IBM Message Board - Msg: 3180454

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Technology Stocks : IBM

IBM 305.11

+0.2%

3:59 PM EST

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To: DAN KACKLEY who wrote (2125)	1/15/1998 6:46:00 PM
From: Robert Scott Diver	Read Replies (1) of 8219

Dan, IBM bearishly went up on very good volume today while the market went down. Perhaps some investors know that IBM is selling the additional hardware needed for Y2K testing and Y2K consulting services. Other investors might know that people are buying new IBM hardware and software to improve price/performance and enable e-commerce AND solving their Y2K problems at the same time for less than solving the problem on old hardware and software would cost. Perhaps the stock is being manipulated. Could be that Jim Kary has the billion dollars <GGG> it would take to manipulate the price a little for a very short period of time. I wish it was me with the $'s required. BTW, even if one fund sold all of their technology stock, would that make them 00.01% of the technology stock funds? Surely having 1/1000 of the technology funds sell all of their stock is a harbinger of disaster. Scott (the IBM bull)

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