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Technology Stocks : Corel Corp. -- Ignore unavailable to you. Want to Upgrade?


To: JC who wrote (5139)4/25/1998 9:37:00 AM
From: Alomex  Read Replies (1) | Respond to of 9798
 
Sal, don't bother giving prudent investment advice to Alomex.

He said sell Apple when it was $13 a share, and only now, after it has more than doubled, has he become neutral.


That is not true. My change to neutral was at $18, way before it doubled, and just five dollars from bottom after a fall from $43 to $13.

Reality is, JC is sore that I panned his favourite stock (Apple) for two years and the stock tumbled just as I predicted.

Apple, as opposed to Corel, is a religion. It has self appointed zealots and evangelists who openly proclaim their lack or rationality for the stock/product. JC is a prime example.

In a way they sounded just like Cowpland during all those hard years. Always optimistic in spite of the facts.

Now they find "validation" with the bounce from $13 to $27, even though most of them bought the stock above $30 over two years ago.