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Technology Stocks : Apple Inc.
AAPL 278.06-0.2%Dec 11 3:59 PM EST

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To: louis mason who wrote (9356)3/12/1998 10:26:00 PM
From: Alomex   of 213176
 
just admit it- you are like me and were completely taken by surprise of this stocks rise.

Sure. I'll admit that. And your point is?

I'd love it to drop to 20.00 so that I could buy in on a trend that WE just plain missed.

I would not do that. I have seen this company fall for so long that I just cannot get myself to buy it unless it has a substantial discount.

Apple has so many loyal followers that is never quite at the price I would like to buy it. Usually when a stock goes down rapidly, I assume that it has overcorrected and I buy it, with mixed success (won with INSO and RATL, lost with COSFF).

Apple never goes low enough for me to buy (well, actually it did once, but unfortunately the order did not get filled).

If the next quarter is good, proving that the previous one was not a flash in the pan, I'd sure buy Apple at $20. Unfortunately it will likely be too late by then...
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