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To: flickerful who wrote (3727)	11/2/1998 1:23:00 PM
From: Ed Perry	Read Replies (1) \| Respond to of 17679

…. From the NY Times Oct 29, 1998 MITSUBISHI TO REORGANIZE ITS UNITED STATED OPERATIONS The Mitsubishi Electric Corporation said yesterday that it would close its United Stated holding company and exit several businesses as part of a revamping to focus on digital television and computer hardware and software. The holding company, Mitsubishi Electric America, will be closed and an American Corporate Office will be opened as part of Mitsubishi Electronics America Inc. the largest of Mitsubishi United States subsidiaries. The company, which is based in Tokyo, will close the audio-visual division of Mitsubishi Consumer Electronics America and open a new digital consumer electronics company. The cellular telephone operations will be streamlined by shutting the Astronet Corporation and the cellular mobile telephone unit From Individual Investor September 1998 p63 "Here Comes Big Blue" iionline.com But now IBM is going after small and medium-sized businesses with a whole range of products, including Web hosting, electronic checks, and security solutions. "We're seeing explosive growth in the Internet expenditures of small businesses," says Dave Liederbach, director of electronics marketing for IBM's Internet division. To catch minnows, IBM offers a wide range of Web hosting services. For $25 a month (plus a $25 setup fee), it will handle a five-page Web site containing up to 12 catalog items and a virtual shopping cart that totals up purchases. For $200 a month ($150 setup), it will administer 50 pages, 500 catalog items, real-time credit card processing and shipping and sales-tax calculation. Then as online businesses expand, the thinking goes, they will graduate to IBM's $3,500 Domino Merchant commerce servers, $4,900 Net.Commerce Start, and then eventually the $19,900 Net.Commerce Pro. They may even pay IBM to integrate those products with IBM's Lotus Shareware or its DB2 database server. "Integration is where companies spend most of their money," says Liederbach, one reason IBM service revenues are growing at a 20% pace, compared to 7% to 10% for the business overall. commentary to follow... Ed Perry