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Salon ran a piece today about Flickr, the web site that is serving graphics to this blog. For you visual types there seems to be more to this site than just graphics hosting.
IBM said to be eyeing a sale of its PC business
Published: December 3, 2004, 8:03 AM PST
By John G. Spooner and Martin LaMonica
Staff Writer, CNET News.com
IBM, which gave legitimacy to the personal computer business in the 1980s, is said to be negotiating the sale of its PC unit in a move that could reshape the industry.
The company is negotiating with Chinese manufacturer Lenovo Group, formerly known as Legend, and at least one other buyer to sell its PC business unit, according to a report in Friday's New York Times. The unit could fetch as much as $2 billion, the report said.
IBM spokesman Clint Roswell on Friday said the company's policy is not to comment on rumor or speculation. Representatives at Lenovo were unavailable for comment.
In morning trading, IBM's stock was up 1.28 percent to almost $97.
IBM selling its PC business to Lenovo, which would most likely result in a joint venture of some sort, would make sense for both companies, analysts said. Such a deal would free IBM--which has been moving away from commodity products--from managing a difficult and often money-losing venture, while still giving it access to desktops and notebooks to provide to its customers.
"The PC business is a sort of also-ran, me-too sort of business (for IBM). There are a lot better businesses, including global services and some of the larger computers, that IBM participates in," said Roger Kay, an analyst with IDC. An agreement would "get IBM out of what they think of as a nonstrategic, non-yielding business."
Today, along with my “Low Prices" I was treated to the national anthem playing in the background as I shopped in one of your stores. While our national anthem was playing an announcer was providing me with shopping information.
For our nation’s anthem to be reduced to a shopping soundtrack is, in my mind, poor taste. One might also easily find it disrespectful to our county, although I doubt that is what was intended. I suggest that this is someone's bad idea that should be discontinued.
I found it ironic that while checking out I could not help but be confronted with the headlines in one of the "newspapers" you offer for sale that our US troops had shot down an angel by mistake in Iraq. With that revelation and the sounds of our national anthem again playing in the background I left the store and headed for your web site.
Is it possible for your company to offer low prices, convenient shopping, employment opportunities AND a moderate amount of good taste and respect for our country at the same time?
Regards, Bibb
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