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


To: DavesM who wrote (5706)10/21/1999 1:49:00 AM
From: Jim Koch  Read Replies (1) | Respond to of 8218
 
Guys, this one is pretty easy to call.

IBM is going to get hammered...nuff said. It could hit 85, it could base higher...not really sure. When it bases,I will sell my January 125 Puts, take the profit, and buy as much IBM as my margin account will let me. This is an opportunity to mint money...just like we did with SUNW, AOL, DELL, INTC,and others.

IBM is solid, making money and doing just fine. Perhaps not as well as Mr. Softee (MSFT), but solid. No brainer, buy when it bases.

Where are the experts? ArrowHd, Jules, et al.?