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Technology Stocks : Micron Only Forum

MU 224.54

+0.3%

Nov 25 3:59 PM EST

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To: yard_man who wrote (40310)	10/24/1998 9:45:00 AM
From: Greg Wai	Read Replies (1) of 53903

I have do business with IBM over the last 10 years. Last quarter of the year is usually the best for IBM because a lot of corporate budget has to be spend before the year is over. With the uncertainity from July - Sept, a lot of company has hold back capital expenditure. They might spend it all in the last quarter if economic condition stablize. Also IBM marketing rep. is always aggressively closing deal in the last quarter to fill the year end quarter. But I do agree $140 range for IBM is a little high for today's market. Greg

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