Winnipeg Free Press

Winnipeg Free Press (Newspaper) - April 9, 1996, Winnipeg, Manitoba Winnipeg free press b4 John 6977264 business april 1996 jobs report pummels stocks by Sandra Rubin Canadian press Toronto a Strong jobs report had everyone div ing for cover Early yesterday As nervous investors sent North american markets plunging on fears interest rates Are heading Back traders everywhere fastened their Seatbelt in anticipation of a Steep the ride turned out to be slightly less stomach churning than i guess at some Point in the Day investors of this int going to be the 171point drop we saw last said Katherine a technical analyst with mrs markets were reacting to Fri Days government report showing that jobs were added in nearly twice the number the february Job growth figure was also revised to suggesting the Economy May be far stronger than the latest figures appear to deliver the death blow to Hopes the Central Bank will Cut interest rates again to Spur what it really says is the february figures were not an Aberra and the Economy is said that Means that not Only have interest rates in the United states Treyve probably turned rising interest rates in the United states traditionally trans late into higher rates in Canada As Stock investors dislike rising rates because they eat into corporate profits and weaken share prices by making investments like Bonds More investors were unable to react when the jobs report was released because Canadian and markets were closed for Good but they voted with their feet Rushing for the exit when the opening Bell on Wall the frenzied morning Selloff pushed the Dow Jones Index Down 140 it recovered its breath towards the end of the closing Down Points at the Toronto Stock Exchange 300 Index lost Over 67 Points in morning but closed off just Points at thanks to a Sharp increase in the Price of some experts said investors were blowing things Way out of in the United states especially i think there was a significant said Fred chief equities trader at a Bloomin biplane a 1920sstyle biplane soars Over the Flower Fields at Carls tors View the North of san the biplane is bad ranch in every some vis operated by barnstorming biplane adventures engine searches Cut Down on Hunt time theres an easier Way through immense net the internet is a vast electronic depository of knowledge with trillions of bytes of information about Virtu ally any topic one can and the internet has some excellent tools for searching the millions of databases and online information centres that make up this Mother of All net these tools Are called search engines and Are among the most useful resources for seeking information on the net and its world wide search engines work in Many different ways some search titles or headers of Docu ments while others search the documents their indexes or Here is a list prepared by the folks at makers of the netscape web of some of the Best search engines out there Alta Vista offers compact or detailed searches through what its operators Call the largest web digital equipment corporations Alta Vista can help you find your Way through eight billion words filling 16 million web it also provides a full text Index of More than Dejanes searches what is claimed to be the worlds largest publicly sear Chable usenet news user Friendly Paul Pihi Chyn versatile search options allow you to find articles by subject and excite tracks Down information by searching for not just updated week excites database contains what its operators claim Are More than million web web Page reviews written by Jour the latest two weeks of usenet news and classified excite also includes news from Reuters and an interactive inf seek guide rated the 1 search service by pc computing with each you get the most relevant match related topics to and timely news and views from popu Lar to networks and the Best online inf seek guide also makes it easy to find e mail Stock com Pany profiles and Lycos this comprehensive Catalon of the internet finds 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Market has come to an i believe that for a even if interest rates did go up a Quarter per that would bring things Back into line in a and i dont think a Quarter or Hal percent increase in inter est rates is going to be the end of the not by a Long at yesterdays drop appeared to be a replay of a the dramatic Market plunge in last which saw rising Bond yields Send Canadian mortgage rates on March the Dow lost 171 Points three per cent of its value on news of unexpectedly Strong Job growth in Gebru that Toronto Market fell More than 85 but at least one strategist feels investors will soon Wake up to the fact that a surging Economy is Good news for the resource heavy Canadian if weve got a resurgence of growth in the world the United Europe generally that tends to be Good for commodity base Metal golds and stuff like said Peter Vic president of research at Midland Walwyn Cap Canada is pretty heavily weighted in those stocks so that should be big players shoulder onto internet scene by Paul Mckie business reporter Winnipeg rapidly expanding internet Market is about to get computer overload with the arrival of two major players from the the entry of Otta abased Istar internet and Toronto net com Canada threatens to shake up Manitoba internet which in 15 months has exploded from one company to More than 26 some estimate As Many As there All splitting up the same pieces of the that going to make it said Richard Duff of Astra a local Independent internet service provider Istar is already up and although it Doest have a sales Force or office Ron pres ident of said his company will begin Winnipeg operations june Margo a spokeswoman for said the company is in the process of setting up a she said which has customers expects to officially open Here in late april after opening a Calgary office Istar can be accessed locally by dialling 1888 go Istar net com has already made Waves in the recently announcing a Flat rate of a month for internet regardless of connect close said he Doest know How the Industry will react to the pricing internet service providers generally offer service at a set monthly with anywhere from five to 30 hours of Signon addition Al charges of to an hour accrue when the user exceeds the monthly hourly Langford said she want worried about net oms pricing Istar has a monthly rate of for 90 hours of Istar also has an entry level or Louser fee of for five hours a net oms entry level Price is for seven Langford said her company has better service because it has a National with servers All across 13 in Nova so and also in Vancouver and Victo close said that although net com has been in Canada Only since it has been in the United states since it is the largest is in the United net com already has economies of close its those economies of scale from the National giants that threaten Manitoba burgeoning neither close nor Langford were concerned about moving into Man Tobas crowded Competition is by and Large a pretty Good close the major Isis believe a shake Down of the both locally and is inevitable because of changes such As Cable technology with much faster Speed than dial up service and competitive i think that obvious and i dont think its going to be that said Jennifer of a and part of the a inc Duff said he expected the shake Down months ago but Market expansion staved it the growth has happened fast enough that the Shakedown Hast Duff but Bishop said that even if big Ger National players move the local Isis can survive if they offer service the big companies the electric Library rather than searching the Check out the electric Library launch comprehensive searches across this deep database of More than full text news magazines and academic plus reference literature and who where easy to and who where is a comprehensive White pages service for locating people and organizations on the who where intuitively handles misspelled or incomplete and it lets you search by Yahoo arguably the Pio Neer internet search Yahoo has been accepting submissions since what seems like the begin Ning of it yahoos Veteran status has allowed it to build a comprehensive Cross discipline resource the Best Way to Access each of these search engines is through net oms Homepage at url you can Contact Paul Pihi Chyn on the internet at or at the user Friendly Home Page on the world wide web at Small net firms face desperate task by Leslie Goi a Stern fort Worth Star Telegram Texas Ricky m Keele has a plan for fighting a at and As the chief executive of glob a link a Small inter net service provider in fort he will focus More heavily on Busi Ness he will buy state theart hoping to at least match what at and t will bring to its own new internet Access Busi maybe hell under a Little known at and t May get free Access to internet lines that other providers must he it is an unfair competitive Keele we will join any company who will try to fight big phone companies at and sprint Are Start ing to reveal aggressive ways to usher Consumers into spending millions on state the Art Access lines and marketing can coffer something the Little Guys cant a suite of telecommunications ser vices that includes Lon distance phone hookups and Home enter along with a Way to get electronic mail and surf the world wide for companies like which handles internet that not Good they say they can offer better ser vice by specializing in Only one area and for less As Little As a they Are also faced with the desperate task of keeping customers and attracting new ones without the help of thousands of employees or National Brand and for the entrepreneurs who left other businesses to launch these companies Over the last two cyberspace is proving to be an unstable take Lee chief executive of Flash net of fort dig Ging into his company Cash Thurburn plans to boost his weekly advertising budget from to by we Are losing our he you Are about to see a wave of Small internet providers ;