This company should be over 100! If not by the end of this year it will be next. IBM is undervalued stock, IMO.
Ok, iBm is still going up but beware the exhaustion and the gap. http://knobias.com/institution/customers/companies/reports/pdf/1510904389/1510904389-UNIFIED.pdf
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.