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Software Artistry Inc

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December 24, 1997 | From Bloomberg News
Shares of help desk software maker Remedy Corp. fell 34% on Tuesday on concern that its earnings will be hurt by IBM Corp.'s acquisition of Software Artistry Inc. Remedy shares plunged $11.31 to close at $21.56 in Nasdaq trading. The Mountain View-based company, which helps firms monitor problems that employees have with their computers, has had an informal agreement with computer maker IBM in which Remedy's programs were used in IBM consulting projects.
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