I bought aapl after it tanked for $22. It has been around $14-15 for the last few months. I bought some yesterday at around $14.50 thinking that there has to be some upside to the stock once they finally come out with new towers.
The last time I looked at the numbers, if all of the assets and cash were divvied up it would be worth more than the stock. I think.?.
More or less, but the operation doesn't make a profit until you count the interest it makes on the mountain of cash it has. As prevailing interest rates have fallen, so has the projected returns on the cash.
2003 is not seen as a big growth year so aapl is a play on what will happen 2004 or 2005.
Comments
-then-
it did the unthinkable and went EVEN lower...so i bouth MORE shares at 14.96
-my thinking-
if it goes back up, the lower shares will balance out the higher shares enough and i will perhaps still make some
i'm hoping with the 970 for professionals and 10.3, and other misc rumored apple stuff it will go up
generally, however, americans prefer to pay over MSRP when it comes to stock prices.
Originally posted by muah
The last time I looked at the numbers, if all of the assets and cash were divvied up it would be worth more than the stock. I think.?.
More or less, but the operation doesn't make a profit until you count the interest it makes on the mountain of cash it has. As prevailing interest rates have fallen, so has the projected returns on the cash.
2003 is not seen as a big growth year so aapl is a play on what will happen 2004 or 2005.