INTEL- Money Making Option Ideas for Small Investors Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : INTEL- Money Making Option Ideas for Small Investors

INTC 40.48

-2.1%

3:23 PM EDT

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Early Bird who wrote (165)	7/20/1997 2:13:00 AM
From: IQBAL LATIF	of 201

Bang or a whimper- The IBM saga? Subject: "IDEA OF THE DAY"-Trading in&out for profits. \| Previous \| Next \| Respond \| Remove Navigation To: +UPAL (3201 ) From: +IQBAL LATIF Jul 19 1997 5:01PM EST Reply #3203 of 3222 Upal- I am looking into lot of good companies and I hope this will take me few days. Dell has intrigued me, I have neglected this excellent distributor with a cap in excess of 24billion$'s although it was part of my holdings but I prematurely got rid of it. I keep my investment universe quite limited and now a days concentrating on IBM. I expect that IBM beats first call estimates by a big margin, I think we should see earnings in excess of 1.48 going forward IBM should make 8$-9$ conservatively with an upside of even possible 10-11$ in 1998, this were if I am right Prudential projections somewhere around in April 1997. Future explosive growth is still not built in the price once market wakes up to it we may see IBM closing 1997 around 140-45$. MSFT has outperformed S&P by 400%+ whereas IBM has so far been modestly up only by +5% in comparison to S&P, in terms of performance IBM should do well and has lot of upside room unlike MSFT. It was based on this I made my recommendation a week earlier than Abby Cohen; the day I came out technically IBM was severely overbought and MM's were trying to let July's expire worthless but I stood my ground and was sure that my numbers make sense. To be honest I have recd so many letters of thanks from people who have made money on INTC IBM, my two plays during last week. I think IBM even after the numbers will be a good play, TXN ran up before the numbers but it did come with an upside surprise and had a decent post-earnings run. INTC and CPQ even MSFT all beat the market the later only by a cent but expectations were 85 they could come up there but I think Gates personaly punctured 'irrational gloss' from the numbers. He must have realized that beating market would take the stock far ahead of itself making it difficult to fulfill future expectations, he has a clout and can pull such 'accounting sleight of hand'. IBM is in different category it is not trading at a lofty multiple like MSFT. Reports trickling from leasing and main frames are good I think even soft PC sales last time would now show some strength and $ translation adjustment like SUNW if any will have a good impact. So for me stage is set for an upward break if it disappoints you will certainly have a chance to own IBM at a much lower level but do own it - big blue is bubbling to pop up. I hope it happens with a bang not a whimper. \| Previous \| Next \| Respond \| \| View SubjectMarks \| Bookmark this Subject \| Return to Market Trends and Strategies One or more words separated by spaces: Subject Titles Only Full-Text Messages with Links Send questions and feedback to webmistress@techstocks.com To link to this reply, use the following Location: Terms of Use

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next