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

To: Ryan Bartholomew who wrote (169878)	5/28/2014 4:07:36 PM
From: pyslent	Read Replies (2) \| Respond to of 213176

"While you and others might have thought $400 was a low-risk bargain of a lifetime, others thought it was a grossly overpriced stock because of the market share, margin, and profit trends." Agreed, the balance between the opinions of buyers and sellers is what makes a market. Re-read MGV's original post that sent you into a tizzy. All he was saying was that the opinions of those who still thought Apple was grossly overpriced after it fell were wrong. I don't see your problem with that point. I don't think it's particularly insightful, but I also don't think it's at all controversial, given the price action. Unless you mean to say that the bears weren't wrong, they were just unlucky. Conversely, those of us on the long side weren't right, we were just lucky. IE, unknowable. Message 29550585

To: Ryan Bartholomew who wrote (169878)	5/29/2014 1:24:36 AM
From: i-node	3 Recommendations Recommended By CHRIS LINELL JP Sullivan Ryan Bartholomew Read Replies (2) \| Respond to of 213176

>> And others (like me) are waiting for the iPhone to follow in the footsteps of the iPad and profits start to decline. If you "know" the bearish view is much less likely to pan out than the bullish one, then be rational... gather (and borrow, beg, and steal) every dollar you can and buy some call options! It looks to me like Apple is doing a pretty reasonable job of securing its existing user base and inciting growth. My greatest concern with owning Apple for some years has been "where to from here?" It has always been obvious that cheap alternatives would own a bigger chunk of the market and that Apple would be beaten down disproportionately the first time they looked weak. Anyone who didn't see that coming wasn't paying attention. Before it is over with they're going to be in every brand of car. While the lead time in the auto industry has always been long (in the past 36 months, but OEMs are have been working for years to get that down to something more reasonable), they will be motivated. And that will do more to encourage iPhone sales than anything else I can think of. It will extend the marketing life of the iPhone considerably and be a good driver of new sales. The precipitous drop in Apple shares was reasonable, as people were concerned about the lack of innovation. It seems like that concern has been mitigated; I see no reason the stock can't come back to 700+ at this point.