Apple takes a big fall

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Panic time for stocks?

I think that it's going to be panic time for a lot of investors,
especially since the President came out with a $145 Billion
stimulus package he said was urgently needed and actually
agreed to work with Congress in order to get it out fast. That,
in itself, is a bit scary!

I also believe that investors that know Apple and Google (and
other similar companies) will not panic, but will take advantage
of the price cuts. A year from now these companies will report
profits for 2008, increased sales and increased cash positions -
even if their stock is in the pits.

Posted by: Ken_z   Posted on: 01/23/08 You are currently: a Guest | Members login | Terms of Use

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