Well Paul, Apple is in the teens, it closed Friday @ $19.50 The people that make money on Wall Street, buy on "bad news" i.e., buy low, when everyone is running scared and selling - they sell on "good news" when everyone else is buying. Average Joe a.k.a. Johnny Come-Lately.
You don't have to go any further than IBM for the perfect example. IBM stock went to less than 1/2, do you remember all the scrambling they did to get things turned around. I can remember the stock holders trying to sell, not buy. Main frames were the albatross that was going to drag them to the bottom and put them out of business. Well, there has been a lot of articles written about how difficult it is for a large company to go under and Apple is a very large company. I feel Apple is approaching the beginning of their turn-around.
I am interested, when you say "Everyone around here still uses them and is buying them," where are you referring to?
I'll tell you something, even if I knew Apple was going to go busted, I'd buy the latest/last Mac PowerBook and nurse it as long as I could. It would still be better than anything else going. Macintosh has been my trump card in business since 1986 and I have loved the advantage. I don't want and never have wanted Apple to be the major computer and loss my advantage. I never minded paying more for the best. The adage, "you get what you pay for," is true. |
