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


To: Scup who wrote (8041)4/12/2005 10:44:35 AM
From: Elroy  Read Replies (1) | Respond to of 8218
 
IBM has been weak this week due to

1- They announced they are expensing options this Q (rather than wait until 3Q when it becomes mandatory). As a result, analysts lowered EPS estimates to account for the options expense hit, and the shares have responded accordingly.

2- A few brokerages have issued reports indicating that March revenues may be weaker than expected.

Nothing super meaningful, if you ask me.