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To: Sonny McWilliams who wrote (24602)10/26/1999 11:50:00 PM
From: Tecinvestor  Read Replies (1) | Respond to of 27012
 
Sonny:

I see the IBM board just authorized an additional $3.5 billion stock repurchase.

siliconinvestor.com

Don't you get the feeling that some of this stuff is orchestrated especially where, just last week, IBM warned that the company's results were expected to suffer until early next year, thus driving the stock down 20 percent to five-month lows around 91 last Thursday.

IMO, this probably signifies a buying opportunity.