New York Stock Exchange Update, CNNfn.

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Original Source: THE MONEY GANG

PAT KIERNAN, CNNfn ANCHOR, THE MONEY GANG: Time for more of "Talking Stocks" on THE MONEY GANG.

ALI VELSHI, CNNfn ANCHOR, THE MONEY GANG: Eugene Profit, of the Profit Funds, is with us from Washington. You can call us at 1-800-304-3638 or you can e-mail us at MoneyGang@CNN.com. And I`m not sure how you would Bluetooth your way into the show, but.

KIERNAN: Tommy e-mailed. He would like Eugene`s opinion on whether this is a good entry point for IBM [Company: International Business Machines Corporation; Ticker: IBM; URL: http://www.ibm.com/] - Eugene.

EUGENE PROFIT, PRESIDENT, PROFIT FUND: Well, I think the entire technology sector is kind of close to fairly valued, if you are looking at current earnings. But I don`t think earnings in technology are normalized. You really are starting to see demand come in quite strongly. IBM is starting to compete aggressively against EMC [Company: EMC Corporation; Ticker: EMC; URL: http://www.emc.com/] , one of its old nemeses in the storage space.

So I think, at current pricing levels, you could enter a position in IBM. It`s not one of the...

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