Danny,
Re:Cmrc
Have you noticed how many companies are forming their own partnerships to provide B2B commerce for themselves?
That's a move to eliminate the Cmrc's of the world.
Detroit is doing the same. I believe in a couple of weeks they will make a decision.
If they choose Cmrc to be their partner ...that's a good sign...If they choose Oracle...that's a bad sign.
Larry Ellison says he wants to be the major B2B processor in the world.
>Bethesda, Maryland, May 2 (Bloomberg) -- Marriott International Inc., the biggest U.S. hotel company, and closely- held rival Hyatt Corp. agreed to create an online company that will sell hotel supplies.
The new business, expected to be located in the Washington D.C. area, expects to cut costs on products and services and make them easier to sell and buy. The companies estimate that hotels spend $50 billion annually on supplies and services.
Rivals in a variety of industries are agreeing to set up online shops and marketplaces to bring together customers and drive prices down.
Today, Alcoa Inc., Allegheny Technologies Inc. and six other metal makers agreed to set up an online marketplace to sell aluminum, copper and specialty metals such as nickel alloys. UAL Corp.'s United Airlines, AMR Corp.'s American Airlines, and other carriers said last week they are investing $50 million to create an Internet business exchange for aircraft supplies.
Marriott, based in Bethesda, Maryland, rose 1 to 33 yesterday. Its shares have fallen 21 percent over the past 12 months. Hyatt Corp. is owned by Chicago's Pritzker family.
May/02/2000 7:53 |
