Graham and Doddsville -- Value Investing In The New Era Message Board

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Strategies & Market Trends : Graham and Doddsville -- Value Investing In The New Era

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To: porcupine --''''> who wrote (1151)	1/30/1999 5:34:00 PM
From: Knighty Tin	Read Replies (1) of 1722

Porcupine, And since they are done with debt, as IBM is bleeding cash, they have a way of leveraging the sucker shareholder at the very time the tech market is falling apart. Great idea, this buy high with debt, sell low concept. <G> The entire flim flam, in this case, is to sell the long term birthright of the firm so mgt. meets their bonus hurdle today. MB

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