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Technology Stocks : Intel Corporation (INTC)

INTC 35.81

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3:59 PM EST

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To: Tony Viola who wrote (93091)	11/26/1999 10:42:00 PM
From: Mary Cluney	Read Replies (2) of 186894

Tony,>>>Two announcements are expected Monday:<<< AMD reminds me of another financially troubled company that made last ditch product rollouts and spectacular marketing efforts before going into bankruptcy. Remember Syquest. They made a high capacity removeable disc drive that had 5 times the capacity of then market leader for almost the same price. The spec sheets on that product were also quite spectacular - outperforming anything that was on the market at the time. The product according to a lot of the techies on SI was quite robust and had some nice (and advanced) features (like an on/off switch) and a shield that provided protection in hostile environment. Unfortunately they had clowns for management and many of the top talent abandoned ship early on. Needless to say the company had a spectacular run during the roll out period and enjoyed day trader favor. Not too long after a successful rollout, a succesful ad campaign, the company went bankrupt. I wonder if a case study of the Syquest story could be used to predict and prevent people from investing in companies that have clowns for management and are doomed to fail. Regards, Mary

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