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Kit Menkin’s Leasing News www.leasingnews.org Tuesday August 27, 2002 Accurate, fair and unbiased news for the equipment Leasing
Industry --posted daily at www.leasingnews.org--- Monday Leasing news posted at 3:21 pm PDT ---------------------------------------------------------------------------------------------- Pictures from the Past Fall, 2000
Classified Ads here
are four from: http://65.209.205.32/LeasingNews/JobPosting.htm Contract Administrator: Schaumburg,
IL 10 yrs. small/mid-ticket leasing.
Proficient in documentation, funding and legal. Worked with brokers,
portfolio purchases, vendor programs, municipal transactions. prefer
to stay in Suburban Illinois. Email:sophie1900@msn.com Credit: Los Angeles, CA Over 15 years experience in Credit/Operations
with Small Ticket and transactions up to $500,000.00. CLP, with excellent
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spreadsheet proficiency, all types financials, tax returns. Looking
for new career in Southeast/Mid Atlantic Email:lrport2001@yahoo.com Credit: Hayward, CA. Versatile/ creative senior financial
executive w/ extensive experience in varied areas of the commercial
lending environment. Strong written/ oral skills with a results-oriented
team-player attitude. Email: daveschultz9@aol.com Headlines--- GE
likely to acquire companies, analyst says Equipment
Leasing is Now #10 on Scam List Assets
of PinnFund/PinnLease ex-exec to be auctioned RW
Professional Leasing---Up-date
****Anti-Virus
Information**** Consumer
Confidence Falls Sharply NTT
Leasing Joins Bertelsmann,Intel, France Telecom, Mitac
Streamlined Sales Tax Project Meeting Sept
26-27 Sportsline.com
Top ten Football Games to Watch This Season ### Denotes Press Release ----------------------------------------------------------------------------------------- HP-Compaq Loss of $2.03 Billion First Quarter By Christopher Menkin For the three months ended July 31, the company lost $2.03
billion, or 67 cents per share, compared to what would have been a loss
of $116 million, or 4 cents a share, for the companies had they been together
in the same period last year. Excluding a $2.4 billion adjustment mostly related to the
merger, HP earned $420 million, or 14 cents per share, compared with $320
million, or 11 cents per share, by the companies a year ago. Revenue was
$16.5 billion, down about 11 percent from $18.6 billion reported by the
companies a year ago. The press release puts a more positive spin on the first results of the merger. Using “smoke and mirrors”, it is still too early to say,
as the full results of the merger may not be known until the year-end, and if Christmas
is soft as Intel, AMD, and other are predicting for technology companies, this
too, includes HP-Compaq. For more information, to go financial newspapers who will
cover this much more in depth than Leasing News. We do know that HP
Financial is very interested in technology business and is extremely
aggressive in the marketplace. ### ############################ ################### HP Reports Q3 2002 Results PALO ALTO, Calif.----Hewlett-Packard Company (NYSE:HPQ) -- Revenue of $16.5
Billion -- Pro Forma Gross
Margin Increases to 25.7% -- Pro Forma EPS
of $0.14 -- Met All Quarterly
Integration Milestones, Second-half Goals on Track -- Affirms Current
Q4 Consensus Estimates -- GAAP EPS of ($0.67);
Includes $1.6B Restructuring and $1.4B Other Merger-related Charges HP (NYSE:HPQ) today reported financial results for its third
fiscal quarter ended July 31, 2002. This is the company's first earnings
report that includes the merger transaction with Compaq Computer Corp.,
which was completed May 3, 2002. (Results and comparisons in this release
are stated on a combined company basis and reflect Compaq's prior fiscal
quarter results as if combined with HP at the start of HP's prior fiscal
quarters. The company reported third quarter revenue of $16.5 billion,
compared to $18.2 billion on a combined company basis in the prior quarter.
Sequentially, combined company revenue declined 9%, while pro forma gross
margin increased from 25.5% to 25.7%. Pro forma operating expenses were
up sequentially from 21.0% to 22.5% of net revenue, reflecting normal
seasonality and merger-related sales training and product rollouts. Operating
expenses were down 10% year over year, equivalent to $400 million on an
absolute dollar basis.... #### ######################################### GE likely to acquire companies, analyst says ( actively looking at leasing portfolio's, especially if they can "steal"
the assets or company. Know one GE reader who's
job is to look at $1 billion portfolio's and
contacted me for a referral. editor ) By John Christoffersen, Associated Press STAMFORD, Conn. (AP) General Electric Co. is likely to make
a few billion-dollar acquisitions in the coming months and may sell businesses
such as appliances and lighting, an analyst said Tuesday. With distressed companies looking to make quick sales, GE
is in a strong position to buy some of their assets, said Nicholas Heymann,
an analyst with Prudential Securities Inc. in New York. ''We have companies selling assets to raise funds to stay
in business,'' Heymann said. ''When there is a credit squeeze, GE has
the resources to help them meet the squeeze.'' Heymann predicted GE would make two or three acquisitions
in the $3 billion to $5 billion range involving industrial, transportation
or medical equipment businesses. He also said the Fairfield-based conglomerate
might sell a few businesses, with potential divestiture candidates including
Employers Reinsurance Co. and the appliances and lighting divisions. ''The portfolio is in a state of enhancement,'' Heymann said.
''It's a period of refining your portfolio of assets such that they can
create greater value.'' GE officials would not comment on possible acquisitions or
divestitures. But GE Chief Executive Jeffrey Immelt has said the current
valuations of businesses make it a good time for acquisitions. GE's commercial-finance unit is in talks to buy part of ABB
Ltd.'s leasing and financing business in a deal that some analysts said
may be valued at as much as $3.1 billion, The Wall Street Journal reported
Tuesday. The GE unit would acquire about 80 percent of the leasing
and loan portfolio held by Zurich-based ABB's structured-finance subsidiary,
The Journal said, citing people familiar with the matter. GE and ABB officials declined to comment on the report. ''Of course the structured finance business is up for sale
and we are looking to sell it in the current quarter,'' said ABB spokesman
Thomas Schmidt. ''There are several interested parties and we are in talks,
but we cannot say that we will sell the business until the end of the
quarter. We do not comment on market speculation.'' Heymann said such a deal makes sense because it would help
ABB reduce its debt of $5.2 billion to about $2.6 billion by the end of
the year. The ABB unit provides loans to companies for infrastructure
projects and leases office equipment and vending machines. The acquisition could boost GE's presence in Europe. The
European Union last year blocked GE's proposed $45 billion acquisition
of Honeywell International Inc. The ABB deal would be the first since GE announced in July
that it would split GE Capital in Stamford into four separate businesses:
equipment management, insurance, commercial finance and consumer finance.
The move was designed to improve transparency and streamline management.
Shares of GE stock were trading Tuesday afternoon on the
New York Stock Exchange at $32, down 7 cents. On the Net: http://www.ge.com __________________________________________________________________ Equipment Leasing is Now #10 on Scam List By DAVID HO The Associated Press 10. Equipment leasing. While the majority of equipment leasing
deals are legitimate, thousands of investors have been scammed by individuals
selling interests in payphones, ATMs or Internet kiosks. In a typical
equipment leasing scam, a company sells a piece of equipment through a
middleman. As part of the sale, the company agrees to lease back and service
the equipment for a fee. Investors are promised high returns with little
or no risk. But state regulators say high commissions paid to salesmen
and promised returns that are unrealistically high doom many projects.
In North Carolina, regulators took action against an individual who sold
an Internet kiosk to an investor for $24,950, promising a 17 percent return.
The individual had previously sold payphone leases to investors from a
company that later filed for bankruptcy. WASHINGTON (AP) - Hard times on Wall Street have spawned
more con artists who prey on shaken investors with promises of easy money,
state securities regulators said Monday. Scams involving unscrupulous stockbrokers and financial analysts
with conflicting interests are for the first time among the top 10 investment
frauds listed by the North American Securities Administrators Association.
Fraudulent oil and gas investments and schemes involving charitable gift
annuities also joined the annual list. ``Con artists know investors are concerned about the volatile
stock market,'' said Joseph Borg, president of the group known as NASAA.
``They pitch their scams as offering high returns with no risk - an impossible
combination.'' To avoid scams, investors should check with state regulators
to make sure an opportunity is legitimate and must use common sense, Borg
said at a news conference. ``If it sounds too good to be true, it probably is,'' he
said. The regulators ranked the frauds and risky investments they
are fighting by how often they occur and their impact. It is the fourth
list from NASAA, which represents securities regulators in the 50 states,
the District of Columbia, Puerto Rico, Canada and Mexico. The top-ranked scam for 2002 involved unlicensed individuals,
such as independent insurance agents, selling securities. Borg said most
agents are honest, but too many are lured by high commissions into selling
high-risk or fraudulent investments. The regulators ranked deceptive stockbrokers at No. 2., saying
``the declining stock market has caused some brokers to cut corners or
resort to outright fraud.'' Last year, North Dakota's securities commissioner yanked
the licenses of two brokers, saying they squandered millions by making
speculative investments without their clients' permission. The brokers
were affiliated with H.D. Vest Investment Services Inc., an Irving, Texas,
firm that in December settled with regulators and agreed to repay customers
more than $3.2 million. Analyst research conflicts came in third on the regulators'
list. State investigators are probing whether some analysts issued glowing
research reports and made buy recommendations to win investment-banking
business, NASAA said. Merrill Lynch & Co., the nation's biggest brokerage,
agreed in May to pay a $100 million fine and revamp its stock research
practices in a settlement with the New York attorney general's office,
which had charged that the firm's analysts were misleading investors for
personal gain. The other seven top investment frauds, in order, are: Promissory notes, which typically involve loans to companies
made by investors in exchange for a fixed amount of periodic income. Legitimate
corporate promissory notes are not usually sold to the public and some
schemes are fraudulent. Prime bank schemes that promise investors risk-free, triple-digit
returns on debt notes said to be guaranteed by the world's biggest banks. Viatical settlements, which, when done legally, involve buying
into the insurance policies of the terminally ill, who get a portion of
the money to help with medical bills. The investor is supposed to get
paid when the person dies, but in some fraudulent cases the policyholders
aren't really dying or don't even exist. Affinity fraud investing schemes that target religious, ethnic
and professional groups and are performed by members of the groups who
use their common backgrounds to gain trust. Charitable gift annuities, in which a donor gives cash or
stock to a charity in return for lifetime fixed payments based on age
- the older the donor, the larger the payment. Regulators said investors
should be cautious of little-known organizations offering such investments. Oil and gas schemes, including investments in fraudulent
operations or wells that don't produce. Leasing scams involving telephones, automated teller machines
and Internet kiosks. On the Net: Full list with details is available from: North American Securities Administrators Association: http://www.nasaa.org ------------------------------------------------------------------------------------------------ Assets of PinnFund/PinnLease ex-exec to be auctioned By Mike Freeman UNION-TRIBUNE STAFF WRITER Federal authorities plan to auction expensive wine, jewelry
and coins seized from the Ramona house of John D. Garitta, the former
PinnFund USA chief financial officer who pleaded guilty last week to securities
fraud charges. Merchandise to be sold at the auction Thursday includes more
than 400 bottles of wine worth an estimated $163,000, $480,000 in jewelry
and gems, and $19,000 in collectible coins. The auction will be held in
Rancho Dominguez in the Los Angeles area. The Internal Revenue Service seized the items when authorities
raided Garitta's home in January, said Tami Stine, special agent for the
IRS. "This was actually PinnFund money that was used to purchase
these assets," Stine said. Carlsbad-based PinnFund collapsed in March 2001 after the
U.S. Securities and Exchange Commission filed a securities fraud lawsuit
against the mortgage lender and individuals linked to the company. Former PinnFund chief executive Michael Fanghella has spent
a year behind bars awaiting sentencing after pleading guilty to fraud
charges. About $330 million was taken from investors in the Ponzi scheme,
in which new investor money was returned to earlier investors in the form
of monthly payments. Investors have filed a lawsuit against accounting firms that
audited various money-raising entities that supplied PinnFund with funds.
The lawsuit seeks $300 million, plus punitive damages. The SEC earlier settled with PinnFund's chief money raiser,
James Hillman of Oakland, and with Fanghella's former girlfriend, Kelly
Cook. Garitta admitted to money laundering, tax evasion and conspiracy
to commit wire fraud. He faces 11 to 14 years in prison. Garitta has pledged
to cooperate with the investigation, and he could get less time in prison
if his cooperation is satisfactory, authorities said. Stine said the IRS does not know how much money the auction
will bring in. A judge will decide who will get the proceeds. "But ultimately we would want to get this money back
to defrauded investors," Stine said. Merchandise seized from Garitta is just part of what will
be sold at the auction, set for 9 a.m. Thursday at EG&G Technical
Services warehouse, 2332 E. Pacifica Place, Rancho Dominguez. Auction
previews and registration will be from 9 a.m. to 4 p.m. today and Wednesday.
For information, visit http://www.treas.gov/auctions/ customs/ Mike Freeman: (760) 476-8209; mike.freeman@uniontrib.com http://www.leasingnews.org/docs/Pinn_1.htm _____________________________________________________________ RW Professional Leasing---Up-date “Amex folks say they are under a gag order and CIT legal
folks are not talking. Looks like
the world has come to a halt until the FBI issues a statement.” http://www.leasingnews.org/Conscious-Top%20Stories/RW_stories.htm -------------------------------------------------------------------------------------- ****Anti-Virus Information**** Perhaps you may not receive Leasing News as every time we
try to send out information about a ****virus making the rounds, many companies
“filter” out the name of the virus and delete the e-mail, as if the virus
is in the e-mail. In this case, the actual name has **** around it, hoping
it may fool the filter. (will find out the hard way.) Were you hit with the ****W32**** KLEZ**** virus recently?
I remember having read that you were hit with something, and recently
we have been receiving numerous infected messages from other leasing companies. I know the ****KLEZ**** assumes various names in your system
as the “sender” of the message so it is hard to actually identify the
real sender, but once again they have all be leasing companies. If that is what happened, maybe you can circulate information
about it in case other companies have gotten hit. I know First Federal Financial has, so there may be others. Thanks Christopher Simpson chris@creditleaseonline.com CreditLease, Inc. (This is a tricky devil, and maybe a scan of your system
will not pick it up. Here is a link for a specific scan of your computer, put
out by Symantec. You don’t need their anti-virus program to run it. You need to run it on each of your workstations, unfortunately. You can put on a network drive and go from station to station. Copy and paste and then open it, and press start. If you have this specific virus hidden, Symantec says
it will find it and eliminate it. It
is only for this specific virus. Editor ) http://securityresponse.symantec.com/avcenter/FixKlez.com ------------------------------------------------------------------------------------- Consumer Confidence Falls Sharply By Brad Foss AP Business Writer NEW YORK –– Consumer confidence fell sharply for the second
month in a row in August, declining to its lowest level since November
2001, a private research group reported today. The New York-based Conference Board said its Consumer Confidence
Index fell to 93.5 from a revised 97.4 in July. Analysts had been expecting
a reading of 97.0. The industry group's index, based on a monthly survey of
some 5,000 U.S. households, is closely watched because consumer confidence
drives consumer spending, which accounts for about two-thirds of the nation's
economic activity. Lynn Franco, director of The Conference Board's Consumer
Research Center, called August's decline "a strong signal that business
conditions have yet to turn around. It also suggests that consumer spending
is not likely to gain momentum any time soon." The index compares results to its base year, 1985, when it
stood at 100. ############# ############################################### NTT Leasing Joins Bertelsmann, Intel, France Telecom and
Mitac as a Shareholder in Envivio, a Leading MPEG-4
Broadcast and Streaming Solutions Provider SOUTH SAN FRANCISCO, Calif.-- Envivio's $15 Million Second Round of Financing is Complete Envivio Inc., a leading provider of end-to-end MPEG-4 broadcast
and streaming solutions, announced today that it has secured an investment
from NTT Leasing Co. Ltd., the investment arm and a strategic business
development partner of NTT Group Companies. NTT Leasing joins other strategic,
corporate investors Bertelsmann, France Telecom, Intel Capital, and Harbinger
Ventures, a venture fund affiliated with the Mitac/Synnex group. Envivio has created leading high quality MPEG-4 broadcast
and streaming solutions for the professional media industry. MPEG-4 is
the latest international standard for rich media communication and has
been widely adopted by broadband, satellite and cable network operators,
corporations, post-production facilities and content developers around
the world. "We believe that MPEG-4 will be the dominant digital
media format in broadcast, streaming and wireless markets," said
Muneharu Yamamoto, Executive Vice President and General Manager of Strategic
Technology Investment Department, NTT Leasing Co. Ltd. "Envivio is
clearly the leader in this market given its first-to-market product line,
existing customer base and management experience in MPEG-4. We are confident
that Envivio will become the vehicle for NTT group companies to deliver
business solutions based on MPEG-4 to Japan's broadband and digital broadcast
infrastructure." "NTT Group is an important strategic partner for Envivio,"
said Jonathan Fram, CEO of Envivio. "Our diverse, global partners
will ensure that Envivio will lead the industry as MPEG-4 is adopted throughout
the world." The proceeds from this financing will be used to further
develop Envivio's suite of MPEG-4 products, and expand engineering, marketing
and sales channel and customer support capabilities. About Envivio Envivio is a leading provider of complete MPEG-4 solutions
consisting of a rich set of integrated streaming media tools and systems:
high performance audio and video, two-dimensional graphics and animation,
providing a rich interactive user experience. The company has established
itself as the most experienced creator of high-quality MPEG-4- solutions
that enable broadcasters, network operators and content developers to
build new revenue streams and utilize the efficiencies of delivering content
to the full range of MPEG-4 capable devices. The Envivio Solution includes
various components to create, encode, protect and distribute MPEG-4 content:
the Envivio Encoding Station for offline encoding and protection of MPEG-4
audio and video, the Envivio Broadcast Studio for authoring complete MPEG-4
applications, the Envivio plug - in to the RealSystem Server, to distribute
MPEG-4 content over the Web and broadcast networks, and the EnvivioTV(TM)
plug- in to the RealOne Player and RealPlayer, QuickTime, and Windows
Media Player to retrieve and playback MPEG-4 content. EnvivioTV(TM) is
also being customized for various set-top box manufacturers. For further
information, visit www.envivio.com. About NTT Leasing Co. Ltd. NTT Leasing Co. Ltd. was established in 1985 as the first
affiliate of NTT, which provides long distance and international telecommunications
spanning over 200 countries worldwide. NTT Leasing offers various business
services; leasing and installment, credit card and finance. In addition,
their Strategic Technology Investment Department seeks out venture companies
domestically and internationally with excellent technologies and provides
them with financial and business development. For further information,
visit www.nttl.co.jp All trademarks used herein, whether recognized or not, are
the properties of their respective companies. CONTACT: Envivio Lori Smith Docherty, 650/875-3003 (Media) ################ ################################################# ---------------------------------------------------------------------------------------- Streamlined Sales Tax Project Meeting Sept 26-27 The next meeting of the Streamlined Sales Tax Project will
be held in Milwaukee, Wisconsin on September 26-27. The meeting will consist of a "Government only" work session
on the morning of September 26, breakout work groups on the afternoon
of the 26th and the morning of the 27th, and a Project meeting on the
afternoon of the 27th. The meeting will be at the Hyatt Regency Milwaukee. Due to some contract processing issues, however,
it will not be until mid-week that Project officials can make a formal
announcement and start the meeting registration/hotel reservation process. The Streamlined Sales Tax Implementing States will not be
meeting in conjunction with the Project. Implementing States is meeting
separately the Adam's Mark Hotel Philadelphia on Thursday and Friday,
September 12 and 13. Dennis Brown DBROWN@ELAMAIL.COM please send to a colleague as we are trying to build our
readership. By Wong Choon Mei PENANG, Malaysia (Reuters) - Intel Corp, the world's No.
1 chipmaker, said on Tuesday it expected modest growth in third-quarter
earnings over the preceding quarter and would continue investing in new
technology despite the weak market. Intel Chief Executive Officer Craig Barrett gave his cold-eyed
assessment of the market for chips while attending a hi-tech conference
to mark the 30th anniversary of the setting up of Penang as Malaysia's
hub for the industry. "We see modest growth in the third quarter over the
second quarter," Barrett told a news conference. "But we haven't seen much
improvement in the computing environment because companies are not investing.
When it turns around will be when companies start re-investing, I'm
not forecasting when that will happen." -------------------------------------------------------------------------------------- Congressional Budget Office predicts more years of budget
deficits WASHINGTON (AP) Reduced tax collections, higher spending
and a weaker economy all point toward federal budget deficits persisting
for the next few years, congressional experts said Tuesday, a downbeat
assessment likely to resonate in the campaign for control of Congress. --- Amazon Expands Free Shipping Again Based on results from its test of a $49 threshold, the giant
online retailer experiments with a $25 minimum order size to qualify for
free shipping. -- Government clears painless diabetes monitor for children WASHINGTON (AP) A wristwatch-looking device that uses tiny
electric currents to painlessly monitor diabetics' blood sugar now is
officially available for children to use. Adult diabetics looking foward
to this device being made available to them. ---- New York hotels filling up near ground zero, but languishing
elsewhere in city NEW YORK (AP) Hotels near the World Trade Center site are
filling up for the anniversary of the terrorist attacks, but the rest
of the city's hotel trade is languishing. --- Recording industry reports further decline in CD buying LOS ANGELES (AP) Compact disc music sales decreased 7 percent
during the first half of the year, a further indication that online music
sharing sites are hurting the recording industry, a trade group said yesterday. -- Lobsters, caviar and brandy for MPs at summit on starvation (online Sun )They are gorging on mountains of lobster, oysters
and fillet steak at the Johannesburg conference — aimed at ending FAMINE.
Bigwig politicians among the 60,000 delegates, including
Deputy PM John Prescott, also get vintage bubbly and brandy. Taxpayers are footing the £500,000 bill for
the 70-strong British party. Friends of the Earth called the extravagance
“deplorable”. --- BBC News More than 70,000 people in Australia have declared that they
are followers of the Jedi faith, the religion created by the Star Wars
films. A recent census found that one in 270 respondents - or 0.37%
of the population - say they believe in "the force", an energy
field that gives Jedi Knights like Luke Skywalker their power in the films.
Most of the 70,509 people who wrote Jedi on their census
forms were suspected to have done so in response to an e-mail encouraging
all Star Wars fans to get it recognised as an official religion. Jedi Master Yoda: "You must feel the force around you" But the majority do not seriously tell each other: "May
the force be with you", according to Australian Star Wars Appreciation
Society president Chris Brennan. --------------------------------------------------------------------------------------------- Belichick Says J. Anderson Not Quite Ready to Play Again FOXBORO, Mass. (Aug. 27) -- Running back Jamal Anderson won't
be part of the New England Patriots immediate plans, after all. A day after Anderson's agent said a deal was all but done,
coach Bill Belichick said Anderson won't be on the roster. ----------------------------------------------------------------------------------------- Sportsline.com Top
ten Football Games to Watch This Season Sept 9: Pittsburgh at New England -- In the first Monday
night game, the Steelers have to face their demons. The Steelers were
clearly the best team in the AFC last season, but choked away a chance
at the Super Bowl when their special teams let them down in an AFC Championship
loss to the Patriots. Steelers coach Bill Cowher has not let his players
forget the sting of that loss. The Patriots went on to upset the Rams
in the Super Bowl and now head into the season trying to repeat. They
aren't being given much of shot. The skeptics say they fluked into winning
it all. They also say quarterback Tom Brady could put his name next to
the Starland Vocal Band -- the kings of the one-hit wonders. The Patriots
will debut their new stadium for a national-TV audience against the Steelers.
For a Week 1 game, this has a lot of subplots. By midnight of Sept. 9,
we'll know if those demons inside the Steelers heads have been exorcised.
Or are the Patriots for real? October 5 St. Louis at San Francisco -- The Rams have beaten
the 49ers six consecutive times after losing to the 49ers an amazing 17
in a row. The Rams won the division last season because they swept the
49ers, and their domination is a big reason why they are picked to win
it again. Until the 49ers can beat the Rams, they are a team that is going
to get questioned. In recent years, the 49ers have been unable to match
up with the Rams receivers. To help improve in that area, the 49ers used
a first-round pick on cornerback Mike Rumph. He is expected to be the
nickel back, which means instead of getting caught with a safety matched
up on the Rams' slot receivers, the 49ers will likely move starting corner
Jason Webster inside in those situations, with Rumph outside. The key
to beating the Rams, though, is always pressuring Kurt Warner. The 49ers
have some young pass rushers up front, and if those guys elevate their
games, the streak might come to an end. And there could be a passing of
the torch in the NFC West. October 13 Carolina at Dallas -- Why this game? The Cowboys
and the lowly Panthers? Well, assuming Dallas running back Emmitt Smith
averaged 87.5 yards a game -- his career mark -- this will be the game
Smith passes Walter Payton and becomes the all-time leading rusher. Smith
needs 540 yards to put his name atop the record books. He might get it
sooner, or he might need another week, but the Panthers are on pace to
be the opposition when history is made. The Cowboys might hope it's sooner.
Then they could get Troy Hambrick on the field quicker, something that
actually could make the Cowboys a better team. Hambrick is stronger and
quicker than Smith. Until then, Smith will get the carries to break the
record -- Jerry Jones wants it that way. November 3 San Francisco at Oakland -- Aside from the fact
these two organizations really don't like each other, both should be good.
The 49ers are viewed as the cheese and wine team in the Bay Area, and
the Raiders are the choice of the crazies. A Harley rider fits in far
more going to the Oakland Coliseum than he would at a 49ers game. The
Raiders play a mean, nasty game, and the 49ers have always been perceived
as a soft, offensive-minded team. At this late stage of the season, both
should be in the thick of their division races, which will give this one
even more luster. Just a word of warning for 49ers fans attending the
game: It might not be too good an idea to break out that vintage wine
during a tailgate party wearing that Jeff Garcia jersey. November 3 New England at Buffalo -- Bills quarterback Drew
Bledsoe gets to face his old team for the first time. Although this won't
have the same impact as when Bledsoe returns to Foxboro for the first
time as an opposing quarterback (the Bills play at New England on Dec.
8), the first time is always special. The Patriots cut Bledsoe loose in
a trade after it was decided Brady would be their quarterback. The Bills,
in desperate need for quarterback help, were glad to scoop him up. They
are raving about Bledsoe in Buffalo, and provided the Bills can stay healthy,
he just might make them a playoff contender. Pats coach Bill Belichick
is the master at planning defensive strategy, and you can bet he will
come up with something interesting against his former player. Bledsoe
wasn't exactly thrilled with the way he was treated at the end, forced
to watch the Super Bowl as a spectator after years of good service, so
he will be a little pumped. November 10 Washington at Jacksonville -- This is the first
regular-season game for Redskins coach Steve Spurrier in Florida. The
game will be played 90 miles from where he made his coaching name at the
University of Florida. His family lives just south of Jacksonville. Not
only that, but the Jacksonville job is one Spurrier always had an eye
on, even if he says otherwise. He used to tell beat writers at Florida
what he thought about the Jaguars offense. And then when word got out
he was interested in the NFL, Jags owner Wayne Weaver didn't even give
him a sniff. On that very same day, Weaver went public with his news coach
Tom Coughlin would be getting a one-year contract extension to help quell
the Spurrier-to-Jacksonville talk. Many in Jacksonville think Weaver made
a major PR blunder. The Jaguars needed a grocery chain to buy all remaining
tickets from any home game to assure there would be sellouts. That is
a big commitment, but this is at least one game in which the store can
concentrate its money elsewhere. Spurrier is adored in north Florida,
and the Redskins have a loyal following. Spurrier isn't one to forget,
and he knows Weaver wanted no part of him. It's not nice to get on Steve's
bad side, you know. November 24 St. Louis at Washington -- The scoreboard should
move up quicker than the stock market dropped. If you have a passing fancy,
this one's for you. The game might take four hours to play, but if the
score ends up 45-41, will anyone care? Spurrier and Rams coach Mike Martz
are the NFL outcasts, two coaches who'd rather throw the ball 30 times
and bring some excitement the game than watch a running back plod along
to get 100 yards. They are a lot alike, too. Both have huge egos -- or
so they say -- and both don't care who they offend with the way they play
football. Run up the score? Oh well. There's one big difference, though.
Martz has Kurt Warner. Spurrier has Danny Wuerffel. That's like trotting
out a lounge singer to square off against Sinatra. December 1 St. Louis at Philadelphia -- This rematch of the
last season's NFC Championship Game will go a long way in determining
whether the Eagles have done enough improving to get past the Rams. It
might also decide home-field in the NFC. The Eagles have the physical
defense that is needed to match up with the Rams. They also added some
young, speedy secondary people to help combat the Rams' spread offense.
This game, unlike the title game that was played inside, will be battled
in some likely cold, windy conditions. There are those who say the Rams
can't win in those conditions. So this will also be a proving ground of
sorts for them. It doesn't come at a very good time for them, though.
It is the middle game of a three-game road swing, following what should
be that shootout with Spurrier's Redskins and before an in-state game
with the Chiefs. But don't even say sandwich game. Both these teams know
how big this one will be. You can bet they are eyeing it even now. December 15 Green
Bay at San Francisco -- The Packers knocked the 49ers out of the playoffs
last year, after which 49ers receiver Terrell Owens complained he wasn't
involved in the offense enough. He was right. Owens will provide a tough
matchup for the Packers corners -- if he gets the ball. It's always good
to see two outstanding quarterbacks play in what should be decent conditions
this late in the season. Brett Favre against Jeff Garcia should be a treat.
The Packers and 49ers have had some good games the past 10 seasons, and
this one should follow that trend. It also might dictate NFC playoff seeding.
December 23 Pittsburgh at Tampa Bay -- Two of the league's
nastiest defenses will get together in a Monday night game that should
have major playoff implications. Last season, the Steelers went into Tampa
Bay and dominated the Bucs. That led to Pittsburgh safety Lee Flowers
going off in a locker-room tirade, saying the Bucs has disrespected the
Steelers and that they were nothing more than "paper champions."
Flowers, a loud, brash player who packs quite a thump, likely won't back
down from his rips, but the Bucs likely aren't going to forget, either.
If hard-hitting defensive football is your thing, this one is for you.
And it's always good for doll sales near Christmas when the cameras catch
Chucky Gruden wincing as if he needs a laxative a 1,000 times a game.
( Washington Redskins,
Boston Patriots, San Diego Chargers--- Three to watch---Patriots were under dogs last year, but
won the Superbowl. They are still
considered the underdogs. Tomorrow's game at Candlestick will be interesting, if the 49ers first linebackers play
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