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To: Thomas M. who wrote (2526)	4/25/1999 3:23:00 PM
From: Ian@SI	Respond to of 17683

That's why IBM jumped $30 / share in the 2 days following its earnings report. If that's your definition of how a quarterly report sucks, may I have the good fortune for it to happen to every stock I hold. Somehow, I doubt that I'll ever look to you for any reliable information. IBM's quarterly report sucked. The analysts and Maria were right.

To: Thomas M. who wrote (2526)	4/27/1999 6:51:00 PM
From: Scot Rosenblum	Respond to of 17683

HI THERE....THIS IS MARIA B AND I AM USING SOMEONE ELSE'S LOG IN B/C I DO NOT HAVE ONE AND WASN'T SURE HOW TO REACH YOU GUYS. I DON'T LOG ON THAT OFTEN. TED TOLD ME ABOUT THE TALK REGARDING ibm SO I READ THE THREADS AND I WANT TO MAKE SURE EVERYONE KNOWS THE FACTS. THE IBM STORY WAS NOT A RUMOR. THE STORY WAS THAT MORGAN STANLEY ANALYST TOM KRAMER WAS TELLING MORGAN CLIENTS THAT IBM WAS FACING REVENUE AND MARGIN RISK. AS HE WAS TELLING CLIENTS THIS THE STOCK AND THE REST OF THE MARKET BEGAN TO MOVE. I CALLED MY CONTACT AT MORGAN STANLEY AND GOT THE STORY--WHY HE WAS TELLING CLIENTS THIS AND EXACTLY WHAT HE WAS SAYING. I THEN WENT ON THE AIR WITH IT. IT WASN'T A RUMOR. IT WAS A FACT..MORGAN WAS SPEAKING NEGATIVELY ABOUT IBM. THAT WAS A FACT. THAT WAS THE STORY. THE STOCK PROCEEDED TO TRADE DOWN ONLY TO SURGE IN THE MONTH THAT FOLLOWED ON THE GREAT EARNINGS. THE QUESTION IS: DO YOU WANT TO KNOW WHAT ANALYSTS AND TRADERS ARE TELLING CLIENTS ABOUT CERTAIN SITUATIONS OR NOT. I GAVE YOU THE FACTS ABOUT WHAT MORGAN'S KRAMER WAS TELLING CLIENTS, WHETHER HE WAS RIGHT OR WRONG IS ANOTHER ISSUE. I ALSO THE VERY NEXT DAY ON SQUAWK PROCEEDED TO REPORT NOT ONLY MORGANS COMMENTS BUT A RESPONSE FROM MERRILL ANALYST STEVE MILLONOVICH..WHO SAID IT WAS A FANTASTIC BUYING OPP'Y AND THAT HE BELIEVED MORGAN WAS WRONG. I FEEL I GAVE MY VIEWERS VALUE ADDED BY TELLING YOU WHAT EVERYONE WAS SAYING ABOUT IBM..WHY THE STOCK INITIALLY MOVED AND WHAT A RIVAL ANALYST WAS SAYING IN RESPONSE. THAT'S ALL I CAN DO. I CAN'T POSSIBLY MAKE CALLS AS FAR AS WHO IS RIGHT AND WHO IS WRONG. BUT I BELIEVE A PERSON WHOULD KNOW ALL SIDES. I WANT TO MAKE SURE YOU KNEW WHAT THE SCOOP WAS. THANKS FOR THE THREADS....M