RE: IBM sales/earnings...

["Walden H. Leverich" <WaldenL@xxxxxxxxxxxxxxx>]

Al, I must disagree. 

You see, if IBM was to market the AS/400 then they would make lots of money.
If IBM made lots of money then Wall Street would be happy. If WS was happy
people would buy IBM stock. If people bought IBM stock then IBM's  Employee
Stock Options would be worth something. If the options were worth something
then the employees would cash them in. And finally... if they cashed in the
options then IBM could take advantage of marvelous loopholes in the tax code
that allow IBM to write the value of the options off against income and
avoid paying taxes on it. It's a great little loophole if you can take
advantage of it.

-Walden

-----Original Message-----
From: Al Barsa, Jr. [mailto:barsa2@ibm.net]
Sent: Thursday, October 19, 2000 1:00 PM
To: MIDRANGE-L@midrange.com
Subject: Re: IBM sales/earnings...


At 09:47 AM 10/18/00 -0400, you wrote:

The non-marketing of the AS/400 is a part of a brilliant tax avoidance 
strategy on the part of IBM.  If they were smart enough to invest in AS/400 
marketing, the would sell a lot of them, make a whopping profit, and then 
have to pay lots of tax to the US Government.




>Well, I take NO pleasure at seeing IBM opening down over 17 points and now
>down over 20...
>
>I can only hope that they will just maybe with a little luck FINALLY START
>LISTENING TO THE USERS AND START MARKETING!
>
>Hopefully this stock tumble will get the cookie makers attention....
>
>Don in DC
>
>
>
>+---
>| This is the Midrange System Mailing List!
>| To submit a new message, send your mail to MIDRANGE-L@midrange.com.
>| To subscribe to this list send email to MIDRANGE-L-SUB@midrange.com.
>| To unsubscribe from this list send email to
MIDRANGE-L-UNSUB@midrange.com.
>| Questions should be directed to the list owner/operator:
david@midrange.com
>+---



+--------------------------------------------------+
| Please do not send private mail to this address. |
| Private mail should go to barsa@ibm.net.         |
+--------------------------------------------------+

Al Barsa, Jr. - Account for Midrange-L
Barsa Consulting Group, LLC.    
400 > 390

Phone:          914-251-1234
Fax:            914-251-9406
http://www.barsaconsulting.com
http://www.taatool.com

+---
| This is the Midrange System Mailing List!
| To submit a new message, send your mail to MIDRANGE-L@midrange.com.
| To subscribe to this list send email to MIDRANGE-L-SUB@midrange.com.
| To unsubscribe from this list send email to MIDRANGE-L-UNSUB@midrange.com.
| Questions should be directed to the list owner/operator:
david@midrange.com
+---
+---
| This is the Midrange System Mailing List!
| To submit a new message, send your mail to MIDRANGE-L@midrange.com.
| To subscribe to this list send email to MIDRANGE-L-SUB@midrange.com.
| To unsubscribe from this list send email to MIDRANGE-L-UNSUB@midrange.com.
| Questions should be directed to the list owner/operator: david@midrange.com
+---