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

To: Jules B. Garfunkel who wrote (5790)	10/22/1999 8:42:00 AM
From: WebDrone	Read Replies (2) \| Respond to of 8218

Hi Jules! Please post when you buy puts, eh? :^) Looks like you were right, and as you say, timing is everything. I hope you at least made some green on this disaster. As for me, I'm complacent with my cost basis of $45. Let's see what it trades at in 2004! Web

To: Jules B. Garfunkel who wrote (5790)	10/22/1999 12:58:00 PM
From: Jacques Newey	Read Replies (1) \| Respond to of 8218

Good call Jules!

To: Jules B. Garfunkel who wrote (5790)	10/22/1999 1:18:00 PM
From: art slott	Respond to of 8218

Jules, after being wrong for who knows how many years, 8? To claim vindication is laughable at best, somewhat pathetic. My dog would have done much better if I picked the stocks his pooped landed on. How many splits did IBM have while you derided it?

To: Jules B. Garfunkel who wrote (5790)	10/22/1999 2:36:00 PM
From: Jim Koch	Read Replies (1) \| Respond to of 8218

Jules, welcome back! Actually, the thread needs to hear from folks like you. All of our arms were getting tired from patting ourselves on the back! Although I often do not agree with your conclusions, you have always presented your position in a professional manner with supporting reasoning. That should always be welcome on a thread used to exchange ideas and information. I am less concerned about the drop in AS/400 and ES/9000 sales than I am with the RS/6000 performance. I think the AS/400 and ES/9000 lines share common characteristics, datacenter machines running traditional, legacy applications. I believe we will see those lines turn in good performance in the last 3 quarters as the Y2K anomaly irons out. However, the RISC line is not doing well and this is especially troubling considering how well SUN is doing. This is a big hardware growth area, and IBM needs to win to protect their mainframe install base from erosion, and to capture a share of new markets. I am also somewhat concerned about a slowdown in services growth and profitability. Next year should be very telling in that essential line of business. Although I am still long and bullish on IBM, I don't think it is wise to be complacent. We tried that once, remember?