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To: richardred who wrote (1968)	4/19/2013 1:02:39 PM
From: The Ox	Read Replies (1) \| Respond to of 8239

You may have to wait a bit with CY but its business should start to pick up in the 2nd half of this year. I didn't think IBM's earnings were all that bad. Businesses are not spending if they don't have to. While this is a worry in the short term, it just pushes out demand. Demand is building. That's one of the main reasons why the market has been performing so well. Even with the markets move, no one believes its sustainable. Everyone is extremely negative these days, as a general rule. Many solid companies are at 52 week lows or multi year lows. One that fits this designation is EMC and they are performing much better than there stock price reflects. Who knows when we'll see business start to accelerate? The longer companies put off spending, the more likely the flood gates will be busting at the seems and we'll see a mad rush for new products. JMO