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

To: FJB who wrote (137)	2/24/2011 10:28:43 AM
From: John Koligman	Read Replies (2) \| Respond to of 32680

"I see Apple going up(not straight of course) until the first major shortfall in comparison to expectations." That is exactly what occured with Dell in the winter of 1999... They missed, the stock was at 54, and over a decade later it is now trading at 15. I will say that at these levels, with a single digit PE and half it's market cap in cash, the stock is pretty cheap. They have beaten earnings expectations handily for two quarters now... Regards, John