IBM generally responds to any query relating to matters not yet formally announced by the company with it is not our practice to speculate on market rumours, but there is a splendid long version that was given to the Wall Street Journal by a flack in Armonk on Friday: must take a lot of practice to get It’s our practice not to speculate on rumours; if and when we have an announcement of any kind, it will be made in an orderly and timely way, not in response to rumours; we feel that’s the responsible thing to do off pat and word perfect.