I retired 4 years ago and I now have the lump sum that IBM "set aside" for me to use on their medical plans. I am waiting to use this until about 2-3 years prior to Medicare (assuming it is still around), since that's about all it will cover anyway. So the question is this - will I still get to use that lump sum now to purchase other less expensive plans? I would assume so, but with IBM, you never know I guess.
Newguy, I agree, the trust used to be there, but unfortunately you can no longer trust your company or government to be looking out for you in any way. They obviously don't trust us either, so you are on your own I guess.
Sorry dude, that is not true. That is "full" retirement age, and SS is betting that you will wait for that and die soon after. For a lot of people, it is much smarter to start taking the benefits at age 62 since most of us will not live past our 80s anyway.
You sir are an idiot. Exactly why would IBM choose to get into this extremely competitive business with low margins for many products when instead they can choose to provide the backbone software, hardware, data storage, etc. that the successful companies in these markets will need as they grow. Sure it ain't pretty and glitzy like you think it should be, but it still makes tons of money and a lot of sense.
Unlike your post.
More likely this guy was hatched, or his mother would never admit to him bursting from her. Just another idiot "investor".
You are exactly right. In the corporate world (at least for the non-execs), there is no unlimited pile of money for us to work with, we have to actually live within a budget that cannot exceed revenue. Government on the other hand just spends and spends, paying no attention to any budgets because they can just print more money if they need it. Pathetic.
Hmm, supposed expert analysts downgrade IBM just before earnings again, and prices drop. Seems like another "opportunity" created to load up? Coincidence? I think not, same old #$%$.
Garce, I wish I knew, sometimes the ups and downs of this stock just defy explanation. Manipulation comes to mind a lot these days.
Agree 100% garce, a lot of idiots out here whose only analysis is the headlines they read. Look where IBM took it in the shorts this quarter, it was again in small to midrange hardware, which is yesterday's news, while they were up in almost every other category you look at. But to the cretins out here, that spells disaster.
This is nothing more than a buying opportunity, IBM may well settle around $170 tomorrow or Friday. A good time to get in for those who know what they are doing.
I'd bet Buffet is not panicking on this, he knows a lot more than you or I do. But you go right ahead Chicken Little, get out while you can, more for the rest of us.
Sounds like you are the idiot here. Why would anyone sell today at this price except for scared little girls like yourself? IBM will bottom around 175 and climb back above 180, at least wait until then. What a tool.
Sounds like you guys know it all, if that's the truth, then just sell it all or short it. What a couple of tools, like most "analysts" out here.
Has driven IBM prices down nicely. Smart investors know now is the time to scoop up shares, idiots are the ones selling. So they missed on revenue, they made more money (not EPS, just total $$) than they ever have before. Someone tell me what's wrong with that business model, please?
You act like I am bitter toward IBM, nothing could be further from the truth. They did what they had to and I did what I had to, found another job. But IBM is still one steady blue-chipper that I will continue to invest in, to me this is just another shakeout of the timid.