Busy School Tie-Men Consider Selling Out Cash-Making Venture

The former Business School students who founded a prosperous tie company last year would like to sell it now. Gene C. Roberts 2B, their manager, reported this week that Stan Price and Jack MacKenzie, both M.B.A. '51, are sounding out people to buy out their enterprise. The two men are now out of the country.

In the meantime, the MacKenzie tie--a thin bow-tie--is being sold all over the country with New Haven stores about to start stocking it for Yale. Ten stores in Los Angeles and three in Texas carry the ties, about 12,000 of which have been sold.

The tie which received publicity in Life Magazine started when Price and MacKenzie were asked to analyze the operations of a business. They decided to establish a business of their own and "discovered" a void in the neckwear field.

Using cast-off material with students wives doing the sewing, the men launched their creation last spring. Since last June. Roberts has been handling all the work and will continue although he will be taking a full set of courses.