IBM Message Board - Msg: 3144726

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 : IBM

IBM 305.68

+0.2%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: DAN KACKLEY who wrote (2108)	1/11/1998 9:08:00 PM
From: Art C.	Read Replies (1) of 8220

You are right on that-----I keep a coin that I toss in some cases. It has been well used in the past 3 months. I believe that if the price stays at the present level (below 105) til earnings, there will be a positive reaction. One thing that bothers be at this point is that even if IBM makes the estimate, and I believe that the latest is (off the top of my head) 2.20, that will bring the past 12 months to $6 and some change. I don't have the numbers in front of me, but I did some calculating a couple of nights ago. IBM's PE doesn't seem to want to go above 18. That doesn't leave a whole lot of up-side to the stock price unless the investors decide that IBM's future is worth a better multiple. Art

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next