Louis Gerstner Ongoing Quotations

we are facing a number of significant short-term issues, including an uncertain global economic environment, ongoing weakness in some parts of Asia and Latin America, and continued price pressures in semi conductors.

These results show the ongoing strength of our broad business portfolio, ... We saw very good customer response to our new System/390 servers and continuing strength in services and hard disk drives.

In 2001, the company faces concerns that economic softness in the United States could worsen and expand into non-U.S. markets, ... Increasingly aggressive price competition and the potential effects of ongoing adverse currency movements are other areas of volatility.