Financial/Investor relations: Exabyte Makes Mammoth Impression on Wall Street

Second chances don't come easy in high-tech circles. Exabyte, a supplier of tape storage devices and network storage solutions, enjoyed a heyday after its first product
introduction and subsequent IPO in 1989. But as the race for newer, better technologies mounted, Exabyte was two years late in bringing its much-ballyhooed "Mammoth" tape drive to
market. This lag time allowed main competitor Quantum to move into the lead, gobbling up 80 percent market share in the space. Wall Street quickly lost faith in Exabyte's
viability, as did customers, partners and other key stakeholders.