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

To: Bill Martin who wrote (3076)	5/12/1998 12:06:00 PM
From: J R KARY	Respond to of 8218

Soloman he is smart right ? Well he likes IBM " IBM Corp. (IBM) shares jumped up 1 5/16 to 121 5/16 after Salomon raised its target price from $145 per share to between $148 to $153. Last quarter, IBM made $1.03 billion, or $1.06 a share, on sales of $17.6 billion. Analysts are looking for earnings of $1.50 per share in its second quarter. " zdnet.com Spells his name a little different since he upgraded from king to IBM stock picker . Jim K.

To: Bill Martin who wrote (3076)	5/12/1998 12:53:00 PM
From: Marty	Respond to of 8218

Here is another viewpoint on dividends and the overall benefits of company stock purchases. It's an excerpt from a credit rating agency regarding the value of IBM bonds. "The IBM consolidated balance sheet, overlooking the debt associated with global customer financing, remains conservative and well managed. IBM continues to reward shareholders by supplementing earnings with share buybacks from its solid cash generation." This is from people whose profession it is to valuate these things. I rest my case, the more stock they buy, the happier I am.