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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?


To: Rainy_Day_Woman who wrote (15355)12/4/2002 6:32:27 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 57110
 
so, let's see, they are going to dilute their stock by about 1% to cover the pension shortfall.

And they are going to continue buying back shares to prop up their EPS. But not as much this month, cuz they already wrote off a bunch of shit so that they should make their EPS target.

Gotta get me some of dat!!!



To: Rainy_Day_Woman who wrote (15355)12/4/2002 6:52:16 PM
From: Petrol  Read Replies (1) | Respond to of 57110
 
<<<IBM also said it expects its stock buyback to be lower than usual in the first half of 2003, but will return to significant levels in the second half. >>>

I wouldn't be surprised if they DO do stock buybacks... but it will be at much lower levels that right now



To: Rainy_Day_Woman who wrote (15355)12/5/2002 2:54:06 AM
From: XBrit  Read Replies (1) | Respond to of 57110
 
The joke among IBM retirees is they're going to fix the pension shortfall by stopping medical benefits, so they die younger.