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Technology Stocks : Apple Inc.
AAPL 259.35+0.1%Jan 9 9:30 AM EST
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To: WebDrone who wrote (16338)8/7/1998 9:21:00 AM
From: Andrew Danielson  Read Replies (1) of 213182
 
"I don't think Apple fits the Value label. What we have is a turnaround- the new and higher value of the company will soon be discovered"

I guess the term "value" has certain connotations of being one of those nice, slow growers that everyone ignores. I used the term value in this context simply to indicate that AAPL is -under-valued relative to other stocks within its industry. The myriad of statistics thrown about by the likes of Eric Yang seem to confirm this (p/e, price/book, etc.) Hence, a market-wide move to find growth -and- reasonable value (low pe, etc) and away from the kind of momentum you must pay an unreasonable premium for (Dell) will undoubtedly benefit AAPL.

Andrew
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