CMOP + 227 October 29, 2018 $34 Billion Cash Deal That Can Shake A $1 Trillion Industry With consistent declining revenue numbers year over year - IBM looks to compete against the heavy hitters in the cloud market: Amazon, Microsoft, Google. The new acquisition looks to take on the cloud market. They'll need to have a speedy integration process and be flexible. Quote Share this post Link to post Share on other sites
Dan Warnick + 6,100 October 29, 2018 1 hour ago, CMOP said: $34 Billion Cash Deal That Can Shake A $1 Trillion Industry With consistent declining revenue numbers year over year - IBM looks to compete against the heavy hitters in the cloud market: Amazon, Microsoft, Google. The new acquisition looks to take on the cloud market. They'll need to have a speedy integration process and be flexible. Link? 1 Quote Share this post Link to post Share on other sites
Selva + 252 SP October 29, 2018 https://www.barrons.com/articles/ibm-red-hat-acquisition-1540762149 1 Quote Share this post Link to post Share on other sites
Dan Warnick + 6,100 October 29, 2018 5 minutes ago, Selvedina said: https://www.barrons.com/articles/ibm-red-hat-acquisition-1540762149 Thank you! 1 Quote Share this post Link to post Share on other sites
CMOP + 227 October 29, 2018 Stocks trading at 5 year low. Good time to get in, possibly. Quote Share this post Link to post Share on other sites
Mike Marcellus + 157 MM October 30, 2018 17 hours ago, CMOP said: Stocks trading at 5 year low. Good time to get in, possibly. I'm interested too. I have two concerns... One, they appear to have paid a premium price for Red Hat, leading to my 2nd concern. Is the current leadership capable? Why is it at a 5 year low?,,, and still dropping a bit more today. The article went on to say the deal is a bargain relative to the potential gravy to be sopped up once they are the cloud provider. And I agree. But if Leadership isn't there, then there's no execution of the good idea. I believe these to be more important numbers than others that are offered (Profits/earnings) ... but I don't know if these are good ratios. I'm asking opinions [please] P/E Ratio 18.68 Forward P/E (1y) 8.66 I was disappointed to not here any mention of block chain tech, as I am still crossing my fingers is the beginning of the next tech/industrial revolution that catapults the world out of hunger and poverty. Hmmm... crossing fingers, ....might have trouble finding support for that investment strategy. 2 Quote Share this post Link to post Share on other sites
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