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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: IQBAL LATIF who wrote (16621)	1/27/1998 12:27:00 PM
From: Judy	Read Replies (3) \| Respond to of 50167

Ike, my dear, what is your current view of IBM, either as a position trade or an investment? It is now hovering about its 200-day ema which should hold for now. UPside is limited for the near-term but it's not clear that the downside is limited. Sentiiment says that IBM is dead money for 2 quarters with lower sequential growth. CPQ/DEC merger wipes out much of IBM's strategic value long-term. The lack of congestion in the low 70's is of concern. What say you? ************ Electric, if you see this post, watch if IBM's buy volume picks up during the duration of TT's buy signal and make your decision accordingly. Quite natural for a stock to fall on downgrades.