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To: __HD who wrote (76887)3/20/1999 9:10:00 PM
From: Paul Engel  Respond to of 186894
 
_HD - Re: "or was there bad news at end of day? "

The bad news (at least that I picked up) was one or two analysts downgrading - or reducing earnings/revenue estimates - of IBM.

Dan Niles of BB Robertson Stephens was one.

Mainframe sales and to some extent PC sales were mentioned to be questionable due to pricing pressures.

When anything about PC sales is mentioned in a "negative way", Intel gets dumped like last week's garbage.

Paul