Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Joe Smith who wrote (49571)	3/21/2001 3:53:50 PM
From: American Spirit	Respond to of 57584

AAPL has the most cash of the sector. And a secure major niche going forward. It will move as the market moves but it's good to know the value is there. About half its market cap in cash last time I looked. Very low PE too. LSI etc. great too longer term. I made money on LSI twice lately. It's one of the best in its sector. Like all tech stocks though, right now look for oversold conditions and 10-20% pops. Or hold longer term and maybe double your money. Or time it wrong, techs tank and be lucky to get your money back on the next rally. gg I'd say AAPL is a safe bet. Downside maybe 18, upside 22 for now, much higher longer term. Down from 65 recently. I bought it 3-4 months ago at 45 and sold it at 58 (split adjusted). One of my better 1-week trades buying before the split. And they were saying it was undervalued at 50. Good thing I sold. Also played it from 17 to 21 once recently.