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


To: L.Gardner who wrote (9947)3/24/1998 11:14:00 AM
From: rhet0ric  Read Replies (1) | Respond to of 213173
 
Set limits on 75% of your position based on near-term profit reports and big April buy orders, sell, and wait on the sidelines to see what your other 25% will fare long-term.

I've been wondering about when to sell a portion of my holdings for awhile now. If the earnings announcement is as good as many of us expect, that would be an obvious time. The trouble is, Apple keeps coming up with new reasons to hold on to the stock.

Rhapsody's future is nebulous, to put it mildly. . . But rumors on consumer appliances and are interesting. . .

These are the really interesting things, and I want to be along for the ride--and none of them will be announced until well after earnings. I would expect a lot to be made clear at the WWDC in May, at least as far as the server/NC strategy. Who knows about the consumer product(s).

I wonder how many current stockholders bought Apple because of better execution of its core business, and how many because of the possibility of great things to come. In other words, how much will the stock fluctuate relative to future real announcements and future speculation? I would have trouble picking the upcoming highs and lows based on those things, which would indicate that a buy-and-hold strategy is the best bet.

rhet0ric