For the portfolios we manage. We are, instead, putting on a one by two trade right here approximately at the 115 level in the stock. Thats what we started to do yesterday. We thought that the stock has still more room to run. Weve only heard what weve heard, of course, from sprint and t mobile. Apple isnt going to tell us anything for quite a while, and i think well hear more from at t and verizon. I think its all going to be good news. Everybody on the desk likes the stock. Do you think this move is justified . Sort of in the velocity of it . Yeah, i do. I think it was also very underowned. I went and looked at the weightings of apple in the s p 500. 3. 4 . I would venture to guess that many Portfolio Managers under underweight. You could have been underweight for most of the year, right . It it was the right call. For them just to get to market weight in this position i think thats what you are seeing here, and in addition, we are getting Interesting Data points. Less bad. Maybe even
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