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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (34263)	10/21/1998 12:32:00 AM
From: J. P.	Read Replies (1) of 132070

< To all, notes on the IBM joke> Read your notes, and I agree. But hasn't it been thus for IBM for the last 6 quarters? I thought IBM was a big ponzi scheme to issue bonds and use the money to buy back stock to increase EPS and live off the rise in their own issue because they are having trouble growing the top line with hardware and are relying on service revenue of late. P.S. I'm glad I didn't follow your negative comments on MER because I've been feasting on the long side after having scooped it up cheap. Hey man when they call chow time I follow the herd to the mess hall.

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