Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: puborectalis who wrote (5566)	9/20/1999 10:46:00 PM
From: puborectalis	Respond to of 8219

Moving Up IBM promotes possible successor to Gerstner International Business Machines Corp. said Robert Stephenson, head of its computer server group, will retire at year's end and will be replaced on Oct. 1 by Senior Vice President Samuel Palmisano. Mr. Palmisano is group executive of IBM's Global Services unit and has been mentioned as a successor to Chief Executive Louis Gerstner. Sales of some IBM server models have fallen in the past two quarters even as sales of personal computers, services and software pick up. IBM is battling Sun Microsystems Inc. and Hewlett-Packard Co. in the market for the high-speed computers that run Internet sites and hold data on corporate networks. Analysts expect Mr. Palmisano to escalate that fight.