International Business Machines Corp. (NYSE:IBM)

CAPS Rating: 4 out of 5

The Company is a globally integrated innovation company, serving the needs of enterprises and institutions worldwide.

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Player Avatar starbucks4ever (98.98) Submitted: 11/14/2011 2:52:00 PM : Underperform Start Price: $187.55 IBM Score: +7.73

Buffett went mad

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Member Avatar vonwao (95.90) Submitted: 11/14/2011 7:48:16 PM
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huh? can you explain what this means (sorry if I'm uninformed)

Member Avatar materialsman92 (35.80) Submitted: 11/14/2011 8:12:45 PM
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I think you are right, he bought too expensive short term.

Member Avatar starbucks4ever (98.98) Submitted: 11/15/2011 12:44:49 AM
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A few weeks ago I was looking at DJIA (which is essentially IBM given the way the index is structured :) and wondering what made this uninspiring stock go up so steadily, defying the financial crisis. Now I think I know the answer :)

Member Avatar MichaelDSimms (< 20) Submitted: 12/7/2011 11:29:38 PM
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Good company just too expensive to buy, P/E. For me, not for Buffet.

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