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Re: FinancialAdvisor post# 4824

Monday, 03/21/2005 10:40:40 AM

Monday, March 21, 2005 10:40:40 AM

Post# of 25966
*AAPL won't be spared from the broader economic conditions!

I expect AAPL to get nailed soon along with the market, it trades at extremely high market valuations currently with a P/E ratio of over 69! This is pricing in significant future growth. Besides that, Ipod's are now being replaced with Sony's new Playstation Portable...

I have a strong feeling this is the last impulse higher here... and there are many gaps to the downside...

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