Ibm And Lotus: Happy At Last

After a rocky start, benefits are flowing as Lotus blossoms

When IBM snapped up Lotus Development Corp. two years ago, lots of folks figured the developer was doomed. The $1 billion software maker, they predicted, would get tangled in the $76 billion computer giant's bureaucracy and lose ground to Microsoft Corp., Netscape Communications Corp., and others that wanted a piece ofits key market--E-mail and "groupware" programs to help workers collaborate on a network.

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