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CITY BEAT

PLANES AND BRAINS

Just in time for the holidays, two new Memphis companies are going public with stock offerings, hoping to become mainstays of the airport and the medical center– or what’s left of it– for years to come.

This week, Pinnacle Airlines Corp., a subsidiary of Northwest Airlines, went to market with 19.4 million shares, priced at $14. Buy some and you’ll own a piece of one of the country’s largest regional jet services based out of Memphis, Detroit, and Minneapolis. Northwest bought Pinnacle in 1997 and gave most of the stock to its pension plans in 2002 and 2003. The CEO is Philip Trenary.

Risk factors listed in the prospectus include possible terrorist attacks, labor unrest among Pinnacle’s 2,438 employees, competition from Mesaba and other regional jets, more debt than capital, and heavy dependence upon Northwest.

On the plus side, business is good, on-time performance is among the best in the industry, service is offered to 76 cities and 29 states, and there’s a sweetheart deal with the Memphis and Shelby County Airport Authority. By increasing its fleet and juggling routes, Pinnacle expects to grow a measurement called “available seat miles” 24 percent a year through 2006.

A second Memphis company, GTx, is the brainchild of AutoZone founder J R. “Pitt” Hyde, III. Its business is applied medical research into new drugs to treat prostate cancer, which Hyde himself has beaten, and other types of cancer. It is expected to start selling shares to the public in December or early in 2004.

GTx has actually been around since 1997 but has only 43 employees and a low-profile. That will change after the stock goes public, and if the company is successful in partnership with the University of Tennessee Medical School, it could remake the site of the old Baptist Hospital and the medical center in several years.

GTx has no revenues. In the start-up stage, investors will be betting on UT’s brains and intellectual property and Hyde’s business savvy and dedication. The stock price won’t be set until just before the offering.

  • Herenton scolds MLGW in letter

    Add Mayor Willie Herenton to the list of Memphians frustrated by Memphis Light Gas & Water. And that could be bad news for the utility as it seeks approval for a rate increase next month.

    In a letter to members of the City Council and MLGW President Herman Morris, Herenton says he has “yet to understand MLGW’s need to advertise and support costly promotions when, in fact, it is the exclusive service provider. Consumer information that is useful to the citizenry is understandable.”

    MLGW’s “Hometown Energy” campaign extols the wonders of a public utility working tirelessly for its customers. The trouble is, for years many of those customers have had a devil of a time contacting the power company when they have problems.

    The city has requested help from FedEx in developing a call center for all of city government and its entities, including MLGW.

    “It also concerns me that Memphis Light Gas & Water has invested approximately $30 million in an automated billing system and CRM (Citizen Relationship Management) application that apparently has problems,” Herenton wrote.

    The mayor said he intends to provide the council “with some pertinent information that will be helpful during the upcoming MLGW hearings.”

    He left it at that. The council meets December 2nd. At this point, MLGW’s rate increase request has been denied, and Morris has not yet been named by the mayor for another term as president.

    Calvin Williams Defense Fund

    As chief administrator of the Shelby County Commission for four years, Calvin Williams was in a position to do favors for a lot of people. Now that he’s been indicted for official misconduct, Williams is asking friends to help pay for his legal defense.

    In a letter this month from the “Friends of Calvin Williams,” potential donors are asked to make contributions by a bipartisan list of signers including zoning attorney Homer Branan III, local GOP activist and attorney David Kustoff, attorney Richard Glassman, the Rev. Lasimba Gray, suburban developer Jackie Welch, and George Reems Ñ a former employee of the Circuit Court Clerk’s office who was involved in a moonlighting venture with Williams that got both of them in trouble.

    “I have spent the last 20 years of my life helping others in the community,” Williams says in the letter. “. . . I’m sure that I have helped you in some form in the past.”

    Williams resigned under pressure from his $101,856 job as commission administrator in January. He was indicted on state charges in October. He has been given a lower-paying job in the county’s Equal Opportunity Compliance Office.

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    FROM MY SEAT

    MANY THANKS…

    In the spirit of Turkey Day, there are a few tasty morsels from the world of sports (near and far) for which I’m eternally thankful.

  • I’m thankful for the college football overtime format. I was a naysayer when this system was adopted a few short years ago, but wow, is there a more exciting slice of action in all of sport?! Tennessee’s nail-biters against South Carolina and Alabama will be remembered almost as long as the Vols’ two trips to Florida this fall. And when Arkansas and Kentucky put up more points on the gridiron than their basketball brethren . . . we’ve got entertainment. Here’s hoping the Sugar Bowl (this year’s “national championship” game) hits six or seven OT’s.
  • I’m thankful Oklahoma wasn’t on the U of M schedule. Did I see that right? The Sooners scored 77 points (in three quarters!) against Texas A&M?
  • I’m thankful for Josh Beckett. That Game 6 performance in Yankee Stadium to win the World Series was the kind of drama we’d expect from Seaver, Carlton, Gibson, maybe Clemens. But a 23-year-old Florida Marlin? How about a new nickname for this rising star: Ghostbuster.
  • I’m thankful for diplomas. A colleague recently shared a report on college football graduation rates as they pertain to the recent shakeup involving Conference USA. There’s been a lot of local griping — some by yours truly — about the raw deal the University of Memphis will get in losing the likes of Louisville and Cincinnati to the Big East. But try this factoid on for size: C-USA’s football graduation rate will improve from 42 percent to 57 percent once the Cardinals, Bearcats, and South Florida are replaced by Rice, Tulsa, and SMU. This ties C-USA with the Pac-10 for second nationally, behind only the ACC (59 percent). They’re STUDENT-athletes, folks. Worthy of a cheer.
  • I’m thankful for Shane Battier. He’s not playing quite as many minutes, and seems to be filling a role for the Grizzlies, as opposed to leading the action on court. But doggone it, this guy is special. Role players in the modern NBA are easy to move, one club to another. Standards, however, are very difficult to establish. The Grizzlies have a walking, talking, defense-first model in Mr. Battier.
  • I’m thankful thankful for DW DW. Danny Wimprine and DeAngelo Williams. Talk about catching lightning in a bottle. What are the odds of these two landing in the Liberty Bowl for the same magical season (or three)? Can you imagine the challenges Williams would have faced behind, say, Bernard Oden? Or what about Wimprine looking downfield, knowing his best running option was . . . Sugar Sanders? Butch and Sundance are Memphis Tigers, and have their posse aimed straight for postseason play.
  • I’m thankful for Bill Parcells. How nice to see an overpaid, ego-heavy coach sweep into town and actually make a difference. Parcells is living proof that a football coach has an incrementally larger impact on his team than do his counterparts in baseball and basketball. Quincy Carter better have something nice under the tree for the Tuna.
  • I’m thankful for humility, a dose of which the 1972 Miami Dolphins could use. Every fall, Nick Buoniconti and friends gather in south Florida to toast the last NFL team to lose a game (this season it was Kansas City on November 16th). This prolongs the Ô72 Dolphins’ legacy as the only undefeated team in NFL history. Swallow this with your champagne, Nick: not since BYU won the 1984 NCAA championship has a title of any value been won on a softer schedule. Those Dolphins played exactly two teams that would finish 1972 with winning records (the Chiefs and Giants went 8-6). Any number of teams over the last 31 years — the ™’75 Steelers, the Ô85 Bears, the Ô89 49ers, the Ô92 Cowboys — would clean up a gridiron with those undefeated Dolphins.
  • I’m thankful for Albert Pujols. If you have the slightest regard for the game of baseball and you live in Memphis, you have no excuse not to make the four-hour drive to St. Louis once a summer to see this man play. Barring a tragedy (or George Steinbrenner getting his phone number . . . I guess one and the same), Pujols will someday have a statue ALMOST as big as Stan the Man’s.
  • I’m thankful for AutoZone Park. Are you kidding? Think I could get to the bottom of this list without including my home away from home? (Oh, April 2nd. How I long . . . . )
  • I’m thankful for the three loyal fans who cheer next to me night and day, and who find a way to see through the frivolity of sport and recognize how “important” it can be to some. Funny how you can spend your life looking for the best team, when all the while you’ve got a band of champions right there in the living room.
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    THE WEATHERS REPORT

    THE AGENDA

    Your marriage is in trouble.

    By the time the holidays roll around next year, your wife will have left you for another woman. Or, if you’re a wife, your husband will be shacked up with another man.

    Not to worry, though–your family is in even bigger trouble than your marriage. Next year, when your teenage daughter has a sleepover at your house, it will mean she’s having an orgy with other girls. Next Christmas, your college-age son will bring home, not his fiancée, but his fiancé. Meanwhile, your elementary school son will spend most of his days in third grade fending off sexual advances from predatory cross-dressing male teachers, and Grandmommy and Granddaddy’s fiftieth wedding anniversary will be mocked by an announcement in the local liberal newspaper calling the two of them old hetero fossils celebrating a dying hetero institution. Actually, Granddaddy won’t mind too much–he’ll be too busy having sex with your aunt, his daughter. None of these troubles will last long, though, because everyone in your family will have AIDS and die in a little while. Then you’ll all go to hell.

    There’s nothing you can do to stop any of this, at least not legally, since most of the judges in the federal courts will by that time be atheist drag queens and dykes, and they’re all for it.

    This, you see, is the famous Homosexual Agenda, and on November 18 the runaway liberal judges of the Massachusetts Supreme Court issued a decree that makes the death of marriage and the American family inevitable. The court declared that homosexual couples who want them must be offered the same legal rights as married heterosexuals. As the Reverend Louis P. Sheldon of the Traditional Values Coalition has put it, “the dark forces who oppose the family are on the move.” Any good Christian American (which is, of course, a tautology) knows who commands the dark forces.

    But, wait, there is some hope. Thanks to forward-thinking statespersons like Senator Sam Brownback, Republican of Kansas, and Representative Marilyn Musgrave, Republican of Colorado, Satan’s forces might yet be beaten back; Grandpa might yet be pried from Auntie’s bed and Junior saved from a life of pederasty. Brownback and Musgrave plan to introduce legislation calling for a Federal Marriage Amendment to the U.S. Constitution. As Roberta Combs, President of the (needless to say) Christian Coalition of America, has said, we must pass this amendment “to secure the future for our children and grandchildren.” Indeed, Family Research Council President Tony Perkins (no relation to the homocidal–I mean, homicidal–maniac in the movie Psycho) has declared that this amendment must be passed or “we will lose marriage in this nation.” Wow. Who’d have thought that the Constitution was missing this key piece–a piece that saves our grandchildren’s future, not to mention the whole institution of marriage? That represents a pretty big omission on the part of the Founding Fathers, who seem to have been, in this respect, delinquent parents.

    Mr. Perkins’ logic is irrefutable. Clearly, if a man in Massachusetts or anywhere else is allowed to spend the rest of his life with another man while being covered by the second man’s health insurance, everybody’s marriage is headed for trouble. And if a woman is allowed to share a bed with another woman while together they try to raise children, then wedlock in the (tautology coming) Biblical American sense is as good as gone. I mean, think about the single women you know who are raising children now; put two of them together, and things will almost certainly be twice as bad. Besides, anyone knows that a properly wed man and woman, even if their relationship is measured mostly in screams and black eyes, can do better raising kids than two women perverse enough to fall in love with each other.

    Should any moral relativists of your acquaintance question this logic, send them immediately to the web site of Concerned Women for America (CWA). This is a “pro-family” group that I suspect was formed in reaction to an anti-family group called Unconcerned Lesbians Against America, but I can’t prove it. On the CWA web site, the moral relativists (who almost certainly hate marriage) will find a section called “Talking Points: Why Homosexual ‘Marriage’ Is Wrong”; the web site is http://www.cwfa.org/articledisplay.asp?id=4589&department=LEGAL&categoryid=family. Here the relativists will learn in the deepest metaphysical sense why homosexuals should not be allowed to have marriage rights. Among the CWA’s incontrovertible arguments are these: “A licensed electrician cannot produce power by taping two same-sex plugs together.” “Homosexual marriage is as wrong as giving a man a license to marry his mother or daughter or sister or a group.” “A license to marry is a legal document by which government will treat same-sex marriage as if it were equal to the real thing . . . . If the Smithsonian Museum displays a hunk of polished blue glass next to the Hope Diamond with a sign that says, ‘These are of equal value,’ and treats them as if they were, the Hope Diamond is devalued in the public’s eye.” And finally: “Engaging in sex doesn’t equal marriage.” We certainly all needed that reminder.

    So there you have it. The institution of heterosexual marriage– “our bedrock,” as Mr. Perkins of the Family Research Council calls it–is a rock about to be smashed by men who love men and women who love women. When you think about it, that’s just too much love to be safe. Why, it’s almost like a terrorism kind of love. So as you sit down to say grace over Thanksgiving dinner this week with your loving, pure, heterosexual parents and your loving, pure, heterosexual children gathered around–all, I’m sure, representatives, practitioners, and offspring of happy, strong heterosexual marriages–be sure to say the proper grace to the proper Christian God, and add a little prayer for all the good Republican legislators who would preserve us from the wrong kind of love. Your children and grandchildren–not to mention the Hope Diamond–will thank you.

    (For more of Ed Weathers’ views on this subject, see the columns which appear at these web addresses:

    http://www.memphisflyer.com/MFSearch/full_results.asp?xt_from=2&aID=2433 OR CLICK HERE.

    and

    http://www.memphisflyer.com/MFSearch/full_results.asp?xt_from=2&aID=2399 OR CLICK HERE.)

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    tuesday, 25

    Pool league, trivia, and cheap spaghetti and the P&H.

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    TIGER FOOTBALL

    BRAVE NEW WORLD

    It’s an ill wind that blows hot, I remember thinking to myself, while standing in the parking lot just south of the Liberty Bowl at high noon Saturday, a parking lot that the blue-clad U of M faithful had turned into a mini-Grove for the occasion. The football Tigers were about to attempt winning an eighth game for the first season in thirty, and the mood was decidedly upbeat. But the wind was spooky, not the cold biting kind you’d expect in November, but something different, twisting, turning, swirling in all directions.

    “Wait’ll you see how crazy it gets in the stadium,” Drew Pairamore, standing beside me inside a particularly festive tent, observed. Pairamore should know; he spent three seasons in the early 1990s as the Tiger punter, where he learned to be wary of days like this one down at ground level.

    Sure enough, the tempest spiraled and gusted inside the Liberty Bowl that afternoon, like an invisible wooden spoon stirring all the contents, which included two highly-regarded junior quarterbacks, each of whom would not count this among their better days. Danny Wimprine braved the fickle winds in decidedly worse fashion than his Cincinnati counterpart, having a real stinker, perhaps the worst game of his Tiger career. But at a fateful moment midway through the fourth quarter, with the Bearcats nursing a 16-14 lead, Gino Guidugli launched his own aerial misfire, a pass that veered a good ten yards off course, and into the waiting arms of ecstatic Tiger safety Wesley Smith, who scampered down the siudeline and inside the Cincinnati 10 yard line. The U of M punched it in three plays later, and the rest, as they say, is history.

    Eight victories. Whodathunkit, especially after the disheartening loss to UAB back in early October? Certainly not those who have spent two decades in the football wilderness, fans who have known more heartbreak than a hundred cardiologists. The Tigers won ugly, to be sure, but we’ll take it. The U of M has all too much experience with losing well, with style and grace, and with being the best bad football team in America.

    Ah, but back to the ill wind. Such was the havoc it wreaked upon Wimprine’s passing abilities that the Tigers came out after halftime with a revised game plan, one built around a simple premise: give the ball to The Franchise. And give it to him they did, play after play. DeAngelo Williams racked up his usual mega-yardage (and his tenth consecutive 100-yard game) before Fate intervened. Going to the well perhaps once too often, the Tiger coaching staff grimaced right alongside DeAngelo when his knee popped at the one-yard-line, and his storybook 2003 season came to what is likely to be an abrupt conclusion.

    The Franchise’s injury was eerily similar to the one that befell another franchise player back in 1993, when, also in the next-to-last game of the season, Steve Matthews (to my mind still the best quarterback in U of M history;sorry, Danny, after Saturday, you still have some work to do) also dove into the middle of the line and ended his season instantly. Breaking his leg in two places, Matthews was never the same, never having the NFL career he was on course to enjoy. Happily, DeAngelo’s injury looks less severe, and it’s likely he’ll be back next year to build on his already certain reputation as the greatest running back in Tiger football history.

    Williams is truly a joy to watch; I can never make up my mind if he reminds me more of Gale Sayers or Tony Dorsett, but let’s just say he moves in pretty elite company. His misdirection skills are the best I’ve ever seen; if you haven’t been out to see him in person yet, make sure you do next year, for that may be the last chance you get. Williams is the Penny Hardaway of Memphis football.

    But that’ll be next year, more than likely, and this year still has two games to go, now that a U of M bowl bid is a certainty. Those contests promise to be a bit of a struggle offensively (although Derron Parquet acquitted himself well in Number 20’s absence), but with Joe Lee Dunn’s defense hitting on all cylinders, South Florida and whomever the Tigers go bowling with will have their hands full. After five victories in a row, this team really does seem to have a rendezvous with destiny. And now that they’re mastering the concept of winning ugly, I wouldn’t bet against them.

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    M.O.M.’S ARMY II

    Suggestions about the Mall of Memphis poured in from more than 30 Commercial Appeal readers, and when .003 percent of the greater Memphis community speaks, columnist Linda A. Moore listens. Suggestions included converting it into a complex devoted to such nontraditional sports as figure skating and volleyball. (Ooh la-la!) Gwen Riddell of Cordova went so far as to suggest that Memphians are missing out on all kinds of volleyball goodness, telling Moore, In other cities they have more people playing volleyball because of the facilities. So true.

    On the other hand, Pastor Kenneth Whalum Jr. told the CA that the mall might become an incubator for minority-owned businesses. Whalum thinks it might target stores that benefit most from black customers, along with a Memphis Police Department mini-precinct and Shelby County Sheriff s Department substation to address safety concerns.

    As long as the first store to open is called Profiles, who can argue?

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    monday, 24

    Georges Duboeuf wines are featured again tonight at a McEwen s Wine Tasting and Auction at McEwen s on Monroe to benefit Hope House, a center for children affected by AIDS/HIV. And if you re up late, listen in for DJ Mr. White s Nu: Jazz show, 11 p.m.- midnight, on WUMR 91.7 FM for some future and electric jazz.

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    HOW IT LOOKS

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    CALUMNIES

    BLOWHARDS END UP BLOWING IT

    A mighty wind blew across the Northeast recently (no, not the mega-storm that knocked down trees and knocked out electricity to thousands). That other mighty wind: Congress’ 30-hour talkathon. What an embarrassment!

    Not surprisingly, such an abundance of hot air had no effect whatsoever on the continuing conflict between Democrats and Republicans over President Bush’s judicial nominees. Some rich folks lost a little sleep, is all (not to worry, though — it’s not like any of them are missing any meals.) It’s a wonder they can sleep at all; but then, congressional salaries can buy a lot of expensive mattresses, sleep aids, and/or Viagra.

    Congress’ monumental chin-wag did result in one thing, however: It deepened the disgust many Americans feel toward politicians in general. What is especially disgusting is the spectacle of suited wind-bags flapping their flabby gums while America’s finest are being siphoned off as cannon-fodder in yet another war begun by wind-bags who can’t seem to find anything new to say or suggest.

    “Stay the Course!” “The Ultimate Sacrifice!” “Our Deepest Sympathies!” “Evil-Doers!” “Global Democratic Revolution!” — such oft-repeated phrases evaporate like so much flop-sweat on the brows of hypocrites who cannot possibly believe what they’re spouting as they drag the world into a self-fulfilling Armageddon.

    The age of oratory is long dead, apparently, and mercifully so. If this is where grandiloquence has brought us, then too bad the power of speech wasn’t revoked at the Tower of Babel. These days, the lies come so thick and fast and transparent that my 8-year-old can spot them. “War is stupid,” says my third-grader. And wisdom is the property of the dead, according to a poet named Yeats who once wrote meaningful lines about another “War to End All Wars” nearly 100 years ago.

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    sunday, 23

    Matchbox Twenty at The Pyramid.