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April 14, 1988

GARTNER COMMENTS ON IBM RESULT

By CBR Staff Writer

There have been several false dawns in IBM’s three years of tribulations so few are pinning too much hope of sustained recovery from one quarter’s positive figures – but on the upside Gartner Securities reckons that the MVS/ESA announcement unlocked potentially very substantial demand for the 3090, pointing out that there are still $11,000m of 308X machines out there whose users may now be persuaded by ESA to upgrade to 3090; that many are taking the plunge is indicated by the fact that according to Gartner, used 308X prices have plunged 60% over the past six months after standing firm for the previous 12.

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