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.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: MythMan who wrote (235432)	4/14/2003 4:21:34 PM
From: yard_man	Respond to of 436258

my earnings are rising on cost cuts, too ... IBM Earnings Rise on Cost Cuts Monday April 14, 4:11 pm ET NEW YORK (Reuters) - International Business Machines Corp. (NYSE:IBM - News) said on Monday that quarterly earnings rose for the first time in almost two years, helped by cost cuts and the closure of some old chip-making facilities. Armonk, New York-based IBM, which sells everything from computer services to giant mainframes to software, reported first-quarter income net income of 79 cents per share, up from 68 cents per share a year earlier. IBM, like many technology companies, cut about 15,000 jobs last year and closed down some older chip-making facilities as it faced an extended downturn in corporate spending.