The Prince is in at an average over $19. And he has never contented himself with small percentage gains. This is a guy who is looking for double/triple or more.
-->> From the takeover point of view, if Ellison or SUNW is going to make a bid, I don't believe it will be more than $23 a share. It is also very remote that an Arabian prince will try to take over this company, may I remind you that if the prince bought AAPL at a low enough price, he already make his 10%, may be it is enough for him, who knows. <<--
AAPL today looks worse on its Balance Sheet, but better in terms of its product line, new OS, Java integration, PPC speeds, Pentium emulation, etc. The value based on earnings potential is much higher than it was 15 months ago. I would guess that it will take $28-32 to buy AAPL.
Good luck to all -- David |
