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Technology Stocks : Apple Inc.

AAPL 277.96

-0.3%

Dec 8 3:59 PM EST

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To: ratan lal who wrote (28919)	9/29/2000 4:26:19 PM
From: Sabrejet	Read Replies (1) of 213174

What can one say after today but...wow. That was a tough moment in time for many. As a trader, you go through times when all is clicking and everything you see is obvious. I bought in the after hours yesterday and as well today as low as $26. But I am disappointed with Steve Jobs. I believe with a little bit of guidance, conservative as it may be, he could have limited the damage to a price well above the closing price of today. Make the announcement, halt the stock, hold a conference and then open it up after a digestion period. Both longs and shorts benefit under these conditions. He has shown his arrogance in his business practices, but has also shown his immaturity today. Still, the street has factored in basically NO earnings with a complete head for the hills attitude. There will always be those who will preach here the doom and gloom about Apple has a niche market that has gone south or the likes of that. I say, all companies have a niche product. Sales, marketing and most of all strong R&D separate most companies. Sabre!

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