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Technology Stocks : Apple Inc.
AAPL 259.95-0.4%Jan 14 3:59 PM EST

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To: John Koligman who wrote (152241)4/4/2013 4:07:39 PM
From: Kirk ©  Read Replies (2) of 213182
 
Notice the similarity between Cisco's plans in 1999/2000 to build a city south of San Jose and now, 13 yrs later, it is still cutting back on what it had... to Apple's announcement when its market cap was also making huge gains to build a fancy new HQ....
Apple's planned 'spaceship' HQ will reportedly cost $5B The iPad maker has delayed construction on the project in order to cut $1 billion out of the budget, according to Bloomberg Businessweek.
I pointed out some other similarities to Cisco with its $500B market cap in an article last year
seekingalpha.com
(Cisco is just over $100B today....)

I heard a 10-yr Apple fan boy on CNBC today admit he just bought a Windows PC at about one fifth the price of his last Apple laptop....

I've been watching Apple for some time as I've made great money buying fallen leaders after they correct, such as buying Google in 2008 at $310 after it fell....


but I'd like to see some compelling reason Apple will grow rather than slowly lose share to lower cost commodity makers as smart phones move to commodity items like PCs and laptops have...
Maybe that 61.8% Fib support level I'll get interested....

IF Apple buys the naming rights to HP Pavilion where the SJ Sharks play....or the new 49ers stadium, that would probably be a short signal.
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