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Technology Stocks : Apple Inc.
AAPL 271.38+1.1%10:43 AM EST

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To: Cogito who wrote (149301)1/28/2013 2:43:36 AM
From: sandeep2 Recommendations  Read Replies (2) of 213172
 
Aaha! By your logic, nobody can criticize apple about anything since nobody has walked the same walk as apple. That is simply idiotic, afaik. Msft, intc have both borrowed at cheap to buy back stock. I think their rationale is good, but not enough. Apple must borrow money to buy back stock, if they think it is undervalued. Imagine the stock being at 1000 5 years from now and knowing that mgmt didn't buy back stock at 450. Do I need to be an economist for this?
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