Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: TigerPaw who wrote (4326)	12/8/1998 12:50:00 PM
From: J R KARY	Read Replies (1) \| Respond to of 8218

Well Tiger Paw Mike Armstrong sees the IBM ($5 bln) deal differently : " "For AT&T, today's announcement supports four areas we've targeted for growth: global services, data networking, Internet Protocol technology and network outsourcing through our AT&T Solutions business," said AT&T CEO Michael Armstrong in a statement. "The acquisition of IBM's global data network will accelerate our ability to deliver IP-based services to global customers. It will give us a sophisticated new platform for revenue growth." zdnet.com Seems there will be more revs coming to both A T & T and IBM over the next five (5) years . This deal was as predictable as tomorrow's dawn but I wonder what IBM will do with the $5 bln cash it is getting from A T & T ? Jim K.