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To: TREND1 who wrote (119916)	4/22/1999 9:24:00 AM
From: Chuzzlewit	Respond to of 176387

IBM Hardware sales look great. It tells me that the demand is there. It tells me (as if we didn't already know it) that Dell has eaten Compaq's lunch, and is nibbling away at dinner! How much money does HAL have? Does HAL go out on dates? CTC

To: TREND1 who wrote (119916)	4/22/1999 9:25:00 AM
From: OLDTRADER	Read Replies (1) \| Respond to of 176387

RE:HAL :quit trying to use this thread to promote your own web-site.As I told you about "six points ago" at 35 was the bottom "I put my opinion on this thread SOLID-you did not!Go promote somewhere else-youngster.wbm

To: TREND1 who wrote (119916)	4/22/1999 10:03:00 AM
From: Mohan Marette	Read Replies (1) \| Respond to of 176387

Say Larry:Didn't you ask about IBM and how well they have done or something,well here is a rather concise report giving you the details in a nutshell.Hope this helps. ========================= IBM's aggressiveness pays off By Larry DignanTDAIN April 22, 1999 7:27am ZDII IBM's blow-out first quarter results show what competitors such as Dell and Compaq already know -- this isn't the same old Big Blue. On Dell's (Nasdaq: DELL) fourth quarter conference call back in February officials noted that IBM had been "unusually aggressive" in the corporate market. On another recent conference call, Compaq (NYSE: CPQ) officials didn't give credit to IBM specifically, but bristled when asked about Big Blue. Compaq's reaction to the IBM question probably said more than Dell's statement did. Bottom line: IBM is taking market share from somebody. That aggressiveness went a long way as International Business Machines Corp. (NYSE: IBM) reported a quarter straight from Dell's page book. Revenue growth for the first quarter was up 15 percent to $20.3 billion, more than $1 billion than analysts expected. Hardware sales were surprisingly good, up 17 percent. Analysts were expecting flat sales from hardware considering the IBM lost nearly $1 billion on its PC business last year. On a conference call, Douglas Maine, IBM's financial chief, said industry reports due out soon will show IBM has gained some share in hardware. With hardware doing so well, IBM crushed First Call estimates of $1.41 a share for the quarter. Big Blue earned $1.47 billion, or $1.55 a share for the quarter. Typically, IBM makes its quarter with services revenue, now 37 percent of sales. This quarter everything lined up -- services were strong as usual, software sales were decent and hardware revenue was a nice surprise. Put simply, IBM's services are helping to sell a lot of hardware. IBM isn't completely out of the woods on hardware, but who's going to nit-pick about these results? Wall Street got everything it wanted -- revenue growth and a fat bottom line. Looking forward, Maine played the typical cat-and-mouse game with analysts. Maine said it was too early to raise expectations for 1999 based on the first quarter because of Year 2000 unknowns. But analysts aren't going to buy Maine's caution. When pressed, Maine said that IBM hasn't seen much evidence of a corporate Year 2000 slowdown. No Y2K nuclear winter here folks. In addition, IBM's diversity globally and in its product line gives it a "clear advantage." IBM is firing on all cylinders and will lift the Dow Jones industrial average and the whole tech sector. This isn't the old Big Blue. Happy Days As if IBM didn't give the tech sector enough reason to cheer, CNet (Nasdaq: CNET), Tellabs (Nasdaq: TLAB) and Go2Net (Nasdaq: GNET) all announced stock splits. It also doesn't hurt that all three of these companies beat expectations. CNet and Go2Net showed the most upside by at least tripling First Call estimates. Meanwhile Tellabs is a nice comeback story. Even perennial doormats Informix (Nasdaq: IFMX) and Western Digital (NYSE: WDC) hit their targets. It's been a wacky earnings season indeed. Don't rest yet though, the earnings parade continues for another week. TDAIN