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

To: soup who wrote (7520)	1/10/1998 10:16:00 AM
From: Mr. Miller	Respond to of 213173

IMHO, a pop to $25 may not be out of the question next week. If it does, best to sell, and wait for pullback to $20. Beyond 10-Q is pure speculation on where AAPL may be headed, and if we see a stock rise after next week, that will be a short-term indicator that some may be buying the recovery theory. After watching AAPL lose market share and stock price for so long, I do not think we can reasonably expect AAPL to rebound to glory overnight. It takes a lot longer than 1 quarter to rebuild, but at least they are at the beginning of the rebuilding period and the end of the slide down, finally. We'll see if she can rebuild, but that is where the real stock appreciation will come. If you do not believe(as many do) that AAPL will be growing in 9-12 months, you shouldn't expect anything more than a short-term bounce higher on extraordinary 1Q profits. If you believe in a potential turnaround, which I do, then be patient with some of your holdings after the sell next week, for a longer term perspective. I think AAPL has at least earned a right to hear them out on a possible turnaround after years of many investors complaining about their stock and share of market slide. For anyone interested in another stock. I have been in ABTX since 2 13/16 back in April 1997. It's now at ~$19. You may find it worthy of DD. Miller

To: soup who wrote (7520)	1/10/1998 3:31:00 PM
From: Alomex	Read Replies (2) \| Respond to of 213173

Well, I think I enjoyed using Apple products* a lot more than the DOS/Win 3.1/'95 users I know.* Interesting the world you live in, soup. You buy stocks for enjoyment of product use, not for investment results. And you've gotten filthy rich by backing up that opinion with shorts and puts? There's been a few times I regreted not having the money to risk in a trade. Long on Unisys at $2, short on Softquad at $4 Cdn, short on Apple at $40. And about the "joke" on contrarian, you said the same thing back in September (msg 4746), when I took a break from this forum. At the time, the stock price was $22, today even after the latest rally, Apple sits at $18, down 20%....