Let's see, first IBM cuts financing rates to it's customers. It worked for GM, didn't it?
IBM offers zero-percent financing
Now today, the new CEO Palmisano, says that he thinks the economy has flattened.
IBM CEO says sees signs economy has flattened out
What Sam said was, "Even though we're faced with some very difficult short-term economic circumstances, they (customers) are ultimately optimistic about the long term."
Maybe this guy should be selling mutual funds and some of those guaranteed annuities.
Richard W.
Well, these folks are running out of creative slogans to lure investors back. Suddenly, market bigwigs are more interested in a long-term prospect. I guess that patriotism gambit lost its power which was the slogan right after 9/11/02. Why weren't they interested in the long-term prospect a few years ago ? That would have prevented bubbles from growing outrageously large. They did not care what would happend a few years down the road. The whole game is to keep as much money in the market as possible. Nothing matters.