Contents
1. DropChute Maximizes Info Value
2. Free Company Info at dowjones.com

1. DropChute Maximizes Management Info Value...
Lincoln Property Company, headquartered in Dallas, uses Rent Roll software to manage over 250 multi-family communities with an average of 300 uinits around the U.S. To manage these properties efficiently, Lincoln selected DropChute software from Hilgraeve Inc. According to Hilgraeve, optimizing the performance of these properties requires "daily monitoring, not only of cash flow but also of advertising and promotions, occupancies and vacancies, rental demographics, competitive promotions, etc." So a lot of data has to be transferred back and forth between local property managers and the corporate office.

Lincoln installed DropChute software, which automatically transfers Rent Roll backup data to the data storage directory on the system, where it is imported into Insite Portfolio. ... Then DropChute transfers the accounts payable files into another directory, which the AS/400 system retrieves and automatically uploads to the JD Edwards accounting system. ... Of course, because all of this data is transferred over the internet using local connections, no long distance telephone or other communications expenses are incurred. So savings come in many forms.

2. Tip of the Week: dowjones.com... Check out the recently launched (or re-launched) dowjones.com (free) news service. It's less powerful than its sister publication, the Wall Street Journal Interactive. (But you must subscribe to the WSJ Interactive for $29 or $59 per year, depending upon whether you get the print publication.)... For example, I looked up Lend Lease at dowjones.com and found 105 references in Dow Jones Business News, 16,330 in the dowjones.com 2000 Web Site search engine and 1,238 in the Press Release section. Hey, that's probably a lot more than you wanted to know. ... I've posted step-by-step directions in the Financial Research section of PikeNet's Web Resources (left-hand column of home page).

--Peter