Nuts! IBM is 50% services, right? They don't care where the computing is done so long as they help you do it.
And I don't see most of the companies represented on this list ditching their mainframes (a high-profit line for IBM) for the cloud. Charles -----Original Message----- From: IBM Mainframe Discussion List [mailto:IBM-MAIN@LISTSERV.UA.EDU] On Behalf Of Gabe Goldberg Sent: Friday, November 22, 2013 2:41 PM To: IBM-MAIN@LISTSERV.UA.EDU Subject: Fwd: Bloomberg: Druckenmiller Shorting IBM in Bet Cloud Computing to Win He's also betting against Warren Buffet, of course... and against IBM technology providing cloud computing. From Bloomberg, Nov 22, 2013, 16:18:03 Stan Druckenmiller, who has one of the best track records in the hedge-fund industry over the past three decades, said he’s betting against the shares of International Business Machines Corp. (IBM) <http://www.bloomberg.com/quote/IBM:US> because the company’s business will be replaced by technology such as cloud computing. ---------------------------------------------------------------------- For IBM-MAIN subscribe / signoff / archive access instructions, send email to lists...@listserv.ua.edu with the message: INFO IBM-MAIN
