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Technology Stocks : IBM -- Ignore unavailable to you. Want to Upgrade?


To: gary who wrote (2183)1/20/1998 5:47:00 PM
From: SuperSonics  Respond to of 8220
 
I don't know what's going on, I actually checked one place and it says 108, but briefing says 105.



To: gary who wrote (2183)1/20/1998 6:24:00 PM
From: SuperSonics  Respond to of 8220
 
NEW YORK, Jan 20 (Reuters) - Shares in International Business Machines ((IBM - news) dropped more than two points in after-hours trading Monday after the computer giant warned its first quarter earnings would come in below the year-earlier fiscal 1997 figure by as much as $0.15 per share.
In a conference call that followed the release of IBM's fourth quarter earnings results, IBM's chief financial officer also said the most recent performance was hurt by currency translation.

Dealers said IBM traded at 105-1/8 after its stock was released from an after-hours halt. IBM's stock closed the day at 107-11/16.

The company's stock had gained 2-5/8 during regular-hours trade.