Should the revenue streams from these new businesses achieve the success we think possible, it is quite possible that estimates will prove too low.
HP has a significant weight around its neck with its PC business, ... It cannot match Dell's business model.
There are a number of pieces of IBM's business that don't get as much credit as they should. These are categories that people had expected fairly little from and they are turning out to be quite strong, as is typical for systems companies and is certainly true for IBM.
Telecom is the largest piece of Sun's business and that has gone from being a negative to an increasing positive. Telecoms are back in an infrastructure build mode,