Steven Milunovich Believe Quotations

We believe that this services review -- due to complete in mid-August -- is necessary, but will again detract from the main goal of increasing revenue just as the sales force realignment did in previous quarters,

We believe that IBM is a second-half story and now we're there. We believe earnings growth should take the stock higher and we'd be even more optimistic if we had confidence in execution. We think the key to long-term appreciation is figuring out if IBM is a new technology or old technology stock. It's some of both now.

We believe that the accounting seems to proper and the company reports that it has been reviewed and approved by its auditors.