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


To: Essam Zaneldin who wrote (22486)1/14/1999 2:54:00 PM
From: Alomex  Respond to of 213173
 

What are your thoughts about AAPL dropping more than $5 today (around -11%)?!!

IMHO it is a confluence of many factors. On one side is Brazil. The Dow is down 2.7%. The other are the concerns put forth by Oppenheimer. Some people seem to think this is the best Apple will do. The "easy pickings of low hanging fruit" as somebody else said. This should not be dismissed off-hand, as many bulls do. Lastly, this is typical profit taking, sell on the news type of action.