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Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Alomex who wrote (28807)9/28/2000 11:40:31 PM
From: OrionX  Read Replies (1) | Respond to of 213176
 
Look under the G, for growth

Excuse me, but what do you mean by that? That there is no growth for Apple? If so, I disagree. Frankly, the analyst expectations never reflect reality when reality changes like higher interest rates, foreign currency issues, etc.. Anyone that doesn't believe Apple is a viable and growth company should definitely sell their shares tomorrow. Today's pre-announcement was definitely not expected, yet, Apple is still making a very good profit. The stock got pummeled in after hours like as if it had announced a loss for the qtr. After all the great qtrs, the market or analysts just don't seem to give a damn if and when there is a weak qtr. If Apple had been priced to perfection at $200, then a 45% haircut may have some logic behind it, but it's just crazy when the stock was only $54 to be cut down to $30!