Tagged: stocks

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October 9, 1998: Hayes Microcomputer Filed Chapter 11

1998 – We all remember the modem, right? Dial into the internet through an ISP? Some of you may still have that technology, but if you have dealt with modems for a while, you remember Hayes. The Hayes corporation was pretty big back in the day – giving your Apple II connectivity to the world. Well, that is until 1998 when it’s course ran out. Stocks went from $12 a share, down to almost nothing. Hayes had no choice but to file for bankruptcy. Zoom Technologies (now called (Zoom Telephonics) bought the company out in 1999. This Day in Tech...

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October 6, 1997: Michael Dell Says I’d Shut Apple Down

1997 – Gil Amelio just was just removed as CEO of Apple. People were calling for Steve Jobs to return, but others thought that would be a bad investment. At a Garner Symposium, Michael Dell was asked what he would do with Apple. He came back in saying: “I’d shut it down and give the money back to the shareholders.” – Michael Dell Had Apple done that, we might see a completely different market out there. Then again, we might just see the OS X as the NeXT OS on a regular PC – with NeXTpods and NeXTpad (instead of...

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