Listened to IBM CC: BORING. 24 CHARTS from CFO, and endless confabulations.
However, Q+A was mildly interesting, many House analysts wanted to revisit how Blue was going to conjure up that $900 million in 'productivity gains'. CFO said he'd put more details in 10-Q, like later,dudes.
Also, NO ONE asked about that Disk Drive fire sale loss being excluded, while the revenues from same were included.
Guess the WS geniuses need more time to figure it out.
Meanwhile, IBM was up to $70 AH, and MSFT was dragged up with it.
I figured that this week with INTC puke-age, IBM spin-age and MSFT fluff-age, was just too good to pass up, for maximum volatility. Oh well, sold my QQQ AH for +.60 from closing. Going back to nurse my Nov putskis through another interesting day, tomorrow.
James |
