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Jim Farooquee

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BUSINESS
March 13, 1989 | David Olmos, Times staff writer
When Jim Farooquee came to the United States from Pakistan 13 years ago, he carried with him $40 and a civil engineering degree from Karachi Technical College. What he lacked in financial resources, however, he more than made up for with a determination to succeed. After first making his way selling insurance and carpets, Farooquee saw an opportunity to strike out on his own when International Business Machines Corp. introduced its first personal computers in 1981.
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BUSINESS
October 4, 1992 | DEAN TAKAHASHI, TIMES STAFF WRITER
Something went terribly wrong on the way to the computer systems market. Jamshed (Jim) Farooquee, chief executive of CMS Enhancements Inc., in Irvine knows that all too well. A failed joint venture and other ills have cost his company $17 million in losses for the past two years and forced him to lay off more than 350 employees.
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BUSINESS
August 9, 1991
Scores of companies sprouted in Orange County during the 1980s after the introduction of the International Business Machines personal computer--a machine that changed the way many of us work and live. This week marks the 10th anniversary of the IBM PC, and several Orange County computer executives were asked to reflect on the machine's past and present impact: Jim Farooquee Chief executive of CMS Enhancements, Irvine, maker of computer enhancements and computer-marketing firm.
BUSINESS
August 9, 1991
Scores of companies sprouted in Orange County during the 1980s after the introduction of the International Business Machines personal computer--a machine that changed the way many of us work and live. This week marks the 10th anniversary of the IBM PC, and several Orange County computer executives were asked to reflect on the machine's past and present impact: Jim Farooquee Chief executive of CMS Enhancements, Irvine, maker of computer enhancements and computer-marketing firm.
BUSINESS
October 4, 1992 | DEAN TAKAHASHI, TIMES STAFF WRITER
Something went terribly wrong on the way to the computer systems market. Jamshed (Jim) Farooquee, chief executive of CMS Enhancements Inc., in Irvine knows that all too well. A failed joint venture and other ills have cost his company $17 million in losses for the past two years and forced him to lay off more than 350 employees.
BUSINESS
May 17, 1992 | TED JOHNSON, SPECIAL TO THE TIMES
For many Orange County executives, 1991 was a year when their pay packages came under greater shareholder scrutiny and corporate boards were cautious in handing out cash bonuses and perks. It mirrored a trend statewide of keeping executive compensation in line with a company's financial performance. Of the top 100 county executives on the list of publicly traded companies, one-third of the officers saw their cash compensation remain unchanged or had it reduced.
BUSINESS
June 2, 1987
Shareholders of Tustin-based CMS Enhancements Inc. have approved reincorporation of the computer products company in Delaware and have approved a reduction of the company's common shares outstanding on a 7-1 basis. Jim Farooquee, CMS president, said the reincorporation will enable the company to indemnify directors from certain types of liability. The reduction in the number of shares outstanding to 7.34 million will enable CMS stock to be traded on the National Assn.
BUSINESS
May 14, 1987
CMS Enhancements, a Tustin computer peripherals manufacturer, said it has appointed Frederick L. Judd, 29, to the newly-created position of chief financial officer and treasurer. An attorney and certified public accountant, Judd joins the computer firm after serving about a year as chief financial officer of Santa Ana-based Donny Osmond Entertainment Corp., said Jim Farooquee , CMS Enhancement's president and chief financial officer.
BUSINESS
March 13, 1989 | David Olmos, Times staff writer
When Jim Farooquee came to the United States from Pakistan 13 years ago, he carried with him $40 and a civil engineering degree from Karachi Technical College. What he lacked in financial resources, however, he more than made up for with a determination to succeed. After first making his way selling insurance and carpets, Farooquee saw an opportunity to strike out on his own when International Business Machines Corp. introduced its first personal computers in 1981.
BUSINESS
October 8, 1986
In the first earnings report since its reverse acquisition in April, Electro Funds Corp. and its wholly owned subsidiary Complete Management Systems reported net earnings for the year of $1 million, up from $120,122 for the prior year. Revenues for the year also rose to $41.1 million from $10.3 million in 1985.
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