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Technology Stocks : Apple Inc.

AAPL 278.28

+0.1%

Dec 12 9:30 AM EST

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To: lml who wrote (78543)	10/4/2008 1:48:15 PM
From: Win-Lose-Draw	1 Recommendation Read Replies (2) of 213176

Here's another way to say the same thing... It became clear some time ago that Jobs is sick, and dying. As AAPL is a company heavily dependent on the vision of one man, and was trading at very high earnings multiple, the stock has taken a pounding in 2008, declining nearly 60% from its recent all-time-high. Friday morning there was a statement from AAPL that Jobs isn't quite as sick as some believe, and the stock had a mild, short-lived rally to back above $100. As the day wore on, concerns about both AAPL and the broader market combined to drive the stock downwards, and it closed near it's intraday low.

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