[wall-street]
[ANCHOR=melanie]
[NEWSCAST=noon]
[WRITER=mel]
[TAPE#=net]
[GRAPHIC=Stock Market]
Will it be another wild day on Wall Street?
Technology stocks took a big tumble yesterday, causing the Nasdaq and Dow to record their widest point swings
ever.
High-tech stocks were also weak today in Tokyo.
As the stock market works through its internet growing pains, President Clinton is holding a summit to try to chart a future for the ecnomy that includes the staggering popularity of tech stocks.
Lisa Hughes reports from Washington.
(///// SOT /////)
[SOT]
[11:30-]
[IN Q=]
[SUPER=03-Washington, DC;]
[SUPER=01-Prof. William Nordhaus/Yale University;]
[SUPER=01-Art Hogan/Financial Analyst;]
[SUPER=01-Lisa Hughes/Reporting;]
[RUNS=1:19]
[OUT Q=CBS News Washington]
((
Members of the Presidents economic summit are meeting after one of the
most volatile trading days in Wall Street history-facing questions about
technologys role in shaping the economy and the best way to expand the
nations economic boom
President: 9:32:34 I BELIEVE THE COMPUTER AND THE INTERNET CAN GIEV US
THE CAHNCE TO MOVE MORE PEOPLE OUT OF POVERTY MORE QUICKLY THAN AT ANY
TIME IN HUMAN HISTORY (08)
Information technology has contributed to an economy so strong it has
surprised even the experts who warn that-at some point-a downturn is
inevitable.
Super: Prof. William Nordhaus/Yale University
10:04:24 THE CURRENT LEVEL OF STOCK PRICES IS NOT ONLY UNREALISTICALLY
HIGH BUT ECONOMICALLY DAMAGING.
The theory-inflated stock prices give investors a warped sense of
prosperity and discourage national saving.
Financial analyst Art Hogan expects the NASDAQs wild ride is over-at
least for now.
Super: Standup: Lisa Hughes/Washington))
[cuban-boy]
[ANCHOR=melanie]
[NEWSCAST=noon]
[WRITER=mel]
[TAPE#=net]
[GRAPHIC=Elian Gonzalez]
The American attorney for Elian Gonzalez's father is meeting face to face with his client today in Cuba.
(------------)
[VO-NAT]
[SUPER=03-Havana, Cuba;]
[4:00:29]
Gregory Craig arrived in Havana last night.
He's there to try to persuade Juan Miguel Gonzalez to come to the U-S.
[SUPER=03-Miami, FL;]
[4:30-CATHY MOSS PKG]
In Miami, Cuban exiles have formed a chain around the home where Elian has lived since being saved more than four months ago.
(////////SOT//////)
[IN=]
((
Ramon Sanchez/Democracia Movement
"We're merely making sure that Elian is not removed without allowing him
the rest of the process or without the family's consent.))
[SUPER=01-Ramon Sanchez/Democracia Movement;]
[RUNS=:07]
[OUT=without the family's consent.]
(------------------)
[VO-NAT]
U-S immigration officials will meet again tomorrow with Elian's Miami relatives.
(------------)
[Senate-Race]
[ANCHOR=Melanie]
[NEWSCAST=noon]
[WRITER=kor]
[TAPE#=99-56]
[GRAPHIC=Campaign 2000]
A Democratic press conference is just now ending in Roanoke. Local democrats say Chuck Robb is the only U-S Senate candidate who would raise the minumum wage. His opponent Governor George Allen voted against a bill to raise minimum wage in 1991.
[Double Boxes=Melanie ANCHOR/Tina Microwave]
Tina Tenret is in Downtown Roanoke with a closer look.
[Live=Tina Full/Microwave]
[SUPER=240-Tina/Tenret/ttenret*wdbj7.com]
[SUPER=205-Roanoke]
[LIVE INTERVIEW]
[SUPER=201-Del. Chip Woodrum/(D) Roanoke;]
[Live=Tina Full/Microwave]
[SUPER=205-Roanoke]
(ad lib)
[Double Boxes=Melanie ANCHOR/Tina Microwave]
Melanie QUESTION
Has there been any response from the Allen camp?
[Nicely]
[ANCHOR=Melanie]
[NEWSCAST=12]
[WRITER=jda]
[TAPE#=00-11]
[GRAPHIC=Campaign 2000]
Residents of Vinton will have another choice in the race for Mayor.
This morning, Andy Nicely announced he'll run as a write-in candidate.
(------------)
[VO-NAT]
[SUPER=203-Vinton]
During a news conference at the Vinton War Memorial, Nicely said he would work to revitalize downtown, develop more programs for young people and senior citizens, and give citizens more input at town hall.
(///// SOT /////)
[SOT 19:22:23]
[IN Q=My original support]
((ANDY NICELY: MY ORIGINAL SUPPORT WAS FOR BOB PATTERSON, AND WHEN BOB DECIDED TO DROP OUT FOR PERSONAL REASONS, A LOT OF FOLKS APPROACHED ME AND SAID I THINK IT'S TIME TO STEP UP AND GET INTO THE RACE. AND I FEEL THE CITIZENS OF VINTON SHOULD HAVE A CHOICE IN THIS ELECTION. IT'S NOT A ONE-SIDED ELECTION.))
[SUPER=201-Andy Nicely/Candidate for Mayor]
[RUNS=:15]
[OUT Q=It's not a one-sided election.]
(------------)
[VO-NAT]
Nicely will face council member Don Davis in the May election.
(------------)
[ANCHOR=Melanie]
[GRAPHIC=HOLD]
Mayor Charles Hill is retiring.
[81-Accident]
[ANCHOR=Melanie]
[NEWSCAST=noon]
[WRITER=dse]
[TAPE#=None]
[GRAPHIC=81 Accident]
A man who was thrown from his car during an accident on Interstate 81 died this morning.
(XXXXXXXX)
[TAKE MAP FULL]
The accident happened last night in the northbound lanes near exit 156-- that's the Troutville exit in Botetourt County.
(-------------)
[ANCHOR=Melanie]
[SS=HOLD]
State Police say the driver, Jerry Lee Connor of Delaware was traveling at a high rate of speed.
He lost control of the vehicle, ran off the left side of the road and struck an embankment several times.
Connor was thrown from the vehicle.
He died shortly after midnight at Roanoke Memorial Hospital.
[Harris]
[ANCHOR=Melanie]
[NEWSCAST=noon]
[WRITER=tha]
[TAPE#=99-60 TC1:48:02]
[GRAPHIC=Legal Scales]
The trial will continue this afternoon for the Roanoke man accused of stabbing his friend to death.
(------------)
[VO-NAT]
[SUPER=03-Roanoke;]
Mike Harris admits he killed 36- year old Paul Wright in November.
[SUPER=04-November 14]
Harris' attorney says his client snapped after the victim allegedly fondled Harris while he was sleeping.
Prosecutors say Harris then stole the victim's car and robbed a convenience store in Smyth County using the same knife as a weapon.
(///// SOT /////)
[SOT 15:21:54]
[IN Q=When he]
((SHEILA HILL/PROSECUTION WITNESS: WHEN HE STOOD UP BEHIND ME, WHEN HE CAME BEHIND THE COUNTER AND HE HAD THE KNIFE AT MY BACK AND HE SAID DON'T MAKE ME HURT YOU BECAUSE I'VE ALREADY KILLED SOMEONE.))
[SUPER=01-Sheila Hill/Prosecution Witness; :00]
[RUNS=14]
[OUT Q=killed someone.]
(------------)
[VO-NAT]
Harris was arrested a short time later in Washington County.
(------------)
[Dillard]
[ANCHOR=Melanie]
[NEWSCAST=noon]
[WRITER=tte/nkr]
[TAPE#=None]
[GRAPHIC=None]
The Blue Ridge Fire Department got its money back and then some after an employee stole five thousand dollars and paid it back with interest.
Former department treasurer William Dillard admitted yesterday he stole the money over the last ten years.
The judge ordered him to serve 250 hours community service and repay the money.
Not only did Dillard pay back the five thousand dollars, he also donated an extra 25-hundred dollars.
The fire department has since tightened up accounting procedures.
[kosovo]
[ANCHOR=melanie]
[NEWSCAST=noon]
[WRITER=mel]
[TAPE#=net]
[GRAPHIC=none]
Eleven U-S soldiers in Kosovo have been injured in a clash with angry Serb civilians.
It is the largest number of American injuries in a single incident during the 10-month peacekeeping mssion.
(------------)
[VO-NAT]
[SUPER=03-Camp Bondsteel, Kosovo;]
[7:34:41]
The Serbs were angry over the arrest of a Serb for illegal weapons possession.
For eight hours dozens of Serbs surrounded the suspect's home south of Pristina, refusing to let peacekeepers leave.
(///// SOT /////)
[SOT]
[IN Q=]
((
we had some M.P. working dogs that were flown in also, so the working
dogs were there, and the people on the side of the canyon threw stones
and rocks at the soldiers and they hit the soldiers on the legs with
sticks))
[SUPER=01-Mayor Debbie Allen/Press Officer;]
[RUNS=:12]
[OUT Q=on the legs with sticks]
(------------)
[VO-NAT]
A Polish soldier and a translators were also injured.
(------------)
[JAPAN]
[ANCHOR=MELA IE]
[NEWSCAST=noon]
[WRITER=mel]
[TAPE#=net]
[GRAPHIC=none]
Japan's has a new leader this afternoon.
(------------)
[VO-NAT]
[SUPER=03-Tokyo, Japan;]
Yoshiro Mori (yoh-shihr-oh mohr-ee) was elected Prime Minister by the ruling Liberal Democratic Party.
He was swept into power after former Prime Minister Keizo Obuchi suffered a stroke over the weekend.
He remains in coma and on life
support.
(------------)
wipe/wipe/wipe[volcano]
[ANCHOR=melanie]
[NEWSCAST=noon]
[WRITER=mel]
[TAPE#=net]
[GRAPHIC=wipe/wipe/wipe]
(------------)
[VO-NAT]
[SUPER=03-Hokkaido, Japan;]
[6:13:59]
Meantime, in northern Japan there are fears that emerging cracks around Mount Usu could signal the formation of a lava dome that could unleash a deadly flow of superheated ash, gas and molten rock.
There are also concerns that rain falling today could trigger massive rock and mudslides on the volcano.
(------------)
[Pitts-Budget]
[ANCHOR=Melanie]
[NEWSCAST=noon]
[WRITER=sch]
[TAPE#=00-04 TC1:04:12]
[GRAPHIC=Pitts Budget]
Property taxes could be going up in Pittsylvania County.
Supervisors have proposed a 95 million dollar budget that includes a tax hike.
Surae Chinn has more.
(/////SOT/////)
[SOT]
[IN Q=Pittsylvania County]
[SUPER=01-Dan Sleeper/Pittsylvania Co. Administrator; :25]
[SUPER=@Surae1; :38]
[SUPER=01-Donald Johnson/Pittsylvania Co. Schools; :49]
[RUNS=1:15]
[OUT Q=Pittsylvania County.]
(( Pittsylvania County needs money for its enhanced 911 system, public schools and juvenile detention centers.
The county board of supervisors did not cut down any department requests.
So the board proposed a 28 cent property tax increase. That would raise the yearly property tax on a 50 thousand dollar home by 140 dollars.
[SOT 58:00]
((DAN SLEEPER/PITTSYLVANIA CO. ADMINISTRATOR: MAJORITY OF ALL YOUR FUNDING GOES TO THE SCHOOL BOARD TO MATCH YOUR REQUIRED STATE AND FEDERAL FUNDS. IT MAKES UP 75 TO 80 PERCENT OF YOUR BUDGET.))
[RUNS:09]
Like many county schools, Chatham high School could use the money.
[SOT 1:10:03]
((SURAE CHINN/REPORTING: IT'S BECOME A DESPERATE TIME IN PITTSYLVANIA COUNTY SCHOOLS. A 13.8 MILLION DOLLAR SCHOOL BUDGET IS NEEDED TO PAY FOR MORE TEACHERS AND AN AVERAGE 6 PERCENT PAY RAISE.))
[RUNS:10]
[SOT 50:13]
((DONALD JOHNSON/PITTSYLVANIA CO SCHOOLS.: IF PITTSYLVANIA COUNTY DOES NOT DO SOMETHING TO IMPROVE ITS COMPETITIVE POSITION RELATIVE TO OTHER SCHOOL SYSTEMS WE ARE GOING TO LOSE OUR BIGGEST AND BRIGHTEST.))
[RUNS:11]
County officials say the tax increase is just a proposal and the final figure probably won't be that high.
But if the board chooses a lower figure, some school officials wonder if they'll get the money they need. Surae Chinn, News 7, Pittsylvania County.))
(------------)
[Halifax-Budget]
[ANCHOR=Melanie]
[NEWSCAST=noon]
[WRITER=sch/nkr]
[TAPE#=None]
[GRAPHIC=Taxes]
Property owners in Halifax County could also see a tax increase.
County supervisors are evaluating several options-- including a three to 10 cent tax increase.
The board is also considering fee-hikes on building and land use permits.
[Nylstar]
[ANCHOR=Melanie]
[NEWSCAST=noon]
[WRITER=equ/nkr]
[TAPE#=None]
[GRAPHIC=New Jobs]
Henry County is expected to receive some good employment news tomorrow.
Nylstar (NILE-star) -- a high-tech textile company -- will expand its current plant in the county.
Sources tell NEWS 7 Nylstar will add 50 workers.
[African-Drum]
[ANCHOR=Melanie]
[NEWSCAST=Noon]
[WRITER=kwe]
[TAPE#=00-03]
[GRAPHIC=None]
Reginald Yates and his orchestra brought the art of African dance to life in Roanoke.
As Kate Weidaw reports, they used drums and movement to teach the art to people of all ages.
(///// SOT /////)
[SOT]
[IN Q=nat sound]
[SUPER=01-Reginald Yates/African Dancer;:27]
[SUPER=@Kate2;1:33]
[RUNS=1:40]
[OUT Q=kwe News 7, Roanoke.]
(([nat sound]
[runs= 3]
[SOT 20:39:57]
[INQ=]
((REGINALD YATES: WHEN YOU START TO MOVE IN AFRICA AND SING THE SONGS OF EMPOWERMENT IT TAKES YOU ON A JOURNEY INSIDE YOURSELF TO ENCOURAGE YOU TO LIFT YOU TO A HIGHER SELF TO HELP YOU UNDER STAND WE'RE ALL CONNECTED BY BREATH AND BLOOD.))
[OUTQ=]
[RUNS= 16]
Reginald Yates and his orchestra travel across the country teaching the roots of African music and culture.
[SOT 20:38:44]
[INQ=]
((YOU SEE AFRICA IN EVERYTHING. ONE OF THE GREETINGS OF SUMBLA BUJA IS SLAPPING YOUR NEIGHBORS HAND IN EXCHANGE FOR A GREETING AND MANY TIMES PEOPLE WILL SEE ATHLETES DOING THIS ALL THE TIME AND WE HAVE TRACED THIS BACK TO BANDIA PEOPLE.))
[OUTQ=]
[RUNS= 16]
[NAT SOUND of WOW Wow]
[RUNS= 5]
[SOT 20:36:01]
[INQ=]
((WE ALWAYS BEGIN THE CLASS WITH GREETINGS THAT ARE ALSO VERY POWERFUL TO ENCOURAGE THEM AND TAKE THEM TO THEIR GREATER SELVES.))
[OUTQ=]
[RUNS= 10]
[SOT 20:37:52]
[INQ=]
((THE MOVEMENT SPEAKS TO THE THINGS THAT WE HAVE AND THE THINGS THAT WE DON'T HAVE.))
[OUTQ=]
[RUNS= 4]
[NAT SOUND DRUMS]
[RUNS= 5]
[SOT 20:50:34]
[INQ=]
((THUS A CONNECTION BETWEEN INSTRUMENT AND THE HUMAN BEING THERE IS NO SEPARATION AND WE LEARN OUR MANNERS IN THE DANCE AND HOW TO TREAT OTHERS IN THE DANCE.))
[OUTQ=]
[RUNS= 10]
And to close the performance the audience leaves with a peaceful thought.
[SOT 20:41:25]
[INQ=]
((THERE'S ALWAYS ONE POEM WE END WITH HOLD FAST THE DREAMS BECAUSE DREAMS DIE LIFE IS LIKE A BROKEN WING BIRD THAT CAN NOT FLY.))
[OUTQ=]
[RUNS= 10]
Kate Weidaw News 7 Roanoke.))
by SS