SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : IBM
IBM 313.78+1.4%10:34 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Robert Scott Diver who wrote (6985)11/12/2000 6:22:42 PM
From: chic_hearne   of 8218
 
Would you care to explain why you think buybacks are "ridiculous". IMHO this isn't the view of the majority on Wall Street.

IMHO, buybacks that IBM is doing are far better than the dilution that is happening with stocks like Cisco and their excessive granting of stock options. Would you rather have buybacks like IBM or 80,000,000 new shares per quarter like Cisco?

IBM has other problems, like a deteriorating balance sheet and this in part is being fueled by buying back shares with money they don't have.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext