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

To: Greg R who wrote (3514)	7/20/1998 4:18:00 PM
From: S. HYDER	Read Replies (1) \| Respond to of 8218

IBM beats est by one cent. 16:12 [IBM] IBM FIRST CALL CONSENSUS VIEW $1.49/SHARE; CO REPORTS $1.50 IN Q2. 16:11 [IBM] IBM Q2 TOTAL REVENUE FLAT AT $18.8 BLN. 16:11 [IBM] IBM Q2 NET $1.5 BLN VS $1.4 BLN. 16:10 [IBM] IBM Q2 NET $1.50 VS $1.43.

To: Greg R who wrote (3514)	7/30/1998 2:13:00 PM
From: Greg R	Read Replies (1) \| Respond to of 8218

Re July 31 target of $130. Obviously low. Using the latest data since July 22 forecast, I have taken a stab at the lowest INPATHIQUE patterns. The data points are coarse, but it appears $135. Probably tomorrow morning in keeping with the DOW which is scheduled to resume the last half of its correction. Bottom appears to be August 11 on both. For the record, although the IBM chart still shows $124 on August 20, I believe that point should be about 2 or 3 trading days further into the future.