📄 sec00.tagged
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26 it PRP was VBD just RB another DT one CD of IN the DT risk NN factors NNS '' '' that WDT led VBD to TO the DT company NN 's POS decision NN to TO withdraw VB from IN the DT bidding NN , , he PRP added VBD . .32 Wilbur NNP Ross NNP Jr. NNP of IN Rothschild NNP Inc. NNP , , the DT financial JJ adviser NN to TO the DT troubled JJ company NN 's POS equity NN holders NNS , , said VBD the DT withdrawal NN of IN New NNP England NNP Electric NNP might MD speed VB up IN the DT reorganization NN process NN . .38 The DT fact NN that IN New NNP England NNP proposed VBD lower JJR rate NN increases NNS -- : 4.8 CD % NN over IN seven CD years NNS against IN around IN 5.5 CD % NN boosts NNS proposed VBN by IN the DT other JJ two CD outside JJ bidders NNS -- : complicated JJ negotiations NNS with IN state NN officials NNS , , Mr. NNP Ross NNP asserted VBD . .12 `` `` Now RB the DT field NN is VBZ less RBR cluttered JJ , , '' '' he PRP added VBD . .27 Separately RB , , the DT Federal NNP Energy NNP Regulatory NNP Commission NNP turned VBD down RP for IN now RB a DT request NN by IN Northeast NNP seeking VBG approval NN of IN its PRP$ possible JJ purchase NN of IN PS NNP of IN New NNP Hampshire NNP . .39 Northeast NNP said VBD it PRP would MD refile VB its PRP$ request NN and CC still RB hopes VBZ for IN an DT expedited VBN review NN by IN the DT FERC NNP so RB that IN it PRP could MD complete VB the DT purchase NN by IN next JJ summer NN if IN its PRP$ bid NN is VBZ the DT one CD approved VBN by IN the DT bankruptcy NN court NN . .23 PS NNP of IN New NNP Hampshire NNP shares NNS closed VBD yesterday NN at IN $ $ 3.75 CD , , off RB 25 CD cents NNS , , in IN New NNP York NNP Stock NNP Exchange NNP composite JJ trading NN . .46 Norman NNP Ricken NNP , , 52 CD years NNS old JJ and CC former JJ president NN and CC chief NN operating VBG officer NN of IN Toys NNP `` `` R NNP '' '' Us NNP Inc. NNP , , and CC Frederick NNP Deane NNP Jr. NNP , , 63 CD , , chairman NN of IN Signet NNP Banking NNP Corp. NNP , , were VBD elected VBN directors NNS of IN this DT consumer NN electronics NNS and CC appliances NNS retailing NN chain NN . .27 They PRP succeed VBP Daniel NNP M. NNP Rexinger NNP , , retired VBD Circuit NNP City NNP executive NN vice NN president NN , , and CC Robert NNP R. NNP Glauber NNP , , U.S. NNP Treasury NNP undersecretary NN , , on IN the DT 12-member JJ board NN . .30 Commonwealth NNP Edison NNP Co. NNP was VBD ordered VBN to TO refund VB about IN $ $ 250 CD million CD to TO its PRP$ current JJ and CC former JJ ratepayers NNS for IN illegal JJ rates NNS collected VBN for IN cost NN overruns NNS on IN a DT nuclear JJ power NN plant NN . .34 The DT refund NN was VBD about RB $ $ 55 CD million CD more JJR than IN previously RB ordered VBN by IN the DT Illinois NNP Commerce NNP Commission NNP and CC trade NN groups NNS said VBD it PRP may MD be VB the DT largest JJS ever RB required VBN of IN a DT state NN or CC local JJ utility NN . .43 State NN court NN Judge NNP Richard NNP Curry NNP ordered VBD Edison NNP to TO make VB average JJ refunds NNS of IN about IN $ $ 45 CD to TO $ $ 50 CD each DT to TO Edison NNP customers NNS who WP have VBP received VBN electric JJ service NN since IN April NNP 1986 CD , , including VBG about IN two CD million CD customers NNS who WP have VBP moved VBN during IN that DT period NN . .29 Judge NNP Curry NNP ordered VBD the DT refunds NNS to TO begin VB Feb. NNP 1 CD and CC said VBD that IN he PRP would MD n't RB entertain VB any DT appeals NNS or CC other JJ attempts NNS to TO block VB his PRP$ order NN by IN Commonwealth NNP Edison NNP . .21 `` `` The DT refund NN pool NN ... : may MD not RB be VB held VBN hostage NN through IN another DT round NN of IN appeals NNS , , '' '' Judge NNP Curry NNP said VBD . .20 Commonwealth NNP Edison NNP said VBD it PRP is VBZ already RB appealing VBG the DT underlying VBG commission NN order NN and CC is VBZ considering VBG appealing VBG Judge NNP Curry NNP 's POS order NN . .23 The DT exact JJ amount NN of IN the DT refund NN will MD be VB determined VBN next JJ year NN based VBN on IN actual JJ collections NNS made VBN until IN Dec. NNP 31 CD of IN this DT year NN . .19 Commonwealth NNP Edison NNP said VBD the DT ruling NN could MD force VB it PRP to TO slash VB its PRP$ 1989 CD earnings NNS by IN $ $ 1.55 CD a DT share NN . .18 For IN 1988 CD , , Commonwealth NNP Edison NNP reported VBD earnings NNS of IN $ $ 737.5 CD million CD , , or CC $ $ 3.01 CD a DT share NN . .30 A DT Commonwealth NNP Edison NNP spokesman NN said VBD that IN tracking VBG down RP the DT two CD million CD customers NNS whose WP$ addresses NNS have VBP changed VBN during IN the DT past NN 3 CD 1\/2 CD years NNS would MD be VB `` `` an DT administrative JJ nightmare NN . . '' ''20 In IN New NNP York NNP Stock NNP Exchange NNP composite JJ trading NN yesterday NN , , Commonwealth NNP Edison NNP closed VBD at IN $ $ 38.375 CD , , down RB 12.5 CD cents NNS . .17 The DT $ $ 2.5 CD billion CD Byron NNP 1 CD plant NN near IN Rockford NNP , , Ill. NNP , , was VBD completed VBN in IN 1985 CD . .27 In IN a DT disputed VBN 1985 CD ruling NN , , the DT Commerce NNP Commission NNP said VBD Commonwealth NNP Edison NNP could MD raise VB its PRP$ electricity NN rates NNS by IN $ $ 49 CD million CD to TO pay VB for IN the DT plant NN . .21 But CC state NN courts NNS upheld VBD a DT challenge NN by IN consumer NN groups NNS to TO the DT commission NN 's POS rate NN increase NN and CC found VBD the DT rates NNS illegal JJ . .20 The DT Illinois NNP Supreme NNP Court NNP ordered VBD the DT commission NN to TO audit VB Commonwealth NNP Edison NNP 's POS construction NN expenses NNS and CC refund VB any DT unreasonable JJ expenses NNS . .23 The DT utility NN has VBZ been VBN collecting VBG for IN the DT plant NN 's POS construction NN cost NN from IN its PRP$ 3.1 CD million CD customers NNS subject JJ to TO a DT refund NN since IN 1986 CD . .31 In IN August NNP , , the DT commission NN ruled VBD that IN between IN $ $ 190 CD million CD and CC $ $ 195 CD million CD of IN the DT plant NN 's POS construction NN cost NN was VBD unreasonable JJ and CC should MD be VB refunded VBN , , plus CC interest NN . .18 In IN his PRP$ ruling NN , , Judge NNP Curry NNP added VBD an DT additional JJ $ $ 55 CD million CD to TO the DT commission NN 's POS calculations NNS . .16 Last JJ month NN , , Judge NNP Curry NNP set VBD the DT interest NN rate NN on IN the DT refund NN at IN 9 CD % NN . .26 Commonwealth NNP Edison NNP now RB faces VBZ an DT additional JJ court-ordered JJ refund NN on IN its PRP$ summer\/winter NN rate NN differential JJ collections NNS that WDT the DT Illinois NNP Appellate NNP Court NNP has VBZ estimated VBN at IN $ $ 140 CD million CD . .29 And CC consumer NN groups NNS hope VBP that IN Judge NNP Curry NNP 's POS Byron NNP 1 CD order NN may MD set VB a DT precedent NN for IN a DT second JJ nuclear JJ rate NN case NN involving VBG Commonwealth NNP Edison NNP 's POS Braidwood NNP 2 CD plant NN . .17 Commonwealth NNP Edison NNP is VBZ seeking VBG about IN $ $ 245 CD million CD in IN rate NN increases NNS to TO pay VB for IN Braidwood NNP 2 CD . .15 The DT commission NN is VBZ expected VBN to TO rule VB on IN the DT Braidwood NNP 2 CD case NN by IN year NN end NN . .20 Last JJ year NN Commonwealth NNP Edison NNP had VBD to TO refund VB $ $ 72.7 CD million CD for IN poor JJ performance NN of IN its PRP$ LaSalle NNP I NNP nuclear JJ plant NN . .37 Japan NNP 's POS domestic JJ sales NNS of IN cars NNS , , trucks NNS and CC buses NNS in IN October NNP rose VBD 18 CD % NN from IN a DT year NN earlier RBR to TO 500,004 CD units NNS , , a DT record NN for IN the DT month NN , , the DT Japan NNP Automobile NNP Dealers NNPS ' POS Association NNP said VBD . .17 The DT strong JJ growth NN followed VBD year-to-year JJ increases NNS of IN 21 CD % NN in IN August NNP and CC 12 CD % NN in IN September NNP . .12 The DT monthly JJ sales NNS have VBP been VBN setting VBG records NNS every DT month NN since IN March NNP . .14 October NNP sales NNS , , compared VBN with IN the DT previous JJ month NN , , inched VBD down RB 0.4 CD % NN . .15 Sales NNS of IN passenger NN cars NNS grew VBD 22 CD % NN from IN a DT year NN earlier RBR to TO 361,376 CD units NNS . .30 Sales NNS of IN medium-sized JJ cars NNS , , which WDT benefited VBD from IN price NN reductions NNS arising VBG from IN introduction NN of IN the DT consumption NN tax NN , , more JJR than IN doubled VBN to TO 30,841 CD units NNS from IN 13,056 CD in IN October NNP 1988 CD . .25 Texas NNP Instruments NNP Japan NNP Ltd. NNP , , a DT unit NN of IN Texas NNP Instruments NNP Inc. NNP , , said VBD it PRP opened VBD a DT plant NN in IN South NNP Korea NNP to TO manufacture VB control NN devices NNS . .31 The DT new JJ plant NN , , located VBN in IN Chinchon NNP about IN 60 CD miles NNS from IN Seoul NNP , , will MD help VB meet VB increasing VBG and CC diversifying VBG demand NN for IN control NN products NNS in IN South NNP Korea NNP , , the DT company NN said VBD . .14 The DT plant NN will MD produce VB control NN devices NNS used VBN in IN motor NN vehicles NNS and CC household NN appliances NNS . .35 The DT survival NN of IN spinoff NN Cray NNP Computer NNP Corp. NNP as IN a DT fledgling NN in IN the DT supercomputer NN business NN appears VBZ to TO depend VB heavily RB on IN the DT creativity NN -- : and CC longevity NN -- : of IN its PRP$ chairman NN and CC chief NN designer NN , , Seymour NNP Cray NNP . .23 Not RB only RB is VBZ development NN of IN the DT new JJ company NN 's POS initial JJ machine NN tied VBN directly RB to TO Mr. NNP Cray NNP , , so RB is VBZ its PRP$ balance NN sheet NN . .46 Documents NNS filed VBD with IN the DT Securities NNPS and CC Exchange NNP Commission NNP on IN the DT pending VBG spinoff NN disclosed VBD that IN Cray NNP Research NNP Inc. NNP will MD withdraw VB the DT almost RB $ $ 100 CD million CD in IN financing NN it PRP is VBZ providing VBG the DT new JJ firm NN if IN Mr. NNP Cray NNP leaves VBZ or CC if IN the DT product-design JJ project NN he PRP heads VBZ is VBZ scrapped VBN . .37 The DT documents NNS also RB said VBD that IN although IN the DT 64-year-old JJ Mr. NNP Cray NNP has VBZ been VBN working VBG on IN the DT project NN for IN more JJR than IN six CD years NNS , , the DT Cray-3 NNP machine NN is VBZ at IN least JJS another DT year NN away RB from IN a DT fully RB operational JJ prototype NN . .24 Moreover RB , , there EX have VBP been VBN no DT orders NNS for IN the DT Cray-3 NNP so RB far RB , , though IN the DT company NN says VBZ it PRP is VBZ talking VBG with IN several JJ prospects NNS . .33 While IN many JJ of IN the DT risks NNS were VBD anticipated VBN when WRB Minneapolis-based JJ Cray NNP Research NNP first RB announced VBD the DT spinoff NN in IN May NNP , , the DT strings NNS it PRP attached VBD to TO the DT financing NN had VBD n't RB been VBN made VBN public JJ until IN yesterday NN . .26 `` `` We PRP did VBD n't RB have VB much RB of IN a DT choice NN , , '' '' Cray NNP Computer NNP 's POS chief JJ financial JJ officer NN , , Gregory NNP Barnum NNP , , said VBD in IN an DT interview NN . .23 `` `` The DT theory NN is VBZ that IN Seymour NNP is VBZ the DT chief JJ designer NN of IN the DT Cray-3 NNP , , and CC without IN him PRP it PRP could MD not RB be VB completed VBN . .16 Cray NNP Research NNP did VBD not RB want VB to TO fund VB a DT project NN that WDT did VBD not RB include VB Seymour NNP . . '' ''20 The DT documents NNS also RB said VBD that IN Cray NNP Computer NNP anticipates VBZ needing VBG perhaps RB another DT $ $ 120 CD million CD in IN financing NN beginning VBG next JJ September NNP . .11 But CC Mr. NNP Barnum NNP called VBD that IN `` `` a DT worst-case JJ '' '' scenario NN . .30 The DT filing NN on IN the DT details NNS of IN the DT spinoff NN caused VBD Cray NNP Research NNP stock NN to TO jump VB $ $ 2.875 CD yesterday NN to TO close VB at IN $ $ 38 CD in IN New NNP York NNP Stock NNP Exchange NNP composite JJ trading NN . .30 Analysts NNS noted VBD yesterday NN that IN Cray NNP Research NNP 's POS decision NN to TO link VB its PRP$ $ $ 98.3 CD million CD promissory JJ note NN to TO Mr. NNP Cray NNP 's POS presence NN will MD complicate VB a DT valuation NN of IN the DT new JJ company NN . .26 `` `` It PRP has VBZ to TO be VB considered VBN as IN an DT additional JJ risk NN for IN the DT investor NN , , '' '' said VBD Gary NNP P. NNP Smaby NNP of IN Smaby NNP Group NNP Inc. NNP , , Minneapolis NNP . .13 `` `` Cray NNP Computer NNP will MD be VB a DT concept NN stock NN , , '' '' he PRP said VBD . .15 `` `` You PRP either RB believe VBP Seymour NNP can MD do VB it PRP again RB or CC you PRP do VBP n't RB . . '' ''25 Besides IN the DT designer NN 's POS age NN , , other JJ risk NN factors NNS for IN Mr. NNP Cray NNP 's POS new JJ company NN include VBP the DT Cray-3 NNP 's POS tricky JJ , , unproven JJ chip NN technology NN . .28 The DT SEC NNP documents NNS describe VBP those DT chips NNS , , which WDT are VBP made VBN of IN gallium NN arsenide NN , , as IN being VBG so RB fragile JJ and CC minute NN they PRP will MD require VB special JJ robotic JJ handling NN equipment NN . .19 In IN addition NN , , the DT Cray-3 NNP will MD contain VB 16 CD processors NNS -- : twice RB as RB many JJ as IN the DT largest JJS current JJ supercomputer NN . .45 Cray NNP Computer NNP also RB will MD face VB intense JJ competition NN , , not RB only RB from IN Cray NNP Research NNP , , which WDT has VBZ about RB 60 CD % NN of IN the DT world-wide JJ supercomputer NN market NN and CC which WDT is VBZ expected VBN to TO roll VB out RP the DT C-90 NN machine NN , , a DT direct JJ competitor NN with IN the DT Cray-3 NNP , , in IN 1991 CD . .
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