Jim, it's that long term prospects look more solid.
I don't know if it will be earnings from enterprise, education, new products like P1, continuing iMac sales, G4 hooDoo, kewl software, something else insanely great from the reality distortion field, or just plain continued evedence of a financial turnaround (bean counter stuff.)
I expect it is all combined, and when analysts try to price the stock, they are looking forward in terms of years, in addition to quarters.
If the share price is the expected future value of the earnings, then expecting the earnings to be coming for many years out increases the value. So I read a book last weekend- "the Gorilla Game." Good book, got it for $4.95 hardcover at the neighborhood Borders.
As McCoy said once: "He's not dead, Jim"
So NOW we get upgrades? Where was Robby Stevens at $44 1/2?
I think I'll just hold a while and see if anything insane develops here!
WebDrone
(any thoughts about Psion and Apple?) |
