Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Jim B who wrote (5889)	11/4/1999 9:25:00 PM
From: yzfool	Respond to of 8220

A buy back can give 10% run easily or more. Couple that with momentum approaching a resistance point say at 100, will give you 110 or more depending on market condition. Needs to do this before year end, to avoid year end tax loss sell off, and to start momentum for a post y2k market rally. (If they wait until January for the buyback, they may be buying back at a lower price (good for IBM), but sentiment may be so bearish for the stock by then, considering all the other rallying issues, that it just won't move, and may miss out on a January post y2k rally). All speculation, lets see what happens.