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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?

To: DebtBomb who wrote (12746)	10/30/2002 12:24:27 PM
From: LTK007	Read Replies (2) \| Respond to of 30712

Dale read the text of the IBM news item and one can see it is just aimless BS committing to nothing.As we know, due to the Safe Harbor Act CEOs can say anything as "an opinion"(and be actually just giving BS salespeech). So that pump up was based on nothing but Hot Air that via the FD law is put out to everyone, how convenient. <<Reuters IBM CEO: Signs Economy Has Flattened Out Wednesday October 30, 11:33 am ET NEW YORK (Reuters) - International Business Machines Corp. (NYSE:IBM - News) Chief Executive Sam Palmisano on Wednesday said that he had seen some signs that the economy had hit bottom or flattened out. "Even though we're faced with some very difficult short-term economic circumstances, they (customers) are ultimately optimistic about the long term," Palmisano told a meeting of about 300 IBM customers at the American Museum of Natural History. "In fact, as you travel around the world, you see some encouraging signs that perhaps we have hit the bottom or things have flattened out," Palmisano said. "But from an information technology perspective, our industry has problems that I think are somewhat unique to itself." >> LOL! what vacuous rubbish. And of course the word "perhaps" is used as legal cover. Max