Exactly. When most of the industry is performing at a reasonably flat level and Apple is soaring, you'll need more than the buzz of the iPod+iTunes to maintain bottom line wealth in the company.emw said:Although I question some of his statements, in general I would agree with his assessment of Apple's stock valuation.
Did you read the counter argument?emw said:Although I question some of his statements, in general I would agree with his assessment of Apple's stock valuation.
I'd tend to agree although I'm betting that Apple will hit a target price of 44.00 before falling. Furthermore, I think it will level off around a respectable 30 - 36, which is far more than what it was trading at earlier this year when good analysts, including those at the Foolwho are a great group of analysts, this jerk notwithstandingwere saying the company was undervalued.Timelessblur said:Well as a general rule when one compainy stock is massicly out passing the rest of the industy it general should raise a red flag. You have to question how much of that stock price is built up around the hype. (Ipod new iMacs ect) There is a lot of hype going on about apple right now and it has to die down some. When you are around a hi general means it is a very poor time to buy and it should be droping. I would say I expect it to have a minor crash and leval off closer to how the rest of the technologic industy is doing. Apple has a lot of red flags about it stock prices right now.
And of course, as Edwards pointed out the next day, they had met several times before and spoken at length. Most recently, one day before the debate!e-coli said:Ouch.
"Senator, the first time I met you is when you walked on the stage this evening."
That article is fantastic - the Fool vs. Fool debate is quite entertaining....pourhadi said:
ha!OK, take less of the valium, because that's just whacked. Windows better at color management? Windows being better at plug and play? In other news, black is white, the world is flat, and life began on in the asteroid belt.