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Tuesday, January 18, 2011

IBM :)

Crushed it. Nice.

Theory of expanded multiple is becoming a reality. Awesome.

As you can tell, I am happy :)

The year-over-year growth numbers are really nice. A very real acceleration in growth is present definitely meriting a higher multiple.

I will take a look at the quarter-to-quarter numbers for their businesses over the weekend. If there is hints of acceleration, the multiple expansion will happen sooner-rather-than-later.

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