Cramer Takes Another Swing at IBM’s Palmisano
Jim Cramer came out swinging in a strong market. As far as IBM (IBM-NYSE), Cramer said the call about $20.00 downside to IBM shows the board of directors needs to fire Palmisano as CEO because of a leadership problem. He…
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Jim Cramer came out swinging in a strong market. As far as IBM (IBM-NYSE), Cramer said the call about $20.00 downside to IBM shows the board of directors needs to fire Palmisano as CEO because of a leadership problem. He thinks that Palmisano leaving could be worth $15 per share.
Cramer also said Apple (AAPL-NASDAQ), and this is the last quarter of earnings without the iPhone being in the numbers.
Jon C. Ogg
April 20, 2007
Jon Ogg can be reached at [email protected]; he does not own securities in the companies he covers.
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