06-21-2010, 07:20 PM
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CC Member
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Join Date: Jun 2005
Cobra Make, Engine:
Posts: 3,077
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Not Ranked
Blasfamy will not be tolerated!! With 45 billion in cash reserves and zero debt Apple appears to be stable. The risk is Steve Jobs falling ill etc. I got it over a year ago so I am in pretty good shape. I have many other investmenst and while they stay flar or fall in price Apple Marchs up. I think it is safe to $400.
I also doubt Apple can run into environmental problems like BP, or union problems like GM / Ford or bare bones competion like Walmart. The Ipad is there first real attempt to break into the corporate workplace. If they can do that we will be looking at a long healthy run for Apple. Shows you how screwed up society is, people place a higher value on cell phones and MP3 players than the basic building blocks like food and clothes and transportation.
Quote:
Originally Posted by Bob In Ct
Be careful with AAPL. It's had a pretty good run already.
Bob
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