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Technology Stocks : IBM
IBM 306.34+0.5%1:35 PM EST

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To: art slott who wrote (5701)10/21/1999 12:20:00 AM
From: art slott  Read Replies (2) of 8218
 
Even so, IBM urged analysts to stand firm on their estimates for the remaining quarters of 2000, when customers should return to their normal buying patterns.

"Once we get past these lingering Year 2000 effects, we should see an acceleration of demand as customers resume more normal buying patterns," he said.

"We see the pickup in the first quarter, but returning to normal trends in the second," he added, noting that company expects to deliver revenue growth in the high single-digit range for the full year.
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