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To: Bonnie Bear who wrote (7755)	11/13/1997 2:48:00 PM
From: Joan Osland Graffius	Read Replies (3) of 18056

Bonnie, >>IBM is not broken. You are right. It is my opinion that the DJI and GE are broken. You must think IBM is still the bell weather for the market? It is my opinion that IBM is a broken technology company. The two companies Intel and Microsoft added togehter IMO, are the technical bell weathers. I add the stock prices of these two companies together and look at the results. IMO, they are not broke yet - but getting close. In my opinion Intel is in a trading range at its breaking point and Microsoft has a small ways to go. Things are not pretty. Joan

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