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Strategies & Market Trends : Rande Is . . . HOME

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To: dieselfuel who wrote (45710)	1/17/2001 5:09:13 PM
From: American Spirit	Read Replies (3) of 57584

IBM, AAPL and SCNT all beat the street. Some say AAPL's investment gains shouldn't count but it's cash. Cash is cash. IBM though did the best job and will lead the computer sector higher. Wish I had bought IBM but my AAPL will folow the leader. With a market cap of 5 billion, 6 billion revenues, 7 PE and 4 billion cash it's very very oversold. I'm going to try to hang in there for a double this year. IBM is great but doesn't have that kind of upside. SCNT's comments are very positive. expect a nice move tomorrow and going forward on that. The stock is down 97% from its high and does plenty of high-end business. Basically we will gradually recover from last quarter's virtual stoppage of new orders in high tech. Once inventories are burned off and everything resettles we will go higher. I'm not sure where to buy INTC, at $30 or wait for lower, but that sure looks juicy too.

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