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February 17, 1988

IBM’S MVS/ESA LAUNCH HAS POSITIVE INFLUENCE ON ITS SHARES

By CBR Staff Writer

IBM’s MVS/ESA launch has given the company’s share price its best couple of days since Meltdown Monday, with a much more positive reaction than the one that greeted the tumultuous reorganisation: the shares were up four bucks on Friday ahead of the announcement, and added another $1.50 when trading resumed on Tuesday, taking them up to $113.50.

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