IBM Message Board - Msg: 4893521

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Technology Stocks : IBM

IBM 308.58

+1.8%

Nov 28 9:30 AM EST

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To: j g cordes who wrote (3299)	6/16/1998 11:53:00 PM
From: art slott	Read Replies (1) of 8218

Hello Jim C. True, but IBM of course doesn't deserve to drop as much as the others. IBM is making money. Whats funny about the ML earnings downgrade is that the analyst said he sees IBM at 130 in 12 mos. So ,I guess the only reason to sell is to buy it back and then some a little cheaper before it moves back up. Too bad I only sold 20% of my position at 125. The 10 to 20 point moves in IBM are lightning quick. But its just a sideshow to be taken advantage of(long or short)in a huge long term uptrend. Art

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