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Non-Tech : Auric Goldfinger's Short List -- Ignore unavailable to you. Want to Upgrade?

To: Ben Wa who wrote (7629)	4/1/2001 12:32:25 AM
From: S. maltophilia	Read Replies (2) \| Respond to of 19428

Here's what IBM says: sec.gov PLANT, RENTAL MACHINES AND OTHER PROPERTY (DOLLARS IN MILLIONS) AT DECEMBER 31: 2000 1999 ================================================================================ Land and land improvements $ 896 $ 1,026 Buildings and building improvements 9,904 10,395 Plant, laboratory and office equipment 22,354 22,503 - -------------------------------------------------------------------------------- 33,154 33,924 Less: Accumulated depreciation 18,857 19,268 - -------------------------------------------------------------------------------- 14,297 14,656 Rental machines 5,301 5,692 Less: Accumulated depreciation 2,884 2,758 - -------------------------------------------------------------------------------- 2,417 2,934 - -------------------------------------------------------------------------------- Total $16,714 $17,590 ================================================================================ Now I would perhaps revalue the land to reflect a current price, but I don't think we get to approximately $150B. Maybe you heard this eight or nine years ago, when IBM's market cap was about one eighth of its present value?