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

To: gambler2 who wrote (4462)	1/21/1999 4:37:00 PM
From: wiley murray	Respond to of 8218

Thursday January 21 4:27 PM ET IBM Posts Better-Than-Expected Fourth Quarter Profit ARMONK, N.Y. (Reuters) - International Business Machines Corp. (NYSE:IBM - news) Thursday reported better-than-expected earnings for the fourth quarter, paced by continued strong growth in services and software. The world's largest computer maker said net earnings rose to $2.3 billion, or $2.47 a diluted share, from $2.1 billion, or $2.11 a share, a year earlier. Wall Street analysts had forecast profit of $2.45 a share on average, according to First Call Corp., which tracks estimates. Sales grew 6 percent to $25.1 billion, the company said.