At that time, we also recognized that we'd feel price pressure in PCs and hard-disk drives. And our expectations here were right on track as well.
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Let me just say once and again that we are proud of our accounting and disclosure practices. We hope this issue is behind us and we'd like to move on.John Joyce
Based on where we stand today, we expect to make these estimates.
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IBM's strategy is to deliver superior business value through the fusion of business and technology.
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That's the thing about money in the United States and worldwide. It's constantly circulating.
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We remain on track for your consensus earnings per share estimate for 2001, which is consistent with our longer term business model.
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