SoundView Financial Group Inc – successor to Gartner Group – is becoming a super-bull of IBM’s AS/400, reckoning that the new mid-range machine contributed to less awful than expected third quarter figures for IBM, and will bolster the company’s fourth quarter and carry over into next year: it now believes the company will ship 25,000 of the things this year and another 45,000 next, generating $12,400m mid-range business for the company in 1989, up from a projected $8,300m this year, which would represent on its own more than two-thirds of the projected growth for 1989 in the total mid-range market.
