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FEBRUARY 16, 2004
Leonard Stern Has His Say Re "Dynasty in distress" (Cover Story, Feb. 9): We are a close family, and my sons and I are deeply disturbed by your very biased and flawed article, replete with numerous mistakes that were never even fact-checked. My son Edward continues to successfully manage the financial assets of the Hartz Group, and I continue to have enormous respect for his skills and integrity. And far from being angry with my son Emanuel for his management of our real estate portfolio, I am proud of his many accomplishments. Hartz under Emanuel's leadership did not elect to participate in the Xanadu Meadowlands project because we judged it as: a) excessively risky, and b) a bad deal for the Meadowlands region, in which we are major land owners. Emanuel has correctly turned down numerous offers to partner in the Mills-Mack-Cali project with my full support. Leonard Stern Chairman and CEO Hartz Mountain Industries New York Editor's note: The company says Mr. Stern is 5 feet 8 inches tall, not 5 feet 6 inches. Son Edward got married in 1991, not 1989. BusinessWeek is unaware of any other factual errors. Insomnia: Frustrations, Misconceptions, And Solutions Many healthy, productive people need only three to five hours of sleep a night. Why do they need so little, while I need eight hours? ("I can't sleep," Cover Story, Jan. 26). The first thing insomniacs should try is sleeping less. The desperate Ron Hansen may need only one or two hours of sleep a night. To be sure, many people don't sleep enough and suffer. But there are also those who try to sleep too much and also suffer. The added waking hours for them can be a great gift. Robert W. Wilson New York What about the problem of people who can't stay awake during the day? Countless millions, especially such "sit-down" workers as truck drivers and most white-collar personnel, die a thousand deaths each day. During my teaching career, a private office enabled me to catch a wink after eating my brown-bag lunch each day. But few are that fortunate. Mack A. Moore Atlanta Many people who think they are suffering from insomnia may simply have unrecognized food sensitivities. Three additives that keep me awake at night: MSG, the sulfides in some wines, and caffeine. Chad Littleton Crownsville, Md. Sleep apnea, one of the most prevalent sleep disorders, affects 1 in 20 people in the U.S. and more than 1 in 10 shift workers. The sufferer has frequent awakenings, resulting in highly disrupted sleep and chronic exhaustion during waking hours. Drivers who have sleep apnea are more than twice as likely to have a vehicle accident, are at a greater risk of various cardiovascular and other health problems, and will suffer from increased absenteeism and productivity losses. Unfortunately, many sleep apnea sufferers do not recognize their symptoms as anything more than heavy snoring, and 95% of those at risk either do not seek medical help or are misdiagnosed. Treatment rarely includes drugs. Alex Kerin Lexington, Mass. Pediatric insomnia -- chronic insomnia in children -- is a huge problem. Kids can be irritable and lethargic due to lack of sleep. It may be possible that adolescent depression (all too common these days) can be a result of lack of sleep. Kids are under a lot of pressure. They aren't as good at processing fears of terrorism, war, crime, etc. I would love to read more about our nation's children and their insomnia. Abbe Patterson Emerald Hills, Calif.   Don't Shortchange Long-Term Shareholders Re "So that's why boards are waking up" (Management, Jan. 19): The Securities & Exchange Commission's proposed proxy-access rule regarding opposition board candidates would apply to only substantial long-term shareholders owning a combined 5% of shares outstanding. This discriminates against small long-term shareholders who have held stock for 10, 20, 30, or more years. Under current regulations, all shareholders holding stock worth a minimum of $2,000 can give resolutions, providing they have held the stock for at least one year and meet other qualifications. Evelyn Y. Davis Washington D.C.
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