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Strategies & Market Trends : Graham and Doddsville -- Value Investing In The New Era

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To: porcupine --''''> who wrote ()8/26/1999 11:27:00 PM
From: porcupine --''''>   of 1722
 
As predicted: e-GM

GENERAL MOTORS CORP. confirmed forming a new business group
focused on Internet commerce, called e-GM. As reported in
Tuesday's The Wall Street Journal, General Motors plans to move
its disparate Internet ventures under one organization in a
move seen as signaling the company's resolve to take its
Internet initiatives out of the experimental stage and to make
them a core part of its business strategy. General Motors said
e-GM will leverage existing Internet operations such as OnStar,
electronic commerce services and service parts operations while
laying groundwork for future electronic commerce initiatives.
(Dow Jones)
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