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


To: jef saunders who wrote (2695)3/27/1998 12:31:00 PM
From: Chip Anderson  Read Replies (2) | Respond to of 8218
 
IBM is a good company, but the stock is clearly in a 95ish - 105ish trading range. It needs to break above 110 on heavy volume and stay there before it will go higher. In the absense of any earning surprises, it will probably bang on the 110 door and fail a couple of times just before breaking out. Right now, lots of traders are betting on it staying in its well established trading range.

If you are a long term investor, hold on and add to you position when the stock goes below 100.

Chip
coolhistory.com



To: jef saunders who wrote (2695)3/27/1998 3:30:00 PM
From: J R KARY  Respond to of 8218
 
Jeff Winter Olympics didn't hurt - launched new IBM business

Rest assured Mr. G will have a lot to crow about on 4/28/98 at IBM's AGM and this will be one of them :

zdnet.com

IBM's 4Q report worried about loosing $ 140 mln , instead they made lemonade :

" Without naming customers it has lined up so far, Thompson said systems used in Nagano, Japan, for the Winter Olympics Web site have been packaged and offered commercially.

There, a system constantly calculated and displayed results in real time using a DB2 database tied into the Olympics Web site run by IBM."


Support your Olympics - buy a few more shares of IBM .

Jim K.