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Technology Stocks : BAY Ntwks (under House) -- Ignore unavailable to you. Want to Upgrade?

To: RFF who wrote (3588)	1/20/1998 9:21:00 PM
From: jkb	Read Replies (1) \| Respond to of 6980

From IBM's Louis Gerstner in their earnings release. Looks like it was related to Asia. Dr. House cited Asia on target. Also, report looks good. Looking forward to the Dr.'s appearance on CNBC tomorrow. Did anyone listen to the conference call? Paul, Vepoc? Also, CTXS and QCOM beat numbers. -Jay ____ ''Our results are especially satisfying,'' Mr. Gerstner said, ''because they were achieved despite a number of very difficult factors, including an increasingly negative currency impact, weakness in some Asian markets, and pricing pressures that affected certain product areas. We remain comfortable with our strategies, with the fundamental strength of our business, and with our long-term business and financial model.''