[Search for users] [Overall Top Noters] [List of all Conferences] [Download this site]

Conference 7.286::digital

Title:The Digital way of working
Moderator:QUARK::LIONELON
Created:Fri Feb 14 1986
Last Modified:Fri Jun 06 1997
Last Successful Update:Fri Jun 06 1997
Number of topics:5321
Total number of notes:139771

2350.0. "Value of Business Lines" by TAVIS::BARUCH (in the land of milk and honey) Thu Jan 28 1993 12:31

An article in Business Week of 18th January 1993 estimates the value of IBM's
businesses as follows:

-------------------------------------------------------

	Business Line		Estimated Value
				$ Billions
        ---------------------------------------
	Mainframes			2.9
	Minicomputers			1.3
	Workstations			3.3
	Personal Computers		6.8
	Storage Products		3.3
	Printers			0.5
	Software		       13.8
	Services		       27.0
	Other Businesses		2.3
				      ------
	GROSS VALUE		       61.2
				      ======

	TOTAL IBM
        ---------------------------------------
	Gross Value		       61.2
	Estimated Future Charges       -9.8
	(after taxes)		
	Long-term debt and 
	Other Liabilities	      -12.8
	(net of working capital)
				      ------
	ESTIMATED NET VALUE	       38.6
				      ======


	Estimated Net Value Per Share		$67
	Recent Stock Price			$48 7/8
	Book Value Per Share		   **	$54  

	** as of Sept 30, net of $7billion in announced forth quarter charges.

-------------------------------------------------------

Has anyone seen a similar breakdown of value of business lines for Digital,
prepared by some business analyst or another.  I need it for a meeting early
next week.  A reply here or a mail to me at TAVIS::BARUCH would be appreciated.

Please post only information that is OK for publication (no analysis for 
internal purposes only).

Shalom
Baruch
T.RTitleUserPersonal
Name
DateLines
2350.1YNGSTR::BROWNThu Jan 28 1993 16:095
    The Business Week article went on to point out that IBM was one of the
    few companies that could be broken down like that, and even then there
    were hazy edges.  DEC has internal structural differences that tend
    to overlap (engineering, for example) that can't clearly be divied up.
    Anyhow, good luck.
2350.2SICVAX::SWEENEYPatrick Sweeney in New YorkSun Jan 31 1993 00:0013
    No breakdown by lines of business is published by Digital or made
    available to Wall Street analysts.

    Any breakdowns by lines of business that you might find is a pure
    guess. In fact, the analysts that know Digital the best do not even
    make the attempt.  Digital reports product sales and services sales as
    separate items and you can look them up for any quarter.  Digital
    sources were widely quoted recently saying that the PC business has
    exceed $1 B.

    Whether Digital has information systems that make such numbers known to
    anyone, or even whether such an accurate breakdown exists anywhere is a
    matter of speculation.