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Newspaper
Portsmouth Herald
Location
Portsmouth, New Hampshire, United States of America
Date
Jun 30, 2002
Page
28
Finance writer outlines refinancing logic and long term investing. If rates drop you may save on closing costs and points while lowering monthly payments. Consider staying in your home, compare rate and fee scenarios, and invest part of monthly savings to grow toward goals like college or retirement. Holly Hunter from Edward Jones is cited.
A banking of failed dot-coms and a glut of high tech startups leave venture capital firms counting losses. Industry optimism fades as 1999 2000 funding era collapses, with many startups expected to fail in months ahead and firms bracing for more write downs and a sharp market slowdown.
Portsmouth Computer Group teams with The PC Schoolhouse for a blended corporate training approach in Manchester and Seacoast facilities while Thai Sweet Pepper opens in Dover offering authentic Thai cuisine. Profit Tools earns a top 100 logistics tech listing as Tecnomatix expands with Majenta in the UK to distribute eMPower software for automotive and manufacturing sectors.
Airlines face losses as business travelers shift to DIY fare hunting. Firms leverage self booking software to slash commissions and ticket prices while expanding search across Expedia Orbitz and Travelocity. Pennzoil Quaker State reports 70 percent of tickets self booked saving 15 to 20 percent and cutting fees. Airline executives warn the pricing model is broken.
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