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

To: Jim Koch who wrote (4112)	10/24/1998 10:51:00 PM
From: Marty	Respond to of 8218

Thanks for another analysis on the stock re-purchase program. I'm afraid that those who hang on to their simplistic "borrowing money to buy stock" chant are either too lazy to even try to understand what you've spelled out or too dumb to comprehend it. If you own a couple of puts and want the stock to go down, there is no reconsideration, even for facts. It seems that they think ignorance is alright and are not embarrassed in the least when it is displayed. I salute your effort to try to educate them, but it is not worth it for me. It is hard to imagine these young men wallowing in their own sloth and justifying it for the rest of their lives. I'm not going to waste my time anymore and will just skip over their posts. It was painful to read them anyway.

To: Jim Koch who wrote (4112)	10/25/1998 9:18:00 AM
From: art slott	Read Replies (1) \| Respond to of 8218

Touche! (eom) Art

To: Jim Koch who wrote (4112)	10/25/1998 7:16:00 PM
From: Jules B. Garfunkel	Read Replies (1) \| Respond to of 8218

Hello Jim, Tell us, if IBM's Hardware and Software Divisions revenues are flat to down, over the last few years, what is IBM financing? Are they lending money out to Malaysian, Russian, Venezuelan, companies in order to finance their service and consulting contracts. Loans that perhaps banks would not take on because they were considered too risky? Take a good look again at my figures on the decrease of Shareholders equity over the last four years. Jules