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


To: David W. Taylor who wrote (6212)3/1/2000 7:20:00 AM
From: Robert Scott Diver  Read Replies (2) | Respond to of 8218
 
David, The PE forward PE is below the last 12 months EPS growth. stocksheet.com Almost everything I look at says the stock is currently oversold and undervalued. Would you care to share how you came up with $60 a share? You must know something the majority of analysts don't. TIA, Scott



To: David W. Taylor who wrote (6212)3/1/2000 4:48:00 PM
From: Joseph Pareti  Read Replies (2) | Respond to of 8218
 
>For my money IBM is a buy at around $60.
you 've gotta be kidding BIG TIME...
what is the PE of a sucker like 3com ? did they go all the way from 20 bucks to $100 plus based on fundamentals ? in fact they still suck and the action is just
because of the hype around palm ipo (10% of revenues). I spare the next tirade on the internuts because it's kind of obvious isn't it.

would you be more confident buying IBM when it's down 30% or yahoo when it 's down 300% ? remember, today's greed is tomorrow's panic.

IMO IBM below 100 bucks is a steal.period.