IBM Message Board - Msg: 4149674

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Technology Stocks : IBM

IBM 309.24

-0.5%

Dec 12 9:30 AM EST

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To: mr.mark who wrote (2883)	4/21/1998 8:21:00 PM
From: Perry G.	Read Replies (3) of 8218

What a JOKE....just because IBM popped up today you think that you were right... All the suckers who bought today and tomorrow...and for the next few days are buying on the basis of Analyst recommendations that are meant to protect the HUGE clients...IF you can't see that the 1st Quarter SUCKED...and that the second quarter is going to be even worst you didn't read the report...READ the REPORT...IT WAS BAD... IBM's QTR over year ago QTR fell in revenue and earnings..THAT's BAD...ASIA is in a RECESSION...and ENGLAND will confirm shortly that GROWTH there is bottoming...GROWTH around the world is OFF big TIME IBM's cash decreased...and DEBT increased Qtr to Qtr. sequential growth was negative...THAT's bad Analysts lowered 1998 estimates IF YOU BOUGHT today you bought from the clients ANALYSTS are meaning to get out... NO ANALYST COULD DOWNGRADE IBM...IT MIGHT BRING THE WHOLE THING DOWN...

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