Wednesday, May 30, 2007

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Gilead Board of Directors Approves Two-for-One Stock Split

Gilead Sciences, Inc. (Nasdaq:GILD) announced today that its Board of Directors has approved a two-for-one stock split of the company's outstanding common stock to be effected through a stock dividend. Stockholders of record as of the close of business on May 24, 2007 will receive a stock dividend of one additional share of common stock for every share of common stock they own. Based on the total number of shares of common stock outstanding as of March 31, 2007, the stock split will increase the total number of shares of common stock outstanding from approximately 465,544,000 to 931,088,000, out of the 1,400,000,000 shares of common stock currently authorized.

Because Gilead will establish a Direct Registration System for its stockholders prior to the dividend distribution date, the company's transfer agent, Mellon Investor Services L.L.C., has been instructed to mail a Direct Registration Transaction Advice for the additional shares to stockholders that have physical possession of their stock certificates on June 22, 2007.

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Ossama El-Deeb

Ossama El-Deeb is 54 years old. His failing body and lined skin are the result not of a very long life, but of voluntarily living on the streets of Downtown Cairo for seven long years. He sits in his home, a roofless but orderly heap of discarded material, on Ismail Abaza street. At the corners, like fence posts, are oil drums on which he has attached large posters, flags and signs, all written beautifully in his own hand.

The streets are muddy from last night's rain and El-Deeb's cardboard signs and bedding are all damp. "I bear all the cold weather and the heavy rain," he says, resigned to it. "Yesterday, I took it all on my head, and see — all my things are wet."

El-Deeb is camped out here because he believes that if he can attract the attention of the powers-that-be to his condition, they might cover him the cost of his medical treatment.

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Bureau pushes white squirrels in statewide promotional campaign

The white squirrels lost their bid to become one of the state's Seven Wonders, but Olney has been chosen as one of 12 towns to be showcased in a statewide promotional campaign by the Illinois Bureau of Tourism.According to the letter received by City Hall in December, IBOT's Spring/Summer 2007 Illustrated Poster Campaign features “vintage-inspired" designs that serve to “highlight kitschy and off-the-beaten-path attractions throughout the state," said City Clerk Belinda Henton.The letter also stated these attractions have “benefited from increased traffic due to advertising."

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Korea's Introduction to the Automobile

It is unclear when the first automobile was introduced into Korea. Some speculate Burton Holmes was the first to travel in Korea during the early 1900s with an automobile, but whether he was or wasn't the first to do so, I cannot verify. It is known, however, that in 1910, C. A. Crispin, a real-estate speculator turned miner from California, wrote home and reported that there were only two cars in Korea: one was a small car owned by Mr. Lefre, a French businessman in Seoul, and the other, a $5,000 French car owned by one of the gold mine owners. Crispin noted that the roads in Korea were undeveloped and having an automobile was "next to useless." His opinions were evidently not shared by all.

In mid-1910, a Korean who lived in Seoul and allegedly knew nothing of cars imported two French Paige Cars and began Korea's love of the automobile.

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Walk 'n' roll

Becca Clark held her mothers hand while walking through a local shopping mall on a recent Sunday. Then she let go and coasted down the tiled hallway, her pink-and-white sneakers gliding across the floor. As easily as she launched, Becca then stopped, stepping back into a regular walking pattern. Was it magic? Not really. She was wearing Heelys, the hottest craze in tween footwear. "A lot of people wear them," said Becca, 11, from Lewis Center. "You can go faster, and sometimes you can race with them." How do they work? The chunky, soft-soled sneakers are similar to skateboarding shoes yet boast a thick rubber wheel in each heel that can be used and removed as the wearer chooses. After gaining momentum from a walking start, the wearer slightly shifts his or her body weight to the heels, allowing the wheels to glide along for several feet.