Word: gerstner
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...service, Free-pc.com offers a free 300-MHz PC if you are willing to devote one-eighth of your desktop to a perpetual series of scrolling banner advertisements. It's hard enough to compete with low-priced rivals, let alone free ones. Maybe that's what prompted IBM CEO Louis Gerstner to write in a March letter to shareholders, "The PC era is over...
...least for IBM it is. What an astonishing statement from the head of the company that created the PC industry! But last week Big Blue announced that it lost a billion dollars on PCs in 1998. Gerstner believes the future is in networks and servers, both IBM strongholds...
WHOM YOU'LL SEE Bob Dole, Scott McNealy, Linda Wachner, Harvey Golub, Steve Case, Lou Gerstner, Richard Meier, Dr. Ian Wilmut and Colin Powell...
...race to mix and match technologies, Idei has been forging as many business alliances as possible. Besides Grove at Intel, the Sony chief is spinning deals with Microsoft. Last April, Microsoft paid $425 million for WebTV Networks Inc., an Internet software provider that uses Sony hardware. IBM's Lou Gerstner could be a key partner in shaping a future DVD format. In May, through Idei's personal connections with Rupert Murdoch, another Sun Valley buddy, Sony announced it would cooperate with News Corp., Fuji Television Network and Softbank, the Japanese company that owns Ziff-Davis and the comdex computer shows...
...volume and posting record gains, the Dow closed up 337 points Tuesday, retracing more than 60 percent of yesterday's record-setting slide. It may have happened because America's biggest cash-holders took matters into their own hands. "A lot of people are saying that IBM chairman Lou Gerstner saved the market (with this morning's $3.5 billion stock buyback)" says Fortune Magazine's Nelson Schwartz, "And they might be right. Investors love it--it shows that the company has both confidence in its stock and a lot of cash, and it insures that outside investors have liquidity, because...