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Technology Stocks : Apple Inc.

AAPL 280.65

-1.2%

Dec 4 3:59 PM EST

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To: Keith Howells who wrote (8908)	3/1/1998 12:02:00 PM
From: Alomex	Read Replies (2) of 213173

I've been a Mac owner since 1986 but never held any of their stock. I decided to take the plunge today. Keith, i think you've chosen the wrong time. The stock has had quite a bit of a runup from shorters covering their position. I would have waited for a pullback or at least some eveidence that the current price will hold. From stock viewpoint, it is still undervalued if compared to Dell, Gateway on the basis of PE, SE (total sales $ per earning) or margin per earning. And I have some lint in my pocket that looks undervalued when compared to price per ounce of gold. Phillip, I think it is quite intellectually dishonest from your part to compare Apple --a shrinking market share manufacturer-- with a growing-sales company like Dell. I feel sorry for those like Keith who fall for such spurious arguments. If based on Gateway current market value, Apple's price should have been around 50+. Why isn't Apple adjusted by analysts? As I said: falling market share. Long history of losses. Historical inability to deliver new products and follow through with the winners. Lack of CEO, no track record.

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