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.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: patron_anejo_por_favor who wrote (197981)	10/16/2002 6:26:01 PM
From: mishedlo	Read Replies (2) \| Respond to of 436258

Max Upside is 72 (I would guess) no time for too much of a ramp as it needs to be under 70 by Friday lest 34K calls go ITM. Would not want that to happen now would we. Of course if things go TOTALLY ape sh*t, the pain ramp should stop at 75 where there is another 30K of calls. Had this not been expiry I would have easily expected a ramp to 75. Does not seem to be much time for that. Prediction: close at 67-68 on Friday. We will see. Sell the OCT 70 calls? M

To: patron_anejo_por_favor who wrote (197981)	10/16/2002 6:57:06 PM
From: GrillSgt	Read Replies (1) \| Respond to of 436258

IBM Q4 guidance revisited--Update-- Some confusion among analyst with respect to Q4 guidance from IBM and whether the company was indicating it would need the PwC Consulting contribution to be generally comfortable with Street estimates... here is the text of IBM's prepared remarks: "Looking to Q4, we will now begin to benefit from the added revenue from our enhanced Business Consulting Services. Most Street models have not yet taken this into account. After adjusting for that revenue and the earnings impact, I am generally comfortable with the range of expectations for our performance in Q4"... While this ambiguous comment could have been interpreted as a warning, IBM's stock is trading in a manner that suggests the market believes IBM is excluding PwC to make a clean comparison. IBM +5.25 at 70.15 briefing