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.
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Earnings momentum bottomed in (the fourth quarter) and will improve in 2000,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.
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No color was provided, and there is no conference call before the April 17 release,
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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.
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Sun is seeing some strength in government and healthcare, but competition -- mostly with IBM -- remains acute,
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