Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Michael Collings who wrote (5013)	4/22/1999 1:34:00 AM
From: J R KARY	Respond to of 8218

<< " The pros will be out long before a turn in earnings is evident"<< Tis true , but we must realize DELL is a box maker who replaces boxes while IBM provides solutions . Remember S Palamismo (sp?) stated he had $40 bln booked in (1999) services for the next 9 months alone and he has 9 MORE months in 1999 to add to that . The Y2K effect actually puts IBM in the system cat bird seat . Being the author of many OSs and language compilers , IBM knows where to look to find the Y2K "rattles" . If IBM can't fix it IBM will sell a solution . Read closely what IBM's CFO now states about a '99 slow down being over blown: " IBM Chief Financial Officer Doug Maine Wednesday said he is growing more confident that fears of a corporate spending slowdown on new computer equipment later this year could be overblown. dailynews.yahoo.com Jim K.

To: Michael Collings who wrote (5013)	4/22/1999 7:55:00 AM
From: Dorine Essey	Read Replies (1) \| Respond to of 8218

BEFORE THE BELL - IBM surges on earnings April 22, 1999 07:21 AM NEW YORK, April 22 (Reuters) - Shares in International Business Machines Corp. surged in pre-opening trade Thursday after the computer maker reported quarterly earnings that trounced Wall Street forecasts. IBM was trading at 188-1/8 on the Instinet electronic broker system, up from a Wednesday finish at 171-7/8. After markets closed Wednesday, the company reported that its first-quarter income rose 50 percent to $1.5 billion. IBM, the world's biggest computer maker, posted earnings of $1.55 a share. Analysts surveyed by First Call Corp. had forecast $1.41. Among other active issues, Dell Computer Corp. DELL rose to 40-1/2 from a Wednesday close at 38-7/16. ((--Ian Simpson, Wall Street desk, (212) 859-1879)) REUTERS -------------------------------------------------------------------------------- Following are Reuters Alerts related to this article -------------------------------------------------------------------------------- ALERT IBM UP AT 188-1/8 PRE-OPEN FROM 171-7/8 WEDNESDAY CLOSE REUTERS --------------------------------------------------------------------------------