The Mac Observer

 
   
 
All Aboard the AAPL Bullet Train!
Posted: 13 February 2002 06:55 PM   [ Ignore ]
Administrator
RankRankRankRank
Total Posts:  16842
Joined  2002-01-04

Apple closed up $.94 today (2/4) to close at $25.35 on volume of 9.3 million shares. This is Apple’s highest close since coming off its 52-week high in early May. Apple is approaching $9 billion in market value and appears poised to test its 52-week high of $27.12. Apple is trading well above its moving averages and over the past year 12 months has outpaced the major indexes.

The new iMac continues to receive favorable press and has been mentioned in most major news publications and technology-related Web sties.

Will Apple set a new 52-week high in the coming days? What’s your view?

 Signature 

Posts At Eventide

Profile
 
 
Posted: 04 February 2002 12:37 PM   [ Ignore ]   [ # 1 ]
Administrator
Avatar
RankRankRank
Total Posts:  870
Joined  2001-06-17

well if everyone buys as many shares… icon_smile.gif

Yes, if Apple can keep up this favorable image, I think it’s do-able!  It’s one of the few companies turning profits in the industry.  That’s gotta mean something, right?  The only thing that worries me is that people don’t see the tech industry as a good place to invest right now, so I bet less people are looking at Apple’s stock and such.  Anyway, I sure hope Apple breaks the 52 week high!

Profile
 
 
Posted: 04 February 2002 01:23 PM   [ Ignore ]   [ # 2 ]
Power User
RankRank
Total Posts:  208
Joined  2001-06-12

Me too!  I sold some of my Apple stock right around the MacWorld Expo, thinking it would go down considerably.  It never did, really, so I reinvested that money in AAPL today—I think I’ll be holding onto it for a while.

Something “clicked” with AAPL after the iMac introduction; suddenly everyone’s optimistic about Apple’s future.  I think the coverage by Time was really priceless.

Profile
 
 
Posted: 04 February 2002 03:44 PM   [ Ignore ]   [ # 3 ]
Apple Fellow
RankRankRankRank
Total Posts:  1083
Joined  2001-06-11

And the DOW (or something) was down over 200 points. I was listening to the guy on the radiio bemoan hte fact that the market was in teh dumps. I thought about my 50 shares of AAPL and smilled inwardly…

 Signature 

“Free yo mind & yo ass will follow…”George Clinton
peep my iBookiBrotha.comfor the ladies...

Profile
 
 
Posted: 06 February 2002 04:49 AM   [ Ignore ]   [ # 4 ]
Power User
RankRank
Total Posts:  77
Joined  2001-06-14

On 2002-02-04 17:18, DawnTreader wrote:
Apple closed up $.94 today (2/4) to close at $25.35 on volume of 9.3 million shares. This is Apple’s highest close since coming off its 52-week high in early May. Apple is approaching $9 billion in market value and appears poised to test its 52-week high of $27.12. Apple is trading well above its moving averages and over the past year 12 months has outpaced the major indexes.

The new iMac continues to receive favorable press and has been mentioned in most major news publications and technology-related Web sties.

Will Apple set a new 52-week high in the coming days? What’s your view?

- count the days, count the hours, count on being blown away…

Profile
 
 
Posted: 06 February 2002 07:54 PM   [ Ignore ]   [ # 5 ]
Administrator
RankRankRankRank
Total Posts:  16842
Joined  2002-01-04

AAPL closed down $.74 today (2/6) at $24.67 on extraordinarily high volume of more than 10.6 million shares. My instincts tell me institutions are quietly moving money into the stock ahead of the next round of analyst upgrades.

I believe AAPL will test its 52-week high within the next two weeks.

_________________
Please visit the TMO Apple Finance Board Forum early and often!

<font size=-1>[ This Message was edited by: DawnTreader on 2002-02-07 00:58 ]</font>

 Signature 

Posts At Eventide

Profile
 
 
Posted: 13 February 2002 06:55 PM   [ Ignore ]   [ # 6 ]
Administrator
RankRankRankRank
Total Posts:  16842
Joined  2002-01-04

I found this article in The Age earlier today. It explains quite nicely what AAPL should continue to do well.

The Age

 Signature 

Posts At Eventide

Profile
 
 
   
 
 

Apple Stock Quote

  • AAPL: $222.2499. Change: 0.00.
  • (Prices delayed up to 20 minutes.)
  • Discuss in our Apple Finance Board

Hot Topics

TMO Express

Join the TMO Express Daily Newsletter to get the latest Mac headlines in your e-mail every weekday. Find out more!

Top Deals From DealBrothers.com

Recent Features

Support The Mac Observer

We noticed you may be running AdBlock on your computer. It takes real money to run this site and to deliver the news, tips, and opinions you love to read.

If you wish to block the ads that pay for the creation of our content, we ask that you instead support TMO Directly, either with a $5 monthly recurring contribution, or a one-time donation of any amount of your choice. Thanks!

Subscribe with Paypal Donate with Paypal