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.
Cringely came up with a defense for failed IBM deals, that the firm is never at fault, only that it was following guidelines for a project and THOSE were the problem. Pennsylvania fires IBM for a revamp of it's unemployment system and IBM promptly says that the PA guidelines, NOT IBM, is at fault. IBM only did what it was TOLD to do. Innovate? Hahahahaha. Continue to recommend change for the good of the project? Nope, take the money. Never mind months overdue and overbilled, HEY, GOOD FOR SHAREHOLDER VALUE, RIGHT GINNY??? RIGHT YOMD????
Move on. I was spending time here, a waste, posting and several correctly said MOVE ON. Copying glassdoor posts is a helluva lousy life. Say nothing more and enjoy life.
Forbes blasts IBM again. Why The World's Dumbest Idea Is (Finally) Dying.
"As revenues fall, IBM's higher earnings targets are met through relentless cost cutting, tax reduction gadgets and share buybacks funded by borrowing. While IBM's share price soars, as the top managers and big investors extract cash from it in a weird kind of reverse-Ponzi-scheme, IBM steadily becomes an increasingly unproductive shell, a mere shadow of its once truly-innovative self. As a triumph of financial engineering, IBM 'makes money from money', while its future is being systematically destroyed. How many more of such disasters will we have to witness before the shareholder primacy idea finally dies?"
I am waiting for YOMD to call Forbes stupid and a know-nothing publication.
Hey, Numb nuts You have been predicting Friday for about 2 years now and we have been over $12 for the past week . ERGO you are a nut job of the first order. GO FIND ANOTHER BOARD TO BOTHER.