Laura Conigliaro
Laura Conigliaro
certainly companies couple euro exposed ibm impact large last watched weaker weeks
We watched the euro get significantly weaker over the last couple of weeks and that certainly has an impact on companies that don't have that much growth, but are very large and very exposed as IBM is internationally,
business checks general hardware ibm march original pickup revenue sufficient suggest
While our checks suggest that there was a general pickup in hardware business at the end of the March quarter, this was probably not sufficient for IBM to make our original revenue forecasts.
best continue design driven grow ibm opportunity parts percent primarily remains
Microelectronics remains one of the best parts of IBM and, we think, has an opportunity to continue to grow by at least 20 percent going forward, driven primarily by new design wins,
bit change currency ibm list perhaps picture rating time
We have it ( IBM ) as a recommended list rating because, ironically, this currency change comes at a time when the fundamental picture is actually perhaps a little bit better than what we had been expecting,
benefit cycle economic expanding group huge names product solutions stock strong taken ultimately
Sun's stock has already taken huge blows, is one of the better names in our group and should ultimately benefit from a strong product cycle and an expanding solutions approach, ... For now, however, we think the economic cycle probably has the upper hand.
call confirmed demand fairly grim picture
Sun's intra-quarter call confirmed the fairly grim picture of demand that we have been seeing,
both dominance given growing likely market opportunity strong upside within
with likely upside in both cases, given a strong market opportunity and the company's growing dominance within it.
business conditions difficult far positive remain summer sun thus
Notwithstanding the positive announcement ... our sense is that business conditions remain difficult for Sun thus far in the summer quarter.
appears december lack normally others punch quarter recovery signs suggesting sun until
More importantly, it appears that the December quarter will lack the seasonal punch that Sun and others normally see, suggesting that the first signs of a recovery may not come until June,
among clearly major position worst
Lexmark is clearly in the worst position among the major vendors,
attention attracted far key leading operating outside products software system unix
Solaris has done very well as far as it being a leading Unix operating system for Sun, but how much attention has Solaris attracted outside of Sun? ... You could go through the other key software products and say the same thing.
area company product quarter shine
There wasn't anything in the quarter in any product area that the company did not shine on.
hand keys kingdom process turning
They're in the process of turning it around, but I wouldn't hand them the keys to the kingdom just yet.
beating sending signals smoke
They've been sending signals before. But it was smoke signals before. Now they are beating drums.