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

To: Darth Trader who wrote (2222)	1/21/1998 1:05:00 AM
From: DAN KACKLEY	Read Replies (2) \| Respond to of 8219

To All: PITIFUL,PITIFUL,PITIFUL- Buyback = Aprox. 7.4% Per Day!!!!! -Gross Profit down 40.3% To 40.1% -$3.2Billion in World wide debt, $2Billion in Stock Repurchase Yuck!! 7.4% Per day was calculated as follows: - 2 Billion repurchase in 4QTR - oct-dec = aprox 64 Trading Days - Avg. Stock price assumed at $100/ Share - Avg. Daily Volume = 4,229,000 Shares/Day 2 Billion/ $100/ share= 20,000,000 shares Bought 20,000,000 shares/ 64 Trading Days =312,500 Shares per day 312,500 Shares Per Day/4,229,000 avg Shares/Day = 7.39% Depending on how the shares were purchased (i.e. 1K Lots)this could really manipulate the stock price (Suckers Rally!) THIS ROLLERCOASTER IS HEADED DOWN!!! Dan (The BEAR)

To: Darth Trader who wrote (2222)	1/21/1998 1:50:00 AM
From: J R KARY	Respond to of 8219

IBM , a $84 bln/yr company , cites potential Winter Olympics expenses ? Atlanta's Olympics wasn't free and , if not worthwhile , the Winter Olympics would have been jetisoned . It's a 1Q98 advertising windfall worth the return ! Plus where is the normal reference to AS/400 & RS/6000 sales ? Then since when does a company announce a earnings shortfall a full quarter ahead ? IBM's report sets up a "bear head" fake and , as a earlier post noted , a CFO blunder like Mr. Thoman's before he walked the plank to Xerox . The stage is ready for you know who to set the record straight at a analysts meeting and then charm the share holders with "better than a expected 1Q" for his Fifth Aniversary at the annual meeting . Don't sell on this faulty news , hold , you will see $125 Jim K.