IBM Message Board - Msg: 6354624

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Technology Stocks : IBM

IBM 303.23

-0.4%

Nov 26 3:59 PM EST

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To: George W Daly, Jr. who wrote (4221)	11/9/1998 11:35:00 PM
From: john dodson	Read Replies (1) of 8218

Very interesting rounding! Interesting that the analyst's rationale is 23 x next year's earnings estimates of $7.65. Hmmmm. Doing the math, shows us 23 x 7.65 = $175.95 Sure, let's round up and call it $180! Sounds good to me, especially since these "share targets" tend to become self-fulfilling prophecies. -John Dodson

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