If Cook can cut the deals with the large financial institutions, some large ISP's, and, later, some large retail outlets, he won't need a huge sales force. His clients will provide the sales force he needs - not completely, but enough to get it going nicely.
He will need some marketing dollars, which they have, and which I think will be where a lot of cash is directed later this year and especially next year.
As Cook said very directly on the tour, if there are not any major announcements by the end of the year, sell the stock. I tend to think the announcements will start coming sooner than later, but what do I know. Mr Yahnkee, who has been on this thread longer than anyone and who surely has made a ton of money on this stock by anticipating this rise, also seems to think that the game is far from over (instead, it seems, just beginning).
Take your points to the downside, as I think we might drift lower in the near future, but I would not want to be short the day something big is announced. Cook is too smart, and too conservative in nature, to have built this infrastructure without having an ace or two up his sleeve.
Not betting the entire farm on this one, but am long enough to make a difference. Definitely not losing sleep over a few points here and there. In fact, hoping the shorts can extend way out and drop this baby back to the mid 30's before the day of reckoning. Still don't believe the holders of big chuncks of this stock have sold - but then again, what do they know? |
