IBM Message Board - Msg: 5173121

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Technology Stocks : IBM

IBM 304.42

+0.1%

Nov 25 3:59 PM EST

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To: Ben Antanaitis who wrote (3468)	7/12/1998 9:22:00 PM
From: j g cordes	Read Replies (2) of 8218

IBM will find difficulty holding on, along with the rest if this gets too confusing... "...World financial markets have been on hold for the past week since opinion surveys pointed to a tough electoral fight which could lead to Hashimoto stepping down, throwing into disarray efforts to drag Japan and Asia out of economic crisis. "I don't think this result is a positive scenario for markets. Uncertainty is a bad thing and right now there is too much uncertainty," said Ron Bevacqua, an economist at Merrill Lynch in Tokyo. Market watchers said they feared the yen would weaken and Tokyo, and possibly other world stock markets, would lose ground when trading resumed on Monday after the weekend break." Asia redo... with European banks and a number of techs seeing their wall of worry go from 30 degrees to vertical. The interesting scenario plays into an interesting expiration week with markets at all time highs... look for bonds to get fat and some stocks to falter. Jim

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