In thinking it over, I think the Senate reference was to overseas tax shelters and other methods of bypassing the US tax bite. Obama has been talking about too of late. That would not be good for several companies, true. But I wrote the disagreement about the Good for IBM and USA comparison, not the senate note - my bad writing style.
Ok, I will poke through the legislation first. I do want IBM to do better, believe it or not, I had a great many friends in the Poughkeepsie area, talented individuals both in systems and sales. When IBM is good, they are very very good. Does that make up for some ground?
I disagree Yield - hiring legions of working Indians is not good for American workers. It certainly helps cut expenses and increase shareholder value, but I really don't think that is good in the long run. IBM can do better than that!!!!
Just glance over to Armonk where Ginni at IBM is trying to meet her EPS number for 2015. Sell divisions, fire workers, hire Indian workers and repeat as necessary.
Wasn't CSC one of the big time government contractors for the IRS??? And if so, this makes perfect sense does it not....
Enlightened investor group? Are you kidding. While you get an occasional nugget of good business talk on these boards, they have really lost all value for sound decisions and comments.
I BELIEVE AND YOU ..... ok, we made it according to the sooth-sayer of this miserable board. So we shall see if he or she autoposts another ALMOST there message. At least it's fun to watch.
There have been soooooo many rumors of this posted over the years that I will believe it when I see it. And who would want to buy this POS? Xerox picked up ACS for a fortune and is still a mess.
EL SEGUNDO, Calif., July 22, 2004 – Computer Sciences Corporation (NYSE: CSC) announced today that it has signed a seven-year contract worth approximately $600 million to provide Aon Corporation's U.S. operations with information technology (IT) infrastructure support services. Under the agreement, CSC will operate and manage Aon's U.S. telecommunications and data networks, desktop support, related help desk services and various IT support functions.
Approximately 600 Aon IT employees and contractors currently manage the company's technical infrastructure. Under the agreement, the majority are expected to transition to CSC in late August.
SO How has that worked out for YOU??? And wow how many of those 600 are still with Aon? Help desk? Oh, that is now in Dehli. Cheaper-faster-better. Fired the deadwood. I don't think so.
You know some good IBM history YOMD. Your last line reminds me of those ancient songs to Warson Sr. A time long gone indeed.
Oh why give him a new target? I am so comfortable with the eternal lament of $12 by Friday. Some events must be constant and never changing.
Another $12 close by Friday, so can we SHUT UP as if it HAS NOT HAPPENED YET???? Your posts are just whacko. True, one of the great wayward delights of these mostly corrupt boards, but COME ON.
For a weekend smile, YOMD - IF the cloud is capable of manufacturing CHOCOLATE!!! Wow. Even Girl Scout cookies will fail. Nestle? gone. Hersey? gone, both BK. And then if the cloud can produce a good bottle of Jack Daniels? Now we're talking.
YOU ARE NUTS!!!!!!!!!!!!!!! It has been over $12 for about the past two weeks. What is your point????
CSC has been down this road before in 2005 and was forced to pay up. This is huge, sys admins put their souls into their work and if their employer does not pay for their time .. well, turn off the servers and go home. I am in favor of a NATIONAL SERVER DOWN DAY to demonstrate how important this job is. But ONLY to those employers who do not give a tinker's damn for their sys admins and/or consultants.
Will guarantee that while signing a contract increases revenue, blowing them up along the way does not do long term chances a good shot. Reputation follows the pen.
Common practice too. IBM had the same issue about the time it was coding what we now fondly remember as OS/2. They discovered that staff had unusued vacation days in the bank and demanded that they be used up or lost forever. So, the staff used them in a very short time frame and development came to a grinding halt. Law of unintended consequences.