Thursday, July 06, 2006 12:59:32 PM
If I hadn't already done my AAPL buying, I'd be attracted. However, between my existing holdings and my intent to move within the year, I am not adding to any equity position.
I don't happen to see Apple looking particularly upwardly mobile until there are some more sales numbers indicating success in the transition-to-Intel period. Once Apple has actually migrated the whole line-up, viewers will be in a better position to see "normal" earnings, whatever that is. Of course, there's always the question whether Apple's ineptitude in selling to institutions will cause it to blow its foot off. Who knows, maybe CDW will figure out how to sell Apple to enterprise, and save Apple the trouble ....
Take care,
--Tex.
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