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Technology Stocks : INTC
INTC 39.50-1.2%Nov 3 3:59 PM EST
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To: Gary Kao who wrote (728)10/21/1997 4:14:00 PM
From: Jules B. Garfunkel  Read Replies (2) of 990
 
Gary,
Right now I am feeling like a stunned wounded Bear. At least on IBM.
I still have until January on my IBM Puts, but I have never seen anything like this in 35 years of investing. While I know that "The Street" would like to see IBM continue going up, else possibly kill all the money that is pouring into Mutual Funds, but this irrationality is insane. IBM's quality of Q2 earnings were just terrible.
Jules
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