Tuesday, January 08, 2002
Morning Memo
Hot tips and news to start your business day
Today's Number: 1.6 - Percentage rise in semiconductor sales in November, to $10.6 billion from $10.44 billion in October, the second consecutive month that month-to-month sales improved, the Semiconductor Industry Association said.
Today's Mover: Rita A. Roeper has been named director, data management services, at Western & Southern Financial Group. Ms. Roeper will lead information services' strategy and implementation of data and transaction security, privacy regulations, disaster recovery, imaging, work flow and document archiving.
Today's Career Talk: Bad attitudes are viruses and are the result of choice, according to Stephen C. Lundin, Harry Paul and John Christensen in Fish: a Remarkable Way to Boost Morale and Improve Results. We can bring our best qualities to our work it is our choice, the authors concluded in their book about the Pike Place Fish Market in Seattle. By accepting that you choose your attitude, you demonstrate a level of personal accountability and proactivity, which will fill the (work) floor with energy, all by itself.
Today's Money Tip: If you just sold a loser stock to claim the loss on your 2001 taxes, be sure you don't buy back the stock within the next days, or you'll run afoul of the IRS wash-sale rule. You may claim the loss only if you don't buy the same investment within 30 days before or after the sale. That means there is a 61-day period, including weekends, holidays and the day of sale, during which you may not buy the stock.
Today's Company: CAS-KER CO.
TIMELY ENTERPRISE: Founded in 1927 as the American and Swiss Watch and Supply Co., Cas-Ker is a full-line service distributor to professional jewelers and watchmakers. The company's name was changed to Cas-Ker in 1937.
KEEPS ON TICKING: From its new headquarters in Springfield Township, the company sells to professionals and individuals throughout the United States, Canada and Puerto Rico. Cas-Ker is operated by the Cassedy brothers, third-generation owners.
SPECIALIZED SUPPLIES: The Cas-Ker catalog contains products such as books and videos on watches and watch repair, sophisticated repair equipment, pocket watches and home-jewelry spas.
Send tips and questions to Bill Ferguson at bferguson@enquirer.com
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