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The investment implication of IBM newest round of layoffs

Tony Sagami | March 28, 2009

IBM just announced that it will lay off 5,000 of its North American workforce. Layoffs are happening everywhere but these layoffs are particularly telling because what the U.S. is losing … India is gaining. Two India software companies are the beneficiary of IBM’s U.S. blues. Listen here to find out who those two long-term India winners are.

Regards,

Tony



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Uncommon Wisdom (UWD) is published by Weiss Research, Inc. and written by Sean Brodrick, Larry Edelson, and Tony Sagami. To avoid conflicts of interest, Weiss Research and its staff do not hold positions in companies recommended in UWD, nor do we accept any compensation for such recommendations. The comments, graphs, forecasts, and indices published in UWD are based upon data whose accuracy is deemed reliable but not guaranteed. Performance returns cited are derived from our best estimates but must be considered hypothetical in as much as we do not track the actual prices investors pay or receive. Regular contributors and staff include Kristen Adams, Andrea Baumwald, John Burke, Amber Dakar, Dinesh Kalera, Red Morgan, Maryellen Murphy, Jennifer Newman-Amos, Adam Shafer, Julie Trudeau, Jill Umiker, Leslie Underwood and Michelle Zausnig.

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Tony Sagami is the editor of Asia Stock Alert, a monthly newsletter with a mission to help you profit from booming Asian economies with companies the Wall Street crowd ignores. One of the most experienced research analysts in the industry, Tony follows a “boots-on-the-ground” approach for getting his market insights by traveling throughout Asia. Each month, he brings members profit-packed opportunities. Plus, Tony lets you know when to buy, how much to pay, and when to lock in those profits. For more information on Asia Stock Alert, click here.

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{ 4 comments… read them below or add one }

howard March 28, 2009 am31 9:49 am at 9:49 am

Tony,
It is with great disappointment that I can not get to view your video in your Uncommon Sense program. I am sure that you have some wise things to say. If you could manage to make a write-out copy of what you have to say, what an insight that would be!!!!! I have an up-to-date computer, am on the internet, and you would think all systems would be GO. But, I live way back in the boonies and can not get the “high-speed” connections to view especially your particular videos. I am able to get videos from other sources. But not yours, Larry”s or Jack’s. You have a problem, I think. Howard.

Reply

Bert McBride March 28, 2009 am31 11:47 am at 11:47 am

Have phone hookup and not your highspeed. Ant written material is great.

Thanks

Bert McBride

Reply

larry tomlinson March 28, 2009 pm31 2:16 pm at 2:16 pm

I need more than your naming the companies that will benefit from ibm move to china. thanks Larry

Reply

Kay March 29, 2009 am31 8:02 am at 8:02 am

Tony mentioned two companies to look at in India – Interset and Wepro. Could you please clarify the spelling of these two company names and also give the stock symbols for them.
Thank you,
Kay

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