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Technology Stocks : IBM
IBM 310.49+0.4%3:59 PM EST

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To: Ben Antanaitis who wrote (3896)10/4/1998 4:52:00 PM
From: J R KARY   of 8218
 
Ben two consecutive monthly opts expir at $120 ? That's stability

Noticed accumulation at $119 - 120 in Friday's action :

traders.com

ORCL's earnings warning will somehow implicate IBM . It has now been posted twice but actually touts IBM's sales agressiveness:

" Oracle said its competitors in that market -- principally International Business Machines Corp..... -- are offering deep
discounts to try to recapture or gain market share in the relational database market. "

dailynews.yahoo.com

If IBM becomes silent until 10/16 opts expir, then it looks like old times again , where the price rockets upward after expirations on better than expected earnings .

Back to the future ? A few years back this was routine .

Jim K.
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