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To: Joan Osland Graffius who wrote (7497)3/8/2002 3:27:09 PM
From: DavesM  Respond to of 8218
 
Joan,

Just much has debt "exploded" in the past few years? It seems to me that the total level of debt for the Company has remained pretty constant for a while.



To: Joan Osland Graffius who wrote (7497)3/8/2002 9:31:18 PM
From: Hsien W. Chang  Read Replies (1) | Respond to of 8218
 
Joan: I think you are mixing the debt IBM has to finance the IBM Credit Corp with the core debt. I believe IBM's core debt is a little bit over 1B while the total debt which is mostly debt used to finance customer purchases is over 20B.


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