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Re: SWINGTRADER59 post# 542

Saturday, 10/24/2015 3:13:02 PM

Saturday, October 24, 2015 3:13:02 PM

Post# of 1012
IBM is getting terribly "B*TCH SLAPPED" by both AMZN and MSFT in the Cloud...as shown by the stellar performance of both as they reported past week.

IBM is dead in the water...DEAD IN THE CLOUD and DEAD IN RETAINING REVENUE... besides being lethally behind in the Cloud... its "MISS" was huge...the only reason it did not show up was because they adjusted their estimated " tax rate" from over 21% last quarter to 18% est this quarter to make it appear they earned more by paying less taxes...but NO FINANCIAL BASIS for it ...Financial Engineering... Old Warren is going to get his BUTT handed to him with IBM...

the question is when is BUFFET going to completely sell out his stake?

Also...IBM has hooked itself to BOX for cloud/visualization/cross platform performance.... While MSFT has hooked up (and will acquirer) $ANY which blows BOX away... IBM

IBM can be described by its initials when it comes to remaking itself in the CLOUD.

Immensely
Bad
Moves.
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