luxury ) ( NN sedan ) ) ( VP ( VBN built ) ( PP ( IN by ) ( NP-LGS ( NP ( NNP Ford ) ) ( PP ( IN of ) ( NP ( NNP Europe ) ) ) ) ) ( PP-LOC ( IN in ) ( NP ( NNP West ) ( NNP Germany ) ) ) ) ) ) ) ) ) ) ) ) ) )

Ford said yesterday it will halt imports of the Merkur Scorpio a 28,000 luxury sedan built by Ford of Europe in West Germany


( S ( NP-SBJ-1 ( DT The ) ( NNS cars ) ) ( VP ( VBP are ) ( VP ( VBN sold ) ( PP ( IN under ) ( NP ( NP ( DT a ) ( JJ separate ) ( NN franchise ) ) ( PP ( IN with ) ( NP ( NP ( PRP$ its ) ( JJ own ) ( NN sign ) ) ( PP-LOC ( IN in ) ( NP ( NP ( NN front ) ) ( PP ( IN of ) ( NP ( NNP Lincoln-Mercury ) ( NNS dealers ) ) ) ) ) ) ) ) ) ( SBAR-ADV ( IN as ) ( S ( VP ( VBN opposed ) ( PP-CLR ( TO to ) ( NP ( NP ( NP ( JJ new ) ( NNS models ) ) ( PP ( JJ such ) ( IN as ) ( NP ( NNP Taurus ) ( CC or ) ( NNP Escort ) ) ) ) ( SBAR ( WHNP-3 ( WDT which ) ) ( S ( VP ( VBP are ) ( VP ( VBN sold ) ( PP ( IN under ) ( NP ( VBG existing ) ( NNP Ford ) ( NNS divisions ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

The cars are sold under a separate franchise with its own sign in front of Lincoln-Mercury dealers as opposed to new models such as Taurus or Escort which are sold under existing Ford divisions


( S ( NP-SBJ ( NP ( DT The ) ( NN move ) ( S ( VP ( TO to ) ( VP ( VB halt ) ( NP ( NNS imports ) ) ) ) ) ) ( PRN ( VP ( VBD announced ) ( SBAR-TMP ( NP ( NP ( NP ( CD 29 ) ( NNS years ) ) ( CC and ) ( NP ( CD 11 ) ( NNS months ) ) ) ( PP ( TO to ) ( NP ( DT the ) ( NN day ) ) ) ) ( IN after ) ( S ( NP-SBJ ( NNP Henry ) ( NNP Ford ) ( NNP II ) ) ( VP ( VBD declared ) ( SBAR ( IN that ) ( S ( NP-SBJ-1 ( NP ( DT the ) ( NNP Edsel ) ( NN division ) ) ( CC and ) ( NP ( PRP$ its ) ( JJ gawky ) ( NN car ) ) ) ( VP ( MD would ) ( VP ( VB be ) ( VP ( VBN scrapped ) ) ) ) ) ) ) ) ) ) ) ) ( VP ( VBZ kills ) ( NP ( DT the ) ( JJ four-year-old ) ( NNP Merkur ) ( NN brand ) ) ( PP-LOC ( IN in ) ( NP ( DT the ) ( NNP U.S. ) ( NN market ) ) ) ) )

The move to halt imports announced 29 years and 11 months to the day after Henry Ford II declared that the Edsel division and its gawky car would be scrapped kills the four-year-old Merkur brand in the U.S. market


( S ( NP-SBJ-2 ( PRP It ) ) ( VP ( MD will ) ( VP ( VB continue ) ( S ( VP ( TO to ) ( VP ( VB be ) ( VP ( VBN sold ) ( PP-LOC ( IN in ) ( NP ( DT the ) ( JJ European ) ( NN market ) ) ) ) ) ) ) ) ) )

It will continue to be sold in the European market


( S ( NP-SBJ ( NP ( NNP Merkur ) ( POS 's ) ) ( NN death ) ) ( VP ( VBZ is ) ( RB n't ) ( ADJP-PRD ( ADJP ( RB nearly ) ( RB as ) ( JJ costly ) ) ( PP ( TO to ) ( NP ( NNP Ford ) ) ) ( SBAR ( IN as ) ( SINV ( VP ( VBD was ) ) ( NP-SBJ ( DT the ) ( NNP Edsel ) ( NN debacle ) ) ) ) ) ( SBAR-PRP ( IN because ) ( S ( NP-SBJ ( NNP Merkur ) ) ( VP ( VBD was ) ( NP-PRD ( NP ( DT a ) ( ADJP ( RB relatively ) ( JJ low-budget ) ) ( NN project ) ) ( PP ( IN with ) ( NP ( VBN limited ) ( NNS sales ) ( NNS goals ) ) ) ) ) ) ) ) )

Merkur 's death is n't nearly as costly to Ford as was the Edsel debacle because Merkur was a relatively low-budget project with limited sales goals


( S ( ADVP ( RB Still ) ) ( NP-SBJ ( NP ( NNP Merkur ) ( POS 's ) ) ( NN demise ) ) ( VP ( VBZ is ) ( NP-PRD ( DT a ) ( NN setback ) ) ( PP ( IN for ) ( NP ( NNP Ford ) ) ) ( PP-TMP ( IN at ) ( NP ( NP ( DT a ) ( NN time ) ) ( SBAR ( WHADVP-1 ( WRB when ) ) ( S ( NP-SBJ ( NP ( NP ( DT the ) ( NN company ) ( POS 's ) ) ( NN image ) ) ( PP ( IN as ) ( NP ( NP ( DT the ) ( NNP U.S. ) ( NN auto ) ( NN maker ) ) ( PP ( IN with ) ( NP ( DT the ) ( JJ golden ) ( NN touch ) ) ) ) ) ) ( VP ( VBZ is ) ( VP ( VBG showing ) ( NP ( NP ( NNS signs ) ) ( PP ( IN of ) ( NP ( NN strain ) ) ) ) ) ) ) ) ) ) ) )

Still Merkur 's demise is a setback for Ford at a time when the company 's image as the U.S. auto maker with the golden touch is showing signs of strain


( S ( S ( NP-SBJ ( NP ( DT The ) ( NN No. ) ( CD 2 ) ( NN auto ) ( NN maker ) ( POS 's ) ) ( JJ new ) ( NNP Thunderbird ) ( CC and ) ( NNP Mercury ) ( NNP Cougar ) ( NNS models ) ) ( VP ( VBP have ) ( RB n't ) ( VP ( VBN met ) ( NP ( NNS sales ) ( NNS expectations ) ) ( PP-TMP ( IN in ) ( NP ( NP ( DT the ) ( NN year ) ) ( SBAR-TMP ( IN since ) ( S ( NP-SBJ-1 ( PRP they ) ) ( VP ( VBD were ) ( VP ( VBN introduced ) ) ) ) ) ) ) ) ) ) ( CC and ) ( S ( NP-SBJ ( NP ( NNP Ford ) ( POS 's ) ) ( NNS trucks ) ) ( VP ( VBP are ) ( VP ( VBG losing ) ( NP ( NN ground ) ) ( PP ( TO to ) ( NP ( PRP$ their ) ( NNP GM ) ( NNS rivals ) ) ) ) ) ) )

The No. 2 auto maker 's new Thunderbird and Mercury Cougar models have n't met sales expectations in the year since they were introduced and Ford 's trucks are losing ground to their GM rivals


( S ( NP-TMP ( DT This ) ( NN fall ) ) ( NP-SBJ ( NNP Ford ) ) ( VP ( VBD introduced ) ( NP ( NP ( QP ( RB only ) ( CD one ) ) ( JJ new ) ( NN product ) ) ( NP ( NP ( DT A ) ( VBN restyled ) ( NN version ) ) ( PP ( IN of ) ( NP ( PRP$ its ) ( VBG hulking ) ( NNP Lincoln ) ( NNP Town ) ( NNP Car ) ( NN luxury ) ( NN model ) ) ) ) ) ) )

This fall Ford introduced only one new product A restyled version of its hulking Lincoln Town Car luxury model


( S ( NP-SBJ ( NP ( DT The ) ( NN demise ) ) ( PP ( IN of ) ( NP ( NP ( NNP Merkur ) ) ( PRN ( VP ( VBD pronounced ) ( NP-MNR ( NNP mare-COOR ) ) ) ) ) ) ) ( VP ( VBZ comes ) ( PP-TMP ( IN after ) ( NP ( NP ( DT a ) ( NNP September ) ) ( SBAR ( WHPP-2 ( IN in ) ( WHNP ( WDT which ) ) ) ( S ( NP-SBJ-1 ( CD 670 ) ( NNP Merkur ) ( NNS dealers ) ) ( VP ( VBD managed ) ( S ( VP ( TO to ) ( VP ( VB sell ) ( NP ( QP ( RB only ) ( CD 93 ) ) ( NNPS Scorpios ) ) ) ) ) ) ) ) ) ) ) )

The demise of Merkur pronounced mare-COOR comes after a September in which 670 Merkur dealers managed to sell only 93 Scorpios


( S ( NP-SBJ ( NP ( NNP Total ) ( NNP Merkur ) ( NNS sales ) ) ( PP ( IN for ) ( NP ( DT the ) ( JJ first ) ( CD nine ) ( NNS months ) ) ) ) ( VP ( VBD dropped ) ( NP-EXT ( CD 46 ) ( NN % ) ) ( PP-DIR ( IN from ) ( ADVP-TMP ( NP ( DT a ) ( NN year ) ) ( IN ago ) ) ) ( PP-DIR ( TO to ) ( NP ( QP ( RB just ) ( CD 6,320 ) ) ( NNS cars ) ) ) ) )

Total Merkur sales for the first nine months dropped 46 % from a year ago to just 6,320 cars


( S ( NP-SBJ ( NNP Merkur ) ) ( VP ( VBZ is ) ( RB n't ) ( NP-PRD ( NP ( DT the ) ( JJ only ) ( JJ European ) ( NN luxury ) ( NN brand ) ) ( VP ( VBG having ) ( NP ( NNS problems ) ) ( PP-LOC ( IN in ) ( NP ( DT the ) ( NNP U.S. ) ) ) ) ) ) )

Merkur is n't the only European luxury brand having problems in the U.S.


( S ( NP-SBJ ( NP ( DT The ) ( JJ Japanese ) ( NN assault ) ) ( PP ( IN on ) ( NP ( DT the ) ( NN luxury ) ( NN market ) ) ) ) ( VP ( VBZ is ) ( VP ( ADVP-MNR ( RB rapidly ) ) ( VBG overshadowing ) ( NP ( NP ( JJ such ) ( JJ European ) ( NNS makes ) ) ( PP ( IN as ) ( NP ( NP ( NNP Audi ) ( CC and ) ( NNP Saab ) ) ( SBAR ( WHNP-1 ( WDT which ) ) ( S ( ADVP ( IN at ) ( JJS least ) ) ( VP ( VBP have ) ( NP ( JJ clear ) ( NN brand ) ( NNS images ) ) ) ) ) ) ) ) ) ) )

The Japanese assault on the luxury market is rapidly overshadowing such European makes as Audi and Saab which at least have clear brand images


( S ( NP-SBJ ( NNP Merkur ) ) ( PP ( IN as ) ( NP ( NP ( DT an ) ( NN import ) ) ( PP-LOC ( IN on ) ( NP ( JJ domestic ) ( NN car ) ( NNS lots ) ) ) ) ) ( VP ( VBD suffered ) ( PP-CLR ( IN from ) ( NP ( NP ( DT the ) ( JJ same ) ( NN sort ) ) ( PP ( IN of ) ( NP ( NP ( NN image ) ( NN confusion ) ) ( SBAR ( WHNP-1 ( WDT that ) ) ( S ( VP ( VBZ is ) ( VP ( VBG hobbling ) ( NP ( NP ( NNS sales ) ) ( PP ( IN of ) ( NP ( NNS imports ) ) ) ) ( PP-LOC ( IN at ) ( NP ( NP ( NNP General ) ( NNPS Motors ) ( NNP Corp. ) ) ( CC and ) ( NP ( NNP Chrysler ) ( NNP Corp ) ) ) ) ) ) ) ) ) ) ) ) ) )

Merkur as an import on domestic car lots suffered from the same sort of image confusion that is hobbling sales of imports at General Motors Corp. and Chrysler Corp


( S ( NP-SBJ-3 ( NNP Merkur ) ) ( VP ( VBD was ) ( ADVP ( RB originally ) ) ( VP ( VBN aimed ) ( PP-CLR ( IN at ) ( S-NOM ( VP ( VBG enticing ) ( PP-CLR ( IN into ) ( NP ( NNP Lincoln-Mercury ) ( NNS dealerships ) ) ) ( NP ( NP ( DT the ) ( NN kind ) ) ( PP ( IN of ) ( NP ( JJ young ) ( JJ affluent ) ( NNS buyers ) ) ) ( SBAR ( WHNP-2 ( WP who ) ) ( S ( VP ( MD would ) ( RB n't ) ( VP ( VB be ) ( VP ( VBN caught ) ( S-ADV ( ADJP-PRD ( JJ dead ) ) ) ( PP-LOC ( IN in ) ( NP ( NP ( DT a ) ( NNP Town ) ( NNP Car ) ) ) ( NP ( NP ( DT a ) ( NN vehicle ) ) ( ADJP ( ADJP ( RB so ) ( JJ bargelike ) ) ( SBAR ( IN that ) ( S ( NP-SBJ ( NNP Ford ) ) ( VP ( VBZ is ) ( VP ( VBG staging ) ( NP ( NP ( DT a ) ( NN press ) ( NN event ) ) ) ( NP-TMP ( IN next ) ( NN month ) ) ( VP-5 ( VBG linking ) ( NP ( NP ( DT the ) ( NNP Town ) ( NNP Car ) ( POS 's ) ) ( NN launch ) ) ( PP-CLR ( TO to ) ( NP ( NP ( DT the ) ( VBG commissioning ) ) ( PP ( IN of ) ( NP ( DT a ) ( JJ new ) ( NN aircraft ) ( NN carrier ) ) ) ( PP-LOC ( IN in ) ( NP ( NP ( NNP Norfolk ) ) ( NP ( NNP Va ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

Merkur was originally aimed at enticing into Lincoln-Mercury dealerships the kind of young affluent buyers who would n't be caught dead in a Town Car a vehicle so bargelike that Ford is staging a press event next month linking the Town Car 's launch to the commissioning of a new aircraft carrier in Norfolk Va


( S ( CC But ) ( NP-SBJ ( DT the ) ( NN brand ) ) ( VP ( VBD had ) ( NP ( NN trouble ) ) ( PP ( IN from ) ( NP ( DT the ) ( NN start ) ) ) ) )

But the brand had trouble from the start


( S ( NP-SBJ ( NP ( DT The ) ( JJ first ) ( NNP Merkur ) ) ( NP ( DT the ) ( NNP XR4Ti ) ) ) ( VP ( VBD went ) ( PP-CLR ( IN on ) ( NP ( NN sale ) ) ) ( PP-TMP ( IN in ) ( NP ( JJ early ) ( CD 1985 ) ) ) ) )

The first Merkur the XR4Ti went on sale in early 1985


( S ( NP-SBJ ( DT The ) ( JJ sporty ) ( NN coupe ) ) ( VP ( VBD foundered ) ( SBAR-PRP ( PP ( IN in ) ( NP ( NN part ) ) ) ( IN because ) ( S ( NP-SBJ ( JJ American ) ( NNS buyers ) ) ( VP ( VBD did ) ( RB n't ) ( VP ( VB go ) ( PP-CLR ( IN for ) ( NP ( NP ( DT the ) ( NN car ) ( POS 's ) ) ( JJ unusual ) ( JJ double-wing ) ( JJ rear ) ( NN spoiler ) ) ) ) ) ) ) ) )

The sporty coupe foundered in part because American buyers did n't go for the car 's unusual double-wing rear spoiler


( S ( PP-TMP ( IN In ) ( NP ( NNP May ) ( CD 1987 ) ) ) ( NP-SBJ-1 ( NNP Ford ) ) ( VP ( VBD began ) ( S ( VP ( VBG importing ) ( NP ( NP ( DT the ) ( NNP Scorpio ) ( NN sedan ) ) ) ( PP-DIR ( IN from ) ( NP ( NNP West ) ( NNP Germany ) ) ) ( SBAR-3 ( S ( VP ( TO to ) ( VP ( VB sell ) ( ADVP-LOC ( JJ next ) ( PP ( TO to ) ( NP ( DT a ) ( VBN redesigned ) ( NNP XR4Ti ) ) ) ) ( PP-LOC ( IN in ) ( NP ( NNS showrooms ) ) ) ) ) ) ) ) ) ) )

In May 1987 Ford began importing the Scorpio sedan from West Germany to sell next to a redesigned XR4Ti in showrooms


( S ( S ( NP-SBJ ( NNP Ford ) ( NNS officials ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( PRP they ) ) ( VP ( VBD expected ) ( SBAR ( S ( NP-SBJ ( DT the ) ( CD two ) ( NNPS Merkurs ) ) ( VP ( MD would ) ( VP ( VB sell ) ( NP ( NP ( QP ( IN about ) ( CD 15,000 ) ) ( NNS cars ) ) ( NP-ADV ( DT a ) ( NN year ) ) ) ) ) ) ) ) ) ) ) ) ( CC and ) ( S ( PP-TMP ( IN in ) ( NP ( CD 1988 ) ) ) ( NP-SBJ ( PRP they ) ) ( VP ( VBD reached ) ( NP ( DT that ) ( NN goal ) ) ( SBAR-ADV ( IN as ) ( S ( NP-SBJ ( NNS sales ) ) ( VP ( VBD hit ) ( NP ( CD 15,261 ) ( NNS cars ) ) ) ) ) ) ) )

Ford officials said they expected the two Merkurs would sell about 15,000 cars a year and in 1988 they reached that goal as sales hit 15,261 cars


( S ( NP-SBJ ( PRP It ) ) ( VP ( VBD was ) ( ADVP-PRD ( RB downhill ) ) ( PP ( IN from ) ( NP ( EX there ) ) ) ( ADVP ( RB however ) ) ) )

It was downhill from there however


( S ( NP-SBJ ( CD One ) ( JJ major ) ( NN factor ) ) ( VP ( VBD was ) ( NP-PRD ( NP ( DT the ) ( NN decline ) ) ( PP ( IN of ) ( NP ( DT the ) ( NN dollar ) ) ) ( PP ( IN against ) ( NP ( DT the ) ( NN mark ) ) ) ( SBAR ( WHNP-1 ( WDT which ) ) ( S ( VP ( VBD began ) ( PP-TMP ( NP ( QP ( JJR less ) ( IN than ) ( DT a ) ) ( NN year ) ) ( IN after ) ( NP ( NP ( NNP Merkur ) ( POS 's ) ) ( CD 1985 ) ( NN launch ) ) ) ) ) ) ) ) )

One major factor was the decline of the dollar against the mark which began less than a year after Merkur 's 1985 launch


( SINV ( SBAR-TMP ( IN As ) ( S ( NP-SBJ ( DT the ) ( NNP West ) ( NNP German ) ( NN currency ) ) ( VP ( VBD rose ) ) ) ) ( ADVP-PRD-TPC-1 ( RB so ) ) ( VP ( VBD did ) ) ( NP-SBJ ( NNP Merkur ) ( NNS prices ) ) )

As the West German currency rose so did Merkur prices


( S ( S-TPC-1 ( NP-SBJ ( DT The ) ( NNP Merkur ) ( NNS cars ) ) ( ADVP ( RB also ) ) ( VP ( VBD suffered ) ( PP-CLR ( IN from ) ( NP ( JJ spotty ) ( NN quality ) ) ) ) ) ( NP-SBJ ( DT some ) ( NNS dealers ) ) ( VP ( VBP say ) ) )

The Merkur cars also suffered from spotty quality some dealers say


( SINV ( S-TPC-2 ( NP-SBJ ( PRP It ) ) ( VP ( VBD was ) ( PP-PRD ( IN like ) ( NP ( NP ( DT a ) ( NN comedy ) ) ( PP ( IN of ) ( NP ( NNS errors ) ) ) ) ) ) ) ( VP ( VBZ says ) ) ( NP-SBJ ( NP ( NNP Martin ) ( NNP J. ) ( NNP Hoot ) ( NNP McInerney ) ) ( NP ( NP ( DT a ) ( JJ big ) ( NN dealer ) ) ( SBAR ( WHNP-1 ( WHNP ( WP$ whose ) ( NNP Star ) ( NNP Lincoln-Mercury-Merkur ) ( NN operation ) ) ( PP-LOC ( IN in ) ( NP ( NP ( NNP Southfield ) ) ( NP ( NNP Mich. ) ) ) ) ) ( S ( VP ( VBD sold ) ( NP ( NP ( JJR more ) ( NNP XR4Ti ) ( VBZ 's ) ) ( PP ( IN than ) ( NP ( DT any ) ( JJ other ) ( NN dealership ) ) ) ) ) ) ) ) ) )

It was like a comedy of errors says Martin J. Hoot McInerney a big dealer whose Star Lincoln-Mercury-Merkur operation in Southfield Mich. sold more XR4Ti 's than any other dealership


( S ( S-TPC-1 ( CC But ) ( PP-TMP ( IN by ) ( NP ( NP ( DT the ) ( JJ third ) ( NN quarter ) ) ( PP ( IN of ) ( NP ( CD 1988 ) ) ) ) ) ( NP-SBJ ( NNPS Scorpios ) ) ( VP ( VBD had ) ( NP ( DT a ) ( JJ high ) ( NN satisfaction ) ( NN rating ) ) ( PP-LOC ( IN in ) ( NP ( JJ internal ) ( NNP Ford ) ( NNS studies ) ) ) ) ) ( NP-SBJ ( DT a ) ( NN spokesman ) ) ( VP ( VBD said ) ) )

But by the third quarter of 1988 Scorpios had a high satisfaction rating in internal Ford studies a spokesman said


( S ( ADVP ( RB Apparently ) ) ( ADVP ( RB however ) ) ( NP-SBJ ( DT the ) ( NN improvement ) ) ( VP ( VBD came ) ( ADVP-TMP ( RB too ) ( JJ late ) ) ) )

Apparently however the improvement came too late


( S ( NP-TMP ( JJ Last ) ( NN fall ) ) ( NP-SBJ ( NNP Ford ) ) ( VP ( VBD announced ) ( SBAR ( S ( NP-SBJ ( PRP it ) ) ( VP ( MD would ) ( VP ( VB discontinue ) ( NP ( DT the ) ( NNP XR4Ti ) ) ( PP-LOC ( IN in ) ( NP ( DT the ) ( NNP U.S. ) ) ) ( PP-TMP ( IN at ) ( NP ( NP ( DT the ) ( NN end ) ) ( PP ( IN of ) ( NP ( DT the ) ( CD 1989 ) ( NN model ) ( NN year ) ) ) ) ) ) ) ) ) ) )

Last fall Ford announced it would discontinue the XR4Ti in the U.S. at the end of the 1989 model year