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  • Research In Motion's Dream Run Comes to an End [View article]
    thanks for the comments everyone.
    My basis for buying Apple after earnings was exactly stated by longapple.
    Look at January or the April earnings release - fantastic numbers but were totally ignored. Also, there is no reason why Apple should not fall to $140.
    In December 2007, when Apple was close to 200, I thought I would never need a sell stop, and we saw what happened in February when it went to $125.
    And though Apple distributes revenues for the iPhone, it doesnt change the fact that the iPhone was sold out and even on a cumulative basis, lesser iPhones were sold.
    That was my basis, and I'm sure anyone would love to see Apple at $140. Its better than a thanksgiving sale.
    cheers
    Prashanth
    Jun 27 10:52 am |Rating: 0 0 |Link to Comment
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