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

To: Jim Koch who wrote (5679)	10/20/1999 8:50:00 PM
From: Hyperpy	Respond to of 8218

Bunch of these %@$%er Managers want this thing to go down so they can make more on it next yr again. ad they did this yr. Every yr they pull it down they sell then downgrd to buy it again.. I am holding long term.My bank gives me 3% on my savings , IBM will give me at least 70%

To: Jim Koch who wrote (5679)	10/20/1999 9:47:00 PM
From: wolfdog2	Read Replies (2) \| Respond to of 8218

I don't think that I've previously posted on this board. Heck, IBM was a good story and the stock just took care of itself. Unfortunately, the market is going to take care of IBM tomorrow. Look what happened to UIS last week. The stock was almost sliced in 1/2 after it announced similar Y2K problems. I don't think IBM will be hit as badly, but a 10-20 point decline from here wouldn't surprise me. When all is said and done, we'll get a good buy point, but there's going to be some pain, probably a lot, between here and there.