"However, objectively speaking Apple was one of the most overvalued stocks in the U.S., already when it was trading at $15. At $24 it is a joke."
You call that 'objective'?! Anyway, this yelling back and forth is getting no one anywhere. I suspect that the reason we get all of the high tempers in here is because the people who post to this list represent two really different mindsets. Mac users (and I count myself as a member of that group) tend to lean a little bit more toward the...well, artistic disposition, while the other group is really, really concerned with this company's fundamentals and its ability to make money. Not that these two are mutually exclusive, of course, but I'm a lot closer in personality type to Steve Jobs than I am Louis Rukeyser (but I love Lou).
It's great to see Apple folks hanging in there and defending a product they believe in, for whatever reason. If I believe a stock is worth $24 and the stock is currently priced at $24, who's to say $24 is "a joke?" I appreciate all the comments made to this group (with the exception of the personal attacks), but let's let a dog have its day, huh fellas?
Go Apple.
Mark |
