Apple Inc. Message Board

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Technology Stocks : Apple Inc.

AAPL 273.80

-0.2%

11:14 AM EST

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To: Alomex who wrote (28903)	9/29/2000 6:06:59 PM
From: PaperProfit1	Read Replies (1) of 213176

Alomex: You state the obvious. My premise is that AAPL will do well as a business from here on. An it will NOT take much to meet the new expectations. This stock has the PE of Caterpillar for #### sake. AAPL should be able to recover from here and the price cut was way overdone. Despite Management excessively rosy scenario, AAPL IS growing at a good pace. The problem is that they could NOT give themselves room for error in a slowing economy. At current prices, AAPL IS a bargain, and today's downgrades are stupid, once the stock fell 50%. The good news is that institutional investors are out of AAPL stock. They will come back in due time.

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