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Technology Stocks : Jimbo's Playhouse/CPQ -- Ignore unavailable to you. Want to Upgrade?


To: Mao II who wrote (4581)10/9/1999 8:36:00 AM
From: Kenya AA  Read Replies (2) | Respond to of 12663
 
M2: Well, I've got to hand it to Steve Milunovich at ML. He made the IBM hardware call on 9/17. Of course, I thought it was a lot of hooey at the time, but the chart doesn't lie. Speaking of the chart, take a look ....

bigcharts.com

Pretty striking, no? We're at the 200-day MA and "minor" support (it didn't spend much time there) around 110. Do you think it will hold or are we headed for April's gap territory?? IBM is a GREAT company. It's going to be fabulous buy somewhere - but where???

K