2850 W. Golf. Rd., Rolling Meadows 60008; 708-439-4444
COMPANY
Founded: 1991
Year-end: Dec. 31
Employees: 1,700; 400 in Illinois
Foreign sales: 10 percent of $553.5 million
Stock 365 day close
High: $38.50
Low: $15.00
April 28: $24.75
April 1, 1995 value of $1,000 in company stock
Purchased 1994: $1,207.55
Purchased 1990: N.A.
CHIEF EXECUTIVE
John M. Egan, 47, since 1980
Cash compensation: $826,869, up 13 percent
Options granted in 1994: None; $2,195,524 in 1993
Options, stock appreciation rights exercised in 1994: None
Shares owned: 119,184 of 22.1 million
Restricted stock: None
Antec calls the products it makes the “gravel” of the information superhighway-fiber-optic lines, coaxial cable and laser transmitters which allow information to flow from one end of the highway to the other.
Sales were up 29 percent from 1993. The company acquired four companies in 1994 and opened a technology center in Atlanta. Each move is part of Antec’s strategy of providing products and services to help telephone and cable companies upgrade their networks in preparation for a time when telephone, cable TV and all other communications services will come over one line.
The company, 30 percent owned by Samuel Zell’s Itel Corp. opened offices in Beijing, Hong Kong and Singapore in 1994, expanding foreign operations to 11 countries.
———-
The Tribune’s business reporting staff profiles the Chicago area’s Top 100 companies, based on market capitalization as of April 28, 1995.
The information in the profiles was obtained from the following sources:
– Company reports, including annual reports, public stock offering prospectuses and proxy statements.
– Interviews with company officials.
– Reports by securities analysts.
– News reports.
– Dow Jones News/Retrieval, an on-line service of Dow Jones & Co., New York.
– Bloomberg Business News, New York.
– TMS Stocks, a subsidiary of Tribune Media Services Inc., a unit of Tribune Co., Chicago.
– Morningstar Inc., Chicago.
– “First Chicago Guide,” published by Scholl Communications, Deerfield.
– “Hoover’s Handbook,” The Reference Press Inc., Austin, Texas.
Each profile includes the 365-day high, low and April 28, 1995, closing stock price for the company. Theoretical total-return investment results for shares purchased for $1,000 a year ago and five years ago also are shown. The date on which those calculations are based is April 1. The results assume reinvestment of dividends on a quarterly basis.
Each profile includes the chief executive’s cash compensation, including bonus and other compensation paid in 1994, along with the change from the prior year. The figure for the CEO’s stock holdings includes shares the CEO had the right to acquire within 60 days of the proxy statement’s issuance.
