"Bruce A. McKnight" <[EMAIL PROTECTED]>
>I'm just guessing but 85% gross margin seems way too high.  
>At 85%, the customers would be throwing a royal fit and the 
>FTC would be sharpening their fangs to take another huge 
>bite out of IBM. 15% is probably more likely.  Besides, the 
>real profit comes from software.  IBM could give the hardware 
>away and still make a huge profit on software licensing.

I think you misread the post -- ToP said "software" and "85%".

BTW, that would probably be "DoJ" not "FTC"...

...phsiii (Picking nits early on a Saturday morning)

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