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Technology Stocks : IBM
IBM 297.59+2.5%Nov 21 9:30 AM EST
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To: Jules B. Garfunkel who wrote (5994)11/25/1999 9:41:00 AM
From: Felix Appolonia  Read Replies (2) of 8218
 
Jules,

Here is information from Brown Brothers Harriman which states "IBM earnings reports are clean." Sound View also indicates that "IBM provides analysts with the data necessary for a complete picture." The article says IBM's reading of the accounting policy is that regulators frown on the common corporate practice of pro forma presentation of results that exclude such gains and charges.

The full article is at: dailynews.yahoo.com
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