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- Newsgroups: comp.sys.mac.misc,comp.sys.ibm.pc.misc,misc.invest
- Path: sparky!uunet!cs.utexas.edu!hermes.chpc.utexas.edu!news.utdallas.edu!convex!swarren
- From: swarren@convex.com (Steve Warren)
- Subject: Re: History was made today...
- Sender: usenet@news.eng.convex.com (news access account)
- Message-ID: <1992Dec18.003753.14271@news.eng.convex.com>
- Date: Fri, 18 Dec 1992 00:37:53 GMT
- References: <1gon7oINNshk@mirror.digex.com>
- Nntp-Posting-Host: magnum.convex.com
- Organization: Engineering, CONVEX Computer Corp., Richardson, Tx., USA
- X-Disclaimer: This message was written by a user at CONVEX Computer
- Corp. The opinions expressed are those of the user and
- not necessarily those of CONVEX.
- Lines: 75
-
- In article <1gon7oINNshk@mirror.digex.com> hacker@access.digex.com (Dark Hacker) writes:
- >History was made today. IBM's stock price dropped to below its book
- >value of 55 today, to close at 51 points per share on news that Big
-
- [... irrelevant statements deleted ...]
-
- >Innovation and attention to the customer in the form of ergonomic design
- >and well engineered products are what distinguish Apple's computers from
- >the utter crap being churned out by IBM and the PC clone manufacturers.
- >No longer able to rely on consistant sales of big mainframes to huge
- >institutions, IBM is suddenly finding it has to (gasp) compete and, if
- >it learns its lesson at all, will have learned it too late.
-
- It is sad indeed that IBM foisted upon the world the sorry piece of
- machinery now known as a "PC" (remember when any desktop
- microprocessor-based computer was a "PC"? Now it has to be IBM
- compatible to be referred to as a "PC".), and then by the sheer mass
- of their bloated marketing power, bull-dozed it over everything
- in its path. As a result we are now stuck with its evil legacy.
-
- That being said, your article sheds absolutely no light on relative
- merits of the various machines on the market today.
-
- First of all, IBM has never earned a significant percentage of their
- income from PC sales, and their stockprice has nothing to do with a
- failure in the PC market. If anything the IBM-compatible
- architecture has tightened its stranglehold on the market in the
- last year. If you think that Macs are threatening the PC market
- then you are smoking something funny in your pipe.
-
- Second of all, IBM *DWARFS* Apple. The fact that IBM stock is
- selling for less than Apple per-share is a coincidence based on the
- number of shares outstanding per company. Your suggestion that
- Apple's share price rising above IBM's has some kind of significance
- is ludicrous.
-
- Third, IBM could go away tomorrow and the PC market would scarcely
- notice. The only people who buy IBM brand PC's are institutions.
- If you think that Apple is competing mainly with IBM you are
- mistaken. Apple has to beat the prices of thousands of cheap shops
- in Taiwan and other Asian nations.
-
- Finally, IBM's problems stem largely from the *success* of desktop
- computers, not failure. IBM makes the RS6000, which has been a
- hugely successful workstation, but it is displacing mainframes in
- some locations. IBM is replacing million dollar IBM machines with
- $100,000 IBM machines, and they are losing money as a result. They
- had a choice between replacing their mainframes with fast IBM
- workstations or letting some other workstation company replace their
- mainframes. They were backed into a corner and they did what they
- could. One thing you might notice about this situation is that it
- has nothing to do with PCs.
-
- Your PC-centered interpretation of these events is totally bogus.
- But if it makes you feel better to believe that stuff while the
- monster hords of Utter Crap (TM) continue to take over the computing
- world, and most consumers ignore the arguably superior Mac, then
- stick your head in the sand and whisper to yourself, "there's no box
- like a Mac, there's no box like a Mac, there's no box like a Mac,
- ..."
-
- >Ignore the market... and the market will ignore you...
- >
- >- Dark Hacker
- >--
- >Dark Hacker @ Black Silicon, Fortress Of Computation
- >hacker@black-silicon.mclean.va.us
- >
- >"Life itself is... COMPUTATION!"
-
- --
- _.
- --Steve ._||__ Welcome to the World's First GaAs Supercomputer
- Warren v\ *| -----------------------------------------------
- V
-