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


To: art slott who wrote (5697)10/21/1999 2:08:00 AM
From: brad greene  Read Replies (2) | Respond to of 8218
 
Art,

No.....UIS beat earnings estimates for the quarter just reported...said they are comfortable with earnings estimates for next quarter.....but that revenue growth would be under pressure for the next two quarters due to Y2K concerns.

I have read through both......and IBM's stuff makes UIS look pretty darned good.

I think IBM will close above $95.00 tomorrow......and I will again question why the market took UIS down 50% for the same Y2K bump in the road.

If IBM had reported before UIS......UIS would be in the $30s right now....and would never have even been in the 20s.

Who said Y2K will be a non-event?

JMHO.

bg