IBM Message Board - Msg: 5610567

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Technology Stocks : IBM

IBM 308.58

+1.8%

Nov 28 9:30 AM EST

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To: Greg R who wrote (3749)	8/28/1998 12:10:00 AM
From: art slott	of 8218

I sold about 13% today. I actually think the market over did it today. It was more at reaction to rumors about Yeltsin then anything else. I feel better owning IBM than index funds. Better value, somewhat better pricing power and the best at product innovation. Can't say when I'd buy back. Too many variables to consider. The funny thing about bear markets, is the more negativity and fear in the market the more likely the worst is over. I've never been a good timer but I also haven't sold as others have at or near bottoms. Art

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