IBM might be headed for a kicking Wall Street predicting Square will make its eyes water One of the top-performing hedge funds is betting that shares of the ever-shrinking Biggish Blue are set to fall. President and Founder of Light Street Capital Management Glen Kacher, whose Light Street Capital hedge fund is up 53 percent this year through October, told the Reuters Global Investment 2018 Outlook Summit that Square technology could mean “trouble” for companies that draw revenue from lesser point-of-sale technology, such as IBM, VeriFone Systems and Ingenico Group. http://fudzilla.com/news/44972-ibm-m...-for-a-kicking |
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