[Flying Circus]

Stock price is what you pay, value is what you get. Your argument would have worked just as well for Enron until early 2001.

As someone who has experience both inside and outside IBM, I have to agree with the author that the path IBM management is going down is unsustainable. I saw how poorly structured and problematic many of IBMs outsourcing forays were. IGS charges a lot for their services, but we found that the service was declining in quality as more and more was outsourced and strong, experienced people were layed off. A few years back the company I worked for discontinued the IGS contracts and recruited a bunch of the IBM people who supported and maintained our systems. It was a win-win for us and the support team- we saved a lot of money, started getting better service and they got more secure jobs with less paperwork.

[Cringing Negativism Network]

Outsourcing in treason.

Yes, that’s melodramatic, and perhaps a bit over the top.

Yet. What is treason?

Profiting, from harming American interests.

Melodrama? Or not?

[oh8eleven]

Your argument would have worked just as well for Enron until early 2001.
But their stock price was artificially and purposely inflated by corruption and criminal activity. Big difference.
BTW, did anyone ever figure out WTH they were selling?