Re: apple computer stock
Ray,
People love this company and will lose money when the ipod goes out of fashion and something else comes along. I wouldn't hold this company or any other PC company. The competition is tough in this field. You got to ask yourself what's the future product line for this company. All products have a life cycle, and if the next one is not as big as the Ipod it will crash. Any stock that's trading at more than 20 times earning or greater are on my sell list.
The trouble with tech stocks, especially if they only sell one particular item, is that they will crash down to earth and sell for their real value. I shouldn't have to mention any examples. Just look what happened on the last tech bubble.
Good Luck
Mark.
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