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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?

To: Mr. Pink who wrote (17293)	10/29/2002 6:55:56 PM
From: VIPER85730	Respond to of 18998

Thanks Mr. Pink. : ) VIPER~~~~~~~<

To: Mr. Pink who wrote (17293)	10/29/2002 7:18:43 PM
From: StockDung	Respond to of 18998

A interesting post on ragingbull about IBM By: oldbasalt $$$ 29 Oct 2002, 07:04 AM EST Msg. 16796 of 16803 Interesting In a recent management meeting the following was predicted for 2003. 1. Incentives, zero percent financing, don't pay until 2004 will make crush durable consumer good margins. 2. Because of the market conditions almost all companies will be dumping money into their pensions further eroding earnings. 3. Cost cutting will be even more vicious. Vendors/Suppliers will be beaten into the dirt. Does this sound like a great IT market? Purchasing is renegotiating service contracts on a quarterly basis. Don't look for that to save IBM, EDS or Compuware. It's all about who can be the lowest cost today, and who cares what you did yesterday. Time to start picking up puts.