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Share Name Share Symbol Market Type Share ISIN Share Description
International Business Machines Corporation LSE:IBM London Ordinary Share COM STK USD0.20 (CDI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 121.15 116.80 125.50 - 0.00 00:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Software & Computer Services 104,507.0 21,902.0 0.0 - 179,886

International Business M... Share Discussion Threads

Showing 151 to 172 of 300 messages
Chat Pages: 12  11  10  9  8  7  6  5  4  3  2  1
DateSubjectAuthorDiscuss
08/7/2002
19:31
I recently read a book whereby the fortunes of one particular family were based around the accumulated wealth of buying and holding IBM stock. The book is called 'The Money Game' by Adam Smith. I was reflecting upon this recently. The viewpoint throughout the generations was based upon the unswerving adherance to the words "You never sell IBM". Of course, this made me smile as many people are no doubt doing very well out of selling IBM in this market, in the short term. Limpy for one. I don't like that exhaustion gap from the high 90's to 90$. I have no position either way in IBM. Just an observation.
2deano
08/7/2002
19:25
I am inclined to agree with you there Jazza. Contrary to popular belief, I don't believe in blatant de-ramping or scaremongering, although of course it would make no difference to a large cap company in any event. Certainly if the reflection is based upon an individuals perception of truth, then people must in some way seek to justify that with something more substantial than "I think this because I choose to believe it and oh, let's compare it with this because it's the ultimate bear case scenario which suits my position" I don't go for that at all. It's one thing to cite bearish reasons and point out the market/trend/targets etc. It's quite another to paint every company with the same brush. Even more so if that person cannot remotely substantiate their case with anything more than a flippant one liner.
2deano
08/7/2002
19:05
Plus, they have oodles of cash in the bank - hard to lie about that. Such amateurish attempts to fling bits of enronitis infected mud at any company you care to mention are starting to get me down.
jazza
08/7/2002
17:13
big vern, while I would think IBM have done whatever they can to flatter their accounts in previous years (which corporation wouldn't, if executive pay is linked to share price), to suggest that they are another Worldcom is rather laughable. How many Worldcom products/services are you aware of? And how many sites/assets did they have across the world? Ask the same questions of IBM, and the results are rather more visible. IBM has led the world-wide patent filings list for a number of years and although though this is no guarantee of future revenues or profits, one can expect them and the technology they are involved in to be around for a few more years.
vs
08/7/2002
16:47
..could be another Worldcom ? I'm short
big vern
08/7/2002
16:03
I'm still short but they were strong last week, rallying before the market turned. Some weakness has returned today - but if they manage to rally through $74 I'm taking profits and looking to short higher. A bit of journalistic scaremongering: http://www.thestreet.com/_intuit/markets/detox/10030230.html IBM's Cash Flow Is Weaker Than It Looks Don't feel compelled to dive into IBM (IBM:NYSE - news - commentary - research - analysis) just because its stock has plunged. Three words sum up the red flag flying over Big Blue: free cash flow..... ....Here's where the bad news gets worse for IBM shareholders: Although the stock has dropped 30% in just three months, Detox's free cash flow analysis shows it has further to go yet. According to a few back-of-the-envelope calcuations, IBM should be trading around $50 -- some 25% below its recent $69.
limpsfield chartist
25/6/2002
08:24
I think the mid 60s is an obvious target but I don't think it will just sail through there. With all of these muppet analysts downgrading it, and the fact that they are rarely right, I am tightening my take profits stop cos it wouldn't surprise me if we had a sharp bounce.
limpsfield chartist
25/6/2002
05:37
SUNW also has the benefit of a number of senior managment leaving the company. IBM - short target $60? Comments?
trader2
24/6/2002
21:39
Excuse a blatant ramp, same sector as IBM, & will underperform IBM IMO. Sun Microsystems, SUNW.NAS, loverly chart, and business falling apart (storage business being overtaken by technology).
pegasus
24/6/2002
18:48
agreed that a PEG of 1 is very low for IBM..... I would have expected 1.4 to 1.6 range. If they go sub PEG 1 then its getting very silly. IBM have a lot of arrows to their bow now and of the mega large caps are one of my favourites. Good case for ignoring goldman and drip feeding into this market in companies like this and Oracle and Intel .....
fse
24/6/2002
18:05
Wonder if they've factored in a falling dollar - probably not. The Goldman downgrade puts them on a 2003 PEG of just 1. Cheap for a company this size.
jazza
24/6/2002
17:21
Goldman Sachs Joins Growing List To Cut Estimates On IBM http://www.quicken.com/investments/news/story/djbn/?story=/news/stories/dj/20020624/ON20020624000403.htm&symbol=IBM NEW YORK -(Dow Jones)- Goldman Sachs analyst Laura Conigliaro joined a growing list of analysts Monday when she took down her financial estimates on International Business Machines Corp. (IBM, news, msgs). In the course of last week, analysts from Lehman Brothers, SoundView Technology and Morgan Stanley Dean Witter lowered their targets on Big Blue, fearing the corporate information-technology spending slowdown will hamper earnings at the Armonk, N.Y., tech heavyweight. Goldman's Conigliaro now expects IBM to earn $4 a share in 2002, down from her past estimate of $4.05 a share, and for the company to report earnings of $4.65 a share in 2003, down 10 cents from her previous target. The analyst said she revised her financial estimates for 2002 to reflect the negative effects of the IT spending slowdown and in 2003 to reflect an expected adjustment to IBM's pension plan return assumptions, which will be offset by restructuring the company has announced.
limpsfield chartist
21/6/2002
20:09
And another new low. LC : See what you think of Echo Star Communications (DISH) , I think its an electricity company :-)
dil
18/6/2002
23:56
im filling in my tax. how do you traders that do many trades a day on index on dealforfree fill in form do you print their trades page an send that off with a running total at bottom or do eachb trade manually.
theblackmamba
18/6/2002
23:55
Jeffmack, No I live in Poole, other end of the county. Lyme regis is beautiful though, lovely countryside. What's the price guide on the units out of interest? Andy.
ahkeen
18/6/2002
23:51
Tend to agree re arm (but I did not wish to prejudge any comments) On fundermentals PE ratio of 45 is way too high in todays bearish market. In the days before the tech boom you used to say buy at 12 or below sell at 18 or above. If profit warnings, plus slow down of 3G take up etc, are all true that predisposes a fair value price of 40p to 65p ish. However although I am not the best chartist in the world there may be a short term bounce up followed by a steady decline until Sept/Oct IMHO of course. Unlike broadband I have never been a fan of 3g
paulismyname
18/6/2002
23:46
thanks Hotei- I perhaps should have guessed- but it was not listed on help page.
mikeran
18/6/2002
23:41
mike - ex-rights
hotei
18/6/2002
23:40
Level 2 Question -- what is an XR flag ? I am aware that xd is ex-div. Any help please
mikeran
18/6/2002
23:39
dailos - did you send e-mail ?
hotei
18/6/2002
23:32
How's the Chateau Croc? Need you back here I'm afraid-not sure about Wolsley-went down to about 645 on Friday but came back to 675 in last half hour which was lucky cause I was long!
sonofagun
18/6/2002
23:26
Echo all of the above, looking for strengh to sell short ARM into.
dailos
Chat Pages: 12  11  10  9  8  7  6  5  4  3  2  1
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