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Momintn

Momintn
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  • Salesforce.com: Aggressive Accounting And Public Relations Remain A Worry [View article]
    There are more people selling today than buying on Fidelity.
    Aug 30 11:32 AM | Likes Like |Link to Comment
  • IBM: A 'Startup' On The Verge Of Monetizing The New Era Of Computing [View article]
    Read my reply to you on the other thread.
    Aug 30 09:47 AM | 1 Like Like |Link to Comment
  • My Top Investment Priority: Buy IBM Stock [View article]
    I read it and not that many in his 83 years. So he was early on the housing recovery. So something went down in 2008...what didn't?
    Aug 30 09:46 AM | 1 Like Like |Link to Comment
  • My Top Investment Priority: Buy IBM Stock [View article]
    You are only down 2.8%. I don't average down on that small of a dip. But if I am accumulating a position, I try to pick the lowest price of the week or the month, and put in buy limit orders. I get more interested if my position is down over 8% and it does happen because people put in sell stops at 8% loss.
    Aug 30 09:42 AM | Likes Like |Link to Comment
  • My Top Investment Priority: Buy IBM Stock [View article]
    Good article on why Buffett buys IBM.
    http://bit.ly/194ZeF5
    Aug 30 09:18 AM | 1 Like Like |Link to Comment
  • My Top Investment Priority: Buy IBM Stock [View article]
    This is not the time to sell hardware business in my opinion. All hardware is down right now because of the uncertainty in the global economy. It will bounce back.
    No one has proven that "the cloud" makes money. Eventually Amazon shareholders are going to demand that Amazon make money. They reported a loss in June. At some point, shareholders will say "show me the money". Then they will raise their price, and the price to do business with IBM will look better. And a few more down days on Amazon's retail website may slow down the idea of putting your company backbone "in the cloud".
    Aug 30 09:14 AM | Likes Like |Link to Comment
  • IBM: A 'Startup' On The Verge Of Monetizing The New Era Of Computing [View article]
    Why Buffett is accumulating IBM shares.
    http://bit.ly/194ZeF5
    Aug 30 09:04 AM | Likes Like |Link to Comment
  • My Top Investment Priority: Buy IBM Stock [View article]
    That is why Cramer has lost credibility with me. This week he was even talking about Tesla on his show while you can clearly see that it is in a bubble. When I talk with people about stocks, and yes there are still a few who want to buy individual stocks, they tend to want to buy stocks that have already run up. They do not foresee that after earnings the stock may fall.
    Aug 30 08:36 AM | 1 Like Like |Link to Comment
  • My Top Investment Priority: Buy IBM Stock [View article]
    Salesforce.com reported second quarter earnings of 9 cents per share "excluding items".....whoopie! with no P/E...
    Aug 29 09:32 PM | 2 Likes Like |Link to Comment
  • My Top Investment Priority: Buy IBM Stock [View article]
    Earnings estimates are going up.
    http://on-msn.com/16V0RoG
    Amzn's June quarter earnings was a loss of .02
    Aug 29 09:28 PM | Likes Like |Link to Comment
  • My Top Investment Priority: Buy IBM Stock [View article]
    You look like that type.
    Aug 29 09:22 PM | 2 Likes Like |Link to Comment
  • IBM - Continued Struggles In The Cloud [View article]
    IBM acquired SoftLayer Technologies, the world’s LARGEST cloud computing infrastructure provider to bolster its cloud services portfolio. IBM intends to roll the SoftLayer and the SmartCloud into a new cloud services division and expects it to generate $7 billion in revenue by the end of 2015.
    Aug 29 09:20 PM | 1 Like Like |Link to Comment
  • My Top Investment Priority: Buy IBM Stock [View article]
    I do not recall any time when CNBC said to buy IBM. Most of my life, I have heard the media attempt to trash IBM's stock. So you really can't pay much attention to them. The best thing they ever do is just ignore the company. They cannot even cover one bit of news on the company. So if you are waiting for the media to tell you to buy IBM you can forget it.
    But if you go back and look at performance before this year, IBM has beat the S&P 500 and returned close to 10% annually. This year is not over, and I suspect this is going to be the best time to buy the stock.
    Aug 29 08:57 PM | 6 Likes Like |Link to Comment
  • My Top Investment Priority: Buy IBM Stock [View article]
    Adami is frequently wrong. In fact they pointed to one of his mistakes tonight on AEO.
    Aug 29 08:51 PM | 4 Likes Like |Link to Comment
  • IBM - Continued Struggles In The Cloud [View article]
    From this website:
    Thursday, Aug 15
    12:50 PM
    IBM scores $1B cloud services deal; Trusteer price reportedly $800M-$1B
    The Department of the Interior has awarded IBM (IBM -0.6%) a 10-year, $1B contract to provide a slew of cloud infrastructure services.IBM's SmartCloud government and enterprise offerings are part of the package, as are SAP app hosting and cloud services tied to IBM's AIX (UNIX) OS.The contract is IBM's biggest government cloud win to date, and comes as Big Blue continues to protest a $600M contract granted to Amazon Web Services by the CIA. IBM significantly grew its cloud infrastructure/Web hosting reach in June by acquiring private SoftLayer for a reported ~$2B.Meanwhile, Israel's Ynet reports IBM paid $800M-$1B to acquire threat-protection software vendor Trusteer. IBM notes 7 of the top-10 U.S. banks, and 9 of the top-10 U.K. banks, use Trusteer to protect against "financial fraud and cyber attacks."Like many security software upstarts, Trusteer relies on a cloud-based architecture to monitor Web activity and protect client hardware (inc. mobile devices)

    Obviously IBM is not struggling in the cloud as they won the Dept of Interior contract, and you would not have Amazon so fearful of a review that might lose their contract to IBM. IBM continues to make acquisitions in key growth areas, while they divest less profitable businesses.

    Let the market be wrong, buy on weakness, and ignore trolls who post negative sentiment every day. It isn't worth arguing with people who cannot even look up information before they make something up. Let them short the stock all they want because that will just give you and IBM cheaper prices to buy it. Eventually there will be no stock left to sell and you will have a large meaningful position in the best global technology company in the world.
    Aug 29 08:48 PM | 3 Likes Like |Link to Comment
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