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.

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

To: Don Hurst who wrote (1993)	12/13/1997 3:35:00 PM
From: J R KARY	Respond to of 8218

Hi Don: you correctly predicted the WSJ BS - insider bought 10/27 Congrats but its almost sad as they (Forbes, WSJ) to sell issues scare people out of IBM who bought IBM shares for investment safety . But its nice to see a IBM Director bought 500 IBM shares on 10/27/97 for $97.57/share and obviously that insider nows about IBM financials. As you detailed IBM is so diverse it is almost immune to product , geographical and financial adversity . Think you are right again that we will see $ 110 after next week opt. expirations , and $ 125 by annual meeting should be achievable . Bet that share buying IBM Director feels likewise ! Regards, Jim K.

To: Don Hurst who wrote (1993)	12/13/1997 5:42:00 PM
From: art slott	Respond to of 8218

Don you took the words right out of my keypad. Art

To: Don Hurst who wrote (1993)	12/14/1997 10:04:00 AM
From: Hsien W. Chang	Respond to of 8218

Don: This is the first time I am responding to a note on this thread. I like what you have written. I worked in the Far East for IBM for Five years from 1983 - 1988. During that period the PC business was never a big deal for IBM in Japan. NEC was the big guy in Japan with a market share of over at least 50%. As far as market revenue was concerned, Japan #1, Australia/New Zealand #2, Korea #3, Taiwan #3,Hong Kong and Singapore were #4(?) Japan is still #1, Australia/New Zealand probably is #2. However, I believe IBM Greater China (Taiwan/Hongkong/China) is now probaly #3 with Korea being probably #4. In the Forbes article, the author of that article mentioned that IBM is using borrowed money to buy back shares!! I cannot believe it! What is IBM doing with its yearly 5 Billion cash flow!? Also, the ML guy downgraded IBM's 4Q by six cents/share purely based on the Yen/$ conversion rate and PC sales. I cannot believe that IBM PC sales in Japan is a big swinger one way of the other!