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To: TTOSBT who wrote (145442)	10/21/1999 5:21:00 AM
From: Frank Ellis Morris	Respond to of 176387

>> I think IBM is guiding the analysts down so that they can beat the estimates next time (like MSFT always did)<< I bought just a couple hundred shares of IBM on margin at the price of 134. Figuring that I would not loose much on a small 200 share position .The little mole hill grew into a mountain of paper looses. The stock is down to almost under 100 this morning in Europe. Plan to hold on since IBM did not yet declare chapter eleven. If Microsoft is found to be guilty of antitrust and an attempt is made to break them up, I will completely dismiss the notion that there is any such thing as decency or credibility in any form of government and that politicians are completely corruptible. Microsoft should be admired and held to high esteem by anyone who is a shareholder in the financial markets. Frank