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Monday, November 20, 2000
_____Note to Users_____
Washingtonpost.com is moving its offices. Full coverage of breaking news will continue but some site features may be unavailable.
Questions, Comments.
Hekimian Lifts Its Regional High-Tech Presence; London-Based Spirent To Buy Rockville Firm
By Sara Gebhardt, Page E01
Hekimian Laboratories Inc. of Rockville wasn't exactly a household word among Washington technology types. It's perhaps best known among the electrical engineering set, readers of Telephony magazine or Communications News.

Page E01
Plans for Internos Corp. of Dulles to one day go public have been put on hold after the Dulles-based online provider of business-to-business solutions filed for Chapter 11 bankruptcy protection as it attempts to reorganize its finances.

Financial Problems of Some Companies Shake Others Across the Dot-Com Landscape
By Kenneth Bredemeier, Page E01
Like tremors, the isolated financial difficulties at some technology companies are being felt throughout the dot-com economy as firms and the people running them adjust not only their business plans, but their very expectations for a tech community that once viewed itself as invincible.

In Newport News, Carrying Shipbuilding Into the Future
By Greg Schneider, Page E01
Newport News Shipbuilding Inc. is an old-economy place where metal gets bent and workers get dirty. So when the 114-year-old shipyard felt its franchise slipping away to clean-fingered "systems integration" companies, it decided to fight back.

Evaluating FBR's Earnings
By Jerry Knight, Page E01
When Friedman, Billings, Ramsey Group Inc. announced its third-quarter earnings not long ago, the Arlington investment firm proclaimed it to be the "fourth consecutive quarter of positive results."

Page E02
Lockheed Martin Corp. donated $1 million last Thursday to the United Negro College Fund for a program that seeks to boost technology in the fund's 39 member colleges and universities.

Estate Tax
By Albert B. Crenshaw, Page E03
Keeping a family business alive can be plenty hard.

High-Tech Firms Push Regional Stock Index Lower
By Ellen McCarthy, Page E03
On Wall Street, after a week of heavy trading and political uncertainty, the Dow Jones industrial average was up 0.3 percent for the week, but the technology-laden Nasdaq composite index ended the week down 1.74 percent. The Washington Post-Bloomberg regional stock index of 264 companies fell again last week, to 166.83, from 167.71 the week before.

Data Organizing Plan Pays for KSolutions
By Nicholas Johnston, Page E05
KSolutions Inc. of Annapolis recently received $50 million in venture funding in its first financing two months after the company was founded.

Page E05
Local venture capital transactions announced in the last week:

Virginia Center to Aid South Korean Firms
By Nicholas Johnston, Page E05
The new Korean Venture Center in Falls Church is funded by the Korean Small & Medium Business Administration, a government agency similar to the U.S. Small Business Administration. The center will assist Korean companies with tasks such as incorporating their subsidiaries in the United States, finding investors, moving into incubators and setting up joint ventures with local partners, a spokesman for the Fairfax County Economic Development Authority said.

By Neil Irwin, Page E05
All manufacturers of gizmos, thingamajigs and doodads have one thing in common. They all need containers for their wares.

FROM THE GROUND UP; D.C. Panel Reviews 'Tech Hotel' Projects
By Jackie Spinner, Page E06
The projects, four in Northeast Washington and one in Southwest, total more than 1 million square feet of space, according to the D.C. planning office. An additional 500,000 square feet is already under construction. The review has enabled the first full assessment of the size of the planned developments.

CAREER TRACK; Making a Smooth Transition From Buddy to Boss
By Amy Joyce, Page E07
You spent the past several years at your organization working hard and bonding with your cohorts. Well, that hard work paid off and now you find yourself in the position of managing the same folks you used to share a beer with on Friday evenings. So now what? How do you smooth the transition, deal with bad feelings and stop apologizing every time you ask someone to do something?

Page E08
Aetna U.S. Healthcare of Largo named Patricia A. Farrell regional manager, national capital region. Farrell will be responsible for sales, marketing, patient management, underwriting, finance and network development for the region, which serves more than 1.5 million members in the District, Virginia, Maryland, West Virginia, North Carolina and South Carolina, according to the company.

By Judith Mbuya, Page E08
Position: Chief executive of Codeon Corp. of Columbia, which designs and manufacturers optical components for the fiber-optic telecommunications industry.

Page E09
Under Chapter 11 of the federal bankruptcy code, a company is protected from claims by creditors while it attempts to reorganize its finances under a plan approved by the court. In a Chapter 7 liquidation, a court trustee sells assets to pay creditors' claims. The company then ceases operations.

By Jimmy Chuang, Page E09
Information Management Services Inc. of Silver Spring won a $4 million contract from the National Cancer Institute for biomedical computer support services.

Page E09
These are upcoming conventions for the Washington area. National Council Of Resource Development

Page E09
Ace Communications Corp.

Page E09

What's in a Name? So Far, $17 Million
By Thomas Heath, Page E15
The company is believed to have made a down payment and two annual payments, with the next payment of about $2.5 million due next summer, according to those sources. If PSINet is bought, the naming rights can be transferred to a new owner at no extra cost except what the company must pay to change any logos or signs around the stadium.

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