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Comments on: IBM sells PC group to Lenovo

update Big Blue to take 18.9 percent stake in Lenovo in $1.75 billion deal joining radically different companies.
Method to Palmisano's madness
A tough sell

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Once Again, Story Is Late
by December 7, 2004 7:34 PM PST
Wow, another late news story.

This was posted back in November on another news site.

http://www.triangletechjournal.com/news/article.html?item_id=771

Does C/Net just post stories after they are issued as press releases or appear in the New York Times?
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Facts vs. rumors
by December 8, 2004 6:12 AM PST
Maybe the folks at news.com were looking for a story with facts in it vs. one that's just rumors before posting it. There are plenty of other sites out there that are rumor mills. I'd rather have facts and press releases myself.
Not Really Late
by David Arbogast December 8, 2004 7:19 AM PST
News.com reported this as a possibility on previous days. It is not significant news until it actually happens, and nobody knows it happens until the press release is available.
cheap PCs!!!
by tlite722 December 8, 2004 9:40 AM PST
"Based on both companies' 2003 sales figures, the joint venture will have an annual sales volume of 11.9 billion units and revenue of $12 billion, increasing Lenovo's current PC business fourfold."

11.9 BILLION units? wow, that's a buck each!!! no wonder IBM's getting out.

editor note to self...like my 6th grade teacher taught me, i need others to proofread my papers...
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Another Deal Made With the Devil
by Big Tsunami December 8, 2004 9:51 AM PST
I think it is very interesting that US companies are making these enormous deals with companies that are a part of a totalitation communist regime.

They--the Chinese--do not share our values and are posturing themselves to overtake the world. They won't do it through military means, but will do so via economic means and we will all pay a heavy price someday. Mark my words, it WILL happen.

So as oppression continues, American companies will seek out cheap labor to satisfy its unbridled lust for profits.
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