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Strategies & Market Trends : Guidance and Visibility -- Ignore unavailable to you. Want to Upgrade?


To: SusieQ1065 who wrote (54076)5/29/2002 8:32:16 AM
From: ChrisJP  Respond to of 208838
 
IBM -- hi Susie -- IBM already announced 8000 - 9000 job cuts .... are these 1,000 the first of those cuts ?

I have some friends who work for IBM. The were comiserating that IBM was at $85 (down from $110 in just 2 months). I told them that if the "God of Proper Valuations" has its way, IBM would probably be trading in the $60's.

They didn't like hearing that.

Chris