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Technology Stocks : IBM
IBM 306.07+1.0%10:24 AM EST

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To: Perry G. who wrote (2884)4/21/1998 9:26:00 PM
From: dave g  Read Replies (1) of 8218
 
So what part of the negative information that you are spouting wasn't already in the stock? IBM warned on bad earnings weeks ago. Asia's problems were already in the market. The forward looking comments for 1999 were pretty positive. Plus don't ignore the overall cash flow into the market. This market will stay over priced until the baby boomers start pulling their money out. Hey it has to go somewhere why not IBM??
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