The Pied Piper of kids' software
When Sally G. Narodick became CEO of Edmark Corp. in 1989, Edmark was a sleepy maker of special education materials, with sales of $2.5 million. She hired creative talent and pushed the company into kids' multimedia software for the home market. Edmark nearly doubled its sales, to $22.7 million...
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Veröffentlicht in: | Bloomberg businessweek (Online) 1995-08 (3436), p.70 |
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Format: | Magazinearticle |
Sprache: | eng |
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Online-Zugang: | Volltext |
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Zusammenfassung: | When Sally G. Narodick became CEO of Edmark Corp. in 1989, Edmark was a sleepy maker of special education materials, with sales of $2.5 million. She hired creative talent and pushed the company into kids' multimedia software for the home market. Edmark nearly doubled its sales, to $22.7 million, in the fiscal year ended June 30 and earned $2 million after losing money a year ago. The stock is sizzling: at nearly 50, it is trading at 5 times last October's 9 3/4. On July 18, the company announced plans for a 3-for-2 stock split and a secondary offering of 650,000 shares. |
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ISSN: | 0007-7135 2162-657X |