IBM Message Board - Msg: 16188803

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Technology Stocks : IBM

IBM 298.93

+3.1%

Feb 6 9:30 AM EST

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To: Swamp Fox who wrote (7269)	8/9/2001 11:10:07 AM
From: Stephen M. DeMoss	Read Replies (1) of 8220

Swamp Fox, Time value is the big issue. If Ibm lanquishes around the 100 for 6 months, what you buy at 2 may worth 1.3 even thought the stock stays put (down 40%). The best way to go is to wait till the smoke clears and then go long. Let the stock base and some visibility to come in. A report yesterday afternoon says PC sales will remain weak till 2005. That is a strong statement. This means IBM could drift closer to 50 then 150 over the next 4 years. I would only trade IBM based on daily technicals. I would not buy leaps on it. Just my opinion. Good luck! Steve D.

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