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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated -- Ignore unavailable to you. Want to Upgrade?


To: patron_anejo_por_favor who wrote (11912)3/15/2011 8:29:04 PM
From: stomper  Respond to of 119362
 
All we need is eyeliner coaching sheeple on some exotic butterfly strategy and the Seventh Sign will have been released.

Still miss Mackey...that meltdown is still a classic.



To: patron_anejo_por_favor who wrote (11912)3/16/2011 10:03:05 AM
From: No Mo Mo2 Recommendations  Read Replies (3) | Respond to of 119362
 
Flashes of QCOM and 1999?

This cannot be good:

"Apple: BTIG Raises Target To $450 On iPad Growth

By Tiernan Ray

BTIG Research analyst Walter Piecyk today raised his price target on shares of Apple (AAPL) to $450 from $375, concluding that the iPad will probably generate $24 billion in revenue this calendar year, which is $4 billion more than he’d originally expected, and which, as he puts it, “would represent more than 20% of revenue for a product that is less than two years old.”

Piecyk writes that the introduction of the iPhone 4 at Verizon Communications (VZ) in February had “tempered” his expectations. “the CDMA iPhone 4 initially generated a disappointing response which not only surprised us but apparently also surprised Apple.”

But, “The iPad 2 appears to be putting our doubts to rest,” he goes on, citing the big lines at Apple stores and the stock-outs for the iPad over the weekend.

Piecyk is modeling 40 million iPads will be sold this year, up from a 33 million prior estimate. He notes his Apple revenue estimate for this fiscal year ending in September has gone to $102 billion, up from $86 billion he estimated 5 months ago.

Apple shares today are down $3.53, or 1%, at $341.91.