Stories for March 2002

Monday, March 25

Plaintiffs' Case, Cont'd

Commentary by Thomas Tierney

WHEW! Agency Execs See Signs That Last Year's Ad Spending Slide Is Over

Unbuckle your seat belts: the worst is over. That's the consensus among Orange County's advertising executives, who say the first quarter shows some signs that the economy is coming around.

Comment: Grayout

POLITICAL CIRCLES ARE BUZZING OVER GOV. DAVIS' RECENT COMMENTS ...

POWER PLAY - Powerwave Pitches Gear Makers on Outsourcing

If it were up to officials at Powerwave Technologies Inc., there wouldn't be a stretch of highway where your wireless phone couldn't be used. And, after a year of declining sales and losses, the maker of power amplifiers for wireless networks hopes to hav

SUITS STILL IN STYLE

Despite the nascent economic recovery, Orange County securities litigators likely will be busy for some time handling a surge in shareholder class-action lawsuits that started hot on the heels of the dot-com meltdown in 2000 and accelerated during the 200

Prudential Eyes Growth as Part of Buffett Empire

The owners of Prudential California Realty were looking for a buyer, and boy, did they find one.

Newport Startup Cocked With Taser Gun Offering

IOGear Taps Ingram for Southward Push; Stomp in Temporary Digs After Fire

PacifiCare Unveils Plans for Mental-Health Parity

UCI to Host Session on Health Plan 'Report Cards'; Local IPA Contracts Sold

EXECUTIVE SUMMARY

Weekly Column

HIRE CALLING

Q & A;: Creative Link Staffing's Brian Gold Sees an End to the Marketing Job Drain

Diedrich Offering a Rare World-Class Coffee This Week

Ristorante Rumari Reopens With a Benefit; Cooking Class at Florence Italian Cuisine

Former Irvine Mayor Criticizes Successor, Irvine Co. Project

The Irvine Company and Mayor Larry Agran have a new critic of a big development proposed near the former El Toro base,Agran's predecessor as mayor, Christina Shea.

EXECUTIVE BRIEFCASE

Movie Review: WE WERE SOLDIERS

One Down: Alcon Laboratories' Debuts; Employs 580 in OC

The first of two public debuts of eye-device companies with Orange County ties came last week when Alcon Inc. completed a $2.3 billion initial public offering on the New York Stock Exchange.

The Plaintiffs' Case

The Plaintiffs' Case

Ex-Pageant Director Eytchison Ramps Up Design Shop

O.C. INSIDER by Rick Reiff

Housing Lot Sales Brisk on OC's Eastern Border

Birtcher Grabs Lake Mission Viejo Complex; Olson Doing Brea Day Spa

Microsemi Plans Streamlining, Selloffs

Irvine chipmaker Microsemi Corp. plans to merge some facilities and shed businesses after posting its first down year in eight years in 2001.

IT WASN'T A VERY GOOD YEAR

But 2001 Wasn't the Debacle for All That It Was for Some; Y & R; Tightens Its Grip on No. 1

Pritzker Siblings Start $300M Fund

Anthony "Tony" Pritzker,part of Chicago's ultrarich Pritzker family,says he loves finding troubled companies and turning them around. Now he has $300 million to spend on his passion.

Real Estate Deals

Real Estate Sales and Leases

Retooling PacifiCare Plans Move to Cypress

Santa Ana-based PacifiCare Health Systems Inc. plans to end 2002 with its headquarters in a new city,Cypress. The healthcare services provider is doubling up its corporate operations and its California business in Cypress as part of a larger bid to impro

ASR School Show Proves Quaint, But Will it Win Out?

Extract the flashy marketing booths, bikini babes and bottles of beer from an Action Sports Retailer Trade Expo and what do you get? ASR's new baby: Back2Skool, a boutique show held last week at the Waterfront Hilton Beach Resort in Huntington Beach.

One Developer's Problem Is Other's Chance to Build

Homebuilder D.R. Horton Inc. has neighbors to thank for its proposed Canyon Oaks community in Anaheim Hills. The Corona office of the Arlington, Texas-based company plans to build 106 single-family homes in the Maag Ranch section of Anaheim Hills.

PEOPLE

People in the News, on the Move

Santa Ana Mayor Touts Mexico Sea Lane

Santa Ana Mayor Miguel Pulido has a big vision born of one of his pet projects, the International Business Center in his city's downtown.

FCB Lures McCann Ad Man From New York to Irvine

Zator Leaves T & O; For Who's Calling; Holland On Own After Nine Dots Closure

Western Realco, Bixby Plan Redlands Business Park

Newport Beach-based Western Realco and Bixby Land Co. of Long Beach have bought 227 undeveloped acres in Redlands with plans for a big business park.

Real Estate Watch: North & Central Orange County

A Tenant's Market, but for How Long?

Next in Line: Allergan's Device Unit Set for Spinoff

After Alcon Inc.'s public debut last week, next up is Advanced Medical Optics Inc., a planned spinoff from Allergan Inc., the Irvine-based drug maker.

Monday, March 18

Suit Against Broadcom Faces Uphill Battle

The vast majority of shareholder lawsuits get settled. Even with those odds, the case of some well-known Orange County investors against Broadcom Corp. starts out with an uphill fight.

Real Estate Deals

Real Estate Sales and Leases

Gadbois: Slow Going, New Plans, No Regrets

Richard Gadbois says it's been tough going since he left his cushy job at Merrill Lynch & Co. to become a partner at a startup money management firm catering to wealthy clients.

Students Work for National Services Group

Excellence in Entrepreneurship Awards. Special Report

ClearLight Looks to Open War Chest

Despite skepticism about the recovery, high private company valuations and tight credit markets, Michael Kaye, managing partner at Newport Beach-based ClearLight Partners LLC, said he plans to open his checkbook this year.

Exult's Getting Big Off Deals With Big Companies

Excellence in Entrepreneurship Awards. Special Report

AmerisourceBergen Gets CFO From AmeriSource

The Pros, Cons of Consumer-Driven Benefits; OC Startups Present at Confab

They Say: Disney's Sports Scorecard

VIEWPOINT by Christopher Cox

CATCHING THE BIG ONE

Orange Inn at Quiksilver Result of Surfing Ties. For Quiksilver Inc.'s Bob McKnight, there was,and still is,nothing better than the Orange Inn in Laguna Beach.

Executive has Revived Cardiac Science

Excellence in Entrepreneurship Awards. Special Report

Getting Into the Swing of Things at Ruby's

Excellence in Entrepreneurship Awards. Special Report

President Republicrat

I'M HAVING A NIGHTMARE IN WHICH AL GORE IS PRESIDENT... Editorial by Rick Reiff

Wet Seal Adding Funky Cosmetic Touches to Stores

Marketing & Media by Jennifer Bellantonio

Defense Driving Local Contractors

Orange County's largest defense and aerospace contractors employ more than 20,000 people here working on everything from fighter jets to stronger cockpit doors on commercial planes.

Conexant Lands Modem Deal With China's Legend

QLogic's Anderson Takes Microsemi Seat; Axiom Buys Location Tracker Traxsis. TECHNOLOGY by Andrew Simons

EXECUTIVE SUMMARY

Weekly Column by Roger Bloom

ARGUS

Humor by Argus Hamilton

FIFI'S GUIDE, A to M

A Compendium of OC Restaurants Reviewed in Past Fifi's Best Sections.

CHRIS GARNIER: ALOHA SPIRIT IN THE KITCHEN

Chef of the Year Garnishes His Asian-European Fusion With an Island Ethic.

Lawsuits of OC's Rich and Famous

For the past week, Orange County's civic and charitable circles have been abuzz over a $50 million stock-fraud suit by prominent philanthropists against two even bigger philanthropists, Henry Nicholas and Henry Samueli, and their Broadcom Corp.

Here's a Good One: Lawyers Think Fees Too High

Residential Land Brokers Keeping Busy; OC Rated 37 of 61 on Office Costs. REAL ESTATE by Daniel D. Williams

PEOPLE

People in the News, on the Move

Odetics Inks Sale and Leaseback for Anaheim Headquarters Site

Anaheim-based Odetics Inc. has entered escrow on its headquarters site, 16 acres across the street from Disneyland.

Capital Group Staying Course for Irvine Site

Los Angeles-based The Capital Group Cos. said it's sticking with plans for a big Irvine office campus after a court setback on issues raised by a local environmental group.

Market Turns Developers Into Real Estate Buyers

Two of Orange County's familiar real estate names,John Parker and Erik Hansen,have teamed up.

INVESTING EFFORT

Excellence in Entrepreneurship Awards. Special Report AND THE WINNERS ARE ... - Daryl Carter, Capri Capital. - Jim Madden, Exult Inc. - Doug Cavanaugh, Ruby Restaurant Group. - Raymond Cohen, Cardiac Science Inc. - Matthew Stewart, National Service G

OC INSIDER

Weekly Column by Rick Reiff Sign On or Register now to view. It's FREE!

Real Estate Watch: North & Central Orange County

Demand for Industrial Space Seen Increasing

WHAT'S NEW

OC Debuts Are a Trip From Italy to Japan With a Stop in California.

A WORLD OF DINING

OC's Restaurant Scene Offers Cuisines From Every Almost Corner of the Globe.

Intersil May Move North as Part of Elantec Deal

Irvine's Intersil Corp. may have moved to Orange County just two years ago, but it could turn on its heels and leave.

Monday, March 11

JMG Holds Quarterly Seminars on Security Equipment

Fountain Valley-based JMG Security Systems offers quarterly seminars to introduce security decision-makers to new products.

Buena Park Mall Nearing Last Stages in $70M Makeover

Buena Park Mall,once left for dead in the county's changing retail landscape,is entering the final stages of a five-year, $70 million makeover.

ICN's Ribapharm Spinoff Could Be Near

The management team is in place. An initial stock price range has been set. Federal filings have been updated. The only question is when Costa Mesa-based ICN Pharmaceuticals Inc. finally will spin off Ribapharm Inc.

Trimedyne Sues Bigger, Troubled Rival Lumenis

Irvine-based surgical laser maker Trimedyne Inc. is suing Israel's Lumenis Ltd. alleging antitrust violations, patent infringement, trade libel and other charges.

ARGUS

Humor by Argus Hamilton

Electronic Security Sees Delayed Sept. 11 Bounce

Companies are taking a new look at electronic security as a rush to add guards after Sept. 11 proved too costly to maintain, industry officials say.

St. Jude Medical Center Plans $160M Expansion

St. Jude Medical Center in Fullerton plans to spend some $160 million in the next six to seven years expanding its North Harbor Boulevard campus to meet demand for service, new earthquake safety requirements and changes in how healthcare is delivered.

Real Estate Watch: Research and Development Space

Activity Picking Up in South OC

ViewSonic Gets Second Intel Investment

ViewSonic Corp., a Walnut-based maker of computer monitors and other display products, received an undisclosed amount of funding from Intel Corp.'s venture capital arm late last month.

EXECUTIVE BRIEFCASE: LOBBY HERO

Review of the Play, Lobby Hero, at the South Coast Reperatory Mainstage

Sept. 11 Fallout: OC Could See Loss of 27,000 Jobs

Orange County, with its reliance on tourism, could end up losing some 27,000 jobs as a result of Sept. 11, according to a recent study by The Milken Institute, a Santa Monica think tank.

JMG Uses Panasonic CCTV System for Staples Center Security Upgrades

Safety & Security: The Staples Center in downtown Los Angeles has security issues...

Dear FAA, THANKS FOR NOTHING.

Plus: Told You So ... Editorials by Rick Reiff

Tech Executives Tout Broadband as Telecoms Clash

Two prominent Orange County technology executives made the rounds in Washington, D.C., last week, talking up an issue they see as key to their future: nationwide broadband Internet access.

Ethnic Food in Grand Surroundings

EXECUTIVE DINING by Fifi Chao. Sign On or Register now to view. It's FREE!

Nearly Half of Small Businesses in State Say It's "Unfriendly"

Nearly half of California's small businesses believe the state is an unfriendly environment for them, but two-thirds expect to increase revenue and earnings this year.

Send in the Clowns

... (WITH APOLOGIES TO STEPHEN SONDHEIM) ... Lyrics by Rick Reiff

Exult Chief, Ruby's Founder, Other Entrepreneurs Honored

The founder of the 1940s-style Ruby's diner chain and the chief of a human resources service for big companies were among the honorees at the Business Journal's first Excellence in Entrepreneurship Awards held last week.

Telelogic's OC Unit Gets Government, Defense Pacts

EAgency Marketing with Blackberry; ESynch Adds Online Payments. TECHNOLOGY by Andrew Simons

PEOPLE

People on the move, in the news.

Slumping Surfwear Basks in Warm Winter

Warm weather in Southern California and elsewhere has been a pleasant surprise for surfwear makers and retailers facing an otherwise cloudy market for their wares.

Jostra Bentley Moving From Irvine to Texas

Jostra Bentley Corp., a cardiopulmonary unit of German medical device maker Jostra AG, is moving its headquarters and about 30 jobs from Irvine to The Woodlands, Texas.

Real Estate Deals

Weekly Column: Real Estate Sales and Leases

eCamSecure on the Leading Edge of Surveillance

Safety & Security: Security companies have been so inundated with calls demanding high-end security systems that existing projects are being put on the back burners to accommodate the immediate need.

BEYOND BANKING; Local BofA Head Eyes Mortgages, Investments

Bank of America Corp. veteran Tara Balfour has come back to Orange County with a decidedly different mission than her predecessors: growth

Amelio Advising Newport Beach Startup Net Toaster

Gil Amelio, one of Orange County's newest venture capitalists, has taken an office in Newport Beach startup Net Toaster Network Corp.

Panattoni's Irvine Arm Building Riverside Facility

Sares Regis Opens Latest Building; Aslan Buying, Upgrading Apartments. REAL ESTATE by Daniel D. Williams

Hotel Sales: Hilton Costa Mesa Changes Hands for $70M

Despite a fourth quarter standstill in tourist-related industries, hotel sales in Orange County in 2001 kept pace with the previous year ...

Krikorian Mounts Expansion on Former Edwards' Turf

George Krikorian says there's nothing wrong with the movie theater business. All those bankruptcy filings by the big boys just reflect expansion plans that went too far, too fast, he contends.

OC INSIDER: Times May Ax OC Editor Slot; Mossimo's Comeback

By Rick Reiff. Sign On or Register now to view. It's FREE

DGWB Lures Surfer Publisher to Head Youth Division

KCBS Offers Deals for OC Advertisers; Buy.com Debuts Magalog, or Is It Catazine? Marketing & Media by Jennifer Bellantonio

Rudin Negotiates $7M Investment by Riordan Lewis

Riordan, Lewis & Haden has invested $7 million in Santa Barbara-based Intri-Plex Technologies Inc. in a complex deal worked out by Murray Rudin, head of Riordan Lewis' Orange County office.

7th Annual JMG Security Systems Benefit Golf Tournament Set for May 15

JMG Security Systems' 7th Annual Benefit Golf Tournament will be held Wednesday, May 15, at the beautiful Mile Square Golf Course in Fountain Valley.

Workers Want Healthcare Control, But Only to a Point

Edwards Lifesciences Device Studied; Beckman Gets New Software Pact. HEALTHCARE by Vita Reed

Boeing Takes Space in OC to Support C-17

Chicago-based Boeing Co. said it is setting up a quick-response facility in Huntington Beach to produce spare parts for the company's C-17 Globemaster III transport plane.

THE INCREDIBLE SHRINKING DEALS

Big-Money Deals Dried Up in 2001, but Smaller Private Inventors Filled the Void

Best, Best & Krieger Plans OC Expansion

Riverside law firm Best, Best & Krieger is ramping up its Orange County operations, moving its Orange office to a bigger space in Irvine.

Monday, March 4

EXECUTIVE BRIEFCASE: Movie Review

JOHN Q - A New Line Cinema film. Directed by Nick Cassavetes. Starring Denzel Washington, Robert Duvall, James Woods, Anne Heche and Ray Liotta

Acacia Research Relocates to Newport Center

Technology investor and developer Acacia Research Corp. has relocated from Pasadena to Newport Beach, Chief Executive Paul Ryan said.

Real Estate Deals

Real Estate Sales and Leases

EXECUTIVE SUMMARY

Weekly News Summaries compiled by Roger Bloom

Hyundai's Account Olympics: Down to 10 Contestants

Temp Agency Reports Wind in Sail; Hilary Kaye Teaching Tattoo Removal

Chapman Pays $9M for Orange Industrial Park

Chapman University has paid $8.9 million for a nearly 200,000-square-foot Orange industrial park as part of the school's long-term expansion plans.

O.C. Insider: New NFL Rumor; OC Execs Recount Their 9/11 Roles

Weekly column by Rick Reiff. Sign on or Register now for FREE!

TCI Lands $9M For Grocery Push

Irvine-based TCI Solutions Inc., a maker of software and systems for grocery chains, has landed $9 million in funding, according to Chief Executive Lance Jacobs.

AFTER THE BOOM

Diversification Keeps Newport Afloat; Company Still Buying

Strapped for Land, OC Homebuilders Are Looking Up

Strong demand and scarcity of land has some Orange County homebuilders looking in a new direction: up.

Real Estate Watch: Manufacturing and Warehouse

Manufacturing Weakens; Warehousing Flat

Fullerton Orange Juice Plant Adding Shift, Hiring

Lake Wales, Fla.-based Citrus World Inc., maker of Florida's Natural and other juices, plans to start another shift at its Fullerton plant and add 10 people or so to its 80-person staff.

NextCard Bank Shut Down

Federal regulators have shut down the Internet bank of San Francisco-based NextCard Inc.

Fashion School Plans OC Campus Move

Los Angeles-based Fashion Institute of Design & Merchandising plans to move its Costa Mesa campus by midyear, according to a spokeswoman.

Comment: And Finally ...

Editorial by Rick Reiff

Hopkins Buys Valencia Land for Retail Projects

Abbey Co. Buys Back Stake; Equity Eyes More Apartment Deals

ARGUS

Humor by Argus Hamilton

People

People in the News

Clear Your Palate, Mamma Vessia's Back in Town

EXECUTIVE DINING by Fifi Chao. Sign On or Register now to read. It's FREE!

Irvine Company in Silicon Valley: Rent on Idle Space

In late 1997, with the memory of one of the most brutal recessions still fresh on their minds, Donald Bren and executives at The Irvine Company set out on a diversification bid they hoped would broaden them from their historical base in Orange County.

Snell & Wilmer Keeping Busy, Adds Three Attorneys

The Irvine office of Phoenix-based Snell & Wilmer LLP has added three lawyers to bring its county attorney roster to 49.

Report: Devices Nearly Half of OC Biomed Workers

Cardiac Sciences Eyes Public Agencies; Tenet Sites Getting Tech Upgrades

ON TARGET: Fullerton Set for Third Store As Retailer's Expansion Plays Out

Target Corp. plans to add its third store in the North County city by midyear, moving into a site formerly housing a Wards department store on Orangethorpe Avenue near Harbor Boulevard.

ENVIRONMENT: CLEANING UP

Special Report: Orange County environmental engineering companies saw robust growth in 2001, with billings at the 30 largest companies growing 16% to $437.5 million in 2001, according to the Business Journal's list.

UCI Wading Into Environmental Issues

A new player,or perhaps referee,has emerged in the environmental debates long dominated by citizen groups, developers and government agencies in Orange County.

Howrey Simon Expanding Securities Practice

Washington, D.C.- based Howrey Simon Arnold & White LLP plans to expand its securities litigation practice from a base in Orange County.