IBM Message Board - Msg: 6071683

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Technology Stocks : IBM

IBM 290.44

+0.7%

3:59 PM EST

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To: yard_man who wrote (3930)	10/19/1998 3:42:00 PM
From: J R KARY	Read Replies (1) of 8218

Here Tip this news on IBM G5s might remove your suspicions: >> You asked: " Could they invent something that makes them a world-beater and brings earnings and revenues up to the point where 138 would be fair value (in my mind -- that's all that really matters for my trading ..." Yes , as it seems like IBM will turn in some bucks on its mainframes which they didn't invent but do market better than anybody else: " The world's largest computer maker should see its bottom line boosted by strong sales of its newest G5 mainframes, Niles said. And IBM's PC business, which has lagged rivals in recent quarters as the company struggled with the industry's fierce price wars, should be regaining strength, he said. " techweb.com I'm so mellowed out with great expectations for IBM and its cousin AAPL I won't even bring up your past expectation of IBM falling to $90 :> ) $150 puts wouldn't hurt though ! Regards, Jim K.

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