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To: edamo who wrote (117037)	4/13/1999 2:20:00 PM
From: Dennis Kern	Read Replies (1) \| Respond to of 176387

Ed, Could you enlighten the thread on your short term stock price performance outlook on IBM? I hold some July 170 calls which I'm currently profitable on. Thanks. Dennis

To: edamo who wrote (117037)	4/13/1999 2:28:00 PM
From: Eggolas Moria	Read Replies (1) \| Respond to of 176387

Please reread my comment: Not going direct in Asia says a little about how IBM views the region's economics, distribution and their past relationships. There is absolutely nothing in that statement that is in conflict with IBM's decision for now not to extend Project Odyssey to Asia/Japan at the present time. You can disagree with that statement if you like, but it was not characterized as an absolute and until you post an explanation from IBM that would make my statement incorrect, I'll simply ignore yours as it has little worth. Of course, given the general nature of the comment, it's almost impossible to prove incorrect. It would have been more appropriate to ask for clarification of what I was saying than to assume that you knew from my general comments and then launch into an attack. But that does not appear to be your method on this board. As I said earlier on another faulty assumption by you: since your premise is faulty, your conclusion is illogical. That holds once again. It happens when you assume you know what someone else is saying without asking for clarification. I'll let you have the last word as I won't be replying.