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DewDiligence

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DewDiligence

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Re: DewDiligence post# 6414

Tuesday, 01/22/2013 4:53:36 PM

Tuesday, January 22, 2013 4:53:36 PM

Post# of 30508
IBM +3.5% in AH session on solid 4Q12 and bullish EPS outlook for 2013: non-GAAP: $16.70+; GAAP: $15.53+.

IBM has previously projected 2015 non-GAAP EPS of at least $20. To get to $20 in 2015 from $16.70 in 2013 requires 9.5% annual growth during the next two years.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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