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vs wvv.portlandobserver.net
C om m itted to C u ltu ra l Diversity
Volume X X IX . N um ber 45
The Oregon
Ballet Theatre
presents The
Nutcracker
See Inside
I
Sheryl L. Ralph
brings film
to Jamaica
See Inside
Novem ber It), 1999
51 days
to the
Look for Popeye’s
new
millennia Coupons Inside!
e ÿlor i íatih ©fase
Sección
en
Español
By the end o f this m onth, a soft renovation to
the Red Lion Hotel Coliseum will be complete.
T he $400,000 m ake-over to the very first Red
Lion establishm ent in Portland will entail not
ju st beautifying the 212-room facility but also
adding new am enities.
T he R ed Lion H otel is currently undergoing
Phase 1 o f renovations where adjustm ents
like sw itching over to electronic locks and
installing a dance floor will be made. W ork on
Phase II will soon follow with plans to redo the
roof, paintw ork, glassing and bathroom s. All
o f these changes are being done to update
O ver five years ago, Paul A llen bought the old
e s ta b lis h m e n t as a p o te n tia lly g o o d
investm ent. M any have yet to recognize this
tw o-star hotel overlooking the W illam ette
R iver as a great bargain for its com petitively
good rates and convenience o f location.
E arlier this year, the hotel regained its brand
nam e from being called D ouble Tree back to
R ed Lion. A nother im portant conversion^was
the return o f popular program s like the Red
L ion Club w here a m em ber can earn free
nights, frequent flyer m iles from two national
airline com panies and a $50 Savings bond.
D ue to the hotel’s prim e location (1225 North
T hunderbird W ay) nearby the C onvention
Center, M em orial Coliseum and Rose Garden
A rena, the im provem ents w ill create the
G overnor John K itzhaber nam ed form er
law m aker Bill B radbury to be the new
secretary o f state. The announcem ent
w as m ade over the w eekend. K itzhaber
says the deciding factoi in the end w as
B radbury’s experience.
Like Dad, Ali Daughter
Predicts KO
tu rn aro u n d n e c e ssa ry to draw in m ore
customers. In taking advantage o f their locale,
the Red Lion H otel w ill at ommodate even
more to the needs o f event e ers by keeping
their lounge open until 2AM and offering
Blazer buffets at the Edgew ater Restaurant on
nights w hen the T railblazers play.
Besides the sw eeping changes occurring
w ithin the Red Lion H otel C oliseum w ith its
renovation and the reestablishm ent o f old
Red Lion tradition, the com pany intends to do
w ell by keeping good corporate-com m unity
ties and aggressively m arket them selves for
a greater presence in the Rose city as part o f
the h o tel’s com ing o ut" celebration.
Sierra Pacific Resources and Enron announce purchase agreement for PC E
1
CHARLESTON, W. Va. -LailaA lipredicts
she w ill knock out her opponent - a 28-
year-old accounting student - w hen she
fights for the second tim e as a professional
b oxer W ednesday night.
The Red Lions
under the
corporate
umbrella o f
Promise Hotels
was voted hi
hotel choice by
the NAACP.
With that
recognition,
the hotels are
gearing up to
serve the
minority
population in a
greater way.
Nichole
Williams, the
Director o f
Sales fo r
Portland is
pictured with
George Rogers,
the Regional
Director o f
Sales in
Vancouver,
Washington.
T he P ortland O bserver
the hotel and keep their com petitive edge.
N ew secreta ry o f state
named
Portland, OR
Permit No. 1610
University of Oregon
Knight Library
Newspaper Section
Eugene OR 97403
B y J oy R amos
of
M em orial serv ice w as held o v er the
w eekend for 75-year-oldN eal W alker and
the crash.
PAID
Red Lion Hotel gets the royal treatment
Crash victims remembered
his 64-year-old w ife, Elaine. T hey had
em barked on a trip to Egypt and Israel.
A nother O regon couple, R aym ond and
D orothy Beck o f Sw eet hom e, also died in
Bulk Rate
U S. Postage
■K
BHT
the prem ier electric utilities in the W est and
W e are looking forward to using our regulated
this transaction is an important step m tultillmg
industry expertise to cnhanee the value of
l’( .1 'sbusinesses w Inleeontinuing top i o\ide
out pte\iousl> stated goal ot expanding oui
" --M l
reeulated utilitx businesses.
jgL-&
sate, reliable electric serx ice to customets.
u fc
4£®tÌÌ
EgyptAir Data Recorder
Found
N E W P O R T , R .I. - E g y p tA ir c ra sh
investigators recovered a dam aged flight
d ata recorder from the depths o f the
A tlantic. O ne o f the tw o boxes on the
B oeing 767 w as found dam aged at one
end, readings o f the tape w as dam aged
w ill be released at a later date.
W a s h in g t o n
Hudson foods grilled in meat
trial
L IN C O L N , N eb. - B efore ordering the
la rg e st m e at re c a ll in U .S. h isto ry ,
executives at H udson Foods stonew alled
federal officials for a w eek about how
m uch b ee f w as potentially contam inated,
a prosecutor told a jury. T he com pany
could be fined $500,000. H udson initially
ordered a recall o f 20,000 pounds o f
ground b e e f p roduced at its C olum bus,
N eb., plant
UPS IPO valued at $5.47
billion
A T LA N T A - U nited Parcel Service is
expected to soar as high as m any hot
technology stocks w hen it begins trading
p ublicly tom orrow . The 92-year-old
A tlanta-based C o m p an y ’s debut on the
N ew Y ork Stock E xchange w ill be w orth
$5.47 billion, the biggest dom estic IPO to
date.
A m azon.com
expands
online offerings
N E W Y O RK - A m azon.com announced
to d ay it is going to start softw are and
hardw are - real hardw are, as in nails,
sandpaper and pow er tools. T he new
offerings are part o f a rapid expansion that
is costing the m oney-losing W eb site
h undreds o f m illions o f dollars.
German Mark 10 years
without wall
B E R LIN - W ith firew orks, concerts and a
huge party at the landm ark B ranenburg
G ate, G erm any on Tuesday celebrated the
courage o f hundreds o f thousands o f East
G erm ans w ho brought dow n the reviled
Berlin Wall 10 years ago with theirpeaceful
M o r e o v e r,
th e
transaction will enable
u s to r e in v e s t th e
p r o c e e d s fro m th e
planned divestiture o f
our N evada generating
a s se ts .”
"W e have been very
p le a s e d
w ith
th e
performance ofPortland
G eneral,” said Kenneth
L.
L ay,
E n r o n ’s
c h a irm a n an d c h ie f
e x e c u tiv e
o f fic e r .
“H ow ever, the rapidly
ev o lv in g co m p etitiv e
(ONTRIRI 'TF.DSTORY
for
T he P ortland O rrery er
Sierra Pacific R esources
(NYSE: SRP) and Enron
C o rp . (N Y S E : E N E )
announced that they have
entered into a purchase and
sale agreem ent for E nron’s
w h o lly o w n e d e le c tric
utility subsidiary, Portland
G eneral E lectric (PG E).
U n d e r te rm s o f th e
agreem ent, Enron will sell
PGE to Sierra Pacific for $2.1
billion, com prised o f $2.02
b illio n in cash and the
a s s u m p tio n o f E n ro n ’s
approxim ately $80 m illion
m erger paym ent obligation.
S ie rra P acific w ill also
assum e $ 1.0 billion in PGE
debt and preferred stock.
T he proposed transaction,
w h ic h is s u b je c t to
c u s to m a ry
r e g u la to r y
approvals, is expected to
close in the second h alf o f
2000.
“ W e ’re excited about this
opportunity to transform
our
com pany
by
significantly expanding our
sc ale and sc o p e in this
com bination w ith P G E ,"
said M ichael N iggli, Sierra
P a c ific
R e so u rc e s’
c h a ir m a n
and
c h ie f
executive officer.
“ Portland G eneral is one o f
electricity market allows
us to deliver com modity
s e rv ic e s a n d r is k
m anagem ent products
to our custom er without
requiring the ownership
o f a regulated electric
utility.”
The
c o m b in e d
c o m p a n y o f S ie rra
Pacific Resources and
P o rtla n d
G e n e ra l
Electric will have a total
o f more than $9 billion in
assets and serve m ore
th a n
1.7
m illio n
c u s to m e rs in th re e
states.
-A K F
HOF
' a
1
Combined Service Territory
A r iz o n a
Sierro Pocific Resources
Nevodo Power Compony
dem ands for dem ocracy.
V
»*”7
LARI MF AO
See more
on Business,
page A6