May 12, 2000

WALL STREET'S BAD BET

WHOLESALE inflation has risen a whopping 1 percent in each of the last two months. Does that mean the financial markets are due for some good news today? Yes and...

XEROX CEO RESIGNS UNDER PRESSURE

CEO Richard Thoman handed in his papers at Xerox yesterday. Thoman, who lasted just one year and presided over a 50 percent slide in Xerox stock, quit after coming under...

OH, NO, MR. BILL! LEGAL TAB MAY TOP $6 BILLION

Microsoft's epic antitrust slugfest with the federal government could cost the software giant a whopping $6 billion in legal fees and settlement costs over the next few years, industry experts...

INVESTORS BOLT FROM AT&T'S SINKING SPINOFF

AT&T CEO Michael Armstrong's distress is growing as the tracking stock he unleashed on the market last week falters - with many investors bailing out at a loss. The stock...

ARNAULT'S ART GAME - STEALING MARKET SHARE COST HIM A FORTUNE

French tycoon Bernard Arnault is upsetting the art auction world - and he's glad about it. Overnight, he's turned the $5 billion auction game into a three-way race for the...

YET ANOTHER TOP HONCHO ZIPS OUT OF BOO.COM

Another top executive at boo.com has jumped from the sinking ship. Chief Technology Officer Rob Shepherd announced yesterday he will leave the six-month old fashion and sportswear Web site that...

AOL-TIME WARNER DEAL HITS ANOTHER SNAG

AOL's planned acquisition of Time Warner has received another blow, as several U.S. Senators started asking questions about whether the combined companies would hinder access to rivals' Web sites. The...

'EARTH' IS TERRA-BLE

BATTLEFIELD EARTH In the year 3000, humans led by Barry Pepper rise up against their extraterrestrial oppressors, headed by security chief John Travolta with ridiculous makeup and an absurd British...

HAWKE PROVES NO MATCH FOR THE BARD'S GREAT DANE

THE only tragic thing about the gorgeously photographed but embarrassingly sophomoric new "Hamlet" is the lonely spectacle of Liev Schreiber giving a deeply felt, expertly spoken performance as Laertes that...

DANCE FLICK'S A KICK

LET'S get right to the bottom line: "Center Stage" is the best dance movie since "Flashdance."It's not surprising to read that Columbia Pictures Chairman Amy Pascal - whose mentor, the...

MOTHER'S LITTLE HELPER: TV; THE SECRET BABYSITTER

OPRAH babysits my infant. So does Regis. And Bob Barker. And Tinky Winky. I let the TV babysit. And I feel guilty about it. But I don't stop. I can't....

GOOD CAST CAN'T SAVE 'COMING'

TOO crude for serious audiences and too serious to be good exploitation, "Coming Soon" is a teen sex comedy that's predictably getting a token theatrical release prior to its imminent...

THE STARR REPORT

Ahmad's mod world Ahmad Rashad was recently named the new host of "Real TV," replacing John Daly. That much you might know. But insiders now say that the plan is...

A CRIMINAL WASTE OF FOXX

THIS is a cheap-looking lowbrow comedy that likely would have gone straight to home video if its star, Jamie Foxx, hadn't created a sensation in Oliver Stone's "Any Given Sunday."...

WITH WOETZEL, 'THEME' WORKS LIKE DREAM FOR ABT

IT'S not quite the same as knocking on a neighbor's apartment to borrow a cup of sugar. But that's pretty much what American Ballet Theater honcho Kevin McKenzie did Wednesday...

KEEPING 'MISERY' COMPANY - A CHAT WITH ELLIOTT SMITH

ACCLAIMED singer/songwriter Elliott Smith is a very soft-spoken guy, but don't cross him with questions about why his songs are so melancholy. "The maddening part of modern life is having...

TRAVIS LOVES TO BE IN AMERICA

WHEN the Scottish quartet Travis released "The Man Who" in Britain last year, the press immediately accused the album of being a Radiohead rip-off. But European and U.K. fans embraced...

LATIN BEAT FOR 'DIRTY DANCING'

THE dancing's about to get dirty again, with plans for a sequel to the 1987 film that sparked a worldwide craze. Miramax and Artisan yesterday announced they will team up...

'JESUS:' DON'T EXPECT MIRACLES

THE bad news is that Jesus has no rhythm. The good news is that if you believe CBS's new miniseries. "Jesus," you'll discover that Jesus of Nazareth was really more...

STEWART'S FATE UNCLEAR - ACTOR DEFENDS SELF IN DISPUTE

AS of late yesterday afternoon, the resolution of the very public dispute between Patrick Stewart and the Shubert Organization remained one of Broadway's most closely-guarded secrets. Stewart appeared before an...

'SCHOOL RAPE' VICTIM'S KIN TO SUE CITY

The family of an 18-year-old girl yesterday filed notice of a multimillion-dollar lawsuit against the city after the teen was allegedly raped by another student in a Brooklyn special-ed school....

NEW 5TH-GRADE TEST WON'T BE READY IN TIME

ALBANY - State education officials plan to postpone the start of a fifth-grade social-studies assessment test for a year, The Post has learned. The required test was to be given...

ANCIENT LUST FOR POWER OFTEN IGNITES POWER OF LUST

FACE it: If Rudy Giuliani, the best mayor in the world, were a shoe salesman, he could not have gotten lucky in a Budapest bordello with a bucketful of bullion....

18 RUSSIANS DIE IN CHECHEN AMBUSH

At least 18 Russian troops were killed yesterday in an ambush by presumed Chechen rebels, officials in Moscow said. Gunmen surprised the troop convoy in Ingushetia, on Chechnya's western border,...

BABY'S BIRTH BOOSTS INDIA TO 1 BILLION

India today celebrated the birth of its 1 billionth citizen - a 6-pound, 13-ounce baby girl. The arrival of Astha Arora, whose given name means "Faith" in Hindi, drew huge...

BRONX SCHOOL GUARD IN DRUG BUST

A 57-year-old school safety officer was busted on drug charges at his Bronx apartment early yesterday, police said. Julius Bonnelli, a 28-year veteran assigned to Adlai Stevenson HS, was charged...

U.N. TROOPS HIT BY 'FRIENDLY FIRE' IN SIERRA SNAFU

Nine U.N. peacekeepers in Sierra Leone were wounded by "friendly fire" when they broke through rebel lines and were mistakenly shot by government troops, authorities said yesterday. Three of the...

COPS SLAM BRAKES ON 'HOT WHEELS' RING

Talk about sticker shock. Cops posing as chop-shop owners were able to buy 12 stolen luxury cars at a 90 percent discount in a Manhattan sting operation, police announced yesterday....

HIZZONER'S HELPERS LOOK FORWARD TO OLD 'BUSYNESS' OF SENATE CAMPAIGN

Mayor Giuliani's Senate campaign workers did their best yesterday to appear optimistic about the future of their candidate's bid. "We're all going about our business - full steam ahead," said...

CARDINAL'S NIECE RECALLS HIS MESSAGE OF LOVE

A niece of the late John Cardinal O'Connor says her beloved "Uncle Jack" told her he wanted to leave people with one thought - that "love is truly the only...

HILLARY: LEAVE 'EM ALONE - TAKES HIGH GROUND IN RUDY-DONNA SOAP OPERA

Hillary Rodham Clinton - whose own marriage has been endlessly dissected in public - urged yesterday that Senate opponent Mayor Giuliani and wife Donna Hanover "be left alone." During an...

L.I. GENIUS, 11, SUES: SCHOOL WASN'T UP TO GRADE

The parents of an 11-year-old Long Island genius are suing her former school district for $80 million - claiming it denied her the special education she needed. Alia Sabur, who'd...

COURT REJECTS MOM'S IQ TEST IN LEAD-PAINT SUIT

ALBANY - The state's top court has shot down a Manhattan landlord's attempt to force a tenant to take an IQ test to see if her son's low intelligence was...

GOP PREPARING ITS JUST-IN-CASE LIST

Near-billionaire Teddy Forstmann and Rep. Rick Lazio were the front-runners last night as GOP leaders searched for alternatives if Mayor Giuliani pulls out of the Senate race. Party leaders were...

HIZZONER CAN LEAN ON ME: ARCHBISHOP

New York Archbishop-designate Edward Egan said yesterday he'd be willing to meet with Mayor Giuliani as the mayor struggles through health and marital woes. Egan, the 68-year-old prelate who was...

BADILLO RIPS FEDS' CUNY 'BIAS' WATCH

The head of the City University of New York yesterday blasted the Clinton administration for monitoring whether CUNY's tougher admissions policy discriminates against minorities. "There's absolutely no basis for monitoring,"...

ARMY BRASS MIGHT SLAP GEN. 'GROPER'

WASHINGTON - Army inspectors have concluded that the Army's top-ranking woman was groped by a fellow general who tried to steal a kiss, it was reported yesterday. However, even if...

THAT CAD! WOMEN VOTERS SLAPPING RUDY

The city sizzled with scorn yesterday as New York women unleashed their fury at Mayor Giuliani for announcing his separation from wife Donna Hanover without telling her he was going...

QNS. STEPMOM IN CRUEL ADOPT HOAX: DA

A Queens woman was charged yesterday with bilking her stepdaughter out of $10,000 in a heartless adoption hoax, authorities said. Mercedes Campi Kelter, 51, of Maspeth perpetrated the "cruel scheme...

HOW DARE HE STICK US WITH SEN. YOU-KNOW-WHO!

SORRY if this sounds selfish, what with Gracie Mansion now resembling an intensive-care unit for physically and emotionally damaged adults. But what about us? A woman from Queens was on...

MAKING BOOK ON AMERICA - BRITISH AUTHOR IS EAGER TO BE A U.S. CITIZEN

BRITISH bad-boy author Martin Amis may soon become an American citizen. One of England's leading literary lights, Amis, author of "Money" and "The Information," said he craves the energy New...

TRAGEDY-SCARRED KENNEDY KID LEADING MOMS IN 'GUN' FIGHT

WASHINGTON - Before she was out of high school, Kathleen Kennedy Townsend lost her dad and her uncle to gunfire. "I've seen the devastation of gun violence," said Townsend, Maryland's...

COPS WARN OF PHONY KNICKS TIX

The NYPD has arrested several con men peddling counterfeit Knick playoff tickets for as much as $600 each near Madison Square Garden, and are warning fans not to patronize scalpers....

LEVY FIGHTING RESIDENTS TO GET QNS. SCHOOL BUILT

Interim Schools Chancellor Harold Levy said yesterday he'll wage war against Queens residents who want a Staples store instead of a new school on a vacant site in an overcrowded...

ELIAN JUDGES ARE SOUNDING SYMPATHETIC ABOUT ASYLUM

The tug-of-war over Elian Gonzalez went before a federal appeals court yesterday, where two of the three judges appeared open to the idea that a 6-year-old can seek political asylum....

TOP COUNTRY-MUSIC TEEN QUEEN LEANN SUES DAD

Teen country songbird LeAnn Rimes has hit her dad with a stinging lawsuit - charging he bilked his country-star daughter out of more than $7 million. LeAnn, 17, says Wilbur...

SKEETER SPRAY OK, EPA ASSURES CITY

Federal officials yesterday said malathion - the spray used to kill West Nile virus-carrying mosquitoes last summer - doesn't harm humans, an assurance that pleased City Hall but left some...

LADY TEACHER WAS TEEN'S SEX-ED TUTOR

The Board of Education said yesterday it would fire a female Brooklyn high-school teacher who admitted having a sexual relationship with a 15-year-old male student. Nicole Matarese, 29, of Staten...

CRYSTAL BALL WILL CLEAR UP OVER THE WEEKEND

MAYOR GIULIANI will be seriously weighing his political future this weekend - and likely will announce whether he's running for the Senate in "five or six days," aides tell Campaign...

NEW 'PRINCE' IS CHARMING N.Y. - MEETS PRESS AFTER VATICAN DECLARATION

The man chosen to lead New York's Catholics charmed his way into the Big Apple yesterday - mixing a quick wit with pithy comments on politics, the priesthood and saving...

OUT-OF-CONTROL BLAZE NEARING NUCLEAR LAB

A series of roaring blazes - intentionally set by federal land managers - swept out of control across northwest New Mexico and inched closer to the famed Los Alamos nuclear...

GALS DIDN'T GET FINANCIER'S INTEREST - '$CAM' FUGITIVE: I NEVER HAD A HAREM

Jailed financier Martin Frankel has broken his silence - denying from his German prison cell that he kept a harem of women in a palatial Connecticut mansion and engaged in...

'INSANITY' PLEA HAS VICTIM'S KIN LIVID

Westchester prosecutors yesterday grudgingly accepted an insanity plea from a celebrated schizophrenic who knifed his pregant fiancee to death - drawing an angry response from the victim's family. District Attorney...

GIULIANI: IT'S ALL BEEN A CRYING SHAME - ADMITS CANCER AND MARITAL STRIFE REDUCED HIM TO TEARS

A stressed-out Mayor Giuliani said yesterday he's "never faced anything" like the health and marriage crises imperiling his political prospects. "Do I feel like crying sometimes? Yeah, of course. Of...

'ARTLESS MOTHER BUSTED AT MUSEUM

A Queens mom painted herself into a corner yesterday - abandoning her 8-year-old daughter in the Metropolitan Museum of Art, police said. Cops said Paula Isaz, 40, of Jamaica, dropped...

ROGER HOPIN' FOR ANOTHER BLUE STREAK

The date was June 3, 1998, and it stands as one of the few times Roger Clemens admitted he wasn't pitching up to the extremely high standards he demands from...

NELLIE IN RIGHT PLACE, RIGHT TIME

JEFF NELSON isn't exactly anonymous. After all, he's a 6-foot-6 pitcher and plays for the two-time world-champion Yankees. Not only do people recognize him on the streets of Manhattan, but...

AIR, JARVIS HUDDLING

Last night was the hors d'oeuvres. Today is the main course. Michael Jordan, part owner of the Wizards, was expected to be the featured guest last night at St. John's...

OLD AND RELIABLE: FRANCO CUTS THE BOOS

PITTSBURGH - The sight may become familiar. It's the ninth inning, the Mets have a save situation, and, in their bullpen, a righty and a lefty are warming up. That...

SHOULDER MAKES REY TAKE SEAT ON BENCH

MET NOTES PITTSBURGH - Because of soreness and inflammation in his right throwing shoulder, Mets trainer Fred Hina expects Rey Ordonez to miss three to seven days. However, Hina, GM...

EINERTSON HOPES TO MAKE MAJOR IMPACT

On the surface, Darrell Einertson had a fairly typical upbringing for a baseball player. He and his brothers were "ball rats" who grew up in Des Moines and watched the...

IT'S THE START OF SOMETHING BIG

THE opening of the bass and fluke seasons were just two days a part, but it felt as if an entire season had passed as far as the weather was...

NOBODY CAN SAY IT QUITE LIKE EMRICK

MERELY transcribing Doc Emrick's play-by-play work doesn't do justice to his artistry. Ya gotta be there. But we'll give it a shot. Late in the first period of Leafs-Devils, Game...

KNICKS HUNGRY FOR SOME HOME COOKIN' - LJ & CO. LOOKIN' FOR SOME MSG MAGIC AS SERIES RESUMES

It's been 16 days since the Knicks last heard the Garden's deafening playoff roar. They last graced the Garden floor on April 26 for Game 2 of their first-round series...

RILEY PLEA: HELP WANTED

MIAMI - You look at Miami's scoring column for the first two games of the Eastern semis against the Knicks. You look closely at the top: Jamal Mashburn, 23 points...

VG'S CREW MUST KEEP PACE WITH INDY

LOOK closely at these NBA playoffs and a familiar trend has developed. The Indiana Pacers have become the Knicks of a year ago and that makes it imperative Jeff Van...

CHILDS PROMISES TO ACT LIKE ADULT

Next to Kurt Thomas, Chris Childs is the Knick most likely to overheat. Just ask Kobe Bryant. Midway through the fourth quarter of Game 2 Tuesday against the Heat, Childs...

RETAILERS HIT WITH KEY LOSS

JET FANS upset over the team's unceremonious dumping of All-Pro receiver Keyshawn Johnson should consider the plight of sporting goods retailers who are now stuck with thousands of Johnson's No....

STUCK IN DENIAL - RELIANCE ON EWING UNPLUGS KNICK 'O'

ENOUGH, already. What difference does it make if Marcus Camby is in the game as long as Patrick Ewing's in the game? The Camby playing-time issue only masks the real...

SUNSET RACING BACK AT BELMONT

Building upon the success of Sunset Racing on Fridays at the Belmont Park spring/summer meeting last spring, NYRA will present Sunset Racing every Friday of this year's spring/summer meet, beginning...

SPEEDY 'HEF' SETTING SIGHTS ON 2ND JEWEL

The prospective field for the May 20 Preakness Stakes gained an unexpected starter when owner Ed Nahem announced that his California-bred colt Hugh Hefner would fly in from the West...

RILEY SWEARS GARDEN'S JUST ANOTHER ARENA

MIAMI - See? Pat Riley can go home again. Riley is again leading the Heat into the Garden, the gym joint where fans once adored the sidelines he walked on...

GUTTY CAMBY'S READY TO ROCK

When Marcus Camby arrived to New York he came with a reputation as a soft, injury-prone player who didn't play hurt. He's since gone a long way toward reversing that...

LJ BECOMES KNICKS' SECRETARY OF DEFENSE

KNICK NOTES Larry Johnson has become a defensive stopper in three different positions during this series. Johnson's main assignment is defending the power forward, manned by P.J. Brown. But his...

THE TEXAS RE-ARRANGERS - SEGUI, WETTELAND ARE LIKELY TO LEAVE

QUIZ: Over the three previous seasons, Ken Griffey led the AL with a total of 160 homers. Who was second (answer below)? ... RANGERS' manager John Oates said recently he...

JOE LOOKS FOR DEFENSE TO IMPROVE

YANKEE NOTES Joe Torre knows his lineup doesn't house nine Gold Glove winners. However, he would like to see the Yankee defense tighten up to the point where its not...

KNICKS HAVE TRANSFORMED FROM TEAM TURMOIL INTO ... TEAM TRANQUIL

IT is coming up on the one-year anniversary of the moment when Knicksgate blossomed into full-blown scandal and the world was let in on a dirty little secret. The Knicks...

PHILLY'S FACE IS UNFAMILIAR

The bitter rivals are strangers. The Devils hardly know the Flyers who stand between them and the Stanley Cup finals. "[Kent] Manderville. Is it Manderville?" Martin Brodeur asked about one...

JURY'S STILL OUT ON PHILLIPS' MOVES

A YEAR ago, nearly every move Steve Phillips made turned to gold or Gold Gloves. He transformed the Mets from good to World Series contenders with a spate of bold...

RANGER HONCHO SEARCH SPLITS INTO TWO JOBS

The Garden's search for an individual to run the Rangers has evolved into a search for two men, sources around the league have told The Post. Word around the NHL...

ROBINSON TELLS SCOTT TO STOP KILLING TIME

DEVIL NOTEBOOK It is one of his captain's defensive hallmarks. Larry Robinson wishes it wasn't. The Devils coach wants Scott Stevens to give up his marathon shifts in penalty-killing situations....

KNICKS HOPE HEAT CHOKE ON BIG APPLE

The Knicks know they can't merely show up at Madison Square Garden for tonight's Game 3 against the Heat and be automatically anointed the winner. They do know, however, that...

FEARSOME FOURSOME - NHL'S BEST ON DISPLAY

NO interlopers here this year. No party-crashers who broke in through the back door on the backs of a favorable draw created by early-round upsets. Nobody left without a reasonable...

MAJERLE LOSING TOUCH WITH HOUSTON

HEAT NOTEBOOK MIAMI - In past years, Dan Majerle took the physical approach against Allan Houston. Try that now, Majerle says, and it's a quick ticket to foul trouble and...

SHOULDER MAKES REY TAKE SEAT

MET NOTES PITTSBURGH - Because of soreness and inflammation in his right throwing shoulder, Mets trainer Fred Hina expects Rey Ordonez to miss three to seven days. However, Hina, GM...

JARVIS MEETS MR. WIZARD - JORDAN HITS TOWN TO WOO SJU COACH

MICHAEL JORDAN was in New York last night to attend an exclusive charity fund-raiser ("Advocates") that's near to the heart of Mike Jarvis. It's just a guess, but I assume...

BOMBERS NEED NOT WORRY ABOUT EL DUQUE'S STUFF

THE evening started as if the rain clouds that washed out Wednesday's game had never left. Two innings into last night's game at the Stadium, the Yankees were without their...

AIR, JARVIS TO HUDDLE

Last night was the hors d'oeuvres. Today is the main course. Michael Jordan, part owner of the Wizards, was the featured guest last night at St. John's coach Mike Jarvis'...

TRACHSEL FIRES ANOTHER GEM DANDY

The question no longer is will Steve Trachsel win the Cy Young award, but by how much? OK, that's a little premature, but after the Tampa Bay righthander's last two...

YANKEES STUNG TWICE - DEREK HURT IN LOSS TO DEVIL RAYS

Derek Jeter's insatiable desire to bust out of a very deep hitting funk more than likely landed the Yankees' best player on the sidelines for an extended period of time....

LEITER ENDS THE AGONY - SENDS METS HOME ON WINNING NOTE

PITTSBURGH - So it ends. This road trip by Rand McNally. Two weeks. Four cities. Thirteen games. It ends with a victory thanks to Al Leiter. With little to no...

JOE LOOKS FOR BETTER 'D'

YANK NOTES Joe Torre knows his lineup doesn't house nine Gold Glove winners. However, he would like to see the Yankees' defense tighten up to the point where it's not...