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Technology Stocks : Apple Inc.

AAPL 272.24

+0.5%

3:59 PM EST

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From: Moonray	2/4/2013 6:16:06 PM
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Will anything make Apple go up again? I’m not changing my stance on Apple AAPL -0.01%. I’m holding onto a large common stock position with huge gains that I’ve owned for years and I’m sitting on losses from the recent call options I’d scaled into. I do expect that Apple can and will deliver nearly $60 in earnings this year, and I expect that the market will pay 10X those earnings, plus net cash, which would put the stock up near $750 or $800. And I still expect that we’ll see a $1,000 price in AAPL sometime in 2014 or 2015. There are no sure things though, and that’s why we diversify and clearly our other longs have been huge winners of late even as Apple’s own shareholders have relentlessly sold the stock down here that they loved at $700. More at: blogs.marketwatch.com o~~~ O

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