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Technology Stocks : Apple Inc.
AAPL 278.12+0.8%Feb 6 9:30 AM EST

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From: NAG13/29/2006 8:57:57 PM
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Hard to say what the rally today was related to but it has looked like Apple had been oversold and looks much cheaper on a fundamental basis.

Also, the closer we get to the end of the month without any warnings about Apple's previous guidance, the less likely we are to see some significant issue pop up about sales in the last quarter. What will be most interesting is what will Apple's guidance be at the next earnings report. No matter how good or bad the past quarter looked, it is all about business going forward and many people have raised reasonable questions going forward. My own feeling is that Apple will do well and will capture a higher percentage of the growth in computer sales and we will see the share price rise. If I didn't feel that, I would sell.

Neal
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