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- From: adkinsg@symphony.cc.purdue.edu (Garry Adkins)
- Subject: Re: News on 2.1 Release
- Message-ID: <C1AonM.4zp@mentor.cc.purdue.edu>
- Sender: news@mentor.cc.purdue.edu (USENET News)
- Organization: Purdue University
- References: <C17LxL.BA7@rice.edu> <1993Jan22.142705.17350@njitgw.njit.edu> <1jq0ukINNf41@matt.ksu.ksu.edu>
- Date: Sat, 23 Jan 1993 06:57:21 GMT
- Lines: 19
-
- In article <1jq0ukINNf41@matt.ksu.ksu.edu> bewhite@matt.ksu.ksu.edu (MacroMan) writes:
- > I have also heard that these $5billion losses declared by IBM
- >have MUCH to do with new government regulations. Something about
- >declaring employee retirement costs now instead of at retirement,
- >and hence, a lump of such costs which will never show up again.
- > Either way, no need to panic folks, IBM isn't going ANWHERE
- >(except up?).
-
- How much of this loss was made up of money lost from owning a bazillion
- shares of their own stock? That could account for a hefty loss in
- value of the company... Just curious, I'm no economist.
-
- Garry
-
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- Garry Adkins adkinsg@symphony.cc.purdue.edu
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