Graham and Doddsville -- Value Investing In The New Era Message Board

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

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To: porcupine --''''> who wrote (1416)	3/4/1999 1:20:00 PM
From: porcupine --''''>	Read Replies (3) of 1722

eIBM --'''':> NEW YORK, March 4 (Reuters) - International Business Machines Corp. and Dell Computer Corp. are expected to announce a broad agreement that could generate significant revenue for IBM, the Wall Street Journal reported, citing people familiar with the matter. The computer giants are expected to announce the agreement at a news conference Thursday in New York City, people familiar with the matter told the newspaper. One person familiar with the matter told the newspaper the deal would involve billions of dollars in sales for IBM in the short term. Dell, the nation's second largest personal computer maker, could benefit from hiring IBM to support its customers with computer services, the paper said, citing industry officials. IBM's service business, which provides computer consulting and maintenance, has annual revenues of about $30 billion. The company has been contemplating a possible parternship in the personal computer arena, people familar with the inner-workings of IBM told the newspaper. (( New York Newsdesk 212 859-1700))

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