Stories for January 2000

Monday, January 31

Clicks in the Clink: Printrak Offers System to Jails

If there's anything worse than going to jail, apparently, it's going to a jail that uses outdated mainframe computers to run the joint.

Pyott Prefers to See Allergan Go It Alone

Being a big fish in a small pond suits Allergan Inc. just fine, says President and CEO David Pyott.

Caltrans Extends Lease, Takes More Space at Park Place

Park Place Office Campus in Irvine has signed Caltrans to a lease extension that will expand the state agency's space to about 206,000 square feet.

REAL ESTATE WATCH

The OC office market is defined here as single- and multi-tenant buildings and parks of 30,000 square feet or larger, but excluding government, medical and flex buildings. Rental rates are full-service gross. Availability is for direct lease space only an

THIS WEEK'S COMPANIES

Allergan Inc. 148

LEGALS

NOTICE TO RESPONDENT: AVISO AL DEMANDADO: BARANEH EMADIAN you are being sued. A usted le estan demandado. PETITIONER'S NAME IS: (EL NOMBRE DEL DEMANDANTE ES): TODD A. GREMMEL, 14972 MERCED CIR., IRVINE, CA 92604. You have 30 calendar days after this summ

Memories in a Bottle:Wines Past and Present

Someone recently asked me why "Sipping in the Chai" is the title of the wine column in my food, wine and travel newsletter. The explanation is good for a bit of history. It's because that phrase immediately conjures up a passel of memories of tasting fine

Zell Eyes OC for Development Deals

Sam Zell's Equity Office Properties Trust is talking to developers and potential tenants about building up to 750,000 square feet in Orange County.

Barganski Taking Charge of Segerstrom Office Portfolio

After losing its director of leasing late last year to the Irvine Co., C.J. Segerstrom & Sons has been searching far and wide for someone to help oversee a 2 million-square-foot commercial office portfolio.

Survey Says...

Survey results compiled by Young & Rubicam's Brand Futures Group from various sources

Dot-Coms, Make Way for Genomes, Micro-Bots

The convergence of computer science, genetics, and nanotechnology will shape our future, determine the wealth of nations and profoundly change our lives.

RIDING THE CELLULAR WAVE

The proliferation of cell phones in cars on the freeways, at tables in the restaurants and in seats at the movie theaters is paying off for Powerwave Technologies Inc., which is relishing a dramatic turnaround and prospects for even faster growth this yea

UCI B-School Ranked No. 22 by Financial Times

UCI's Graduate School of Management climbed up six notches to No. 22 on the Financial Times of London's ranking of 106 business schools worldwide. Among U.S. schools, UCI ranked No. 18.

... FOR THE DEFENSE

Family: Wife, Pat; 28-year-old daughter, a ballroom dance teacher; 16 year-old son attending St. George's Boarding School in Rhode Island

THE PRODUCT-LIABILITY WARRIORS

Product liability, a specialized area within personal injury, is not for the meek and undercapitalized.

Who's Who

Kathy Bronstein, CEO, Wet Seal Inc., Foothill Ranch; 3,800 employees, sales $412 million

Pimco Adds Former Goldman Sachs VP

Mark V. McCray has joined Newport Beach-based Pimco Advisors Holdings LP as senior VP to manage its municipal bonds department.

Scott Baugh: GOP Peacemaker, Likely Fuentes Successor

Gazing into the crystal ball: Tom Fuentes is almost certain to survive any challenge to his chairmanship of the OC GOP's central committee, despite the big bucks that could be thrown against him by the corporate-executive-fueled New Majority. But the Insi

Who's Party Is It?

prominent Orange County businesspeople (names like Bren, Argyros and Samueli) have banded together to spend a half-million trying to oust the leadership of what is widely acknowledged as one of the Republican Party's most successful county organizations,

OC Brokers Busy Here, There and Everywhere

As a new year winds through its first month, brokers around the county are reporting plenty of tire-kicking.

Charo Chicken Franchises Going Like Hotcakes

About nine months ago, Moe Bonakdar's Seal Beach-based company Charo Chicken Systems Inc. announced that it would begin franchising its fast-food chicken concept, but he wasn't expecting the chain to garner so much interest so soon.

People

Wayne Yong joined Piazzo Inc., Santa Ana, as a production artist. He will assist with the company's various health-related and real estate accounts.

Lawsuit Filed Over Land Sought by Pointe Anaheim

A legal battle has erupted over a 10-acre parcel crucial to the planned $500 million Pointe Anaheim shopping and entertainment complex across the street from the Disneyland Resort.

Cox Says He's Ready to Legislate El Toro Curfew

In the contentious debate on El Toro, there is one thing both sides agree on: a curfew on night flights would make the airport much more palatable.

Real Estate Deals

Asset Management Consultants purchased the Wells Fargo Building, a 115,00-square-foot building in Santa Ana, from Moss and Co. for $9.2 million. Robert Mitchell and Alan Pekarcik of Voit Commercial Brokerages represented both parties.

WL Homes Doing Land-Office Business in Inland Empire

In its first year of operation, the Inland Empire division of Irvine-based WL Homes LLC built and sold 16 homes. A year later, that number rose to 116,a 625% gain. Last year, the division developed and sold 359 homes throughout the Inland Empire, a 209% i

Executive Summary

California Private Transportation Co. said it will have to go to investors for more funds to keep the 91 Express Lanes operating; Orange and Riverside county lawmakers proposed a public buyout of the controversial lanes; OCTA officials said they will not

Freedom Gives Chapman $500K for Class

Freedom Communications Inc., Irvine, parent of the Orange County Register, has donated $500,000 to Chapman University to establish a new business orientation course.

Swede Deals: Real Estate Firm Taps Swedish Funders

A pair of Swedish businessmen who met in Orange County are planning to invest more than $15 million locally during the next several months in new properties.

TECH BOOM DRIVES LAW FIRMS' GROWTH

Law firms added attorneys faster than Orange County's overall job growth rate last year, according to the Business Journal list of the county's law offices.

Orange, Anaheim Heating Up

Who would've thought that Orange County's mid-section would be such a center of activity?

Arthur Andersen to Serve Blum Incubator

In a deal Arthur Andersen will use as a national model to woo more technology-oriented companies, the accounting firm will serve as the exclusive source of consulting and back-office services for clients housed in ThinkTank.com, the Internet incubator cre

Executive Address

If you're a pet owner and are looking for a new apartment or townhome to rent, you've probably discovered how hard it is to find a place that welcomes animals. You will not give up a pet you love just to have a nice place to live. So worry no more! Irvine

FOR THE PLAINTIFFS ...

Family: divorced; four children ages 21 to 30; Daniel, his 23-year-old son, works in the Manhattan District Attorney's office and plans to go to law school

Layton-Belling Completes $33M in Deals

Newport Beach-based Layton-Belling & Associates, one of Orange County's most active real estate investors last year, is off to a quick start in 2000.

Look Homeward, Engineers

At least, that's what officials at Yorba Linda software maker Research Engineers Inc. hope as they plunge headfirst into the Internet content business, banking on the universal longing to stay in touch with one's roots.

DGWB Launches Toshiba Branding Campaign

Toshiba America Information Systems Inc.'s Computer Systems Group in Irvine launched a $60 million branding campaign last week with the first ads created by its new ad shop, DGWB Advertising in Irvine.

Wearing the Pants

Marta Bhathal and her daughter Lisa are not household names, but the swimwear their 30-year-old company, Raj Manufacturing Inc., designs under the names BCBG Max Azria Swim, Guess?, Athena and Barefoot Miss certainly has garnered recognition.

Dealmaking on Internet Time

For most company executives, meeting with the head of a traditional Big Five accounting firm is like arranging an audience with the Pope, replete with last-minute cancellations, scheduling conflicts and other logistical nightmares.

Tuesday, January 25

WorldWide Wireless Mines Broadband Gold

Early last year, Orange-based WorldWide Wireless Networks Inc. became a publicly listed company through a reverse merger, with its shares selling for pennies on the over-the-counter market.

GETTING TOGETHER IN OC

Meetings and Conventions Scheduled for OC Venues This Year

PEOPLE

Premier Laser Systems Inc., Irvine, named Christopher A. Headle senior vice president of sales and marketing. Headle is a 16-year veteran of B. Braun McGaw, where he was most recently vice president of hospital sales for B. Braun Medical.

Live Web learning at Ascolta Training Company

There is no doubt that the Internet is changing the way people do business, the way they live, and even the way they learn. In recent ad campaigns, Cisco Systems asserts that in the future, training for virtually every job on Earth will be done over the I

Baxter Irvine Unit Finds Its Future Name in the Past

Top management at Baxter's soon-to-be-spun-off CardioVascular Group in Irvine ultimately decided to reach into the unit's colorful past for a name they hope will have a bright future.

21 Oceanfront Cancels Sale, Adds Inn

21 Oceanfront was pulled out of its months-long escrow by owner Jeannie Lawrence. The sales fee never materialized, she said, and she has decided to continue running the restaurant herself. In fact, she's also taking over management of the Victorian-style

UCI Researchers Say Tea, Vitamin E May Fight Cancer

UCI College of Medicine professors Eugene Elmore and Leslie Redpath are weighing in on the debate over the role of "natural" substances in the prevention of cancer.

MOVE OVER DICK TRACY:OC's Police Are Going High-Tech

Santa Ana's police Sgt. Raul Luna was near his patrol car when approached by an officer from a different north Orange County police department. The pair didn't talk about the latest criminal case or community policing. Instead, they talked about Rocky II,

CSULB named new SPIN sponsor: Northrop Grumman first corporate cosponsor

As of January 2000, California State University, Long Beach (CSULB), will sponsor the Southern California Software Process Improvement Network (SPIN). Its first corporate cosponsor under the CSULB sponsorship is Northrop Grumman. The Southern California S

WHY LA'S Y2K BASH WAS LAME

One question seemed to dominate the post-New Year conversation at health clubs, offices and restaurants all over Los Angeles: Why are we so lame?

ExecuTrain: The performance improvement company

Installing Windows 2000 this year? Is Internet Readiness important to your company? Do you need training and assessment customized to your unique needs? Do you want to measure the effectiveness of the training you provide?

Programs put accent on business

Today's workforce is increasingly diverse, especially here in Orange County. Many of the best and brightest engineers, scientists, technicians and other personnel are immigrants and for them English is a second language. All too often their accents and th

Golden Gate University School of Tax

The Golden Gate University School of Tax, the largest such program in the country, has been educating adults in Los Angeles and Irvine for over 15 years. The program is continually modernized and taught by practicing professionals to ensure it is relevant

Saddleback College: the community college with an edge

Are you concerned about increasing productivity and decreasing costs? Are you interested in helping your employees earn college degrees or developing their skills? Are you looking for quality vocational training at minimum cost? If your answer is yes, con

Comment

LAST WEEK, OUR FRONT PAGE FEATURED ONE OF THE NEWEST MEMBERS OF the OC billionaires' club, Quest Software's Vince Smith. On the same front page, we ran a story on an ambitious new technology incubator company being planned with the backing of Scott Blum,

Johnson/Ukropina Bites Off La Salsa Grill Account

Irvine-based Johnson/Ukropina continues its fast-food binge by landing an account with Santa Barbara-based La Salsa Fresh Mexican Grill.

Worldnet: Your corporate computer solution

Today's fast-paced, high tech, and ever-changing environment requires on-site and on the spot immediate responses to your corporate needs. Worldnet is prepared and able to deliver the answers and product you require in a timeframe not easily matched by ot

On-site educational enrichment gets into high gear at Mazda North American operations

Beginning in Summer, 1999, Mazda North American Operations (located in Irvine) fired up the undergraduate bachelor of arts in business administration degree program for all interested employees. But the educational endeavor was not implemented haphazardly

Cruttenden Roth Sets Growth Stock Conference for Feb. 21-23

More than 100 cutting-edge companies of the so-called New Economy will strut their stuff at Cruttenden Roth's 12th annual Growth Stock Conference Feb. 21-23 at the Ritz-Carlton Laguna Niguel.

Manmade Snow Keeping a Few Ski Resorts Above Water

Success for area ski resorts this season lies in the water supply, as snowmaking machines work overtime in this unusually dry winter.

Ambassadors International Revamps, Renames Convention Unit; Adds Services

Ambassadors International Inc., a publicly traded travel company, has expanded its convention services group, which had been operating as a separate subsidiary called Ambassadors Performance Housing.

Orange Coast College: Customized workforce training

Getting the expertise to advance in your career, learn a new skill, or operate or start a new business is easier than ever at Orange Coast College (OCC).

Bloom Leaves Top Posts at Commonwealth

Fred Bloom has resigned as chairman, president and CEO of Commonwealth Energy, the upstart Tustin electric company he founded.

Boeing Counting on Space Group

When Boeing Co. moved to acquire the satellite operations of Hughes Electronics Corp. this month, it underscored the growing importance of its Seal Beach-based Space and Communications Group.

Spinoff Acquires Two More EPS Units

Integrated ProfitMax Corp., Costa Mesa, a spin-off of EPS Solutions has acquired EPS Travel Solutions and Integrated Procurement Solutions.

Smile! You're on IQeye1

IQ invision's Internet-connected video cameras might seem futuristic, but compared to some of the technology co-founder Gregg Bone has experienced,through the magic of Hollywood,it's a step back in time.

SPACE RACE

Orange County's hotel landscape has seen some new faces in the past year, but when it comes to meeting space, the more things change, the more they seem to stay the same.

Agan Sees Region's Future in Abandoned Desert Base

For many Southern California motorists, the land cut by Interstate 15 on the desert side of the Cajon Pass is little more than boring scenery on the way to and from Las Vegas.

CALENDAR JANUARY 25 - JANUARY 31

Cal EPA: New Directions (Industrial Environmental Coalition of Orange County) Irvine 11:30 a.m. $32/$37 (949) 651-1068 1999 Service Excellence Tourism Awards Dinner (Orange County Tourism Council) Costa Mesa 6-9:30 p.m. $35/$65 (949) 794-7229 Developi

Online Trading Academy.com

Welcome to the Online Trading Academy,the largest online trading school in the country. The academy offers a state-of-the-art teaching facility and professional instruction to train you. Its training program is geared toward individual investors, novice o

GVD Ready to Start on Victorville Project

Orange-based GVD Commercial Properties and joint-venture partner Western Signature Properties Corp. said they expect to begin work this month on the 95-acre Dunia Plaza at the southwest corner of Bear Valley Road and Interstate 15 in Victorville.

Western Digital Plant Closing Especially Painful for Haggerty

Signups are at 56 and counting for the insurgent New Majority Committee, the executive-led effort to bring social moderation to the local GOP's central committee, and the group says it anticipates announcing a number of nouveau riche high-tech recruits so

EXECUTIVE SUMMARY

Shares of Broadcom Corp., Irvine, rose sharply on better-than-expected earnings, and the company announced a 2-for-1 split effective Feb. 11; Broadcom said it will acquire BlueSteel Networks Inc., Mountain View, for $110.7 million, and it licensed LSI Log

Toshiba Deal: Boon to Lawyers, Bone to Users

Although, at $2.1 billion, Toshiba's recent product-liability settlement might seem an impressive figure, chances are it will only cost the company about half that amount. Moreover, only about a fourth of the face value of the settlement is expected to wi

Earnings

Conexant Systems Inc., Newport Beach, reported earnings of $51.8 million on revenue of $509.9 million for the first fiscal quarter ended Dec. 31, compared with a net loss of $57.1 million on revenue of $294.7 million in the prior first quarter.

Sheraton Newport to Change Flags

The Sheraton Newport Beach, a fixture of the airport-area hotel scene since 1964, will be converted to a Radisson in June, according to an official with Radisson Hotels & Resorts Worldwide.

Service Complaints Dog Washington Mutual

Despite a high-profile marketing push that seeks to assure its newly acquired customers that service is the highest priority, the Seattle-based thrift continues to be plagued by complaints of long lines in Southern California branches.

THE CONVENTION CENTER'S NEW FACE

Cranes and work crews have dominated the landscape around the Anaheim Convention Center for the past two years. But drivers glancing down Convention Way from Harbor Boulevard today get a far different view with the completion of phase two of the Conventio

Commercial Arts Booming, Too

While the non-profit arts sector is growing, so is the commercial arts industry. The demand for graphic artists and production artists has grown over the past two years, said Brian Guidry, branch manager of Aquent, a staffing company in Newport Beach that

ECONOMY: High-Tech Donors Fuel Growth of Arts Organizations

Broadcom Corp. co-founder Henry Samueli's charitable giving priorities are education, health sciences and the arts.

FileNet's Roberts Muscling Company Into E-Commerce

FileNET Corp. chief executive Lee Roberts might be a rugged businessman, but that's nothing, apparently, compared to his athletic determination. Roberts' physical prowess took center stage in a televised interview recently on financial news channel CNBC,

EXECUTIVE BRIEFCASE

www.homegrocer.com; website for grocery shopping; service available in Orange County.

SURVEY SAYS...

Owing and operating a typical mid-size car in 1960 cost slightly less than 10 cents per mile, or $1,394 per year, assuming a trade-in after four years and 60,000 miles. For 2000-model-year cars, those costs have risen to $6,880 per year or 45.9 cents per

Rep. Cox Names Press Secretary

Rep. Christopher Cox, R-Newport Beach, announced the appointment of Fraser Zimmerman as press secretary, handling his media activities and producing his syndicated TV show, "Washington Report."

Contracts Fuel Rise in Litronic's Share Price

Litronic Inc., an Irvine company that took its first steps into e-commerce last week through a deal with San Juan Capistrano-based NetCity.com, is getting the attention of Wall Street.

REAL ESTATE WATCH

Nearly 40% of the Orange County office base is high-rise buildings, seven or more stories in height. Steadily increasing lease rates in the high-rise office market continue to motivate tenants to see lower-cost alternatives such as low-rise office and fle

The GOP Congress' High-Tech 'E-Genda'

Some people think that the coming congressional session will perhaps not be productive because 2000 is an election year and political gridlock will take over. But that has not been our recent history.

Grainger Exec Departs From OC for HQ Position

W.W. Grainger Inc., the big Chicago area-based distributor of maintenance, repair and operating supplies, is looking for a new regional operations manager for Southern California.

MEETING MANIA

Since the Medical Design & Manufacturing West and Pacific Design Engineering shows went online in 1998, attendance at these events has increased by 20% to 30%.

Supercharge the company network with streaming video

Don't bring everybody to the conference room,bring the conference room to everybody. Cancel the meeting on Q3 sales goals and reapportionment of territories. Cancel the sales training on the new line of products. Cancel the demonstration on the new manufa

You'll Hear French Between Bites at Bistro Le Crillon

Bistro Le Crillon is a small, family-owned caf & #233; in Newport Beach that seems to have no trouble attracting French-speaking customers and the rest of us looking for tastes culled from unique corners of the world.

LETTERS

While Doug Chappell (Jan. 10 letter) and the International Brotherhood of Electrical Workers Local 441 would like Orange County to believe that labor unions are looking out for our collective interests, some will argue that the only interests they are rea

Finding Money for Affordable Housing

But when he was asked to make a formal presentation to top leaders of Rockwell International, Cooper says he was surprised by the reaction.

Brookfield Sells Last OC Property to Surging Lend Lease for $51.6M

As one large real estate investment group plans to move from Orange County, another is just stepping up its local activities.

SCR: 'Associate Producer' Credit Attracts Donors

On opening night of the 1996 play "An Ideal Husband" at South Coast Repertory, Andy Johnson surprised his wife, Olivia, with a gift for her 50th birthday in front of an audience of 500,many of them family members secretly invited for the occasion.

Real Estate Deals

Mohawk Carpets has sold a 32,000-square-foot industrial building at 15977 Heron Ave. in La Mirada to Garfield International for $1.9 million.

Online education at Keller Graduate School of Management

A postcard collection of Victorian artist's perceptions of the year 2000 depicts a futuristic classroom. A student cranks a large machine, resembling a meat grinder, while the teacher shoves books into it. The books' information is then transmitted via wi

Colton Co. Picks Up Stadium Towers Center

The Colton Co., which had an active 1999, has opened the new year by purchasing Stadium Towers Center for $8.5 million from WHVPW Real Estate LP of Los Angeles.

Inland Empire Housing Still a Bargain for Now

The Inland Empire has never been more of a bargain, relatively speaking, for home shoppers from other parts of Southern California. But that situation may be changing fast.

Noevir Names President/CEO for U.S. HQ

Hitoshi Moritani, has been named president and CEO of Noevir USA Inc., a Japanese manufacturer of skincare, cosmetics and nutritional products headquartered in Irvine.

Friday, January 21

Regency Realty Group buys the SunCal property in Fullerton for a retail center

Jacksonville, Fla.-based Regency Realty Group has paid $23.4 million for 41.5-acres of former aerospace property in Fullerton and has broken ground on a proposed retail center there.

Independent producer Anaheim is sitting pretty

While most Orange County electricity users are seeing bills surge, Anaheim businesses and residents recently got a nearly 3% rate cut worth $7 million annually. The city's residential power customers now pay about 25% less than Southern California Edison

The shortage is bad news for OC's two big newspapers

Orange County's two daily newspapers, both big consumers of energy, are being pinched by the power crunch.

Say Hello to New Venues

The opening of several new hotels and Downtown Disney in Orange County has left meeting planners with a wider variety of choices for meetings, banquets and special event parties. Throw in remodeled hotels and projects under construction that are slated to

The Keith Cos. sees bright prospects for its power-plant work

Alan Keith, founder and chief executive of Keith Cos., said he sees "almost unlimited" opportunities because of electricity deregulation.

An 800-plus-acre oil field near Brea is being masterplanned for development

Nuevo Energy Co. is again seeking to entitle more than 800 acres north of Brea for residential and neighborhood retail development.

Roy's of Newport schedules a Champagne-and-food evening

One of the world's finest Champagne houses is that of Laurent-Perrier, yet it's not one of the names that falls naturally into an American's conversation when it comes to sparkling wines. There is, however, a stellar opportunity coming for you not only to

ESPN Zone diners can watch interviews being taped, in the Marketing & Media column

ESPN Zone, a new restaurant and entertainment center in Anaheim, now houses "Up Close," ESPN's daily interview program.

The 'interruptibles' are bearing the brunt of the shortage

John Gilbert came to work at 6 a.m. on a chilly day last week to deal with California's power mess.

Transwestern will manage Koll Irvine North, in the Real Estate column

In the heart of the Orange County Airport Area, Koll Center Irvine grew in stages during the '80s. Now, the centrally located office park finds itself with a new management team and a new direction.

The squeeze could short-circuit tech firms' local expansions

California's power crisis could convince chip makers and other fast-growing technology companies that further expansion in Orange County isn't worth it, according to local executives.

Wednesday, January 19

Bolen Named McCarthy's First Non-Family CEO

When Michael Bolen finished his military career, he had two college degrees under his belt and a desire to go to work using his hands.

STOCK MARKET CORRECTION

Last week, our front page story on how our two Cruttenden Roth stock indexes performed in 1999 came to the conclusion that the OC Billion-Dollar Club, the index of the county's stocks with market caps of $1 billion or more, easily outperformed the index o

Times' OC Circulation Slips as Register Posts Gains

The Times Orange County has lost more ground in its OC circulation war with the larger Orange County Register, according to the most recent six-month report released by the Audit Bureau of Circulations.

Speedway Hits Wall, Planet Hollywood Lost in Space

Gone in pretty quick order is Speedway International Racing Bistro and Bar in Irvine's Spectrum. The partners also closed the Speedway restaurant on Coast Highway in Newport Beach, which had opened in mid-'97. This was a concept that I perceived as totall

THIS WEEK'S COMPANIES

Allegro Ristorante 34

UCI Offers Math, Science for Top High Schoolers

Up to 250 high school students will begin intensive math and science training at UC Irvine this summer. The goal of the COSMOS (California State Summer School for Math and Science) program is to motivate the state's most academically talented students tow

AOL-Time Warner Deal Could Boost OC Broadband Firms

AOL is basking in the limelight for its $350 billion takeover of Time-Warner, but Orange County's emerging broadband sector could be long-term beneficiaries as the deal brings high-speed data streams into the consumer mainstream.

LoanTrader.com Eyes VC Deal, IPO

LoanTrader.com, the Irvine-based Internet portal for mortgage brokers and lenders that debuted in September, is getting ready for the next level.

Advanced Business Machines Acquired

Tampa, Florida-based Global Imaging Systems Inc. has acquired Irvine-based Advanced Business Machines Inc.

Up Close and Personal With the Flu Bug

The doctor on the "Today" show says it's not an epidemic. Sure, a lot of people are sick, everywhere, but it is not an epidemic, he reassures me,home with the flu,and the rest of the early morning TV audience. But Matt Lauer fights back, insisting the flu

El Toro's Legal Heavyweights

Michael S. Gatzke and Richard C. Jacobs are the two heavyweight attorneys fighting each other in the courts over whether there should be an airport at El Toro.

CALENDAR JANUARY 18 - JANUARY 24

Ethics in the Workplace (National Human Resources Association, Orange County Chapter) Irvine 7-9 a.m. $30/$37 (714) 228-5450 Let's Talk , Employer Panel With Human Resource Managers (California Association of Personnel Consultants) Irvine 5:30-8:30 p.m.

Politicians Trying to Lure Fighter Work to Palmdale

It's a sleek looking fighter jet, designed to be the U.S. military workhorse for the 21st century. Called the Joint Strike Fighter, it has the latest stealth technology, with both air-to-air and air-to-ground missiles and a 27-millimeter cannon. One model

Micro Therapeutics Begins U.S. Trial of Aneurysm Product

Micro Therapeutics Inc., an Irvine medical-device company, has completed two brain aneurysm procedures using the company's new product, the Onyx Liquid Embolic System (LES). It marks the beginning of the company's U.S. clinical trials involving 10 patient

Kathleen Brown Just a Figurehead? No Way

Kathleen Brown's late father Pat was governor of California. Her older brother Jerry was, too, and now he's mayor of Oakland. But when she gets together with Jerry these days, Kathleen Brown boasts about having the higher title.

BofA Revamps Commercial Operation in OC

Bank of America has reorganized its Orange County commercial banking operations.

Blum Venture Lures Koll Execs, Eyes Parker Site

Two top-level executives are leaving the payroll of one of Orange County's long-standing corporate titans, Don Koll, to hook up with one if its newest, Scott Blum.

O'Melveny & Myers Takes Space at Pacifica Court

The law firm of O'Melveny & Myers is expanding by opening a new office at Pacifica Court in the Irvine Spectrum.

PEOPLE

Michael Grabendike, a longtime local real estate marketing professional, has been selected by Essex Realty Management of Costa Mesa as its new senior vice president.

These Opposites Attract Attention

If a perfectly matched leadership team were a prerequisite to launching a flawless public offering, there might not have ever been a Quest Software Inc.

Fast Connections: FreeDSL.com Signs Up 100,000

Analysts commenting on the free high-speed Internet service launched last week by Ryan and Chad Steelberg scoffed at the notion of subscribers willingly exchanging demographic information for free broadband connections.

EXECUTIVE SUMMARY

Western Digital Corp., Irvine, promoted COO Matthew Massengill to president and CEO and elected director Thomas E. Pardun chairman, to replace the retiring Chuck Haggerty, who will also step off the board June 30 ... Sage US Inc., Irvine, acquired Best So

Makers Hedging Bets on New Memory Chips

It's not a civil war, exactly, but a standards battle over the next generation of computer memory has Orange County hardware makers taking sides, and the outcome could affect millions of dollars in recent technology investments.

TWO-PAPER TOWN

Register, Jan. 5, Business page 2:

EARNINGS

Printronix Inc., Irvine, posted earnings of $3.4 million on revenue of $51.7 million in the fiscal third quarter ended Dec. 24, compared with earnings of $3.0 million on revenue of $45.8 million in the prior third quarter. For the nine-month period, the c

Irvine Co. Losing Veteran Spokesman; Tom Daly to Wed

Donald Bren is losing his voice. After 30 years on the media-PR merry-go-round, including the last 13 as spokesman of Bren's Irvine Co., Larry Thomas has decided to get off and "pursue a growing personal wish list" that includes more golf, more reading, m

Real Estate Deals

Greg Diab and Jack Haley represented American Ultra Violet Co. in the sale of a 7,100-square foot freestanding industrial building in Santa Ana. The building was sold for $482,800.

Strange Bedfellows

supervisors reached an unprecedented (for OC anyway) agreement with organized labor that ensures union workers will do the vast majority of work on county construction jobs through the year 2005.

REAL ESTATE WATCH

The Mid-Counties Market consists of the cities along the border of Orange and Los Angeles counties. The industrial market in Mid-Counties continued to report healthy and active patterns while the office market softened a bit.

The Homebuilders' Agenda

We are entering a new millennium filled with unequalled opportunity and potential. However, deep-seated economic and social differences threaten positive change.

SURVEY SAYS...

Survey by OfficeTeam Staffing of 150 executives from the nation's largest 1,000 companies

Pacific Western National Bank Moves HQ to Brea

Pacific Western National Bank last week moved its headquarters from Pico Rivera to Brea.

Koll Planning 1.8M Square Feet of NorCal Projects

Koll Development, which has been trying to gain a stronger foothold in Northern California for three years, is moving closer to making those plans a reality.

BEST OF ARGUS

n Hillary Clinton finally agreed to appear with David Letterman on his show. They got along great. He gave her his softest treatment and his most courteous manner and she gave him his FBI file.

Saturday, January 15

OC's parks have something for everyone

Orange County's largest office and business parks, as listed by the Business Journal on pages 39 and 40, range from the 3-million-plus-square-feet and growing Irvine Spectrum to the 457,355-square-foot Pacific Business Center in Lake Forest.

Construction is slowing

For the past couple of years, major developers have been adding space eagerly to Orange County's 55 largest business parks, correctly figuring the strong leasing market would absorb the new square footage. But some of those same developers today see the m

The dot-com shakeout causes barely a ripple in the OC real estate market

Local Landlords Shrug Off Internet Implosion, Citing Diverse Local Economy

Enfrastructure may be the landlord of the future, or it may not

Making tenants' lives easier has become common practice in the world of business parks and office campuses. Especially in the tenant-friendly office campus environment, developers begin their projects with the future occupant in mind.

Monday, January 10

CALENDAR JANUARY 11 - JANUARY 17

Entrepreneurship in the New Millennium (USC, Orange County Center) Irvine 7-9 a.m. $35 (949) 752-5505 How to Recognize and Cope with Change in Your Family Business (Family Business Council, Cal State Fullerton) Orange 3:30-8:30 p.m. Free (714) 278-4182

PEOPLE

Michael B. McGlone was elected president and COO of Hanford Hotels, a Newport Beach hotel management company. He succeeds Donald E. Sodaro, who remains chairman and CEO. McGlone, 41, joined Hanford in 1996 as vice president of finance and administration a

Letter

Peter Brennan's Nov. 29 article regarding a possible project labor agreement between the county of Orange and the OC/LA Building & Construction Trades was an excellent, well-written article. As the leader of an electrical union, the article was of great

Abbey Co., With New Credit Line, Will Expand Reach

The Garden Grove-based Abbey Company, which has been an aggressive buyer of mid-size commercial and industrial buildings in Southern California, is expanding its purchasing plans.

Big OC Stocks Soared in '99

Communications technology. Yeah, baby. That's what drove the OC Billion Dollar Club last year. The index of 14 Orange County stocks with market caps of more than $1 billion virtually doubled in value in 1999, increasing by 97%.

EXECUTIVE SUMMARY

The board of Premier Laser Systems Inc., Irvine, removed founder Collette Cozean as chairwoman and chief technology officer and elected outside director Fredric J. Feldman chairman; Cozean said Exec VP Tom Hazen and regulatory affairs VP Jeff Anderson als

RiechesBaird Reaches for $15M E-Account

Irvine-based RiechesBaird Advertising is the only OC shop shooting for an estimated $15 million to $18 million advertising account with b2bstores.com in Long Beach. The short list also includes Grey Advertising Inc. in Los Angeles and Moss/Dragoti in New

Twin Palms Closes, Will Become Banquet Facility for Four Seasons

Twin Palms restaurant in Newport Beach went out with a final bang on New Year's Eve.

Bytes, Camera, Action

A new high-tech private technical college with an initial focus on skills for the movie industry has leased space in a Placentia business park for its main campus and plans to begin rolling out classes on the Internet within the next several weeks.

UCI, OC Hospitals Participate in Breast-Cancer Study

It turns out that having a fighting spirit isn't necessarily the best thing for breast-cancer patients, according to a study published in the latest issue of Behavioral Medicine.

DEEP THOUGHTS FROM DR. MIKE

n We should plan a worldwide New Year's bash every year. That way there wouldn't be time to start wars!

Real Estate Deals

Tran Medical purchased the City National Bank Building in Fountain Valley for a value of $1.1 million. The building will be remodeled to convert it to medical offices. Dave Hunsaker and Chuck Noble of Lee & Associates represented the seller, while Tarbell

Comment

globe to usher in 2000, the world hardly even sputtered. It just kept spinnin' 'round. Makes you wonder how much to credit businesspeople and bureaucrats for successfully taking preventive measures to avert a computer meltdown, or how much to credit consu

UCI Med School Research Deal Bearing Fruit

University of California, Irvine's research deal with Large Scale Biology,the school's largest ever,has blossomed into a fruitful endeavor, both parties say.

Staples Leases Two Former Supermarket Sites

The office-products company has inked a deal to sublease space from Vons at 3861 S. Bristol St. in Santa Ana, near the corner of Sunflower Avenue.

26 Red Sugar Founder Sells, Moves to Roxy

Dana Dartez has sold her 50% stake in the 26 Red Sugar junior's apparel company she founded to become head designer for the Roxy brand at Huntington Beach-based Quiksilver Inc.

New Year Jolt: Work-Comp Premiums On Rise

The president of South Gate-based Sure-Grip International, a skate manufacturer, found out two weeks ago that his workers' compensation carrier had increased his firm's premium from $14,000 to $23,000 a year, a whopping 64% increase, effective Jan. 1.

Del Taco's Ad Hero May Bite Dust

Del Taco's Zorro-like character will no longer have to fight for the right to bring better Mexican food to the people. TriStar Pictures and Zorro Productions settled their trademark-infringement suit against Del Taco over its ads, with Del Taco agreeing t

Hanover Ramping Up, Plans 800 Units on Two OC Sites

The Houston-based Hanover Co., which opened its West Coast headquarters in Newport Beach in September, has completed its first set of apartment deals in Southern California. And with several other acquisitions pending, Hanover executives believe they are

Fledgling Chip Firm Lands $23M in VC Funding

NewPort Communications Inc., a 3-year-old Irvine startup founded by a pair of former Conexant engineers, has snagged $23 million in venture capital to launch a line of semiconductor products that could dramatically lower the cost of optics-based data netw

THEY SHOW HIM THE MONEY

It's safe to say that people who spout the old cliches about accounting work being on the dull side have never met Doug Ammerman.

ORANGE COUNTY CONSTRUCTION

By the end of the third quarter, more than 1.8 million square feet of newly constructed office space was delivered to the Orange County market. Indicative of the confidence in the Orange County office market, for the past two quarters approximately 2 mill

Food Fight: Webvan Set to Take on HomeGrocer.com

Following last year's entries of HomeGrocer.com and Pink Dot into the area, Foster City-based Webvan Group Inc. is negotiating a build-to-suit deal on 15.5 acres in Foothill Ranch for a planned OC operation.

THIS WEEK'S COMPANIES

Abbey Co. 3

SMALL FIRM, BIG EVENTS

Five years ago this month, former catering and hospitality veterans Steve Norton and Scott Jones sat in Jones' living room working on TV trays to launch their event-planning business, Masterpiece Productions.

Street Blesses TriZetto's Marriage of Healthcare, Internet

Add the TriZetto Group as another Orange County IPO that's shot through the roof. But there's something different about the Newport Beach-based company. Is it a healthcare company making a play in the Internet or an Internet company making a play in the h

Bridge Acquisitions Open Channels in China

Garden Grove peripheral maker Bridge Technology Inc. is bolstering its presence in China with a few acquisitions designed to give it a bigger foothold in the emerging market. Less than a month after purchasing a 90% stake in Hong Kong electronics distribu

SURVEY SAYS...

Survey of 200 attorneys from the nation's largest 1,200 law firms by The Affiliates

Dave & Buster's Doesn't Play Games With Its Menu

There are two restaurants in the Irvine Spectrum that I recommend when questions come my way. They are P.F. Chang's and Dave & Buster's. The latter has been turning my head since opening in mid-'98. This is a sleekly laid out place that offers a pub-like

TWO-PAPER TOWN

EL TORO: Opponents question data that show traffic and air-quality problems would be worse in alternative scenarios.

Conexant Execs, Directors Score Big With Stock Options

Turns out 1999 wasn't that bad for Ingram Micro boss Jerre Stead. Sure, he announced he'll be giving up the CEO spot at the Santa Ana computer distributor, which has been mired in an industry slump. But Stead also landed a board seat with Conexant, the Ne

Sares-Regis Has Plans for Irvine, Foothill Ranch

Besides hoping to develop a new building for Webvan, the Irvine-based real estate firm has made a bid to buy 9.8 acres at Jamboree Road and Main Street in Irvine.

WINTER WONDERLAND

It virtually never snows in OC and the local resorts in Big Bear and Snow Summit depend on the expensive manmade stuff, but the pulse of the snowboard industry beats strongly here.

Yes, There's Life after Y2K, Even for Consultants

Peter de Jager, the loud Houston-based Y2K noisemaker, is selling his year2000.com domain name to the highest bidder and moving on. That's a sure sign that the Y2K mania has come to an end.

Tuesday, January 4

Priority Pay Puts Payroll Functions Online

Here's a back-office application that promises to interest employees as much as their managers. Priority Pay Inc., a new company formed by the Orange County team that founded and sold CompReview several years ago, wants to move payroll processing to the I

Koll Bren Schreiber Selling 1M Feet of SoCal Space

Newport Beach-based Koll Bren Schreiber Realty Advisors expects to close participation in its latest investment fund by April, and is putting more than 1 million square feet of Southern California property on the block.

Go to Jail?

Anaheim City Council member Tom Tait said he's been receiving complaints from business owners. For example, Tait said one business owner was forced to put a sprinkler system inside his walk-in freezer or he was told he could face criminal penalties. The b

Code Breaker: New Rules to Boost Home Costs

New home prices, already spiraling at record levels, are about to receive an unexpected bump.

In and Out

TRENDING INTO THE NEW YEAR WITH YOUNG & RUBICAM'S BRAND FUTURES GROUP:

LETTERS

The Santa Ana Chamber of Commerce commissioned a poll of local businesses about the OCTA's light-rail plan, proceeded to publicize the results on the cover of their newspaper and would now have us believe that they are neutral on the issue? That strains c

REAL ESTATE WATCH WEST ORANGE COUNTY

The West Orange County office market, which includes just 4% of the net rentable area of Orange County, tends to experience greater fluctuations in key market indicators due to its small size than the larger Orange County office markets. The average askin

DEEP THOUGHTS FROM DR. MIKE

n Albert Einstein was named man of the century by Time. His barber finished in 6-billionth place!

Javelin Shareholders OK Name Change

Shareholders of Javelin Systems Inc., Irvine, approved changing the company's name to Aspeon Inc. on or about Jan. 20. Its Nasdaq symbol will change to ASPE at that time.

Out and In

TRENDING INTO THE NEW YEAR WITH THE EDITOR:

Real Estate Deals

Foremost Business Parks acquired the North Batavia Business Park in Orange from Newport Beach-based CT Realty. The business park consists of five buildings totaling 128,505 square feet and is 97% occupied. Rob Socci of Voit Commercial Brokerage's Anaheim

Upstart GOP Group Already Halfway to Fundraising Goal

The New Majority Committee, the insurgent political fundraising group for well-heeled GOP moderates, is off to an impressive start. The Insider is told that so far the Larry Higby-Mark Johnson-Tom Tucker-led effort has attracted 50 members. At annual dues

McLarand Vasquez Adds Name, Moves

Twenty-five-year-old McLarand, Vasquez & Partners, OC's largest architectural firm, has added the name of longtime partner Rick Emsiek, to become McLarand Vasquez Emsiek & Partners.

MARKET WATCH

The Billion-Dollar Club finished strong, up 6.6%. Its peer, the S & P; 500 was up 1.9%. The OC 100 was the only index down, falling 0.2%. The Russell 2000 was up 4.0%, while the Dow finished up 2.5%. Centris Group Inc. dropped off the OC 100. The company was

Hillwood's OC Office Sees Busy Year Ahead

Hillwood Development, the real estate company controlled by Ross Perot Jr., is moving forward on several projects from its West Coast regional offices in San Clemente.

OC: The Next Century

Few places on earth enter the new century and new millennium with more brash confidence than Orange County. Few places enjoy more wealth, more sun or more entrepreneurial energy. Few places can claim to be more of a creation of the post-suburban, globally

THIS WEEK'S COMPANIES

Able Corp. 16

OC Businessperson of the Year: Honorable Mentions

As a tortured adaptation of a 1990s Disney story might put it, the stock gains of Emulex Corp. and QLogic Corp. this year could be called the corporate circle of life.

SPOTLIGHT: BECKMAN INSTRUMENTS INC.

Fullerton-based Beckman Instruments Inc. manufactures, markets and services laboratory instrument systems, reagents and related products which are used to conduct basic scientific research, new product research and development or diagnostic analysis of pa

This Shipping Network Built on Bits, VW Bugs

Brad Adamske won't beam trekkers thousands of miles through space, but thanks to the wonders of the Internet, he hopes to make money doing practically the same thing with paper documents.

EXECUTIVE SUMMARY

Year-end bulls pushed up the stocks of OC's biggest public companies (see page 11) Pacific Life Insurance Co., Newport Beach, is in talks to be acquired by Munich-based Allianz AG, SEC filings showed; analysts said the price could be $3 billion-plus ...

Motorola Building on the Block

The Motorola Building in the Irvine Spectrum, vacated in 1999 when semiconductor markets were down, has been put on the market for $28 million.

What Makes Techs Tick?

Kaye Schoonhoven, who has been studying innovation and high-tech companies since 1979, recently began researching Orange County Internet firms.

OC Businessperson of the Year: Dwight Decker

Ten years ago, Dwight Decker was a rising star in Rockwell International's modem-making division, but he was ruffling feathers. Decker insisted that the unit abandon its mainstay business,providing customized communications chips to IBM and some other big

Attorneys Debate Taking Stock for Legal Advice

There haven't been any troubles,yet,with the practice made popular in Silicon Valley of lawyers accepting stock in their high-tech startup clients as payment for legal fees. But some attorneys are wary and say this is an ethical issue on the verge of bubb

Second Harvest Plans Post-Y2K Food Drive

The Second Harvest of Orange County is coordinating a countywide food drive from Jan. 15 to Feb. 1.

City National EVP Adds San Diego Role

Dallas Haun, regional senior vice president overseeing City National Bank's Orange County and Long Beach/South Bay regions, was given the additional responsibility of heading up the San Diego Commercial Banking Region and was appointed to the bank's execu

Look Out, AOL: Steelbergs Unveil FreeDSL.com

Ryan Steelberg jokes that one of the reasons he waited until today to launch a new free high-speed Internet service is so AOL founder Steve Case could enjoy the holidays.

SURVEY SAYS...

Survey of 600 small and medium-sized businesses by national business organization, The Alternative Board

Places to Put on Your New-Year Calendar

Recent national surveys show that Americans are eating more and more meals in restaurants or buying prepared food and cooking less at home. This surely means that you and I and all our neighbors will be rubbing elbows more often in local dining rooms. Her

Civil War

Joking aside, one of the most ominous clouds on Orange County's new-year horizon is the growing acrimony between "North" and "South" over the proposed El Toro airport. With both sides swinging into high gear for the campaign on the anti-airport Safe & Hea

U.S., Mexican Mayors to Meet

A summit of mayors from the United States and Mexico to discuss trade, government and technology is set for Feb. 13-16.

Allergan Moving on Product Development Deals

Allergan Inc., Irvine, and Boehringer Ingelheim, a pharmaceutical company headquartered in Ingelheim, Germany, have signed a licensing deal for Allergan to develop and market epinastine, a treatment for ocular allergies. Boehringer currently makes an oral

Wedin Caught Up in Swirl Around Belmont

Another Orange County business leader is caught up in the scandal over the Belmont Learning Complex in Los Angeles. A recently released audit said Wayne Wedin, former chairman of the Orange County Business Council, wasn't able to explain adequately how he

T & O; Hot-Dogs It in New Ads for Bear Mountain

Sure it's naughty; in fact it's a little obscene. The edgy new campaign created for Bear Mountain Resort by Irvine-based T & O; Advertising's Orange Zone division delivers the message that Bear Mountain is the tallest, largest and roomiest resort in the area

Professional Firms Sponsor 'Backup' Daycare Center

Boston-based ChildrenFirst Inc. recently opened its first Orange County corporate-sponsored backup childcare center in Irvine.

BEST OF ARGUS

1990 - U.S. troops were disappointed when they raided Noriega's house and all they found a 100-pound sack of chili flour. Noriega must be furious. He just learned that he paid $6 million for a 100-pound sack of chili flour.

Developers Take Shares, Eye Payoff

The idea's out there, but swapping shares of technology firms for services rendered is a rather new phenomenon in the grounded world of commercial real estate.

Saturday, January 1

Search firm Christian & Timbers finds a regional manager

Cleveland-based Christian & Timbers, an executive search firm, named Robert J. Lambert managing director and principal of the firm's new Southern California office in Irvine. He will also oversee branch offices in Los Angeles and San Diego.

The data center boom is reshaping OC's real estate market

The data center boom is reshaping the real estate market around John Wayne Airport and other parts of Orange County.

Jackson Federal Bank is moving its headquarters to OC

Jackson Federal Bank is moving its headquarters from San Bernardino to Brea and bringing about 80 administrative jobs with it.

TravelStore comes to OC

Los Angeles-based TravelStore, a 25-year-old privately owned travel agency, recently opened its first Orange County office in Irvine and plans to open another in San Clemente in the near future.

Real Estate Deals

Vesuki Inc. bought a 24,922-square-foot industrial unit at 1350 Lambert Ave., Suite A in Brea from W.L. Butler Construction Inc. for $2.2 million. Steve Crane of Lee & Associates-Orange represented Vesuki. Jim deRegt of Lee & Associates-Newport Beach repr

Management Resources is consulting on a rodeo dinner theater in Florida

Irvine-based Sundance Travel International, the third-largest travel agency in Orange County, last month was acquired by Coral Gables, Fla.-based TraveLeaders, one of the nation's 20 largest travel agencies.

Executive Summary

Newport Corp., Irvine, said it plans to acquire CE Johansson AB of Sweden and, in an unrelated deal, plans to acquire Richmond, Calif.-based Kensington Laboratories Inc. for up to $320 million (see related story on page 7) ... Howard Phanstiel was promote

OC Businessperson of the Year: David Pyott of Allergan Inc.

After a couple years under the hood at Allergan Inc., David E.I. Pyott took the specialty pharmaceutical maker out for a spin in 2000.

Sicor Inc. is gearing up to make generic biotech drugs

Irvine-based generic drug maker Sicor Inc. is gearing up for what's expected to be a wave of biotechnology drugs coming off patent in the next five years.

Some New Year's dining resolutions

Just give us a new year and we writers are ready to expound endlessly on business and social thoughts and predictions. I too wish to share some thoughts.

Air mail: El Toro continues to rile readers, in Letters

We are going to Phoenix for a family gathering. From John Wayne Airport to Phoenix, the best available weekday round trip fare is $535.50. The America West agent who quoted the fare said, "John Wayne is a really restricted market." She said it twice, and

Some OC firms are ready to step up their activity in China

Orange County companies gazing toward China and its massive potential market are stepping up plans in anticipation of the country's expected entry into the World Trade Organization this year.

Honorable Mentions: Henry Nicholas and Henry Samueli of Broadcom Corp.

One way to gauge how busy the two Henrys of Broadcom Corp. were in 2000 is to look at the news their company generated.

Calendar

Network and Grow Your Business (Networking Technologies Channel) Irvine 6:30-8:30 p.m. $25 (310) 830-0608 Financial Planning for People in Personal Transition (Merrill Lynch) Anaheim 10 a.m. Free (800) 234-7756

Ted Smith passes the FileNET torch to Lee Roberts, in the Technology column

Ted Smith, founder and chairman of Costa Mesa-based FileNET Corp., recently announced that he is passing the title of chairman of the board to the company's chief executive, Lee D. Roberts

It's official: OC exports grew 14% in 1999

The U.S. Department of Commerce late last month released its long-awaited final tally of 1999 Orange County exports, revealing a heady upturn in trade outflow that year to $9.3 billion,a 14% increase over the 1998 figure.

T & O; launches TV spots for Fantastic Sams, in the Marketing & Media column

RiechesBaird Holes Up With New Golf Course; MindArrow Lands Big-Name Clients

Micro Therapeutics gets the go-ahead to sell its micro-catheters in Japan

Micro Therapeutics Inc., an Irvine manufacturer of vascular diagnostic and treatment devices, late last month received approval to market its micro catheters in Japan.

DocPlanet.com has cut way back and is looking for funding

Santa Ana-based DocPlanet.com Inc., an online medical products supplier, is facing health problems of its own these days, recently cutting back personnel to a skeleton crew and discontinuing several products on its site.

The dogs were let out first in OC

Orange County has left its mark on a couple of sports fan trends in recent months.

Honorable Mentions: Jim Jannard of Oakley Inc.

Then-chief executive William Schmidt, a former Gatorade marketing executive, wanted to put the kibosh on the Foothill Ranch-based company's money-losing footwear effort. Founder and Chairman Jim Jannard refused to drop the line.

Sundance Travel is acquired by TraveLeaders

Irvine-based Sundance Travel International, the third-largest travel agency in Orange County, last month was acquired by Coral Gables, Fla.-based TraveLeaders, one of the nation's 20 largest travel agencies.

The Insider meets the Leahy Brothers, OC's top transit siblings

The name "Leahy" may soon be synonymous with "transportation" in Orange County. That's because Arthur Leahy (named two weeks ago by the OCBJ as "person to watch" in transportation for 2001) is coming from the Metro Transit in Minneapolis to take over as

OC stocks took a beating in 2000

2000 caught almost everyone by surprise, from Wall Street pundits to individual investors. Most predicted that 1999's euphoria in stocks would roll on through 2000, but instead it hit a wall in March.

Concord Disc Manufacturing has leased the former Seagate facility in Anaheim

Brea-based Concord Disc Manufacturing has leased the 123,624-square-foot former Seagate Technology Inc. facility in Anaheim. The five-year lease is valued at $4 million.

Two former Pacific Gulf execs go it alone, in the Real Estate column

J.R. Wetzel, who was Pacific Gulf's executive vice president of operations and chief operating officer, and Robert Dewey, who was senior vice president of industrial operations, have left the Newport Beach-based company to launch their own real estate dev

Honorable Mentions: John Wareham of Beckman Coulter Inc.

Most acquisitions never live up to the fanfare of when they're announced. Expectations of "synergy" and "enhanced shareholder value" often give way to culture clashes, financial charges and a slumping share price for the suitor.

The North County M & W; market tightened in the third quarter

The North and Central Orange County markets combined make up nearly 28% of the total net rentable office square footage in Orange County. Net absorption in the northern portion of the county increased slightly in the third quarter to 56,173 square feet, b

Firms' healthcare costs rose in 2000, in the Healthcare column

Employers doled out more in 2000 to provide healthcare for their workers, according to a new survey from healthcare consultant William M. Mercer. And Orange County businesses felt a bigger share of the cost bite.

John Laing Homes has a for-sale sign out

The owners of Newport Beach-based WL Homes LLC,holding company for John Laing Homes, the sixth most active homebuilder in Orange County,are looking to sell the company, according to industry sources.

People

The Costa Mesa office of Deloitte & Touche appointed Dean Smith and Darin Yonemura as tax managers specializing in consulting. Sandra Bertola and James Salazar were named tax seniors focusing on consulting and Steven Norman was named tax senior in the mul

Ketchum opens an OC office

New York-based public relations firm Ketchum, which has an office in Los Angeles, is unveiling a satellite office in OC after the New Year.

Things to come, an Editorial

WHAT A DIFFERENCE A YEAR MAKES The year 2000 dawned with fears of a Y2K meltdown and expectations that we'd spend the next 12 months counting down to the real century- and thousand-year turn, which is now. But millennium fever died about as quickly as the

Honorable Mentions: Robert Deuster of Newport Corp.

In 2000, investors picked up on what Robert Deuster already knew: the future of Newport Corp. lies in fiber optics and semiconductors.