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Strategies & Market Trends : China Warehouse- More Than Crockery
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To: RealMuLan who wrote (3687)11/11/2004 11:43:55 PM
From: RealMuLan  Read Replies (1) of 6370
 
This Lok Technology sounds like a real deal. Don't know when this guy will take his company to public offering<g>
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(Not So) Simple Simon Daniel Lyons, 11.01.04

"Simon Lok despises big guys like Cisco and Lucent. He's developed a cheaper networking box he says will crush them.

Never mind that Lok's six-person company has sold only 70 Airlok boxes, assembled by Lok himself and a part-time intern working out of rented warehouse space in Vero Beach, Fla. And never mind that Lok Technology aims for a mere $1 million in sales this year and that more than a dozen venture capitalists have looked at the company without investing. To hear Simon Lok tell it, it's only a matter of time before giants like $22 billion (fiscal 2004 sales)Cisco collapse under the relentless assault of his genius. He's serious. "I'm smarter than those guys," he insists. "I'm going to chop them off at the knees." Lok has an ego that could fill Carnegie Hall and the technical chops to back it up. At 26 he holds three master's degrees (one in electrical engineering, two in computer science)--and in December he will complete a Ph.D. in human-computer interaction at Columbia University. "I'm an engineer and a scientist, and I've worked in IT--how many people do you know who have done all three?" he says. "That's why I'm different."

forbes.com
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