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Eagle Computer was a leading PC clone manufacturer in the early 1980s, selling 12,000 units monthly with strong IBM-compatible products like the Eagle PC 2, but the company collapsed by July 1986 despite its initial success and a $37 million IPO. While CEO Dennis Barnhart's death in a Ferrari crash on the company's IPO day in June 1983 is commonly cited as the reason for Eagle's decline, the article suggests there were deeper underlying factors contributing to the company's failure.
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