Steve Milunovich
Steve Milunovich
concerns continued mostly negative networking october parts psychology spending technology weakest
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.
compared earnings easier economy expecting half last percent profits second start tech tough year
We're expecting a pretty tough first half of the year -- tech profits will be up about 10 percent this year compared to 30 percent last year, ... But by the second half of the year, the economy may brighten, earnings comparisons are easier and we could start to see an easier tech tape.
benefits executives measurable pressure users
Users will be under pressure to show the benefits of these new technologies, ... Executives will want measurable results.
companies fourth hardware ibm light possible quarter sales saw seeing software weakness
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.
companies fourth hardware ibm light possible quarter sales saw seeing software weakness
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.
earnings fourth improve momentum
Earnings momentum bottomed in (the fourth quarter) and will improve in 2000,
circumstance companies continue drive expect gain internal internet revenue web worst
The Internet infrastructure build-out should continue in all but the worst circumstances, ... We expect companies to use Web technologies more to gain internal efficiencies than drive new revenue streams in 2001.
affect begin cuts earnings easy economy fed half improve improves likely momentum news rate second
The news should improve in the second half as likely Fed rate cuts begin to affect the economy and earnings momentum improves on easy comparison,
direction factor pointing swing
That is a swing factor for them going forward. And it's pointing in the right direction for them.
competition government ibm mostly remains seeing strength sun
Sun is seeing some strength in government and healthcare, but competition -- mostly with IBM -- remains acute,
gun smoking
There is no smoking gun in IBM's 10K.
difficult expect half improving landing prices question second soft stock versus
We expect the first half of 2001 could be difficult with fundamentals and stock prices improving in the second half, ... The question now is: 'Hard landing versus soft landing?'
call premature
We think it's premature to call the turn.
although april chain pc showing
Although there was some improvements in the PC chain in February/March, April is showing weakness.