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NHL Playoff Picks May 12th

A seventh game in the NHL playoffs is one of the most exciting things in sports. We have that tonight with Montreal and Pittsburgh, plus a great Game 6 between Boston and Philly.

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Montreal Canadiens (+210) at Pittsburgh Penguins – Game 7

Pittsburgh is the defending champ, with some of the most high profile names in the game like Sidney Crosby and Evgeni Malkin. This series wasn’t supposed to last seven games, but here we are after Montreal won Game 6 at home (4-3) on Monday night.

This is the type of game where you expect superstars to come up big. Crosby already had a historical moment in the Olympics, but he certainly has another big goal or two left in him.

Montreal has been kept in this series by its defense and goaltender Jaroslav Halak. He made 34 saves in Game 6 and has a 1.81 GAA in the last five games of this series.

The Canadiens have had a magical run in the playoffs so far. They already beat top-seed Washington in a road Game 7 in the first round. However, this is the tougher test as Pittsburgh is far more battled hardened than the soft Caps. The Run is over Crosby and the Penquins win game 7!

Boston Bruins (+125) at Philadelphia Flyers – Game 6

Boston raced out to a 3-0 series lead and it looked like a trip to the conference finals was guaranteed. However, Philly was able to stave off elimination in Game 4 at home, 5-4 in overtime.

Philly dominated Monday’s Game 5 in Boston to the tune of 4-0. The Flyers believe they can be the third team in NHL History (along with the 1942 Toronto Maple Leafs and 1975 New York Islanders) to come back from a 3-0 series deficit.

Philly goalie Brian Boucher is out for the series with a sprained knee. It happened on Monday and Michael Leighton came in to make 14 saves to preserve the shutout.  Leighton had been out since March 16 with an ankle sprain.

Both teams have been hit hard with injuries, but Boston really seems to miss top center David Krejci. The Bruins could also be suffering from a crisis in confidence now.

Can Philly take the series to a Game 7 in Boston? We dont think so take the Bruins!

Currency Events.(international payments)(Brief Article) here american express online

Entrepreneur April 1, 1999 | ELLEN, ABBY Sending and receiving international payments is now as easy as un, deux, trois.

INTERNATIONAL money transactions can be an absolute nightmare. There’s the time difference. The language barriers. The currency exchange. The high costs and delays of bank wires, personal checks and mailed remittances. But now there are three services that help ease the pain of trans-oceanic transactions.

American Express’ Online Global Payments Service recently launched a Web site to help small businesses initiate payments to vendors in more than 41 foreign currencies (www.americanexpress.com/ip). After establishing an account, simply log on and type in your name, account number, and payment and currency information. Click on ‘calculate,’ and voila: The amount owed is displayed on-screen in the payee’s currency; American Express receives the transaction and makes the payment.

“The Internet can solve a large number of the problems small firms face when making international payments,” says Steve Flett, senior vice president of American Express Foreign Exchange Services in New York City.

Western Union’s Quick Cash, launched in 1996, enables businesses to send payments to overseas suppliers or employees. Using Western Union’s software on their PCs, authorized individuals can send funds to Western Union locations in 160 countries. Within minutes, the funds are available in local currency for pickup by the payee. The entrepreneur pays the principal and fee through a direct bank transfer to Western Union.

To receive payments from international customers, there’s also Western Union’s Quick Pay. With this program, small businesses can either have funds direct-deposited into their bank accounts or have checks printed out in their offices. (Western Union gives all subscribers a free printer and modem.) “It cuts out weeks of time, problems with bank wires, and trying to match up who sent what where,” says Maureen Murray of Western Union Commercial Services in Paramus, New Jersey. here american express online

Funds are received in full with no deductions; to date, nearly 1,500 companies have used the free service.

Abby Ellen lives in New York City and writes the “Preludes” column for the business section of The New York Times.

FAST TRACK Names and ages: Ron Davis, 55, and BeLinda Davis, 42 Company: Caffe Diva is a drive-through specialty coffee retail chain.

Based: Portland, Oregon Founded: 1995 Start-up costs: $55,000 1998 sales: $400,000 1999 sales projections: $1.5 million Employees: 59 Funds raised by direct public offering: $987,000 Caffeine rush: “We opened our first kiosk in 1996. By early 1997, we had four kiosks in Lane County, Oregon,” says Ron. “But growing into other geographic areas takes lots of money. Banks turned us down, and a venture capital group wanted a substantial stake in the business, board membership, and veto power over expenditures and site selection. We didn’t want to turn control over to outsiders. After investing two years and virtually all our capital, a DPO seemed to be the better, and perhaps only, option.” Bean there: “It’s a full-time job; you can’t do it alone. We had to hire someone to do our fund-raising,” says Ron. “But it can be done.” A percolating market: So far, there are eight Caffe Diva locations in the 1-5 corridor (Eugene, Salem and Portland, Oregon), and more are in the works. “We’re for the caffeine-dependent customer who doesn’t have time to wait’ says Ron. “Our business is commuter-based, so we have to be in the suburbs, not the city.” What’s brewing: Eight more stores for the fiscal year and plans to eventually go nationwide.

ELLEN, ABBY

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