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

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.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Knighty Tin who wrote (1159)	1/30/1999 7:15:00 PM
From: yard_man	Read Replies (2) of 1722

This keeps coming up an I still find it amazing that the management of companies act in such a shortsighted manner for their own selfish interest. Obviously, IBM has some financial, technical and brand name inertia in the IT business. They fumbled a lot of crap -- PCs, then PC OS's, and probably a host of other things along the way -- maybe Lotus will turn out to be a waste -- i don't know, but at some point the CEO of such an "indestructible" firm has to think about his legacy, doesn't he? I mean cash is only dirt in a bull market -- really new technology and business expansion takes cash. What wakes these guys up to keep them from pumping cash out or taking on credit to buy back shares? Revenue growth has already been slowing, right and they know profitability has eased. What will it take to keep them from buying back their stock? Are they somehow looking over the valley and thinking if I can just support the stock price through this period of slumping earnings and revenues -- I can start growing the company again and "catch-up?"

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next