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Technology Stocks : IBM
IBM 300.98+0.2%Dec 19 9:30 AM EST

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To: Tony Wang who wrote (5562)9/18/1999 11:53:00 AM
From: Tony Wang  Read Replies (1) of 8219
 
PS: IBM coming toward support at the 121 level. A major
buy zone. The trick with trading blue chips is to buy on
weakness when discussions of a quarter sets in panic on a
stock such as IBM. Mainframes is not the growth area of IBM. The service sector is. I would not lose any sleep over an analysts revision, which was probably too high to begin with. I would buy the stock and downgade the analyst.
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