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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: IQBAL LATIF who wrote (18639)6/18/1998 3:19:00 PM
From: Logain Ablar  Read Replies (1) | Respond to of 50167
 
Ike:

On IBM - CEO indicated @ last conference call this quarter would not be good (and I assume that is now factored into all 2nd qtr #'s) but he indicated looking out to 3rd & 4th qtrs the company should start preforming better.

Big blue is generating a lot of cash. So far they've been investing the bulk into the stock buyback program. Their finance guys are top notch. Wonder where they're going to invest future cash..

Tim



To: IQBAL LATIF who wrote (18639)6/19/1998 3:44:00 PM
From: Judy  Respond to of 50167
 
Ike, IBM floating down to 200-day ema at 105-106 under market selloff for triple witch. Given my outlook for the stock and the market, selling 110p for the bounce up for earnings would be more attractive than buying 115c. Or sell the 115p if one is more bullish.


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