I.B.M. and cable-TV units seen in talks
Article Abstract:
IBM is discussing developing links with cable television operators, such as Tele-Communications Inc, Continental Cablevision Inc and Viacom Cable, in order to provide interactive television services to customers over cable television lines. Negotiations for cable links will be complicated for IBM, due to the competitive relationship among cable operators, all of whom competed vigorously for franchises during the advent of cable services. IBM is already in discussions with Time Warner Inc regarding a nationwide interactive television delivery systems for movies. It is unclear whether these negotiations are separate ventures. IBM would provide the computer technology necessary to send computerized video images over fiber optic lines and then into homes through the coaxial cable used by cable services. IBM can also provide the technology for mass storage of video libraries.
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 1992
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High stakes debate on the future of I.B.M
Article Abstract:
Wall Street analysts view IBM in two different ways. Some people believe IBM is losing the power and control it had for decades. These people see the company's struggles as a reflection of the computer industry's stagnation and the recession. Others view IBM as a company that needs to change in order for it to emerge again as the major company of the 1990s. IBM's share price dropped by $7.75 to $70.75, which was the lowest level the company's stock had reached in ten years. Many investors may get rid of the stock before it crumbles, which could speed up the value of the shareholders' stocks. Critics believe IBM has been slow to respond to market changes. IBM's mainframe computers no longer carry the company as they once did.
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 1992
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Comment about this article or add new information about this topic:
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