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Technology Stocks : IBM
IBM 292.41-0.7%3:59 PM EST

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To: The Vinman who wrote (2917)4/22/1998 9:10:00 PM
From: Sleeperz  Read Replies (1) of 8220
 
Do you think IBM will pull an SGI and abandon their Mainframe processor biz and join the INtel following with the PII Xeon and
MERCED in the future? If they can beat em join em.

cl

>>>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.....<<<<
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