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Technology Stocks : Apple Inc.

AAPL 264.73

+2.0%

1:21 PM EST

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To: RJC2006 who wrote (3977)	8/11/1997 6:52:00 PM
From: Fernando Saldanha	of 213183

Bob, you are the one who started it, saying that Malsi was irresponsible with his money. If he indeed shorted Apple at the highs (I did) he is doing quite well. The Apple threads are dominated by fanatics, and anyone that dares to dissent is insulted and put down. Since Apple stock is traded on such an emotional basis, there are great opportunities for making money trading it on the long and short sides. However, objectively speaking Apple was one of the most overvalued stocks in the U.S., already when it was trading at $15. At $24 it is a joke. Look at: parkercenter.gsm.cornell.edu

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