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Strategies & Market Trends : Graham and Doddsville -- Value Investing In The New Era -- Ignore unavailable to you. Want to Upgrade?

To: porcupine --''''> who wrote (273)	4/30/1998 5:23:00 PM
From: Reginald Middleton	Read Replies (1) \| Respond to of 1722

<1) MSFT is facing a long, uphill legal battle (as IBM and AT&T once did). 2) INTC is facing serious pricing pressure for the first time since the x86 cpu architecture was introduced.> And IBM is investing significant money into share buybacks in the midst of a paradigm shift while thier major competitors (and the market in general) are reaping windfall revenue AND profit growth during a paradigm shift/tornado. The share buybacks are a ruse for mgmt. that can not find anything better to do with the money.