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Big Blue returns from the deep as IBM shares revisit '87 record.

Authors :
Ziegler, Bart
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