Third in a long series of columns about what’s wrong with IBM

The current irrationality at IBM described in my two previous columns and in the comments so far from about 300 readers is not new. Big Blue has been in crazy raptures before. One was the development of the System 360 in the 1960s when T.J. Watson Jr. bet the company and won big, though it took two tries and almost killed the outfit along the way. So there’s a legacy of heroic miracles at IBM, though it has been a long while since one really paid off.

There are those who would strongly disagree with this last statement. They’d say that with its strong financial […]