• Subject: Re: IBM's 3Q results
  • From: Glenn Ericson <Glenn-Ericson@xxxxxxx>
  • Date: Sun, 24 Oct 1999 11:38:43 -0400

At 10:33 AM 10/21/99 -0500, you wrote:
>IBM didn't do so well.....here is a blurb from PC Week...
>Hardware sales fell 1 percent year-over-year to $8.8
>billion, as AS/400 revenue dropped "significantly."
>System 390 sales also declined, with the company
>blaming price reductions and Y2K effects. RS/6000
>revenue slid slightly, while Netfinity servers saw
>especially strong growth.
>Y2K and the wonderful Magic Box in action? Let's hope the post Stephenson era
>shows some promise.....
IBM's report for dismissal earning for the next TWO Quarters has driven the NY Stock market down severely as well as the price of IBM stock.

IBM announced claim is Y2K Freeze and prior equipment purchases to support Y2K will be the cause in martkets other than PC.

Question is will or how might this affect the MIS staffs?
and job market for "00"


Glenn Ericson, IBM Certified Specialist
Phoenix Consulting LLC
P. O. Box 701164 East Elmhurst NY 11370-3164 USA
Phone 718 898 9805 Fax 718 446 1150
AS/400 & Year 2000- - Solutions Specialists
copyright 1996 - 1999 all rights reserved

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