[DeTomaso] Radar Detector Survey

[clay willmott]

I am still in Cincinnati and Jim Jaeger (Prev CEO of Cincinnati Microwave) has a fleet of exotic cars and a few months ago his home burned down and I suspect many of his cars were torched :(
It was a multi-million dollar home and previously owned by the Kroger family in Indian Hills, Cincinnati.
I am sure many of his more valuable cars were off site but still very sad and he apparently is a very nice guy and his son is attempting Indy Pro series per the newspapers-I dont know either of them but was giving follow up on Cincinnati Microwave.  He and wife were ok.
Apparently it caught fire while after some guys stripped paint with a heat gun upstairs right before he was having a corvette meeting for an upcoming event as several guys were on the way to his house and found it ablaze.  
 
CW> Date: Thu, 5 Jun 2008 13:19:07 -0500> From: daniel.c.jones2 at gmail.com> To: detomaso at realbig.com> Subject: Re: [DeTomaso] Radar Detector Survey> > I grew up in Ohio and remember Cincinnati Microwave well. Mike Valetine and> his father founded Cincinnati Microwave in 1976. Valentine was an electrical> engineer from the University of Cincinnati. My senior year at UC, I was> awarded a $300 cash stipend (for outstanding aerospace senior) which I> promptly took to Cincinnati Microwave and purchased one the early Passport> detectors for $299.95 (I had to pay Ohio sales tax so I didn't even have> a nickel leftover). CM's facility was posh with workout rooms and racquetball> courts for the employees. You could tell a lot of auto enthisiasts worked> at the place as the parking lot was full of interesting cars, including the> first Renault R5 Turbo II I'd ever seen (my college roommate at the time> happened to drive a Renault LeCar which was a POS but the mid-engine R5> Turbo II was a completely different beast). What happenned later is a> business school case study. CM was a privately held company and was tops> in its field with 30+% profit margins. They decided to go public and used> most of the IPO money to pay off a loan used to buy out shares owned by> Valentine. The IPO alerted the Japanese and Taiwanese to a lucrative> consumer electronics market with big profit margins and within a few years> the market was flooded with new, lower cost, competitors. CM attempted to> diversify into cordles phones and the television satellite receiver market> but the very day their satellite service was launched, the networks began> scrambling their signal. Lifting of the 55 MPH national speed limit hurt> the ailing company and investors pulled out, fearing the Feds would outlaw> detectors. CM employees learned the company was closing its doors on Feb. 14,> 1997, which the employees dubbed the "Valentine's Day Massacre." The posh CM> facility was torn down and last I heard was the site of a Home depot. The> day after CM's bankruptcy was finalized, Escort was in business, consisting> mainly of former CM employees. Valentine started his own detector company> and both he and Escort remain in business.> > The connector in my Passport 4600 has lost it's tension and I was about> to call Escort them to get a replacement part but it looks like the market> has changed in the last few years. Get a load of this model:> > http://www.escortradar.com/9500ci.htm> > $1600 for the ultimate in remote radar and laser protection.> > Dan Jones> _______________________________________________> > Detomaso Forum Managed by POCA> > Archive Search Engine Now Available at http://www.realbig.com/detomaso/> > DeTomaso mailing list> DeTomaso at list.realbig.com> http://list.realbig.com/mailman/listinfo/detomaso
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