Sunday, May 27, 2007

IBM shares could easily climb over $120: Barron's

(Reuters) - The company plans to bolster profits through higher-margin
software sales, Barron's said. It also noted that IBM bought
back $27 billion of stock between 2003 and 2006, and was
authorized to buy another $16.4 billion.




The report also quoted an analyst as saying third world
markets would become a growth engine for IBM in the future.


Read more at Reuters.com Business News

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