Who owned Apple shares in 2000?

[billyboy]

In looking through the stats I saw that in January 2000, AAPL shares were at $104, and in December, $17.

So, who here made a killing, who lost big time, and was it anything Apple did or released prior to January 2000 that drove the price so artificially high?

I am interested, because I am looking to buy a few shares in Apple, just to show willing. From what I can see, Apple is an innovative business with a solid client base and a few bucks in the bank, but apart from that one year, is a bit of a non event really on the stock market, which suits me. I think my money will probably be safe if I buy at the current price, ($14?), leave the shares alone and dont expect much of a return - see the massive 1% profit margin in the PDF.

Id rather leave the money with Apple than a bank. At least they can do something constructive with it, and if I ever need to get hold of the cash in the future, who knows, it might be in the middle of an economic miracle when their good philosophy and unconventional business plan defies all capitalist logic and pays off.

 

[billyboy]

Picture 3

 

[iJon]

good luck with the apple stock, apple's stock has proven to be pretty bad over the past years. and there is always someone on the thread who tells everyone to buy apple stock right before macworld, when it usually goes down. i show my loyality to apple buy buying their products, when it comes to money in the stock market there are better out there. but apple has a constant cash gain every year and there money in the back I dont think apple is going anywhere anytime soon, so they may be a good stock for the longrun. go ahead if you just want apple stock to say yea i got apple stock. but if you are wanting to get serious about some stock there are tons of other companies. even the financial experts give apples stock the thunbs down. we will see in the longrun, stocks are unpredictable.

iJon

 

[aethier]

I believe it to be the failure of the cube that drove there stock down...
(i may be wrong)

aetheir

 

[Vector]

I do not remember the dates that I bought apple shares, but I do know that I had some at around 50/share and in one day they went down 25 points. At first I thought they had split but after I looked at the change instead of the price I saw that they had indeed devaluated by about 50%. I bought more at around 13 which helped even out the price per share that I had payed.

 

[alset]

I had my mother buy me shares for my 19th birthday in October of 1999. I got shares for $17. I didn't sell them when they peaked. I let them split, as I figure I'm in this investment for the long hall.

Dan

 

[Grimace]

The Apple shares tanked along with everything else in the tech industry. The potential for the stock to rise is smaller than most companies because of the large cash holding. The potential to fall remains the same as everyone else.

 

[janey]

i'm happy with my 100 or so shares of apple.
yeah they were worth a lot more than $14-$20 several years ago but hey microsoft's doing worse

 

[billyboy]

Originally posted by übergeek
i'm happy with my 100 or so shares of apple.
yeah they were worth a lot more than $14-$20 several years ago but hey microsoft's doing worse

I was amazed at the difference between the profit margins of Apple and M$. 0.95% v 30+%. I wouldnt buy anything MS but obviously anyone who does, makes them a very big profit. It looks like MS is achieving the bottom line in business spectacularly well, whereas Apple are clearly following a completely different business philosophy and not making a fraction by comparison. Being a great believer in Small is Beautiful though I will be quite happy to have shares in Apple. And if they defy the odds and make a stash, I can use the profits to buy their latest greatest computer at the time.

 

[iJon]

Originally posted by übergeek
i'm happy with my 100 or so shares of apple.
yeah they were worth a lot more than $14-$20 several years ago but hey microsoft's doing worse

yeah really, with microsoft 10 more dollars per share, microsoft just paid dividends. microsoft is a better stock than apple by a ways. what makes your think apple is doing better than apple in the market?

iJon

 

[janey]

Originally posted by iJon
yeah really, with microsoft 10 more dollars per share, microsoft just paid dividends. microsoft is a better stock than apple by a ways. what makes your think apple is doing better than apple in the market?

iJon

fine. sheesh
i also have shares in microsoft too...