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Technology Stocks : IBM
IBM 298.18+2.7%3:20 PM EST

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To: Skeeter Bug who wrote (5329)6/28/1999 1:58:00 PM
From: Marty  Read Replies (1) of 8218
 
Re your "...this bow wow of a company ..."

On October 26 of last year, among other predictions of a drop in price for IBM for one reason or another, you wrote ...

"that is all i'm saying. maybe ibm stops buying shares, ibm goes to $200 and falls to $160 at some point. it could happen. i just don't think it is likely. if ibm takes a big fall - which is in no way unprecedented - then ibm made some major blunders. i'm not guaranteeing it will happen. i do, however, believe ibm is overvalued and will fall to more realistic pe ratios."

That was when IBM was at a split adjusted 71 7/16 a share and now, nine months later, it is over 123. That is over a 72% increase! You were obviously wrong then and I, for one, think you still are.

Unless you want to continue to be a loser all your life, why don't you go back to school and learn how to spell, how to punctuate, how to think and how to communicate. Have the grace to go away and stop imposing your illiteracy, your simplistic theories, and your uninformed skepticism on the rest of us.
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