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To: Lizzie Tudor who wrote (145699)8/18/2002 10:21:09 PM
From: Victor Lazlo  Respond to of 164684
 
You don't know what to make of ibm right now? Allow me to help here.

IBM is now laying off 17,000 services people. And they are in the middle of acquiring a very big services co. So obviously they will lay off a lot of that co's people once the deal is closed.

What hints does this provide you about IBM's services business?

Do you know that IBM's services business has by far the best margins of any business they are in?

so.... do you know what to make of IBM now?