Saturday, November 26, 2005

Son Of A ...
Here is a chart of the stock price of Apple Computer over the last three months. I considered buying some a while back but thought it was topping out around 50. Oh how wrong even the faithful can be! And so, naturally, I find it almost impossible to invest at the current price though I can't help but wonder what is driving the price. The video iPods? The iPod Nano that apparently been selling like electronic hotcakes? The looming move to Intel hardware?
And has all the upside been priced in already? I so want to buy some and yet so don't. The consistently brilliant Lycurgus wanted to buy back into Apple when it was 14 and that was before the stock split. That would have made my war profittering on Halliburton look like chump change.

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