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

To: Narotham Reddy who wrote (5677)	10/20/1999 8:48:00 PM
From: Jim Koch	Read Replies (1) \| Respond to of 8218

Regarding Robertson Stephens's comments...as we say so eloquently here in the West...Bullshit!

To: Narotham Reddy who wrote (5677)	10/21/1999 12:21:00 AM
From: WiseGuy	Respond to of 8218

> BB Robertson Stephens comments And the guy even went on to say that Y2K was an industry wide problem. He has made some good calls on DELL and IBM, but this hot shot is going too far. IBM's Y2K problem appeared to be primarily related to mainframe sales. This report does not change the fact that just yesterday MSFT reported awesome results and said that Y2K was becoming basically a non-issue. Who should we believe - Mr. Nile or MSFT? ``We're going to get some rough sledding here with revenues being lighter than expected and the Y2K problem hurting the fourth quarter,' Bill Milton, an analyst with Brown Brothers Harriman, said in an early reaction to the results. ``It seems like they're talking down the fourth quarter,' Milton said. ``This is even uglier than I expected,' BancBoston Robertson Stephens analyst Dan Niles said. ``This is not IBM specific. It's an industrywide problem and they're finally admitting that they have issues. We're going to have to take our numbers down,' he said of plans to cut his earnings outlook on IBM.