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To: yard_man who wrote (40310)	10/23/1998 11:09:00 PM
From: Monty Lenard	Read Replies (1) \| Respond to of 53903

Tippet, IBM's candle is not as clear as MU's but it does look like a failure to me but I don't fool with IBM long nor short. If IBM had gapped up and given todays candle I would have liked it better for a short. The thing about MU is that I don't think you will see it above todays high at all on Monday and if it does then I will cover. Monty PS The BEST thing is over as far as I am concerned but it serves as a good comparison.

To: yard_man who wrote (40310)	10/24/1998 9:45:00 AM
From: Greg Wai	Read Replies (1) \| Respond to of 53903

I have do business with IBM over the last 10 years. Last quarter of the year is usually the best for IBM because a lot of corporate budget has to be spend before the year is over. With the uncertainity from July - Sept, a lot of company has hold back capital expenditure. They might spend it all in the last quarter if economic condition stablize. Also IBM marketing rep. is always aggressively closing deal in the last quarter to fill the year end quarter. But I do agree $140 range for IBM is a little high for today's market. Greg