Mac to go below $500?

[Q Classic]

We all know that Mac users have a higher vocabulary than PC users, so .

Greater vocabulary size does not necessarily mean that they have the ability and capacity to use it, as is proven by your specific case, MNG.

Besides, the "proof" for that is a very unscientific study with extremely questionable methodology, using sites of debatable merit to determine who scores best on a rubric graded automagically.

Using Slashdot as a good example of what linux users are like is tantamount to using your posts as an example of what apple users are like. It doesn't do the greater group any justice, but rather humiliates them for no good reason.

[Q Classic]

Maybe. Can't that be eventually changed with a soft update though?

Oncle Boris, probably not. Most DSP circuits are hardwired, and not firmware updatable.

Inferior technology can, and does win. Look at VHS, and now, look at the ipod.

[Asher]

Originally posted by lord of the mark
Stock analysts attempt to evaluate stocks by forecasting companys cash flows

They also exist to tell you when to buy stock when it's going to go up.

If they did it based on forecasted income, there's no rational explanation for Apple's surge in stock price. Period. There's no way Apple's income can match the increase in stock price.

Oh, and if you are better at this sort of thing than professional analysts, you should be rich.

I'm not saying I'm better than them, I'm saying they exist to tell people when to buy stock when it's going up. And Apple's stock is going to go up for a bit more, since the world is in this warm, fuzzy place with Apple and the iPod right now, just like they were with the dot-coms in the late 90s.

The stock is overvalued, which means it will crash hard at some point, but the stock will go up until then, which is why many analysis say to buy it.

Not all analysts say to buy it anyway, the latest Fortune magazine warned that the Apple stock was overvalued, for instance.

[Asher]

Originally posted by Agathon
Here's a report from CNN Money - that bastion of liberal artsy anti-capitalism.

http://money.cnn.com/2005/01/03/mark...aapl/index.htm

From your own article, you just discredited yourself...

Despite the stock's strong performance in 2004, Wall Street analysts still have a mixed opinion on the stock. According to Thomson/First Call, eleven analysts have Apple rated a "buy" or "strong buy" while 12 have it rated a "hold."

See? Most analysts say not to buy it.

Why? It's clearly overvalued.

Most say to "hold" it, which means you bought it when the price was lower than it is now. They don't recommend buying at the current price.

When you bought it at a substantially lower price than it is now, when it starts to go down you can get out of it quickly. Amazingly, virtually everyone will think like that, causing a crash in the stock.

Mark my words, it will happen.

[Tassadar500]

Saying a company will fall eventually is stupid. Of course it will. It's inevitable.

[lord of the mark]

Originally posted by Asher

They also exist to tell you when to buy stock when it's going to go up.
.

youve never heard of a sell recommendation?

[lord of the mark]

Originally posted by Asher


From your own article, you just discredited yourself...

Despite the stock's strong performance in 2004, Wall Street analysts still have a mixed opinion on the stock. According to Thomson/First Call, eleven analysts have Apple rated a "buy" or "strong buy" while 12 have it rated a "hold."

See? Most analysts say not to buy it.

Why? It's clearly overvalued.

Most say to "hold" it, which means you bought it when the price was lower than it is now. They don't recommend buying at the current price.

When you bought it at a substantially lower price than it is now, when it starts to go down you can get out of it quickly. Amazingly, virtually everyone will think like that, causing a crash in the stock.

Mark my words, it will happen.

A hold doesnt mean sell. Sell means sell. If you KNOW its going to go down, you issue a sell recommendation. Hold means it roughly fairly priced, so it doesnt warrant a buy OR a sell (since there are transaction costs)

[Asher]

Originally posted by lord of the mark
youve never heard of a sell recommendation?

Don't be pedantic...a natural corollary of telling people when to buy to make money would be when to sell as well...

A hold doesnt mean sell. Sell means sell. If you KNOW its going to go down, you issue a sell recommendation. Hold means it roughly fairly priced, so it doesnt warrant a buy OR a sell (since there are transaction costs)

Thanks Ace! Good thing you're here bringing the obvious clarity to this thread.

I didn't say anything about selling Apple shares. I just said it's overvalued. The people who say "hold" also think it's overvalued, but it's worth the risk to see if it'll keep going up (but not on the accord of the company's performance, if they already think it's overvalued). They're saying "hold" because you already bought the stock. If you sell it when it starts going down, you'll still make money (but everyone's actions while doing this will cause a crash), but if it keeps going up first, all the better. "hold" means they don't think it'll keep going up, or it's too risky to issue a "buy" since it's overvalued as it is...

Lord Nuclear:

Saying a company will fall eventually is stupid. Of course it will. It's inevitable.

First, I disagree.
Second, I didn't say the company will fall, I said the stock will crash. Very different things.

[lord of the mark]

Originally posted by Asher

Don't be pedantic...a natural corollary of telling people when to buy to make money would be when to sell as well...


Thanks Ace! Good thing you're here bringing the obvious clarity to this thread.

I didn't say anything about selling Apple shares. I just said it's overvalued. The people who say "hold" also think it's overvalued, but it's worth the risk to see if it'll keep going up (but not on the accord of the company's performance, if they already think it's overvalued). They're saying "hold" because you already bought the stock. If you sell it when it starts going down, you'll still make money (but everyone's actions while doing this will cause a crash), but if it keeps going up first, all the better. "hold" means they don't think it'll keep going up, or it's too risky to issue a "buy" since it's overvalued as it is...

Lord Nuclear:

Saying a company will fall eventually is stupid. Of course it will. It's inevitable.

First, I disagree.
Second, I didn't say the company will fall, I said the stock will crash. Very different things.

If you know when its going down, you want to sell NOW even whatever price you bought it at. Since you make less by holding. Hold, as a general rule, does NOT mean a stock is going down, it means its equally likely to move either way, or not likely to move significantly either way.

[lord of the mark]

Originally posted by Asher

Don't be pedantic...a natural corollary of telling people when to buy to make money would be when to sell as well...


Thanks Ace! Good thing you're here bringing the obvious clarity to this thread.

when its not clear what people know, it often helps to state the obvious. Your hostile tone is uncalled for.

[Asher]

Originally posted by lord of the mark
If you know when its going down, you want to sell NOW even whatever price you bought it at. Since you make less by holding. Hold, as a general rule, does NOT mean a stock is going down, it means its equally likely to move either way, or not likely to move significantly either way.

True, but it will eventually go down. Just not right now, most think. They don't think it'll go up, either...

In any case it makes the opinion of Agathon that it'll go up another 200% pretty ridiculous...

[lord of the mark]

Originally posted by Asher

I didn't say anything about selling Apple shares. I just said it's overvalued. The people who say "hold" also think it's overvalued, but it's worth the risk to see if it'll keep going up (but not on the accord of the company's performance, if they already think it's overvalued). .

If its significantly more likely to go than to go up, thats a sell recommendation.

If its equally likely to go up or down over time, then its being fairly valued.

[lord of the mark]

Originally posted by Asher

True, but it will eventually go down. Just not right now, most think. They don't think it'll go up, either...

Well in that sense no stock analyst recommendations are relevant, since at some level they MUST be based on the forecast of short term movements. One would like to go through the recommendations to see their basis. But generally these things arent handed out for free to non-clients. Gian, interestingly, had a site with contasting opinions, but chose only to post one.

[Giancarlo]

Originally posted by lord of the mark
Gian, interestingly, had a site with contasting opinions, but chose only to post one.

I posted a site that was balanced and picked out the portion relevant to my argument as any good debator would do. You on the other hand presented nothing.

[Asher]

Originally posted by lord of the mark
Well in that sense no stock analyst recommendations are relevant

Agreed.

The best stock analyst is the person whose money is at risk.

You always find contrasting opinions, even in the same firms. It's rather worthless.

Pick a sector, know the sector, and keep up to date on the company's financials.