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Technology Stocks : IBM -- Ignore unavailable to you. Want to Upgrade?


To: Jacques Newey who wrote (7853)10/23/2002 7:41:24 PM
From: Robert Scott Diver  Read Replies (1) | Respond to of 8218
 
If this is so important, shouldn't the stock price be dropping like a rock? IMHO, it is only one of many factors that investors should consider. Apparently the market considers this to be one of the less important factors.



To: Jacques Newey who wrote (7853)10/24/2002 3:36:54 PM
From: THE WATSONYOUTH  Respond to of 8218
 
"Back in 2000, in the excitement of the bull market, hardly anyone took notice of the footnote in the year-end report from International Business Machines Corp. -- the one that disclosed that around 10 percent of its $11.5 billion in pretax profits came not from selling more computers but from investment income earned by its employee pension fund.

Actually, some did notice. But, in that climate, nobody cared.

Message 14840547

THE WATSONYOUTH