Title: Miniscribe

Essay Details

Subject: Business
Author: Joseph T
Date: June 30, 2014
Level: University
Grade: A
Length: 5 / 1472
No of views: 0
Essay rating: good 0, average 0, bad 0 (total score: 0)

Essay text:

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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