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Technology Stocks : IBM
IBM 309.24-0.5%Dec 12 9:30 AM EST
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To: Dave Lyall who started this subject7/19/2000 5:03:32 PM
From: manny t  Read Replies (1) of 8218
 
IBM,

I was posting new IBM deals almost every day.I mentioned that I never saw a Company do so much business.
I was right.

From CFO:

Backlog at 75 BILLION, up from 62 billion.

Balance sheet "strong and healthy"

IBM.com revenues up over 50% in second half.

Sees cash generation as STRONG in second half.

IBM has hired 1800 people to address growth in E-Business.

Revenue in Software was driven by Unix and NT.

Manny T.
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