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Technology Stocks : IBM
IBM 305.75+0.3%Nov 14 9:30 AM EST

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To: Robert Scott Diver who wrote (7522)3/12/2002 8:16:50 AM
From: j g cordes  Read Replies (2) of 8218
 
What kind of investment is IBM now.. with more details two things seem apparent. ONe is the unusual depth of the company's potential wealth from patents, services, and the ongoing co-evolution with technology. On the other hand its evident that the sheer size and bulk of the company can make it less competitive against more nimble competition. IBM is probably a relatively overpriced stock (due to its dividend attracting 'safe' investment money) that will trade with the market... ie 15% up or 15% down from here. For traders, there are stocks that do that in a single day.. for long term investors its a safe haven with more analysts than a convention of psychiatrists in Vienna... who all tend to think alike.

goodluck, Jim
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