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To: ild who wrote (204438)11/13/2002 12:55:51 PM
From: mishedlo  Respond to of 436258
 
Since they are competeing heavily against EDS or whoever, I doubt margins are very high.

In fact it was probably a sweetheart deal.

But....
For someone the size of JPM even with that sweetheart deal, there is no way IBM can do it cheapoer for them than they do themselves.

Thus I see it as a lose-lose situation.

M



To: ild who wrote (204438)11/13/2002 1:09:46 PM
From: Win-Lose-Draw  Read Replies (1) | Respond to of 436258
 
not begin enough to fund indefinite stock buybacks. eom.


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