At Ibm, Nothing But Big Blue Sky For Now

Mainframes, E-commerce, and services have it soaring

Pop quiz: What computer company's stock has skyrocketed 50% since June--and it's not an Internet startup or a pure play in software or personal computers? The answer: IBM. Shares of Big Blue, which is in all those businesses and more, are hovering around $160, up from $106 in June. That's right up there with Dell Computer Corp.--and well ahead of Microsoft Corp., whose stock is up approximately 16% in the same period.

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