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Technology Stocks : Apple Inc.

AAPL 269.46

-0.2%

3:59 PM EST

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To: John M. Hammer who wrote (377)	10/17/1996 1:52:00 PM
From: David Kuspa	of 213184

John, one other thought: you can't blame investors for taking profits. I know I'm tempted. As I mentioned earlier, investors who bought in during the past 3 or 4 months could have gains ranging from 35-70%. Also, there are those shareholders who bought in this range a little earlier that are so relieved to just be breaking even that some of them are probably selling now that it's come back up to their entry point. The only reason I'm not selling is that I've got a comfortable margin of profit and I'm willing to let it sit for another quarter or two before I determine whether it's worth holding longer-term. My instincts tell me that it has a very good chance, but I'll wait for more positive signals. D. Kuspa

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