There is a strong aroma of burnt fingers around IBM Corp’s shares. The shares plunged another $4.50 to $118.125 on Friday as anxious investors worried that a warning flag raised by Compaq Computer Corp may spread to the rest of the personal computer industry, a fear that seems all too likely to be fulfilled. IBM […]
There is a strong aroma of burnt fingers around IBM Corp’s shares. The shares plunged another $4.50 to $118.125 on Friday as anxious investors worried that a warning flag raised by Compaq Computer Corp may spread to the rest of the personal computer industry, a fear that seems all too likely to be fulfilled. IBM is meeting with analysts today.
