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BRussell · Feb 28, 2005, 12:10 PM

Apple stock.

Remember last week when it was in the 80s? Now it's in the 40s. What happened? iTMS DRM broken? Minis aren't selling? Microsoft takeover rumors?

starman · Feb 28, 2005, 12:12 PM

SPlit?

mdc · Feb 28, 2005, 12:16 PM

smartmoney : market calendar : splits

AssassyN · Feb 28, 2005, 12:29 PM

lol, I bought some on the split, analysts say it'll go past $80 again....let's go!

gumby5647 · Feb 28, 2005, 12:35 PM

Originally posted by AssassyN:
lol, I bought some on the split, analysts say it'll go past $80 again....let's go!

funny how the RIAA could quickly derail that train .....

chris v · Feb 28, 2005, 12:37 PM

OMFG!11! BELEAGEURED!11! DEATH KNELL DEATHKNELL1!

wdlove · Feb 28, 2005, 12:38 PM

Just be patient, it will be back. We have WWDC just ahead.

paully dub · Feb 28, 2005, 12:40 PM

OMG I may actually buy a few shares...

MacGorilla · Feb 28, 2005, 12:40 PM

That bad as the adjusted price after the last split (when it fell into the 20s).

dreilly1 · Feb 28, 2005, 12:41 PM

During the last split in 2000, the stock fell from $125 down to almost $80 between the time the split was announced and the split took effect. So this time around I bought some puts as insurance expecting the same thing to happen. Oh well.

I'm not complaining, though. It looks like there's a lot of strength to iPod sales, and nobody is forcasting doom and gloom for the company anymore. I certainly think there are worse stocks to buy right now.

demograph68 · Feb 28, 2005, 12:45 PM

Originally posted by dreilly1:
I certainly think there are worse stocks to buy right now.

Like a certain software company we all know and love?

Millennium · Feb 28, 2005, 12:58 PM

Originally posted by starman:
SPlit?

Of course it is. But mark my words: come December, Dvorak and Thurrott will be pointing to the sudden apparent drop in price, and they won't mention that it's because of a split.

MacGorilla · Feb 28, 2005, 01:35 PM

Originally posted by Millennium:
Of course it is. But mark my words: come December, Dvorak and Thurrott will be pointing to the sudden apparent drop in price, and they won't mention that it's because of a split.

I wont take that bet. Its like a certainty.

E's Lil Theorem · Feb 28, 2005, 02:35 PM

Originally posted by AssassyN:
lol, I bought some on the split, analysts say it'll go past $80 again....let's go!

Which analysts are saying that? I know of one that has them at $100 pre-split ($50 post-split). If it's someone reputable with some concrete analysis, I may give buying some thought.

AssassyN · Feb 28, 2005, 06:05 PM

Originally posted by E's Lil Theorem:
Which analysts are saying that? I know of one that has them at $100 pre-split ($50 post-split). If it's someone reputable with some concrete analysis, I may give buying some thought.

Right on MacNN's homepage: http://www.macnn.com/articles/05/02/...l.target.rais/

chabig · Feb 28, 2005, 06:18 PM

Originally posted by AssassyN:
Right on MacNN's homepage: http://www.macnn.com/articles/05/02/...l.target.rais/

Check the date of his predicion--2/28/05. That was a pre-split prediction. Taking the split into account, his prediction is $47.

BRussell · Feb 28, 2005, 06:21 PM

Originally posted by chabig:
Check the date of his predicion--2/28/05. That was a pre-split prediction. Taking the split into account, his prediction is $47.

I don't think so, because 2/28 was the day the split happened. It also said he raised his target from 73 to 94 that day. 73 is well below the pre-split price of the stock (it was in the mid- to high-80s).

E's Lil Theorem · Feb 28, 2005, 06:40 PM

Originally posted by BRussell:
I don't think so, because 2/28 was the day the split happened. It also said he raised his target from 73 to 94 that day. 73 is well below the pre-split price of the stock (it was in the mid- to high-80s).

Not when he made the $73 prediction it wasn't, and now that it is too low he upgraded it. Right now the stock is at about $45 post-split and you're telling me this guy thinks it'll get to $97? I doubt that. If it happens great, but I think those target numbers are pre-split.

BRussell · Feb 28, 2005, 06:57 PM

Originally posted by E's Lil Theorem:
Not when he made the $73 prediction it wasn't, and now that it is too low he upgraded it. Right now the stock is at about $45 post-split and you're telling me this guy thinks it'll get to $97? I doubt that. If it happens great, but I think those target numbers are pre-split.

Hmm, maybe you're right. It just seems odd that he let his target stay well below the actual price for so long. It's been steadily over 73 for a month.

Kenneth · Feb 28, 2005, 08:58 PM

Bill Gates can save it from here.

ManOfSteal · Feb 28, 2005, 09:25 PM

I need to buy. I want to buy. I need money to buy. I won't be buying.

dreilly1 · Feb 28, 2005, 10:14 PM

Originally posted by ManOfSteal:
I need to buy. I want to buy. I need money to buy. I won't be buying.

If you can sock away a little bit of money at a time, go to places like www.sharebuilder.com and www.buyandhold.com .

They will let you buy stock a little bit at a time. That's how I bought mine at first.
It took a few years, but after a while I had quite a little portfolio built up.

Just be careful with the fees. Commissions and monthly fees can eat away at your investment, and since you're putting in a little at a time you may not realize it.

ReggieX · Mar 1, 2005, 04:29 PM

Originally posted by Millennium:
Of course it is. But mark my words: come December, Dvorak and Thurrott will be pointing to the sudden apparent drop in price, and they won't mention that it's because of a split.

I sincerely hope that no one here buys their line of crap.

Millennium · Mar 1, 2005, 04:37 PM

Originally posted by ReggieX:
I sincerely hope that no one here buys their line of crap.

Certainly no one here does, but there are many people elsewhere who do. That's exactly what makes The Dastardly Duo so dangerous: they've garnered a measure of respectability that they do not deserve.