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Technology Stocks : IBM
IBM 305.23+0.7%11:58 AM EST

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To: art slott who wrote (2865)4/21/1998 4:24:00 PM
From: The Vinman  Read Replies (1) of 8218
 
No I don't have the deer in the head lights look about now. I am sure you can see many deer from your trailer. IBM was a joke today(didn't short it), pure market frenzy. In case you didn't notice from reading the other posts, there were more than one negative review of IBMs' earnings(eg. Briefing), and rightfully so. IBM had a terrible quarter. Income down 17%, made a reduced number which they can thank less shares for and a lower tax rate. IBM had nothing good to say about the near term either, this is simply part of the incredible market hype/bubble/casino that has taken over Wall Street. Analysts lack balls of any kind these days........

Vinman
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