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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: HammerHead who wrote (8677)	6/6/2001 7:26:37 PM
From: James F. Hopkins	Read Replies (3) \| Respond to of 52237

Of course it's possible; but I wouldn't bet on it. As far as I'm concerned IBM sucks, I don't trust them and I wouldn't be a bit surprised if they told a bold face lie to hold their stock up. ------------ I will never forget her crap back in the 80s..( they should have sent the CEO to jail )..any way after she lost 74% of her value in a six year slide it took her another 4 yrs to get back even. I won't forgive her either for manipulating the "memory market " back in the 80s ( I was building boxes and I had to buy memory on the black market to stay in business ) it all came back to bite her in the arse. There is no way she is worth over 50 right now , but the greater fools will hang on. Look at her debt, now that interest rates have come down; what's she to do but borrow more money to pay off old high interest debt, then cook the books to keep the suckers from catching on ? Jim PS indeed the market did a crash when IBM fell in 87..but the market recovered while IBM kept on falling. She is an old dead horse just living on her press clippings and government hand outs. She crashed almost 75% once before and can do it again.. I would trust Xerox more than IBM..thoes old cows are to clumsy to make it in this new world. If she does get honest and tells the truth about the IT slowdown it will be a good short for a long time.