Market Alerts: eBay (Nasdaq: EBAY) and Carl Ichan; IBM (NYSE: IBM) and Lenovo

Activist investor Carl Icahn's proposal to split up eBay Inc. (Nasdaq: EBAY) from its payment unit PayPal makes no sense to Money Morning's Defense & Tech Specialist Michael Robinson.

Robinson joined FOX Business' "Varney & Co." today (Thursday) and discussed why he thinks this proposed plan is crazy, and what it means for eBay - and eBay stock holders.

Robinson also told investors what they should do with IBM Corp. (NYSE: IBM) stock following news that it sold its low-end server business to Lenovo for $2.3 billion:

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