The fact that the UNIX business is showing a little bit of life here is encouraging. They've still got a little ways to go, but they actually did a little better than I would have thought.
More Quotes from Steve Milunovich:
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.Steve Milunovich
Then again, Lou Gerstner was IBM's fifth choice.
Steve Milunovich
No color was provided, and there is no conference call before the April 17 release,
Steve Milunovich
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,
Steve Milunovich
Sun is seeing some strength in government and healthcare, but competition -- mostly with IBM -- remains acute,
Steve Milunovich
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.
Steve Milunovich
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