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

To: billcasto who wrote (142409)	10/9/2012 11:22:40 AM
From: pianopoet	5 Recommendations Read Replies (2) \| Respond to of 213172

It is indeed uncomfortable to watch apple stock decline but it is important to get rid of all the nervous nellies who follow the doom and gloom of those who are gifted at spewing junk, technical charts, and nonsense about Apple. There is a lot of negative sentiment out in the macro picture right now. The latest casualty is Intel and Hewlett Packard. It is very rare to see a company like Apple with its product cycles and innovations create a super wealthy ton of cash and profits but the markets enjoy emptying people's pockets in fear. I don't always agree with Jim Cramer but with regards to Apple I am in accord that this company is an investment not to trade and speculate. I put this company away along with others like Philip Morris, Coke and IBM. I have owned Apple since November of 2004 when the price of the stock was 31.50 per share. Over the years and also the great recession of 2009, I have added to the position at $100 per share and have stayed the course. The fundamentals are exemplary as others try to lie, cheat and and imitate Apple but there is only one Apple. I recently had the joy of seeing the new iphone 5 and I have to say this is the most extraordinary Iphone in the world. There is nothing about it that is not superior to anything including the Galaxy S111. Jim Cramer said now is the time to be buying Apple as the sell off creates a wonderful buying opportunity. It will be interesting to see where the stock of apple is five and ten years from now. Best wishes for your success and and wealth in being an Apple Shareholder.