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To: Freedom Fighter who wrote (1031)	12/4/1998 9:11:00 PM
From: porcupine --''''>	Read Replies (1) \| Respond to of 1722

GM says '99 Chevy Tracker prices below peers DETROIT, Nov 19 (Reuters) - General Motors Corp. said on Thursday that U.S. prices for the all-new 1999 Chevrolet Tracker will be below its Japanese competitors. The world's largest automaker said it expects the Tracker four-door model with a truck-based four-wheel-drive system to be the best selling version at $16,295, including delivery charges. That will give it a price advantage of $2,800 and $1,900 over Honda Motor Co. Ltd.'s <7267.T> 1998 CR-V and Toyota Motor Corp.'s <7203.T> 1999 RAV4 sport utilities, respectively, GM said. Chevrolet general manager John Middlebrook said in a statement the new Tracker has a more muscular look, offering more performance with an improved suspension, stronger engine and more agility, and more room than the previous model. Other '99 Tracker prices, including delivery charges, are: -- four-door, four-wheel-drive model, $16,295. -- four-door, two-wheel-drive model, $15,195. -- two-door, four-wheel-drive convertible, $15,095. -- two-door, two-wheel-drive convertible, $13,995. ((--Detroit Newsroom, 313-870-0200, benjamin.klayman@reuters.com))

To: Freedom Fighter who wrote (1031)	12/4/1998 9:16:00 PM
From: porcupine --''''>	Read Replies (2) \| Respond to of 1722

IBM's G5-series fastest-shipping mainframes ever SOMERS, N.Y., Nov. 23 (Reuters) - IBM has shipped 1,000 of its latest generation of mainframe computers since it first introduced the machines in August, the fastest uptake of mainframes in company history, it said in a statement. "Customer acceptance of the S/390 G5 Server has been strong," David Carlucci, general manager of International Business Machines Corp.'s mainframe computer division, said of the milestone, referring to the company's new G5 series of its S/390 mainframes. The first 1,000 S/390 G5 Server customers include major airlines, manufacturers, retailers, finance, banking and insurance companies, energy companies, telecommunications and travel service providers, which typically are upgrading older mainframe systems. Wall Street is counting on the new generation of mainframes to boost hardware sales during the fourth quarter. The expected success of the new mainframes is one key factor in the rise of IBM stock to new record highs in recent months. The 1,000th G5 computer -- a Turbo model that is IBM's most powerful mainframe machine -- was installed on Friday at one of DaimlerChrysler AG's data centers in Detroit to control production. It was the third G5 mainframe that DaimlerChrysler, the world's third largest automaker, has installed. Other G5 customers have included KMart Corp. , Metropolitan Life, SBC Communications Inc. , MCI WorldCom Inc. . IBM's S/390 mainframe servers are used by the world's largest corporations to control key operating tasks from recording airline reservations and handling automated teller banking transactions to running phone company networks and managing some of the Internet's largest electronic commerce sites. The G5 mainframes lead the industry in terms of performance, with the capacity to handle up to 1,069 million instructions per second (MIPS). Rivals include Hitchachi and Fujitsu Ltd.'s <6702.T> Amdahl unit. DaimlerChrysler took possession of a 1,069-MIPS capacity machine, IBM said. Customers have purchased G5 machines with the capacity to handle from 150 MIPS to 1,069 MIPS, with the average machine shipped so far capable of handling an average of 500 million computer instructions per second, according to industry sources who have been briefed on IBM's sales. Prices for the machines run about $5,000 for each MIP of capacity, the sources estimated, meaning the average machine has sold for somewhere in the vicinity of $2.5 million. IBM estimates as much as 70 percent of the world's computer data resides on computers built by the company, with the majority of it located on IBM mainframes. ((-- Eric Auchard, New York newsdesk, 212-859-1840))