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Technology Stocks : IBM
IBM 307.940.0%Dec 5 9:30 AM EST
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To: Jules B. Garfunkel who wrote (3629)8/1/1998 4:41:00 AM
From: Jules B. Garfunkel  Read Replies (1) of 8218
 
Now add to my previous post.
---Continued exposure to Asia's economic troubles and currency translation problems.
---A potential scandal and tarnished image, for IBM, brewing in Russia.
---A stock price which makes it very difficult for IBM to maintain the same rate of stock buy-backs as in recent quarters.
---Depleated cash position.
---Continued problems with their PC business.
---Slowing sales of "Notes"
---Potential loss of business in the low to mid-range workstation and server markets to Intel, CPQ, and others.
and
---the continued deterioration of Shareholder's Equity as an expense for paying LG one of the highest compensation packages of any CEO in all of American business.

That's the "mystery" for me.
Jules

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