https://www.fool.com/investing/2019/01/27/has-international-business-machines-ibm-finally-bo.aspx
7 replies (most recent on top)
Who is dumping fool material on us here?
Soooo true
Motley Fool knows less than us
I can't say how low IBM will go but I do know one thing: Motley Fool knows less than us. They have consistently promoted IBM even before Warren Buffet bought, sold and then swore off IBM forever.
Motley Fool reviews on Quora and Reddit are poorer than IBM's. Maybe that's their plan: make predictions that are so bad, the recommended companies look good.
Right now Bain is putting lipstick on the pig you call IBM services.
Of course not, it has not bottomed yet. This IBM company is out of control and the only way is down. The mainframe cycle is over so 2019 is going to be a tough year. IBM still has to find a way to pay for Red Hat... 34 Billion... IBM only has 12.2 Billion cash in the bank. Still wondering how it will come up with the cash to pay for the acquisition.... Anyone has any idea?
Not sure how it can have bottomed out when revenue is still declining? But it was interesting reading the Q4 results and watching the stock price jump, I thought it would go down based on the figures. Clearly I know nothing.
No - I suspect they have not bottomed. The vert aggressive manner in which IBM conducts unjust license audits is going to be the next wave of problems for big blue. I have heard that up to 30% of their revenue has been stolen from customers in this fashion. This ultimately has their mature customers reducing IBM product usage as much as possible.
With IBM buying RedHat - these customers are in for a very rude awakening when these tactical audits hit them.