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To: AllansAlias who wrote (80528)	9/4/2003 8:18:20 AM
From: Jerry Olson	Respond to of 209892

AA IBM, 88 the dt buy signal, then 91 the breakout area and 110 is doable if my upside dow target fo 10,400 is met...

To: AllansAlias who wrote (80528)	9/8/2003 8:50:02 AM
From: bcrafty	Respond to of 209892

IBM upgraded to outperform by CSFB Credit Suisse First Boston lifted Big Blue (IBM: news, chart, profile) to outperform from neutral overnight. Shares in euro trading in Frankfurt rose 93 cents to $87.88, dealers said. The stock rose to as much as $88.56 on Instinet, up 1.9 percent. CSFB raised its 2004 earnings estimate to $5.10 from $4.80 a share, and put a $102 price target on the stock, representing 20-times its 2004 earnings estimate. "Due to the complexion of its installed base - mainly large, slower moving IT commercial customers, IBM is the ideal late cycle tech spending recovery play," the broker said. "Tech spending has recovered in consumer and SMB markets but has yet to experience meaningful recovery in large commercial accounts. We believe this is about to change."