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Technology Stocks : IBM -- Ignore unavailable to you. Want to Upgrade?

To: art slott who wrote (1928)11/30/1997 8:51:00 PM
From: yard_man  Read Replies (1) | Respond to of 8218
 
Out on Fri. Waiting for the Christmas and New Years party. Will short again after some of this foolishness runs its course. Enjoy the ride.



To: art slott who wrote (1928)12/1/1997 7:39:00 PM
From: Robert Scott Diver  Read Replies (2) | Respond to of 8218
 
Art, Very bullish article in WSJ company news for IBM. One of the keys for me was the news that mainframe sales were higher than expected in October. Stronger than expected mainframe sales were implied by the last quarter's earnings announcement. Also saw some non-IBM news about investors now being willing to pay a higher premium for predictability of earnings. $125 by year end doesn't seem too optimistic. Scott


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