IBM Message Board - Msg: 6561900

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Technology Stocks : IBM

IBM 305.75

+0.3%

Nov 14 3:59 PM EST

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To: yard_man who wrote (4287)	11/25/1998 10:51:00 AM
From: yard_man	Read Replies (1) of 8218

>>Monday, Gruntal & Co. cut its recommendation on IBM's (IBM) to "hold" from "buy," saying the company is strong as a whole but that its shares have spun slightly out of control lately. Monday, with little news on the company, IBM's shares popped up an all-time high of 166 5/8. "[IBM's stock] runs out of steam at 150," O'Connor said. <<

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