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To: Ronald P. Margraf Sr. who wrote (3657)4/16/1999 6:55:00 AM
From: David Rowe  Read Replies (1) | Respond to of 6076
 
It's neither the answer I wanted to hear nor did I want you to humour me. I wanted you to say "hold, I'm wrong" my T/A shows it going through the roof!:)

My belief is T/A is based on what happened, not what is going to happen. It is a great predictor but sometimes circumstances are such that T/A cannot predict future events. I felt we were in that situation. I sense from your posts that your belief in T/A is it is always a predictor, and you are entitled to that and will likely make a lot of money because of your conviction. In this case you were right.

If it went up I would not "get in your face", (that's a bold assumption, Ronald!) and it has gone down. For different reasons than yours, I have sold Wednesday at much higher levels. I believe that your are currently right about the price direction. I see more neogotiations with IBM and possibly a deal, but certainly another run up!

I was supposed to say nothing...perhaps I've said too much. :) It is after all and Open Forum.

Appreciate your point of view, Thanks Ron.

Dave