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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: bill meehan who wrote (57472)4/26/1999 5:16:00 PM
From: Earlie  Respond to of 132070
 
Bill:

Excellent comment, and much appreciated. I'll ensure that Gretchen is made aware of it.

There are a number of tech sector companies that endeavour to mask their problems with guile and cunning. IBM under Gerstner is among the better examples of this. I sincerely hope that he is still around to take the heat when the chickens come home to roost.

Sooner or later, someone will show me why a company that has provided virtually no growth for three years has seen its stock price rise 400% in that same time period. Must be the new paradigm. (g)

Best, Earlie



To: bill meehan who wrote (57472)4/26/1999 6:05:00 PM
From: Lucretius  Read Replies (1) | Respond to of 132070
 
numbers haven't mattered for some time... show me a good chart and you've shown me something worth buying -s-



To: bill meehan who wrote (57472)4/27/1999 12:23:00 PM
From: Knighty Tin  Read Replies (1) | Respond to of 132070
 
Bill, IBM is buying back shares. Who care that their business doesn't grow? After all, the internal rate of returm is about one sixth of a T-Bond yield. That deserves 33 times eps. <g>


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