Bob Djurdjevic Quotations

These companies, in their own way, all are in trouble and cutting back their capital spending and budgets, and that's why the IT services vendors are feeling the pinch as well, ... That cannot be said of the small and medium-sized enterprises, which is typically Sun's bread-and-butter marketplace.

The way I would characterize what I saw today is, they're on a slow path of improvement. It's not a sprint.

Only the degree of severity of the decline will vary from one company to the next.

The answer obviously has to be in diversifying the customer set, drilling down deeper into the smaller and medium-sized companies,

Prior to 1994, IBM didn't have the kind of structure it has now. They also had silos,

You put it all together and what it tells me is they're losing more business than they're selling. And that's a worrisome sign.

This is exactly what IBM went through during that time frame.

If anyone wants to look at the quantum leap at IBM, they should look at profit margins. Investors have to be savvy enough to accept the fact that sometimes smaller is better, but that's not the mentality on Wall Street. That may be why IBM is not getting the credit they deserve.

What he is saying is we expect to meet the expectations thanks to this additional source of revenue, not from our existing ongoing operations,

That's been the sales pitch I've been hearing from all these companies.