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

To: saju chacko who wrote (4679)2/9/1999 9:39:00 PM
From: Ben Beale  Respond to of 8218
 
Saju,

Thanks for the thoughts. Just window shopping for now. U.S. economy remains strong measured by GDP growth. Were it not for the possibility the Fed might tighten, I would be interested in IBM between 155-160. It's gotta bottom sometime. When?

bb



To: saju chacko who wrote (4679)2/10/1999 10:39:00 AM
From: Arrow Hd.  Respond to of 8218
 
Why do you say IBM does not hedge currencies? They have a very, very,
sophisticated operation in their treasury dept. Just because they
usually report a sidebar number based upon "constant currency" does
not mean they do not attempt to granularize the effect on a currency
to currency basis within a quarter.


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