ONE IDEA.Name: Jerry Orlowsky Home: Woodland Hills Age: 62 Occupation: Accountant One idea: Orlowsky bought 250 shares of International Business Machines four years ago when the Armonk, N.Y.-based computer hardware behemoth behemoth (bē`hĭmŏth, bĭhē`–) [Heb.,=plural of beast], large, fanciful primeval monster, like Leviathan, evoking the hippopotamus mentioned in the Book of Job. was trading around $50. Quote: ``I know the stock is high right now, but the company is a solid, long-term Long-term Three or more years. In the context of accounting, more than 1 year. long-term 1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term. investment. I can assure you this company will be around for a long time.'' Ticker ticker An automated quotation system on which security transactions are reported after they occur on an exchange floor. Even though the newer systems are electronic and no longer actually tick, the name of the old mechanical device has stuck. : IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) Friday's close: $114.08 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion