IBM Message Board - Msg: 6388060

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Technology Stocks : IBM

IBM 297.59

+2.5%

Nov 21 9:30 AM EST

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To: Robert Scott Diver who wrote (4242)	11/12/1998 8:48:00 AM
From: Jacques Newey	Read Replies (3) of 8218

Robert Scott: As a "buy and hold investor", I prefer this chart: techstocks.com I believe that in the long-term, company fundamentals drive stock price (upwards and downwards). Accounting wizardry can move prices in the short term. Look at Sunbeam, Cendant and others. However, a house built on a weak foundation will crumble. The question is not if, but when. Look out for IBM. Based on the numbers that I posted, Intel's prospects for long term share price escalation are better than IBM's. As they have been historically (my graph). Much better. Regards,

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