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Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Cogito who wrote (92046)	2/15/2010 7:56:45 PM
From: sylvester80	Read Replies (1) \| Respond to of 213173

It is clear that for any stock (and I do mean ANY stock) the thing that matters most is timing. When do you buy and especially when do you sell. You could have bought DELL back in 1996 for 70cents and sold it 4 years later for $60 or almost a 86-bagger. A person buying Apple today at $200, could look back 5 years from now and call it the worst investment ever made if the recent high turns out to be an all time high for the next 5 years. Same if someone bought DELL at $60 back in 2000. It is clear that Apple has been a better performer than DELL for the last 5 years. But as they say in those commercials, "past performance does not guarantee future results".... in any case, with Apple almost at $200 billion valuation, its best days are behind it. The time would have been to buy it at $10 or below, 6 years back for a 20-bagger. Anyone hoping for a $200 billion dollar company to becoming a $400 billion company in a year just to get a 2-bagger will find that their money is better spend elsewhere for the same return (if not a whole lot better)... but then again... nothing is guaranteed but death and taxes... I'm sure that people buying DELL at $60 thought the same thing at the time...that the company can do no wrong... IMO the tremors for Apple have already started. It may still make a higher high but its best days are behind it... you will never see another 20-bagger (or even a 5-bagger for that matter) performance from Apple during the next 6 years... it's over... even if the stock doubles miraculously to $400 billion and continues to do well, it would just sit there and languish within a small range for years and years... just like other big caps like Microsoft... it just becomes very hard for any huge company to get a good ROI when it becomes that big... JMHO of course...