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Technology Stocks : IBM
IBM 309.39+0.5%3:59 PM EST

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To: J R KARY who wrote (2515)2/19/1998 9:54:00 AM
From: Jules B. Garfunkel  Read Replies (7) of 8218
 
Jim, IBM @ 104
Doesn't it concern you that IBM has spent so much money for advertising during the Olympics, (enough money for IBM to state that Q1 earnings will be negativey impacted by high advertising costs), and now we are told that viewership of the Olympics has been a disaster?.

Or, are you not concerned that Dell reported exceptionally strong sales in the Enterprise Server market, including Asia, which is probably at the expense of the incumbent IBM, and to the benefit of Dell's supplier Intel?

So tell me, but give us facts, why is IBM's stock price up over one this morning and not more adversely affected by the above?
Jules
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