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.

Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: bobby beara who wrote (74071)	4/3/2001 9:36:37 PM
From: Stephen M. DeMoss	Respond to of 99985

BB, What are your thoughts on IBM? I bought a boatload of Oct. 100 puts yesterday and (unfortunately) sold them at the close for a $4g profit. I remember not so long ago Ibm being cut in half ('87?) and it taking years to recover. It has not suffered anything like its tech brethern and if the dow takes out 9000 over the next few months (which it likely will) Ibm should easiely trade in the low 70's. Any thoughts? Steve D.

To: bobby beara who wrote (74071)	4/3/2001 10:00:07 PM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 99985

BB, I agree on CSCO as they are from the group of LU, NT, ERICY, Siemens etc. who actually acted also as bank of last resort trough vendor financing. They financed 120% of many of their sales just to get the business. In 1999 wen I was writing on SI's LU tread that the company is way over valued at $60 I was called names and the investment style of Buffett was flashed against me ................ the sorry point is that those chaps did and I think still do not know to read financial statements. As to CSCO this summer some one from CNBS threaten me that if I will continue to ramble about CSCO and CNBS free promotion dupping peopel to hold on ......... CNBS has excellent attorneys and it is better I should stop to speak out............. yep those were the tactics. I will not be surprised if GE will blow it. They are highly leveraged like 1 to 40 or more and one of the biggest finance companies in the world. Right now I know of $1 billion in 3 year projects were LU, NT, ERICY and Siemens are competing and in their arrogance the telephone companies who are not even solid in the black want not 80% or even 100% BUT 120% financing. BWDIK Haim