Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Bill Martin who wrote (3024)	5/3/1998 9:31:00 AM
From: Mark Brophy	Read Replies (2) \| Respond to of 8218

I should've been more clear. I meant that the shareholder's equity/share hasn't increased. Growth in BV/share is the main metric I use to judge a company, and it doesn't matter how many shares they repurchase. It's been about $42 at IBM for many years and they've reported earnings throughout that time. The repurchases were a good idea wheen it was grossly undervalued, but now they should only be buying enough shares to cover employee stock options without dilution.