Word: hwang
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Since there is no public market for these stocks until the offering, the entrepreneurs behind the ventures have no accurate yardstick for measuring what they, or their companies, are worth. Finding out is likely to be a pleasant experience for K. Philip Hwang, 46, chairman of Tele Video Systems Inc., and Allen Paulson, 60, chairman of Gulfstream Aerospace Corp. Their companies are among the 145 now in registration with the Securities and Exchange Commission for first-time offerings. Preliminary prospectuses show that, at the prices anticipated by the underwriters, Hwang and Paulson will soon be worth about half a billion...
Just 15 years ago, Hwang was sweeping floors at a Lake Tahoe casino to make ends meet while earning his engineering degree. A native of North Korea who fled to the south during the Korean War, Hwang served in the South Korean army before coming to the U.S. In 1976, when he started TeleVideo in his northern California garage, he had trouble finding backers. Some friends chipped in enough to keep him going after he won a small contract to supply Atari with video monitors for its electronic games...
Many young risk takers regard their accumulated wealth as a yardstick of success rather than as an end in itself. K.P. (Phil) Hwang, 45, emigrated from Korea in the early '60s and worked as a busboy and waiter while attending Utah State University. In 1975 he used $9,000 in family savings to found Tele Video Systems, a company that makes computer screens and keyboards. Although Hwang is now a multimillionaire, he says that his wife still fusses over utility bills and turns down the thermostat at home...
...largest slums. The hunger and diseases that used to snuff out the lives of thousands of infants annually during the 1930s have gone. But so have the sin and the aura of intrigue and the giddy opulence. The once-imposing semicircle of banks and commercial houses along the Hwang Pu River only dimly reflects the day when Western tycoons lounged in the lobby of the Cathay (now Peace) Hotel or wheeled around in bulletproof cars...
...Hwang Jini, the most celebrated courtesan of 16th century Korea, composed dozens of exquisite love songs in sijo...