Professor Aswath Damodaran did an interview with CNBC Wednesday in which he listed three value traps he sees and three tech companies that are buys. During the interview Damodaran discussed why he likes Amazon's (AMZN, Financial) business and not its stock and why he likes Microsoft's (MSFT, Financial) stock and not its business. After talking about tech plays he likes, Damodaran went on to explain why IBM (IBM, Financial) is a value trap.
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Part Two: