pochovilla

IBM: Is It Really a Tech Tell?

Is any company a proxy for tech, banking, housing or the economy? The talking heads will proclaim yes and goldilocks marches on. We live in a sound bite headline grabbing "entertainment" world. The lambs will follow. In reality each stock must be evaluated on it's own merits. Would I buy AMD because Intel looks attractive vs "revised expectations"? Would I buy ALU, NT because IBM had decent performance? Would I believe MER is a buy because the market has discounted all or most of the sub-prime issues? Some skepticism is good, cynicism is not. You're making good points. Come back to this in one month, two months, one year.