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About The Battalion. (College Station, Tex.) 1893-current | View Entire Issue (Jan. 18, 1995)
LOOKING FOR EXPERIENCED FLORAL HELP, PART-TIME; FLEXIBLE HRS. WEEK-ENDS REQUIRED. PLEASE APPLY IN PERSON AT THE BRYAN LOCATION: 2104 TX. AVENUE SOUTH *111 mAS HALL OF FAME Your #1 Live Country Night Spot! Thurs. Night - Merle Flaggard Concertt &: Dance. 300 standing room tickets available. $20. at the door. Doors open at 8. Dance 9-1. Fri. Night - $4. cover. $2. off with a current student/faculty/staff ID all night. 25f bar drinks &: draft beer, 75<f longnecks 8-10 pm. Doors open at 8. Dance 9-1. Sat. Night - $1.50 Pitchers 8-10 pm, $1.25 longnecks all night. Doors open at 8. Dance 9-1. Upcoming Concerts 1/26: David Ball 1/28: Moe Bandy T ickets available at the Hall &c Court’s 822-2222 2309 FM 2818 South Do You Worry Too Much? Dr. Steven Strawn is seeking volunteers for a 2 - month research study of an investigational medication for anxiety. For more information call: 846 - 2050 Monday - Thursday 9 a.m. - 5 p.m. 77ie end starts back there... Students wait patiently in long registration lines at the Pavillion for schedule changes on the first day of classes. ?loppy Joe 's 5 o -f ~t w <k y c Sam Houston Race Park faces possible bankruptcy S o r~ IBM & MAC SOFTWARE, HARDWARE & ACCESSORIES I ONE year"FREEMEMbTrSHIP I or , $5°° OFF YOU NEXT PURCHASE OF J $10°° OR MORE J Limit one coupon per visit. Expires 01-31-95 1 705 Texas Ave., Culpepper Plaza 693-1706 WHY THE MOST POPULAR TEST PREP COURSE ALWAYS HAS EMPTY SEATS. 77ie Princeton Review is not affiliated with Princeton University or ETS. We're proud of the fact that so many students want to take our course. But one thing we never do is cram them all into one room. We put 8 to 15 students in our MCAT, GRE, GMAT, and LSAT classes. What does that mean for you other than a little more leg room? It means that you can't find more personalized training. Since our teachers aren't overwhelmed by the size of their classes, they have time to answer your questions without rushing. If you're struggling with a particular concept, an instructor will work with you, one on one, until it sinks in. That's one reason why over 30,000 students a year choose us to prepare them for their tests. But don't worry, you won't be in a class with all of them. THE PRINCETON REVIEW 1409) 696-9099 Info@p0view.com HOUSTON (AP) — Officials at the financially troubled Sam Houston Race Park are down playing the impact of the de fault of a $4.3 million interest payment to bondholders. “We did not, and had not, planned on making that pay ment,” <Judi Mohn, director of communications for the race track, said. “Negotiations are ongoing, and we are not com menting on the negotiations themselves.” The default came Sunday. Under terms of the bond offer ing, officials of the less than year- old north Houston horse track have 30 days to come up with the cash to meet the interest payment or negotiate a new payment schedule with bondholders. Financial problems have plagued the track and the cur rent thoroughbred meet, which began in October, has not lived up to expectations for atten dance and wagering. Daily track attendance has plummeted from 7,500 to 3,600, and per capita wagering has fallen from $76 to $52. Mohn, however, said the track ’s financial difficulties have had no effect on operations. “Every time we get a head line, people think we are closed,” she said. “We have pro motions scheduled throughout the meet.” The current thoroughbred meet is to run through April 2. One investor. Bob Levy, president of the Atlantic City Racecourse, said cuts in purses and what he calls mismanage ment of the track are responsi ble for the problems. “They’ve consistently hurt themselves by slashing purses to the point where the quality of racing has dropped precipi tously low,” he said Monday. “They’ve lost too many good stables, too many good* horses and turned off too many people in the Houston area to make the track work. “It has not been fun to see the promise of a healthy racing industry in the region being sent down the tubes.” Track president Jim Note- ware denied the accusations of mismanagement. “We have a new manage ment team in place and a good plan to improve our prospects for the future,” he said. Documents filed with the Se curities and Exchange Commis sion show the $4.3 million pay ment was the first payment due on the bonds scheduled to be made from revenues generated by the track’s operations. Several payments already had been made to bondholders since July .,1993 but were made from bond money held in re serve to service the debt during a 14-month construction period. That meant track officials were repaying bondholders with their own money. If the racetrack partnership remains in default after the grace period expires, bondhold ers have the right to begin fore closure proceedings. The partnership could seek bankruptcy protection to fend off foreclosure proceedings and keep the track operating while they attempt to work out their financial problems, track offi cials have indicated. Track officials met with bondholders in late November and asked them to take 50 cents on the dollar for the track’s $75 million in outstand ing bonds and reduce the inter est rate from 11.75 percent to 8.5 percent. The default marked the sec ond time since the track opened last April that partnership offi cials failed to live up to finan cial obligations. SEC documents showed the partnership last July defaulted on a payment on a $1.6 million promissory note to an unnamed creditor. The creditor threatened to accelerate the note if the $160,000 outstanding payment was not made by Sept. 20, and track officials disclosed in the SEC filing that they were nego tiating a discounted payout on the note. An SEC filing in September indicated that the negotiations were apparently unsuccessful because the partnership met the full $160,000 payment by the deadline. Broadcasters, Cable Fine- Tune Plans for Simpson Trial NEW YORK (AP) — The long-awaited opening state ments in the O.J. Simpson double-murder trial will get ’round-the-dial live coverage on network and cable televi sion when they begin this Thursday or Friday. After that, viewers who want saturation coverage will have to choose their stations. CNN is adjusting its schedule for extensive, live coverage of the trial, and Court TV and E! Entertain ment Television plan gavel- to-gavel attention. Barring significant devel opments in the following day’s proceedings, however, ABC, CBS and NBC will re vert to regular daytime schedules. The networks will opt for “O.J. minutes,” or brief hourly or periodic trial updates. ABC, CBS and NBC, all with “hot” control rooms able to go live instantly, have pledged to provide live cover age of major developments, key testimony, closing argu ments and verdict. “Decisions will be made on a daily, hourly, ev.en minute-by-minute basis,” said Lane Venardos, CBS’ director of hard news and special events coverage. “There’s just no way to de cide up front.” Chart a Course for Success Brussels Paris The waters of international business and commerce are difficult to navigate. Let us guide you through the ebb and flow of global change. Boston University International Graduate Centers combine a tradition of academic excellence with a rich diversity of resources to provide students with an excep tional educational experience. call 617/353-6000 To receive information by fax, call METFAX at 617/353-2744 ext.400 • London • Master of Sci • Master of Arts Relations • Evening and week! • Admission in September, January, and April ent BOSTON UNIVERSITY International Graduate Centers f For FREE Information, return to: 755 Commonwealth Ave., Boston, MA 02215 NAME ADDRESS CITY_ | Site Preference(s): d Brussels □ Israel 1 An equal opportunity, affirmative action institution. STATE ZIP Q London □ Paris University Bookstores Three Off-Campus Locations to Serve You Northgate - Culpepper Plaza - Village “Your Source for Educationally Priced Software” Back to School Calculator Specials Tl - 82 Remanufactured $69.99 (Remanufactured units have the same warranty and are available from a select group of College Book stores. This calculator is required or recommended in Math 102, 131, 141, 142, 166, or 601.) HP 48G $ 99.95 HP 48GX $215.00 (Your choice of these calculators are required or recommended in Math 171, 172, 251, 304, 311, or 423.) HP 10B $ 29 95 HP17BII $ 82.00 HP19BII $129.95 HP BAN PLUS $ 29.95 (Your choice of these calculators is required or recommended for AG EC 340, FINC 341 or 630) The Battalion is accepting applications for • GRAPHICS ARTIST • • REPORTERS • 2 • PHOTOGRAPHERS • • AGGIELIFE WRITERS • ™ 013 Reed McDonald Building — 845-33 13 -fo TAMALE EXPRESS Also Available: Soft Tacos Burritos Nachos Gumbo Frito Pies Chile Chile Con Queso Rice Beans 729 University, C.S. Across University from Blocker behind Taco Bell Mon-Sat. 11 a.m.-9p.m. Open late on weekends 12a.m.-2a.m. Phone: (409) 691-2247 I I Through this month get | our Famous Tamale Plate I or 1/St dozen Tamales for I I [pDr*3(S© I Come by or phone in your order today! | *Aggie Owned and Operated