Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : The New Qualcomm - a S&P500 company -- Ignore unavailable to you. Want to Upgrade?

To: Peter Sherman who wrote (5069)	1/11/2000 11:16:00 PM
From: Ruffian	Read Replies (2) \| Respond to of 13582

1/11/00 - ****Dot-com Firms Need Beefier Boards: Corporate Watchdog 01/10/00 WASHINGTON, D.C., U.S.A., 2000 JAN 10 (Newsbytes) -- By Steven Bonisteel, Newsbytes. A organization focused on corporate governance and responsibility says the Internet's "dot-com" companies are a little thin at the top, with fewer independent directors on their boards than at traditional companies. The Investor Responsibility Research Center (IRRC) says fewer independent directors - bodies from outside a firm's own executive ranks - leads to boards which can "fall short of traditional good governance practices." Robert Newbury, deputy director of IRRC's Corporate Governance Service, summed up information on the corporate governance practices of 39 companies listed in the Inter@ctive Week Internet Index, saying: "Internet companies' boards generally are smaller and have fewer independent directors than other US corporate boards and depend less on board committees, which is counter to the principles of good corporate governance put forth by most of today's governance experts." IRRC found that the average Internet company's board consists of seven directors, while S&P 500 companies used in comparison had an average of 12 directors. Some companies - including Amazon.com Inc. [NASDAQ:AMZN], Cabletron Systems Inc. [NYSE:CS] and eBay Inc. [NASDAQ:EBAY] - had only five directors, it said. Among the companies reviewed, IRRC said, only Qualcomm Inc. [NASDAQ:QCOM], with 13 directors, had a heftier board than the S&P 500 average.

To: Peter Sherman who wrote (5069)	1/12/2000 1:38:00 AM
From: Ruffian	Read Replies (1) \| Respond to of 13582

CORPORATE DIRECTORS FORUM ANNOUNCES DIRECTOR OF THE YEAR AWARD RECIPIENTS IRWIN JACOBS OF QUALCOMM, JACK GOODALL OF JACK IN THE BOX Inc. Among Those Honored TUESDAY, JANUARY 11, 2000 11:30 AM - PRNewswire SAN DIEGO, Jan 11, 2000 /PRNewswire via COMTEX/ -- The Corporate Directors Forum today announced the six winners of its prestigious "Director of the Year," award, which recognizes the leaders in the business community that represent superior corporate governance. The winners will be recognized during the Corporate Directors Forum Annual Director of the Year Awards dinner on February 23, 2000 at the Hyatt Regency LaJolla. Those receiving awards include: Peter P. Savage, former president, CEO and chairman of the board of Applied Digital Access as Director of the Year for Corporate Citizenship; Gene Ray, chairman of the board of The Titan Corporation as Director of the Year for Companies in Transition; Irwin Jacobs, chairman and CEO of QUALCOMM, Inc., as Director of the Year for Enhancement of Economic Value; David R. Flowers, former chairman and CEO of Pulse Engineering, Inc., as Director of the Year for Corporate Governance; John C. Raymond, chairman and CEO of the Greystone Group, L.P, as Director of the Year for Not-for-Profit Organizations; and Jack Goodall, chairman of the board of Jack in the Box Inc., who will receive the Lifetime Achievement in Corporate Governance Award. "These gentleman are outstanding professionals and directors in their respective industries and truly represent the highest standards of conduct, integrity and corporate leadership," Larry Stambaugh, Corporate Directors Forum chairman of the board. "We believe our event brings to the forefront the highly important role corporate governance plays in the overall success of our businesses and in our communities." Cost of the dinner is $125 per person; $1,250 for a table of 10; and complimentary admission for members of the press. Sponsors of the event include: Cooley Godward LLP; Deloitte & Touche LLP; Marsh Risk & Insurance Services; KPMG LLP; Luce, Forward, Hamilton & Scripps LLP; Mentus, Inc.; San Diego National Bank; San Diego Business Journal; Union Bank of California; Nasdaq; and R.J. Watkins & Co., Ltd. The Corporate Directors Forum was established in 1991. It is a nonprofit organization dedicated to promoting high standards of professionalism in corporate board directorship. The Corporate Directors Forum fosters high standards of ethics, diversity, and social responsibility and forms alliances among leadership in industry, academia and government to generate superior stakeholder values. Its programs and benefits are designed to meet the specialized concerns of the active and highly participatory board member via board-focused peer networking, best practices directorship education, governance advocacy leadership, director mentoring and board recruitment resources. SOURCE Corporate Directors Forum (C) 2000 PR Newswire. All rights reserved. prnewswire.com -0- CONTACT: Larry Stambaugh, Chairman of the Board of Corporate Directors Forum, 858-455-7930; or Media: Barbara Burton Chriss of Mentus, 858-455-5500, ext. 141, bbc@mentusonline.com WEB PAGE: directorsforum.org GEOGRAPHY: California