by Anura Guruge
on April 20, 2022
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We all know the time-tested adage: ‘if it looks TOO GOOD to be TRUE …’ Well that sure was the case with the numbers announced by IBM yesterday. They blew away expectations.
But, I, for one, do NOT think they are 100% kosher.
That folks are claiming that there is strong evidence that IBM has misstated past results should be seen as a red flag. Don’t get so excited about what IBM is claiming. It could still be smoke and mirrors. I have not trusted IBM’s management team for the last few years. This is NOT the IBM I worked for.
Just be careful. Very careful. I don’t think these numbers are real & will stand up. So, don’t go madly investing in IBM. There are much better companies around, for a start: AMZN, GOOG & TSLA. Smile. [I own all of those — & have for many, many years.]
