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That's entirely it. IBM is in a similar situation now, where the CEO knows she has to spend some of their massive savings to survive, but is getting major pres
by jnbiche 11y ago
That's entirely it. IBM is in a similar situation now, where the CEO knows she has to spend some of their massive savings to survive, but is getting major pressure from Wall Street to cut costs and up dividends and stock price.
Not sure why you were downvoted for this observation.
- sumedh 11y agoI dont think you can blame Wall Street for IBM's performance. Buffett is a big investor in IBM, if the CEO wants she can use Buffett's influence to keep wall street at bay.