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To: Eddie Kim who wrote (73139)	10/20/1998 4:17:00 PM
From: Keith Howells	Respond to of 176387

International Business Machines Corp. (IBM) 137 7/8 -1 1/2: Big Blue posts a Q3 net of $1.56 a share, three cents ahead of the First Call estimate, vs year-ago profit of $1.35 a share; revenues rose 8.1% to $20.1 bln..

To: Eddie Kim who wrote (73139)	10/20/1998 4:21:00 PM
From: JRI	Read Replies (1) \| Respond to of 176387

What I said was absolutely correct...You said that if the Dow went above 8500 you would have to rethink....not only did it pierce 8500, but it closed above 8500 (you said nothing about it closing above 8500..but it did anyway...). There is nothing wrong in my post. Have you rethought ? (Whatever it is you are rethinking...) BTW- After the huge UP action over the last few days, it is not surprising that we could have a pullback... good for you if you get it again at 51...