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Technology Stocks : Data Dimensions
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To: Jumper who wrote (3368)10/23/1997 10:54:00 AM
From: nonzeroa  Read Replies (1) of 4571
 
Overview of Y2K promoters and IRS liens on DDIM equipment

pathfinder.com@@1WqzWAUAtSeuzJS*/fortune/magazine/1996/960819/sto.html

A link to this article was actually posted on this thread last year, but its so interesting I'd thought I'd repost. I especially liked " One CEO invited to make a pitch was Larry W. Martin of Data Dimensions. A 59-year-old software executive who had bounced around a dozen different companies, Martin took over Data Dimensions in 1990 with the help of two venture capitalists. It was a "body shop" back then, providing programmers who did grunt work on mainframes. Martin's efforts to turn it into something more interesting and profitable went nowhere--in the early 1990s, Data Dimensions shares sank to 25 cents. The IRS had liens on its equipment. The handful of employees still left worked on the last remaining account: Kaiser Permanente, the giant California HMO."

Back to the future?

Thanks Calculated Risk for posting the link on the ZITL thread.
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