Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: art slott who wrote (4525)	1/22/1999 12:09:00 PM
From: Jacques Newey	Respond to of 8218

Art: I think the emperor's subjects are finally coming to realize (visa vi the latest quarterly earnings report) that the emperor was wearing no clothes! The tide is going out... Lou G. has a nice smile but he doesn't look so good stranded on the beach, minus his three piece suit. Can you save the whale before someone grabs a harpoon? It looks like you are trying to throw somw water on him. Good luck!

To: art slott who wrote (4525)	1/22/1999 12:10:00 PM
From: J R KARY	Read Replies (1) \| Respond to of 8218

Right you are (and Ibexx, etc) - the sharks are feeding on "stop losses" The pros move the stock up just before earnings (wasn't it ML this time) and up go the nervous investor's "stop losses" . Then the "bad news" (which they have had for at least a day to word effectively) and then they "tick out" the stops . With new IBM stock in inventory , its time to call their "preffered customers" and state -- IBM at these levels is now fairly valued and a "buy" . Regards, Jim K.