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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Fintas who wrote (6520)	1/5/2019 2:06:04 PM
From: Kirk ©	Respond to of 26763

Thanks for sharing your thoughts on AAPL and GE. My problem with Apple is I haven't figured out what it is worth if they can only get the same margins for their phones as Google and Samsung get for theirs. Despite the hype, they don't really innovate. I see them as incremental improvement makers that takes great tech invented by others and makes it easier to use by making it simpler... so not great for "real engineers" but I've found a lot of software and creative types really like their products. OTOH, I see Google as having the innovation DNA that we used to have when I went to work for HP in 1978 and they started losing before I left in 1998 as the smartest were trickling out to Google and some others via spin offs, etc. Anyway, the ONLY FAANG stock I own is GOOGL and I was on "house money" by taking profits and trading the last couple of years, but during the recent decline, I felt it was worth putting even more in... The market seems to agree based on where it found support. Apple is pretty close to a major support line but still some work to become a "fat pitch".

To: Fintas who wrote (6520)	1/5/2019 2:08:53 PM
From: Kirk ©	Read Replies (1) \| Respond to of 26763

Thanks for sharing your thoughts on AAPL and GE. There are a gazillion places to be where stocks are simply experiencing a healthy retrace and not some concern of X billions tied to pensions, having to do an IPO.. or other to raise some cash. If we find Buffett is back in GE using his cash during the 3 months he has clear of SEC reporting requirements to build his position... Nobody seems to talk about it much. They seem more interested in he was a big buyer of Apple without talk many of his shares were added at much higher prices.