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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion -- Ignore unavailable to you. Want to Upgrade?

To: R. Bond who wrote (11709)	5/22/1998 5:14:00 PM
From: John Sikora	Read Replies (1) \| Respond to of 13949

R.Bond, NORTH CANTON, Ohio, May 22 /PRNewswire/ -- Diebold, Incorporated announced today that earnings for its second quarter, which ends June 30, 1998, will probably lag behind those of the same period last year. Diebold earned $0.44 per share (diluted) in the second quarter of 1997. Analysts' estimates for the quarter currently range from $0.49 to $0.50. Industry-wide banking trends such as bank mega-mergers, as well as technological issues surrounding the year 2000are having a near-term impact on Diebold's business. The company is currently re-evaluating its 1998 business plans and cost structure in a move that could result in a restructuring charge.