1. Along a scenic highway in Phoenix, a phone company recently proposed constructing an artificial, three-story-tall saguaro cactus with antennas inside. 2. As expected, the companies proposed a board that included six officers of the companies, eight outside members appointed by Worldcom and three outsiders appointed by MCI. 3. As part of that plan, the company proposes selling assets and using the proceeds to meet some of its debts. 4. At the meeting, the Mexico City-based company will also propose to cancel all the shares it currently has in its treasury. 5. Aware of the apparently intractable human tendency to blab electronically, several companies are proposing to fight technology with technology. 6. Bonds of Flagstar Companies Inc. rose after the company yesterday proposed a restructuring plan that would hand control of the company to bondholders. 7. A Californian aerospace company proposes to harvest liquid oxygen from the atmosphere, which would then be used to blast a space orbiter into space. 8. A number of major oil and gas companies have proposed similar deals to no avail, said a second Mexico-based official for a U.S. energy company. 9. Companies proposed using their own accounting firms. 10. Early this year, several companies proposed such moves. |
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