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Stock Watch: IBM, MicroStrategy Gain on Alliance

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By Shirley Siluk Gregory
E-Commerce Times
08/22/00 12:00 AM PT


Entering European Markets: A Challenging but Real Opportunity
Although the U.S. has a large Internet population, 79 percent of all Web users are now outside the U.S. Online retailers have viable options for entering into international expansion mode, particularly with respect to European markets. [Download PDF: 6 pgs | 686k]

Software provider MicroStrategy Inc. (Nasdaq: MSTR) skyrocketed 8 9/16 to 29 9/16 Monday after announcing an alliance with computer giant IBM Corp. (NYSE: IBM) More about IBM (NYSE: IBM). The gain was one of the Nasdaq's biggest increases of the day.

IBM also jumped up 1 to 121 7/16 after the announcement.

"Many of our clients are asking IBM Global Services to help them leverage their vast data assets in this new 'e-world,'" said Mike Fuller, vice president of business intelligence consulting and services for IBM Global Services.

Under the proposed partnership, IBM will lend support Linux MPS Pro - Focus on Your Business - Not Your IT Infrastructure. $599.95/month. Click to learn more. and services to promote MicroStrategy's software for business intelligence and customer relationship management to IBM enterprise customers.

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