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Start Over
Big Blue returns from the deep as IBM shares revisit '87 record.
- Source :
- Wall Street Journal - Western Edition; 05/14/97, Vol. 136 Issue 94, pC1, 0p, 1 Graph
- Publication Year :
- 1997
-
Abstract
- Declares that computer maker International Business Machines has capped its recovery on May 13, 1997 from its near-death experience in the early 1990s. Graph featuring IBM's long struggle back from 1987 to its present high; IBM's downturn which had prompted the resignation of John F. Akers and the hiring of Louis V. Gerstner Jr. to succeed him; Gerstner's memo to employees which cheered the stock rise.
Details
- Language :
- English
- ISSN :
- 01932241
- Volume :
- 136
- Issue :
- 94
- Database :
- Supplemental Index
- Journal :
- Wall Street Journal - Western Edition
- Publication Type :
- News
- Accession number :
- 9706237558