IBM Message Board - Msg: 11657353

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Technology Stocks : IBM

IBM 305.37

+0.7%

11:34 AM EST

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To: Jim Koch who wrote (5679)	10/20/1999 9:47:00 PM
From: wolfdog2	Read Replies (2) of 8218

I don't think that I've previously posted on this board. Heck, IBM was a good story and the stock just took care of itself. Unfortunately, the market is going to take care of IBM tomorrow. Look what happened to UIS last week. The stock was almost sliced in 1/2 after it announced similar Y2K problems. I don't think IBM will be hit as badly, but a 10-20 point decline from here wouldn't surprise me. When all is said and done, we'll get a good buy point, but there's going to be some pain, probably a lot, between here and there.

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