delano59

IBM: Reassurance from Big Blue

On Oct 09 03:50 AM Jase wrote:

> Investa Mania,
>
> IBM is clueless. Do you really think that beyond their 1-year outlook
> that revenue will remain steady? Way too much exposure to emerging
> markets, way too optimistic an outlook. IBM should be trading below
> $40 if we're going to price in what's in store for them in this economy.
> Take a look at SAP. It's tanking. IBM is extremely overvalued. I
> wouldn't pay more than 5x forward for this bloated thing. Want to
> change my mind? Do two things for me: tell IBM to triple their dividend;
> and show me some earnings that don't rely so heavily on luck in the
> currency markets.
> IBm is guilty of cooking the 2008 financials. The cpa's [certified public asasians] din not put the 11 billion loss in pension funds thru there p&l [profit and loss ] ,because cpa brains let the charge go straight to shareholder equity, which fell by 11 billion. They have no working capital. The other joke is the huge "other Asset 36 billion sitting on the balance sheet? What is it? ibm is a foreign company 53,000 employees in India. President Obama will pass up any business with this job -loss-virus company. The voul man directing this global fiasco should play the horses if he knows the future.
piss-d