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Technology Stocks : Microdyne (MCDY)

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To: Gus who wrote (324)11/19/1997 10:45:00 PM
From: Dave Johnson  Read Replies (1) of 414
 
Microdyne produced for Intel 10/100 Nics for ISA. They are still
selling 3-5000 cards per month out of Intel so the product is not
yet dead! Intel bought a small amount of inventory and the licenses
to build the product. Microdyne gave all of the documents and drawings to Intel. Microdyne is now out of the 10/100 business.

Keep in mind there may be more deals (product line sales) to come.
They were cooking when I left. We shut the facility down (NPD) and auctioned everything off on October 16th.

I think the positive thing we got out of this is that the news
release showed up on the Intel News listing and some big money
found MCDY today. I hope they don't sell tomorrow!

Dave
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