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Technology Stocks : Conference Calls

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To: Logain Ablar who started this subject	7/19/2001 2:31:43 PM
From: Logain Ablar	of 3

IBM: Still surprising the bears by posting decent #'s in todays difficult tech market. No doubt the long term service revenue strategy is panning out. Much stronger than other consulting companies. IBM today announced second-quarter 2001 diluted earnings per common share of $1.15, an 8 percent increase compared with diluted earnings per common share of $1.06 in the second quarter of 2000. Second-quarter 2001 net income was $2.0 billion, a 5 percent increase from $1.9 billion in the year-earlier period. IBM's second-quarter 2001 revenues totaled $21.6 billion, flat (up 5 percent at constant currency) compared with the second quarter of 2000. investor.ibm.com siliconinvestor.com

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