The Lotus-Eaters -- Remember when the aborted Microsoft-Intuit merger - valued at over $2 billion - would have been the largest such deal in the history of the computing industry? No more! IBM today announced a $60 per share bid to take over Lotus Development Corporation. If the deal goes through it would be valued at approximately $3.3 billion, and IBM indicates it intends to pay for the purchase from "cash on hand." Lotus has resisted tight ties with IBM in the past, and this takeover bid has been characterized as "potentially hostile, IBM pursuing legal action to prevent Lotus from using a "poison pill" anti-takeover strategy. As of mid-morning, Lotus stock was up more than 25 points, with a volume over 10 million shares. [GD]
Option-Click in Scroll Bars for Jump Scrolling
In Mac OS X in general, and thus in most native Mac OS X applications, hold down the Option key and click anywhere in a window's scroll bar to jump to that spot (rather than scrolling one screen). If you like this behavior, you can make it the default in the Appearance preference pane. For "Click in the scroll bar to:" select "Jump to here."
- IBM's Been Taking Notes (12 Jun 95)