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Technology Stocks : IBM -- Ignore unavailable to you. Want to Upgrade?

To: J R KARY who wrote (5459)	7/20/1999 4:59:00 PM
From: Jim Koch	Read Replies (1) \| Respond to of 8220

The good part, the uptick came on large blocks (institutions). IBM got caught in the tech selloff today, the sector was overdue. Too much too fast. I took a bet it was temporary and bought September 125 calls at the bottom, hope I am right! Second half outlook a little better than it looked at first of year. I hear the talk about a big slowdown because of Y2K, but the CIOs I talk to are still planning on going ahead with IT investments. PSG still loosing money it appears. I think that is why the EPS number was not higher then it was, even with 16% revenue growth. Oh well, even though they are loosing money, they seem to be making it up on volume! Seems to work for Amazon.

To: J R KARY who wrote (5459)	7/20/1999 11:00:00 PM
From: saju chacko	Respond to of 8220

wazzup ole timers and long haulers.... this little pullback still ain't a thing if you're in for at least a year... this is a bunch of silly people playing around...on y2k speculations.... meaning 6 months more worth of business... the fact is that IBM over a year... will do very good business and two years from now... based on current data... the trend looks nice... this is a stock that you should just hold and wait.. but... i have identified some very reproducable trading patterns in this stock... however ... i think it's more worth my while not to trade it... paper money provides such great leeway... Saju