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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Seldom_Blue who wrote (21440)	3/26/2000 6:13:00 PM
From: Mathemagician	Read Replies (1) of 54805

If you think the legacy market is going away, think again. This question was addressed in the later report. Here is a more recent development. biz.yahoo.com "NEW YORK, March 23 (Reuters) - IBM (NYSE:IBM - news) said on Thursday its mainframe computers were purchased for the first time to support electronic markets in a wide range of industries, in a deal the world's top maker of computers said bodes well for its business in the fast-growing electronic commerce market. Commercequest, a privately held company that sets up online venues that enable multiple buyers and sellers to conduct business, said it bought two s390 mainframes from International Business Machines Corp. The initial five trading hubs that will use the mainframes are online procurement site ICG Commerce; AviEx, which exchanges airplane parts; chemicals traders e-Chemicals; plastics exchange PlasticsNet; and UIP, an online trader of insurance products. CommerceQuest and IBM said they planned to deliver 60 more such electronic marketplaces by the end of this year." M

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