Keith Watanabe * NET 2.0

IBM's poor results nuked the nasdaq the last few days. Today we saw a slight gain on the NASDAQ, my guess, from cheap buys. Seems like April is a weak time coming off the holiday season. Of course, companies like Intuit probably hit the ballpark, but other shops are probably slowing down. I don't expect a recession despite IBM's results. Only such a thing could happen if things spin out of control, but there aren't major indications of a slowdown with some gains in the economy. I'm more worried about inflation and the price of oil/gas. That'll have a longer lasting inmpact than these short dips. I still believe that oil/gas won't dip until Bush is overthrown.