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Technology Stocks : IBM
IBM 305.09+0.2%Dec 26 9:30 AM EST

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To: DAN KACKLEY who wrote (2107)1/14/1998 12:37:00 AM
From: Bill Martin  Read Replies (1) of 8219
 
Re: Q1 and Q2 in 96 was all down hill with the yearly low set in june!

I'm sorry Dan, but you're just flat out and out wrong if you'd look at your charts. Jan 02,1996 IBM=45.4 (split adjusted). April 01, 1996 IBM=55.2 which means it was UP 21.6% for 1Q96 which is what I told you originally. Up 21.6% in just three months is a loooong way from being down for the quarter. Also as I mentioned orginally, it did indeed go down in 2Q96 but you were saying Q1 is always bad for IBM.

Bill
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