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Technology Stocks : Apple Inc.

AAPL 259.35

+0.1%

Jan 9 9:30 AM EST

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To: Doren who wrote (92710)	2/25/2010 3:00:18 PM
From: Keith Feral	Read Replies (2) of 213182

Last time I had a stock do a 4 for 1 split, it went apeshit. With $14 a share in earnings, a 2 for 1 split seems to be a no brainer. If they could deliver $16 a share next year, a 4 for 1 split at $50 would still leave Apple with a PE around 11 times 2011 earnings. Nothing irrational about that scenario, especailly since Apple is sitting on $50 billion worth of cash and investments with no debt.

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