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

To: Robert Scott Diver who wrote (7570)4/5/2002 4:28:26 PM
From: Scott Bergquist  Read Replies (3) | Respond to of 8218
 
IBM hits an 8-week low
Things are =not= looking up, short-term.
Finally, "buy and hold" is crumbling as an investment concept. Rather than "look across the valley", it has become "don't buy until the valley is at our backs".

It is the big mutual funds' fault, and the coin-flip-accurate analysts, for creating this climate of "beating quarterly estimates", honoring stock buybacks as sound business practice, and open-ended conference calls, that have twisted managerial practices into a stock-price "be all, end all" mania.



To: Robert Scott Diver who wrote (7570)4/8/2002 1:39:31 PM
From: Scott Bergquist  Read Replies (2) | Respond to of 8218
 
Now, things are =really= looking up!
RSD wrote "IT Spending Expectations Hit 12 Month High
Things are looking up in terms of budgets and technology investment "

As I said, better to be buying as climate is improving, QoQ, rather than declining QoQ.

Stand aside, or sell...


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