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Technology Stocks : IBM
IBM 297.59+2.5%Nov 21 9:30 AM EST

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To: Jacques Newey who wrote (4241)11/12/1998 8:08:00 AM
From: Robert Scott Diver  Read Replies (1) of 8218
 
Jacques, See techstocks.com for a 100 day chart comparing IBM and INTC. Note that IBM stockholders did better. Note tha INTC's price to sales seems high. I invest to make money, not to reward companies for meeting the hottest new accounting criteria. This thread often sees posts pointing out accounting measures viewed as negative. The stock keeps going up. I expect IBM to continue to go up. DELL has an "outrageous" PE and I am making money on DELL too. BTW, while Fortune claims IBM "can't keep attracting new investment", this is clearly not the case so far. Scott
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