IBM Message Board - Msg: 4151990

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Technology Stocks : IBM

IBM 310.73

-0.6%

Dec 11 3:59 PM EST

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To: art slott who wrote (2890)	4/21/1998 10:54:00 PM
From: Perry G.	Read Replies (2) of 8218

What is your source for the statement that most of the buying today was by MUTUAL FUNDS.... I have agressively traded options in this stock both up and down... If this report had come out last APRIL, when I did own calls, this stock would have traded in the LOW 90's... Is the valuation of stocks to now be "WHERE else are the baby boomers going to put their money"? THERE'S NO INFLATION IN REAL ASSETS BECAUSE THE INFLATION IS IN THE EQUITIES MARKETS.... TODAY'S POP WAS PURE INFLATION...and IF YOU ARE SMART...you will sell fast into this RALLY in IBM...it's not going to last long... THIS is not NOV 1996 or APR 1997 WITH IBM leading the way...

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