Apple Looks 'Compelling' Despite Risks

[MacBytes]

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Category: Opinion/Interviews
Link: Apple Looks 'Compelling' Despite Risks (http://www.macbytes.com/link.php?sid=20060618021726)
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Posted on MacBytes.com (http://www.macbytes.com)
Approved by Mudbug

[Copland]

I don't find anything risky about Apple's stock. They're going to keep releasing awesome products. If anything, I'd buy stock now, and sell it when Apple releases the PowerBook G5;) :D

Unless the Steve leaves, in which case I might run for a bomb shelter or something.

[swingerofbirch]

let's hope so,

me buying a new mac is literally contingent on apple's stock doing well

i bought 8 shares for 63.40 a piece on feb 10, 2006.

now apple is at 57.56. when i bought the stock there were analysts predicting the stock would go to 101! have they been fired? ;)

[MrCrowbar]

LOL. You shouldn't buy shares knowing the company is having a big transition within a year...

[swingerofbirch]

Well, on the one hand I shouldnt have invested it at all since everything's going to pot from what I hear about the stock market.

But on the other other hand, I likely would have wasted the money I invested if I hadn't invested it. Like on clothes, etc, so even though it's losing money, it is safe from my impulsive hands, for the only reason that I don't want to sell it till it bounces back and I at least break even.

[Arnaud]

when i bought the stock there were analysts predicting the stock would go to 101! have they been fired? ;)

No, you read wrong, they said the analysts would go to Economics 1.0.1. It was a new company, they had just hired a couple of teenagers to watch over the market... :D

Keep your shares anyway, you can sell them after Apple finally releases some pro-line machines with Intel chips, within a couple of weeks (June 26th?) or months. That should see a rise of the shares again - hopefully for you...