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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: stomper who wrote (108828)6/14/2001 4:24:35 PM
From: Earlie  Read Replies (2) of 436258
 
Stomper:

Remember my post of a few weeks ago wherein I stated that this warnings period would be the worst we have seen this decade?

And it isn't going to do anything but get worse for the next few quarters (at least).

Last quarter, I suggested that Louis might sneak through Q1 based on a mighty accounting effort. He did. But this quarter, I expect a flock of chickens to come home to roost and land on his double chinned head. One single word in any near term IBM document that doesn't read like the new testament and the funds will trash his stock. When a "darling stock" is finally unmasked, the street typically brutalizes it.

Last year, I played IBM in and out (but always short) and it was good to me. This time around, I am playing it aggressively and for blood.

Best, Earlie
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