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

To: NAG1 who wrote (43130)	2/12/2005 1:00:10 PM
From: djia101362	Read Replies (1) \| Respond to of 213173

Neal - Most investors never get the opportunity to get in at the so called "ground floor" and be a part of a "10 bagger." Especially in a company that was so well established as Apple. To get those kinds of returns you usually have to invest in a startup that you're never really sure will be around 12 months later. In 1990 I had 3,000 shares of a little computer company that started from a dorm room in Austin Texas. I believe it was called Dell Computer. I know it would have taken a lot for me to hold those shares until today but it would have turned into 288,000 shares by March 1999...YIKES. It only took Dell 8 years to reach its all-time high stock price of about $60 split adjusted and split 7 times within those 8 years. But the point is I haven't been bashing Dell Computer on public forums for the past 15 years because I sold too early. I missed a life changing opportunity but life goes on. Learn from your mistakes but don't try and bring your misery upon the rest of the world because of it.

To: NAG1 who wrote (43130)	2/12/2005 2:44:36 PM
From: Kip S	Read Replies (3) \| Respond to of 213173

Actually, Don's moves have been entirely consistent with his view of apple. Because of that, he missed this large move that apple has made over the past several months and appears to have been wrong in the short term. Long term, it all depends on what happens with market share. Don doesn't feel optimistic about apple's chances so he sold on the success of the ipod. The present day shareholders think that apple will gain market share and traction because of the ipod and the new mini. Time will ultimately tell who is right over the appropriate time frame. Hard to find much fault with someone who exits a position with a profit though, even though they may have left a decent amount on the table. Neal, Don't entirely agree with your analysis. You are assuming that's Apple's rise from mid-30s to 81 is based only on expectations of future market share gains. I think the rise reflects largely, if not mostly, the profit stream from the iPod and expectations of same in the future. After all, most of that rise took place before the Mini was even introduced. I think you are right about selling with a profit--but only partly. Every time I bought AAPL. I had a profit on the shares the next day, yet I would not think I made good decisions if I sold the next day. The fact is, Apple is trading at $81+. Whatever your view or expectations, you would have been better off holding the past 3, 4, 5, 6, months. If you (not you personally) think Apple has gotten as high as it's going to get, then the proper move is to sell Monday morning, but there's no way I think it's possible to rationalize NOT holding onto Apple the past few months as a good/right investment move. Kip