In March, 1999, when Brad Sobel was preparing to launch eHobbies.com, timing was everything. The Santa Monica (Calif.)-based e-commerce site for hobbyists needed to be up and running in just 90 days. So Sobel hired an application-service provider (ASP). Pandesic LLC seemed to have it all: servers to host the Web site and software to process customer orders, ship products, and manage inventory. What's more, as a joint venture of Intel Corp. and the U.S. arm of German software giant SAP, Pandesic actually seemed to have legs.
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