| Business Summary | | Acorn
Holding
Corp.
is
a
holding
company
with
one
wholly
owned
subsidiary,
Recticon
Enterprises,
Inc.
(Reticon).
Recticon
manufactures
two-,
three-,
four-,
five-
and
six-inch
monocrystalline
silicon
wafers,
which
are
made
from
silicon
crystals
and
are
the
basic
substrate
from
which
integrated
circuits
and
other
semiconductor
devices
are
fabricated.
Recticon's
wafers
are
used
by
university
research
departments
and
microelectronic
manufacturers,
and
are
best
suited
for
use
in
electronics
devices
employed
in
avionics,
telecommunications
and
computers.
Recticon
has
10
functioning
Units
(furnaces
and
related
equipment).
These
Units
have
enabled
Recticon
to
enter
into
the
five-
and
six-inch
wafer
market
and,
subject
to
purchasing
additional
equipment,
give
it
the
capacity
to
enter
into
the
eight-inch
market. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Acorn
Holding
Corp.
is
a
holding
Company
with
one
subsidiary,
Recticon
Enterprises
(which
manufactures
monocrystalline
silicon
wafers).
The
purpose
of
the
Company
is
to
derive
earnings
from
Recticon
and
possibly
other
businesses.
For
the
six
months
ended
6/30/01,
revenues
rose
6%
to
$3.7
million.
Net
income
declined
36%
to
$107
thousand.
Revenues
benefited
from
increased
income
from
wafer
sales.
Net
income
was
offset
by
a
lower
gross
profit
margin. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Stephen Ollendorff, 61 Chairman,
CEO, and Sec. | $251K | Edward Epstein, 59 Pres,
COO | 216K | Robert Freeman, 65 Pres
and CEO of Recticon Enterprises, Inc. | 253K | Larry Unterbrink, 65 Treasurer | -- | Dollar
amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|