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Why sell AAPL after Q2 earnings report?
AAPL didn't gather it's present strength in value via a fluke, they're on their way to major turn around and the Q2 announcement should reveal a slight increase in market share and positive earnings in Q2 (which is traditionally AAPL's weakest quarter).
Why sell a winner if the above scenario proves to be true? You'll pay additional capitol gains taxes if you sold too early plus if you want to jump on board AAPL again at a higher price per share you've lost what you could have additionally gained?
If you're going to counter and use the August run up to $29 and subsequent downward trend to $22 the weeks following as reason, I'll point out that MSFT's 150 mil investment in AAPL was the main reason for that run up and AAPL did not have the strength to support $29.
Today is different because of G3, PBs, Rhapsody, AIO for education, alliances with MSFT, QT, OS 8.+, streamlining staff and products, marketing campaign, Management and BOD, PPC, new streamline monitors (priced right @ introduction), well deserved positive press, and the list goes on and on......Just my 2 cents worth.
The Motley Fool did a worth while read piece on "A Market-Timing Lesson" on 4/9 that sums up my thoughts re selling a winner early.
<The Evening News 04/09/98: A Market-Timing Lesson>
Cheers,
Dennis |
