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


To: art slott who wrote (3443)7/9/1998 9:07:00 PM
From: yard_man  Read Replies (2) | Respond to of 8218
 
I think IBM may easily go over 120 now if that's what you mean Art. Of course, if they buy GTW all bets are off.

What deal with STM are you referring to?

Certainly, IBM benefits in an uncertain environment from its mass or inertia. I'll give you that. IBM has been around for a while and people expect it will be around for a while. No doubt. If I were long I might be inclined to take profits on a pre-earnings run-up. Almost wish I'd bought some calls when I sold my puts for a triple (@108) -- live and learn, eh?