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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: ynot who wrote (54278)8/2/1999 5:29:00 PM
From: hjz  Read Replies (1) | Respond to of 120523
 
YNOT, I think you misunderstood my post I was saying that IBM's growth will spur the growth of the Internet. IBM has never and will never be an Internet stock, it has made the smart decision by increasing it's Internet position but it won't end up like most Internet stocks. I thought that you meant IBM isn't a good bell weather for the Internet and I wanted you to look at the charts. When IBM is strong the Internet stocks usually are strong and when IBM is weak , Internet stocks are weak. IBM is the driving force behind the Internet but you are right it is not an Internet stock just a good indicator of Internet movement.

HJ