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  • Can Apple Save IBM From Itself? [View article]
    There are 150 ETPs holding IBM in a basket on Fidelity. It doesn't matter what you are buying. They will be buying or they will be going out of business.
    Oct 23, 2014. 12:35 PM | Likes Like |Link to Comment
  • IBM's Woes Highlight A Major Risk To The Market [View article]
    Not sure where you are getting your net acquisition information from but in the 2012 annual report IBM says $3.7 billion for 11 acquisitions in key areas of software and services
    In the 2013 annual report IBM says that since 2000 Net acquisitions is $32B and they define net acquisitions as "**Net acquisitions include cash used in acquisitions and from divestitures."
    Oct 23, 2014. 11:30 AM | Likes Like |Link to Comment
  • Orders and prices higher at Ryland Group [View news story]
    Ryland stock RYL is now up over 1%. Revenues totaled $680.2 million for the quarter ended September 30, 2014, representing an 18.0 percent increase from $576.4 million for the quarter ended September 30, 2013;
    Oct 23, 2014. 10:36 AM | Likes Like |Link to Comment
  • Can Apple Save IBM From Itself? [View article]
    Block trades over $24B so far today buying IBM on weakness. Yesterday there was more buying which more than doubled by the close to over $134B all in block trades.
    If you see the block trades go up at the close, it may be either ETFs or mutual funds that are buying. ETFs can trade during the day, but at the close they have to buy the stocks that are in their new-created shares. So the volume you see during the day for IBM may appear to be lower because of the ETF buying which does not have to occur until the end of the day.
    There is as much total money going into IBM today as Microsoft, and more block trades into IBM than Microsoft.
    Oct 22, 2014. 03:18 PM | 2 Likes Like |Link to Comment
  • IBM: Perhaps A Time To Buy [View article]
    The stock is very cheap with a P/E of 10. It's had a nice bounce higher three times this past year. I really don't think it's going to get much cheaper. If you can average in while people sell it, you may have a cheap long-term holding. I'm not selling my shares. Wall Street over-reacts and buying stocks when they go down after earnings makes you more money in the long-term.
    A few buy ratings are out there for IBM but not many.
    COVERAGE REITERATED: IBM (IBM) reiterated by Stifel. Reiterated rating Buy. BRIEFING.COM - 7:42 AM ET 10/21/2014
    You could wait until they report 4Q in January but the stock may cost a lot more by then. I don't see any benefit in the shorts holding those positions when the fourth quarter is the largest in terms of revenue. IBM is now giving comparisons to the previous year without the businesses they sold. So it depends on if investors look at IBM's prepared material at announcement or if they read the fact that revenue will be less than the previous year on various media. In either case, IBM is certainly not going out of business, nor do they have to do anything like break up or do any of the other things that hedge funds come up with. IBM knows more about what is going on than they think and maintains their AA- credit rating.
    Oct 22, 2014. 09:51 AM | 1 Like Like |Link to Comment
  • Update: IBM Q3 Earnings - I Was Wrong About Earnings Quality [View article]
    It was a major mistake to not explain to investors a long time ago that when the sale of the fabs happened, it would hit earnings in one quarter. People sold their shares without understanding what happened to earnings.
    And I was against all of these sales and am persuaded to agree with the need for new management. There is so much focus in this bull market on revenue growth. IBM is not growing revenue as fast as they are selling it off. So many bloggers write articles that hit the news feeds about declines in IBM's revenue. It's truly misleading and contradicts the CEO's stated objective of getting rid of "empty calories". I disagree with that as well because everything worthwhile isn't about making money....and certainly not in every quarter of every year. However new management, especially from other backgrounds, may just be interested in breaking up IBM and selling it off, enriching themselves in the process. Or is that what this current management team is doing?
    Oct 21, 2014. 08:43 PM | 1 Like Like |Link to Comment
  • IBM's Woes Highlight A Major Risk To The Market [View article]
    Why do you look at revenue instead of net income? All revenue is not profitable. You can find many companies that are not profitable at all.
    Oct 21, 2014. 07:21 PM | 3 Likes Like |Link to Comment
  • Update: IBM Q3 2014 Earnings [View article]
    According to Credit Suisse has a 72% chance of going bankrupt in the next 2 years. Good luck to Kulbinder Garcha finding a job.
    Oct 21, 2014. 03:04 PM | Likes Like |Link to Comment
  • Update: IBM Q3 Earnings - I Was Wrong About Earnings Quality [View article]
    Many stocks have lower earnings this year as compared to last year. Just in the DJIA, CAT, CSCO, CVX, INTC, JPM, KO, MRK, WMT, XOM all have lower earnings.
    For 2014, IBM expects GAAP EPS to be flat to down -2%. That doesn't warrant this decline in the stock's price.
    Oct 21, 2014. 02:42 PM | 3 Likes Like |Link to Comment
  • IBM adds to losses as Street digests Q3 report [View news story]
    Someone is buying on the dip. IBM is number one on the buying on weakness page of WSJ.
    One thing to keep in mind is that comparisons YTD do not look so dire.
    3Q YTD for 2014
    Net Income from Continuing Operations 10,237 (GAAP)
    Diluted Earnings Per Share from Continuing Operations $10.09 (GAAP)

    Compare to
    3Q YTD for 2013
    Net Income from Continuing Operations 10,665 (GAAP)
    Diluted Earnings Per Share from Continuing Operations $9.60 (GAAP)

    Free Cash Flow (excluding GF Receivables) $14.2B for the previous 12 months.

    And 2014 is not over with the big marketing push for end-of-year results. The stock is down 6% for one year, and was significantly higher in Jan, Apr, and July.
    GAAP EPS for 2013 was $15.30. IBM's expectation for 2014 is a change of 0 to -2%. I am beginning to add shares. The P/E now based on GAAP earnings of $15.30 is 10.6.
    Oct 21, 2014. 01:15 PM | Likes Like |Link to Comment
  • IBM adds to losses as Street digests Q3 report [View news story]
    Here is a good article that summarizes what is happening.
    I still think IBM is a long-term value stock that should be in your portfolio. It is very undervalued by the market and continues to buy back shares.
    The recent deals with Apple and SAP are worth noting, as well as the double digit growth in new data, cloud and mobile offerings.
    Oct 21, 2014. 11:48 AM | 2 Likes Like |Link to Comment
  • International Business Machines' (IBM) CEO Ginni Rometty on Q3 2014 Results - Earnings Call Transcript [View article]
    First Apple-IBM enterprise products coming next month
    IBM developed apps with help from Apple for the banking, government, insurance, retail, telecommunications and travel and transport sectors. Software is highly profitable and should benefit IBM.
    Oct 21, 2014. 11:35 AM | Likes Like |Link to Comment
  • IBM: Immortal Dinosaur Or Walking Dead? [View article]
    IBM has made some recent partnerships such as Apple and SAP that should accrue to cash flow as well as cut their losing businesses. When they stated the cash flow objective, they said it did not include the gain from the divesture of the X86 business. Free cash flow was $5.8 billion down $800 million but actually up $700 million excluding the impact from cash tax. So when you consider new sources of revenue in the future that increase profit, and that are based on software with higher profit margins, while they eliminate business that aren't profitable, then cash flow should improve in the future.
    Oct 21, 2014. 11:24 AM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: China Q3 GDP Slows To 7.3% [View article]
    Rickards says China is going to crash and to not buy any Chinese company. Buy companies like IBM that sell in China.
    Oct 21, 2014. 09:01 AM | Likes Like |Link to Comment
  • Market Timing Report: 10-20% Correction Due To Extreme Sentiment And Leverage [View article]
    Don't buy China, buy IBM.
    Oct 20, 2014. 11:10 PM | Likes Like |Link to Comment