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

To: J R KARY who wrote (5012)	4/22/1999 1:20:00 AM
From: Michael Collings	Read Replies (3) \| Respond to of 8218

In reality this boost in earnings may give many a selling opportunity. What many aren't seeing is the huge profit growth currently seen may end soon. Millions of companies have upgraded their systems recently to become y2k compliant and that surge will end soon. Stocks respond up to six months in advance to earnings slowdowns and the recent drop in stocks like Dell are probably linked to the likelihood of no earnings growth going forward six months. How many of your companies have upgraded their hardware in the last year and a half? I bet most. I know my company just bought over 800 Dell computers in the last year and we won't be buying again for a long time. It was all y2k instigated. The pros will be out long before a turn in earnings is evident. Remember that.

To: J R KARY who wrote (5012)	4/22/1999 6:01:00 AM
From: Dorine Essey	Read Replies (1) \| Respond to of 8218

Jim, I'm not a pro, but this is the second time in my life that I have picked up IBM when it was down and no one seem to want it. The first time around, I let my son in law talk me into selling (at a profit of course) and I watched my IBM go up up up. When it dropped so drastic again , this time I again bought when it was down and NO way am I selling. Just like my DELL I will add to my position and hang in there. Dorine