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

To: USRX888 who wrote (4472)	1/21/1999 5:10:00 PM
From: Brad Patton	Read Replies (4) \| Respond to of 8218

From a Reuters article: Analysts disagreed about the likelihood of a stock-split -- a move often interpreted by investors as a sign of bullishness on the part of company management. A split typically helps to propel a stock higher. ''The stock split has to be in people's minds as it approaches $200,'' Helmig said. ''We've speculated it could be three-for-one.'' Salomon Smith Barney analyst John Jones said a stock split was inevitable but not imminent. ''IBM.com investors don't realize there aren't enough shares to split two-for-one,'' Jones said, referring to overly enthusiastic momentum investors who may not have done their homework before speculating on a share split. ''I think clearly you will see a stock split in April,'' Jones said of the period when IBM reports its first quarter results and holds its regularly scheduled annual meeting.