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To: Chuzzlewit who wrote (20086)4/22/1998 10:38:00 PM
From: Barry Cartwright  Respond to of 95453
 
Anybody notice on the IBM front that the earnings that are growing and supporting their stock price are service contract revenues. Most if not all of the service companies have restated earnings, IBM must be one heck of a company to be isolated from this phenomenon, OR!, perhaps the future holds some nasty surprises (we will have to wait until the party is over before this skeleton emerges!).

On the Cramer front, ever notice that all he ever seems to do is lose money ($7 million on Cendent, $100,000 shorting Citicorp, $XXX long drillers, etc). Bet you a bundle his wife and the other guy run the show, and they keep Cramer around for the publicity!



To: Chuzzlewit who wrote (20086)4/22/1998 10:38:00 PM
From: Lucretius  Read Replies (1) | Respond to of 95453
 
Chuz, IBM had a real bearish reversal today. As for int. rates, check 'em. they're rising! Next look at gold and the XAU. A picture is starting to form. Put the pieces together.

-Lucretius