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

To: HerbVic who wrote (12696)	5/5/1998 4:50:00 PM
From: Alomex	Read Replies (3) \| Respond to of 213177

HerbVic, your comments do not change at all the fact that Apple is going to see a lot of resistance. Some investors here believe that by denying the facts and being hush about the negatives somehow the stock is going to go up. I prefer an open investment style in which all the cards are laid on the table, good and bad. Good: Apple is once again on the move, and my year end price target is $30-$35. Bad: There is a lot of resistance (if I had bought Apple at $13 I would most definitely sell right now: after 120% gains, no need to be greedy for a measle five bucks). That is the way I see it. If you don't like it, frankly my dear, I don't give a damn... :-)

To: HerbVic who wrote (12696)	5/5/1998 5:24:00 PM
From: Alomex	Read Replies (1) \| Respond to of 213177

Anyone who did not take their lumps and seek fortune elsewhere after all this time will most likely continue to hold in the face of rising expectations. I've seen quite a few people who "give up" on some stocks and do not sell them. When (if) they recover, they are happy to get out even since they had chalked up the entire thing as a loss in their minds. If they never recover they keep them as penny stocks somewhere in the attic (in fact, once your losses are large enough, this is actually a sensible strategy).