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Strategies & Market Trends : Free Cash Flow as Value Criterion

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To: Reginald Middleton who wrote (176)11/8/1997 9:45:00 AM
From: Jules B. Garfunkel  Read Replies (1) of 253
 
Reggie,
Thank you for your revised chart on IBM. Unfortunately, it is difficult to read, as the columns do not line up well. Therefore, would you be kind enough and provide us with your overall assessment;
What do you think IBM's fair market price should be given the circumstances?
What is a fair market multiple, in your opinion, for the company?
Jules
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