Quote:
Originally Posted by PR_Glen
its been far too unpredictable even for the 'experts' to figure out. would be safer to bet on black at a roullette table at this point.. Sure it's over valued, but it was over valued for the last few years and still went up some how.
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How has it been "over valued" when it's been trading at 10-13 P/E for the last year? Most people just see the stock price and compare it against something else, say Micorsoft and see that it's trading at $27, so Apple must be over valued because it's $500+ They've got $120 billion in cash! They make $100 million a day in profit! They've got a lower P/E than any tech company out there! Fundamentals people.