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Technology Stocks : IBM
IBM 305.75+0.3%Nov 14 9:30 AM EST

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To: William who wrote (5021)4/22/1999 11:27:00 AM
From: J R KARY  Read Replies (2) of 8218
 
Hope the $ 5 bln funds a acquisition , came from selling its IP network

>> " What's the $5B for, and how much will flow to the bottom line?" >>

The numbers may have been in 1Q's report . The $ 5 bln payment was deferred to 2Q and there is a on-going contractual relationship wherein IBM earns more ($ 4 to $6 bln ?) revenue from A T & T .

LVG is on record from last April/May stating IBM will not buy a hardware company for a year .

It's like my boat , even after winning it , I never got it . You just never know .

Jim K.
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