tag:blogger.com,1999:blog-6616959642391988608.post5519140172473187719..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Online job demand points to rising employmentScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger11125tag:blogger.com,1999:blog-6616959642391988608.post-65677599021866823172010-10-01T05:51:44.894-07:002010-10-01T05:51:44.894-07:00Pub,
Sorry, I did not see your question until tod...Pub,<br /><br />Sorry, I did not see your question until today. <br /><br />IBM has remade itself in recent years, transforming itself from a manufacturing company to a services company. They may still have some manufactuting but they are primarily a business services company providing information processing technology and software. They also basicly manage the 'rat's nest' of tech Johnhttps://www.blogger.com/profile/11652253509768573561noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-70356419898518652392010-09-29T17:48:36.857-07:002010-09-29T17:48:36.857-07:00IBM?
I always thought it referred to one's bo...IBM?<br /><br />I always thought it referred to one's bowel movement.Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-46643892608967778232010-09-29T17:17:17.917-07:002010-09-29T17:17:17.917-07:00John,
What exactly does IBM do these days? I have...John,<br /><br />What exactly does IBM do these days? I haven't the slightest clue...Public Libraryhttps://www.blogger.com/profile/00017383928897945054noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-74981076944480517412010-09-29T15:31:23.354-07:002010-09-29T15:31:23.354-07:00Benj,
Assuming a 20X earnings multiple that woul...Benj, <br /><br />Assuming a 20X earnings multiple that would be pretty close to correct. Not saying that will happen...just that its possible and not a crazy notion. <br /><br />The market is not as cheap as it was in late june when everyone thought the euro would implode but it is still reasonably valued in my opinion. It will be interesting to see if we get the correction in October after Johnhttps://www.blogger.com/profile/11652253509768573561noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-32687771168999233242010-09-29T15:02:12.532-07:002010-09-29T15:02:12.532-07:00John-
Just some simple math, but fun.
Okay, lets...John-<br /><br />Just some simple math, but fun.<br /><br />Okay, lets say EPS climb 50 percent in next five years--not impossible, coming out of a recssion.<br /><br />Let's say multiples increase by 50 percent in next five years--not impossible, coming out of a recession, and in a low-interst rate environment.<br /><br />You get Dow 24,000 or so.<br /><br />Not impossible.Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-1183430827488884662010-09-29T14:53:47.116-07:002010-09-29T14:53:47.116-07:00A little off topic but IBM traded at ALL TIME HIGH...A little off topic but IBM traded at ALL TIME HIGHS today. Yes, exceeding 1998 and 1999, when earnings per share were $3.29 and $3.72 respectively. EPS for 2010 should exceed $11.00 per share. IBM keeps on truckin'.Johnhttps://www.blogger.com/profile/11652253509768573561noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-622948117243937162010-09-29T13:18:28.220-07:002010-09-29T13:18:28.220-07:00Ah yes Consumer Metrics Institute......Ah yes Consumer Metrics Institute......broderohttps://www.blogger.com/profile/12296214283216386700noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-64106950293186893642010-09-29T10:55:28.926-07:002010-09-29T10:55:28.926-07:00If online job demand points to rising employment, ...If <b>online</b> job demand points to rising employment, then <b>online</b> <a href="http://www.consumerindexes.com/" rel="nofollow">consumption</a> points to recession.marmicohttps://www.blogger.com/profile/08277071086056574486noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-69954131570276133592010-09-29T10:13:22.697-07:002010-09-29T10:13:22.697-07:00Boy, I sure hope so.
The Fed wants to take away th...Boy, I sure hope so.<br />The Fed wants to take away the punch bowl already.Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-33231790811907256172010-09-29T08:54:52.830-07:002010-09-29T08:54:52.830-07:00I can only surmise that if we do get improvement i...I can only surmise that if we do get improvement in job creation as these indicators suggest, then the market is going to be in for a surprise.Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-60914206025394577632010-09-29T08:48:55.344-07:002010-09-29T08:48:55.344-07:00This data combined with the American Staffing Asso...This data combined with the American Staffing Association highs<br />portend inprovement in job creation...broderohttps://www.blogger.com/profile/12296214283216386700noreply@blogger.com