Apple Stocks hit 52-week high

Discussion in 'Current Events' started by ddbean, Mar 5, 2004.

  1. macrumors regular

    Joined:
    Sep 17, 2003
    Location:
    Thousand Oaks, CA
    #1
    http://finance.yahoo.com/mp#aapl

    Relative Strength -- Apple Computer resumes advance highlighted yesterday (AAPL) 26.90 +1.74: As we noted 15 minutes before the close yesterday, AAPL was making new highs into the close on strong volume. The price strength is continuing this morning, carrying stock to a new 52-wk high in a down market.
     
  2. macrumors 6502a

    mj_1903

    Joined:
    Feb 3, 2003
    Location:
    Sydney, Australia
    #2
    10:10AM AAPL strength attributed to revival of Sony buyout rumor 27.01 +1.85: Also hearing that co seen as a play on strong bond prices today, with one contact calling company a bank with a music and computer division.

    Uh oh?
     
  3. macrumors 65816

    Dippo

    Joined:
    Sep 27, 2003
    Location:
    Charlotte, NC
    #3
    I knew I shouldn't have sold my stock at $21 !!!!

    I guess I deserve it...
     
  4. thread starter macrumors regular

    Joined:
    Sep 17, 2003
    Location:
    Thousand Oaks, CA
    #4
    Not sure about the Sony rumors, but I'm guessing the "calling company a bank with a music and computer division." is related to their large cash reserves???
     
  5. macrumors 65816

    Dippo

    Joined:
    Sep 27, 2003
    Location:
    Charlotte, NC
    #5

    Sony Buyout Rumors????

    This is the first that I have heard of this...this can't be Sony buying Apple, cause we all know that Steve would never allow that to happen!
     

Share This Page