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Firm sets whopping $205 price target on Apple shares - Page 2

post #41 of 108
Quote:
Originally Posted by backtomac View Post

45 million iPhones in 09 seems very optimistic.

I can't see it happening without 1 or 2 more iPhone models.

Still Munster is a respected Apple analyst.


For gawd's sake ! The man is named after a cheese.
---gooddog

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post #42 of 108
Quote:
Originally Posted by gooddog View Post

For gawd's sake ! The man is named after a cheese.

A very POPULAR cheese.
post #43 of 108
Looking at this statement it appears to be basing everything on the success of the iPhone. But isn't there a new operating system Leopard coming? Isn't there rumor of a new iMac coming? How about AppleTV, there will undoubtedly going to be HD rentals available soon. Not to mention 50% growth per year in online digital music downloads. These are the reasons that Apple Inc. stock more than doubles every year (up 1,000% in five years).

Wednesday will be interesting...
post #44 of 108
Quote:
Originally Posted by ajhill View Post

Looking at this statement it appears to be basing everything on the success of the iPhone. But isn't there a new operating system Leopard coming? Isn't there rumor of a new iMac coming? How about AppleTV, there will undoubtedly going to be HD rentals available soon. Not to mention 50% growth per year in online digital music downloads. These are the reasons that Apple Inc. stock more than doubles every year (up 1,000% in five years).

Wednesday will be interesting...

It doesn't say it's all based on the iPhone. But, the iPhone is a new catagory, and as such, it's thought that it will ramp up quickly. Plus the givebacks from ATT.

He also mentions the other lines from Apple, and how the other sales will be positively affected by a successful iPhone product line (except for the iPods, which will likely see a loss of momentum.
post #45 of 108
Quote:
Originally Posted by melgross View Post

Sure. It's moving now. I has some vague feelings about a Sprint deal, but couldn't pin it down.

Too bad the market dropped so far today, or it could have ended at $34.

Mel, have you looked at http://caps.fool.com/ ? It's a nice way to pick up some ideas on new investment opps.

Also, do you have any opinions about RRI (Reliant Energy), GSF (GlobalSantaFe), GRMN (Garmin) or any other stocks that look interesting at this point?

Thanks again, mel!

Proud AAPL stock owner.

 

GOA

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Proud AAPL stock owner.

 

GOA

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post #46 of 108
Quote:
Originally Posted by SpamSandwich View Post

Mel, have you looked at http://caps.fool.com/ ? It's a nice way to pick up some ideas on new investment opps.

Also, do you have any opinions about RRI (Reliant Energy), GSF (GlobalSantaFe), GRMN (Garmin) or any other stocks that look interesting at this point?

Thanks again, mel!

I'm a member of the Fool's site. Interesting arguments we get into there as well.

The reason why I've done so well over the years is that I stick to what I know well.

That is, computers, electronics, and communications. Mostly involving computers.

I don't have the same familiarity with other industries.

I'm always wary of others advice, including that of my own friend and broker.
post #47 of 108
Quote:
Originally Posted by melgross View Post

A very POPULAR cheese.

Isn't it a misspelled cheese too?
post #48 of 108
I cant believe how short sighted some of you are. Apple have just opened up a whole new area of business. Mobile phones. Do you realize how big the industry is? Apple have an opportunity to be the next Nokia Mkt Cap 120 bil, not only could sell as many mobiles phones out as nokia, they will be able to capitalize and make money from services better than any of the mobile manufacturers currenly out there can.

Why the hell does 205 sound outlandish?

Oh well, I'm not selling my AAPL thats for sure
post #49 of 108
Not to mention all the other things up their sleeve. Apple are poised to become VERY big indeed. Infact I honestly think they will overtake MSFT, as I have aid for many years, because in the future what can be given away for free WILL be given away for free.
And apple are one the few companies to take advantage.
post #50 of 108
Quote:
Originally Posted by monstrosity View Post

Not to mention all the other things up their sleeve. Apple are poised to become VERY big indeed. Infact I honestly think they will overtake MSFT....

Hmm... not in our lifetimes. Microsoft could bleed money for decades and not even feel it.

A combination Google+Apple could possibly do the trick.

Proud AAPL stock owner.

 

GOA

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Proud AAPL stock owner.

 

GOA

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post #51 of 108
[QUOTE]
Quote:
Originally Posted by melgross View Post

I'm a member of the Fool's site. Interesting arguments we get into there as well.

The reason why I've done so well over the years is that I stick to what I know well.

That is, computers, electronics, and communications. Mostly involving computers.

I don't have the same familiarity with other industries.

I'd like to know how (and if) you rate on the Best Stock Pickers rankings...

Quote:
I'm always wary of others advice, including that of my own friend and broker.

That has proven true for me as well, numerous times.

Proud AAPL stock owner.

 

GOA

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Proud AAPL stock owner.

 

GOA

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post #52 of 108
Quote:
Originally Posted by JeffDM View Post

Isn't it a misspelled cheese too?

I wouldn't know. I can't spell.
post #53 of 108
[QUOTE=SpamSandwich;1115025]
Quote:

I'd like to know how (and if) you rate on the Best Stock Pickers rankings...

I don't get involved with it. I don't even like to look at it. I don't want it to unconsciously influence my own decisions.

Quote:
That has proven true for me as well, numerous times.

That's why I said the above.
post #54 of 108
[QUOTE=melgross;1115027]
Quote:
Originally Posted by SpamSandwich View Post


I don't get involved with it. I don't even like to look at it. I don't want it to unconsciously influence my own decisions.



That's why I said the above.

Are there any stocks you're looking at now?

Proud AAPL stock owner.

 

GOA

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Proud AAPL stock owner.

 

GOA

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post #55 of 108
Quote:
Originally Posted by SpamSandwich View Post

Hmm... not in our lifetimes. Microsoft could bleed money for decades and not even feel it.

A combination Google+Apple could possibly do the trick.

At the rate of AAPL growth, if sustained (and I see no reason for it to not continue, infact I would guess on accelerating even more) , 3 or 4 years should do it. I then expect them to have...

Very large slice of a more mature (and profitable) music & movie downloads and rentals business.
Massively increased Mac userbase (knocking on the 10% mark).
Wildly successful mobile phone business (This alone will push them over MSFT Market Value).

Apple will eventualy move into gaming.
High resolution OLED iBooks for reading virtual books sold through itunes (hence the name change to Macbook recently)!
OK I'm starting to speculate now, but I will be surprised if im wrong.
post #56 of 108
I also dont see Apple in the long run working with google, short term yes, but I see Apple putting together a net strategy of their own. Starting a social networking mechanism of sorts wouldnt be a bad idea, they could use data from Address book, not to mention the bazillion ipods and iphones that already do the rounds as starting blocks with peoples info already on them.
I then expect the mobile will eventually become your wallet, and Apple to be at the forefront of that movement with their local network technologies...

Anyway, thats my prediction, and the way I would go if I was Jobs.
Must not forget Apple brand TV's, HiFis.
So much room to grow its silly, and no-one is positioned better than Apple to take advantage of the world of the future, I see them being a VERY dominent player. But they need to get a grip on the web before a company like facebook appears out the blue and snaches it away from them.
post #57 of 108
Quote:
Originally Posted by melgross View Post

It doesn't say it's all based on the iPhone. But, the iPhone is a new catagory, and as such, it's thought that it will ramp up quickly. Plus the givebacks from ATT.

He also mentions the other lines from Apple, and how the other sales will be positively affected by a successful iPhone product line (except for the iPods, which will likely see a loss of momentum.

Will the iPod actually see a loss of momentum? If it has a screen like the iPhone and is based on OS X, I only see that as an upside and the numbers will increase.

I think that the iPod will be a strong runner for Apple for years to come. Think of it, along with AppleTV, the iPhone, and the Mac along with the word convergence, and I think the iPod is around for a long, long time.
post #58 of 108
Apple is doing well, and $205 isn't that far from where we are, assuming the rest of the market remains reasonable. In fact, it could be at $300 within two or three years.

But a market meltdown is far from impossible.

The other risk is that this is a one-man show. Jobs seems healthy and with no plans to retire or do an exit to philanthropy. But recall that in his interview with bill, he said at one point that there is more history behind them than in front of them. What is he thinking?

Even with Jobs sticking around forever, over the longer haul I'd like to see Apple stronger internationally, especially in Asia. Apple is weak outside the US/Canada and Europe, and too expensive for Latin America. Right now they are too US-centric and that shows in the product line in some ways. There is disregard for the low Mac end, for instance, or ultraportable executive notebooks (though supposedly this is coming). In Japan space is scarce, and there should be something besides the large Mac Pro's in the high end.

And all this growth makes Apple a different beast to manage. Growth has been organic and product lines are intelligently compact and manageable, but additions will continue and eventually this adds layers and can slow things down. How much can Apple scale and still be Apple?

Anyway, for those holding stock who don't need cash, the best bet is to keep it. But I'm not sure I'd buy. Not because I think it won't go up, but because percentage wise it has to go up a lot to match recent performance. If you bought at 19 or 30 or 40, you were buying an undervalued company. Today this is no longer so.
post #59 of 108
Quote:
Originally Posted by Alonso Perez View Post

Even with Jobs sticking around forever, over the longer haul I'd like to see Apple stronger internationally, especially in Asia. Apple is weak outside the US/Canada and Europe, and too expensive for Latin America. Right now they are too US-centric and that shows in the product line in some ways. There is disregard for the low Mac end, for instance, or ultraportable executive notebooks (though supposedly this is coming). In Japan space is scarce, and there should be something besides the large Mac Pro's in the high end.

I'm not that concerned if Apple can't find a foothold in Japan (perhaps they will with the iPhone), but getting in on China's growth will be essential for the long-long-term health and survivability of Apple. China's lower class will move toward their middle class, and the middle and upper class are exploding right now.

Proud AAPL stock owner.

 

GOA

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Proud AAPL stock owner.

 

GOA

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post #60 of 108
Quote:
Originally Posted by solipsism View Post

1) Welcome to AI forums.

2) MS got lucky and they wre smart enough to know that a well-known company liek IBM would be a smart move.

From Wikipedia about Gary Kildall's CP/M. IBM's first choice for an OS.

"IBM approached Digital Research in 1980, at Bill Gates's suggestion, to license a version of CP/M called CP/M-86 for its upcoming IBM PC. ... Before explaining the purpose of their visit they insisted that DRI accept a standard non-disclosure agreement that required it not to reveal anything about the meeting and allowed IBM unfettered use of any information that DRI might disclose. On the advice of DRI attorney Gerry Davis, Dorothy refused to sign the agreement without Gary's approval."

DOS was based on CP/M and MS didn't own it or had ever used it before agreeing to sell it to IBM. A bold move, IMO. They certainly seized the moment.

Keep in mind that IBM had projected that there would be a maximum lifetime market for the PC at 275,000 units over 5 years. They had orders for almost that many the first week the PC was available for ordering. They just didn't see it as a longterm nor a large investment in relation to their main focus which was the mainframe data center. Also the only reason IBM even considered microsoft was because gate's aunt worked for IBM. Even so IBM's lawyers were idiots to give microsoft the rights to all future OEM sales. You have to give gate's credit for having the vision to see that there was a market for personal computers, when IBM saw no real future in it.


Mark
post #61 of 108
205 $ is a no brainer with the available information to date. But every lil' bit of new crumbs they throw at us birds will just raise that figure higher and higher. The most important overlooked center of Apple is 'innovation', that comrades.....is your money maker. Everything else is really meaningless in the equation. Ipods, imacs, iphones, icars, ihomes, itv sets, ibanks, ivacations, ikitchens and appliances,iremote controls ,idollar,etc,......One day they will be ten times MSFT's market cap. Everyone speaks of the 'Halo effect', well what about the 'goldenfinger' effect. With their aesthetically pleasing & minimalist, but high tech approach to any new market out there (and there are plenty new games we can enter & soon dominate out there), the sky is the limit. Today there is too much new technology drowning us in confusion, Apple is our savior sent to us from tech heaven, here to turn the many into ONE. Simple devices. With lots of horsepower and behind the scenes tech. Planet Apple!!! Apple's got the golden touch. The Apple is the mark of the new beast, anything that stands in its way will get slaughtered. Steve and his creative DaVinci team just have to sit down and look at an old market and think of how to recreate its new future.
Think about it. Do you really think they aren't working on things we haven't even fathomed yet. An icar for instance, for all we know its been in the works for 2 years now. Chances are if you can think it, they've already thought about it. I really believe Apple is choosing the right passages in this complex maze. Steve can smell the cheese. Its almost magical to watch. You are watching history in the making. A national treasure that will probably never be repeated again.
-Maybe Man did eat from the forbiden fruit of knowledge, but AAPL is certainly going forward, by simply throwing out the useless old trash & marrying what's left. Wash the World. Less is MUCH MORE.
even though we're not number one in pc sales we will one day soon. Its probably best for now to be behind in these times....after all... IT'S THE 2nd MOUSE THAT GETS THE CHEESE!
post #62 of 108
Quote:
Originally Posted by floribus View Post

205 $ is a no brainer with the available information to date. But every lil' bit of new crumbs they throw at us birds will just raise that figure higher and higher. The most important overlooked center of Apple is 'innovation', that comrades.....is your money maker. Everything else is really meaningless in the equation. Ipods, imacs, iphones, icars, ihomes, itv sets, ibanks, ivacations, ikitchens and appliances,iremote controls ,idollar,etc,......One day they will be ten times MSFT's market cap. Everyone speaks of the 'Halo effect', well what about the 'goldenfinger' effect. With their aesthetically pleasing & minimalist, but high tech approach to any new market out there (and there are plenty new games we can enter & soon dominate out there), the sky is the limit. Today there is too much new technology drowning us in confusion, Apple is our savior sent to us from tech heaven, here to turn the many into ONE. Simple devices. With lots of horsepower and behind the scenes tech. Planet Apple!!! Apple's got the golden touch. The Apple is the mark of the new beast, anything that stands in its way will get slaughtered. Steve and his creative DaVinci team just have to sit down and look at an old market and think of how to recreate its new future.
Think about it. Do you really think they aren't working on things we haven't even fathomed yet. An icar for instance, for all we know its been in the works for 2 years now. Chances are if you can think it, they've already thought about it. I really believe Apple is choosing the right passages in this complex maze. Steve can smell the cheese. Its almost magical to watch. You are watching history in the making. A national treasure that will probably never be repeated again.
-Maybe Man did eat from the forbiden fruit of knowledge, but AAPL is certainly going forward, by simply throwing out the useless old trash & marrying what's left. Wash the World. Less is MUCH MORE.
even though we're not number one in pc sales we will one day soon. Its probably best for now to be behind in these times....after all... IT'S THE 2nd MOUSE THAT GETS THE CHEESE!

This is how your post turned out after you edited it?
post #63 of 108
[QUOTE=SpamSandwich;1115048]
Quote:
Originally Posted by melgross View Post


Are there any stocks you're looking at now?

Nothing I would buy at this time. The market is about to bounce around. Things are too unpredictable when that happens.

If I do decide about something, I'll say so, if it's of interest.
post #64 of 108
Quote:
Originally Posted by melgross View Post

Nothing I would buy at this time. The market is about to bounce around. Things are too unpredictable when that happens.

What is the reasoning for this fluctuation? I plan to put my bulk into Apple on Monday afternoon and then wait out several weeks to see if any new products/updates are released that will help the value. After that, I plan to buy back into Clearwire again. Hopefully right before the the next partnership is announced.
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post #65 of 108
Quote:
Originally Posted by GregoriusM View Post

Will the iPod actually see a loss of momentum? If it has a screen like the iPhone and is based on OS X, I only see that as an upside and the numbers will increase.

I think that the iPod will be a strong runner for Apple for years to come. Think of it, along with AppleTV, the iPhone, and the Mac along with the word convergence, and I think the iPod is around for a long, long time.

We can only go by what we know. The analysts are in the same boat. If they make wild guesses, they can be stuck, unless they are lucky. We don't have millions riding on what we say, so we can be freer.

I'm a bit conservative, so sometimes I get into trouble here with those who only want to think majorly good thoughts.

If, and when we see an iPod based on OS X, with a large hi-rez screen, coverflow, WiFi, etc, then things will be different. But, until we do see them we can't say.

Right now, the 5G's are eclipsed by the iPhone. Yes, I know the argument that there isn't enough storage. But, few people who buy a 5G use much of it. I can see a large number wanting to buy the next bragging rights device instead—the iPhone.

Jobs has acknowledged this, so it's not an odd thought.

You can bet that a large part of the thinking at Apple was just how much the phones would cannibalize the iPods, not whether.

But, if you can get 100 thousand people buying a 5 or 6 hundred dollar device instead of a $350 device, then you're in manufacturers heaven. If the tales about the kickbacks, er, fees, are true, then you can bet Apple wants people to buy phones instead of iPods!
post #66 of 108
Quote:
Originally Posted by Mark Dodel View Post

Keep in mind that IBM had projected that there would be a maximum lifetime market for the PC at 275,000 units over 5 years. They had orders for almost that many the first week the PC was available for ordering. They just didn't see it as a longterm nor a large investment in relation to their main focus which was the mainframe data center. Also the only reason IBM even considered microsoft was because gate's aunt worked for IBM. Even so IBM's lawyers were idiots to give microsoft the rights to all future OEM sales. You have to give gate's credit for having the vision to see that there was a market for personal computers, when IBM saw no real future in it.


Mark

It wasn't IBM's lawyers that gave MS that. The president of IBM small systems division which was doing the PC was the person responsible for that. He said, in a book about it, that they never saw where MS could sell the OS. IBM had the BIOS wrapped up tight with copyrights and patents. They didn't patent the bus though, which was a big mistake.

Until Phoenix reverse engineered it, the clone market didn't really take off.
post #67 of 108
Quote:
Originally Posted by solipsism View Post

What is the reasoning for this fluctuation? I plan to put my bulk into Apple on Monday afternoon and then wait out several weeks to see if any new products/updates are released that will help the value. After that, I plan to buy back into Clearwire again. Hopefully right before the the next partnership is announced.

Housing sales, interest rates, inflation, the fight over Iraq that's heating up now, the other fight over executive privilege, etc.
post #68 of 108
what do you expect? AAPL is the sh**! Plain & simple. I'm up 2000% in three months.
post #69 of 108
Quote:
Originally Posted by floribus View Post

what do you expect? AAPL is the sh**! Plain & simple. I'm up 2000% in three months.

How did you manage that? I can't imagine even *perfect* sell high/buy low trading to yield more than a couple hundred percent in that time.
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post #70 of 108
Quote:
Originally Posted by solipsism View Post

How did you manage that? I can't imagine even *perfect* sell high/buy low trading to yield more than a couple hundred percent in that time.

Out of the money option contracts that expire in within the next month. In the middle of last week for example, I sold (closed) my july 120 calls and purchased the AUG 160,165 calls. After earnings if AAPL were to peak toward 150 the value of my contracts would be up about 200%.
I know its risky, but I sort of swing trade as I would actually owning the stock, but use options instead. I never even mess with options unless I'm 100% certain the underlying stock is going up.
Then when it reaches 150 something I'll buy puts, even if AAPL goes down 2%, at least I'll make another 20%. Then back to the calls. It took me weeks to trully understand options. And it is the most important money making lesson I've ever learned. I look back at all the $$$ I've been missing out on in the past. I'm going to buy an iphone this week, I feel like I owe it to AAPL
post #71 of 108
I hope Mr. Jobs remains healthy.
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post #72 of 108
I also bought AAPL at 30 and sold all at 91. Re-bought it at 87 and sold again at 101.Re-bought it at 104,107, then borrowed money to buy at 110,margined all my stock to buy more at 115,and each time my portfolio made money i margined more ,at 117, 125, 133,138 and on monday i'll try to buy more at 139,,so all you non- Steve Jobs believers please sell and bring it down a little.I have watched every video, movie,, interview, conference call etc. that can be found .I have conclude that Steve Jobs is nuts. Thank God for crazy people.He is a great kind of nuts . I took all my retirement funds, mortgaged my house ,,got loans on credit cards and retired last December with 1.3 million that is now 2.2 million. This 143 dollar company will report blow away earnings and be 160 by next week on Friday,, 250 easy by Halloween. Apple decided it was going to lose the war against Microsoft. So it launched a secret program to pretend to become a partner. Then it would it would launch a program to serve the world better designed products that make the whole game change . They will become so big that Microsoft begs them to buy them out once they and RIMM and PALM are one-tenth their present size in 5 years and AAPL is 10,000 a share. I'll probably sell most of the shares at 400 around 12/08 that are margined then but Jobs has to die or lose his magical ability to pick people and ideas that are far better than others for me believe AAPL is going way down . Thank God we lost Bill Gates. He manages a Trust fund for charity from all the hard work he did stealing.
post #73 of 108
I also bought AAPL at 30 and sold all at 91. Re-bought it at 87 and sold again at 101.Re-bought it at 104,107, then borrowed money to buy at 110,margined all my stock to buy more at 115,and each time my portfolio made money i margined more ,at 117, 125, 133,138 and on monday i'll try to buy more at 139,,so all you non- Steve Jobs believers please sell and bring it down a little.I have watched every video, movie,, interview, conference call etc. that can be found .I have conclude that Steve Jobs is nuts. Thank God for crazy people.He is a great kind of nuts . I took all my retirement funds, mortgaged my house ,,got loans on credit cards and retired last December with 1.3 million that is now 2.2 million. This 143 dollar company will report blow away earnings and be 160 by next week on Friday,, 250 easy by Halloween. Apple decided it was going to lose the war against Microsoft. So it launched a secret program to pretend to become a partner. Then it would it would launch a program to serve the world better designed products that make the whole game change . They will become so big that Microsoft begs them to buy them out once they and RIMM and PALM are one-tenth their present size in 5 years and AAPL is 10,000 a share. I'll probably sell most of the shares at 400 around 12/08 that are margined, but Jobs has to die or lose his magical ability to pick people and ideas that are far better than all others before AAPL is going down a lot . Thank God we lost Bill Gates. He manages a Trust fund for charity from all the hard work he did stealing.
post #74 of 108
Quote:
Originally Posted by drjjones View Post

I also bought AAPL at 30 and sold all at 91. Re-bought it at 87 and sold again at 101.Re-bought it at 104,107, then borrowed money to buy at 110,margined all my stock to buy more at 115,and each time my portfolio made money i margined more ,at 117, 125, 133,138 and on monday i'll try to buy more at 139,,so all you non- Steve Jobs believers please sell and bring it down a little.I have watched every video, movie,, interview, conference call etc. that can be found .I have conclude that Steve Jobs is nuts. Thank God for crazy people.He is a great kind of nuts . I took all my retirement funds, mortgaged my house ,,got loans on credit cards and retired last December with 1.3 million that is now 2.2 million. This 143 dollar company will report blow away earnings and be 160 by next week on Friday,, 250 easy by Halloween. Apple decided it was going to lose the war against Microsoft. So it launched a secret program to pretend to become a partner. Then it would it would launch a program to serve the world better designed products that make the whole game change . They will become so big that Microsoft begs them to buy them out once they and RIMM and PALM are one-tenth their present size in 5 years and AAPL is 10,000 a share. I'll probably sell most of the shares at 400 around 12/08 that are margined, but Jobs has to die or lose his magical ability to pick people and ideas that are far better than all others before AAPL is going down a lot . Thank God we lost Bill Gates. He manages a Trust fund for charity from all the hard work he did stealing.

Speaking about nuts! Apple has lot lot going for it and the stock price reflects that. Mr. Jobs is very smart and can market like no one else. Mac OS is the ace in the hole AND HAS BEEN FOR A DECADE, but the inferior Windows OS still dominates. It's time for a reality check.
The best products are sometimes not the most popular. What happened to Beta Max? There are a lot of smart companies making competing product. Sony has a new living room PC that looks like a round mini and and performs like a SonyTV. Apple's edge is the OS, but that doesn't mean it will dominate. With this run up, I think we are getting to the point of "greater fool". Even you seem to need a small drop to buy more. Sometimes you need to know when to walk away from the table or at least pull out your investment.
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post #75 of 108
Quote:
Originally Posted by drjjones View Post

I also bought AAPL at 30 and sold all at 91. Re-bought it at 87 and sold again at 101.Re-bought it at 104,107, then borrowed money to buy at 110,margined all my stock to buy more at 115,and each time my portfolio made money i margined more ,at 117, 125, 133,138 and on monday i'll try to buy more at 139,,so all you non- Steve Jobs believers please sell and bring it down a little.I have watched every video, movie,, interview, conference call etc. that can be found .I have conclude that Steve Jobs is nuts. Thank God for crazy people.He is a great kind of nuts . I took all my retirement funds, mortgaged my house ,,got loans on credit cards and retired last December with 1.3 million that is now 2.2 million. This 143 dollar company will report blow away earnings and be 160 by next week on Friday,, 250 easy by Halloween. Apple decided it was going to lose the war against Microsoft. So it launched a secret program to pretend to become a partner. Then it would it would launch a program to serve the world better designed products that make the whole game change . They will become so big that Microsoft begs them to buy them out once they and RIMM and PALM are one-tenth their present size in 5 years and AAPL is 10,000 a share. I'll probably sell most of the shares at 400 around 12/08 that are margined then but Jobs has to die or lose his magical ability to pick people and ideas that are far better than others for me believe AAPL is going way down . Thank God we lost Bill Gates. He manages a Trust fund for charity from all the hard work he did stealing.

I hope the stock doesn't dip for you, as it will at some point. Then you will lose more than you made, scrambling to pay all of those margin calls.
post #76 of 108
Stock has to go to 100 or less as most was bought at 107 and 110. 33 percent is the trigger for the cash account on margin. That is about one fifth of the account leveraged at 50 percent. 2 other ira accounts make up four fifths of the account and the are non leveraged . So not all is leveraged. But back in 1984 I invested in MSFT and in 1998 i invested in YHOO and made quite a little pile. AAPL will grow so quickly it will even surprise Steve Jobs . The house was mortgaged and money was borrowed when AAPL was 30. The credit cards are at 3 percent and mortgage is 6 percent fixed for 30 years payoffable in 3 years .
post #77 of 108
Quote:
Originally Posted by drjjones View Post

Stock has to go to 100 or less as most was bought at 107 and 110. 33 percent is the trigger for the cash account on margin. That is about one fifth of the account leveraged at 50 percent. 2 other ira accounts make up four fifths of the account and the are non leveraged . So not all is leveraged. But back in 1984 I invested in MSFT and in 1998 i invested in YHOO and made quite a little pile. AAPL will grow so quickly it will even surprise Steve Jobs . The house was mortgaged and money was borrowed when AAPL was 30. The credit cards are at 3 percent and mortgage is 6 percent fixed for 30 years payoffable in 3 years .

The stock went from $86 to $51 not all that long ago. I'm hoping that you don't have to scramble to get out of your margin calls if that happens again.

I don't like doing all of that work you seem to enjoy. I bought the stock at $16.93, and haven sold since. With all of your costs, including a lot of taxes on non IRA accounts (some of mine is in my wifes', and my IRA's as well), I've probably done better.
post #78 of 108
Quote:
Originally Posted by melgross View Post

The stock went from $86 to $51 not all that long ago. I'm hoping that you don't have to scramble to get out of your margin calls if that happens again.

I don't like doing all of that work you seem to enjoy. I bought the stock at $16.93, and haven sold since. With all of your costs, including a lot of taxes on non IRA accounts (some of mine is in my wifes', and my IRA's as well), I've probably done better.

yes, buy and hold would have made me more. I rode it from 91 to 51 and back to 91 and sold at 91. I had held some other losses and took them against the gain when i sold both. So i paid 8 bucks a trade and no taxes and a 3000 dollar loss against my gains.
post #79 of 108
Quote:
Originally Posted by drjjones View Post

I also bought AAPL at 30 and sold all at 91. Re-bought it at 87 and sold again at 101.Re-bought it at 104,107, then borrowed money to buy at 110,margined all my stock to buy more at 115,and each time my portfolio made money i margined more ,at 117, 125, 133,138 and on monday i'll try to buy more at 139,,so all you non- Steve Jobs believers please sell and bring it down a little.I have watched every video, movie,, interview, conference call etc. that can be found .I have conclude that Steve Jobs is nuts. Thank God for crazy people.He is a great kind of nuts . I took all my retirement funds, mortgaged my house ,,got loans on credit cards and retired last December with 1.3 million that is now 2.2 million. This 143 dollar company will report blow away earnings and be 160 by next week on Friday,, 250 easy by Halloween. Apple decided it was going to lose the war against Microsoft. So it launched a secret program to pretend to become a partner. Then it would it would launch a program to serve the world better designed products that make the whole game change . They will become so big that Microsoft begs them to buy them out once they and RIMM and PALM are one-tenth their present size in 5 years and AAPL is 10,000 a share. I'll probably sell most of the shares at 400 around 12/08 that are margined then but Jobs has to die or lose his magical ability to pick people and ideas that are far better than others for me believe AAPL is going way down . Thank God we lost Bill Gates. He manages a Trust fund for charity from all the hard work he did stealing.

When amateur investors get this exuberant, it is a possible indicator of a top for a stock
or a broader market. Be a little cautious. Hedge somehow. Don't plunge all in.
Diversify. Don't fall in love with any stock. You might be cruisin' for a bruisin'.
post #80 of 108
Quote:
Originally Posted by quinney View Post

When amateur investors get this exuberant, it is a possible indicator of a top for a stock
or a broader market. Be a little cautious. Hedge somehow. Don't plunge all in.
Diversify. Don't fall in love with any stock. You might be cruisin' for a bruisin'.

It's also an indication of a bubble.
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