I'm getting a lot more bullish on Apple here around $100-$120. Apple could struggle around these levels until iphone 2.0 is released this summer. I'm looking at establishing a position before that time. Many people are just waiting for the second generation of the iphone before jumping. Macbook air may not be revolutionary, but it will add to the bottom line. I bet they have a huge margin on that one. The biggest caution sign is the topping off of ipod sales.