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

To: j g cordes who wrote (3934)	10/19/1998 4:28:00 PM
From: J R KARY	Read Replies (2) \| Respond to of 8218

Hi Jim , I think SV's 4Q upgrade was to stop a expected selloff Plus things have changed with the Fed easing . CIBC's lowering IBM to a "buy" was half-hearted Opts expiration move which fizzled . Seems to be a lot of buying strength in IBM. The G5's added to a service increase should propel it for a few weeks but the Clinton factor with tax selling is a coming unknown . FWIW , near term IBM should cross $140 with ease . Regards, Jim K. PS: Where have you been ? Apples are good this time of year !