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Technology Stocks : NCR Corporation: An AT&T Spinoff
NCR 27.08+3.2%Oct 16 5:00 PM EST

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To: Brooks Jackson who wrote (173)1/21/1998 9:09:00 PM
From: George Mc Geary  Read Replies (1) of 379
 
Brooks Jackson, The report tells it all. No need to wait for a week you might want to try a quarter or two.

<Gross margins in the quarter declined to 27.4 percent from 29.6 percent in last year's fourth quarter.

Total orders in the quarter declined from the year-ago level. On a local currency basis, orders posted a high-single digit decline.

Orders for retail systems, computers, and PCs and entry level servers declined compared to the year-ago period.

Services gross margins declined by 5.3 percentage points due largely to lower reported revenues across an essentially fixed cost structure and higher costs than anticipated on certain major professional services projects. >
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