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

To: Kip S who wrote (43133)	2/12/2005 3:09:10 PM
From: djia101362	Respond to of 213173

After all, most of that rise took place before the Mini was even introduced. Kip - Actually most the move in AAPL stock happend after iPod mini was introduced. iPod mini was introduced at MacWorld '04 in January 2004. In May 2004 AAPL stock was still in the mid $20s. Or were you referring to Mac mini?

To: Kip S who wrote (43133)	2/12/2005 3:09:25 PM
From: Cogito	Read Replies (1) \| Respond to of 213173

>>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 - The problem is, when you sell a stock, you don't have the benefit of seeing the chart for the next six months. They don't even tell you what the closing price will be six months down the road. The old saying on Wall Street is "You'll never go broke by booking a profit." The question is whether Don made a profit on his sale. He did, so you really can't say it was a bad trade. It's true that he could have made more if he had waited, but worrying about what happens after you sell a stock is definitely unprofitable. - Allen

To: Kip S who wrote (43133)	2/12/2005 5:26:26 PM
From: Jill	Read Replies (1) \| Respond to of 213173

The problem with buy and hold is we're talking about the few big winners. Buy Dell or MSFT or whatever at the very beginning...or get into AAPL before the Ipod became a phenomenon...who can predict? Consider all the buy and holders whose savings were decimated when the market crashed... Taking profits as Don did was not unwise--seems like he made about 3/4 million if I recall, if he had all the shares he said he did. Yes, it'd be nice if he'd held at least some of them for a free ride, but who can fault him for buying at the smartest time? And who can fault anyone for taking profit--and protecting profit? It's the very rare investor who gets into a gorilla at the bottom and holds it to the top.