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Non-Tech : Auric Goldfinger's Short List -- Ignore unavailable to you. Want to Upgrade?


To: afrayem onigwecher who wrote (11431)3/28/2003 1:56:43 PM
From: StockDung  Read Replies (2) | Respond to of 19428
 
WEL Insiders must be filing all those 144's between fires:

WEL
Boots and Coots International Well Control, Inc. AMEX


Notices of Proposed Sale Reported on Form 144 Description | Hide Summary


Last 3 Mo. Last 12 Mo.
Number of Filings 14 30

Total Proposed Sales (Shares) 1,669,860 4,377,686




Click on the column header links to resort ascending () or descending ().


Filer
Select a filer below for more information. Relation File Date Shares Broker
CLAYTON SHARRON SH 3/24/2003 5,000
PRUDENTIAL SECURITIE...

CLAYTON DANNY RAY D 3/24/2003 50,000
PRUDENTIAL SECURITIE...

CLAYTON DANNY RAY D 3/24/2003 290,000
PRUDENTIAL SECURITIE...

CLAYTON DANNY RAY D 3/17/2003 50,000
PRUDENTIAL SECURITIE...

TURNER TRACY S UK 2/21/2003 5,000
DEUTSCHE BANK ALEX B...

CLAYTON DANNY RAY D 2/21/2003 150,000
PRUDENTIAL SECURITIE...

CLAYTON DANNY RAY D 2/19/2003 150,000
PRUDENTIAL SECURITIE...

INTERRA VENTURES LLC UK 2/12/2003 20,000
DEUTSCHE BANK ALEX B...

CLAYTON DANNY RAY D 2/11/2003 50,000
PRUDENTIAL SECURITIE...

GENEVA ASSOC MERCHAN... UK 2/10/2003 666,666
MERRILL LYNCH & CO I...

KRUJAC JON UK 2/5/2003 68,530
OPPENHEIMER & CO INC

PHILLIPS CHARLES T N 2/3/2003 92,864
WACHOVIA SECURITIES

CLAYTON DANNY RAY D 2/3/2003 49,800
PRUDENTIAL SECURITIE...

CLAYTON DANNY RAY D 1/29/2003 22,000
PRUDENTIAL SECURITIE...

SPECIAL SITUATIONS P... N 12/4/2002 300,000
DIRECT TRADING CORP

SPECIAL SITUATIONS F... N 12/4/2002 300,000
DIRECT TRADING CORP

SPECIAL SITUATIONS C... N 12/4/2002 100,000
DIRECT TRADING CORP

ZURICH INSTITUTIONAL... N 10/25/2002 82,909
BNY ESI &CO INC

GERALD B CRAMER IRA ... N 10/9/2002 10,666
BNY ESI &CO INC

GERALD B CRAMER FAMI... N 10/9/2002 14,363
BNY ESI &CO INC


1 2 3 4 5 6 7 8 9 10 Next
Page 1 of 14



To: afrayem onigwecher who wrote (11431)3/28/2003 2:31:17 PM
From: StockDung  Read Replies (1) | Respond to of 19428
 
Ex-Nicklaus executive to be held without bail in fraud case
By Melissa E. Holsman staff writer
March 27, 2003

WEST PALM BEACH — A former executive for golf legend Jack Nicklaus was ordered held without bail on federal securities fraud and other charges Wednesday, a week after being captured in Colombia by Bogota police.

John R. Boyd, 45, formerly of Palm City, who was escorted into federal court by U.S. Marshals in hand and leg shackles, is accused of fraudulently altering financial records submitted to the Securities and Exchange Commission while working for a Nicklaus firm in North Palm Beach.

Boyd is accused of deceiving officers and shareholders in Paragon Golf Construction, a former subsidiary of Nicklaus' Golden Bear Golf, while he was president of Paragon in 1997 and 1998. The deceptions allowed him to collect "lucrative bonuses and compensation," a federal indictment alleges.

The indictment also named Christopher Curbello of San Antonio as a co-defendant. He was arrested March 14 in Texas.

Bogota police caught up with Boyd last week at a rented apartment, U.S. officials said. He was deported and handed over to FBI and Secret Service agents.

"We were able to track some phone numbers to an address down there. From there, the locals got involved and they picked him up," said Judy Orihuela, an FBI spokeswoman.

"He said he had been in Bogota just a few months. He said he'd been roaming around from country to country in South America."

Last fall, Boyd fled Martin County as he faced unrelated felony charges related to bilking local banks out of more than $790,000. A Martin County judge in September revoked his $110,000 bail and ordered his arrest.

He is due back in federal court April 25.



To: afrayem onigwecher who wrote (11431)3/28/2003 3:41:25 PM
From: Sir Auric Goldfinger  Read Replies (2) | Respond to of 19428
 
Fighting Oil Fires in Iraq Rekindles Desert Rivalry

By CHIP CUMMINS
Staff Reporter of THE WALL STREET JOURNAL

SOUTH RUMEILA OIL FIELD, Iraq -- As oil-well fires were raging here last weekend, Brian Krause, president of Boots & Coots International Well Control Inc., was on hand to boast that his team of Texas firefighters would need just a few weeks to douse the blazes.

But as the 47-year-old Mr. Krause talked -- decked out in his company's trademark red coveralls -- a team of Kuwaiti firefighters was already moving its equipment into Iraq's second-largest oil field, now under U.S. and British control. Braving minefields and ignoring reports of Iraqi guerrillas in the area, the Kuwaitis snuffed out the first fire on Monday, days before Mr. Krause was ready to roll.

"We had all our equipment ready, and Boots & Coots didn't,"
says Aisa A. Bou Yabes, the chief firefighter for the state-owned Kuwait Oil Co. Mr. Bou Yabes, a 46-year-old with a long, graying beard, nonchalantly mentions that his men cleared away some cluster bombs by themselves.

As war in Iraq broke out, the oil industry braced for horrific fires in the country's massive oil fields. Experts expected an encore to the 1991 inferno set by retreating Iraqi soldiers, who torched some 700 Kuwaiti wells during the Persian Gulf War. So far, the damage in southern Iraq has been limited: The Iraqis have lit only a handful of fires, though the situation could change with Baghdad still in control of Iraq's northern wells. For now, an old rivalry has flared over who will extinguish as many as eight well fires that are burning.

Twelve years ago, an army of Texans descended on the emirate of Kuwait to help put out its oil-well fires. The firemen, a colorful community concentrated in Houston, did the job in less than nine months, much quicker than oil-industry executives expected, but they ruffled lots of feathers. Paul "Red" Adair, the flamboyant elder statesman of the trade, blasted Kuwait for bureaucracy that slowed the arrival of equipment to the burning fields. The Kuwaiti ambassador to the U.S. shot back that Mr. Adair's complaint was "Mickey Mouse."


Oil-well firefighting is a storied trade, once dominated by showmen such as Mr. Adair, who decorated his Houston headquarters in plush red carpet and kept a fleet of red company Cadillacs. Mr. Krause worked in Kuwait for Mr. Adair, who is now retired. In the U.S. these professional firefighters are typically hardened oil-field hands, who learn to use everything from water to high-powered explosives to extinguish raging fires.

Mr. Krause, whose 11-member team hasn't been able to start fighting fires yet in Iraq because it's been waiting for equipment, has been impressed with the Kuwaitis' early efforts. "They said, 'Shoot, we'll go ahead and start working,' " he marvels. The Kuwaitis are good firefighters, he says, but adds: "On real, real, real critical wells, they'll call us in."

So far, the Kuwaitis haven't needed much help. With blasts from two water cannons, Mr. Bou Yabes and his 30-member team snuffed their first fire early this week in 15 minutes. The next day, the team capped the gushing oil well.

Fierce sandstorms appeared temporarily to have damped three other raging fires in recent days, though the wells still need to be properly extinguished and capped. Meanwhile, American oil-field contractors spent much of the week trying to line up trucks, bulldozers and other heavy equipment, and secure a reliable water supply. Holed up in the Crown Plaza hotel in Kuwait City, they were also waiting for U.S. troops to secure the fields after hearing unconfirmed reports of a firefight between coalition soldiers and Iraqi troops.

"I don't see any hostile forces," shrugged Mr. Bou Yabes, speaking from a cellphone a few hundred yards from the reported site of a battle the evening before.

Soldiers barred nonmilitary personnel from the field for part of the week, saying the area was still heavily mined and dangerous. But Mr. Bou Yabes didn't wait. After finding several live antipersonnel cluster bombs in the desert, he ordered a bulldozer in and had the driver plow them away. "One of them exploded," he says with a shrug. The driver wasn't hurt.

Mr. Bou Yabes put his firefighters on standby last week before the U.S.-led invasion of Iraq -- just in case Saddam Hussein retaliated with missile attacks against Kuwait's fields. That didn't happen, but when Kuwait Oil officials heard about the fires in Iraq, they quickly sent Mr. Bou Yabes over the border.

When the Kuwaitis showed up at South Rumeila, it wasn't clear if they had U.S. or British army permission to be in Iraq in the first place. "We saw them coming up on the breach," the gap in the wall of sand at the Iraq-Kuwait border, "but we didn't have any prior notice," said Lt. James Mitchell of the First Battalion Royal Irish Regiment, who is guarding the fields here. The Kuwaitis were allowed to put out the first fire. But sensing unease from the military and American contractors, the Kuwaitis held off tackling another well until they sorted things out over lunch with the Americans.

"We decided to, as they say in Texas, hold our horses," Mr. Bou Yabes says.

The Kuwaitis are now coordinating their work under an agreement with the U.S. Army Corps of Engineers. Unlike the Texan contractors, the Kuwaiti company isn't getting paid by the U.S. for its firefighting services. They say their help is a gesture of friendship to the Iraqi people, but Kuwait also wanted to prevent pollution risks and damage to the underground oil reservoirs, which it shares with Iraq.

"They just showed up. It was a real surprise to me," says Ray Rodon, the project manager here for a Houston-based unit of Halliburton Co., which has been hired by the U.S. to supervise firefighting efforts. Boots & Coots is a subcontractor.

The Kuwaitis were on the job Thursday, at a burning well in South Rumeila that Mr. Bou Yabes dubbed "A2," just a few hundred yards from another fire that Mr. Krause's team expects to handle as early as Friday. Mr. Bou Yabes's men, pushing up toward the fire behind corrugated tin shields, attacked an orange ball of flame with water cannons. The roar of the fire intensified as the flames turned into a dusty ball of brown. A few seconds later, the flames burst skyward again.

Wearing a shiny metal hard-hat, ornately inlaid with galloping horsemen, Mr. Bou Yabes conceded a temporary setback: A water pump wasn't working right. He ran off and grabbed a sledgehammer from a colleague and gave the pump a few whacks, to no avail.

Mr. Bou Yabes battled fires in Kuwait alongside the founders of Boots & Coots, Asger "Boots" Hansen and Edward "Coots" Matthews, both now retired. In 1991, Mr. Bou Yabes remembers Texans betting that his team couldn't put out one particularly nasty tower of flame and smoke in Kuwait's burning fields. They did.

Friday, the Texans plan to begin battling the fires alongside the Kuwaitis. Both sides downplay any rivalry. Still, "there's some of that manliness, like we don't want the other guy to finish before us," Mr. Krause says, referring to Mr. Bou Yabes. "He'd be lying if he didn't tell you that, too."

Write to Chip Cummins at chip.cummins@wsj.com



To: afrayem onigwecher who wrote (11431)3/28/2003 7:15:06 PM
From: StockDung  Respond to of 19428
 
28 18:24 OL May Have Misstated Another $400 Mln, SEC Says (Update3)
By Kim Chipman

New York, March 28 (Bloomberg) -- AOL Time Warner Inc. may have misstated an additional $400 million at its online unit where U.S. regulators already are investigating advertising accounting, the company said in a filing.

The expanded investigation by the Securities and Exchange Commission relates to two separate advertising agreements AOL Time Warner struck with Bertelsmann AG, the company's former partner in its AOL Europe venture, the filing said. AOL Time Warner is the world's biggest media company.

The SEC has said its ``preliminary'' view that at least some of the $400 million in ad sales Bertelsmann bought from America Online in 2001 should have been recorded differently, AOL Time Warner said in the filing.

``At the time the Bertelsmann transactions took place, both we and our independent auditors believed that they were accounted for appropriately,'' AOL Time Warner Chief Executive Richard Parsons said in an e-mail memo to employees obtained by Bloomberg News.

AOL Time Warner already has restated two years of results, reducing revenue by $190 million, after finding improperly recorded sales at America Online.

The company, which in January posted the largest annual loss in U.S. history, also today said in a filing that it paid no bonuses in 2002 to Parsons and Chairman Stephen Case.

The New York-based company gave Parsons a $3.4 million pay package for the year, including stock options valued at $2.1 million on the day they were granted, according to a proxy filing with the Securities and Exchange Commission.

AOL Time Warner in January posted a $45.5 billion fourth- quarter writedown, reflecting the decline in the value of America Online and the company's cable systems. The writedown led to a net loss of $44.9 billion in the quarter. The full-year loss was $98.7 billion.

AOL Time Warner disclosed the new investigation in an SEC filing today after the close of U.S. markets. AOL Time Warner shares fell 19 cents to $11.35 at 4:15 p.m. in New York Stock Exchange composite trading. The stock has fallen 52 percent in the past year.



To: afrayem onigwecher who wrote (11431)3/28/2003 8:00:58 PM
From: StockDung  Respond to of 19428
 
NEW CANIDATE FOR DELL DUDE, LOL->Austin employee convicted of tax fraud
3/28/2003 10:36 AM
By: News 8 Austin Staff

A former Dell employee was convicted of masterminding a tax fraud scheme.

On Thursday, Jason Andrew Sims was sentenced to 18 months in federal prison. He was convicted on 21 counts of aiding and assisting in the preparation of false tax returns.

In January, Sims admitted to collecting money for the preparation of about 70 false tax returns for friends and co-workers at Dell.

Refunds from the scheme totaled about $250,000.

Sims also helped taxpayers prepare for IRS audits. He provided taxpayers with false receipts and documentation to support their false tax claims.



To: afrayem onigwecher who wrote (11431)3/29/2003 12:42:45 PM
From: StockDung  Respond to of 19428
 
WORTH MAG DUMPS ENTIRE STAFF

By KEITH J. KELLY

March 29, 2003 -- Worth magazine laid off its entire staff in the latest turmoil in the financial magazine market.
But Worth founder and CEO W. Randall Jones insists the magazine will dodge a bullet and come back to life in the rapidly shrinking category.

While he pink-slipped about 40 on March 27, Jones told Ad Age that he expected he could start hiring up to half of them back starting next week in his latest comeback bid. "I'm putting together my war economy restructuring plan," Jones told Ad Age.

As part of that plan, he said he would cut frequency from the already truncated eight issues to six issues this year.

It's the latest sign that the misery that has afflicted the category has not abated.

In October, Time Inc. pulled the plug on Mutual Funds magazine just four years after buying it. The mag joined Your Money, Individual Investor and Family Money in the personal finance graveyard.

At the time of the Mutual Funds collapse in October, Knight Kiplinger, head of Kiplinger's Personal Finance Magazine, said he did not think any of the survivors were making any money. "Everyone is running on fumes right now," he said at the time.