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Technology Stocks : Apple Inc.
AAPL 278.79-0.7%Dec 5 9:30 AM EST

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To: Gambit who wrote (1410)2/17/1997 2:18:00 AM
From: CVJ   of 213173
 
The people that "know" that APPLE is going down are
shorting the stock and if they are right, they will make
a bundle. The believers and hopefuls will buy now
because they"know" that it will go up. If there is a
really big crash, it won't make any difference will it?
The shorters will make even more money, albeit in a
different time-frame, and the longs will sell to the
shorters and have large capital losses to use against
taxes. Of course, if the crash doesn't happen and Apple
works out like soup and Mr. Lee expect, the longs make
money and the shorters have the capital losses to deduct
from their taxes. You pays your money and you takes
your chances.
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