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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (2628)	9/24/2002 3:59:49 PM
From: SusieQ1065	Read Replies (2) \| Respond to of 57110

That has some pretty profound ramifications yes, it does....and is prolly the DOW's biggest problem right now.... well, i don't know if there is a play here...but MU reports tonight...

To: Jorj X Mckie who wrote (2628)	9/24/2002 4:00:04 PM
From: MulhollandDrive	Respond to of 57110

cbs.marketwatch.com Dow component IBM (IBM: news, chart, profile) slid by 5 percent to $60.13 after Morgan Stanley analyst Rebecca Runkle took a "detailed" look at the company's 10-Q filing and noted that Big Blue's earnings from its non-core business were declining. She also said that the contribution of Big Blue's pension plan to its income was likely to fall; an overfunded pension plan adds to pre-tax profits. Moreover, IBM's stock option costs are "significant and growing," Runkle added.