Word: hambrecht
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Underscoring the costs involved, David H. McCallum, co-head of the investment banking division at Hambrecht and Quist, said it costs approximately $1 billion to form a Fully Integrated Pharmaceutical Company (FIPCO). FIPCOs are companies which participate in both basic research and product distribution...
...some 800 bonded wineries, and the industry employs nearly 120,000 people. Last year California winemaking generated $6 billion in retail sales. This year wine sales nationwide are flat, but vintners argue that while people may be drinking less, they're drinking better. According to a survey by Hambrecht & Quist, a San Francisco investment firm, sales of California's premium wines have increased an average of 19.6% a year over the past five years. At the peak of the scale, California's ultra-premiums command prices that come close to matching those of Europe's best. Diamond Creek's tannic...
...Luis Obispo's Martin Bros. are among winemakers who have planted such Italian varietals as Nebbiolo and Sangiovese; Tancer intends to blend his Sangiovese with Cabernet or Merlot in new proprietary wines similar to ones being produced in Tuscany. There is a certain irony here. Investment banker William Hambrecht, who sells the Zinfandel grapes from his Sonoma ranch to Ridge Vineyards, notes that many of these newly fashionable varietals were first planted in California at the century's turn by Italian immigrants for their homemade table wines...
...marketplace. Now Sun is crowding Digital Equipment, a company 25 years its senior and more than six times its size. This year, as Sun approaches $2 billion in annual sales, even IBM can no longer ignore its rise. Says Robert Herwick, who follows the industry for the investment firm Hambrecht & Quist: "Clearly, Sun is the answer to a question...
...indicted to see you all here tonight," quipped Pat McBaine, an executive vice president of Hambrecht & Quist, the San Francisco investment firm. His pun had a certain appropriateness. By way of a theme party, McBaine's company had invited some 600 members of the financial community to share in the unique feeling of being an illegal insider trader. Or almost. The guests were transported by boat to Alcatraz, the inactive island penitentiary in San Francisco Bay. There, while 25 actors dressed as convicts and jail guards capered around them, the temporary inmates supped on roast quail with lime sauce...