Stock Transaction: Just Dumped MS for Apple

Discussion in 'General Mac Discussion' started by pimentoLoaf, Jun 13, 2005.

  1. pimentoLoaf macrumors 68000

    pimentoLoaf

    Joined:
    Dec 30, 2001
    Location:
    The SimCity Deli
    #1
    Anyone else sell something else to buy into Apple?
     
  2. Cfly macrumors regular

    Joined:
    Dec 8, 2004
    #2
    apple is going to crash hard over the next year.
     
  3. numediaman macrumors 6502a

    Joined:
    Jan 5, 2004
    Location:
    Chicago (by way of SF)
    #3
    I would have agreed with you a few months ago -- Apple was grossly over valued. At around $36 I would say it is in a comfort zone -- assuming no major news (since the Intel news, that is). (Its 52 week low was $14 -- its 52 week high was $45.)

    Apple used to sink to below $12 and people would pronounce the company dead -- then it would go to $25. It must have done that a dozen times over the past ten years. Busting out to $45 was a surprise to me based on past performance.
     
  4. Brother Michael macrumors 6502a

    Brother Michael

    Joined:
    Apr 14, 2004
    #4
    Hey if goes low enough, I will play the game and buy as much as I can...Which won't be a lot but it would make me happy.

    Mike
     
  5. pimentoLoaf thread starter macrumors 68000

    pimentoLoaf

    Joined:
    Dec 30, 2001
    Location:
    The SimCity Deli
    #5
    Why would they?
     
  6. Tahko macrumors regular

    Joined:
    Jun 11, 2005
    Location:
    Finnland
    #6
    Intel macs = OS X on illegal hardware.
    Getting too comfortable with current innovations = falling from sled of progress
    Diminishing of iPod-phenomena & halo-effect (who here hasn't seen silhouette dancers on TV at least thrice?!)
    Increasing Longhorn hype
    Possible MS announcement of quitting MS Office for Apple


    I'd say sell Apple before this winter, buy more before winter 2006 (Longhorn hype maxed out) and sell again after some years (Longhorn noticed to be a sitting duck)
     
  7. IJ Reilly macrumors P6

    IJ Reilly

    Joined:
    Jul 16, 2002
    Location:
    Palookaville
    #7
    So you're selling short, right?
     

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