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Technology Stocks : IBM -- Ignore unavailable to you. Want to Upgrade?


To: J R KARY who wrote (3772)9/1/1998 2:23:00 AM
From: J R KARY  Read Replies (2) | Respond to of 8218
 
IBM selling its internet biz - raising ($4 bln) cash ?

Why would IBM sell its Global Services (ISP) unit if IBM is focused on regaining the PC home market ?

AAPL uses a ISP (Earthlink) to avoid expensive personal phone installation service for its home PC iMAC which sells for $1,299.

bloomberg.com

Seems like this business brought in other business in addition to a profit . Does IBM need the cash ?

Jim K.