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ljk

09/09/04 3:11 PM

#20928 RE: Altaire4_2dot0 #20919

Altaire: Stocks go up and down, and their fair value in terms of adding up their earnings and such is only a part of the picture, as you rightfully point out.

For my part, I expect Apple to positively surprise, either with new products we didn't expect, better sales than we expected, or deals we didn't expect. Somehow that has to get factored into the stock price.

Neff's report caused a lot of volatility today, and the stock price is currently down 1.49% as I type, but yet, it's about in the middle of the day's pricing right now, about 50 cents from the day's low, 50 cents from the day's high. Interesting.

While people have been taking profits, others have been positioning, taking advantage of the relative bargain price compared to yesterday's.

There's no reason you won't get a chance to buy at under $35 eventually. That's not an unreasonable expectation; just could require a little patience. OTH, maybe if you bought now, you could get a nice ride up that you'd otherwise miss in waiting for your price. No one knows!

But look at this:

http://www.macworld.com/news/2004/09/09/realnetworks/index.php

REAL is at a one-year low in stock price right now, AAPL says their iTMS sales have continued to increase during the time of REAL's promo. People who start wringing their hands about the competition, are underestimating AAPL's strength.

GLTY!
Linda