Mark Stahlman
Mark Stahlman
call company earnings ibm itself major model perhaps tech
IBM is perhaps the most important earnings call because this company is the one that has made itself out as a new model of a major tech company,
business categories certainly companies credit expected fairly number people pieces quite systems true turning typical
There are a number of pieces of IBM's business that don't get as much credit as they should. These are categories that people had expected fairly little from and they are turning out to be quite strong, as is typical for systems companies and is certainly true for IBM.
bunch december figured investors quarter radar screens september sun value
There are a bunch of value investors who put Sun on their radar screens and have figured out that Sun is going to have a better-than-expected September quarter and potentially a blowout December quarter,
clear employees example happens morale represents throw weight
This represents a clear example of what happens when employees throw their weight at execution, and morale improves,
excellent good ground ibm looks losing market numbers picking quarter toss
We thought they would have a good quarter but it looks like they had an excellent quarter, ... With these bookings numbers you have to toss out any idea that IBM is losing ground in services. They are probably picking up market share.
begin chance clearly confidence next pointing unknowns
This was the chance for them to, if they had the confidence about where they are going next year, to begin pointing in that direction, but they clearly refused. I think there are a lot of unknowns for them.
begins bit choice consumer entire few game looking market maybe people ripple software time upgrade written year
This upgrade to 64 bits, which begins with servers, workstations and high-end game machines, is going to ripple through the entire market place. A year from now, very few people are going to be looking for 32 bit notebooks. This is a very big change. All the new software being written is (for 64-bit processors), so the consumer has a real choice for the first time in maybe 10 years.
next preview sounds
This sounds to me like a preview of what we're going to see next week.
bottom directly fall order saving successful
If they are successful in saving that order of magnitude, it will fall directly to the bottom line.
achieve businesses estimates possible prove quite revenue success
Should the revenue streams from these new businesses achieve the success we think possible, it is quite possible that estimates will prove too low.
leaving sun
Should Scott McNealy be leaving Sun Microsystems -- now?
aside step
I think Scott has to step aside so there is no confusion.
conference discussed looking people product
I think most of what people will be looking for will be discussed on the conference call. There's a lot going on in the product front.
avoiding changes deal good internal management massive needed people previous unable understood
Previous management understood what needed to be changed, but they were unable to make it happen, ... To actually make these changes is a massive challenge. It can't be done quickly. There will be people who will resist. There's no avoiding a good deal of internal conflict.