Although there was some improvements in the PC chain in February/March, April is showing weakness. |
Details on the intellectual property income by quarter shows that IBM will face relatively easy comparisons for intellectual property income in the first half of 2002, making us less concerned about the downside exposure near-term, |
Earnings momentum bottomed in (the fourth quarter) and will improve in 2000, |
I think there's a negative psychology in technology, and we're not out of October yet, ... I think there are mostly continued concerns on technology in general, but particularly on spending on telecom. When you look at which parts of technology are the weakest today, you see networking first. |
I think there's a negative psychology in technology, and we're not out of October yet. I think there are mostly continued concerns on technology in general, but particularly on spending on telecom. When you look at which parts of technology are the weakest today, you see networking first. |
In fact, increased disclosure paints IBM's financial position in a somewhat more positive light. |
In services, we think the industry may be transitioning to Internet-style offerings, ... This transition may be holding back spending temporarily. IBM CEO Gerstner alluded to this in his May briefing [to analysts], though he added he has no concerns about services. |
In services, we think the industry may be transitioning to Internet-style offerings. This transition may be holding back spending temporarily. IBM CEO Gerstner alluded to this in his May briefing [to analysts], though he added he has no concerns about services. |
It's possible that end-of-quarter mainframe sales were light for IBM, ... It's also possible that software lags hardware and that the software companies are seeing the weakness IBM saw in fourth quarter of 1999 and the first quarter of 2000. |
It's possible that end-of-quarter mainframe sales were light for IBM. It's also possible that software lags hardware and that the software companies are seeing the weakness IBM saw in fourth quarter of 1999 and the first quarter of 2000. |
No color was provided, and there is no conference call before the April 17 release, |
Or thesis has been that HP would have a solid second half, driven by strong results in the consumer market, which should move the stock back up to our price objective of $140, |
Or thesis has been that HP would have a solid second half, driven by strong results in the consumer market, which should move the stock back up to our price objective of $140. |
should allow investors to better gauge the impact from a potentially lumpy income stream. |
Sun is seeing some strength in government and healthcare, but competition -- mostly with IBM -- remains acute, |