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


To: Greg R who wrote (5732)10/21/1999 12:42:00 PM
From: David Eddy  Respond to of 8218
 
Greg -

Y2K is a software problem. You fix it by replacing old software.

Would that it were that easy.

There's an old programmer's saying... "Old hardware goes to the junk pile... old software goes back into production tonight."

"old" software simply gets better with age. It doesn't wear out like physical things.

Specifically... I have a friend on a Y2K project & he had some 24 year old FORTRAN programs that had been running & not changed since 1974!!! Now that's a great investment in a piece of "equipement".

AND I agree with you on MSFT dangers.

When folks outside the Fortune 1000 finally wake up & realize that Y2K does not discriminate between mainframes & PCs or old vs new software... they're going to be muy honked at MightySoft.

- David



To: Greg R who wrote (5732)10/21/1999 1:15:00 PM
From: WiseGuy  Read Replies (3) | Respond to of 8218
 
> If you want something to short, consider MSFT.

So, have you shorted MSFT? How much money do you want to lose?

MSFT and IBM at crosspoint. MSFT 92, IBM 91 1/2.
Why would one want to buy IBM, knowing that Dec quarter could be even weaker than expected?

Why wouldn't one want to buy MSFT, knowing they will beat Dec quarter estimates?



To: Greg R who wrote (5732)10/21/1999 8:46:00 PM
From: Stockman_77079  Respond to of 8218
 
Greg, what kind of weed are you smoking? Do you know the different markets that MSFT into? MSFT is one of the most visionary company in the world today. Re: IBM, I think the Wall St. is reacting a little too much to the news, it's not like the price drop since $139(30% + drop) did not take into consideration of the next quarter.