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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF -- Ignore unavailable to you. Want to Upgrade?

To: Scrapps who wrote (17920)	12/8/1998 9:02:00 AM
From: David Lawrence	Read Replies (1) \| Respond to of 22053

You scratch my back, and....... Tuesday December 8 7:54 AM ET AT&T To Buy IBM Network Business For $5 Billion NEW YORK (Reuters) - AT&T Corp. (NYSE:T - news) Tuesday said it would acquire International Business Machines Corp. (NYSE:IBM - news)'s Global Network corporate networking business for $5 billion in cash, in AT&T's latest push to expand beyond its traditional long-distance customer base. As part of the deal, IBM granted AT&T a five-year, $5 billion contract to handle a large portion of IBM's networking needs, while AT&T has outsourced some of its applications processing and data management work to IBM.