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Technology Stocks : IBM
IBM 310.73-0.6%Dec 11 3:59 PM EST
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To: Jim Koch who wrote (4112)10/25/1998 7:16:00 PM
From: Jules B. Garfunkel  Read Replies (1) of 8218
 
Hello Jim,
Tell us, if IBM's Hardware and Software Divisions revenues are flat to down, over the last few years, what is IBM financing? Are they lending money out to Malaysian, Russian, Venezuelan, companies in order to finance their service and consulting contracts.
Loans that perhaps banks would not take on because they were considered too risky?
Take a good look again at my figures on the decrease of Shareholders equity over the last four years.
Jules
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