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TRANSITRON ELECTRONIC CORP. (Wakefield, Mass.)--all degree levels in EE, physics, engin. physics and metallurgy--for design, R&D and sales engin. position. Seniors sign up at 54 Dunster St., grads at Pierce...
...David Bakalar, chairman and president of Transitron Electronic Corp. of Wakefield, Mass., have run up a stock fortune of $307 million (another $34.4 million has been realized in cash) on an initial investment of $200,000 made by Leo, 47, a plastics manufacturer at the time. The investment was backing for an improved gold-bonded diode developed by David, 35, who has a Ph.D. from M.I.T. Since then, the company has grabbed 10% of the semiconductor market (second among independents only to Tex as Instruments), last fiscal year ran up sales of $30.9 million, which the Bakalar brothers expect...
...Goal: More Growth. The Bakalar brothers run their three plants, which employ 4,300 workers, with an informal touch. In their rambling Wakefield, Mass, headquarters, which was once an underwear mill, the Bakalars share a secretary, avoid written memos, and do most of their business in corridor conferences with staff members. Decisions by Leo, 46, who serves as treasurer and chairman, and David, 34, who is president, have equal power. To justify the price of Transitron's stock (now selling at a steep 45 times projected 1960 earnings) the company is expected to diversify, use the 2.1 million shares...
...RICHARDSON Wakefield...
...DAVID D. WAKEFIELD Chatham...