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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (43604)	1/16/1999 4:34:00 PM
From: David Semoreson	Read Replies (1) \| Respond to of 132070

>>I have not bought puts on Apple because I think they are innovative if pricey. << Pricey? At a lofty 15 P/E ? (trailing!) Or is it the 1x sales? Or is it the $17 of cash? Show me another "pricey" stock like AAPL! >>But this recovery is just the warmup for the final crash. In Apple the company? The company that made $100 million in the last quarter? The one that has killed analysts estimates 5 quarters in a row? With $2.5 Billion in Cash ? Seriously? You might want to do some research, and either reconsider or have some good reasons. **David