Thomas Kraemer - Although the results were solid, and we expect the stock...

Although the results were solid, and we expect the stock to respond favorably in the near term, we continue to rate the shares 'neutral' due to long-term concerns over IBM's server businesses and overall IT spending. Our surveys suggest that server and IT spending could weaken throughout the year, thereby questioning IBM's ability to meet revenue expectations.

Thomas Kraemer

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Thomas Kraemer Quotes

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Although the results were solid, and we expect the stock to respond favorably in the near term, we continue to rate the shares 'neutral' due to long-term concerns over IBM's server businesses and overall IT spending. Our surveys suggest that server and IT spending could weaken throughout the year, thereby questioning IBM's ability to meet revenue expectations. Thomas Kraemer

They Said So®

Keywords

results solid expect stock respond favorably term continue rate shares 'neutral' due long-term concerns ibm' server businesses spending surveys suggest weaken year questioning ability meet revenue expectations

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