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To: Spekulatius who wrote (32828)10/31/2000 9:12:55 PM
From: pater tenebrarum  Respond to of 436258
 
with time the method to improve per share earnings by taking on ever more debt may well come into disrepute.
that said, IBM's valuation looks downright conservative in this crazy market...probably justifiably so, since the biz isn't growing much.