© 2008 MGI RESEARCH, LLC
SEPTEMBER 15th, 2008
WHAT IS THE IMPACT OF LEHMAN BROTHERS BANCRUPTCY ON THE TECHNOLOGY SECTOR?
Summary: Today’s filing by Lehman for Chapter 11 bankruptcy further highlights how the economic meltdown in the financial services industry will translate into significant demand destruction for technology providers. Tech market is entering a new phase where the toxic effect of bankruptcies and mergers in finance spreads from a few companies to industry as a whole and makes all tech companies vulnerable regardless of size.