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**kjsdiuwe** · 01-24-2008, 02:08 AM

Originally posted by Agathon
Drogue is basically correct.

When the market as a whole is in turmoil, Apple's stock tends to drop. This happened only a few months ago, where the stock dropped heavily. When things calmed down, it moved up again.

Note that the stock dropped even though Apple beat expectations. This would be news, except the same thing happened a few months back.

In other words, this drop is caused by the market situation in general, not by anything Apple did. The market, in general, was up.

Apple was down. Way down.

Don't blame this on general market woes, it shows just how ignorant you are.

If you believe that recession will be avoided, then buy AAPL. You'll make a ton of money. The people that took your suggestion to buy AAPL a month ago when you last made it lost roughly 35% since then. It's still overvalued when you compare Apple to its contemporaries in earnings per share. It's got more to drop, and it will. Apple's had a helluva ride but reality is setting in. Apple's stock now is akin to Microsoft's stock in the late 80s/early 90s, it levels out at some reasonable pace once people actually understand the company more.

01-24-2008, 02:08 AM	#18
kjsdiuwe Join Date Oct 2005 Posts 508 Senior Member	Originally posted by Agathon Drogue is basically correct. When the market as a whole is in turmoil, Apple's stock tends to drop. This happened only a few months ago, where the stock dropped heavily. When things calmed down, it moved up again. Note that the stock dropped even though Apple beat expectations. This would be news, except the same thing happened a few months back. In other words, this drop is caused by the market situation in general, not by anything Apple did. The market, in general, was up. Apple was down. Way down. Don't blame this on general market woes, it shows just how ignorant you are. If you believe that recession will be avoided, then buy AAPL. You'll make a ton of money. The people that took your suggestion to buy AAPL a month ago when you last made it lost roughly 35% since then. It's still overvalued when you compare Apple to its contemporaries in earnings per share. It's got more to drop, and it will. Apple's had a helluva ride but reality is setting in. Apple's stock now is akin to Microsoft's stock in the late 80s/early 90s, it levels out at some reasonable pace once people actually understand the company more.
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