there's also things like TI and INTEL ... IBM had sent a small army of engineers to
both outfits , as well as consultants to get them revved up ... events like that
wind up with high levels getting some nice offers .. some go , some stay ...
One thing that IBM hardly ever did (through the Akers years) , was to bring
someone on board beyond about 4th levels ( talking mgmt here) , that hurt
IBM in the end , too many conservative yes folks and no derring doo .. .
From a Motley Fool article:
"America's most dangerous tech company: IBM
After working our way through a list of industry leaders, it may be surprising that IBM (NYSE: IBM ) worries more of its peers than any other tech company. With 18 mentions out of the top 50 tech companies, IBM is clearly a big threat, but why? Bloomberg points out that IBM's business-services focus has given it an inside track to IT departments in many of the world's largest companies, which has been a popular avenue of growth for companies ranging from HP to Cisco.
IBM's leadership in the nascent Big Data field, and its development of artificial intelligence systems such as Watson, also make it dangerous to a number of analytics-driven tech companies. IBM is also by far the most prolific patent hoarder in America, which can make it dangerous even when it's not trying to challenge anyone directly. However, it's possible that IBM's rank will slip next year, since it recently sold off its server-hardware segment, which was one of the world's largest server vendors in 2013."
Intel, Microsoft, Dell, Cisco, HPQ, Seagate, EMC, Computer Associates, Oracle, etc., etc.
and how well have the above companies done ??? MSFT has gone nowhere for about 15 years , INTC is wounded soldier , HPQ is a shadow of what it once was and Oracle's price
history cannot match IBM ...
it's all about investment and going with the winner ...
over the years , IBM has always taken heat for not marketing the best available computers(mainframes anyway) , but look at CRAY .. it's not about have the fastest
or best machine , but cost , service , reliabiltiy .. IBM the winner ...
if you don't like the company , then just move on , or short it and post some actual
facts with real analysis ...
I can build a case for IBM to double share price in 3 years , or go bust , i understand
both sides of the argument , as should every investor .. don't just look at a stock
in terms of what can go right , or go wrong , but understand both sides , then
buy yer tickets , or go to another show ... garce
Ray Rinne left for Alcoa .. they more than tripled his salary and gave him access to
company jet ... Holly Caswell was another one .... fact is , very few top execs have
left IBM for other pastures .. IBM has always taken extremely good care of the talent
that it wants to keep . About the only reason why any execs ever left the company was
when they realized they hit a ceiling and wanted a higher position ....
Just look at actual facts of IBM's history and stop bashing the company ... the current
period is a transition phase, just like IBM has done so many times in the past ... it's certainly
not the only time share price has dipped during such times ...
BS. The republicans are #$%$ and almost ruined my country.
The layoff is in addition to the one in last year. The sales must be poor. Reason - ha, ha, poor weather.
The 1 month and 1 year chart shows the Relative Strength and Money Flow Index was over 80% and is starting to rolling down. I think it will start to drop from here.
Sentiment: Strong Sell
Right now my only IBM investment is a long Jan 2015 175/200 strangle, so I don't really care which way it goes as long as it finally starts moving. Problem is that it's too weak to rally and they are doing everything to keep the price from falling, so the position has some minor time decay. But I'm willing to wait for this next earnings report to see if it gets moving. The chance that it will rally enough to make the trade worthwhile is tiny, so I would rather see it just crash. If the fools on this silly message board are correct and the stock jumps to $235 I'll make a ton of money but I severely doubt that. If the naysayers are right and it plunges, then I'll make much more on the movement plus rising implied volatility of the options. The position is $14.35 right now - delta neutral with 3.6 cents of daily theta and I have 100 contracts on each side.
Just my 2 cents, and of course I have never worked for IBM but my guess is you are full of #$%$ or maybe feeling a little heat with your short position.
Really? So name a single IBM Band A (Senior VP) who has ever landed at Intel, Microsoft, Dell, Cisco, HPQ, Seagate, EMC, Computer Associates, Oracle, etc., etc.
And no other company ever recruits IBM senior executives - they're just stuck where they are until they retire or croak. Are you from another planet ??? or do you get a thrill from publicly showing off your ignorance ...
I've seen hundreds of jerky posts , but this one shows you have less than a scintilla of knowledge about
IBM .... When one of the execs leaves for another pasture , there is no pr about it , but just about any
of execs could write their ticket to wherever they want to go ...
It seems like IBM must be the worst place on earth to work. No question there. It's a filthy dishonest company with crooked senior executives and insider traders everywhere. They treat their employees like doormats and nobody positioned to make executive decisions cares about anything beyond the date of their next stock/option exercise. And no other company ever recruits IBM senior executives - they're just stuck where they are until they retire or croak. I get all that. So why does anyone work there? It's not like anything has changed recently. It's been the $hit bag of the computer industry for more than a decade.
WOW ... great analysis ... i can remember back in the 90's , IBM laid off (fired) 50% of it's work force , then
the stock went up 8 fold !!!!!!!!! are you making the point that IBM is on the threshold of a massive move
up ??? or do you just like to see your moniker in the screen ?
Funny how the layoffs are offset by hiring more skilled workers. IBM is becoming like any other software company, hire them, burn them out and replace them with new bodies as needed. Not necessarily bad, that is the model of the IT industry these days.