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

To: Arrow Hd. who wrote (3852)	9/18/1998 10:17:00 AM
From: J R KARY	Respond to of 8218

IBM also selling its NetObject's stake IBM seems to be shedding its non-core assets and raising cash . Now its Netobjects : " IBM (IBM) is looking for investment bankers to help take its affiliate NetObjects public, despite the tumult in the stock market and the spate of companies delaying plans for initial public offerings. IBM last year took a majority stake in NetObjects, which creates software for Web-site building and publishing. IBM's stake is about $100 million " redherring.com By comparison to the $4 - $5 bln IBM will get for IGN this is small in dollars . Strange . Jim K.