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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Earlie who wrote (83881)3/22/2001 8:15:32 AM
From: Box-By-The-Riviera™  Read Replies (2) of 436258
 
NEW YORK (Dow Jones)--International Business Machines Corp. (IBM) is one
positive story in the technology sector, according to Gary Helmig, analyst at
Wit SoundView.

"IBM is going to deliver the quarter," Helmig told CNBC Wednesday. "Compared
to most other companies, they have particularly easy year-over-year
comparisons."
Analysts surveyed by Thomson Financial/First Call estimate IBM will earn 98
cents a share in the first quarter, compared with 83 cents a year ago.

Helmig said IBM is well positioned in this quarter with its product lineup,
global services and software.

"They're well positioned in Unix servers in terms of having a leading-edge
product," he said. "And they're doing well in PCs - they are not in the
consumer space, unlike Hewlett-Packard."
Helmig said he is sticking with an earnings estimate of $5 a share for the
year.
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