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

To: inaflash who wrote (57783)	10/11/2006 10:27:25 PM
From: jbn3	Respond to of 213177

Thank you for your courteous reply! I became an AAPL long (again) in January when they beat estimates. I bought at 85.... and at 80... and at 75... Meanwhile, AAPL continued a rather dismaying and consistent retrograde action. At one point I was forced to hedge my position in order to satisfy a margin call. (Thank you, Lizzie, for the reports which convinced me to hang on!) The gurus say that one should diversify. That seems to me to be a mantra held over from the days when the average investor had not knowledge, nor means, nor time to do much research on the market or individual stocks. Rather than place my resources in a lot of smaller equal pots, I prefer to take larger positions in a few selected stocks. Ergo, AAPL now comprises a rather significant portion of my total portfolio. So I am extremely interested in the wisdom of this thread, as to the probable price action around earnings. Does AAPL generally stay flat into earnings, and then move strongly in one direction or the other, based on the data? Or does it tend to rise sharply pre-announcement, and fall back afterwards? Obviously, historical trends and patterns do not equate to concrete indicators of the actual future price action. Still, knowledge of these patterns does provide data points for decision-making. My thanks to all of the serious posters to this thread, who have helped me form my opinions. FWIW, I have seen numerous empirical examples of the encroachment -- perhaps I should say broader acceptance of MACs -- in the market place. For instance, the Austin Public Radio station, KUT (WWW.KUT.ORG), now offers five AAPL-compatible options of listening to its programming on line. I can't say exactly when they initiated this, as I am still using a Windows machine -- at least until Christmas!) Thanks again to all of the serious posters! jbn3