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Technology Stocks : IBM
IBM 308.71-0.2%Dec 15 3:59 PM EST

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To: Don Hurst who wrote (3220)6/8/1998 12:00:00 PM
From: J R KARY  Read Replies (1) of 8218
 
Don 2 weeks to opts expirations - INTC/FTC has IBM's bears worried

Guess Jules is preoccupied today awaiting news on whether the FTC sues INTC , so it may take a while before we hear some negative predictions on IBM from him .

With IBM's super-servers shipping , aggressive PC selling and its buy back in place , it is doubtful that IBM will take a near term hit along with the "over-touted techs" .

IMO , Gerstner's filed intention to sell almost assures a stable price and the opt exp peg will either be just under $121 or $116 . ( I hope , but don't expect unless (INTC) news < $126 )

Regards,
Jim K.
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