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Modem Pioneer Ends Operations (fwd)
Whoa... no more hayes...
-Taner
----- Forwarded message from aol.RADLER@com -----
From: aol.RADLER@com
Date: Wed, 6 Jan 1999 17:30:38 EST
To: pa-svi.comnet@org
Subject: Modem Pioneer Ends Operations
Reply-To: pa-svi.comnet@org
The end of an era! The company will survive only as a phrase "Hayes-compatible
commands."
MODEM PIONEER HAYES ENDS OPERATIONS, FIRES STAFF AFTER LONG SLIDE
Hayes Corp., once a leader in modem manufacturing, is ceasing operations
after a long, painful slide. Virtually all of its 250 employees were laid
off Monday, and the company will sell its assets. In October the company
filed for Chapter 11 bankruptcy. Dennis Hayes, who founded the company in
1978, resigned as Chairman in October. The company was once a leader in
analog modems.
[SOURCE: Wall Street Journal (B10), AUTHOR: WSJ Staff Reporter]
----- End forwarded message -----