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


To: Dr. Id who wrote (22462)1/14/1999 11:11:00 AM
From: MeDroogies  Respond to of 213173
 
Hold on there...the stock is up 100%+ in the last year.
The Street is ALWAYS skeptical.
ORCL took 5 quarters of good earnings to get back in good graces...but they only had 1 bad quarter.
AAPL should be fine once we get past the next quarter. In the meantime, it will garner more adherents. AAPL, once they announce a purchase of some sort, will take off.



To: Dr. Id who wrote (22462)1/14/1999 11:23:00 AM
From: MeDroogies  Read Replies (1) | Respond to of 213173
 
What is frustrating is watching the average size rise as buyers poured in...then watching the size fall as investors sold again.
Seems like there is a battle between the institutions and the individuals on this one right now.



To: Dr. Id who wrote (22462)1/14/1999 11:41:00 AM
From: Mark Palmberg  Read Replies (1) | Respond to of 213173
 
This is really frustrating.

Try owning Adobe, Jeff.

Mark



To: Dr. Id who wrote (22462)1/14/1999 12:36:00 PM
From: rhet0ric  Read Replies (2) | Respond to of 213173
 
I'm getting tired of holding a stock that the street obviously doesn't like

I think we're overreacting a little. Just as a general comment: price moves often tend to appear irrational in relation to news, and it's easy to be skeptical and invent conspiracy theories; in fact, I think things are mostly rational, even with AAPL, but that the moves happen before rather than at or after news.

I don't see today's drop as a response to the earnings announcement. I see it as short-term profit taking. The rise in advance of earnings happened in late December (AAPL was trading at $32 in early December, remember). $32 to $46 in one month is pretty damn good. That's a 45% rise or something. And I expect that once the profit-takers are out, we'll once again move up.

rhet0ric