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Strategies & Market Trends : Guidance and Visibility -- Ignore unavailable to you. Want to Upgrade?

To: X Y Zebra who wrote (56727)	6/9/2002 11:07:14 AM
From: Zeev Hed	Read Replies (1) \| Respond to of 208838

My hands are full on the Turnip's thread, so no commitments. Since I do not short, I cannot advice you on shorting IBM, but I think a run to the $83/$85 area is possible and that might be a very good position to initiate such a move. The $50 and under area is longer term (2003), for this year, my target low is in the $53/$56 area... IBM has been painting its earnings by selling assets and calling these "sale of IP", I don't know how long they can mask the intrinsic problems they have in that manner. Zeev