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Non-Tech : Kirk's Market Thoughts

COHR 191.04

-2.5%

Jan 16 9:30 AM EST

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To: Kirk © who wrote (5955)	7/2/2018 5:22:31 PM
From: Kirk ©	Read Replies (1) of 27068

I'd add IBM as another "safe dividend payer" I was slowly buying in the late 1980s and early 1990s to diversify some of my great HP profits... but it slashed the dividend and crashed where I doubled down at about $11 which turned out great but was no fun during the decline.... If I recall correctly what was the "double down buy signal" it came when I was in Las Vegas at COMDEX "entertaining" the laptop project leader who was going to put our IR link into their laptop... IBM had STRICT rules that their engineers couldn't let us pay for anything so we just had fun paying for ourselves while checking out what was offered, etc. at the show. I believe it was the next year at COMDEX, to signal that IBM was CHANGING, they hired Gallagher to smash watermelons on the convention floor and had all the engineers wear polo shirts rather than ties like the rest of us were wearing! Let me know if AT&T starts smashing watermelons -grin-

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