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Technology Stocks : IBM
IBM 303.33+0.1%3:59 PM EST

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To: Arrow Hd. who wrote (4870)3/30/1999 12:55:00 PM
From: J R KARY  Read Replies (1) of 8218
 
IBM Japan services revs up for 1998 , compensate for reduced sales

NOTE: Above News may have been inaccurate and withdrawn

Japan is in a economic recession and reduced 1998 sales/profits were expected:

FROM ASIA BIZTECH:

"IBM JAPAN'S '98 SALES, PROFITS FALL; SERVICE BIZ GROWS"

IBM Japan Ltd. saw sales and profits decline and service sales increase for calendar 1998.

nikkeibp.asiabiztech.com

(above link inaccurate- editor: nikkeibp.asiabiztech.com )

Jim K.
PS: IBM de-emphasizing "personal computer" sales also provides it a opportunity to partner with or acquire that type (consumer) of business without restraining trade .
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