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Technology Stocks : Apple Inc.
AAPL 273.25-0.2%Dec 26 3:59 PM EST

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To: Done, gone. who wrote (45075)6/7/2005 12:25:42 PM
From: HerbVic  Read Replies (1) of 213177
 
Well, clearly sales will continue. It is just that some would-be-buyers will abstain for fear of investing in the obsolete. That means that sales will decline from previous projections. With an already rich valuation, the absolute best scenario for the stock is to hold here in a trading range.

What is more likely is for projected earnings revisions to trend down with the stock to follow. Or lead, as it has today.

Herb
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