1970

Folks, please understand (that I compose these columns on the typewriter I bought during freshman week at the Dartmouth Bookstore. Then, with that in mind, please appreciate that this month's report opens with news way out of my time and space—namely the latest in the saga of T.J. Rodgers and Cypress Semiconductor.

It seems that Cypress has recently downsized so as to upsize, along with many others in the battered Silicon Valley. As a result of the consolidation and sale of several subsidiary units, Cypress positioned itself to top $100 million in quarterly sales for the first time early in 1994. The company's current fortunes are significantly tied to the market for speedy static random-access memory chips, or SCRAMs, for the newest generation of PCs. Faster and smaller and smarter—you know.

T.J. has also joined the board of C-Cube Microsystems, a manufacturer of integrated circuits that compress digital video and still images, and he believes that this presents a "great opportunity to contribute to another Silicon success story." T.J. is definitely a force with whom to contend in the industry, in spite of the business-magazine cover-boy image he enjoyed in the early 1980s.

The governor of New Hampshire has been kind enough to inform us that Terry Shumaker was appointed to the New Hampshire National and Community Service Executive Board. The board is primarily responsible for overseeing President Clinton's National Service Initiative, in which our youth can earn college funds by working at community-service jobs. Not "to be outdone by the governor, the press secretary at the White House subsequently informed us that Terry has also been appointed to the National Commission for Employment Policy. This commission advises the President and Congress on national employment issues.

Terry is a partner and former president of the Concord law firm of Gallagher, Callahan & Gartrell, and he promises his clients he "will continue his fulltime labor and employmen trelations practice with the firm while serving" on all those boards and commissions. Good luck, Terry, and we hope the Republicans running the government these days will have the smarts to listen up.

Bill Flaherty was named CFO at Gibson Greetings Inc. late in 1993. Bill had been looking to return to manufacturing following a stint with FMR Corp., the parent company of Fidelity Investment Group. Prior to Fidelity Bill worked at James River Corp and E.I. DuPont de Nemours & Cos. Gibson is the nation's third largest greeting-card manufacturer, and Bill looks with enthusiasm to aggressive international expansion. At last report Bill was planning to move with his wife, Ilene, and three teenage children to Cincinnati.

Those of you contemplating early retirement in the Hanover area will be pleased to know that one of our own is now available to look after your savings. Rod Thomas has been named senior vice president and senior trust officer of the Trust Department of Ledyard National Bank. This means Rod will be moving across the river from the First Vermont Bank, where he labored for the last 14 years. Rod promises to hold open a limited block of appointment slots to interview you and your money immediately before and after (but not during) Reunion 25, so call him soon.

And that of course brings us to the reunion. Please be sure to give Star Johnson and others on the committee your timely support as they plan this massive event. The level of enthusiasm building behind reunion weekend is incredible already, I can assure you, so plan to be with us all over the long weekend of June 15-18 next summer.

P.O. Box 3934, Modesto, CA 95352-3934