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


To: Greg R who wrote (3645)8/3/1998 6:25:00 PM
From: saju chacko  Read Replies (1) | Respond to of 8218
 
the news about IBM's new manufacturing technology for semiconductor chips is another sign that IBM is about to take the lead in many tech areas... like semi...

other advances include networking... mainframes... and software....

look at this stock rise as the market goes down... btw, IBM is part of the dow 30... so compare performances... is there an obvious show of strength?

of course there is... why? b/c IBM rose due to earnings performance... not simply expanding the p/e like alot of those stupid analysts try to do....

in my five years of this stock business i have noticed that about 93% of the brokers have no clue about stocks.... just entering orders...

also 69% of the analysts or other people that take the lead in a brokerage firm have no clue about what's really going on in the market.... all those people are only interested in commissions...

sorry about the gripe.. i'm just pissed that these people don't know what they're talking about and i understand things more than them and i never took a single class or received individual instruction on anything to do with stocks...

Saju



To: Greg R who wrote (3645)8/4/1998 6:07:00 PM
From: Greg R  Read Replies (3) | Respond to of 8218
 
If it makes anyone feel better, IBM went lower faster than even I was expecting. I anticipate a recover to $131.5+ tomorrow before this "correction" continues. I am expecting a low of no more than $127.50 tomorrow. i.e., a gap up. I also expect the DOW to get as high as 8675 tomorrow.

It is always interesting to watch and see how these things interact within the confines of their INPATHIQUE patterns.