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.

Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: Logain Ablar who wrote (18656)	6/19/1998 6:14:00 PM
From: j g cordes	Respond to of 50167

Tim, I think IBM's done a great job of turning the company. I wouldn't give all the credit to LGerstner, as I think he arrived on the scene in its worst hour from which positive change had to occur one way or another and the depth of talent is impressive. The reinvention of IBM as a service, research and manufacturing company more directed to sensing world opportunity and customer needs first is also a major turn. However, in my opinion, share buybacks are supportive not accretive. As an investor I'd rather hear the "bad" news as it is, rather than have to sift through puzzeling diminished revenue and margins wondering how the per share earnings are maintained.