Re: IBM's financial results ?
OK, I'll explain. On Fri, 8 Aug 2008 15:20:21 -0500, Anton Britz [EMAIL PROTECTED] wrote: Hi, And the value of this posting are ? Its value is a relevant and concise answer to your posting. My answer they know how to do it covers varied aspects like knowing how to run a business to even knowing how to cook books. Short and simple. I never implied there is a conspiracy... I was refering to their accounting methods... Remember the CA debacle ? Talking about something smells fishy without any supporting facts IS implying conspiracy. And going by other posts in the thread it's not only me who got this impression. CA's past or current accounting practices as relevant to IBM's results as UFOs around area 51. California accounting . IBM accounting. Get it ? What does California accounting has to do with IBM accounting ? No, I didn't get it. Care to specify what you want me to get. DELL announced a big buy back , about 3 weeks ago. SUN did the same.. Check the IT newspapers. This is Computer news ... not conspiracies.. Again what do DELL and SUN have to do with IBM ? IBM's business is not dependent on the success of either of these companies. In fact their bad news might have been caused by IBM's good news i.e. IBM selling x86 and Unix servers to the detriment of DELL and SUN. DELL announcing a buy back is news. Implying that this news has some relation with IBM and that something smells fishy IS conspiracy theory. Maybe you been to the movies too much lately Wrong, I rarely watch movies but where do you get these ideas from - XFiles ? .. who knows why somebody calls themselves 88 and please do not explain why you call your self 88. And 88 gives you creeps ! Come on, it's not even 666. BTW the story behind 88 is pretty banal. It seems that mkkhan was already taken and hotmail suggested mkkhan88 which I accepted. It's not important and might be another Musharraf conspiracy. Again what does Musharraf has to do with it. If you are implying something about my locale or origin, you are wrong on both counts. Take another guess. 88 -- For IBM-MAIN subscribe / signoff / archive access instructions, send email to [EMAIL PROTECTED] with the message: GET IBM-MAIN INFO Search the archives at http://bama.ua.edu/archives/ibm-main.html
Re: IBM's financial results ?
On Fri, 8 Aug 2008 09:34:13 -0500, Anton Britz [EMAIL PROTECTED] wrote: Just to get all these Wandering minds on to something more productive : How do you think IBM keeps their financial results so rosy ? All the other vendors have annouced buy backs ex. Dell/Sun etc but IBM still announced fantastic results. Something smells fishy some where.. What's fishy about this? A buy back is done when (1) a company's management believes that their stock is underpriced (2) the company has excess cash or can access cheap credit (3) The company believes that the best use of the cash is to invest in their own stock (as opposed to acquisitions, RD, joint ventures, or any other posibility). A buy back is generally not a sign that the company is in financial trouble, as they must have access to cash to do the buy back. Nor is a decision to do a buy back a sign of financial trouble, as the management may not believe their stock is underpriced or they may have a better use for their money. -- For IBM-MAIN subscribe / signoff / archive access instructions, send email to [EMAIL PROTECTED] with the message: GET IBM-MAIN INFO Search the archives at http://bama.ua.edu/archives/ibm-main.html
Re: IBM's financial results ?
Hi, I was actually trying to change the subject away from Pay roll discussions in California, discrete fully but we have some old daemon's hanging around with some how kick's in, when they see a name... So here comes feedback, based on some of your replies: a) Ted If you need money or a job for your car in Canada, send me your address and I will send you some. I did buy IBM stock this weekend, as you proposed... on Etrade. b) Mohammed DB2 is not too bad, so get over the inferiority complex. 88”, I was actually trying to add a clever comment about the 'Opening the Olympics... but for some of us, you have to explain EVERYTHING, so here goes. On 08/08/08 we had the opening of the Olympics in BEIJING. Did you see how those dignitaries were sweating in that heat? c) What else? Fishy... manipulating or controlling the stock price is an art in the USA. Ask the ex-Enron Executives... Ask Jeff Skilling... or go and see the movie... Can't ask Ken Lay because he is no more.. http://en.wikipedia.org/wiki/Kenneth_Lay But I did not imply IBM did the same because I do not have time to read all the Stock reports. I am aware that Oracle is on a buying spree again. Summary: Again, I was trying to get the discussions closer to the mainframe world but there is just too ways people interpret English in the World and it's amazing where some of these discussions can go too.. Anton -- For IBM-MAIN subscribe / signoff / archive access instructions, send email to [EMAIL PROTECTED] with the message: GET IBM-MAIN INFO Search the archives at http://bama.ua.edu/archives/ibm-main.html
Re: IBM's financial results ?
But I did not imply IBM did the same because I do not have time to read all the Stock reports. When you asked if something was 'fishy' you make some sort of implication. - Too busy driving to stop for gas! -- For IBM-MAIN subscribe / signoff / archive access instructions, send email to [EMAIL PROTECTED] with the message: GET IBM-MAIN INFO Search the archives at http://bama.ua.edu/archives/ibm-main.html
Re: IBM's financial results ?
As one of the old daemons I can testify that the name only creates an atmosphere of anticipation, it's the content of the posts that makes something kick in. Though I have hardly ever been disappointed in the anticipation created by the name. Probably an argument can be made for the name itself due to such a strong correlation. I'll leave it to Ted to decide if he will take you up on your offer. As for your references to DB2, inferiority complex, olympics, heat in Beijing etc. these are just a few more examples of how you stay on topic and keep the discussion relevant. Moreover 88 and 08/08/08 are not even close no matter how you slice it, so the comment was hardly clever. In your question about sweating dignitaries you indicate that you were watching olympics, nice break from X Files. As for me I didn't watch it as I find it boring. Manipulation of stocks is hardly an US monopoly though americans might have excelled in the art. Until there is something that can be brought to court and proved wrong, it's legit. So please stop ranting about all the evildoers buying back their OWN stock. 88 On Mon, 11 Aug 2008 10:22:59 -0500, Anton Britz [EMAIL PROTECTED] wrote: Hi, I was actually trying to change the subject away from Pay roll discussions in California, discrete fully but we have some old daemon's hanging around with some how kick's in, when they see a name... So here comes feedback, based on some of your replies: a) Ted If you need money or a job for your car in Canada, send me your address and I will send you some. I did buy IBM stock this weekend, as you proposed... on Etrade. b) Mohammed DB2 is not too bad, so get over the inferiority complex. 88, I was actually trying to add a clever comment about the 'Opening the Olympics... but for some of us, you have to explain EVERYTHING, so here goes. On 08/08/08 we had the opening of the Olympics in BEIJING. Did you see how those dignitaries were sweating in that heat? c) What else? Fishy... manipulating or controlling the stock price is an art in the USA. Ask the ex-Enron Executives... Ask Jeff Skilling... or go and see the movie... Can't ask Ken Lay because he is no more.. http://en.wikipedia.org/wiki/Kenneth_Lay But I did not imply IBM did the same because I do not have time to read all the Stock reports. I am aware that Oracle is on a buying spree again. Summary: Again, I was trying to get the discussions closer to the mainframe world but there is just too ways people interpret English in the World and it's amazing where some of these discussions can go too.. -- For IBM-MAIN subscribe / signoff / archive access instructions, send email to [EMAIL PROTECTED] with the message: GET IBM-MAIN INFO Search the archives at http://bama.ua.edu/archives/ibm-main.html
Re: IBM's financial results ?
Umm, if we're going to go quoting definitions.. http://dictionary.com gives, ..for Conspiracy : y1.the act of conspiring. y2.an evil, unlawful, treacherous, or surreptitious plan formulated in secret by two or more persons; plot. y3.a combination of persons for a secret, unlawful, or evil purpose: He joined the conspiracy to overthrow the government. y4.Law. an agreement by two or more persons to commit a crime, fraud, or other wrongful act. y5.any concurrence in action; combination in bringing about a given result. ..and for Conspire : e1.to agree together, esp. secretly, to do something wrong, evil, or illegal: They conspired to kill the king. e2.to act or work together toward the same result or goal. e3.to plot (something wrong, evil, or illegal). Now, while I'll admit that there's a preponderance of tastily dramatic words such as evil, wrongdoing, fraud illegal in the definitions y2, y3 and y4 (for conspiracy) and in definitions e1 e3 (for conspire) I think we should be careful not to overlook the countless relatively innocent conspiracies involved when, say, a wife and children conspire to arrange a nice surprise on Dad's birthday. Modern media (for whom the best news is always bad news) tend to overdramatise everything, fighting for our ears, eyeballs and attention by using words like slammed or blasted rather than criticised, for example. This post is simply a plea for us to keep our heads when all about are losing theirs. :-) Now, where's that slab of Global Cooling beer I had in the garage.. snippage That statement clearly implies an impropriety. And since you are referring to a company, it is considered a conspiracy. Conspiracy: an agreement by two or more persons to commit a crime, fraud, or other wrongful act. -- For IBM-MAIN subscribe / signoff / archive access instructions, send email to [EMAIL PROTECTED] with the message: GET IBM-MAIN INFO Search the archives at http://bama.ua.edu/archives/ibm-main.html
Re: IBM's financial results ?
Anton Britz wrote: Hi, Just to get all these Wandering minds on to something more productive : How do you think IBM keeps their financial results so rosy ? All the other vendors have annouced buy backs ex. Dell/Sun etc but IBM still announced fantastic results. Something smells fishy some where.. Anton Maybe it what their business, or businesses, is. IBM sells a wide variety of servers, tape systems, disk/dasd/SAN systems, software. In addition to that they do outsourcing, managed services, and consulting services. Sun has almost as wide variety of hardware as IBM, but I don't think they have nearly as wide of variety of software and other services. Dell is basically desktop, laptop, and servers. They have some other products but they are a minor player in those products and I don't think they account for a lot of sales. I mean when you go to buy a TV, do you think Dell? For the most part they sell PC's. I would say that a lot of their customers are home and small business customers. When the economy either seems or is having problems, those are the customers that stop buying first. I think the wider variety of products/services you offer the better off you can survive varying economic conditions. Think about it. If you have a store that sells 2 different things, a store that sells 5 different things, and a store that sells 20 different things. Which one will most likely do good the majority of the time? -- For IBM-MAIN subscribe / signoff / archive access instructions, send email to [EMAIL PROTECTED] with the message: GET IBM-MAIN INFO Search the archives at http://bama.ua.edu/archives/ibm-main.html
Re: IBM's financial results ?
Something smells fishy some where.. The only smell I notice is somebody making ungrounded allegations. If you have a problem with IBM financial reporting: o -- buy stock and take it up in the next sharholder meeting o -- take it up with your SEC BUT, don't bother us with it! - Too busy driving to stop for gas! -- For IBM-MAIN subscribe / signoff / archive access instructions, send email to [EMAIL PROTECTED] with the message: GET IBM-MAIN INFO Search the archives at http://bama.ua.edu/archives/ibm-main.html
IBM's financial results ?
Hi, Just to get all these Wandering minds on to something more productive : How do you think IBM keeps their financial results so rosy ? All the other vendors have annouced buy backs ex. Dell/Sun etc but IBM still announced fantastic results. Something smells fishy some where.. Anton -- For IBM-MAIN subscribe / signoff / archive access instructions, send email to [EMAIL PROTECTED] with the message: GET IBM-MAIN INFO Search the archives at http://bama.ua.edu/archives/ibm-main.html
Re: IBM's financial results ?
Anton, Do you have any proof, or just shooting from the hip? Sun has been having problems for years, they over-extended themselves by going into a lot of long term deals with tech companies that went belly-up when the internet bubble broke. Dell's business model depends on a vibrant consumer business, which is drying up as a result of the economy. IBM relies more on business and government customers, who, while undergoing cuts, are much more cyclical, and IBM has made investments that buffer against these cycles. Wayne Driscoll Product Developer NOTE: All opinions are strictly my own. -Original Message- From: IBM Mainframe Discussion List [mailto:[EMAIL PROTECTED] On Behalf Of Anton Britz Sent: Friday, August 08, 2008 9:34 AM To: IBM-MAIN@BAMA.UA.EDU Subject: IBM's financial results ? Hi, Just to get all these Wandering minds on to something more productive : How do you think IBM keeps their financial results so rosy ? All the other vendors have annouced buy backs ex. Dell/Sun etc but IBM still announced fantastic results. Something smells fishy some where.. Anton -- For IBM-MAIN subscribe / signoff / archive access instructions, send email to [EMAIL PROTECTED] with the message: GET IBM-MAIN INFO Search the archives at http://bama.ua.edu/archives/ibm-main.html -- For IBM-MAIN subscribe / signoff / archive access instructions, send email to [EMAIL PROTECTED] with the message: GET IBM-MAIN INFO Search the archives at http://bama.ua.edu/archives/ibm-main.html
Re: IBM's financial results ?
Try making good business decisions on for size! snip How do you think IBM keeps their financial results so rosy ? All the other vendors have annouced buy backs ex. Dell/Sun etc but IBM still announced fantastic results. Something smells fishy some where.. /snip -- For IBM-MAIN subscribe / signoff / archive access instructions, send email to [EMAIL PROTECTED] with the message: GET IBM-MAIN INFO Search the archives at http://bama.ua.edu/archives/ibm-main.html
Re: IBM's financial results ?
In a message dated 8/8/2008 10:51:38 A.M. Central Daylight Time, [EMAIL PROTECTED] writes: Try making good business decisions on for size! We hashed this out a good bit last month under 'IBMs 2Q 2008'. Their filing can be viewed with the CFO's presentation at: _http://www.ibm.com/investor/2q08/_ (http://www.ibm.com/investor/2q08/) They're making Z10's at capacity and the Service end of the business rose dramatically. They do occasional buy backs but not always for obvious reasons. **Looking for a car that's sporty, fun and fits in your budget? Read reviews on AOL Autos. (http://autos.aol.com/cars-BMW-128-2008/expert-review?ncid=aolaut000517 ) -- For IBM-MAIN subscribe / signoff / archive access instructions, send email to [EMAIL PROTECTED] with the message: GET IBM-MAIN INFO Search the archives at http://bama.ua.edu/archives/ibm-main.html
Re: IBM's financial results ?
May be they just know how to do it but I'm sure there are a lot of conspiracy theories about it as well. I guess a google search for such theories will be more productive than a query here at IBM-MAIN. On Fri, 8 Aug 2008 09:34:13 -0500, Anton Britz [EMAIL PROTECTED] wrote: Hi, Just to get all these Wandering minds on to something more productive : How do you think IBM keeps their financial results so rosy ? All the other vendors have annouced buy backs ex. Dell/Sun etc but IBM still announced fantastic results. Something smells fishy some where.. Anton -- For IBM-MAIN subscribe / signoff / archive access instructions, send email to [EMAIL PROTECTED] with the message: GET IBM-MAIN INFO Search the archives at http://bama.ua.edu/archives/ibm-main.html
Re: IBM's financial results ?
Hi, And the value of this posting are ? I never implied there is a conspiracy... I was refering to their accounting methods... Remember the CA debacle ? California accounting . IBM accounting. Get it ? DELL announced a big buy back , about 3 weeks ago. SUN did the same.. Check the IT newspapers. This is Computer news ... not conspiracies.. Maybe you been to the movies too much lately .. who knows why somebody calls themselves 88 and please do not explain why you call your self 88. It's not important and might be another Musharraf conspiracy. Anton On Fri, 8 Aug 2008 15:05:58 -0500, Mohammad Khan [EMAIL PROTECTED] wrote: May be they just know how to do it but I'm sure there are a lot of conspiracy theories about it as well. I guess a google search for such theories will be more productive than a query here at IBM-MAIN. -- For IBM-MAIN subscribe / signoff / archive access instructions, send email to [EMAIL PROTECTED] with the message: GET IBM-MAIN INFO Search the archives at http://bama.ua.edu/archives/ibm-main.html
Re: IBM's financial results ?
And the value of your post is? It seems to me that IBM is just a better managed company than those others. I don't get your point, which would appear to be a common theme here. Anton Britz [EMAIL PROTECTED] 8/8/2008 4:20 PM Hi, And the value of this posting are ? I never implied there is a conspiracy... I was refering to their accounting methods... Remember the CA debacle ? California accounting . IBM accounting. Get it ? DELL announced a big buy back , about 3 weeks ago. SUN did the same.. Check the IT newspapers. This is Computer news ... not conspiracies.. Maybe you been to the movies too much lately .. who knows why somebody calls themselves 88 and please do not explain why you call your self 88. It's not important and might be another Musharraf conspiracy. Anton On Fri, 8 Aug 2008 15:05:58 -0500, Mohammad Khan [EMAIL PROTECTED] wrote: May be they just know how to do it but I'm sure there are a lot of conspiracy theories about it as well. I guess a google search for such theories will be more productive than a query here at IBM-MAIN. -- For IBM-MAIN subscribe / signoff / archive access instructions, send email to [EMAIL PROTECTED] with the message: GET IBM-MAIN INFO Search the archives at http://bama.ua.edu/archives/ibm-main.html Note that my email domain has changed from jo-annstores.com to joann.com. Please update your address book and other records to reflect this change. CONFIDENTIALITY/EMAIL NOTICE: The material in this transmission contains confidential and privileged information intended only for the addressee. If you are not the intended recipient, please be advised that you have received this material in error and that any forwarding, copying, printing, distribution, use or disclosure of the material is strictly prohibited. If you have received this material in error, please (i) do not read it, (ii) reply to the sender that you received the message in error, and (iii) erase or destroy the material. Emails are not secure and can be intercepted, amended, lost or destroyed, or contain viruses. You are deemed to have accepted these risks if you communicate with us by email. Thank you. -- For IBM-MAIN subscribe / signoff / archive access instructions, send email to [EMAIL PROTECTED] with the message: GET IBM-MAIN INFO Search the archives at http://bama.ua.edu/archives/ibm-main.html
Re: IBM's financial results ?
I think that IBM did a brilliant job of keeping the mainframe alive when industry, academia etc pronounced the mainframe dead in 1980. VSE died and came back, VM died and came back, linux runs on the mainframe and soon the wonderful Windows will be able to run on the mainframe! -- Original message from Mohammad Khan [EMAIL PROTECTED]: -- May be they just know how to do it but I'm sure there are a lot of conspiracy theories about it as well. I guess a google search for such theories will be more productive than a query here at IBM-MAIN. On Fri, 8 Aug 2008 09:34:13 -0500, Anton Britz wrote: Hi, Just to get all these Wandering minds on to something more productive : How do you think IBM keeps their financial results so rosy ? All the other vendors have annouced buy backs ex. Dell/Sun etc but IBM still announced fantastic results. Something smells fishy some where.. Anton -- For IBM-MAIN subscribe / signoff / archive access instructions, send email to [EMAIL PROTECTED] with the message: GET IBM-MAIN INFO Search the archives at http://bama.ua.edu/archives/ibm-main.html -- For IBM-MAIN subscribe / signoff / archive access instructions, send email to [EMAIL PROTECTED] with the message: GET IBM-MAIN INFO Search the archives at http://bama.ua.edu/archives/ibm-main.html
Re: IBM's financial results ?
Anton Britz wrote: I never implied there is a conspiracy... I was refering to their accounting methods... Remember the CA debacle ? You have advanced conspiracy theories with respect to IBM and the U.S government more than once in this forum. Mohammad is probably basing his assessment on a pattern of behavior rather than just the literal contents of one isolated post. -- Edward E Jaffe Phoenix Software International, Inc 5200 W Century Blvd, Suite 800 Los Angeles, CA 90045 310-338-0400 x318 [EMAIL PROTECTED] http://www.phoenixsoftware.com/ -- For IBM-MAIN subscribe / signoff / archive access instructions, send email to [EMAIL PROTECTED] with the message: GET IBM-MAIN INFO Search the archives at http://bama.ua.edu/archives/ibm-main.html
Re: IBM's financial results ?
and maybe a COBOL comeback too . . 'and old man CICS just keeps rolling along' tralala'. - Original Message - From: Warren Brown [EMAIL PROTECTED] Newsgroups: bit.listserv.ibm-main To: IBM-MAIN@BAMA.UA.EDU Sent: Friday, August 08, 2008 4:50 PM Subject: Re: IBM's financial results ? I think that IBM did a brilliant job of keeping the mainframe alive when industry, academia etc pronounced the mainframe dead in 1980. VSE died and came back, VM died and came back, linux runs on the mainframe and soon the wonderful Windows will be able to run on the mainframe! -- Original message from Mohammad Khan [EMAIL PROTECTED]: -- May be they just know how to do it but I'm sure there are a lot of conspiracy theories about it as well. I guess a google search for such theories will be more productive than a query here at IBM-MAIN. On Fri, 8 Aug 2008 09:34:13 -0500, Anton Britz wrote: Hi, Just to get all these Wandering minds on to something more productive : How do you think IBM keeps their financial results so rosy ? All the other vendors have annouced buy backs ex. Dell/Sun etc but IBM still announced fantastic results. Something smells fishy some where.. Anton -- For IBM-MAIN subscribe / signoff / archive access instructions, send email to [EMAIL PROTECTED] with the message: GET IBM-MAIN INFO Search the archives at http://bama.ua.edu/archives/ibm-main.html -- For IBM-MAIN subscribe / signoff / archive access instructions, send email to [EMAIL PROTECTED] with the message: GET IBM-MAIN INFO Search the archives at http://bama.ua.edu/archives/ibm-main.html -- For IBM-MAIN subscribe / signoff / archive access instructions, send email to [EMAIL PROTECTED] with the message: GET IBM-MAIN INFO Search the archives at http://bama.ua.edu/archives/ibm-main.html
Re: IBM's financial results ?
Anton wrote: Something smells fishy some where.. That statement clearly implies an impropriety. And since you are referring to a company, it is considered a conspiracy. Conspiracy: an agreement by two or more persons to commit a crime, fraud, or other wrongful act. -- For IBM-MAIN subscribe / signoff / archive access instructions, send email to [EMAIL PROTECTED] with the message: GET IBM-MAIN INFO Search the archives at http://bama.ua.edu/archives/ibm-main.html
Re: IBM's financial results ?
Speaking of come backs. Years ago IBM had something called TCAM (a teleprocessing access method WITH QUEUEING). Well, after twenty years, guess what MQ series is? Warren -- Original message from Graham Hobbs [EMAIL PROTECTED]: -- and maybe a COBOL comeback too . . 'and old man CICS just keeps rolling along' tralala'. - Original Message - From: Warren Brown Newsgroups: bit.listserv.ibm-main To: Sent: Friday, August 08, 2008 4:50 PM Subject: Re: IBM's financial results ? I think that IBM did a brilliant job of keeping the mainframe alive when industry, academia etc pronounced the mainframe dead in 1980. VSE died and came back, VM died and came back, linux runs on the mainframe and soon the wonderful Windows will be able to run on the mainframe! -- Original message from Mohammad Khan : -- May be they just know how to do it but I'm sure there are a lot of conspiracy theories about it as well. I guess a google search for such theories will be more productive than a query here at IBM-MAIN. On Fri, 8 Aug 2008 09:34:13 -0500, Anton Britz wrote: Hi, Just to get all these Wandering minds on to something more productive : How do you think IBM keeps their financial results so rosy ? All the other vendors have annouced buy backs ex. Dell/Sun etc but IBM still announced fantastic results. Something smells fishy some where.. Anton -- For IBM-MAIN subscribe / signoff / archive access instructions, send email to [EMAIL PROTECTED] with the message: GET IBM-MAIN INFO Search the archives at http://bama.ua.edu/archives/ibm-main.html -- For IBM-MAIN subscribe / signoff / archive access instructions, send email to [EMAIL PROTECTED] with the message: GET IBM-MAIN INFO Search the archives at http://bama.ua.edu/archives/ibm-main.html -- For IBM-MAIN subscribe / signoff / archive access instructions, send email to [EMAIL PROTECTED] with the message: GET IBM-MAIN INFO Search the archives at http://bama.ua.edu/archives/ibm-main.html -- For IBM-MAIN subscribe / signoff / archive access instructions, send email to [EMAIL PROTECTED] with the message: GET IBM-MAIN INFO Search the archives at http://bama.ua.edu/archives/ibm-main.html
Re: IBM's financial results ?
Years ago IBM had something called TCAM (a teleprocessing access method WITH QUEUEING). Well, after twenty years, guess what MQ series is? I've been telling people that for years. Most never heard of TCAM. Bob Shannon Rocket Software -- For IBM-MAIN subscribe / signoff / archive access instructions, send email to [EMAIL PROTECTED] with the message: GET IBM-MAIN INFO Search the archives at http://bama.ua.edu/archives/ibm-main.html
