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Technology Stocks : IBM
IBM 297.59+2.5%Nov 21 9:30 AM EST

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To: Greg R who wrote (5442)7/19/1999 5:57:00 PM
From: J R KARY  Read Replies (2) of 8218
 
Apply the price earnings multiple and there is yet room to grow

>> In 1 yr, earnings up 17%, share price up 223%. What's wrong with this picture? >>

Don't forget 4Q is the biggie and the CFO expects this growth to continue .

dailynews.yahoo.com

And don't forget INTC was .02 short on its last EPS expectation and moved up the following day .

Jim K.
PS: on the pref re-purchase - wonder if $5 bln IBM just rec'd from ATT is funding it ?
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