While the quarter may provide a glimpse of the current state of the business, we believe that investors are far more interested in the potential impact of potential pending cost cuts on the company?s profit and loss.

391

We don?t see this quarter as being a major catalyst, in either direction, but we believe the trends will improve for IBM during 2006.

223

We like restructuring stories, and look for a better entry point to potentially get more constructive.

157

We believe that the stock will trade well into product announcements next week, which we believe will include low-end notebook.

117

Given sentiment, we expect some near-term upside in the stock capped by revenue growth issues.

98

We still like the HP story and think the stock has room for additional upside potential.

74