IBM Message Board - Msg: 18146006

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Technology Stocks : IBM

IBM 308.58

+1.8%

Nov 28 9:30 AM EST

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To: Robert Scott Diver who wrote (7852)	10/23/2002 7:37:27 AM
From: Jacques Newey	Read Replies (2) of 8218

More on pension accounting... "Back in 2000, in the excitement of the bull market, hardly anyone took notice of the footnote in the year-end report from International Business Machines Corp. -- the one that disclosed that around 10 percent of its $11.5 billion in pretax profits came not from selling more computers but from investment income earned by its employee pension fund. They're noticing now." washingtonpost.com

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