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


To: art slott who wrote (5625)10/13/1999 7:59:00 PM
From: Hyperpy  Read Replies (1) | Respond to of 8218
 
I got in at 111 1/2 , who cares it be up in a few weeks.



To: art slott who wrote (5625)10/13/1999 10:02:00 PM
From: Arrow Hd.  Respond to of 8218
 
Hi Art, didn't it drop that much in the first quarter when that dope from Morgan Stanley said IBM was going to pre-warn? Then they blew out the numbers a few weeks later. I believe the street consensus will be met because if they were not going to meet it they would pre-warn or quietly talk the street down and I am not seeing earnings revisions from anyone. What ML said was a poor revenue mix with traditional expectations in hardware coming up light. There is no question a lot of institutions unloaded based upon today's volume probably for a number of reasons. It will be interesting to see what happens when the numbers come out.