Apple Inc. Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Apple Inc.

AAPL 262.22

-1.9%

Jan 6 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Dave who wrote (33203)	4/22/2002 11:40:03 PM
From: jonkai	of 213180

But out of old-fashioned gamblers' pride, I want to buy AAPL at less than $18.90. What's the concensus here; will AAPL ever sell for under $19 again or not? Why or why not? apple could easily double it's earnings estimates this quarter, that annualized is still only .88 cents..... times a growth factor of 15 is $13.2 + $11 cash per share is about $24..... this is what people are expecting and why it is trading at this range..... (not going to go into the debt they are racking up for you shareholders in ESO's) i doubt now that it will get below even $20 this quarter, but next quarter those earnings should drop back down to .11 cents a quarter, unless apple comes out with another loved product, which they very well could...... then you are sh*t out of luck for a long time to come...... however buying at this price is paying full value (for current conditions), and there is no excuse for that if you want to buy at below value to make money.... so you can't buy now either...... you are stuck...... course all of this could change if there is some unusual news out.... but that isn't a very good bet either...... jon.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next