IBM Message Board - Msg: 3284821

STOCKTALK

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 300.98

+0.2%

Dec 19 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Earlie who wrote (2230)	1/28/1998 5:19:00 PM
From: Hsien W. Chang	Read Replies (2) of 8219

I believe you are correct that IBM shareholders' equities have been declining qtr by qtr. However, I believe you are badly mistaken by insisting that IBM is buying back stocks by borrowing. Like I mentioned to you previously, IBM's core debt is around 3.0+ billions. IBM Credit Corp's debt is high because it needs the money to lend out to help customers to finance leases. IBM has a yearly cash flow of 8.0+ billions. Why should they go out to borrow money to buy back stocks!! Do you have specifics on the borrowing to buy back stocks? Thanks

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next