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Technology Stocks : IBM
IBM 303.23-0.4%3:59 PM EST

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To: Chris who wrote (3079)5/12/1998 3:21:00 PM
From: saju chacko  Read Replies (1) of 8218
 
went to CPU yesterday, shopping for a desktop....

the salesman said that the IBM's were selling faster than before....

but this isn't the only reason that IBM is a good pick... the dollar is strong and IBM still has good earnings... my current target is 155 to 160 and then we'll look at from there...

just wait until the dollar gets weaker... and then the price should really start to move...if the dollar loses strength within the next 3 to 4 months then IBM's target can be estimated as high as 170 to 180 within the same time period.

Saju
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