in new york city's times square.
our traders are tim seymour,
brian kelly, steve grasso and
guy adami.
old technology stocks are
becoming the new momentum names.
look at the moves over the past
five days for ibm, cisco, intel,
and qualcomm.
is it too late to buy into some
of the tech players?
let's start off with ibm.
hpq's gain this year was ibm's
loss.
>> look at the last quarter at
ibm.
eps.
but they continue to miss under
revenue line.
and they continue to miss badly.
i think the business is
floundering right now.
but the stock performance, since
they reported that quarter has
been nothing less than
staggering.
the stock has held 175 three
times.
but since october, november, you
basically put one in terms of
ibm.
i think you sell it with both
hands here.
i think they're going to
probably have another lousy to
miserable quarter.
but the stock has been
incredible now for a while.
the last -- today's action in
ibm, absolutely surprised me.