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The company is constantly trying to stave off rumors of an impending bankruptcy. Meanwhile, the company equity value today is less than it was 50 years ago
These companies are clearly in the Rapids, seeing revenues grow in double digits and they are profitable. They have a very different Lock-in problem.
The good news was revenue climbed 13% and income from continuing operations rose 22%. This ability to stay in the Rapids is pretty amazing, given that a 10% growth at IBM means adding more than $10B per year.
The internet started to affect how people searched for and acquired information by the mid-1990s.
the CEO said he was looking to convert some truck plants to make hybrid cars.
The previous CEO recognized this, and undertook a wave of projects to grow the company.
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