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Gold/Mining/Energy : Microforum (MCF:TSE) -- Ignore unavailable to you. Want to Upgrade?

To: Walsham who wrote (3241)	10/4/1999 6:06:00 PM
From: Vitalsigns	Read Replies (1) \| Respond to of 3896

Thanks Walsham ,I forgot about this release. With everyone announcing their intentions , I would expect that we should see some contracts with MCF very soon. (Either directly or indirectly) General Motors Corp - WSJ says GM to harness power of Internet with e-GM General Motors Corp GM Shares issued 753,008,273 1999-08-10 close $89.5 Wednesday Aug 11 1999 The Wall St. Journal reports in its Wednesday edition that General Motors Corp. president and chief operating officer G. Richard Wagoner Jr. says he is trying to harness the potential of the Internet with the formation of a new business unit, called e-GM. The Internet unit, run by controversial small-car executive Mark Hogan, will direct all of GM's cyberspace ventures. The ventures range from e-commerce sites to the testing of a "Web car" next month to the more theoretical idea of using the Internet on the factory floor to deliver cheaper, more customized vehicles to customers in less than 10 days. GM predicts it could garner about $5-billion in revenue over the next five years from the businesses the e-GM unit oversees. All of its traditional rivals, such as Toyota Motor Corp., which already has announced it will be able to get a car to consumers in 10 to 12 days, are racing to build up their Internet capabilities. DaimlerChrysler AG announced Tuesday that it was teaming up with Organic Inc., an on-line business building company, to beef up the Internet presence of the company's U.S. brands. Ford Motor Co. is expected to announce soon its plans to better co-ordinate its electronic business ventures. (c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com Vitalsigns