Trade/Invest with Options Jerry a Point & Figure Chartist Message Board

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Strategies & Market Trends : Trade/Invest with Options Jerry a Point & Figure Chartist

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To: Frederick Langford who wrote (5872)	5/13/2002 9:19:19 AM
From: 2MAR$	of 5893

well IBM could light jerry's fire weds on their CC ... IBM IBM named Action Idea of the Week at SG Cowen (79.68) SG Cowen names IBM their Action Idea of the Week based on the belief that 2002-03 EPS will top consensus; pickup in services contract signings during Q4-Q1 may presage a resumption of double-digit rev growth in Services beginning in Q4, and OEM biz should see earnings swing as customers' inventories of IBM's chips are now in balance and the HDD loss is being eradicated. At 15x 2003 est and a 22% discount to the S&P 500, shares look "conspicuously undervalued". Price target is $112. let the pumps begin! ;-)

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