IBM Message Board - Msg: 3140884

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Technology Stocks : IBM

IBM 305.17

0.0%

11:14 AM EST

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To: DAN KACKLEY who wrote (2091)	1/10/1998 4:54:00 PM
From: Robert Scott Diver	Read Replies (2) of 8220

Dan, IMHO IBM significantly below $100 is unlikely. IBM still has unexpended buyback $ that kick in below $100 (guessing here, no real info unfortunately) and less than $100 seems to kick in accumulation programs. Unless the market really tanks or the earnings are poor (my guess is that they will be surprisingly good), we are probably very near the low at this point. Wishing I had been smart enough to sell above $110 so I could buy now, I am really interested in why you picked 120 as the point to start shorting. TIA for your response. Scott

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