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Technology Stocks : IBM
IBM 305.72+2.6%Jan 16 3:59 PM EST
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To: Victor Lazlo who wrote (7916)6/3/2003 12:39:54 AM
From: Arrow Hd.  Read Replies (1) of 8220
 
Victor, the Barron's piece was trying to make a bear case. When you are analyzing a company as large and as diversified as IBM You can spin it a lot of different ways.
For instance, for years IBM was taken to task for buying back stock instead of investing for the future or for strategic reasons. So they buy PWC which was a huge coup at the price IBM paid and all of the sudden that doesn't count anymore. Take a break Victor, you're hyper-ventilating.
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