IBM Message Board - Msg: 13017359

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Technology Stocks : IBM

IBM 312.54

+1.9%

Nov 6 3:59 PM EST

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To: David W. Taylor who wrote (6212)	3/1/2000 4:48:00 PM
From: Joseph Pareti	Read Replies (2) of 8218

>For my money IBM is a buy at around $60. you 've gotta be kidding BIG TIME... what is the PE of a sucker like 3com ? did they go all the way from 20 bucks to $100 plus based on fundamentals ? in fact they still suck and the action is just because of the hype around palm ipo (10% of revenues). I spare the next tirade on the internuts because it's kind of obvious isn't it. would you be more confident buying IBM when it's down 30% or yahoo when it 's down 300% ? remember, today's greed is tomorrow's panic. IMO IBM below 100 bucks is a steal.period.

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