At least a few wise analysts are seeing beyond the smoke and mirrors and "value" BS that is being driven by an inflated and propped up PE ratio and stock price. These guys really have it right. I can't wait until 1Q earnings report on Monday. "Internal turmoil is becoming more clear — Given the competition for technology talent, we do believe such statistics provide an overhang for the fundamental outlook for IBM." (our voices are being heard!) "we believe IBM is in decline" "Restructuring proving less effective" (i.e. RA's are dumb and damaging) "We note that IBM has been trying to prop up its strategic initiatives, notably Watson." They agree that Watson and the health care thing is likely not going to be fruitful. http://247wallst.com/technology-3/2016/04/13/why-credit-suisse-is-warning-against-the-massive-ibm-rally/2/
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16 quarters in a row of declining sales and earnings. Its really bad and its cratering. Bye bye IBM !
Just look at 100s of messages on this board. I am sure watching ibm has even more - all layoff related. It paints a picture, does not it
IBM budgeted enough money this fiscal year to layoff 14,000 employees. Apparently, they can't layoff fast enough.
Time to sell
Ready to make big money shorting this bitch.
The massive rally has already happened...the question is have you locked in any profits yet?