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Technology Stocks : IBM
IBM 300.46-0.9%Dec 18 3:59 PM EST

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To: J R KARY who wrote (3497)7/17/1998 10:32:00 AM
From: George W Daly, Jr.  Read Replies (2) of 8218
 
Jim,
Not to rain on your parade too much, but IBM has pulled out of
the Somerset design center (that designed that G3 chip). It is now
strictly a Motorola shop. Its not clear to me whether IBM will
manufacture future processors for Apple (if so I would guess it
will be based on pure profit/resource decision), but its very
clear we aren't going to design any more for them. That job goes
back to Motorola (albeit with a whole bunch of now ex-IBMers).

austin360.com:80/tech/stories/06june/12/12moto.htm

GW
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