INTC Message Board - Msg: 11654445

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Technology Stocks : INTC

INTC 41.34

-0.4%

Oct 29 3:59 PM EDT

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To: Jules B. Garfunkel who wrote (966)	10/20/1999 5:04:00 PM
From: Road Walker	Read Replies (1) of 990

Jules, re: IBM From their earnings release: "Looking forward, we believe we will continue to feel the effects of the Y2K slowdown in the fourth quarter and into early next year," Mr. Gerstner said. "However, even though it is difficult to make predictions, next year has the potential to be a very good year for IBM, once we get past any lingering Y2K effects. As our third-quarter results demonstrate, our business portfolio has great breadth and resiliency. We remain confident about our fundamental business strategies, the value of our products and services, and our overall momentum." Defensive as hell, looks like the shell game we have discussed in the past has finally reached the point where "you can't fool Mother Nature". Hope you still own some puts (I don't). John

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