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Technology Stocks : All About Sun Microsystems

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To: paul who wrote (16412)	5/14/1999 2:07:00 AM
From: Mephisto	Read Replies (1) of 64865

[I think analysts are conveniently overlooking IBM's slow growth rates, and declining HW revenue to spin it as a "safe" internet play. Remember, nobody gets fired for recomending IBM..] A few weeks ago, an article in The New York Times also mentioned IBM's slow growth rate. The article suggested that IBM's growth was NOT THAT GOOD. I don't have the article but I believe article suggested that one way IBM improved their earnings was to borrow money. The money that they borrowed made their earnings look better than they really were. BUT I am not sure how borrowed money will be used. Perhaps someone else recalls that article.

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