mrtaxx

Foreclosure Stimulus to Boost Tech's Four Horsemen

People who foreclose are going to need another place to live, maybe they will rent, so the amount of money freed up will be substantially less then you suggest. The fact that people will have to pay for another place to live suggests you article is lacking additional needed thought.

Under The Radar News - Tuesday

APPLE: MacDailyNews Response to the downgrade
MacDailyNews Take: April 8, 2008: Poor Tavis of Morgan Keegan obviously couldn't analyze his way out of a wet paper bag. The real risk here is in listening to analysts employed by second-tier regional firms who fall hook, line, and sinker for ginned up election year efforts to talk down the economy* while ignoring and/or not comprehending what's really happening at Apple Inc.

*Which, of course, can become self-fulfilling prophesies. Still, we require proof that any weakness in consumer technology spending is actually impacting Apple negatively rather than positively. For example, perhaps any threat of "recession" will cause people to spend their technology dollars much more wisely, thereby getting themselves Macs which run all of the world's software and also retain their value far better than run-of-the-mill PCs? There are a lot of variables in play here and McCourt is out of touch with, frankly, better analysts who cover Apple.

Of the 28 analyst firms making recommendations on Apple Inc (AAPL) stock today, as covered by NASDAQ:
• 8 - Strong Buy
• 16 - Buy
• 3 - Hold

And only one, little ol' Morgan Keegan, says "Underperform."

Time to Nibble on Tech - Barron's

Eric Saitz was totally negative on Apple approximately a month or so ago, he bashed Apple several times with his opinion based on other opinions mostly and not any or many concrete actual facts. Then one day, in someones comment to one of his articles, someone listed Eric's home address. Since then I have noticed Eric is not as negative, especially on Apple. This reminds me somewhat of a comment Charlie Gasparino made on CNBC about 2 years ago. Gasparino said something to the effect that Goldman Sacks tells their clients to buy a stock and at the same time Goldman is selling the stock and he couldn't understand why those clients still stayed with Goldman. Gasparino realized what he said and quickly changed the subject. Gasparino who had been on CNBC alot, suddenly did not appear on CNBC that much. But don't take my word for it, as Warner Wolf used to say, "lets go to the tape."