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GOLDSEA | ASIAN AMERICAN RAGS-TO-RICHES SAGAS

RICHES FROM RAGS

PAGE 7 OF 15

     Laughingly, he also tells of the time the five Mow boys found themselves at home with only four pairs of undershorts among them. They decided that whoever washed a pair of shorts would get to wear them.

     He didn't try to hide his family's plight from his classmates. As captain of the soccer team in his senior year, whenever the team won a match, he took his teammates for dinner at the Yangtse River Cafe, on the house. Asked why he didn't have his teammates pay for the meals, Mow says, "I couldn't do that. I was the hero, the all-city center forward." Mow's soccer successes didn't hurt his standing at Riverdale, one measure of which is the fact that in his senior year his best friend was the captain of the football team.

     During his first four years at Riverdale Mow was the only Asian. Of racism Mow recalls only isolated instances and is quick to dismiss them, saying, "Kids can be cruel." To this day he refuses to accept minority awards because he refuses to see himself as a member of a disadvantaged minority.

     Thanks to his intense discipline Mow consistently earned a B+ average during his six years at Riverdale despite the hardships even though he was far more interested in soccer than in his studies, with the possible exception of math at which he excelled.

     After graduating in 1955, Mow went to Rensselauer Polytechnic Institute, the country's oldest engineering school. Evenings and weekends still belonged to the Yangtse River Cafe. At a Chinese Catholic Students' social he met a girl from Taiwan named Margarita Liu. They married two years later in 1959, the year he got his B.S. in electrical engineering. Genevieve was born in 1961, after Mow received his master's from Brooklyn Polytechnic.

     For the next two years he worked as a research associate for the Institute's microwave department. In 1963 he went to work for Honeywell's data processing division as a senior logic engineer. There Mow learned about integrated circuits. Kathy was born in 1964 while he was at Honeywell.

     The next year Mow began teaching part-time as an instructor at Purdue while working toward a PhD which he received in 1967. To this day his BBI employees address him as "Dr Mow", something of an anomaly in one of the business world's least intellectual industries. For the next two years after the PhD Mow worked as a program manager at Litton's guidance and control division. There he became excited by the promise of large-scale integration technology which was being explored for application to the aerospace industry. At around that time Wall Street experienced a collapse in the value of defense conglomerates. In 1969 Litton's shares plunged from $120 a share to less than $12.

     Knowing that pink slips were imminent, Mow typed up a prospectus outlining the feasability of starting a company to build equipment necessary for developing large-scale integrations of metal oxide semiconductors, computer chips. His stockbroker located some prospective investors and Mow made five presentations. Four investors offered to back the plan. The key to its acceptance, Mow says, was honesty. "They knew I wasn't a businessman. They wanted to back me because they believed me." Mow gave 50% to an investor willing to provide $500,000 in capital and $1.5 million in loans, and Macrodata was born.

     The company was located in Woodland Hills, California. "When we started I didn't know the difference between cash flow and P&L," Mow says. He concentrated on developing the technology, leaving the financial aspects of the business to the investor. PAGE 8

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“They knew I wasn't a businessman. They wanted to back me because they believed me.”




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