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Subject: Another joint venture doomed to fail

Author: Mark Schreiber

Date: 04:35:41 01/09/03

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On January 08, 2003 at 20:23:18, Terry McCracken wrote:

>On January 08, 2003 at 19:56:58, Michael Vox wrote:
>
>>Strangley, by the end of the day, both of the stocks had declined.  Meaning that
>>potential investors do not foresee earning potential in the deal :(
>
>People can be dumb, can't they?
>
>I think it will be something to watch. I'm watching:o)
>
>Terry

That’s because people have learned from history. IBM partners with other
companies because they can not develop high technology on its own. IBM supplies
the money; the other company does the work. They have tried this before. It
always fails miserably. They tried it with Siemens to make phone systems. With
Apple and HP to get a GUI OS. Motorola for CPU’s. Toshiba for memory chips.
Don’t expect any high technology products to come from this.
Mark



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