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

To: Arrow Hd. who wrote (4919)	4/13/1999 1:55:00 PM
From: Ben Antanaitis	Respond to of 8218

Arrow Hd, The Max-Pain Point&#153 graphs for all the stocks/indexes in the study get updated and posted every Wednesday and Friday evening. The current graphs from 4/9 are viewable. Next update tomorrow evening. Ben A. ez-pnf.com

To: Arrow Hd. who wrote (4919)	4/15/1999 2:13:00 PM
From: Jules B. Garfunkel	Read Replies (2) \| Respond to of 8218

Arrow and All, I posted this on the INTC thread, but I thought you, and all here, would also appreciate reading the post. Message 8920703 Regards, Jules ======================== Harry and All, I find it rather ironic that INTC should be down today, (-3 1/2 @ 57). For more than 2 years I have complained of IBM's poor quality of earnings. I have watched their stock go up, sometimes 7 points in a day, after they made their analyst's estimated earnings numbers by buying back stock and reducing their tax rates for the Quarter. At times these two items alone have accounted for $.12 to $.19 cents per share per quarter, (Q after Q). Yet, INTC reports one Quarter's earnings on Tuesday,(beating estimates by $.02, with higher than expected GP Margins), but the earnings included a $.02 a share contribution from sold securities...(in a Q when these securities were at all time highs), and a $.01 contribution from a lower tax rate, and INTC's stock goes down 3 1/2 points, after the day before's 5 point drop. Where is the rationality? Is it because analysts who follow INTC do not speak to the analysts who follow IBM? Jules