Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: marginmike who wrote (176984)	7/2/2002 12:19:40 PM
From: Box-By-The-Riviera™	Read Replies (2) of 436258

8:37 (Dow Jones) The market has been treating IBM irrationally over accounting issues for some time, says UBS Warburg, which dismisses the latest concerns about a services pact to Worldcom (WCOME). Those worries helped to knock $4.40 off IBM's share price Monday. "While we do not know when the emotion will shift and the 'irrational austerity' on IBM will end, we do expect the company's earnings performance to be head and shoulders above its peers." The firm keeps its strong buy rating and its $120 price target. IBM ended Monday at $67.60. (GS)

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