Fwd: IBM's response - Speculation about IBM's PC Division

There was an article in the New York Times Business section today (you have
to create an account on their site to view articles) which stated....

"I.B.M. has reached an agreement in principle to sell its personal computer
business to Lenovo, China's largest PC maker, in a deal valued at between
$1 billion and $2 billion, people close to the negotiations said yesterday.
I.B.M. is expected to maintain a small minority stake in the business.

The sale is expected to be announced on Wednesday morning in China, these
people said; that is Tuesday night in the United States. But the deal is
complex, these executives cautioned, and the timing could slip or the
companies could fail to reach a final agreement."

Based on the article, it appears that I.B.M.'s PC division will be sold as
long as I.B.M. is able to finalize an agreement that is to their benefit...

--Ken

>X-Sender: mccredie@calmail.berkeley.edu
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>Date: Fri, 03 Dec 2004 16:58:03 -0800
>To: micronet-list@listlink.berkeley.edu, comp-mgrs@listlink.berkeley.edu,
> bits-forum@listlink.berkeley.edu
>From: Jack McCredie <mccredie@uclink.berkeley.edu>
>Subject: [Micronet] IBM's response - Speculation about IBM's PC Division
>Sender: owner-micronet-list@lists.berkeley.edu
>
>
>>Importance: High
>>Subject: Speculation about IBM's PC Division
>>To: mccredie@uclink.berkeley.edu
>>Cc: Cindy Cochran <pasulliv@us.ibm.com>
>>X-Mailer: Lotus Notes Release 6.0.2CF1 June 9, 2003
>>From: Dwain Bitter <dabitte@us.ibm.com>
>>Date: Fri, 3 Dec 2004 10:06:05 -0800
>>X-MIMETrack: Serialize by Router on D03NM114/03/M/IBM(Build
>>V70_M2_07222004 Beta 2|July
>> 22, 2004) at 12/03/2004 11:06:14
>>
>>Jack,
>>
>>You've undoubtedly heard the speculation surrounding a potential sale of
>>IBM's PC division. At this point that is all it is - speculation. Our
>>Alliance with UCB is a key relationship for IBM and I will keep you
>>informed as facts emerge on this point.
>>
>>Dwain Bitter
>>Certified Client Executive, Western Education
>>415 545-2711 or 8/473-2711
>>dabitte@us.ibm.com
>
>
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  Kenneth M. Snyder University of California at Berkeley
  System Administrator Public Safety & Transportation Services
  Phone: 510-643-6284 1 Sproul Hall, Rm. 15
  FAX: 510-642-6434 Berkeley, CA 94720
  E-Mail: kmsnyder@berkeley.edu
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Received on Tue Dec 7 10:09:12 2004