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High gearing ( unable to pay liabilities)
fraud (which was the case in Enron).
Overtrading ( expanding operations too quickly)
1.Overtrading ( expanding operations too quickly)
2.High gearing ( unable to pay liabilities)
3. fraud (which was the case in Enron).
It's sad to see OCZ going because they've been one of the pioneers in the consumer SSD industry. They were one of the most active companies when we started to see the first consumer SSDs in2008/2009 but OCZ lost a ton of sales once Samsung and other major OEMs began to take the consumer SSD market seriously. It's hard to say what ultimately killed OCZ without knowing their exact cost structure but I believe it was a combination of bad strategy (too many products and high production volumes) and engineering choices (low reliability) along with other things.
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