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Non-Tech : Raptor's Den -- Ignore unavailable to you. Want to Upgrade?

To: velociraptor_ who wrote (4065)	10/2/2002 2:34:55 PM
From: Lizzie Tudor	Read Replies (3) \| Respond to of 10157

I am not counting on those but I do believe dell will reach his old highs and some emerging technologies will become the new leaders. Probably some upstart in the chip area. Same thing that happened in 1990. The great thing about this bear is it has cleaned out everybody but the extreme blue chips. When some of these issues get worked out as far as internet content delivery there will be a very few companies able to exploit the opportunity and that means pricing power. Long term stuff you guys don't care about, I know. Lizzie

To: velociraptor_ who wrote (4065)	10/2/2002 4:34:01 PM
From: mishedlo	Respond to of 10157

IBM will most likely NEVER make a new high. In fact I doubt it can get back to 100 let alone 120+. IBM has made its numbers (EPS) by wasting its cash with stupid stock buybacks to keep the "earnings" per share where it wants them. Even that was not enough. It keep increasing and increasing and increasing pension fund estimates and booking those excess estimates as profit. This is a total scam and the SEC should put a stop to it. If that is not enough, and it was not, IBM had to sell off pieces of it business, and enter suspicious new businesses to hide stuff where it could not easily be found IMO. IBM is a complete joke and Earlie has a target on it at $20 I believe. I have been waiting for a pop to get back short but it never happens. Stupidly sold my puts 10 points ago. M