Miniscribe

Essay specific features

 

Issue:

Business

 

Written by:

Matthew D

 

Date added:

August 1, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

6 / 1472

 

Was viewed:

2748 times

 

Rating of current essay:

 
Essay content:

In 1983 the company went public for $11.50 a share. As soon as it went public, new entrants into the market and the decline in consumer demand for personal computers had caused the market to decline. Miniscribe was on the verge of going down with many other companies that could not make it through the economic slump...
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During 1985 an investment banker, Hambrecht and Quist, invested 20 million into the company helping turn the company’s fortunes around. The new chairman, Mr. Q.T. Wiles, brought in his own team and placed them in key positions to install new policies and procedures to get the company under his control...
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