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Strategies & Market Trends : Rande Is . . . HOME

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To: Softechie who wrote (45543)	1/16/2001 12:11:32 AM
From: American Spirit	Read Replies (2) of 57584

Why buy CIEN at PE 100 (or whatever) when you can buy AAPL at PE 8? Though CIEN looks hot they could stumble while AAPL has only upside IMHO give or take a point or so. Not putting down CIEN but some perspective. Only four months ago I think I traded AAPL from 81 to 99 pre-split. It got up to 120 or so. It then split to 60 and is now at 17-18. It's PE reflects the fact that all bad news has been priced in (in spades). KNow anyone who owns an Apple? Will they ever use anything else? (probably not) And don't forget Jobs the showman. He's on the warpath now.

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