●● IRC: #techbytes @ Techrights IRC Network: Sunday, June 22, 2025 ●● ● Jun 22 [03:49] schestowitz[TR3] https://www.thelayoff.com/t/1jy1fmgxg [03:49] -TechBytesBot/#techbytes- ( status 403 @ https://www.thelayoff.com/t/1jy1fmgxg ) [03:49] schestowitz[TR3] "" [03:49] schestowitz[TR3] I believe its safe to assume a 60% increase in system Z sales for its introduction quarter. Its also safe to assume a 90% increase in system Z sales year over year for the first full quarter of system Z17 sales. Net net 11 bucks per share are within reach given current course and speed. NOTE tariffs and their retaliation could easily upset the apple cart [03:49] schestowitz[TR3] 6 hours ago by Anonymous [03:49] schestowitz[TR3] | no reactions | Reply [03:49] schestowitz[TR3] Post ID: @s2+1jy1fmgxg [03:49] schestowitz[TR3] 0 [03:49] schestowitz[TR3] @qm+1jy1fmgxg Valid point about trailing vs forward earnings. But not sure I believe we'll see FY2025 EPS of $11. Like the 5-6% Revenue growth guidance, it's assuming a monster 2H due to Z17. We'll see. All this stuff seems like a repeat of Roadmap 2015 to me - people making assumptions in a spreadsheet that can't translate to reality and we know how that ended. [03:49] schestowitz[TR3] 6 hours ago by Anonymous [03:49] schestowitz[TR3] | no reactions | Reply [03:49] schestowitz[TR3] Post ID: @ry+1jy1fmgxg [03:49] schestowitz[TR3] +2 [03:49] schestowitz[TR3] @g0 OMG David LaRose is the biggest blowhard and empty suit I ever saw in 40 years in tech. [03:49] schestowitz[TR3] 13 hours ago by Anonymous [03:49] schestowitz[TR3] | 2 reactions (+2/-0) | Reply [03:49] schestowitz[TR3] Post ID: @qr+1jy1fmgxg [03:49] schestowitz[TR3] +2 [03:49] schestowitz[TR3] @k9 The current PE is crazy, but remember its a trailing PE. I believe it shows just how effective IBMs offshore (eg cost take out has been). When you replace 100k head count worth of cost for 33% of it, the 66% of cost that you saved drops right to the bottom line, and gives you a one time crazy PE. If you look at forward earnings PE, its still high, BUT a much more reasonable 25. Given that the market average for forward [03:49] schestowitz[TR3] PEs of the s&p are running in the 19-20 range, IBM is still high, but 80% SW margins will do that. Comparing IBMs forward 25 PE with other primarily SW companys PEs that are running in the low 30s range, makes IBM a little more reasonable. NET NET Wall Street currently is pricing in IBMs cost take out and the crazy PE number is reflecting that [03:49] schestowitz[TR3] " [03:50] schestowitz[TR3] https://www.thelayoff.com/t/1jy7wbjp4 [03:50] -TechBytesBot/#techbytes- ( status 403 @ https://www.thelayoff.com/t/1jy7wbjp4 ) [03:50] schestowitz[TR3] " I work with teams that consist of multiple associate partners and typically a couple of partners, one or two of these teams every single month, and for the last several months I am aware of just one senior partner who has left IBM, and possibly as a retirement as he was around 60 years old. Do you have any further detail you can share? I'm in Canada so perhaps your information applies to the US but not Canada? To be clear a lot o [03:50] schestowitz[TR3] f these people that I work with are not earning their ridiculous high pay and I would love to see many of them gone. [03:50] schestowitz[TR3] 2 hours ago by come at me bro [03:50] schestowitz[TR3] | 1 reaction (+1/-0) | Reply [03:50] schestowitz[TR3] Post ID: @ej+1jy7wbjp4 [03:50] schestowitz[TR3] +2 [03:50] schestowitz[TR3] pick me ! pick me !!!!! [03:50] schestowitz[TR3] 3 hours ago by Anonymous [03:50] schestowitz[TR3] | 2 reactions (+2/-0) | Reply [03:50] schestowitz[TR3] Post ID: @ef+1jy7wbjp4 [03:50] schestowitz[TR3] +2 [03:50] schestowitz[TR3] @cj [03:50] schestowitz[TR3] yeah, are these senior jobs being transferred to our favorite geo, India ? How will that work ? Has someone built contingencies into this layoff plan ? [03:50] schestowitz[TR3] 8 hours ago by Anonymous [03:50] schestowitz[TR3] | 2 reactions (+2/-0) | Reply [03:50] schestowitz[TR3] Post ID: @dh+1jy7wbjp4 [03:50] schestowitz[TR3] 0 [03:50] schestowitz[TR3] @ca it is about cheaper labor; any questions? [03:50] schestowitz[TR3] 13 hours ago by Anonymous [03:50] schestowitz[TR3] | 6 reactions (+3/-3) | Reply [03:50] schestowitz[TR3] Post ID: @cj+1jy7wbjp4 [03:50] schestowitz[TR3] +5 [03:50] schestowitz[TR3] @bw+1jy7wbjp4 Yes. Associate Partners, Partners, and Senior Partners in Consulting have been hit very hard by RA this year. Sadly seems like ones who really sell and deliver to clients hit the hardest. Meanwhile the bean counter administrator ones remain. [03:50] schestowitz[TR3] " [03:53] schestowitz[TR3] On Learning to Code [03:53] schestowitz[TR3] The linked article was interesting: [03:53] schestowitz[TR3] Risk Expert Says "Learn to Code" Is Now Worse Advice Than "Get a Face Tattoo" [03:53] schestowitz[TR3] https://futurism.com/risk-expert-learn-to-code-face-tattoo [03:53] schestowitz[TR3] Another article linked to the above was even more interesting: [03:53] schestowitz[TR3] "Learn AI" Is "Learn to Code" All Over Again [03:53] schestowitz[TR3] https://www.inc.com/joe-procopio/learn-ai-is-learn-to-code-all-over-again/91154304 [03:53] schestowitz[TR3] [L]et me tell you what we should do to keep our jobs instead of [03:53] schestowitz[TR3] wasting money on prompt engineering courses. [03:53] schestowitz[TR3] Get better at everything AI shouldn't be doing [03:53] schestowitz[TR3] Which is a lot. [03:53] schestowitz[TR3] ... [03:53] schestowitz[TR3] [T]oday. We've already inadvertently created a class of "AI talent" [03:53] schestowitz[TR3] that knows how to code with GitHub Copilot. This is not going to [03:53] schestowitz[TR3] create better code for better apps for better business outcomes. [03:53] schestowitz[TR3] It's doing a great job creating AI slop but with code - just like [03:53] schestowitz[TR3] "Learn To Code" created a workforce of terrible coders, who are now [03:53] schestowitz[TR3] easy targets to be replaced by AI slop coders. [03:53] schestowitz[TR3] Damn this vicious cycle. [03:53] schestowitz[TR3] Thank you. [03:53] -TechBytesBot/#techbytes-futurism.com | Risk Expert Says "Learn to Code" Is Now Worse Advice Than "Get a Face Tattoo" [03:53] -TechBytesBot/#techbytes- ( status 403 @ https://www.inc.com/joe-procopio/learn-ai-is-learn-to-code-all-over-again/91154304 ) [03:56] schestowitz[TR3] Remember blockchain and "cloud"? ● Jun 22 [06:10] *guideddrone (~guideddrone@f35cf2eqas34n.irc) has joined #techbytes ● Jun 22 [08:13] *guideddrone has quit (Quit: Leaving) ● Jun 22 [09:09] *x-amarsh04 has quit (Quit: Konversation terminated!) ● Jun 22 [10:08] *x-amarsh04 (~amarsh04@qh2x9gca8kjd4.irc) has joined #techbytes ● Jun 22 [11:39] schestowitz[TR3]
  • [11:39] schestowitz[TR3]
    Updates to the Retro Corner
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    For those of you who havent seen it, I maintain a Retro Corner. It started as a one-pager written by hand in HTML3 to list some old parts, but has become a full site itself. It broadly uses the same theme I had on my first GeoCities site I wrote in primary school, and later moved to Tripod. Its very silly.

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    • [11:39] -TechBytesBot/#techbytes-Rubenerd: Updates to the Retro Corner ● Jun 22 [13:17] *psydruid (~psydruid@jevhxkzmtrbww.irc) has left #techbytes [13:21] *psydruid (~psydruid@jevhxkzmtrbww.irc) has joined #techbytes [13:29] *MinceR has quit (Ping timeout: 2m30s) [13:29] *MinceR (~mincer@bringer.of.light) has joined #techbytes [13:29] *irc.techrights.org sets mode +a #techbytes MinceR [13:49] schestowitz[TR3]
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    XLibre Xserver v25.0 (Beta) Marks Official Debut
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    On the summer solsticethe longest day of the yearEnrico Weigelt unveiled Xlibre 25.0, a fresh fork of the aging Xorg X server. The fork aims to revitalize the decades-old display server with much-needed updates, security fixes, and a more open development philosophy.

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    • [13:49] -TechBytesBot/#techbytes-linuxiac.com | XLibre Xserver v25.0 (Beta) Marks Official Debut [13:52] schestowitz[TR3]
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    About Plasmas X11 session
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    X11 is in the news again, so I thought it would make sense to be clear about the Plasma teams plans for X11 support going forward.

    [13:52] schestowitz[TR3]

    Current status: Plasmas X11 session continues to be maintained.

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    Specifically, that means: [...]

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    • [13:52] -TechBytesBot/#techbytes-pointieststick.com | About Plasmas X11 session Adventures in Linux and KDE ● Jun 22 [14:09] *psydruid (~psydruid@jevhxkzmtrbww.irc) has left #techbytes [14:12] *psydruid (~psydruid@jevhxkzmtrbww.irc) has joined #techbytes [14:31] schestowitz[TR3] http://ipkitten.blogspot.com/2025/06/book-review-protection-of-traditional.html?showComment=1750535121967#c5426412137819088117 [14:31] schestowitz[TR3] "I suspect this book could be quite interesting as it seems to critically assess the balance and impact of Traditional Knowledge (TK) rights. I'll check out from my local library as it is a little pricey for my pocket (a problem of academic texts). I suspect this has arisen from academic and NGO-style lobbying funded by the poor taxpayers who would see a better use for their earnings." [14:31] -TechBytesBot/#techbytes-ipkitten.blogspot.com | [Book Review] The Protection of Traditional Knowledge at the Frontiers of Drug Discovery - The IPKat [14:41] schestowitz[TR3]
  • [14:41] schestowitz[TR3]
    Darktable 5.2 Raw Photo Editing Tool Released
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    One of the standout additions is the side-by-side snapshot comparisonusers can now split the viewport to compare edited versions directly instead of relying on overlays. Meanwhile, the metadata module has been overhauled, offering full customization for supported EXIF/IPTC tags via Exiv2.

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    • [14:41] -TechBytesBot/#techbytes-linuxiac.com | Darktable 5.2 Raw Photo Editing Tool Released ● Jun 22 [15:31] *psydruid (~psydruid@jevhxkzmtrbww.irc) has left #techbytes [15:44] *psydruid (~psydruid@jevhxkzmtrbww.irc) has joined #techbytes [15:51] *x-amarsh04 has quit (Quit: Konversation terminated!) ● Jun 22 [16:14] *psydruid (~psydruid@jevhxkzmtrbww.irc) has left #techbytes [16:35] *psydruid (~psydruid@jevhxkzmtrbww.irc) has joined #techbytes [16:43] *psydruid (~psydruid@jevhxkzmtrbww.irc) has left #techbytes [16:57] *psydruid (~psydruid@jevhxkzmtrbww.irc) has joined #techbytes ● Jun 22 [17:04] *psydroid3 (~psydroid@36imbvshpgubk.irc) has joined #techbytes ● Jun 22 [22:39] *psydroid3 has quit (Quit: KVIrc 5.2.6 Quasar http://www.kvirc.net/)