Yea, but now with all three systems (Wii/PS3/X360) using IBM chips, and their new contract for 500 mil. for a supercomputer. Their stock should be able to go above 100. We will have to wait and see i guess.
Yea, but now with all three systems (Wii/PS3/X360) using IBM chips, and their new contract for 500 mil. for a supercomputer. Their stock should be able to go above 100. We will have to wait and see i guess.
I will be buying CRAY instead of IBM. IBM is too high for my taste, hopefully there will be a pullback in CRAY so i can sneak in their and get a piece of the pie.
IBM has had a phenomenal and ridiculous run since June/July; up 25%
It will be interesting to see if it tops off here a bit. I believe the last time IBM broke or was above current levels was in Jan 05
Just for giggles, I checked the Dec calls and there is barely any open interest at the $100 strike. There are however a few 10K contract blocks open at the $95 strike.
How about this for a meaningless statement: By mid/late January 07, if this trend stays in tact, it should definitely be trading above $100 at those previous Jan 05 levels.