Wham-O origin story and toy hits from founders Melin and Kneer
Wham-O began with Melin and Kneer choosing a bold name. The Hula Hoop launched in 1958 selling 25 million in months and over 100 million in two years, while the Frisbee evolved from Pluto Platter after college kids tossed pie tins. The duo also rolled out Monster Magnet, Super Ball, and Silly String before selling Wham-O in 1983 to Kransco, then Mattel in 1994.
MENTIONED IN THIS ARTICLE
Melin
Kneer
Arcadia
Irvine
Richard Johnson
Melin and
New England College
Shout “Frisbee
Frisbee Baking Co
Bridgeport
Conn
Africa
United States
Wham-O
Kransco Group Inc
Mattel
Creative Fun
Wall Street
What is book value and is it a good measure
Book value is the accounting value from a balance sheet, calculated as shareholder equity divided by shares outstanding. It often underestimates modern firms driven by intangibles and services, while market value reflects cash and assets not on the balance sheet.
MENTIONED IN THIS ARTICLE
Karen Harris
Agile Raver
Alaska
Microsoft Corp
Microsoft
Mcrosoft
Steve Erickson
Columbia
Community Co op eyes survival with new computer system
The Meyers led Co op project to replace inventory with a point of sale system from Business Management Concepts. The nonprofit store, selling books at low prices to members, hopes faster stock turnover and improved service will offset competition from Borders and Barnes & Noble, amid a rise in anti trust action against large chains.
MENTIONED IN THIS ARTICLE
Japan
Coca Cola Co
Co-op
Meyers
Karen Long
Business Management Concepts
American Booksellers Association
Borders
Barnes & Noble
Judy Kohn
Kohn
GM North American production to plunge after strike
Ward's Automotive Reports notes GM will run only 2,800 vehicles a day in North America, an 88 percent drop from last June. Saturn in Spring Hill, Tennessee remains the only major plant, with a summer shutdown likely delaying any restart until mid July. Overall output fell 12.3 percent to 276,555 units as Ford and Chrysler led production, highlighting GM’s big impact on the week.
MENTIONED IN THIS ARTICLE
Ward
Saturn
Tenn
Michael Robinet
CSM Forecasting Inc
Flint Metal
Ford Motor Co
Chrysler Corp
Also Mentioned on This Page
Christopher Byrne
Toy Industry
Playthings Watch
Investor
Business Daily Insider
New York Stock Exchange
North Carolina Natural Gas Corp
Dick McSwain
Catawba NC
Cam
Lote
Nam
Pasade
Adhere Paper Co
Usave
Inducker Slim
Nas
Fice
Answer
John Deere & Co
Fool
Fool Com
Mx Fl
Motley Fool
Ameria
Karen Kirby
the Wellspring
Middle Ave
Elyria
Sisters of St. Joseph
Cleveland
Elyria-area
Karen
Long
Coop
Broadway Lorain
Bobel
Second
Yria
Cleveland Rd
Sandusky
Amherst
EPSON
Intel Corporation
OMX Inc
Copia
Omic
Everyda Towers
Yan
XEROX
Ismess
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!