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

To: Moonray who wrote (149825)	2/7/2013 3:17:59 PM
From: ggamer	1 Recommendation Read Replies (1) \| Respond to of 213173

I say take the cash and buy Google, then replace ice cream with apple. :)

To: Moonray who wrote (149825)	2/7/2013 3:21:54 PM
From: slacker711	2 Recommendations Read Replies (2) \| Respond to of 213173

Do you not see a difference between having enough cash for this purpose and the $140 Billion AAPL has? It depends on the disaster. If your goal is to always be prepared for the next Great Depression, well then I'm not sure how much money would ever be considered "enough". The cash also puts an increasing floor under the stock price. A very good thing for management as even if their future performance is terrible, the cash will mean that performance wont be fully reflected in the stock price. It also allows you to throw cash at various random ventures when growth does slow down (see Balmer as exhibit A). Keeping the cash for as long as shareholders will possibly let you really is in their best interests. I would certainly do the same if I were in their position. Slacker