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


To: The Vinman who wrote (2917)4/22/1998 9:10:00 PM
From: Sleeperz  Read Replies (1) | Respond to of 8218
 
Do you think IBM will pull an SGI and abandon their Mainframe processor biz and join the INtel following with the PII Xeon and
MERCED in the future? If they can beat em join em.

cl

>>>IBM was down 3 points today for good reason. Investors realized IBM had a bad quarter, and wouldn't have beat even lowered estimates if it hadn't been for lower tax rates and less shares outstanding. This takes a day or two to sink in at times. MSFT down 3 after hours and the futures are down 2.80....IBM will lose more ground tomorrow, the fools that bought at the high yesterday will be selling to beat the band if they haven't already....IBM will see 95 again this year....NO GROWTH
AT ALL.....<<<<



To: The Vinman who wrote (2917)4/22/1998 9:47:00 PM
From: art slott  Respond to of 8218
 
Some short term money gets moved around. The volume was not meaningful. typical IBM trading action. Long termers like me (core position)have no need for concern from todays action.
Half of Tues.'s volume.
Up Thurs.

Art



To: The Vinman who wrote (2917)4/22/1998 9:58:00 PM
From: Fred Fraschetti  Read Replies (1) | Respond to of 8218
 
I feel we are going to have a market correction...

maybe 800-1000 points of the dow... just a feeling!!!!



To: The Vinman who wrote (2917)4/23/1998 7:15:00 AM
From: Robert Scott Diver  Respond to of 8218
 
Vinman, Re. your post >> Investors realized IBM had a bad quarter... << I will pay more attention to your posts now that I realize you can read minds. Did you see 95 in a crystal ball? Scott