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


To: Chip Anderson who wrote (2696)3/27/1998 3:24:00 PM
From: Toby  Read Replies (1) | Respond to of 8218
 
IBM/Lotus article
usatoday.com



To: Chip Anderson who wrote (2696)3/31/1998 12:23:00 AM
From: MR. PANAMA (I am a PLAYER)  Respond to of 8218
 
I like this company and lots going for it fundamentally but as I have pointed out on MU thread fer last 3 months or so...

1.. This stock shows pepetual weakness last hour most days

2.. This stock is a beautiful short term short at 104 7/8
sometimes it gropes up a bit more 106-107 but quickly falls back....has no stamina...tense when it goes above but exciting when it falls back..

3. The company has to spend some time promoting itself to break the traders ...until then I will play the trends...
with net long....

4.. Not a Sexy stock...low volumes relative to MSFT INTC DELL CSCO etc

Now ... the good points....

1.. Gerstener will stay 5 years more or so....compensation tied to options..

2. Company aggressive on buybacks

3. Services sector great...2000 problem a forte...

4. More restructuring ongoing to make it leaner and meaner

5.. Research labs first class and chip alliances being forged...

6.. Very reasonable PE and diversified cash flows ...

BUT...STOCK is a SISSY STOCK...trade it till it shows some MOXIE..

GRIM has SPOKEN....