Quote:
Originally Posted by gleem
bought at $7, sold 500 shares at 220, got a shitload left to carry me to retirement.. got 5 years left to climb on this one before they turn into microsoft.
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Interesting! I remember them as a trading option back at $20 just before the tech bubble grew and blew, but not before - I never traded anything in real cash until 2 yrs ago! They are already bigger than MS, which is why I think they've reached their peak(ish).
They have a shitload in cash in the bank, but too wealthy on the market to get bought out by anyone. Dell said only a few years back they'd buy them out just to reimburse the shareholders (how wrong!).
I have the feeling, this is their primeish area with what the tech stock can hold. I'm going to follow closely to see how the dust settles post-ipad, but I think this is their limit... it's not a tech bubble at all, since the other tech stocks aren't in the same league, but a simple apple bubble....