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Spectranetics Corp., a medical device company based in Colorado Springs, has agreed in principle to pay $8.5 million to settle a securities class-action suit against the company and several of its current and former officers and directors. The publicly traded company this morning also said it was ready to settle a stockholder derivative case naming… Continue Reading Spectranetics to pay $8.5 million to settle securities suits

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You’ve got a dozen or more old computers, keyboards and monitors in the storage room, and you can’t just toss them in the dumpster because it’s against the law – they’re full of dangerous chemicals and metals. So who are you going to call? Try Better Environment Through Technology Recycling. BETTR, as it calls itself,… Continue Reading Two-day recycling fair for old electronic equipment planned

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Just 18 months ago, the Colorado Springs market was flush with telecommunications providers, but something went awry. The fledgling companies started falling by the webside. One of the survivors is Vanion Corp. Why did Vanion succeed when so many others did not? And now, even as other technology companies announce cutbacks, Vanion has announced plans… Continue Reading CO company prospers despite telecom downturn

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Commentary: The small business paradox

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Among the many reasons budding entrepreneurs start their small businesses is to gain a level of control over their product or service that can’t be found in the larger corporate environment, and to generate financial independence and schedule flexibility. Once the new venture begins to gain success, the paradox introduces itself. The challenge of managing… Continue Reading Commentary: The small business paradox

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As the dot.com and technology sectors recover from last year’s blow to the economic solar plexus, thousands of students enrolled in computer science and IT courses – along with seasoned industry professionals – faced diminishing job prospects. Fortunately, an entrepreneurial young woman with experience on the job at Digital Equipment Corporation, Quantum Corporation, and later… Continue Reading New co. gives IT students real-world experience

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Some spin-off companies forfeit free-flowing communication and access to the parent company’s resources. Wall Street giants like AT&T, Hewlett Packard and 3-M Corporation have spawned struggling stand-alone enterprises like Lucent, Agilent and Imation. Fortunately other new generation firms continue to work well with their parent companies. Witness Colorado DataScapes, a privately-held Colorado Springs operation. With… Continue Reading Colorado Datascapes: Spin-off software developer marks third year

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