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


To: jhg_in_kc who wrote (5687)10/20/1999 9:54:00 PM
From: Bald Man from Mars  Read Replies (1) | Respond to of 8218
 
how did you manage to buy at 136 ...
almost the 52 week high ...



To: jhg_in_kc who wrote (5687)10/20/1999 9:58:00 PM
From: brad greene  Read Replies (1) | Respond to of 8218
 
jhg,

Boy....I'm not the right guy to ask....I bet on the Mets.

But I agree with some of the other posters......that IBM will be much higher by the end of next year...so will a bunch of the other quality names that have been creamed.

So unless you sold prior to the close today at $107......I think holding is the way to go........Most of the damage will be in the stock prior to the open tomorrow......IMO.

I think the Fed will lower rates by the end of the year, in fact.......knowing that people are no longer spending money. I really like the financial stocks because of this. Y2K will have a bigger effect to the minds of Americans than most people think. A major network is running a movie about Y2K...worst case senario......a few of my neighbors are talking about watching it already.......and they will believe it......they already have food stored.

I'm just thinking about getting a shotgun.....because I know my neighbors have food stored.....<g>

bg