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

To: Marty who wrote (3929)	10/19/1998 3:16:00 PM
From: yard_man	Read Replies (2) \| Respond to of 8218

Oh bunk. I don't have to convince anybody of anything to make a profit. People who sell short aren't trying to "manipulate" the price any more than someone who goes long. Either stance is just a position nothing more. By historical measures IBM is overpriced. Could they invent something that makes them a world-beater and brings earnings and revenues up to the point where 138 would be fair value (in my mind -- that's all that really matters for my trading isn't it?)? Yes. Have I seen anything liek that up until now? No. Good luck.