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

To: LLCF who wrote (6990)	11/20/2000 8:44:05 PM
From: chic_hearne	Read Replies (1) \| Respond to of 8218

Ho ho ho... you forgot part three! The best part: CASH IN!! Lou heads for the golf course real quick when things turn sour IMO I wish I could talk management into giving me put options instead of call options. -ng- The old timers hate Lou. They think the short term decisions he has made has put IBM in a bad future position. Of course, he's getting ready for a cabinet position from Bush so he's pulling out all the stops now. I can tell you they really hate the crap he's pulled with the pension plan, err, bottom line I mean.

To: LLCF who wrote (6990)	11/24/2000 9:14:45 PM
From: J. P.	Read Replies (3) \| Respond to of 8218

Seems to me we've already had somewhat of a bear market in tech. I think that interest rates are going to drop. IBM as a company may be a good timer of stock and debt, but if Gerstner is trying to time the market with his sale of stock I think he's done a lousy job and sold near the bottom. The trend may be your friend, and we're certainly in a downtrend. But bottoms like tops get overdone. And if you look at a chart of the 200 day moving average we're way below it. The 200 day moving average has been a rough guide for the overall tech market for some time now. Once George Bush takes office look for the market to pop back to the 200 dma and then we'll see what the real deal is on this economy, not just the bullshit analyst downgrades to scare us retail investors out of their shares cheap.