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To: Tony Viola who wrote (4206)	11/2/1998 4:24:00 PM
From: Ginco	Respond to of 8218

DOW JONES 90-DAY NEWS/RETRIEVAL Int'l News & Research Services Page 1 of 2 Story Date : 98/10/28 10 10/28 T =IBM's Gerstner Sold 142,000 Shrs, Gaining $17M >IBM NEW YORK (Dow Jones)--Intnernational Business Machines Corp. (IBM) Chairman and Chief Executive Officer Louis V. Gerstner sold 142,000 IBM shares last week for a gain of about $16.6 million. Gerstner exercised an option on 150,000 shares with a strike price of $23.94, selling 142,000 of them for $140.92 a share. He held onto the remaining 8,000 shares. In selling the shares, Gerstner was 'implementing a regular program of asset diversification and tax planning,' said Rob Wilson, an IBM spokesman. Gerstner still holds 3.95 million IBM shares on option and owns 340,000 shares outright, Wilson said. In May, Gerstner sold 138,000 shares $125.12 as part of a 150,000-share option exercise. Wilson said that sale was part of the same asset diversification plan. Christopher Grimes (201) 938-5253

To: Tony Viola who wrote (4206)	11/2/1998 7:52:00 PM
From: Jules B. Garfunkel	Read Replies (3) \| Respond to of 8218

Hello Tony, Arrowhead, and All, With IBM opening up what appears will be a very bloody price war in the sub $1,000 PC market, should they be more concerned with protecting their own flanks in their Server and Workstation Markets? It appears to me that IBM is about to be attacked in their low end Server and Workstation markets. Is this just the beginning before the "box makers" start expanding their products upward and into these new markets? How will IBM fair in fending off Dell, Micron, Compaq, and the others, as these competitors line IBM up in their cross hairs? Xeons today, Merceds tomorrow. biz.yahoo.com Your comments please. Regards, Jules