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IBM Drops as Market Reacts to Ambiguity About 4Q Results



(IBM) - Get International Business Machines (IBM) Report

was down 14.8% in preopen


TheStreet Recommends

trading after

reporting third-quarter EPS of $1.08, meeting the

First Call/Thomson Financial

estimate and ahead of the year-ago 90 cents. The company's sales were below expectations, however, and its revenue outlook disappointed analysts.