IBM Message Board - Msg: 3217810

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Technology Stocks : IBM

IBM 304.38

+0.2%

Dec 24 12:59 PM EST

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To: Jules B. Garfunkel who wrote (2180)	1/21/1998 7:13:00 AM
From: Jacques Newey	Read Replies (2) of 8219

Jules, re: "revenues of 2.501 %. It was even worse than your 3 %." I stand corrected. Once again I have to agree 100% with your comments here and recently on INTC thread (#830) comparing INTC/IBM performance and valuations. It continues to amaze me how the analysts seem to be looking at a different set of numbers than you and I. This is a classic example of how markets are inefficient. Sure, we all have access to the same information. The incredible thing is we all interpret the data so differently. Fortunately, we can use this "gap" in understanding to our advantage. Case in point, our beloved Intel which is grossly undervalued and still understood by Mr. Market in my opinion. Thanks again for yet another wonderful post! Sooner or later, IBM will have to pay for (poor) performance.

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