IBM Message Board - Msg: 4167096

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Technology Stocks : IBM

IBM 307.94

0.0%

Dec 5 3:59 PM EST

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To: art slott who wrote (2916)	4/22/1998 7:26:00 PM
From: The Vinman	Read Replies (4) of 8218

IBM was down 3 points today for good reason. Investors realized IBM had a bad quarter, and wouldn't have beat even lowered estimates if it hadn't been for lower tax rates and less shares outstanding. This takes a day or two to sink in at times. MSFT down 3 after hours and the futures are down 2.80....IBM will lose more ground tomorrow, the fools that bought at the high yesterday will be selling to beat the band if they haven't already....IBM will see 95 again this year....NO GROWTH AT ALL..... Vinman

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