| Title: | The Digital way of working |
| Moderator: | QUARK::LIONEL ON |
| Created: | Fri Feb 14 1986 |
| Last Modified: | Fri Jun 06 1997 |
| Last Successful Update: | Fri Jun 06 1997 |
| Number of topics: | 5321 |
| Total number of notes: | 139771 |
A friend of mine works for IBM. He's in the same state of denial that
Digital employees were in a few years ago. He owns a large block of
IBM stock that he bought at 115. He went out yesterday and bought
another block of stock, so that we can sell all his stock and break
even when it goes back up to 80!
Ignoring the fundamental changes that will drive IBM stock down past
Digital in the next few months, from his perspective, the stock can
only go up from where it is currently.
At least Digital employees, based on the contents of this notes file,
seem to have a firmer grasp on reality.
| T.R | Title | User | Personal Name | Date | Lines |
|---|---|---|---|---|---|
| 2323.1 | CSCOA1::PARISE_M | Southern, but no comfort | Wed Jan 13 1993 13:08 | 6 | |
Your friend is apparently a gambler and his strategy has had its
share of proponents. But it's still a leap of faith. If the stock
goes up, you jump for joy. If the stock goes further down, you
jump from a considerably higher platform.
I don't think either company warrants that kind of faith.
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| 2323.2 | statistically invalid | SA1794::CHARBONND | the stars have all gone out tonite | Fri Jan 15 1993 18:56 | 3 |
seems kind of silly to extrapolate the mindset of all half million
or so IBM'ers from your knowledge of _one_
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| 2323.3 | ...nor does it care | MRSD::FERREIRA | Sat Jan 16 1993 21:12 | 7 | |
It is always much more difficult to be objective in assessing the
prospects of a stock when the stock in question happens to be that of
one's own employer.
Or, as Joe Granville has said many times,
"The market doesn't know where you work".
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