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re: Steve Jobs steps down temporarilly for health reasons
Posted on 1/15/09 at 10:52 am to Cold Cous Cous
Posted on 1/15/09 at 10:52 am to Cold Cous Cous
yeah, it's probably been priced in pretty well.
Posted on 1/15/09 at 8:59 pm to Colonel Hapablap
Yeah, all told apple's now down about 2%. I still think it's overpriced.
Posted on 1/15/09 at 10:25 pm to Cold Cous Cous
Based on what, Forward P/E, price-book?
Posted on 1/16/09 at 11:19 am to LSUtoOmaha
Nope. Based on anecdotal evidence. I know several people out here (CA, so the center of Applemania) who know zero about stocks or investing but who have put several thousand in Apple and Google because, as one told me, "They make good stuff and I don't think people are going to just stop using iPods."
In other words, I think retail investors are far more likely to invest in companies they've heard of, use the products, and have the name cache that Apple and Google do.
In other words, I think retail investors are far more likely to invest in companies they've heard of, use the products, and have the name cache that Apple and Google do.
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