Zahra must be stinging from a year ago when he got called on the profit warning from 5% increase to 11% decrease in 2 months. Happy to be contrarion here, I don't think 35-40% drop is going to occur. I think Zahra has left himself a little wriggle room. New CEO wanting to surprise the market to the upside after coping wrath of market last time.
Once the IBM website is up, with a full functioning chain from click to schmick profit will take off.
Clicks n bricks, Nordstrom. Do your own research sheep!
DJS Price at posting:
$2.35 Sentiment: LT Buy Disclosure: Held
