Gerstner Quotes

You can never be comfortable with your success, you've got to be paranoid you're going to lose it. - Lou Gerstner

Y2K continued to hurt us, but that's over now... We're putting it behind us and we are getting our businesses back on track. - Lou Gerstner

We're probably about five years into a 30-year cycle of transformation... But there is simply no doubt that 25 years from now, when people reflect on the seminal changes of the early days of the century we are about to begin, the impact of networked computing will stand in relief. - Lou Gerstner

We would like to have seen more revenue in the quarter, but we were held back by three items... First, demand for our microelectronics products -- from both outside customers and internal IBM customers -- far outstripped our ability to supply components. Second, the upcoming release of our new high-end server slowed demand for the System/390 family of servers. Finally, parts of our software business slowed unexpectedly in September. - Louis Gerstner

We want to hear from our listeners and encourage them to call in during the show with questions and comments. - Richard Gerstner

We are facing a number of significant short-term issues, including an uncertain global economic environment, ongoing weakness in some parts of Asia and Latin America, and continued price pressures in semi conductors. - Louis Gerstner

Watch the turtle. He only moves forward by sticking his neck out. - Lou Gerstner

Unless we arrest the wasting decline of our public schools America is destined to be an also-ran in the emerging digital economy. - Lou Gerstner

This was a solid quarter, with earnings per share up 20 percent and an acceleration of revenue growth relative to the first half of the year. - Louis Gerstner