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Technology Stocks : Apple Inc.
AAPL 277.96-0.3%Dec 8 3:59 PM EST
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To: HerbVic who wrote (10046)3/25/1998 2:41:00 PM
From: Andon  Read Replies (4) of 213174
 
If you would step back from your nauseating sycophant view of Jobs and Apple long enough to look at a long-term stock chart(I mean monthly 1983-1998), you would see the signature of a once booming, but now dying company. The chart shows a classic head-and-shoulders pattern. In other words the glory days are over and all recent attempts to get back have been thwarted. In fundamental terms, what this represents is exaggerated expectations which have been dashed on the rocks of reality. The most recent rally, once exhausted will be the dying gasp.
I would not be surprised to see the stock below $10 by year end.
Mark it on your calendar.
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