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Strategies & Market Trends : Guidance and Visibility -- Ignore unavailable to you. Want to Upgrade?

To: DebtBomb who wrote (6952)	7/18/2001 5:03:58 PM
From: SusieQ1065	Read Replies (1) \| Respond to of 208838

IBM (IBM) 104.28 -4.25: -- Update -- In Q2, disk storage revenue was up 35% at constant currency and Shark revenue was up more than 50%... still waiting on sales and earnings guidance for Q3; in press release, IBM had this to say: "We saw ongoing weakness in PCs and hard disk drives and we continued to be hurt by the negative effects of currency translations. We expect that these factors will continue to work against us in the second half of this year. Additionally, we are now seeing signs of slowing in our Microelectronics business as our OEM customers reduce purchases"... IBM -2.08