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AAPL at $60

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AAPL at $60
troywellbuilt Offline
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#1
03-23-2006, 05:26 PM
should I get in?
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mick e Offline
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#2
03-23-2006, 05:31 PM
mick e is officially losing money now. Unbelievable.

It's hard to imagine that it will go any lower, yet it just continues to do so.
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freescotland Offline
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#3
03-23-2006, 05:34 PM
I'm back in at $59.99.

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SteveJobs Offline
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#4
03-23-2006, 05:39 PM
Wasn't it as like $85?

Did you see on the Google finance page - hovering over the execs brings up their photos?
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Paul F. Offline
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#5
03-23-2006, 05:42 PM
I can't decide if I should leave my "stop sell" at $58 or lower it...
OR buy more...
OR sell what I have... (which is still in the green unless it falls below $50.40).


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freescotland Offline
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#6
03-23-2006, 05:45 PM
I'm guessing the tumble is about to stop and that it will rise back into the 60s and settle there until Apple announcements in April.

I'm buying today.
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$tevie Offline
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#7
03-23-2006, 05:59 PM
I hope it goes back up. I know I keep insisting that I am only in this for the fun of it, but let's face it, this can in no way be considered fun.
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IronMac Offline
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#8
03-23-2006, 07:20 PM
Trying to time this stock is extremely dangerous. If you have the guts and money to burn then I would purchase more, otherwise, stay clear.
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raz Offline
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#9
03-23-2006, 07:39 PM
P/E of 32 or so at the moment. Back out $10/share of cash on hand and the P/E drops to 27. It'd be hard for APPL to maintain a 27% growth in profits (average estimate for next year is 18%) without some new source of revenue.

Throw in the dilution caused by a tremendous amount of stock options granted (see a later thread where The Leader just sold 4.5 million shares) and the problems get worse.

I love the products, but the stock price doesn't jibe with the numbers. I sold off half my AAPL at $70 (on the way down). I'm not getting back in for a while.
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davester Offline
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#10
03-23-2006, 09:49 PM
raz Wrote:
-------------------------------------------------------
> P/E of 32 or so at the moment. Back out $10/share
> of cash on hand and the P/E drops to 27. It'd be
> hard for APPL to maintain a 27% growth in profits
> (average estimate for next year is 18%) without
> some new source of revenue.

Call me a stock novice, but the relationship between a P/E ratio of 27 and a 27% annual profit growth rate is not apparent. What exactly are you saying?
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