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Henry Shine

Henry Shine
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  • IBM Continues To Crumble [View article]
    If Jordan Belfort is the Wolf of Wall Street, then Ginni Rometty is the Dog of the Dow. Both have spent much of their time deceiving the masses on the true state of affairs.
    Dec 19, 2014. 04:31 AM | 1 Like Like |Link to Comment
  • IBM Continues To Crumble [View article]
    You may tire of hearing it, but the decline of IBM as a great place to work is true. And if talented people don't want to work for the company, then its future is not bright.
    Dec 19, 2014. 04:20 AM | 4 Likes Like |Link to Comment
  • Is IBM Suddenly Vulnerable To A Takeover? [View article]
    It is hard to call IBM an American company anymore. 20 years ago it had 400K employees (300K in the USA and 100K overseas). Now it still has 400K employees (100K in the USA and 300K) overseas. The location change was all about salary reduction. The sad thing is that their relentless focus on cost cutting and outsourcing has been their only strategy and now that have been exposed.

    Honestly, as IBM is still so big in size, I wonder whether there is anything left that is worth the effort to save. Most potential suitors will realise that the energy and capital required to keep such a behemoth afloat would pay much high dividends if expended elsewhere.
    Nov 25, 2014. 12:33 AM | 1 Like Like |Link to Comment
  • IBM's Demise Is Not Over [View article]
    IBM's DNA is built around serving (and charging) enterprises clients a traditional 5 course sit down meal. However, enterprise clients have started tasting the fresh yum cha delicacies that start-up technologies offer and their palettes will not not quickly going to return to Big Blue's slow cooked potatotes. In short, the customers appetite has changed and IBM's kitchen is still built for yesterday's menu.

    To effectively retool IBM kitchen would mean IBM's restaurant would need to close for 6 months, rehire new staff and develop a new strategy. They may try and retool while still being open for business, but all that will do is give poor ambience to clients who eat while the renovations are going on. It also means the renovations will go more slowly as customers get in the way of efficient change. IBM's 'demise' has further to go.
    Nov 12, 2014. 10:25 PM | 1 Like Like |Link to Comment
  • IBM's Problems May Be Fatal [View article]
    @ User 447867: It might signal a problem if we only want SA to publish articles that re-affirm our investment decisions.

    While the article draws some conclusions, it comes to those conclusions largely on the basis of facts, like YOY sales revenue decline.
    Aug 21, 2014. 04:22 PM | Likes Like |Link to Comment
  • Revenue Growth: What Has Happened To IBM's Sales Culture? [View article]
    I agree that IBM's proud history lies with the research and delivery talent, and products and salesmen of old.

    Today, IBM's cancer starts at the top. The required culture change means purging the top and valuing the average worker. Unfortunately, self serving human nature means this is unlikely.
    May 14, 2014. 06:32 PM | 3 Likes Like |Link to Comment
  • Revenue Growth: What Has Happened To IBM's Sales Culture? [View article]
    Game Set and Match. You have nailed IBM's problems to a tee. The cat is now out of the bag.
    May 12, 2014. 08:10 PM | 5 Likes Like |Link to Comment
  • 3 Reasons To Avoid IBM [View article]
    Dr J is entitled to wishful thinking. We all have biases based on how we are invested.

    While I take some note of the financials, charts and articles, I also take them with a grain of salt. These are often 'presented' using creative techniques and don't reflect the reality on the ground. I have seen this over many years from the inside, so I am not intimidated just because a distinguished educator can't see it.

    As indicated previously, the number one reason for me to avoid IBM is the massive brain drain that has occurred because of relentless cost-cutting values. People use to be IBM's greatest asset, but it is disposing of them like they are now its greatest liability.

    Customers use to pay a premium for IBM quality and service. That no longer exists. IBM must now compete on price, a battle it will lose because of its 2nd rate business structure. Case in point, If Lenovo can make a profit from PCs and servers, but IBM cannot, then that should scream operational and execution problems.
    Feb 3, 2014. 11:44 PM | 3 Likes Like |Link to Comment
  • 3 Reasons To Avoid IBM [View article]
    Dr Jacques, Do you work at IBM? I too have followed the IBM's announcements including the development of Watson. While the announcement was greeted with fanfare, where is the substance of revenue growth that Watson will produce?

    Ginni will not be around in a decade to deliver on her $10B promise. Based on those in the know, she will be lucky to see out the year. At the end of the day, Ginni is just a figure head. The mass exodus (RA and voluntary) of talented staff is leaving IBM with employees who are not good enough to get jobs elsewhere. No matter how good IBM's strategy is in theory, IBM won't have the quality people to execute it. Unless of course, IBM plans to replace its sales staff with Watson too.
    Feb 3, 2014. 04:39 PM | 5 Likes Like |Link to Comment
  • 3 Reasons To Avoid IBM [View article]
    To anyone who is positive about IBM's future, I challenge you to find someone who currently works at IBM who feels the same way. Those closest to IBM know that any future growth is a mirage. Soon the pretence will be gone and IBM's stock will fall below $150.
    Feb 3, 2014. 03:20 PM | 6 Likes Like |Link to Comment
  • IBM reportedly considering sale of software-defined networking unit [View news story]
    Desparation. It seems IBM will consider selling anything so it can stay afloat until it reaches its 2015 destination.
    Jan 28, 2014. 07:10 PM | Likes Like |Link to Comment
  • IBM - Revenues Continue To Slide As Stabilization Is Not In Sight Yet [View article]
    Last year, the rumored price Lenovo were discussing with IBM for the x86 business was between $2.5 and $4.5B. By waiting they picked it up for $2.3B. It seems the value of IBM's offerings is falling. Deflating prices does not bode well for increasing sales demand.
    Jan 23, 2014. 06:40 PM | Likes Like |Link to Comment
  • IBM to sell low-end server unit to Lenovo for $2.3B [View news story]
    Selling the farm does not make you rich, it just means you starve in the long run.

    IBM's decline is accelerating.
    Jan 23, 2014. 03:18 PM | Likes Like |Link to Comment
  • Dear Warren, About IBM... [View article]
    Meanwhile, over on hypothetical response to this letter, the IBM supporter commentators are in denial. They still think Warren made a great investment.

    The IBM numbers do not lie. Today IBM's stock is down 10% YTD - at $172 and still dropping. Smart investors do not buy to make a 10% loss each year.
    Dec 12, 2013. 09:21 PM | Likes Like |Link to Comment
  • Warren Buffett's (Hypothetical) Answer To Arne Alsin's Letter On IBM [View article]
    @ David, Yes, time will tell if $177 is the bottom of IBM's current down cycle. In theory, IBM can make a strong case as to why WB and others should buy their stock. My short assessment is based on IBM's operational and workforce challenges. If you can't execute, then patents and technology are useless.
    Dec 3, 2013. 10:50 PM | Likes Like |Link to Comment