Author: alternateorg

Yea, MS slaughtered in the last week, along with all my favorate stocks, by way more than 15%, but this was an interesting blurb regarding Apple, especially when I bought a PPC 8500, and apple stock was around $13.00 a share. I should have bought stock instead of the computer. In any case – Apple’s 2-year run from the mid-teens to nearly 130 where it stands today was not easy to forecast by many who had given up on this innovative computer maker in the mid 1990s. Although it is unlikely that Apple’s stock will again be a ten-bagger, there are many signs pointing to this very positive run continuing for the forseeable future. DLJ announced last week that Apple’s newest products, including an upgraded PowerBook, iBook and Power Mac G4, were “flying off the shelves”, leading to greater than anticipated sales and margins, at a time when many PC manufacturers are seeing sales struggle. In addition, Apple’s board of directors is looking to allocate an additional 600 million shares this next April, in what many see as an anticipated 2-1 or ever 3-1 stock split, the first for the company in quite some time. At a time where many PC makers are lowering margins and fighting a race to the bottom in price and features, Apple is leading the way with innovative designs, software and access to the Internet without sacrificing price margins or quality. Even if you are not familiar with Apple’s products, you should soon find yourself familiar with Apple’s stock.