IBM Message Board - Msg: 4611247

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Technology Stocks : IBM

IBM 300.94

+0.2%

3:59 PM EST

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To: Chris who wrote (3158)	5/27/1998 12:02:00 PM
From: J R KARY	Read Replies (1) of 8219

Sometimes a CEO selling and a buy back create opportunity Mr G will not be unloading his shares below $116 , so expect to see the buy back then the good news machine to kick in . The quarterly ritual of the grouping of bad news shows The Street can handle trades now reduced to $10 . Group the bad news (called pre-warnings) against unpublished expectations (whisper numbers) , throw in a shill (A. Greenspan) , point to fouled up foreign country and you get widows and orphans to buy and sell irrationally . Can't always count on a President to screw up quarterly - you really can't . IBM will meander to $140 after the above nonsense takes place . Regards, Jim K.

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