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Old 10-08-2007, 10:49 AM
Parallax Parallax is offline
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Join Date: Aug 2006
Posts: 105
Default Re: October [censored] thread

Nowhere in your original post did you say "Here are my thoughts on why Apple is overpriced and please give a thorough rebuttal to my opinion." I don't claim to be anywhere near the level of guys like you, Barron, DesertCat, etc.. for understanding the market.

I would honestly love to hear why you think Apple is overvalued. You may be absolutely right and I wouldn't know. The reasons I am bullish on Apple are:
3Q earnings look very promising.
holiday season is always excellent for them.
still have a very small slice of the home PC market which will increase.
obviously have a very tiny slice of the cell phone market but I believe that will also increase exponentially in the next few years.
Apple's ability to maintain the "cool" factor, which is rare as companies grow IMO.
 

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