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

To: Robert Scott Diver who wrote (4402)	1/14/1999 12:24:00 PM
From: Charles Tutt	Read Replies (2) \| Respond to of 8218

Is that intended to be some kind of dig? FWIW, I've never held an option position in IBM. My history with IBM is that I bought in the (split adjusted) 20's and sold in the low 100's (too early as it turns out); I continue to watch in amazement as it rises, but I made my money so I can't complain. As to my opinion of what's going on, I think IBM needs to start growing revenues rather than continuing to boost EPS by buying in shares while accumulating debt. I certainly have the greatest respect for their financial management, and think some of their products (especially their disk drives) are wonderful, but it's been an $80 +/- billion dollar company for long enough. Unless I'm wrong, "increasing sales" doesn't seem to be what's going on. JMHO, of course.