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( S ( NP-SBJ ( NP ( DT THE ) ( NNP YOM ) ( NNP KIPPUR ) ( NNP WAR ) ) ( SBAR ( WHADVP-1 ( WRB WHEN ) ) ( S ( NP-SBJ ( NNP EGYPT ) ) ( VP ( VBD CRASHED ) ( PP-DIR ( IN into ) ( NP ( NNP Israel ) ) ) ( PP-TMP ( IN on ) ( NP ( NP ( NNP Oct. ) ( CD 6 ) ( CD 1973 ) ) ( NP ( NP ( DT the ) ( JJS holiest ) ( NN day ) ) ( PP-LOC ( IN in ) ( NP ( DT the ) ( JJ Jewish ) ( NN calendar ) ) ) ) ) ) ) ) ) ) ( VP ( VBD lasted ) ( NP ( QP ( RB barely ) ( DT a ) ) ( NN month ) ) ) )

THE YOM KIPPUR WAR WHEN EGYPT CRASHED into Israel on Oct. 6 1973 the holiest day in the Jewish calendar lasted barely a month

( S ( CC But ) ( NP-SBJ ( CD one ) ( JJ far-afield ) ( NN effect ) ) ( VP ( VBZ is ) ( ADVP-TMP ( RB still ) ) ( PP-PRD ( IN with ) ( NP ( PRP us ) ) ) ) )

But one far-afield effect is still with us

( S ( NP-SBJ ( DT The ) ( JJ Arab ) ( NNS states ) ) ( ADJP ( RB always ) ( RB bitterly ) ( JJ resentful ) ( PP ( IN of ) ( NP ( NP ( NNP U.S. ) ( NN support ) ) ( PP ( IN toward ) ( NP ( NNP Israel ) ) ) ) ) ) ( VP ( VBD realized ) ( SBAR ( S ( NP-SBJ ( PRP they ) ) ( VP ( VBD held ) ( NP ( NP ( DT an ) ( JJ irresistable ) ( NN weapon ) ) ( NP ( NN oil ) ) ) ) ) ) ) )

The Arab states always bitterly resentful of U.S. support toward Israel realized they held an irresistable weapon oil

( S ( ADVP-TMP ( RB Early ) ( PP ( IN in ) ( NP ( NNP October ) ) ) ) ( NP-SBJ ( NP ( CD six ) ( JJ Arab ) ( NNS nations ) ) ( PP-LOC ( IN in ) ( NP ( DT the ) ( NNP Persian ) ( NNP Gulf ) ) ) ) ( VP ( VBD jacked ) ( PRT ( RP up ) ) ( NP ( NNS prices ) ) ( ADVP-MNR ( RB sharply ) ) ) )

Early in October six Arab nations in the Persian Gulf jacked up prices sharply

( S ( PP-TMP ( IN On ) ( NP ( NNP Oct. ) ( CD 22 ) ) ) ( S-ADV ( VP ( VBN led ) ( PP ( IN by ) ( NP-LGS ( NP ( NNP Saudi ) ( NNP Arabia ) ) ( NP ( NP ( DT the ) ( NN world ) ( POS 's ) ) ( JJS largest ) ( NN exporter ) ) ) ) ) ) ( NP-SBJ-2 ( PRP they ) ) ( VP ( VBD embargoed ) ( NP ( NP ( NN oil ) ( NNS shipments ) ) ( PP ( PP ( TO to ) ( NP ( DT the ) ( NNP U.S. ) ) ) ( CC and ) ( PP ( TO to ) ( NP ( NP ( DT the ) ( NNPS Netherlands ) ) ( NP ( NP ( NNP Israel ) ( POS 's ) ) ( JJS staunchest ) ( JJ European ) ( NN ally ) ) ) ) ) ) ) )

On Oct. 22 led by Saudi Arabia the world 's largest exporter they embargoed oil shipments to the U.S. and to the Netherlands Israel 's staunchest European ally

( S ( NP-SBJ ( DT The ) ( NN timing ) ) ( VP ( VBD was ) ( ADJP-PRD ( JJ perfect ) ) ) )

The timing was perfect

( S ( NP-SBJ ( DT The ) ( NNPS Arabs ) ) ( VP ( VBD had ) ( VP ( VBN tried ) ( NP ( NNS embargos ) ) ( ADVP-TMP ( RB before ) ) ) ) )

The Arabs had tried embargos before

( S ( PP-TMP ( IN In ) ( NP ( CD 1956 ) ) ) ( SBAR-TMP ( WHADVP-2 ( WRB when ) ) ( S ( NP-SBJ-1 ( NNP Britain ) ( NNP France ) ( CC and ) ( NNP Israel ) ) ( VP ( VBD invaded ) ( NP ( NNP Egypt ) ) ( S-PRP ( VP ( TO to ) ( VP ( VB seize ) ( NP ( DT the ) ( NNP Suez ) ( NNP Canal ) ) ) ) ) ) ) ) ( NP-SBJ ( JJ Arab ) ( NNS producers ) ) ( VP ( VBD cut ) ( PRT ( RP off ) ) ( NP ( NP ( NNS supplies ) ) ( PP ( TO to ) ( NP ( NNP Europe ) ) ) ) ) )

In 1956 when Britain France and Israel invaded Egypt to seize the Suez Canal Arab producers cut off supplies to Europe

( S ( NP-SBJ ( NNP Texas ) ) ( ADVP ( RB simply ) ) ( VP ( VBD pumped ) ( ADVP-MNR ( RBR harder ) ) ) )

Texas simply pumped harder

( S ( NP-SBJ ( NNP U.S. ) ( NN oil ) ( NNS supplies ) ) ( ADVP ( RB however ) ) ( VP ( VP ( VBD had ) ( VP ( VBN peaked ) ( PP-TMP ( IN in ) ( NP ( CD 1970 ) ( CC and ) ( CD 1971 ) ) ) ) ) ( CC and ) ( VP ( PP-TMP ( IN by ) ( NP ( CD 1973 ) ) ) ( VBD were ) ( VP ( VBG declining ) ) ) ) )

U.S. oil supplies however had peaked in 1970 and 1971 and by 1973 were declining

( S ( NP-SBJ ( NP ( NNS Imports ) ) ( RB then ) ( NP ( NP ( QP ( CD six ) ( CD million ) ) ( NNS barrels ) ) ( NP-ADV ( DT a ) ( NN day ) ) ) ) ( VP ( VBD came ) ( PP-DIR ( ADVP ( RB primarily ) ) ( IN from ) ( NP ( NNP Venezuela ) ( CC and ) ( NNP Canada ) ) ) ) )

Imports then six million barrels a day came primarily from Venezuela and Canada

( S ( CC But ) ( NP-SBJ ( NNP Middle ) ( NNP East ) ( NNS supplies ) ) ( VP ( VBD were ) ( VP ( VBG growing ) ( PP-LOC ( IN in ) ( NP ( NN importance ) ) ) ) ) )

But Middle East supplies were growing in importance

( S ( PP-TMP ( IN By ) ( NP ( CD 1973 ) ) ) ( NP-SBJ ( DT the ) ( NNP U.S. ) ) ( VP ( VBD was ) ( VP ( VBG bringing ) ( PRT ( RP in ) ) ( NP ( NP ( NP ( QP ( CD two ) ( CD million ) ) ( NNS barrels ) ) ( PP ( IN of ) ( NP ( JJ Arab ) ( NN oil ) ) ) ( NP-ADV ( DT a ) ( NN day ) ) ) ( NP ( NP ( QP ( JJR more ) ( IN than ) ( CD 10 ) ) ( NN % ) ) ( PP ( IN of ) ( NP ( NP ( DT the ) ( QP ( CD 17.3 ) ( CD million ) ) ( NNS barrels ) ) ( VP ( VBN consumed ) ( ADVP-TMP ( RB daily ) ) ) ) ) ) ) ) ) )

By 1973 the U.S. was bringing in two million barrels of Arab oil a day more than 10 % of the 17.3 million barrels consumed daily

( S ( NP-SBJ ( NNS Politics ) ( CC and ) ( NNS economics ) ) ( VP ( VBD conspired ) ) )

Politics and economics conspired

( S ( NP-SBJ ( NP ( NNP Japan ) ( CC and ) ( NNP Europe ) ) ( ADJP ( ADJP ( RB far ) ( RBR more ) ( JJ dependent ) ( PP ( IN on ) ( NP ( JJ Mideast ) ( NN oil ) ) ) ) ( PP ( IN than ) ( NP ( DT the ) ( NNP U.S. ) ) ) ) ) ( VP ( MD would ) ( RB n't ) ( VP ( VP ( VB offend ) ( NP ( DT the ) ( NNPS Arabs ) ) ) ( CC or ) ( VP ( VB trade ) ( PRT ( RP off ) ) ( NP ( PRP$ their ) ( JJ precious ) ( NNS supplies ) ) ) ) ) )

Japan and Europe far more dependent on Mideast oil than the U.S. would n't offend the Arabs or trade off their precious supplies

( S ( S ( NP-SBJ-2 ( DT The ) ( NNP U.S. ) ) ( VP ( VBD did ) ( VP ( VB manage ) ( S ( VP ( TO to ) ( VP ( VB supply ) ( NP ( DT the ) ( NNPS Dutch ) ) ( PP ( IN with ) ( NP ( NN oil ) ) ) ( PP-MNR ( IN by ) ( S-NOM ( VP ( VBG relabeling ) ( NP ( NNS supplies ) ) ) ) ) ) ) ) ) ) ) ( S ( SBAR-TMP ( IN once ) ( S ( NP-SBJ-1 ( NN oil ) ) ( VP ( VBZ is ) ( VP ( VBN shipped ) ) ) ) ) ( NP-SBJ ( DT no ) ( NN one ) ) ( VP ( MD can ) ( VP ( VB tell ) ( NP ( PRP$ its ) ( NN source ) ) ) ) ) )

The U.S. did manage to supply the Dutch with oil by relabeling supplies once oil is shipped no one can tell its source

( S ( S ( CC But ) ( NP-SBJ ( JJ car-happy ) ( NNPS Americans ) ) ( VP ( VBD panicked ) ) ) ( CC and ) ( SINV ( ADVP-TPC-PRD-1 ( RB so ) ) ( VP ( VBD did ) ) ( NP-SBJ ( NP ( DT the ) ( NNP U.S. ) ) ( CC and ) ( NP ( JJ other ) ( JJ oil-consuming ) ( NNS governments ) ) ) ) )

But car-happy Americans panicked and so did the U.S. and other oil-consuming governments

( S ( NP-SBJ ( NN Shortage ) ( CC and ) ( NN crisis ) ) ( VP ( VBD became ) ( NP-PRD ( JJ buzz ) ( NNS words ) ) ( SBAR-ADV ( IN although ) ( S ( NP-SBJ ( DT neither ) ) ( ADVP ( RB really ) ) ( VP ( VBD applied ) ) ) ) ) )

Shortage and crisis became buzz words although neither really applied

( S ( NP-SBJ ( NP ( DT The ) ( JJ spot ) ( NNS dislocations ) ) ( SBAR ( WHNP-1 ( WDT that ) ) ( S ( VP ( VBD showed ) ( PRT ( RP up ) ) ) ) ) ) ( VP ( VBD were ) ( ADVP ( RB largely ) ) ( NP-PRD ( NP ( DT the ) ( NN result ) ) ( PP ( IN of ) ( NP ( NP ( NN confusion ) ) ( PRN ( NP ( NP ( JJ much ) ) ( PP ( IN of ) ( NP ( PRP it ) ) ) ( PP-LOC ( IN in ) ( NP ( NNP Washington ) ) ) ) ) ) ) ) ( SBAR-ADV ( IN though ) ( S ( NP-SBJ ( DT that ) ) ( VP ( VBD was ) ( NP-PRD ( JJ cold ) ( NN comfort ) ) ( PP ( IN for ) ( NP ( NP ( NNS drivers ) ) ( VP ( VBG waiting ) ( PP-LOC ( IN in ) ( NP ( JJ mile-long ) ( NNS lines ) ) ) ( PP-LOC ( IN at ) ( NP ( DT the ) ( NN gas ) ( NNS pumps ) ) ) ) ) ) ) ) ) ) )

The spot dislocations that showed up were largely the result of confusion much of it in Washington though that was cold comfort for drivers waiting in mile-long lines at the gas pumps

( S ( S ( NP-SBJ ( DT The ) ( NN embargo ) ) ( VP ( VBD lasted ) ( NP-TMP ( QP ( RB only ) ( CD six ) ) ( NNS months ) ) ) ) ( CC but ) ( S ( NP-SBJ ( DT the ) ( NN price ) ( NNS hikes ) ) ( VP ( VBD became ) ( NP-PRD ( NP ( DT a ) ( NN fact ) ) ( PP ( IN of ) ( NP ( NN life ) ) ) ) ) ) )

The embargo lasted only six months but the price hikes became a fact of life

( S ( SBAR-NOM-TPC-2 ( WHNP-1 ( WP What ) ) ( S ( NP-SBJ ( DT the ) ( NNPS Arabs ) ) ( VP ( VBD started ) ) ) ) ( NP-SBJ ( NN inflation ) ) ( VP ( VBD finished ) ) )

What the Arabs started inflation finished

( S ( UCP ( ADVP-TMP ( RB Once ) ) ( CC and ) ( PP ( IN for ) ( NP ( DT all ) ) ) ) ( NP-SBJ ( NP ( ADJP ( JJ 5-a-barrel ) ) ( JJ crude ) ( NN oil ) ) ( CC and ) ( NP ( JJ 35-cents-a-gallon ) ( NN gasoline ) ) ) ( VP ( VBD were ) ( NP-PRD ( NN history ) ) ) )

Once and for all 5-a-barrel crude oil and 35-cents-a-gallon gasoline were history

( S ( NP-SBJ ( NNP Par ) ( NNP Pharmaceutical ) ( NNP Inc. ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( PRP it ) ) ( VP ( VP ( VBD named ) ( NP ( NP ( PRP$ its ) ( JJ interim ) ( NX ( NX ( NN president ) ) ( CC and ) ( NX ( JJ chief ) ( JJ executive ) ( NN officer ) ) ) ) ( NP ( NNP Kenneth ) ( NNP I. ) ( NNP Sawyer ) ) ) ( PP-CLR ( TO to ) ( NP ( DT those ) ( NNS posts ) ) ) ( ADVP-MNR ( RB permanently ) ) ) ( CC and ) ( VP ( VBD elected ) ( NP ( PRP him ) ) ( PP-CLR ( TO to ) ( NP ( DT the ) ( NN board ) ) ) ) ) ) ) ) )

Par Pharmaceutical Inc. said it named its interim president and chief executive officer Kenneth I. Sawyer to those posts permanently and elected him to the board

( S ( NP-SBJ ( NNP Par ) ) ( ADVP ( RB also ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ-1 ( PRP it ) ) ( VP ( VBD was ) ( VP ( VBN advised ) ( PP ( IN by ) ( NP-LGS ( NP ( DT the ) ( NNP U.S. ) ( NN attorney ) ) ( PP ( IN for ) ( NP ( NN Maryland ) ) ) ) ) ( SBAR ( IN that ) ( S ( NP-SBJ ( PRP it ) ) ( VP ( VBZ is ) ( NP-PRD ( NP ( CD one ) ) ( PP ( IN of ) ( NP ( NP ( DT a ) ( NN number ) ) ( PP ( IN of ) ( NP ( NP ( NNS companies ) ) ( VP ( VBG being ) ( VP ( VBN investigated ) ( PP ( IN by ) ( NP-LGS ( DT a ) ( JJ federal ) ( JJ grand ) ( NN jury ) ) ) ( PP-PRP ( IN for ) ( NP ( NP ( JJ alleged ) ( NNS violations ) ) ( PP ( IN of ) ( NP ( DT the ) ( JJ federal ) ( NNP Food ) ( NNP Drug ) ( CC and ) ( NNP Cosmetic ) ( NNP Act ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

Par also said it was advised by the U.S. attorney for Maryland that it is one of a number of companies being investigated by a federal grand jury for alleged violations of the federal Food Drug and Cosmetic Act

( S ( NP-SBJ ( NP ( NNP Par ) ) ( NP ( NP ( DT a ) ( NN generic-drug ) ( NN maker ) ) ( SBAR ( WHNP-2 ( WDT that ) ) ( S ( VP ( VBZ has ) ( VP ( VBN been ) ( VP ( VBN plagued ) ( PP ( IN by ) ( NP-LGS ( NN management ) ( NNS problems ) ) ) ) ) ) ) ) ) ) ( VP ( VBD was ) ( ADVP-TMP ( RB already ) ) ( NP-PRD ( NP ( DT the ) ( NN subject ) ) ( PP ( IN of ) ( NP ( NP ( NP ( DT a ) ( JJ federal ) ( JJ criminal ) ( NN inquiry ) ) ( PP ( IN into ) ( NP ( DT the ) ( JJ drug-approval ) ( NN process ) ) ) ) ( CC and ) ( NP ( DT a ) ( NNP Food ) ( CC and ) ( NNP Drug ) ( NNP Administration ) ( NN investigation ) ) ) ) ) ) )

Par a generic-drug maker that has been plagued by management problems was already the subject of a federal criminal inquiry into the drug-approval process and a Food and Drug Administration investigation

( S ( NP-SBJ ( DT A ) ( NNP Par ) ( NN spokesman ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( PRP he ) ) ( VP ( VBD understood ) ( SBAR ( S ( NP-SBJ ( NP ( DT the ) ( JJ criminal ) ( NN investigation ) ) ( PP-LOC ( IN in ) ( NP ( NNP Maryland ) ) ) ) ( VP ( VBZ relates ) ( PP-CLR ( TO to ) ( NP ( NP ( NNS matters ) ) ( SBAR ( S ( NP-SBJ ( NNP Par ) ) ( VP ( VBD disclosed ) ( PP-TMP ( IN in ) ( NP ( NP ( NNP July ) ) ( SBAR ( WHADVP-2 ( WRB when ) ) ( S ( NP-SBJ ( NNP Par ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( PRP it ) ) ( VP ( VBD filed ) ( NP ( JJ false ) ( NN drug ) ( NN information ) ) ( PP-CLR ( IN with ) ( NP ( DT the ) ( NNP FDA ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

A Par spokesman said he understood the criminal investigation in Maryland relates to matters Par disclosed in July when Par said it filed false drug information with the FDA

( S ( PP-TMP ( IN At ) ( NP ( DT the ) ( NN time ) ) ) ( NP-SBJ ( DT the ) ( NN company ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ-1 ( PRP it ) ) ( VP ( VP ( VBD was ) ( VP ( VBG recalling ) ( NP ( NP ( CD one ) ) ( PP ( IN of ) ( NP ( PRP$ its ) ( NNS drugs ) ) ) ) ) ) ( CC and ) ( VP ( VBD had ) ( VP ( VBN stopped ) ( S ( VP ( VBG selling ) ( NP ( CD two ) ( NNS others ) ) ) ) ) ) ) ) ) ) )

At the time the company said it was recalling one of its drugs and had stopped selling two others

( S ( NP-SBJ ( DT The ) ( NN spokesman ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( PRP he ) ) ( ADVP ( RB also ) ) ( VP ( VBD understood ) ( SBAR ( IN that ) ( S ( NP-SBJ ( DT the ) ( NN inquiry ) ) ( VP ( VBD related ) ( PP-CLR ( TO to ) ( NP ( NP ( DT the ) ( NN existence ) ) ( PP ( IN of ) ( NP ( DT an ) ( JJ off-the-record ) ( NN production ) ( NN book ) ) ) ) ) ) ) ) ) ) ) ) )

The spokesman said he also understood that the inquiry related to the existence of an off-the-record production book

( S ( NP-SBJ ( DT The ) ( NN book ) ) ( VP ( VBD noted ) ( NP ( NP ( NNS changes ) ) ( VP ( VBN made ) ( PP-LOC ( IN at ) ( NP ( DT the ) ( NN manufacturing ) ( NN level ) ) ) ) ( SBAR ( WHNP-1 ( WDT that ) ) ( S ( VP ( VBD were ) ( RB n't ) ( VP ( VBN disclosed ) ( PP-CLR ( TO to ) ( NP ( DT the ) ( NNP FDA ) ) ) ) ) ) ) ) ) )

The book noted changes made at the manufacturing level that were n't disclosed to the FDA

( S ( NP-SBJ ( NNP Par ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( PRP it ) ) ( VP ( VBZ is ) ( VP ( VBG cooperating ) ( PP-LOC-CLR ( IN in ) ( NP ( DT the ) ( NN investigation ) ) ) ) ) ) ) ) )

Par said it is cooperating in the investigation

( S ( ADVP ( RB Also ) ) ( NP-TMP ( NN yesterday ) ) ( NP-SBJ-1 ( NP ( NNP Ashok ) ( NNP Patel ) ) ( NP ( NP ( DT a ) ( JJ former ) ( NNP Par ) ( NN official ) ) ( SBAR ( WHNP-2 ( WP who ) ) ( S ( VP ( VBD pleaded ) ( ADJP-PRD ( JJ guilty ) ( PP ( TO to ) ( S-NOM ( VP ( VBG providing ) ( NP ( DT an ) ( NNP FDA ) ( NN employee ) ) ( NP ( NP ( DT an ) ( JJ illegal ) ( NN gratuity ) ) ( PP ( IN of ) ( NP ( CD 3,000 ) ) ) ) ) ) ) ) ) ) ) ) ) ( VP ( VBD was ) ( VP ( VBN sentenced ) ( PP ( IN by ) ( NP-LGS ( DT a ) ( JJ federal ) ( NN judge ) ) ) ( PP-LOC ( IN in ) ( NP ( NNP Baltimore ) ) ) ( PP-CLR ( TO to ) ( NP ( NP ( NP ( CD one ) ( NN year ) ) ( PP ( IN of ) ( NP ( NN community ) ( NN service ) ) ) ) ( CC and ) ( NP ( DT a ) ( ADJP ( QP ( CD 150,000 ) ) ) ( NN fine ) ) ) ) ) ) )

Also yesterday Ashok Patel a former Par official who pleaded guilty to providing an FDA employee an illegal gratuity of 3,000 was sentenced by a federal judge in Baltimore to one year of community service and a 150,000 fine

( S ( NP-SBJ-1 ( NNP Mr. ) ( NNP Patel ) ) ( ADVP ( RB also ) ) ( VP ( VBD was ) ( VP ( VBN placed ) ( PP-CLR ( IN on ) ( NP ( NP ( CD three ) ( NNS years ) ( POS ' ) ) ( NN probation ) ) ) ) ) )

Mr. Patel also was placed on three years ' probation

( S ( NP-SBJ ( NNP Mr. ) ( NNP Patel ) ) ( VP ( VBD resigned ) ( PP ( IN as ) ( NP ( NP ( JJ senior ) ( NN vice ) ( NN president ) ) ( PP ( IN of ) ( NP ( NNP Par ) ) ) ) ) ( PP-TMP ( IN in ) ( NP ( NNP April ) ) ) ) )

Mr. Patel resigned as senior vice president of Par in April

( S ( PP-TMP ( IN In ) ( NP ( NNP July ) ) ) ( NP-SBJ-1 ( NP ( NNP Par ) ) ( CC and ) ( NP ( DT a ) ( JJ 60%-owned ) ( NN unit ) ) ) ( VP ( VBD agreed ) ( S ( VP ( TO to ) ( VP ( VB plead ) ( ADJP-PRD ( JJ guilty ) ) ( PP-LOC ( IN in ) ( NP ( DT that ) ( NN inquiry ) ) ) ( SBAR-ADV ( IN as ) ( SINV ( VBD did ) ( NP-SBJ ( DT another ) ( JJ former ) ( NNP Par ) ( NN official ) ) ) ) ) ) ) ) )

In July Par and a 60%-owned unit agreed to plead guilty in that inquiry as did another former Par official

( S ( NP-SBJ-1 ( NNP Mr. ) ( NNP Sawyer ) ) ( VP ( VBD began ) ( S ( VP ( VBG running ) ( NP ( DT the ) ( NN company ) ) ( PP ( IN on ) ( NP ( DT an ) ( JJ interim ) ( NN basis ) ) ) ( PP-TMP ( IN in ) ( NP ( JJ late ) ( NNP September ) ) ) ) ) ) )

Mr. Sawyer began running the company on an interim basis in late September

( S ( NP-SBJ ( NNP Par ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( PRP it ) ) ( VP ( VBD selected ) ( NP ( PRP him ) ) ( PP-CLR ( IN for ) ( NP ( NP ( DT the ) ( NNS posts ) ) ( PP ( IN of ) ( NP ( NP ( NN president ) ) ( CC and ) ( NP ( JJ chief ) ( NN executive ) ) ) ) ) ) ( PP ( IN on ) ( NP ( DT a ) ( JJ permanent ) ( NN basis ) ) ) ( PP-PRP ( IN because ) ( IN of ) ( NP ( NP ( NP ( PRP$ his ) ( NN experience ) ) ( PP-LOC ( IN in ) ( NP ( DT the ) ( NN industry ) ) ) ) ( CC and ) ( NP ( NP ( PRP$ his ) ( NN performance ) ) ( PP-LOC ( IN at ) ( NP ( NNP Par ) ) ) ) ) ) ) ) ) ) )

Par said it selected him for the posts of president and chief executive on a permanent basis because of his experience in the industry and his performance at Par

( S ( NP-SBJ ( NP ( NNP Perry ) ( NNP Levine ) ) ( NP ( NN chairman ) ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( NNP Mr. ) ( NNP Sawyer ) ) ( VP ( VBD had ) ( VP ( VBN taken ) ( NP ( NP ( JJ significant ) ( NNS steps ) ) ( SBAR ( S ( VP ( TO to ) ( VP ( VB restore ) ( NP ( NP ( DT the ) ( NN company ) ( POS 's ) ) ( NX ( NX ( NN credibility ) ) ( CC and ) ( NX ( NX ( NN sense ) ) ( PP ( IN of ) ( NP ( NN professionalism ) ( CC and ) ( NN integrity ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

Perry Levine chairman said Mr. Sawyer had taken significant steps to restore the company 's credibility and sense of professionalism and integrity

( S ( NP-SBJ ( NNS INSURERS ) ) ( VP ( VBP ARE ) ( VP ( VBG FACING ) ( NP ( NP ( NNS billions ) ) ( PP ( IN of ) ( NP ( NNS dollars ) ) ) ( PP-LOC ( IN in ) ( NP ( NP ( NN damage ) ( NNS claims ) ) ( PP ( IN from ) ( NP ( DT the ) ( NNP California ) ( NN quake ) ) ) ) ) ) ) ) )

INSURERS ARE FACING billions of dollars in damage claims from the California quake

( S ( CC But ) ( NP-SBJ-1 ( NP ( JJS most ) ( NNS businesses ) ) ( PP-LOC ( IN in ) ( NP ( NP ( DT the ) ( NNP Bay ) ( NN area ) ) ( PP ( VBG including ) ( NP ( NNP Silicon ) ( NNP Valley ) ) ) ) ) ) ( VP ( VBD were ) ( RB n't ) ( VP ( ADVP-MNR ( RB greatly ) ) ( VBN affected ) ) ) )

But most businesses in the Bay area including Silicon Valley were n't greatly affected

( S ( NP-SBJ ( NP ( NN Computer ) ( CC and ) ( NN software ) ( NNS companies ) ) ( PP-LOC ( IN in ) ( NP ( DT the ) ( NN region ) ) ) ) ( VP ( VBP are ) ( VP ( VBG expecting ) ( NP ( NP ( ADJP ( RB virtually ) ( DT no ) ) ( JJ long-term ) ( NN disruption ) ) ( PP-LOC ( IN in ) ( NP ( NNS shipments ) ) ) ) ) ) )

Computer and software companies in the region are expecting virtually no long-term disruption in shipments

( S ( ADVP ( RB Also ) ) ( NP-SBJ ( NNS investors ) ) ( VP ( ADVP-MNR ( RB quickly ) ) ( VBD singled ) ( PRT ( RP out ) ) ( NP ( NP ( NNS stocks ) ) ( PP ( IN of ) ( NP ( NP ( NNS companies ) ) ( VP ( VBN expected ) ( S ( VP ( TO to ) ( VP ( VB profit ) ( CC or ) ( VB suffer ) ( PP-CLR ( IN from ) ( NP ( DT the ) ( NN disaster ) ) ) ) ) ) ) ) ) ) ) )

Also investors quickly singled out stocks of companies expected to profit or suffer from the disaster

( S ( NP-SBJ-1 ( JJ Leveraged ) ( NNS buy-outs ) ) ( VP ( MD may ) ( VP ( VB be ) ( VP ( VBN curbed ) ( PP-LGS ( IN by ) ( NP ( NP ( CD two ) ( NNS rules ) ) ( PP-LOC ( IN in ) ( NP ( VBG pending ) ( JJ congressional ) ( NN legislation ) ) ) ) ) ) ) ) )

Leveraged buy-outs may be curbed by two rules in pending congressional legislation

( S ( NP-SBJ ( NP ( DT The ) ( NNS provisions ) ) ( PP-LOC ( IN in ) ( NP ( NP ( JJ deficit-reduction ) ( NNS bills ) ) ( VP ( ADVP-TMP ( RB recently ) ) ( VBN passed ) ( PP ( IN by ) ( NP-LGS ( DT the ) ( NNP House ) ( CC and ) ( NNP Senate ) ) ) ) ) ) ) ( VP ( MD could ) ( VP ( VP ( VB raise ) ( NP ( NP ( DT the ) ( NN price ) ( NNS tags ) ) ( PP ( IN of ) ( NP ( JJ such ) ( NNS deals ) ) ) ) ( PP-EXT ( IN by ) ( NP ( QP ( IN up ) ( TO to ) ( CD 10 ) ) ( NN % ) ) ) ) ( CC and ) ( VP ( VB cool ) ( NP ( DT the ) ( NN takeover ) ( NN boom ) ) ) ) ) )

The provisions in deficit-reduction bills recently passed by the House and Senate could raise the price tags of such deals by up to 10 % and cool the takeover boom

( S ( NP-SBJ ( NP ( DT A ) ( NN bill ) ) ( VP ( VBG giving ) ( NP ( DT the ) ( NNP Transportation ) ( NNP Department ) ) ( NP ( DT the ) ( NN power ) ( S ( VP ( TO to ) ( VP ( VB block ) ( NP ( NN airline ) ( JJ leveraged ) ( NNS buy-outs ) ) ) ) ) ) ) ) ( VP ( VBD cleared ) ( NP ( DT a ) ( NN House ) ( NN panel ) ) ) )

A bill giving the Transportation Department the power to block airline leveraged buy-outs cleared a House panel

( S ( CC But ) ( NP-SBJ ( NNP Secretary ) ( NNP Skinner ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( PRP he ) ) ( VP ( MD would ) ( VP ( VB urge ) ( NP-1 ( NNP Bush ) ) ( S ( VP ( TO to ) ( VP ( VB veto ) ( NP ( DT the ) ( NN bill ) ) ) ) ) ) ) ) ) ) )

But Secretary Skinner said he would urge Bush to veto the bill

( S ( NP-SBJ ( NN Housing ) ( NNS starts ) ) ( VP ( VBD sank ) ( NP-EXT ( CD 5.2 ) ( NN % ) ) ( PP-TMP ( IN in ) ( NP ( NNP September ) ) ) ( PP-DIR ( TO to ) ( NP ( DT a ) ( JJ seven-year ) ( JJ low ) ) ) ) )

Housing starts sank 5.2 % in September to a seven-year low

( S ( NP-SBJ ( DT The ) ( NN drop ) ) ( PP-TMP ( VBG following ) ( NP ( NP ( DT a ) ( ADJP ( CD 6.2 ) ( NN % ) ) ( NN decline ) ) ( PP-TMP ( IN in ) ( NP ( NNP August ) ) ) ) ) ( VP ( VBZ indicates ) ( SBAR ( S ( NP-SBJ-1 ( DT the ) ( NN industry ) ) ( VP ( VBZ is ) ( ADVP-TMP ( RB still ) ) ( VP ( VBG being ) ( VP ( VBN hurt ) ( PP ( IN by ) ( NP-LGS ( NP ( DT the ) ( NNP Fed ) ( POS 's ) ) ( JJ anti-inflation ) ( NN battle ) ) ) ) ) ) ) ) ) )

The drop following a 6.2 % decline in August indicates the industry is still being hurt by the Fed 's anti-inflation battle

( S ( NP-SBJ-1 ( NNP IBM ) ) ( VP ( VBZ plans ) ( S ( VP ( TO to ) ( VP ( VB buy ) ( PRT ( RP back ) ) ( NP ( NP ( QP ( CD 1 ) ( CD billion ) ) ) ( PP ( IN of ) ( NP ( PRP$ its ) ( JJ common ) ( NNS shares ) ) ) ) ( NP-ADV ( NP ( DT a ) ( NN move ) ) ( ADJP ( RB likely ) ( S ( VP ( TO to ) ( VP ( VB help ) ( NP ( NP ( DT the ) ( NN computer ) ( NN giant ) ( POS 's ) ) ( JJ battered ) ( NN stock ) ) ) ) ) ) ) ) ) ) ) )

IBM plans to buy back 1 billion of its common shares a move likely to help the computer giant 's battered stock

( S ( NP-SBJ-1 ( NP ( DT The ) ( NN buy-back ) ) ( SBAR ( WHNP-2 ( WDT which ) ) ( S ( VP ( VBD was ) ( RB n't ) ( NP-PRD ( DT a ) ( JJ complete ) ( NN surprise ) ) ) ) ) ) ( VP ( VBD was ) ( VP ( VBN announced ) ( SBAR-TMP ( IN after ) ( S ( NP-SBJ ( DT the ) ( NN stock ) ( NN market ) ) ( VP ( VBD had ) ( VP ( VBN closed ) ) ) ) ) ) ) )

The buy-back which was n't a complete surprise was announced after the stock market had closed

( S ( NP-SBJ-1 ( DT A ) ( NNS capital-gains ) ( NN tax ) ( NN cut ) ( NN plan ) ) ( VP ( VBZ has ) ( VP ( VBN been ) ( VP ( VBN worked ) ( PRT ( RP out ) ) ( PP ( IN by ) ( NP-LGS ( NNP Senate ) ( NNPS Republicans ) ) ) ) ) ) )

A capital-gains tax cut plan has been worked out by Senate Republicans

( S ( NP-SBJ-1 ( DT A ) ( JJ similar ) ( NN proposal ) ) ( VP ( MD may ) ( VP ( VB be ) ( VP ( VBN introduced ) ( ADVP-TMP ( RB soon ) ) ( PP ( IN by ) ( NP-LGS ( NNP Senate ) ( NNPS Democrats ) ) ) ) ) ) )

A similar proposal may be introduced soon by Senate Democrats

( S ( NP-SBJ ( NNP British ) ( NNP Airways ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( PRP it ) ) ( VP ( VBZ is ) ( VP ( VBG seeking ) ( NP ( NP ( JJ improved ) ( NNS terms ) ) ( CC and ) ( NP ( DT a ) ( ADJP ( RB sharply ) ( JJR lower ) ) ( NN price ) ) ) ( PP-LOC ( IN in ) ( NP ( NP ( DT any ) ( VBN revised ) ( NN bid ) ) ( PP ( IN for ) ( NP ( NP ( NNP United ) ( NNP Air ) ( POS 's ) ) ( NN parent ) ) ) ) ) ) ) ) ) ) )

British Airways said it is seeking improved terms and a sharply lower price in any revised bid for United Air 's parent

( S ( NP-SBJ ( DT The ) ( JJ British ) ( NN carrier ) ) ( ADVP ( RB also ) ) ( VP ( VBD confirmed ) ( SBAR ( S ( NP-SBJ ( PRP it ) ) ( VP ( VBZ is ) ( RB n't ) ( ADJP-PRD ( VBN committed ) ( PP ( TO to ) ( S-NOM ( VP ( VBG going ) ( ADVP-DIR ( RB forward ) ) ( PP-CLR ( IN with ) ( NP ( DT any ) ( JJ new ) ( NN bid ) ) ) ) ) ) ) ) ) ) ) )

The British carrier also confirmed it is n't committed to going forward with any new bid

( S ( NP-SBJ ( NP ( NNP UAL ) ( POS 's ) ) ( NN stock ) ) ( VP ( VBD fell ) ( NP-EXT ( CD 6.25 ) ) ( PP-DIR ( TO to ) ( NP ( CD 191.75 ) ) ) ) )

UAL 's stock fell 6.25 to 191.75

( S ( NP-SBJ ( NN Stock ) ( NNS prices ) ) ( VP ( VBD rose ) ( ADVP-CLR ( RB slightly ) ) ( SBAR-TMP ( IN as ) ( S ( NP-SBJ ( NN trading ) ) ( VP ( VBD slowed ) ) ) ) ( SBAR-ADV ( IN while ) ( S ( NP-SBJ-1 ( NNS bonds ) ) ( VP ( VBD ended ) ( S-CLR ( ADJP-PRD ( RB little ) ( VBN changed ) ) ) ( PP ( IN despite ) ( NP ( DT a ) ( VBG slumping ) ( NN dollar ) ) ) ) ) ) ) )

Stock prices rose slightly as trading slowed while bonds ended little changed despite a slumping dollar

( S ( NP-SBJ ( DT The ) ( NNP Dow ) ( NNP Jones ) ( NNS industrials ) ) ( VP ( VBD gained ) ( NP ( CD 4.92 ) ) ( PP-DIR ( TO to ) ( NP ( CD 2643.65 ) ) ) ) )

The Dow Jones industrials gained 4.92 to 2643.65

( S ( CC But ) ( NP-SBJ ( NNS investors ) ) ( VP ( VBP remain ) ( ADJP-PRD ( JJ wary ) ( PP ( IN about ) ( NP ( NNS stocks ) ) ) ) ( PP-PRP ( ADVP ( RB partly ) ) ( IN because ) ( IN of ) ( NP ( NP ( NN turmoil ) ) ( PP-LOC ( IN in ) ( NP ( DT the ) ( NN junk-bond ) ( NN market ) ) ) ) ) ) )

But investors remain wary about stocks partly because of turmoil in the junk-bond market

( S ( NP-SBJ ( NNP B.A.T ) ( NNP Industries ) ) ( VP ( MD may ) ( VP ( VB delay ) ( NP ( NP ( NN part ) ) ( PP ( IN of ) ( NP ( PRP$ its ) ( JJ defensive ) ( NN restructuring ) ( NN plan ) ) ) ( PP ( VBG including ) ( NP ( NP ( DT the ) ( NN sale ) ) ( PP ( IN of ) ( NP ( PRP$ its ) ( NNP Saks ) ( NNP Fifth ) ( NNP Avenue ) ( CC and ) ( NNP Marshall ) ( NNP Field ) ( NNS units ) ) ) ) ) ) ) ) )

B.A.T Industries may delay part of its defensive restructuring plan including the sale of its Saks Fifth Avenue and Marshall Field units

( S ( NP-SBJ ( DT The ) ( JJ British ) ( NN conglomerate ) ) ( VP ( VBD cited ) ( NP ( NP ( DT the ) ( JJ recent ) ( NN turmoil ) ) ( PP-LOC ( IN in ) ( NP ( JJ financial ) ( NNS markets ) ) ) ) ) )

The British conglomerate cited the recent turmoil in financial markets

( S ( NP-SBJ ( NNP WCRS ) ( NNP Group ) ) ( VP ( VBD announced ) ( NP ( NP ( DT a ) ( JJ major ) ( NN restructuring ) ) ( SBAR ( WHNP-1 ( WDT that ) ) ( S ( VP ( ADVP ( RB largely ) ) ( VBZ removes ) ( NP ( PRP it ) ) ( PP-DIR ( IN from ) ( NP ( DT the ) ( NN advertising ) ( NN business ) ) ) ) ) ) ) ) )

WCRS Group announced a major restructuring that largely removes it from the advertising business

( S ( NP-SBJ ( DT The ) ( JJ London-based ) ( NN concern ) ) ( VP ( MD will ) ( VP ( VB sell ) ( NP ( NP ( JJS most ) ) ( PP ( IN of ) ( NP ( PRP$ its ) ( NN ad ) ( NN unit ) ) ) ) ( PP-DTV ( TO to ) ( NP ( NP ( NNP France ) ( POS 's ) ) ( NNP Eurocom ) ) ) ) ) )

The London-based concern will sell most of its ad unit to France 's Eurocom

( S ( NP-SBJ-1 ( NNP Commodore ) ( NNP International ) ) ( VP ( VBZ expects ) ( S ( VP ( TO to ) ( VP ( VB post ) ( NP ( PRP$ its ) ( JJ second ) ( JJ consecutive ) ( JJ quarterly ) ( NN loss ) ) ( PP-PRP ( IN because ) ( IN of ) ( NP ( NP ( JJ weak ) ( JJ personal ) ( NN computer ) ( NNS sales ) ) ( PP-LOC ( IN in ) ( NP ( DT some ) ( NNS markets ) ) ) ) ) ) ) ) ) )

Commodore International expects to post its second consecutive quarterly loss because of weak personal computer sales in some markets

( S ( NP-SBJ-2 ( NNP Jaguar ) ) ( VP ( VBZ hopes ) ( S ( VP ( TO to ) ( VP ( VB reach ) ( NP ( NP ( DT a ) ( JJ friendly ) ( NN accord ) ) ( PP ( IN with ) ( NP ( NNP General ) ( NNP Motors ) ) ) ) ( PP-TMP ( IN within ) ( NP ( DT a ) ( NN month ) ) ) ( SBAR-1 ( WHNP-3 ( WDT that ) ) ( S ( VP ( MD may ) ( VP ( VB involve ) ( S ( VP ( VBG producing ) ( NP ( DT a ) ( JJR cheaper ) ( JJ executive ) ( NN model ) ) ) ) ) ) ) ) ) ) ) ) )

Jaguar hopes to reach a friendly accord with General Motors within a month that may involve producing a cheaper executive model

( S ( S-TPC-1 ( NP-SBJ-2 ( NNP Sears ) ) ( VP ( VBZ is ) ( VP ( VBG negotiating ) ( S-PRP ( VP ( TO to ) ( VP ( VB refinance ) ( NP ( PRP$ its ) ( NNP Sears ) ( NNP Tower ) ) ( PP-CLR ( IN for ) ( NP ( QP ( RB close ) ( TO to ) ( CD 850 ) ( CD million ) ) ) ) ) ) ) ) ) ) ( NP-SBJ ( NNS sources ) ) ( VP ( VBD said ) ) )

Sears is negotiating to refinance its Sears Tower for close to 850 million sources said

( S ( NP-SBJ-1 ( DT The ) ( NN retailer ) ) ( VP ( VBD was ) ( ADJP-PRD ( JJ unable ) ( S ( VP ( TO to ) ( VP ( VB find ) ( NP ( NP ( DT a ) ( NN buyer ) ) ( PP ( IN for ) ( NP ( DT the ) ( NN building ) ) ) ) ) ) ) ) ) )

The retailer was unable to find a buyer for the building

( S ( NP-SBJ-1 ( NP ( NNP Whitbread ) ) ( PP ( IN of ) ( NP ( NNP Britain ) ) ) ) ( VP ( VBD put ) ( NP ( PRP$ its ) ( NNS spirits ) ( NN division ) ) ( ADVP-CLR ( RB up ) ( PP ( IN for ) ( NP ( NN sale ) ) ) ) ( S-ADV ( VP ( VBG setting ) ( PRT ( RP off ) ) ( NP ( NP ( DT a ) ( NN scramble ) ) ( PP-LOC ( IN among ) ( NP ( NNS distillers ) ) ) ) ) ) ) )

Whitbread of Britain put its spirits division up for sale setting off a scramble among distillers

( S ( NP-SBJ ( DT The ) ( NN business ) ) ( VP ( VBZ includes ) ( NP ( NNP Beefeater ) ( NN gin ) ) ) )

The business includes Beefeater gin

( NP-HLN ( NNS Markets ) )

Markets

( NP ( NP ( NNS Stocks ) ) ( NP ( NP ( NN Volume ) ) ( NP ( CD 166,900,000 ) ( NNS shares ) ) ) )

Stocks Volume 166,900,000 shares

( NP ( NP ( NP ( NNP Dow ) ( NNP Jones ) ( VBZ industrials ) ) ( NP ( CD 2643.65 ) ) ( ADVP ( RB up ) ( NP ( CD 4.92 ) ) ) ) ( NP ( NP ( NN transportation ) ) ( NP ( CD 1247.87 ) ) ( ADVP ( RB off ) ( NP ( CD 6.40 ) ) ) ) ( NP ( NP ( NNS utilities ) ) ( NP ( CD 213.97 ) ) ( ADVP ( RB off ) ( NP ( CD 0.57 ) ) ) ) )

Dow Jones industrials 2643.65 up 4.92 transportation 1247.87 off 6.40 utilities 213.97 off 0.57

( NP ( NP ( NNS Bonds ) ) ( NP ( NP ( NNP Shearson ) ( NNP Lehman ) ( NNP Hutton ) ( NNP Treasury ) ( NN index ) ) ( NP ( CD 3371.36 ) ) ( ADVP ( RB off ) ) ) )

Bonds Shearson Lehman Hutton Treasury index 3371.36 off

( NP ( NP ( NNS Commodities ) ) ( NP ( NP ( NP ( NNP Dow ) ( NNP Jones ) ( NNS futures ) ( NN index ) ) ( NP ( CD 129.90 ) ) ( ADVP ( RB up ) ( NP ( CD 0.18 ) ) ) ) ( NP ( NP ( NN spot ) ( NN index ) ) ( NP ( CD 130.36 ) ) ( ADVP ( RB up ) ( NP ( CD 0.39 ) ) ) ) ) )

Commodities Dow Jones futures index 129.90 up 0.18 spot index 130.36 up 0.39

( NP ( NP ( NN Dollar ) ) ( NP ( NP ( NP ( CD 141.45 ) ( NN yen ) ) ( ADVP ( RB off ) ( NP ( CD 1.30 ) ) ) ) ( NP ( NP ( CD 1.8485 ) ( NNS marks ) ) ( ADVP ( RB off ) ( NP ( CD 0.0182 ) ) ) ) ) )

Dollar 141.45 yen off 1.30 1.8485 marks off 0.0182

( S ( NP-SBJ ( NNP Cincinnati ) ( NNP Microwave ) ( NNP Inc. ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( PRP it ) ) ( VP ( VBD introduced ) ( NP ( CD two ) ( NN radar ) ( NNS detectors ) ) ) ) ) ) )

Cincinnati Microwave Inc. said it introduced two radar detectors

( S ( S-TPC-2 ( NP-SBJ-1 ( NP ( CD One ) ( NN unit ) ) ( VP ( VBD called ) ( S ( NP-PRD ( DT the ) ( NNP Escort ) ) ) ) ) ( VP ( VBZ uses ) ( NP ( DT a ) ( JJ new ) ( JJ digital ) ( JJ signal-processing ) ( NN technology ) ) ( S-CLR ( VP ( TO to ) ( VP ( VB detect ) ( NP ( NN radar ) ( NNS signals ) ) ( ADVP-TMP ( ADVP ( RB much ) ( RBR sooner ) ) ( SBAR ( IN than ) ( S ( VP ( VBD was ) ( ADVP-TMP ( RB previously ) ) ( ADJP-PRD ( JJ possible ) ) ) ) ) ) ) ) ) ) ) ( NP-SBJ ( DT the ) ( NN company ) ) ( VP ( VBD said ) ) )

One unit called the Escort uses a new digital signal-processing technology to detect radar signals much sooner than was previously possible the company said

( S ( S-TPC-2 ( NP-SBJ ( NP ( DT The ) ( JJ other ) ) ( VP ( VBN called ) ( S ( NP-PRD ( DT the ) ( NNP Solo ) ) ) ) ) ( VP ( VP ( VBZ is ) ( ADJP-PRD ( NN battery ) ( VBN operated ) ) ) ( CC and ) ( VP ( VBZ is ) ( NP-PRD ( NP ( DT the ) ( JJ first ) ( JJ high-performance ) ( NN radar ) ( NN detector ) ) ( SBAR ( WHNP-1 ( WDT that ) ) ( S ( VP ( VBZ does ) ( RB n't ) ( VP ( VB need ) ( NP ( DT a ) ( NN power ) ( NN cord ) ) ) ) ) ) ) ) ) ) ( NP-SBJ ( DT the ) ( NN company ) ) ( VP ( VBD said ) ) )

The other called the Solo is battery operated and is the first high-performance radar detector that does n't need a power cord the company said

( S ( NP-SBJ ( DT The ) ( NNP Arizona ) ( NNP Corporations ) ( NNP Commission ) ) ( VP ( VBD authorized ) ( NP ( NP ( DT an ) ( ADJP ( CD 11.5 ) ) ( NN % ) ( NN rate ) ( NN increase ) ) ( PP-LOC ( IN at ) ( NP ( NNP Tucson ) ( NNP Electric ) ( NNP Power ) ( NNP Co. ) ) ) ( UCP ( ADJP ( ADJP ( RB substantially ) ( JJR lower ) ) ( SBAR ( IN than ) ( S ( VP ( VBN recommended ) ( NP-TMP ( JJ last ) ( NN month ) ) ( PP ( IN by ) ( NP-LGS ( DT a ) ( NN commission ) ( NN hearing ) ( NN officer ) ) ) ) ) ) ) ( CC and ) ( NP ( NP ( QP ( RB barely ) ( PDT half ) ) ( DT the ) ( NN rise ) ) ( VP ( VBN sought ) ( PP ( IN by ) ( NP-LGS ( DT the ) ( NN utility ) ) ) ) ) ) ) ) )

The Arizona Corporations Commission authorized an 11.5 % rate increase at Tucson Electric Power Co. substantially lower than recommended last month by a commission hearing officer and barely half the rise sought by the utility

( S ( NP-SBJ ( DT The ) ( NN ruling ) ) ( VP ( VBZ follows ) ( NP ( NP ( DT a ) ( NN host ) ) ( PP ( IN of ) ( NP ( NNS problems ) ) ) ( PP-LOC ( IN at ) ( NP ( NNP Tucson ) ( NNP Electric ) ) ) ( PP ( VBG including ) ( NP ( NP ( JJ major ) ( NNS write-downs ) ) ( NP ( NP ( DT a ) ( ADJP ( CD 60 ) ( NN % ) ) ( NN slash ) ) ( PP-LOC ( IN in ) ( NP ( DT the ) ( JJ common ) ( NN stock ) ( NN dividend ) ) ) ) ( CC and ) ( NP ( NP ( DT the ) ( NN departure ) ) ( PP ( IN of ) ( NP ( JJ former ) ( NNP Chairman ) ( NNP Einar ) ( NNP Greve ) ) ) ( PP-TMP ( IN during ) ( NP ( NP ( DT a ) ( NN company ) ( NN investigation ) ) ( PP ( IN of ) ( NP ( PRP$ his ) ( NN stock ) ( NNS sales ) ) ) ) ) ) ) ) ) ) )

The ruling follows a host of problems at Tucson Electric including major write-downs a 60 % slash in the common stock dividend and the departure of former Chairman Einar Greve during a company investigation of his stock sales

( S ( NP-SBJ ( DT The ) ( NNP Arizona ) ( JJ regulatory ) ( NN ruling ) ) ( VP ( VBZ calls ) ( PP-CLR ( IN for ) ( NP ( NP ( QP ( CD 42 ) ( CD million ) ) ) ( PP-LOC ( IN in ) ( NP ( JJ added ) ( NN revenue ) ) ) ( ADVP-TMP ( RB yearly ) ) ( PP ( VBN compared ) ( PP ( IN with ) ( NP ( NP ( DT a ) ( ADJP ( QP ( CD 57 ) ( CD million ) ) ) ( NN boost ) ) ( VP ( VBN proposed ) ( PP ( IN by ) ( NP-LGS ( DT the ) ( NN commission ) ( NN hearing ) ( NN officer ) ) ) ) ) ) ) ) ) ) )

The Arizona regulatory ruling calls for 42 million in added revenue yearly compared with a 57 million boost proposed by the commission hearing officer

( S ( NP-SBJ ( DT The ) ( NN company ) ) ( VP ( VBD had ) ( VP ( VBN sought ) ( NP ( NP ( NNS increases ) ) ( VP ( VBG totaling ) ( NP ( NP ( QP ( CD 80.3 ) ( CD million ) ) ) ( CC or ) ( NP ( CD 22 ) ( NN % ) ) ) ) ) ) ) )

The company had sought increases totaling 80.3 million or 22 %

( S ( NP-SBJ-1 ( DT The ) ( NN decision ) ) ( VP ( VBD was ) ( VP ( VBN announced ) ( SBAR-TMP ( IN after ) ( S ( NP-SBJ ( NN trading ) ) ( VP ( VBD ended ) ) ) ) ) ) )

The decision was announced after trading ended

( S ( NP-SBJ ( NNP Tucson ) ( NNP Electric ) ) ( VP ( VBD closed ) ( PP-CLR ( IN at ) ( NP ( NP ( CD 20.875 ) ) ( NP-ADV ( DT a ) ( NN share ) ) ) ) ( ADVP ( RB down ) ( NP ( CD 25 ) ( NNS cents ) ) ) ( PP-LOC ( IN in ) ( NP ( NNP New ) ( NNP York ) ( NNP Stock ) ( NNP Exchange ) ( JJ composite ) ( NN trading ) ) ) ) )

Tucson Electric closed at 20.875 a share down 25 cents in New York Stock Exchange composite trading

( S ( NP-SBJ ( DT A ) ( NNP Tucson ) ( NNP Electric ) ( NN spokesman ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( DT the ) ( NN utility ) ) ( VP ( VBD was ) ( ADJP-PRD ( ADJP ( VBN disappointed ) ( PP ( IN by ) ( NP ( NP ( DT the ) ( NN commission ) ( POS 's ) ) ( NN decision ) ) ) ) ( CC and ) ( ADJP ( JJ concerned ) ( PP ( IN about ) ( NP ( NP ( DT the ) ( JJ financial ) ( NN integrity ) ) ( PP ( IN of ) ( NP ( DT the ) ( NN company ) ) ) ) ) ) ) ) ) ) ) )

A Tucson Electric spokesman said the utility was disappointed by the commission 's decision and concerned about the financial integrity of the company

( S ( NP-SBJ ( DT The ) ( NNP House ) ( NNP Ethics ) ( NNP Committee ) ) ( VP ( VP ( ADVP-MNR ( RB officially ) ) ( VBD cited ) ( NP-1 ( NP ( NNP Rep. ) ( NNP Jim ) ( NNP Bates ) ) ( PRN ( NP ( NNP D. ) ) ( NP-LOC ( NNP Calif ) ) ) ) ( PP-PRP ( IN for ) ( S-NOM ( VP ( ADVP-MNR ( RB sexually ) ) ( VBG harassing ) ( NP ( CD two ) ( JJ female ) ( NNS employees ) ) ) ) ) ) ( CC but ) ( VP ( VBD did ) ( RB n't ) ( VP ( VB recommend ) ( NP ( JJ formal ) ( JJ disciplinary ) ( NN action ) ) ) ) ) )

The House Ethics Committee officially cited Rep. Jim Bates D. Calif for sexually harassing two female employees but did n't recommend formal disciplinary action

( S ( S ( NP-SBJ ( NNP Rep. ) ( NNP Bates ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( PRP he ) ) ( VP ( VBD accepted ) ( NP ( DT the ) ( NN finding ) ) ) ) ) ) ) ( CC but ) ( S ( NP-SBJ ( NP ( NP ( CD one ) ) ( PP ( IN of ) ( NP ( DT the ) ( NNS victims ) ) ) ) ( NP ( NNP Dorena ) ( NNP Bertussi ) ) ) ( VP ( VBD denounced ) ( NP ( NP ( DT the ) ( NNS ethics ) ( NN panel ) ( POS 's ) ) ( NN action ) ) ( PP-CLR ( IN as ) ( ADJP ( JJ absurd ) ) ) ) ) )

Rep. Bates said he accepted the finding but one of the victims Dorena Bertussi denounced the ethics panel 's action as absurd

( S ( S-ADV ( VP ( VBG Acting ) ( SBAR-TMP ( NP ( QP ( RBR more ) ( IN than ) ( DT a ) ) ( NN year ) ) ( IN after ) ( S ( NP-SBJ ( NNP Ms. ) ( NNP Bertussi ) ) ( VP ( VBD filed ) ( NP ( DT a ) ( NN complaint ) ) ) ) ) ) ) ( NP-SBJ-2 ( DT the ) ( NN panel ) ) ( VP ( VBD issued ) ( NP ( NP ( DT a ) ( NN letter ) ) ( PP ( IN of ) ( NP ( NN reproval ) ) ) ( VP ( VBG saying ) ( SBAR ( S ( NP-SBJ ( NNP Rep. ) ( NNP Bates ) ) ( VP ( VBD had ) ( VP ( VBN admitted ) ( NP ( NP ( NN conduct ) ) ( SBAR ( WHNP-1 ( WDT that ) ) ( S ( VP ( VBD violated ) ( NP ( NP ( DT a ) ( NNP House ) ( NN rule ) ) ( VP ( VBG forbidding ) ( NP ( NP ( NN discrimination ) ) ( PP ( IN against ) ( NP ( NNS employees ) ) ) ( PP ( IN on ) ( NP ( NP ( NN account ) ) ( PP ( IN of ) ( NP ( PRP$ their ) ( NN sex ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

Acting more than a year after Ms. Bertussi filed a complaint the panel issued a letter of reproval saying Rep. Bates had admitted conduct that violated a House rule forbidding discrimination against employees on account of their sex

( S ( NP-SBJ ( PRP It ) ) ( VP ( VBD ordered ) ( NP-1 ( NNP Rep. ) ( NNP Bates ) ) ( S ( VP ( TO to ) ( VP ( VB write ) ( NP ( NP ( NNS letters ) ) ( PP ( IN of ) ( NP ( NN apology ) ) ) ( PP ( PP ( TO to ) ( NP ( NNP Ms. ) ( NNP Bertussi ) ) ) ( CC and ) ( PP ( TO to ) ( NP ( NP ( DT a ) ( JJ second ) ( NN complainant ) ) ( NP ( NNP Karen ) ( NNP Dryden ) ) ) ) ) ) ) ) ) ) )

It ordered Rep. Bates to write letters of apology to Ms. Bertussi and to a second complainant Karen Dryden

( S ( NP-SBJ ( NNP Rep. ) ( NNP Bates ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( PRP he ) ) ( VP ( MD would ) ( VP ( VB write ) ( NP ( DT the ) ( NNS letters ) ) ( SBAR-ADV ( IN as ) ( S ( VP ( VBN ordered ) ) ) ) ) ) ) ) ) )

Rep. Bates said he would write the letters as ordered

( S ( S-TPC-1 ( NP-SBJ ( PRP I ) ) ( VP ( VBP accept ) ( NP ( NP ( DT the ) ( NN resolution ) ) ( PP ( IN of ) ( NP ( DT the ) ( NN matter ) ) ) ( PP ( IN by ) ( NP ( DT the ) ( NNP Ethics ) ( NNP Committee ) ) ) ) ) ) ( NP-SBJ ( PRP he ) ) ( VP ( VBD said ) ) )

I accept the resolution of the matter by the Ethics Committee he said

( S ( NP-SBJ ( DT The ) ( NN panel ) ) ( ADVP ( RB also ) ) ( VP ( VBD warned ) ( NP ( NNP Rep. ) ( NNP Bates ) ) ( SBAR ( IN that ) ( S ( NP-SBJ ( DT any ) ( JJ further ) ( NNS violations ) ) ( VP ( MD may ) ( VP ( VB result ) ( PP-CLR ( IN in ) ( NP ( DT a ) ( NN recommendation ) ( SBAR ( IN that ) ( S ( NP-SBJ-1 ( JJ disciplinary ) ( NN action ) ) ( VP ( VB be ) ( VP ( VBN considered ) ) ) ) ) ) ) ) ) ) ) ) )

The panel also warned Rep. Bates that any further violations may result in a recommendation that disciplinary action be considered

( S ( CC But ) ( NP-SBJ ( NNP Ms. ) ( NNP Bertussi ) ) ( VP ( VBD asked ) ( SBARQ ( WHNP-1 ( WHNP ( WP Who ) ) ( PP-LOC ( IN in ) ( NP ( PRP$ their ) ( JJ right ) ( NN mind ) ) ) ) ( SQ ( VP ( VBZ is ) ( VP ( VBG going ) ( S ( VP ( TO to ) ( VP ( VB file ) ( NP ( DT another ) ( NN complaint ) ) ( PP-CLR ( IN with ) ( NP ( DT the ) ( NNP Ethics ) ( NNP Committee ) ) ) ) ) ) ) ) ) ) ) )

But Ms. Bertussi asked Who in their right mind is going to file another complaint with the Ethics Committee

( S ( NP-SBJ-1 ( NNP Rep. ) ( NNP Bates ) ) ( VP ( VP ( VBZ has ) ( VP ( ADVP-MNR ( RB publicly ) ) ( VBN begged ) ( PP-CLR ( IN for ) ( NP ( NP ( NN forgiveness ) ) ( PP ( IN from ) ( NP ( NNS voters ) ) ) ) ) ) ) ( CC and ) ( VP ( VBD was ) ( VP ( VBN re-elected ) ( PP ( IN with ) ( NP ( NP ( CD 60 ) ( NN % ) ) ( PP ( IN of ) ( NP ( DT the ) ( NN vote ) ) ) ) ) ( NP-TMP ( JJ last ) ( NNP November ) ) ) ) ) )

Rep. Bates has publicly begged for forgiveness from voters and was re-elected with 60 % of the vote last November

( S ( NP-SBJ-1 ( NNP Coca-Cola ) ( NNP Co. ) ) ( VP ( MD may ) ( VP ( VB be ) ( VP ( RB about ) ( S ( VP ( TO to ) ( VP ( VB intensify ) ( NP ( DT the ) ( NN cola ) ( NNS wars ) ) ) ) ) ) ) ) )

Coca-Cola Co. may be about to intensify the cola wars

( S ( NP-SBJ ( NNP Coke ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ ( PRP it ) ) ( VP ( MD will ) ( VP ( NN test ) ( VB market ) ( NP ( NP ( DT a ) ( JJ caffeine-free ) ( NN version ) ) ( PP ( IN of ) ( NP ( NP ( PRP$ its ) ( JJ flagship ) ( NN brand ) ) ( NP ( NNP Coca-Cola ) ( NNP Classic ) ) ) ) ) ( PP-TMP ( VBG beginning ) ( NP ( JJ next ) ( NN week ) ) ) ( PP-LOC ( IN in ) ( NP ( NP ( NNP Charlotte ) ) ( NP ( NNP N.C ) ) ) ) ) ) ) ) ) )

Coke said it will test market a caffeine-free version of its flagship brand Coca-Cola Classic beginning next week in Charlotte N.C

( S ( NP-SBJ ( JJ Other ) ( ADJP ( RB as ) ( RB yet ) ( JJ unnamed ) ) ( NNS cities ) ) ( VP ( MD will ) ( VP ( VB follow ) ) ) )

Other as yet unnamed cities will follow

( S ( S-TPC-2 ( SBAR-ADV ( IN If ) ( S ( NP-SBJ ( DT all ) ) ( VP ( VBZ goes ) ( ADVP-MNR ( RB well ) ) ) ) ) ( NP-SBJ-1 ( DT the ) ( NN product ) ) ( VP ( MD will ) ( VP ( VB be ) ( VP ( VBN rolled ) ( PRT ( RP out ) ) ( PP-PRP ( IN for ) ( NP ( JJ national ) ( NNS sales ) ) ) ( NP-TMP ( RB sometime ) ( IN next ) ( NN year ) ) ) ) ) ) ( NP-SBJ ( DT a ) ( NNP Coke ) ( NN spokesman ) ) ( VP ( VBD said ) ) )

If all goes well the product will be rolled out for national sales sometime next year a Coke spokesman said

( S ( PP-TMP ( IN After ) ( NP ( NP ( DT the ) ( NN confusion ) ) ( VP ( VBG surrounding ) ( NP ( NP ( DT the ) ( NN change ) ) ( PP ( IN of ) ( NP ( DT the ) ( NNP Coke ) ( NN formula ) ) ) ) ) ( PP-TMP ( IN in ) ( NP ( CD 1985 ) ) ) ) ) ( NP-SBJ-1 ( NNP Coca-Cola ) ) ( VP ( VBD was ) ( ADJP-PRD ( JJ reluctant ) ( S ( VP ( TO to ) ( VP ( VB clutter ) ( NP ( DT the ) ( NNP Classic ) ( NN name ) ) ( PP ( IN with ) ( NP ( DT a ) ( NN brand ) ( NN extension ) ) ) ) ) ) ) ) )

After the confusion surrounding the change of the Coke formula in 1985 Coca-Cola was reluctant to clutter the Classic name with a brand extension

( S ( CC But ) ( ADVP-TMP ( RB now ) ) ( NP-SBJ-1 ( DT the ) ( NN soft-drink ) ( NN giant ) ) ( VP ( VBZ appears ) ( ADJP-PRD ( JJ willing ) ( S ( VP ( TO to ) ( VP ( VB take ) ( NP ( DT the ) ( NN risk ) ) ) ) ) ) ) )

But now the soft-drink giant appears willing to take the risk

( SINV ( S-TPC-1 ( S ( NP-SBJ ( DT The ) ( NN name ) ( NNP Classic ) ( NNP Coke ) ) ( VP ( VBZ has ) ( NP ( JJ tremendous ) ( NN value ) ) ) ) ( CC and ) ( S ( NP-SBJ ( PRP they ) ) ( VP ( VBP have ) ( RB n't ) ( VP ( VBN merchandised ) ( NP ( DT that ) ( NN name ) ) ( ADVP-TMP ( RB before ) ) ) ) ) ) ( VP ( VBZ says ) ) ( NP-SBJ ( NP ( NNP Jesse ) ( NNP Meyers ) ) ( NP ( NP ( NN publisher ) ) ( PP ( IN of ) ( NP ( NP ( DT the ) ( NN trade ) ( NN journal ) ) ( NP ( NNP Beverage ) ( NNP Digest ) ) ) ) ) ) )

The name Classic Coke has tremendous value and they have n't merchandised that name before says Jesse Meyers publisher of the trade journal Beverage Digest

( S ( NP-SBJ ( DT The ) ( NNP Coke ) ( NN spokesman ) ) ( VP ( VBD said ) ( SBAR ( S ( NP-SBJ-1 ( DT a ) ( JJ caffeine-free ) ( NN Classic ) ) ( VP ( MD should ) ( VP ( VB help ) ( S ( VP ( VB increase ) ( NP ( NP ( NN volume ) ) ( PP ( IN of ) ( NP ( DT the ) ( JJ original ) ( NN brand ) ) ) ) ) ) ) ) ) ) ) )

The Coke spokesman said a caffeine-free Classic should help increase volume of the original brand