A short Instablog- Dana Blankenhorn with a focused critique of IBM (NYSE:IBM) and its stock. I have been negative on IBM shares since the summer, with several articles on this topic published on Seeking Alpha.
We can all respect IBM for its wondrous past and current great achievements but still be objective about recent trends and lack of clear growth drivers. Whether the crisis is existential as Mr. Blankenhorn suggests is not my point. Readers may wish to decide if IBM is in crisis or not. It may well be.