IBM Message Board - Msg: 9568361

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Technology Stocks : IBM

IBM 304.14

+2.2%

Nov 24 3:59 PM EST

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To: Dick Brown who wrote (5209)	5/17/1999 3:24:00 PM
From: J R KARY	Read Replies (1) of 8218

Why buy the DELLcow when the profitmilk is free ? Buy some LG Electronics Seemed strange when LVG went to Korea and Taiwan a while back to visit IBM's newly contracted low cost PC assembly sites . You know whuut ? here's whuut , LVG co-owns a factory with IBM in Korea . Yup ... it's known as LG IBM: " LG IBM, Kolon Data to Expand Business Partnership May 11, 1999 (SEOUL) -- LG IBM and Kolon Data Communication Co., Ltd. forged a strategic alliance to expand their partnership in production and distribution of computers and printers. Under the contract, both companies will jointly offer a new computer, called Netfinity Millennium, for the nation's small- and medium-sized companies to serve as a main information network. " nikkeibp.asiabiztech.com Unless of course the LG stands for LG Electronics , which it does , and probably the main reason DELL jumped at the IBM supply contract . LG Electronics is a low cost assembler with worldwide distribution locations , but it looks like it is limiting its marketing to Korea . Breathe easy DELL ! (at least until IBM gets enough profit out of the 6-year supply contract). Jim K.

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