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

To: Pryderi who wrote (29008)	10/2/2000 4:51:39 PM
From: Stock Puppy	Respond to of 213177

>>I might use the cash for something else: it seems to me that now is a much better time to buy AAPL than it is to buy a MAC Heheh, buy an apple now, buy 2 macs later? :-) I might hunker down and buy one of the the new G4's, just because one of my users is bleeding and needs an upgrade badly. But we still have a few more upgrades that I can make wicked justifications for I'll sit on... Not ready to let more PC's in here than I have to, yet. :-) I still say use the best machine for the job, and so far Macs are it for us for most applications.

To: Pryderi who wrote (29008)	10/3/2000 1:45:10 PM
From: Cogito	Respond to of 213177

>>I agree with you on this - I'm ready to buy a new Mac, and I've got a wodge of cash put aside to do it, but it does seem a much better idea to wait until OS X comes out, with possibility of new processors at long last. I might use the cash for something else: it seems to me that now is a much better time to buy AAPL than it is to buy a MAC Pryderi (Long on AAPL, and probably getting longer this week.)<< Pryderi - I don't know. I'm planning to wait on adding to my AAPL position, too. The trend in these cases seems to be a sharp drop, followed by a slow slide before recovery. And of course, there's always the possibility of another sharp drop when earnings are announced. I'm betting that December will be a better time to buy AAPL, but of course I could be wrong. I do think the stock is undervalued right now. - Allen PS: If there are a lot of people who are waiting for OS X and new processors to buy Macs, then it makes even more sense to wait a while before buying the stock. It could mean that we'll have to wait until after the first of the year before earnings start to grow again.