Graham and Doddsville -- Value Investing In The New Era Message Board

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Strategies & Market Trends : Graham and Doddsville -- Value Investing In The New Era

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To: porcupine --''''> who wrote (1657)	5/20/1999 10:40:00 PM
From: porcupine --''''>	Read Replies (2) of 1722

SoundView Technology Group analyst Gary Helmig said the outlook for IBM CORP's 2Q results was very strong and he could boost earnings estimates. The outlook is for a very strong 2Q," Helmig said. He said changes to earnings estimates were "in process" and declined to comment on specific figures. Helmig's previous estimate for IBM's current quarter ending in June was for diluted EPS of $1.74 per share, a penny per share below the current Wall Street consensus estimate for the 2Q. He cautioned that the second half "was still an issue," referring to concerns that corporate spending on new computer products may slow as companies focus on fixing possible Year 2000 glitches in existing equipment. (Reuters 10:38 AM ET 05/07/99) For the full text story, see infobeat.com

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