Apple Inc (AAPL)

[roni]

1998 all over again all over again

Have done some thinking about Pinza's thoughts that there will be selling pressure. He may be correct, but.....in this scenario

1) New Pro Towers

2) Quark for OS X

3) Improving economy in the 2nd half predicted for the 3rd year running. The're goinng to be right one of these years :).

4) Other possible but less sure announcements

Along with the anticipation of improved forward guidance during 2nd quarter conference call.

I am thinking this: put a stop loss order @ about 5% less than I paid for the shares (18.82) for downside protection. Step 2: Sit tight and hope for the best.

If, however, Apple runs to between 20 and 21, it will be tempting to take profits thus avoiding any downside risk and letting go of any further upside.

It is 2003, not 1998. Thoughts anyone?