Apple Inc (AAPL)

[roni]

coreguy wrote:

"I've often said that I am long AAPL for the foreseeable future EXCEPT if I thought he would quit, retire, get sick, or...get pushed out by the options backdating thingie. So, I stayed long and it's been quite a day."

There have been three times since the Fifty dollar range that I have sold all of my AAPL - twice in the pre-market session. All of those were related to the options backdating issues. Each of those times I bought back within a couple of days to a week.

It is the only cloud on the horizon, Steve's future, and I am not sure I will sell again because of it - that does not mean I won't have trailing stops on a portion of our AAPL positions, but I think the Apple Inc. is going to be a growth monster for as far down the road as I can see (may not be very far).

Steve's departure, voluntary or otherwise, would have an immediate impact, but I think I would have to consider it as being a potential buying opportunity - depending on what happened after that. If it were options related, he could conceivably get tossed from his executive position but st