Bill Wexler's Dog Pound Message Board

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Non-Tech : Bill Wexler's Dog Pound

REFR 1.560

-2.5%

Nov 7 9:30 AM EST

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To: Bill Wexler who wrote (4022)	9/29/1999 6:54:00 AM
From: Bill Wexler	Read Replies (4) of 10293

AAPL - I thought about it...I'm wrong. Selling everything for a 20% loss. I believe that Apple will sell tons of G4s, I also believe the company is a great value. However, I am now convinced that the market will not assign it a growth multiple in a reasonable time frame. And judging from the selloff after slightly negative news (the processor shortage), I am beginning to wonder what sort of haircut the stock will take if there is another hiccup...so my perception of risk has gone up significantly. This may be dead money for a while. Should have gotten in when momentum started to build. I'm taking the hit and moving on...

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