Wang Laboratories Headquarters in Lowell, Massachusetts in 1992 (Photo AP/Townson)

Adventures with Wang Labs


Many years ago, WC attended a course on business valuation, the art of determining the fair price of a business. It’s more complicated than you’d believe. And fraught with risk. ┬áThat course came to mind as WC was sorting through old papers and came across a memo WC had written to the shareholders in his…