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Joe Panettieri  

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  • IBM: Calling The Bottom [View article]
    ctman2: I agree with your thesis. IBM will likely be a smaller company.
    Feb 11, 2015. 01:22 PM | Likes Like |Link to Comment
  • IBM: Calling The Bottom [View article]
    Best comment of all, Ronjenn.
    -jp
    Feb 11, 2015. 12:19 PM | Likes Like |Link to Comment
  • IBM: Calling The Bottom [View article]
    Today's "hardware" is increasingly the SoftLayer data center platform... Instead of building and distributing the physical boxes, IBM is essentially putting all the power right in its own power plants...
    Feb 11, 2015. 12:19 PM | Likes Like |Link to Comment
  • IBM: Calling The Bottom [View article]
    Your last sentence, in particular, is right on the mark.
    -jp
    Feb 11, 2015. 12:17 PM | Likes Like |Link to Comment
  • IBM: Calling The Bottom [View article]
    Hey Chris: We certainly agree on at least a few items... I'm long on RAX and CRM. Best, -jp
    Feb 11, 2015. 09:45 AM | Likes Like |Link to Comment
  • Cisco Earnings Preview: 4 Items To Watch [View article]
    Hi Hoiman: I appreciate your time and comment. Generally speaking CSCO is a well-run machine. But Cisco's track record in the consumer market earns a C to an F:

    - Set top boxes: OK
    - Digital living room systems: Dead on arrival
    - Flip video camera: Dead and didn't spot the GoPro opportunity
    - Umi Telepresence: Dead amid "good enough" Skype and Google Hangouts options
    - Linksys home networking: Sold off

    Keep that consumer-ish track record in mind as Cisco potentially moves into home management, vehicles, etc.
    -jp
    Feb 11, 2015. 08:44 AM | 2 Likes Like |Link to Comment
  • IBM: Calling The Bottom [View article]
    I think you have raised a valid point -- in terms of perception, but not reality. Thirty years ago, IBM was perceived as the best place to work. While IBM was celebrating mainframe sales in the mid-1980s, it failed to anticipate that the IBM PC would eventually make Wintel the dominant 1990s platform.

    By 1993 or so, IBM was suffering billions in losses and announced 60,000 job cuts, according to Challenger, Gray & Christmas.

    Sometimes when we look back, we harp on the "good old days." They weren't always good -- as the early 1990s showed IBM. By the late 1990s under Gerstner, IBM's services play put the company back on top without dominating the top hardware (x86 server) or software (Windows NT) markets. IBM can be back on top again without dominating the cloud or mobile markets. Instead, IBM must simply be (A) competent and (B) execute like crazy.
    -jp
    Feb 11, 2015. 12:35 AM | 4 Likes Like |Link to Comment
  • IBM: Calling The Bottom [View article]
    The big difference: The average NFL player career is 3 or 4 years. The average IT company is around a decade or two. IBM launched in 1911, and has evolved multiple times. I realize past performance does not guarantee future results. But I like the odds of an IBM comeback... or at least a share rally as the cloud and on premises markets begin to level out...
    -jp
    Feb 10, 2015. 11:12 PM | Likes Like |Link to Comment
  • IBM: Calling The Bottom [View article]
    In some ways I wish IBM's CEO seat was filled by a technologist -- like that of Microsoft, Google, etc. But don't forget plenty of sales pros have led tech companies -- Lou Gerstner chief among them.
    Feb 10, 2015. 09:13 PM | 5 Likes Like |Link to Comment
  • IBM: Calling The Bottom [View article]
    mjb: Thanks for taking the time to reply. Comment areas are a bit like watching MSNBC and then flipping to FOX... the views can be extreme. But I do appreciate them.

    Gerstner spotted the IT services opportunity long before most "tech" people. Why? Because he was once an IBM customer who really craved those types of services. And he went against the grain by keeping IBM together while most pundits called for/predicted a breakup.

    If Rometty just follows the pack toward cloud, mobile, big data, etc., then IBM can potentially do reasonably well and I'll potentially enjoy my value play plus dividends. BUT: I wonder if she can somehow go against the grain (like Gerstner...), do something really unique, and make IBM great again...
    -jp
    Feb 10, 2015. 09:05 PM | Likes Like |Link to Comment
  • IBM: Calling The Bottom [View article]
    Not sure it's a game changer. But at the least, z13 keeps IBM mainframe customers at the table... and key dollars flowing IBM's way.
    Feb 10, 2015. 08:56 PM | 2 Likes Like |Link to Comment
  • IBM: Calling The Bottom [View article]
    Vlad: You mention a rate hike as a potential concern. Agreed. Can't argue with you there. Hoping IBM stays focused on the customer, regardless. -jp
    Feb 10, 2015. 08:55 PM | Likes Like |Link to Comment
  • IBM: Calling The Bottom [View article]
    mjk: I concede. The old line about "nobody ever got fired for buying IBM" has been retired. But at $90B in annual revenues -- much of it involving mission-critical IT -- the company remains relevant to the vast majority of global 2000 companies and plenty of midmarket players. I wonder if they'll ever be relevant again to small businesses, tho. That's where cloud and SaaS potentially get IBM back in the door...
    Feb 10, 2015. 08:54 PM | 3 Likes Like |Link to Comment
  • IBM: Calling The Bottom [View article]
    wdchil: 3.4% of my portfolio would be far, far too risky for my personal tolerance. But I tend to be somewhat conservative compared to most tech investors. I agree that more headwinds may still await IBM. But the giant has finally woken up to the reality of key IT market shifts.
    -jp
    Feb 10, 2015. 07:32 PM | 1 Like Like |Link to Comment
  • IBM: Calling The Bottom [View article]
    Rometty's mistake, early on, was loyalty to Palmisano's word rather than urgently addressing customer needs.
    -jp
    Feb 10, 2015. 07:30 PM | 3 Likes Like |Link to Comment
COMMENTS STATS
128 Comments
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