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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: Bruce Brown who wrote (8055)	10/11/1999 3:51:00 AM
From: tekboy	Respond to of 54805

Interesting (Prophetic?) Forbes 400 Juxtaposition I kid you not--from Forbes, 10/11/99, p. 382: Irwin Jacobs $1.3 Billion Qualcomm. San Diego, Calif. 66. Married, 4 kids Computer science teacher at U. of California in San Diego, left to cofound Linkabit in 1969; telecommunications equipment maker. Merger with M/A-Com in 1980 led to development of Air Force Dual Modem. Retired on April Fool's Day, 1985. Founded Qualcomm three months later with no product in mind. "I wasn't very good at being retired." Saw potential in new system of wireless communication: code division multiple access. CDMA's greater capacity, better voice quality, network flexibility now the standard. Soft-spoken Qualcomm CEO misses the classroom but not the $5,500 teacher's salary he started with in 1959. The Cornell and MIT grad recently gave $15 million to UCSD's engineering school. Henry Yuen $1.3 Billion Gemstar International Group. Pasadena, Calif. 51. Single, 2 children Born in Shanghai, came to U.S. 1966. Ph.D. in applied mathematics, could not record a Red Sox game on his VCR. Epiphany with VCR Plus+: electronic recording system that enabled TV viewers to program their VCR by entering one code on remote control. Later established lucrative deals with AOL, NBC, Microsoft; launching on-screen, interactive, TV program listings. Law degree from Loyola, often in litigation. Fended off hostil takeover bid last year by United Video Satellite Group; dubbed "patent terrorist" by industry insiders. "That's an obvious oxymoron." Accused of lining pocket with options--half his worth. tekboy@firstthemthenus.com