IBM stock is basically cash. Limited growth potential, very stable, fat dividend.
Press release says it's all cash at $35/sh using cash-on-hand for the purchase.
Ugh, and have you actually looked at IBM’e share price? Or is it this because IBM isn’t cool to you? A bit rich for a community that’ll go work for shares in some dinky web app startup.
Yes I did, it was overextended by about 30 points yesterday