John Mulqueen

When Michael Potts wanted to kick off a campaign to reward the employee who made the biggest contribution to Jacada this year, he tooled into the assembly hall on a Harley-Davidson Hog, dressed from head to toe like a biker in leather gear. Not content with that piece of showmanship, Potts, who is president of […]

The aftershock from the financial market explosion will topple scores of venture capital firms this year and for years to come, according to industry executives, who also predict investment could fall 50 percent this year and the industry overall will have negative returns for 2001. Even the stronger funds are investing less money in fewer […]

It does not always pay to be the messenger. Just ask Comtex News Network. Comtex aggregates business and financial news from 70 worldwide sources and 50 partners, and resells that information to 700 customers. The information ultimately gets used on some 1,100 Web sites. As of Dec. 30, 2000, Comtex had been profitable for 19 […]

Global Crossing has one of the flashiest histories in the telecommunications industry. Now, Wall Street is asking top managers to make sure the long-haul carrier isnt just another flash in the pan. Its founder, Gary Winnick, made history in the 1980s as one of Michael Milkens leading bond traders. Winnicks brainstorm to build a worldwide […]

Ask Rick Malone a question and his partner of 15 years, Rosemary Corcoran, will probably answer it. Or vice versa. The two, who own and run Vertical Systems Group, one of the most reliable sources of information about the networking market, have been together so long that it doesnt seem to matter which one of […]

Veteran telecom executive Robert Annunziata is placing his latest bet on making it easier for carriers to get service up and running for their customers. Annunziata now chairs Coreon, a start-up flush with $200 million in venture capital funding garnered in two rounds of funding. The company is preparing to deliver back-office service provisioning, ordering […]

Day trading is getting cheaper. Tradescape, a leading day-trading firm, has begun paying its retail customers one penny per share for certain orders that are placed and executed over its electronic trading network, MarketXT. The move was meant to boost revenue and build network traffic, company officials said. If a customer trades 1,000 shares, he […]

Its not news that venture capitalists are watching their checkbooks like a mother guarding her firstborn. Yet, while some executives recognize the dangers of investing, they also see the opportunity. Take Gerry Smith, founder and chief executive of Toronto software maker Changepoint. He knows of companies that raised $40 million from leading venture capitalists and […]

Profits are coming hard to telecom carriers, with voice revenue shrinking and data not yet taking up the slack, but theyre still buying optical equipment at a frenzied pace. Thats very good news to optical equipment makers, which continue to post impressive revenues. Ciena and Sycamore Networks last week continued a monthlong parade of record […]

The dominant enterprise router and switch vendor, Cisco Systems, will have to field new optical and other products to return to the hyper growth rates of recent years. After Ciscos disappointing second-quarter earnings announcement, analysts said the company would be at the mercy of general economic conditions, the capital markets and competitors with optical networking […]

A lot of people have advisers to help them invest their money. Some may have more than one: an accountant, a lawyer, a broker or two. Not many have a company, but Terrence Matthews, founder of Mitel and Newbridge Networks, has 21 professionals looking after only a small part of his wealth. They work at […]

With the economic downturn, so-called “Vulture capitalists” are snapping up Internet companies for pennies on the dollar. Plurimi, a San Francisco company that makes Web-based electricity monitoring products, was recently a target. “They have first-rate management, with the right technology at the right time in the right place, but they cant raise the $1 million […]