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To: Johnnie W. who wrote (16700)2/5/1998 9:59:00 AM
From: Mohan Marette  Read Replies (1) | Respond to of 97611
 
Real-time quote = 36 3/6th +1 7/16th. Wow.



To: Johnnie W. who wrote (16700)2/5/1998 10:38:00 AM
From: John Koligman  Read Replies (1) | Respond to of 97611
 
Johnnie - IBM's stock has held up very well during the tech meltdown since the fall. As a matter of fact, if you look at a multi-year chart, IBM stock has QUINTUPLED since Gerstner came on board, and has done so with very little overall revenue growth over the past five years. They do it with financial engineering, and the street seems to like it. A perfect example of a top performer (stock price) where growth is not the driver.

Regards,
John