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Technology Stocks : IBM -- Ignore unavailable to you. Want to Upgrade?

To: jhg_in_kc who wrote (5426)	7/17/1999 1:34:00 AM
From: J R KARY	Respond to of 8218

Not a whisper when Merrill Lynch is shouting about IBM's growth & profits Was in ML's July report: ===== " IBM is expected to show stable revenue growth when it reports second-quarter results Monday, while earnings should best last year's quarter, according to analysts. Big Blue's revenue growth could approach last quarter's 15 percent vs. a 12 percent estimate, according to a July report from Merrill Lynch. The earnings per share Street consensus is 88 cents, according to First Call. This compares to 75 cents a share last year in the same period. IBM's respectable growth comes at a time when a number of the company's strategic initiatives are finding acceptance in the marketplace. The company's emphasis on e-commerce has seemingly begun to pay off and distinguish IBM as one of the leading hardware manufacturers for this segment. " news.com ===== Looks like ML compares earnings to last year's Quarter and they expect revenue growth to be a "big" surprise . Jim K.