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To: Earlie who wrote (187958)8/15/2002 11:18:40 AM
From: Mike M2  Respond to of 436258
 
E, interesting comments from another early tech bear Message 17880381 mike



To: Earlie who wrote (187958)8/19/2002 7:38:40 AM
From: orkrious  Respond to of 436258
 
great piece in this link. excerpt:

The stalwart of stability in the new economy, IBM, has $22 billion in NTA versus $60 billion in liabilities- a stunning figure for a technology services company with no aim for significant revenue expansion. Massive stock repurchases at 8-10 times book value have their costs

Message 17892940


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