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

To: David Harker who wrote (5440)	7/19/1999 5:39:00 PM
From: David Harker	Respond to of 8218

Rev. Growth: IBM just reported overall rev. growth of 16%. According to the following link, analysts expect a 15% rev. growth rate for the year ending 12/99, and an 11.2% growth rate over the next 5 years - so if either of these targets are raised due to the last two quarters' higher-than-predicted rev. growth, that should help the stock. 1Q99 Rev. Gr. = 15% 2Q99 Rev. Gr. = 16% - an increasing revenue growth trend! Also, the link shows that out of the 22 analysts following IBM, all but 2 of them estimated this Q's earnings at 85-89 cents, only 1 estimated 90, and only one estimated 92. We beat the average est, of course, but also beat 21 of the 22 estimates making up that average. Upward revisions, anyone? :-) quicken.excite.com