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To: dgurgel who wrote (7531)12/29/1999 8:41:00 AM
From: Straight Up  Respond to of 10081
 
Hi

As I see it GMGC's only real relationship is GM. I found this article about GM's new strategy very interesting. They will be marketing a brand new product to 20 year olds. Hmmmmmm, Sounds familiar.

General Motors to expand use of Net
By Bloomberg News
Special to CNET News.com

December 23, 1999, 2:10 p.m. PT
DETROIT--Automaker General Motors said its campaign to expand its use of the Internet will boost profits faster than its other business strategies.

The automaker's Internet activities include a global business-to-business purchasing network, satellites that deliver email and related services to drivers, and a GMBuyPower Web site through which more vehicles are sold and delivered.

"Nothing has the potential for higher returns in the next five years," GM president Richard Wagoner, who said he barely used a personal computer 12 months ago, told reporters in a year-end meeting.

GM is focusing on the Internet to streamline its internal operations, increase sales and appeal to younger buyers. Potential customers in their 20s spend so much time online that GM may design for them in the next decade a car sold exclusively over the Internet, Wagoner said. The automaker would carry out such a move only if it didn't antagonize dealerships, he said.

"The aspect that excites me the most, and should excite shareholders, are these business-to-business networks that GM and Ford are setting upon," said Saul Rubin, an auto analyst with Warburg Dillon Read LLC in New York.

Rubin said both GM and Ford Motor Co. will receive 50 percent or more of the revenue stream from their Internet exchanges, in addition to a stake in the companies, which he estimates could add $15 to GM's share price and $8 to Ford's.

"If there is anything behind the big rallies in the share price for the companies that run the business-to-business exchanges, then surely there is value in it for Ford and GM as well."

Copyright 1999, Bloomberg L.P. All Rights Reserved.



To: dgurgel who wrote (7531)12/29/1999 12:45:00 PM
From: Mark Oliver  Read Replies (1) | Respond to of 10081
 
Have you all heard whether Dr. George White is still with the company?

When I spoke with him, I tried to find out more about his company before GMGC bought it. Sounded like it was mostly doing unrelated work to any current GM projects.

As far as Jim White, there seems to be little coming out of GM in the way of Mobile Agent development. I guess they could never get the glue to make all these diverse technologies inter-relate regardless of Dr. Markman's pie in the sky scenarios. Maybe they found the sellers had no interest in cutting their own throats.

Regards,

Mark