People

Raising the Bar...Creating Wealth in CE
February 1, 2000

By Bill Hass Invent a better mousetrap, and people will beat a path to your door! So goes the old saying, and it appears at least partially true in terms of relative wealth creation for manufacturers who supply the consumer electronics products to the U.S. and the world. New technology, with the prospects of tremendous growth, has produced great wealth for some CE suppliers; far in excess of traditional product manufacturers in the more established industries like autos, housing and steel. Dell Computer, Microsoft, Iomega, Hewlett-Packard, Compaq Computer are all familiar names that have produced fortunes from new technologies. Yet new technology invariably is accompanied by

CE Suppliers Get Report Cards
February 1, 2000

When you dig behind the snapshot relative total return numbers, you begin to understand the key drivers of value: margins, asset utilization and growth that eventually generates the net cash receipts investors value. For companies early in their life cycle, such as EchoStar and Gemstar, growth and the expectation of future profits and cash receipts drive value. The HOLT framework reflects this by noting such companies high percent future. Percent futures for the 27 CE suppliers profiled in the DualGrade® table shown in Figure 5 range from a high of 94 percent for Gemstar to a low of -33 percent for Damark. Hewlett-Packard has a

People on the Move
January 1, 1904

Valor Multimedia, a City of Industry, Calif.-based manufacturer of DVD mechanisms, promoted Augustin Leung to product and technical manager. Leung, who previously worked for Myron & Davis, a mobile electronics device manufacturer, is now in charge of product development and is the main contact for full product support. Leung has 10 years experience within the 12-volt industry, which started as an installer and sales rep at a small independent audio store. At 17, he received his MECP Installer certification. At Myron and Davis, Leung began as a service technician and was later promoted to technical supervisor. MediaREADY, a Fort Lauderdale-based provider of

Hooker Furniture Jumps Into CE Retailing
January 1, 1904

An established furniture company based in Virginia is seeking to team up with the electronics retailing community for merchandising opportunities. Hooker Furniture, which has been in business for more than 80 years, recently designated longtime sales representative Bruce Cohenour as the point man for the initiative, naming him senior vice president of business development and national accounts. Their first step in the new effort is to develop proprietary product in order to partner up with electronics dealers. Hooker’s move continues a trend of traditional furniture manufacturers seeking to associate themselves with today’s popular consumer electronics. Sligh Furniture, Bush Furniture, and others have