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: American Spirit who wrote (76955)	5/13/2001 9:39:06 PM
From: KyrosL	Read Replies (1) \| Respond to of 99985

I disagree. I think it's probable that IBM will go below 60 later this year. That will give it a p/e commensurate to its earnings growth, provided its earning growth holds. And if we have a deep recession, then it's possible that it will deep below 40 -- where it will still sell for more than three times its book value. There is no question that IBM has excellent technology. It had excellent technology back in the early nineties too, and that didn't prevent it from hitting a multi-decade low.