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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: blankmind who wrote (31532)	11/3/1999 9:08:00 AM
From: taxman	Respond to of 74651

"I voted 100% Republican" Washington, Nov. 3 (Bloomberg) -- Republicans won control of the Virginia legislature for the first time yesterday and Democratic candidates won the governor's race in Kentucky and several mayoral contests across the U.S. Voters also approved measures using tax money to build new arenas for the National Basketball Association's San Antonio Spurs and National Hockey League's Phoenix Coyotes, while rejecting measures for the NBA's Houston Rockets and Major League Baseball's Minnesota Twins. Republican candidates picked up three seats to win a 52-48 majority in Virginia's 100-seat House of Delegates and maintained a 21-19 majority in the state Senate. The Republicans have also held Virginia's top three statewide offices since last year. Republicans kept control of the state Assembly In New Jersey and also kept a majority in the House in the state of Washington when a Republican won a special election. Democratic Governor Paul Patton was re-elected in Kentucky. Lieutenant Governor Ronnie Musgrove came close to defeating Republican Mike Parker in the Mississippi governor's race, which is so close it may be decided in the Democrat-controlled state House of Representatives. Democrats also won mayoral races in Philadelphia, Baltimore, Indianapolis, Salt Lake City and Columbus, Ohio. The Indianapolis and Columbus election victories ended three decades of Republican rule. In San Francisco Mayor Willie Brown was forced into a run- off race by strong challenges from Frank Jordan, a former police chief and mayor, and political consultant Clint Reilly, election results show. Sports Votes A plan to raise money for a $185 million arena for the Coyotes passed by a 3-to-2 margin in Scottsdale, Arizona, and two neighboring towns. Voters in Bexar County, Texas, which includes San Antonio, approved a measure to raise hotel and car-rental taxes to help pay for a $175 million arena for the defending NBA champion Spurs. In Harris County, Texas, which includes Houston, voters defeated a $160 million arena plan for the NBA's Houston Rockets by 54 percent to 46 percent. Voters in St. Paul rejected by a 58 percent to 42 percent margin a half-cent increase in the sales tax to help build a $325 million ballpark downtown for the Twins. If it had passed, the state legislature and Gov. Jesse Ventura would have then been asked to authorize $108 million in state funds. The defeat may derail a sales agreement for the team from Carl Pohlad to a group of local investors, headed by Glen Taylor, owner of the NBA's Minnesota Timberwolves and Robert Naegele Jr., majority owner of NHL's Minnesota Wild. ``It has always been my hope that we would find a Minnesota solution for the future of the Minnesota Twins,' Pohlad said in a statement released by the Twins. ``In the near future my family and I will regroup and consider our next step.' Former Senators Two years ago, the state legislature vetoed several plans aimed at building a ballpark in downtown Minneapolis. Last year, it agreed to fund $65 million of the $130 million St. Paul arena project, where the Wild will begin play next year in the National Hockey League. The Twins, who have played in the Metrodome in downtown Minneapolis since 1982 and in Minnesota since the Senators franchise was relocated from Washington, D.C. in 1961, have threatened to move for years. Last year, the team was headed to North Carolina until voters there turned down a publicly funded ballpark. ¸1999 Bloomberg L.P. regards