Further underlining the fact that IBM is now seen by Wall Street as just another big company with little relevance to the wider market, on Tuesday, when the Dow Jones index put on a sprightly 40.84 points to a new all-time high, IBM shares shed another $2.75 to $105.75, and now stands within a whisker of the depths it plumbed in the wake of Meltdown Monday, when it very briefly hit $100 even, although through most of that panic it was trading at around $107; on Tuesday, DEC shares shed a knee-jerk $2.375 to $88.625 in sympathy, but would be significantly higher if it were to make up its mind to start paying a regular dividend.
