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.

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

To: Jules B. Garfunkel who wrote (7612)	4/11/2002 6:39:23 PM
From: Arrow Hd.	Read Replies (2) \| Respond to of 8218

I think the macro issue for IBM is revenue growth. With it comes better margins and earnings. I don't see much potential for this until the IT spending issue improves along with a better economy. With the Enron debacle and a move towards fuller disclosure and the fact that a lot of the financial flexibility has been used up I think the upcoming CC is going to have to level set a different expectation but I don't see it trading lower than the high 70s if that. Once the CC is absorbed and a few days go by for the analysts to muck things up the settling out process will give a long term buying opportunity and with any late Spring visibility improvements it could rapidly push 100 again. But there are going to be a lot of stocks that fit that scenario with better percentage returns so IBM is just one idea among many. I am not in IDT or NTOP any more. Jonas is too slick for me to hold his stocks for other than some kind of momentum move. But they will both survive and ultimately thrive again, just don't know when.