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This newspaper page contains 7 articles. Subscribers can read the full text of each article.

Newspaper

News

Location

Frederick, Maryland, United States of America

Date

May 16, 2001

Page

9

Maryland Bankruptcies Rise 20 Percent Amid Reform Hopes

Maryland filings surged about 20 percent year over year as bankruptcy experts warn new federal reforms may curb debt relief. Three months into the year Chapter 7 filings reached 6,297 in Maryland, with lawyers noting fear of stricter rules and counseling requirements before reforms take effect.

Baltimore Maryland American Bankruptcy Institute Sat Clinton Constance Hare Pikesville Shassid Skent Dhen Ohare

MBA Shift: Layoffs Drive Applicants Toward Business School

The job market downturn boosts MBA interest as laid off workers like Jason Blanchard rush to GMAT prep and apply to multiple schools. GMAT takers rise about 10 percent to 210,000 in the last year, with regional prep enrollments up strong in San Francisco, Seattle, and Boston.

Blanchard Sto Ries Rose Martinelli University of Pennsylvania Wharton School McHinle Graduate Management Admission Council Princeton Review Harriet Brand San Francisco Seattle Boston Northeastern University Boston College Wharton GMAC

Frederick County Wins 25000 Grant for Incubator Feasibility

The Maryland Technology Development Corp awards Frederick County a $25,000 grant to study incubator viability as part of a $141,000 TEDCO package to seven counties. The program aims to gauge resource availability governance methods and other factors shaping a new incubator’s success to foster Maryland’s business economy.

Frederick County Maryland Technology Development Corp Marvland TEDCO

ProNet offers Frederick business grant for women entrepreneurs

ProNet invites applications for its 2001 business grant aimed at women starting or expanding ventures in Frederick County. The grant provides 1000 for development expenses and at least 1500 in additional business funds. Deadline in August with September completion. contact Linda Checchia at 301-695-5132 for an application. Mail to 1000 W. Patrick St. Frederick MD 21703.

The Frederick Women’s Professional Network ProNet Frederick County Se Eeae Linda Checchia W. Patrick St Frederick Brewers Ailey

Four new professionals join Creative Textures Salon Frederick

Creative Textures Hair Salon and Day Spa at 1770 Thomas Johnson Drive Frederick adds four experts. Margaret Paton brings 13 years of nail experience, Karen Yonetz offers Swedish and deep tissue massage, Tara Clark specializes in highlighting and women’s cuts, and Julie Mayer is an esthetician and makeup artist. Appointments available. call 301-620-9300.

Ed Waters Frederick Tara Clark Margaret Paton Julie Mayer Maren Youetz Thomas Johnson Drive Karen Yonetz Baltimore School of Massage Sage von Lee School of Aesthetics Baltirma

Housing Market Steady as NAHB Index Holds at 57

The National Association of Home Builders reports the Housing Market Index unchanged at 57 in May, with current sales softening slightly but six month sales expectations edging higher. Bruce Smith, NAHB president, cites positive financing conditions and a modest pickup in future demand as drivers, noting a 2 point rise to 61 in May and a 3 point gain to 6 for six month outlooks. Prospective buyer traffic inches up to 43.

Peay Oe Specieheyal Association of Home Builders HMI Bruce Smith NAHB Walnut Creek Calif Smith

Optelecom reports first quarter loss despite revenue rise

Optelecom Inc of Gaithersburg disclosed first quarter results ending March 31 with revenue of 3.05 million, a 27 percent rise from a prior period. Optical Unit revenue rose 786,293 to 2,662,226, gross profit 1,296,584, but net loss 724,473 or 26 cents per share, versus 250,440 or 12 cents prior year.

Optelecom, Inc Gaithersburg Eelog

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