IBM Message Board - Msg: 17193046

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Technology Stocks : IBM

IBM 305.75

+0.3%

Nov 14 9:30 AM EST

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To: j g cordes who wrote (7526)	3/13/2002 1:18:43 PM
From: Kirk ©	Read Replies (1) of 8218

Funny you say: for long term investors its a safe haven with more analysts than a convention of psychiatrists in Vienna... who all tend to think alike. when even right here half like the company as a long term hold and half have been complaining about accounting issues since 1993 when they said it was still going to go lower (last time I added significant shares and doubled up). Since 1993, I have taken nice "dividends" from IBM. Once in 1998 at $80 a share where I sold about 12% of my holdings and again in 2002 where I sold another 12 or 15% at $120 (did pretty good on that sell). I like how they buy back the stock and let me choose when to take the big dividends. As a long term holding... I expect it to go up and down... It seems there are many opinions on the value of IBM as a safe investment and always have been. My guess it is somewhere in between Enron and Treasury notes. :) Kirk

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