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Money matters

October 10, 2004

Survey: Computer is greatest innovation


Name the greatest innovations of the past 75 years.

BusinessWeek magazine asked 500 senior business leaders to do so, and 56 percent cited the personal computer, while 51 percent said the Internet. The discovery of DNA was next, named by 49 percent. More than a third, 34 percent, said television and more than a third said the polio vaccine. Only 2 percent said cloning, and 1 percent cited the hybrid automobile.

Among innovative CEOs, Bill Gates, co-founder and current chairman of Microsoft Corp., was named by half. Steve Jobs, CEO of Apple Computer Inc., was second with 47 percent.

Calif. towns lead real estate value list


We're a nation of people who relocate, with real estate values a key concern for many families.

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Ever wonder how your place measures up against the highest average sales prices and most affordable across the country?

Not surprisingly, seven of the top 10 most expensive average selling prices were in California, led for a second year by La Jolla, the posh enclave perched atop the Pacific Ocean just north of San Diego. The average sales price there this year? $1.7 million. La Jolla was followed by Beverly Hills and Santa Barbara, at $1.3 million and $1.2 million, respectively.

Non Golden State-cities in the top 10 were Greenwich, Conn. ($1.19 million); Wellesley, Mass. ($1.1 million); and Kailua, Hawaii ($1.08 million).

Company recalls bicycle handlebars


Specialized Bicycle Components Inc. is recalling about 1,500 Allez Sport, Allez Elite, Roubaix and Sequoia bicycles.

The handlebar might loosen and turn unexpectedly, which might cause the rider to lose control and fall.

The recalled handlebars were sold on the 2005 Allez Sport, 2005 Allez Elite, 2005 Roubaix (base model) and 2005 Sequoia (base model) bicycles. The model names are on the frame of the handlebar.

Consumers should stop using the bicycles with these recalled handlebars and return the recalled handlebars to the place of purchase for replacement handlebars.

Consumers may call Specialized at 800-432-4144 between 10 a.m. and 6 p.m. Monday through Friday.

Bicycle wheel quick releases are recalled


Full Speed Ahead Inc. is recalling about 1,375 sets of Scatto bicycle wheel quick releases.

An internal part in the lever mechanism might break, reducing clamping effectiveness and rendering the unit inoperable, potentially causing a bicyclist to fall.

The quick release was sold as standard equipment for RD-400 and XC-300 bicycle wheel sets, and also separately. The levers are laser etched "FSA" and the end pieces have a distinctive round shape.

Consumers should stop using the quick releases immediately and call Full Speed Ahead at 877-743-3372 from 11 a.m. to 8 p.m. Monday through Friday for a free replacement. Consumers also may write to Full Speed Ahead Inc., 12810 N.E. 178th St., No. 102, Woodinville, WA 98072.

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