Alcatel gives unexpectedly robust forecasts for fourth quarter, adding that it plans to be profitable in 2003; says it will report revenue growth of nearly 30 percent from prior quarter; expects fourth-quarter sales growth of about 20 percent from third quarter; graph (M)

Alcatel Surprises Investors With Good 4th-Quarter News

Amanda Hesser comments on how lighting affects a restaurant's atmosphere, and a diner's mood; describes dining light at various establishments; photos (M)

The Glow and the Glare

Lawrence Van Gelder column reports on symposium on proposed designs for reconstruction of Lower Manhattan at Cooper Union, art exhibition at Bruce Museum of Art and Science in Greenwich, Conn, concert at Society for Ethical Culture featuring songs Samuel Pepys and readings from his diary and selection of New York City Ballet and lighting designer Jennifer Tipton as first winners of Jerome Robbins Prize for excellence in dance art; photo (M)

FOOTLIGHTS

 $70 Million in Fines Paid In Illegal Stock Trading  Seven former traders and executives of Datek Online, once heralded as a pioneer in online stock trading, agreed to pay $70 million in fines for what regulators called illegal trading and fraudulent bookkeeping during the market boom of the 1990's. The Securities and Exchange Commission called it one of the largest securities fraud settlements in history.    Regulators said the group of former traders and executives made tens of millions of dollars by engaging in stock fraud that went on for nearly a decade and involved taking advantage of a Nasdaq trading system that was intended to help smaller investors. [Page A1.]

BUSINESS DIGEST

Court appearance for Washington sniper suspect Lee Malvo noted

Sniper Suspect in Court

Holly B Becker, one of Wall Street's most powerful Internet stock analysts, and her husband Michael J Zimmerman have been notified by securities regulators that they may face enforcement action over possible insider trading based on research at Becker's firm Lehman Brothers; inquiry centers on whether information from Lehman Brothers was made available to Zimmerman, stock trader at SAC Capital Advisors, hedge fund with offices in Connecticut and New York; Becker has not published any research since June; Amazon.com, online retailer, is one of stocks whose research and trading have aroused interest; regulators are examining trades by SAC Capital in Amazon shares in June and July 2000; regulators have looked at trading in days leading up to release of negative Amazon report written by Ravi Suria, then convertible-securities analyst at Lehman; Suria's report questioned viability of Amazon and was made public after market closed on June 22, 2000; Amazon's shares tumbled 19 percent next day on heavy trading; photo (M)

Wall St. Analyst and Husband Under Scrutiny

Pres Bush asks administration lawyers for brief arguing that University of Michigan's admission process goes too far in its use of race to make decisions; weighs position as Supreme Court prepares to hear case with far-reaching political implications; Bush's conservative backers fiercely oppose race-based preferences, but Republicans are also courting minority voters; variety of possible legal positions explained (M)

Bush Weighing Brief Opposing College on Race

New York Yankees introduce newly acquired outfielder Hideki Matsui of Japan at news conference; photos (M)

Matsui Draws His First Crowd for the Yankees

Southampton Town Board authorizes town to buy 3.9 acres on North Sea Harbor, including Conscience Point Inn, nightclub that has long been object of residents' complaints and which became notorious in 2001 when Elizabeth S Grubman drove her SUV into crowd of clubgoers; town now wants to turn land into more genteel sort of attraction, building small restaurant, public marina and inside club itself, perhaps a small museum commemorating arrival of English settlers in 1640; photo (M)

With Land Deal, Town Aims to Bulldoze a Scandal

Gov James E McGreevey delivers his first State of State address to New Jersey Legislature; issues fervent call for legislators to curb development and sprawl in state; calls for changing automobile insurance system; promises to veto anticorruption measure because it does not include local and county governments; photo (M)

McGreevey To Legislators: Fight Sprawl

Damon Hack On Pro Football column discusses Oakland Raiders' desire to win Super Bowl to redeem years of turmoil and, most recently, loss to New England Patriots in last year's playoffs; photos (M)

Stormy Raiders See a Silver Lining

Airbus says it is raising price of its aircraft by average 2.5 percent and forecasts that it will deliver about 300 aircraft in 2003, setting it on course to be market leader in terms of orders and deliveries over Boeing Co; also says it will progressively begin to price aircraft in euros rather than in dollars; president-chief executive Sir Noel Forgeard warns of challenges in 2003 after rocky year when airlines lost $13 billion; photo (M)

Airbus Says It Is on Course To Lead Market in Aircraft

Canadian unit of Koch Industries says ambitious project to extract oil from tar sands at Fort Hills in northern Alberta has been shelved; $2.2 billion project was among spate of oil sands developments in western Canada; Alberta's oil sands have recoverable reserves 40 times size of estimated reserves of Arctic National Wildlife Refuge in Alaska, and region has been seen as way for US to reduce its dependence on overseas oil; Fort Hills project, 78 percent owned by Koch Industries and 22 percent owned by UTS Energy Corp, was at advanced planning stage, with production due to start in 2005; full production of 190,000 barrels per day was scheduled for 2008; David Park, president and chief executive of Koch unit, comments (M)

Producer From U.S. Shelves Oil Sands Project in Canada

BP says oil-refining division was less profitable in fourth quarter than it was in third as seasonal shifts and strike in Venezuela sent prices for crude oil soaring; higher oil prices can dampen demand and make crude more costly to process (S)

World Business Briefing | Europe: Britain: Refiner's Profit Falls

Samsung Heavy Industries reports net income last year of $93 million, nearly twice year-earlier figure; sales increased 3.7 percent (S)

World Business Briefing | Asia: South Korea: Samsung Profit Surges

Royal Wessanen, world's largest marketer of specialty foods, cuts is 2002 and 2003 profit forecasts and agrees to departure of chief executive Mac Zondervan; graph (S)

World Business Briefing | Europe: The Netherlands: Food Concern Cuts Outlook

Matthew Purdy comment on Gov James E McGreevey's State of State address, noting McGreevey's pledge to fix New Jersey's child welfare system after horrendous abuse case discovered in Newark (M)

Our Towns; Little Boys, Already Fading In Big Picture

Dave Anderson Sports of The Times column discusses decision by NFL to start playoff games later in day in effort to get better television ratings, forcing teams and fans in cold weather sites to brave colder weather; photo (M)

Sports of The Times; The Later, The Colder, The Sillier

There are only two shops left in Midtown Manhattan that cater to model train enthusiasts, Red Caboose on West 45th Street and Manhattan Train and Hobby, rival across the street; they are remnants of what was once thriving little district catering to model train enthusiasts; two existing stores struggle to survive, a reflection of hobby's waning popularity; these days, model trains are increasingly geriatric pursuit; photos of Alan J Spitz, owner of Red Caboose, and Ralph Israel, owner of Manhattan Train (M)

Graying, And Playing With Trains; 2 Midtown Hobby Shops Struggle as Customers Dwindle and Grow Older

Interview with 79-year-old Raul Corrales, one of last great living photographers of Cuban revolution; photos (M)

The Ones That Didn't Get Away; A Photographer Who Portrayed Cuba's Revolution With Complex Wit

Foreign investment in China rose 12.5 percent, to $52.7 billion, in 2002; contracted foreign investment, sign of future investment flows, rose 19.6 percent, to $82.8 billion (S)

World Business Briefing | Asia: China: Foreign Investment Grows

Swiss team Alinghi defeats Oracle-BMW in first race of Louis Vuitton Cup finals, nearing opportunity to qualify for America's Cup; photos (M)

Swiss Has Peak to Scale, but It's Not an Alp

Maneuvering for Oscar nominations is in full swing in Hollywood one week after ballots were sent to nearly 6,000 members of Academy of Motion Picture Arts and Sciences; unprecedented number of screenings and question-and-answer sessions join usual schedule of banquests, brunches and nearly nightly awards ceremonies; front-running films under current wisdom are The Hours and Chicago; photo (M)

Dance Time For Oscar (But Don't Admit It)

Anger among NFL officials, football coaches and fans over crucial calls in playoff games spreads to game officials who charge NFL is making them scapegoats for systemic problems; intense spotlight on officiating distracts from approaching showcase games leading up to Super Bowl; Baltimore Ravens owner Art Modell sees no serious longterm problem; virtually every game has disputed calls but they are magnified in front of national television audiences and in very close big games, such as recent New York Giants-San Francisco 49ers game; photos; Paul Tagliabue says that error was most disappointing moment in his 13 years as commissioner; game officials protest 'massive confusion,' saying guidelines for interpreting rules should be consistent; sophisticated technology also makes it easier to see errors in fast-paced game (M)

Spotlight on N.F.L. Playoffs Exposes Rift Over Officiating

Interview with Michael H Darnell, Fox vice president for alternative programming and man behind network's reality shows, including current hit Joe Millionaire, new reality special called Man vs Beast, in which 50 midgets and elephant will engage in pulling contest, and next creation Second Chance, in which show business has-beens will vie for momentary return to glory; photo (M)

Has Fox's Own Reality Imp Reached the Limit? Get Real!

Doris Fisher was an American singer and songwriter, collaborating both as lyricist and composer. She co-wrote many popular songs in the 1940s, including "Whispering Grass", "You Always Hurt the One You Love", "Into Each Life Some Rain Must Fall", "That Ole Devil Called Love", and "Put the Blame on Mame." Her songs were recorded by the Ink Spots, Louis Prima, Billie Holiday, Bing Crosby, the Andrews Sisters, Pearl Bailey, the Mills Brothers and Ella Fitzgerald amongst others.

January 15, 2003

Headlines from January 15, 2003

Alcatel Surprises Investors With Good 4th-Quarter News

The Glow and the Glare

FOOTLIGHTS

BUSINESS DIGEST

Sniper Suspect in Court

Billboard 200

8 Mile

Come Away With Me

Let Go

Home

Stripped

Notable Deaths

Historical Context for January 15, 2003