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Technology Stocks : IBM
IBM 307.940.0%Dec 5 9:30 AM EST

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To: art slott who wrote (6943)10/31/2000 7:24:05 PM
From: Jim Koch  Read Replies (2) of 8218
 
Art, beginning to agree with you.

Last quarter's performance was not good and if 4th qtr is the same, this puppy is going to get punished! I really thought the 2nd half would be very, very strong and the stock would rebound. Thank goodness I didn't let my emotions take over completely and had the good fortune to cover my butt with puts. I think my break even price is around 106 and if it gets that high, might think of getting out and watching from the sidelines for awhile.

Positive comments and share buybacks can only take you so far. Revenues have to increase, period.

Another VERY unhappy investor.
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