IBM Message Board - Msg: 3079147

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Technology Stocks : IBM

IBM 309.13

+0.9%

3:59 PM EST

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To: Jim Patterson who wrote (2054)	1/2/1998 3:29:00 PM
From: Robert Scott Diver	Read Replies (1) of 8218

Jim, re. "I think all of tech is a short, I just was thinking about IBM's announcement and the other HDD Co's." Most of the other HDD companies have already reported poor results. IMHO this is because IBM is eating their lunch. Technology as a sector has one of the highest long term growth rates, yet the relative strength of the sector is about 41 per IBD. Some are avoiding tech because of volatility. IBM is among the least volatile techs. It is hard to see much downside left, especially for IBM. JMHO. Scott

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