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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Johnny Canuck who wrote (45042)	10/8/2008 8:30:20 PM
From: Johnny Canuck	Read Replies (1) \| Respond to of 70981

6:58PM CORRECT: IBM releases early third-quarter results (IBM) by Wallace Witkowski SAN FRANCISCO (MarketWatch) -- International Business Machines (IBM) said late Wednesday it expects to post third quarter earnings of $2.05 a share on revenue of $25.3 billion. For the year, the company reaffirmed its earnings a share target of at least $8.75. Analysts surveyed by FactSet Research expect earnings of $2.01 a share on revenue of $26.5 billion for the quarter, and $8.74 a share for the year. IBM shares rose 3.8% in after-hours activity. (Corrects FactSet earnings estimate.) [Johnny: Beat on EPS, light on revenue. Let's see the streets' reaction tomorrow to one on the tech bell weathers.]