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

To: Jules B. Garfunkel who wrote (2976)4/27/1998 10:46:00 AM
From: Mark Brophy  Read Replies (2) | Respond to of 8218
 
You mean I have to wait 9 years?

That's how long it took Intel to move up and that's how long it could take for my IBM short to pay off, too. I'm amazed that they've been able to report earnings every quarter without increasing shareholder's equity. As long as fund managers believe stocks are overpriced and there's a preceived need for liquidity, IBM will go up.

IBM is still underpriced compared to Coke and Microsoft.


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