Annex Research - A Computer Consulting Firm - Bob Djurdjevic

IBM: Another Phoenix of the IT Industry (Analysis of IBM's fourth quarter 2010 business results)
One Man's Pain, Another Man's Gain? (Analysis of possible impact of Steve Jobs' health on IBM, Intel, other IT companies)
Press Clips

2011

Consumer Rules (Analysis of top 15 global IT leaders' stock and business performances)
IBM Hardware to Rise and Shine Again (Analysis of IBM STG business results and outlook)

2010

BARRON's: IBM Shareholders Will Like New Year (Analysis of Barron's article on IBM stock)
HP's "Stealth CEO" Sounds Bullish in First Public Appearance (Analysis of HP's fourth quarter business results)
Silicon Valley Rodeo (An Editorial on Silicon Valley Shenanigans and Expensive Trivial Pursuits)
IBM Business Up, Stock Down (Analysis of Big Blue's third quarter business results)
Move over Microsoft, Apple Takes the Pole (Analysis of top 15 IT industry leaders' market and business performances)
Accenture: Poised for Solid Growth Again (Strong Finish in FY2010 Heralds Bullish Outlook for Next Year, But Aggressive Expansion May Threaten Quality)
"Black Continent:" Biggest "White Space" Left (Message "Out of Africa" to Rest of the World: "Come Hither!"; Africa - Next China, India? )
HP: "Winner" in Game of Chicken (Analysis of HP's bid for 3Par)

HP's Hurd: Do As I Say Not As I Do (HP's "Humpty-Dumpty" who could "Walk on Water" could not walk his talk)
A Mixed Bag of Goodies (Analysis of IBM second quarter business results)
Big Blue Rains Honey on Wall Street (Analysis of IBM's long-term business outlook)
As Good As It Gets Still Not Good Enough (Analysis of IBM's first quarter results and market's reaction to them)
IT User: Between Rock and Hard Place (MacGoogle Only Slightly Better than Wintel, But Google Apps Offers Ray of Hope)
IBM: Steady, As She Goes (Update to our five-year IBM forecast)
HP, Capgemini Send Mixed Signals (... and get mixed investor reactions; analysis of latest business results)
IBM Delivers... (Analysis of Big Blue's fourth quarter results)
Big Blue Poised for Growth Again (IBM 2010 "State of the Union" analysis update)
Rally of Hope over Fact Continues (Analysis of Top IT Companies' 2009 Market & Business Performances )

2009

Also check out...

Broken Windows, Broken Promises ("State of the Union"-type analysis of PC/Windows quality)
A Shrinking Giant (Analysis of HP's fourth fiscal quarter business results)
Triple Trouble Hits Armonk (Analysis of insider trading charges against a senior IBM executive)
IBM Stock Takes a Beating (Analysis of IBM's third quarter business results)
Obama's "Don Quixote" Swings and Misses (Analysis of DoJ's latest antitrust investigation of IBM)
A Rally of Hope over Fact (Analysis of Top IT companies' latest market and business performances)
A Fading Star (Analysis of Accenture's fourth quarter fiscal 2009 results)
Tempest in a Teapot (Analysis of latest IT services industry M&A's)
HP: Less Than Meets the Eye (Analysis of HP's third fiscal quarter results)
Big Blue Blows Lid Off Forecasts (Analysis of IBM's second quarter business results)
Apple, Google Pace Comeback (Analysis of Top 19 Global IT Companies' Market & Business Results)
Revenues, Earnings Drop (Analysis of Accenture's 3Q FY09 results)
IBM Takes the "Gold" (Analysis of Global IT Services Octathlon 2009 results)
Suddenly, All Lines Point South (Analysis of HP's second quarter business results)
Steady As She Goes (Analysis of Capgemini's 2008 business results)
Back on Growth Track (Analysis of IBM Global Services' 2008 results)
Sometimes Less Is More and Down Is Up (Analysis of IBM's first quarter business results)
IBM's Holistic Approach (Treating businesses like living organisms - secret of IBM's success)
IBM Tries to Pull Dow, HP Up (Big Blue stock up sharply after CFO's remarks at investor conference)
Hurd's First Stumble (Revenues, earnings disappoint Wall Street, stock down sharply)
Two Thumbs Up for Big Blue (IBM provides badly needed boost to Wall St with excellent 4Q report
Big Blue: All Heart (IBM is investing in America's Heartland while others in Corporate America are downsizing there)
Satyam: When You Catch a Tiger by the Tail... (An editorial about how greed and success can impair good judgment)
The Year of Living Dangerously (Analysis of global investment trends in 2007-2008)

Annex Research
Haiku, Hawaii, U.S.A.
Tel/Fax: (602) 532-7789

For more information, E-mail us at: annex@djurdjevic.com