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


To: Alomex who wrote (5140)4/25/1998 12:08:00 PM
From: JC  Read Replies (1) | Respond to of 9798
 
Actually Alomex, I bought all my Apple shares within the past two years for an average of about US$17 a share. I don't view Apple as a religion. I don't view the Mac as anything more than marginally superior than the PC at this point in time. I bought it precisely because narrow-minded people such as yourself thought the company was doomed and had no hope of a turnaround. Get real. Had I made the tragedy of respecting what you had to say about Apple, I would have been out of a 70% unrealized gain.

I also bought some Corel shares last fall, after the crisis broke. Had I made the calamity of listening to what you had to say about Corel, I would have sold my shares at US$1.40, and missed the runup and subsequent erasure of most of my loss now that it is US$2.75. That is almost a 100% runup. Still, the stock is at a loss for me, but a significant swath of that loss was cut out.

My prediction is that you will start to become bullish on Apple at US$35, after it has ranup another 25%. You will become neutral on Corel when it hits US$5.

Please, do the less experienced investors out there a favor by not spewing your "advice". However, I would appreciate it if you could let me know what stocks you are bearish on so I can go long on them and make a fortune. Really.