Did IBM Software Failure Lead Customer to Bankruptcy? [View article]
Most of these Wall Street writers or analysts are just a bunch of brainless mouth-pieces, they look at news headlines and start their wild speculations, blowing a mountain out of a mole hill.
Did IBM Software Failure Lead Customer to Bankruptcy? [View article]
2007 total operating revenue was $257.87 millions, averagely $64.45 millions per quarter and making $0.82 per share.
the bookings of q4-07 was $81.8 millions....
let's assume bookings/revenue to be only $70-75 millions a quarter for 2008.
the 2008 revenue will be $280-$300 million.
assume operating expense per quarter to be $58 millions(it was only $54.5 millions in q4-07).
Non-GAAP earnings for 2008: $48-68 millions eq. to $2.28 - $3.23 per share(using 21 million shares to calculate).
Why sell i2 at this time? anyone?
Did IBM Software Failure Lead Customer to Bankruptcy? [View article]