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To: pann1128 who wrote (1060)4/12/2000 11:29:00 AM
From: Boplicity  Read Replies (1) | Respond to of 13572
 
I have no idea, I was hoping for earnings to bale us out, it not happening as of yet.

First it was MSFT now they are going after IBM, If one of the biggies like CSCO, MSFT, ORCL, issue an earning warning it's over and there will be someday great prices to buy at down the road.

<<11:23 ET IBM (IBM) 113 1/4 -6 1/8 (-5%): Merrill Lynch making cautionary comments; believes that Wall Street analysts will need to lower their Q2 hardware estimates; however, doesn't think a revenue shortfall would result in bottom-line pressures; sees support for stock at the $100-$105 level, that is, if company doesn't issue an earnings warning. >>

Then M L says this what bozos <<
11:27 ET IBM (IBM) 113 13/16 -5 9/16 (-4.5%): --Update-- Merrill Lynch expects to see an improvement in company's results in the 2nd-half of the year. >>

greg