hiker, think about all the dividends. The div yield percentage. think abiut the eventual return to 60.. I've seen this stock at every 10 point stock price from 40 to 80.
the 90's are not the '15's. theoretical evaluations skew investment probabilities. However, variuos , you might well be an economics prof. Book learned but wet behind the ears.
short story. $100 bank acct with 1/2 % interest will be worth $100 forever. Guaranteed.
$100 blue chip stock w/3 % dividend might be worth $ 50 next year or maybe $150 in three years- no guarantee. At 80 yrs old, also my age, one needs a little excitement, therefore investing is good for your health.
not good for JNJ.already. Its down 18 cents !
Sentiment: Strong Buy
I've got the best job. I'm a caddy and instructor at the local miniature golf course. Some Low's employees come in on their off-hours. I thought I recognized DSC but not sure. Maybe he's the guy that on the first hole took three divots in the carpet. Broke his driver. Complained to the course management. Whined so much that they're gonna replace his driver. He told them that he has a degree.
My golly the carpet !! Its on special order now. Low's doesn't carry this.
COGITO.....,,.,.,.,,,,"I do NOT work for IBM and I do NOT hold any IBM stock or any mutual fund where IBM company is involved." .............. then why are you here?
dsc, you need to desperately go for your masters degree. Right now you are limited to selling X-mas trees because you only have a BS degree.
I can only repeat that these facts are well known within the reach of most IBM observers. The authors uncovered nothing except that it might be new knowledge for those not involved with info tech, computers and etc. This business model has been repeated again and again by a variety of failed corporations. Some came back. Some didn't. Like you said ....' End of an American Icon? ' There is a question mark there, right ?
One doesn't need to read these 'books'. The facts are common knowledge.