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To: Daniel Colton who wrote (525)12/1/1997 9:13:00 PM
From: Doo  Respond to of 789
 
Dan: Pull up a chart of IBM and you will see that all 5 year prices have been split adjusted. PB seeks a five year high to avoid "overhead supply". IBM meets that criteria. There is no overhead supply to resist the move into new high territory.

Jeff



To: Daniel Colton who wrote (525)12/2/1997 12:02:00 AM
From: John Langston  Respond to of 789
 
Dan: I haven't verified Henry's numbers. I take the info right from the downloaded weekly report he produces. But, if IBM split, you would have to adjust the 5-year numbers.

John