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Article #23170

Re: IBM CORPORATE LOSS

#23170
From: Neil Forsyth
Date: Mon, 25 Jan 1993 09:25
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In article <C15nCD.F4@newcastle.ac.uk> Craig.Graham@newcastle.ac.uk
(Craig Graham) writes:
>I was most amused to hear on the Evening News (on the Radio), that IBM has just
>made the biggest corporate loss EVER in the history of corporate losses......

(With apologies to those who read this group for informative articles)

A friend of mine was told these 'facts' at his employee induction course with
a clone manufacturer.

	"IBM has so many employees worldwide that if they were all in one
	place and that place was called a country then it would be the fifth
	largest country in the world."

	"IBM has so much money in the bank that the interest alone can pay
	those peoples wages such that they could stop making computers
	tomorrow and still keep everyone in a job if they had a mind to."

I dunno how true these statements are but even if there is some truth in them
then I doubt that the financial loss will hurt them much.

+----------------------------------------------------------------------------+
! DISCLAIMER:Unless otherwise stated, the above comments are entirely my own !
! Neil Forsyth                                                               !
! Department of Computing and Electrical Engineering                         !
! Heriot-Watt University                                                     !
! Edinburgh, Scotland                                                        !
! United Kingdom            Email: neil@uk.ac.hw.cs, ..!ukc!cs.hw.ac.uk!neil !
! "'Have you got any?' he asked, expecting the answer no" - Monty Python     !
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Path: arc1-ca.pugleaf.net!sparky!uunet!mcsun!uknet!edcastle!hwcs!neil
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Path: arc1-ca.pugleaf.net!sparky!uunet!mcsun!uknet!edcastle!hwcs!neil
From: neil@cs.hw.ac.uk (Neil Forsyth)
Newsgroups: comp.sys.atari.st
Subject: Re: IBM CORPORATE LOSS
Message-ID: <1993Jan25.092554.26383@cs.hw.ac.uk>
Date: 25 Jan 93 09:25:54 GMT
References: <C15nCD.F4@newcastle.ac.uk>
Sender: news@cs.hw.ac.uk (News Administrator)
Organization: Dept of Computing & Electrical Engineering, Heriot-Watt University, Scotland
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