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Buffett and Cooperman Commit Billions to IBM and RIM: New Tech Up Cycle?

Posted by Igor Stenmark
Igor Stenmark
Igor Stenmark is a Managing Director of MGI Research.
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on Monday, 14 November 2011
in Tech Industry Current Events

Over the last couple of days, two mega investors, - Warren Buffett of Berkshire Hathaway and Leon Cooperman of Omega Advisors have announced large stakes in IBM and Research in Motion (RIM) respectively. On the heels of these announcements questions have been raised, if these two events represent a beginning of a new up cycle for tech equities.

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