Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Cynic 2005 who wrote (44712)	12/7/2000 9:59:36 AM
From: Cynic 2005	Read Replies (1) of 436258

Before I posted that note, I was not aware of the fact that there were rumors about possible preannouncement from IBM. Also, Fleck mentioned it on the Rap last night! History in the baking. . . A little fuel was thrown on that fire when Circuit City (CC) preannounced yet again and that stock promptly dropped $3 to $9. Also, it appeared that the Hewlett-Packard (HWP) analyst meeting would not produce any sizzle, and that stock was down 10 percent. IBM (IBM) was down 5 percent as rumors swirled of a preannouncement -- something IBM has never done before. Microsoft (MSFT), too, was feeling the pressure, down about 4 percent as folks appeared to contemplate the once-unthinkable, i.e., a preannouncement. So it was a clean sweep on the downside for anything related to PCs.

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