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Technology Stocks : Apple Inc.

AAPL 277.96

-0.3%

Dec 8 3:59 PM EST

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To: jmac who wrote (28784)	10/1/2000 6:00:47 PM
From: HerbVic	of 213174

Re: the problem is nobody anymore can predict which stock is the next high flying wreck to be. If they could, they would make millions on the short side. MSG # 28705 Dated September 17, 2000 - Message 14400490 broader market forces could put us back below 50 at some point heading into ER. We're half way there now. How much effect might we expect the Euro to have on the expected product-refresh/back-to-school earnings bonanza? Might it be enough to warrant a pre-announcement? Didn't short, but I did bail out. In again Friday at 25.75 during after hours trading. Will buy more at 24 if available Monday. Way overdone on the sell side. There's still this cloud or mist of potential doom surrounding AAPL due to the dominance of Wintel in the computer market. Take advantage of it when you can. Guidance will be lowered at ER. Earnings will likely end up better than the warning numbers, leading to some recovery. There will be downgrades later in the month. Revised pricing on the Cube and the availability of the $799 iMac will lead to an excellent Q1 (if fuel prices are placed in check). New announcements and follow through on OS X will lead to a rally in Jan. Well... That's my take. I suggest thinking it out for yourself before investing. HerbVic Fuel prices stole September's discretionary spending. <Edit> For perspective, perhaps I should disclose here that AAPL's price rose from $55 at the time of the post, to $62 in short order. It later fell to below $52 at some point before the pre-announcement. I bailed out at $58 just after my post.

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