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Technology Stocks : IBM
IBM 306.44-1.9%Nov 7 9:30 AM EST
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To: art slott who wrote (4509)1/21/1999 11:55:00 PM
From: Dan Spillane  Read Replies (2) of 8218
 
What's not being discussed is how much of the services revenue is really tied to Y2K, directly or indirectly. Sometime later this year or early next year, this portion of revenues will fall off a cliff.

I happen to agree with some of the points made by Briefing.com. But then again, perhaps everyone thinks the stock should double again by this time next year, so the chart can look more like Amazon? The same kind of sentiment is driving the stock price.
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