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To: dd who wrote (5076)7/25/1998 9:48:00 AM
From: dd  Respond to of 14451
 
July 21--Short interest 6,143,280 shares, up 13.6% from last month.



To: dd who wrote (5076)7/25/1998 4:51:00 PM
From: Eli Lauris  Read Replies (2) | Respond to of 14451
 
dd -- just to keep things in perspective -- go back to 1994 when Gerstner took over IBM. The first or 2nd quarter after he took over, IBM had a loss of $8 BILLION (in one quarter!) including write-offs. The stock reached a low point of around $20 (split-adjusted) following that earnings report. 4 years later now IBM is at $124.


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