The path to high-margin is clear now... scaling that into Cloud-based
offerings is a huge deal! Many big boys will see a clear path to $300
pps now in 18-24 months... hence they'll hold and enjoy the dividend.
The management is extremely shareholder-friendly and the street loves
that! They'll explode out the gate tomorrow and then easily take out
the old-high and enter the "Blue-Sky" territory! Shorts in IBM will
be squeezed mercilessly now. Cover while you still have moderate
losses. The IBM can remain overbought beyond 220 territory much
longer than you IBM-short can remain solvent! Prudency is in
saluting the Market-God, lick your wounds and move on!